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Lexus RX 350 / RX 450h Lease Questions

1593 messages,  Last post on Dec 08, 2009 at 6:21 PM

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What is this discussion about? Lexus RX 450h, Lexus RX 350, Car Leasing, SUV

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#87 of 1593 Lease vs. Buy by rlb1957 Dec 22, 2005 (10:40 am)
Hi,   I'm trying to decide whether to lease or buy a 2006 Lexus RX 330 at $39,000 (sticker is $42,093). Haven't received a worksheet from the dealer yet, but assuming the residual percentage and money factor will be typical for the "December to Remember" period. Both lease and loan will be for 36 mos. Interest rate for loan is 4.0% through my credit union. Mileage max for lease will be 12K. I do plan to make the max number of security deposits on the lease. If I bought it then sold it after 3 years, would I come out ahead compared to if I leased it? Thanks.   rlb1957 Replies to this message: Car_man (Jan 03, 2006 3:19 am)
#88 of 1593 RX 330 in CT by lexusct Dec 22, 2005 (3:33 pm)
Car_Man please provide additional info about these extra security deposits. I would be interested in finding out how they work and what I need to do to get them.   By the way - I am interested in a 2006 RX 330 with Navi. Replies to this message: Car_man (Jan 03, 2006 3:25 am)
#89 of 1593 Multiple Security Deposits by rlb1957 Dec 22, 2005 (3:52 pm)
I too am interested in this tactic. Anyone have firsthand experience in doing this? Is it offered through Lexus Financial Services? Thanks.   rlb1957 Replies to this message: malenky (Dec 23, 2005 4:58 pm) rxcrazy (Dec 27, 2005 2:16 pm) nrechtman (Feb 05, 2006 9:24 pm)
#90 of 1593 Re: Multiple Security Deposits [rlb1957] by malenky Dec 23, 2005 (4:58 pm)
Replying to: rlb1957 (Dec 22, 2005 3:52 pm) Just got 2006 RX 330 from Lexus of Englewood in NJ. $449 a mo / 36 mo 12K per year with LFS and $1350 out of pocket. $4050 security deposit (9x$450). MSRP $43,404.00, sale price #37,500, a few hundred below invoice. Replies to this message: rxcrazy (Dec 27, 2005 2:16 pm) nrechtman (Feb 05, 2006 9:24 pm)
#91 of 1593 Re: Multiple Security Deposits [malenky] by rxcrazy Dec 27, 2005 (2:16 pm)
Replying to: malenky (Dec 23, 2005 4:58 pm) Malenky   I am looking to lease within a week from NJ. The deal you've got seems to be pretty good. Can u give me the details on Color/Options/etc. for this one. Can I use your name(I need full name or last name or some reference) if asks for. ------------------------------------ Just got 2006 RX 330 from Lexus of Englewood in NJ. $449 a mo / 36 mo 12K per year with LFS and $1350 out of pocket. $4050 security deposit (9x$450). MSRP $43,404.00, sale price #37,500, a few hundred below invoice.
#92 of 1593 Lease payments by sued2005 Dec 27, 2005 (2:58 pm)
After a couple of months researching, we are ready to buy the RX330. I was able to get a quote of 40,988 on an MRSP of 45,753 and 42,579 on an MRSP of 48,573. My question is what type of pmt would I be looking at for a 36 or 39 months lease with 15k mileage per year? Now that I reached my targeted price I don't want the dealer to do anything weird when I tell them I want to lease the car vs purchasing it. Thank you for your time! Replies to this message: sued2005 (Dec 27, 2005 11:17 pm) Car_man (Jan 03, 2006 3:37 am) kaipaji (Jan 05, 2006 3:05 pm) Car_man (Jan 09, 2006 4:25 am) karep (Feb 04, 2006 8:46 am) nrechtman (Feb 16, 2006 10:35 pm)
#93 of 1593 Re: Lease payments [sued2005] by sued2005 Dec 27, 2005 (11:17 pm)
Replying to: sued2005 (Dec 27, 2005 2:58 pm) Tonight we went to the local dealership who promised via email that they could match another dealer's price. However, when we arrived, they showed us the invoice and said that the other dealer was giving us $300 under invoice and that they could only offer $500 over invoice. The price is still fair, but I am questioning their original promise. I have not picked up the car, just did the initial paperwork and will be handling the financing tomorrow and pick up of the vehicle. The MRSP is 48,573 and I am getting 43,179 locally. Or I could drive 2 hours to the Bay Area to save $600 and get a price of 42,579.
#94 of 1593 Re: Lexus RX 330: Lease Questions [Car_man] by footwood Dec 28, 2005 (9:03 am)
Replying to: Car_man (Aug 31, 2005 3:29 am) I am going to Ray Catena Lexus of monmouth on Friday to look at the Lexus RX330. I am always cautious when going to a dealer. What should I look for as far as a lease. I have looked at the prices people were getting on there cars. I just don't want to get nailed. Replies to this message: Car_man (Jan 03, 2006 3:40 am)
#95 of 1593 Re: 2006 RX 330 AWD with Prem. Plus. Fair deal? [Car_man] by lex123 Dec 28, 2005 (12:34 pm)
Replying to: Car_man (Dec 15, 2005 4:04 am) Car Man, can explain why the multiple security deposits is a good deal? Yes, it lowers your monthly lease payment but you essentially tie up a huge amount of money that is better off invested elsewhere (i.e. ING, a 4% one year CD). From what I understand, you are lowering your money factor slightly by doing this. Let me know what I'm missing.   Thanks Replies to this message: Car_man (Jan 03, 2006 3:49 am)
#96 of 1593 Re: 2006 RX 330 AWD Premium Plus w/Navigation [vt100] by Car_man HOST Jan 03, 2006 (3:13 am)
Replying to: vt100 (Dec 15, 2005 4:21 pm) Hello vt100. You never mentioned the selling price of the RX 330 that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the truck that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to work up a sample lease payment on the truck that you are interested in for you if you let me know what its selling price is. You should be able to get an idea of how much you should pay for this truck by visiting the following discussion: "Lexus RX 330: Prices Paid & Buying Experience".   Car_man Host Smart Shopper / Prices Paid Forums

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