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Lexus RX 350 / RX 400h Lease Questions

961 messages,  Last post on Sep 02, 2008 at 6:13 PM

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What is this discussion about? Lexus RX 330, Lexus RX 350, Lexus RX 400h, Car Leasing, SUV

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#921 of 961 Re: Lease questions [ks_man] by Car_man HOST May 19, 2008 (2:27 am)
Replying to: ks_man (May 13, 2008 6:40 pm) Here's the information that you're looking for, ks_man. Lexus Financial Services; current buy rate lease money factor and residual value for a 36 month lease of a 2008 Lexus RX 350 AWD without the entertainment system with 15,000 miles per year are .00190 and 54%, respectively for consumers who qualify for its "Tier 1+" credit tier. The numbers for an otherwise identical 48 month lease are .00190 and 44%. If you were to lease with only 12,000 miles per year, these residual values would be 2% higher. These are the lowest money factors that dealers can charge on this truck, but dealers can mark-up money factors to add additional hidden profit to deals.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: ks_man (May 19, 2008 5:49 pm) fabb (May 20, 2008 7:47 am) Car_man (Jun 11, 2008 3:39 am)
#922 of 961 Re: Lease questions [Car_man] by ks_man May 19, 2008 (5:49 pm)
Replying to: Car_man (May 19, 2008 2:27 am) Thanks for that very helpful info Car_man. I'll let you know how it goes at the dealership (unfortunately I live in the very lease unfriendly state of Illinois but I can't really change that).   Am I correct in assuming that Lexus Financial keeps the same money factors for the entire month and so the ones you posted were for May? I remember that was how BMW did it.   Also you say the dealers can mark-up money factors but are they allowed to lower residual values as well or are those pretty much set in stone? Thanks again.
#923 of 961 Re: Lease questions [Car_man] by fabb May 20, 2008 (7:47 am)
Replying to: Car_man (May 19, 2008 2:27 am) Thanks for the useful data here Car_man. My question is fo the 2008 RX 400h in WA state. Would I use the same money factor/residual with the dealers here? And do you have the 48 month data on MF and Residual?   I have the deal at 46850 for price (50031 msrp) with NV, PT, HH, FT, WU, TO options. The residual they are offering on 36 is 53%, but on 48 mo its 42%. The best monthly after $7K down is 629 (48mo) and 633 (36 mo). Seems high (about 20-30 high).   Thanks in advance. Replies to this message: Car_man (Jun 11, 2008 3:39 am)
#924 of 961 Lease factors for 2008 RX400h - Charleston? by pjw6nmke2d May 28, 2008 (2:34 pm)
My wife would like to lease a 2008 RX400h for 3 years with 12,000 miles per year. Does anyone have any lease factors/residual values that would apply in this situation?   I apologize if I missed this information in an earlier posting.   Thank you in advance.   pwilkie Replies to this message: Car_man (Jun 11, 2008 3:41 am)
#925 of 961 Re: New RX 350 Lease in Southern California [vasco] by fromage Jun 05, 2008 (1:33 am)
Replying to: vasco (May 01, 2008 8:34 am) Vasco- may I ask where you leased? My quote on the RX350 is as follows   2009 RX350 FD reasonably loaded but no Nav, no ML Selling price 38,574 36 months with 2000 down $610/mo, 48 months with 2000 down $579/mo all at 10 K   Seems as though there is a somewhat better deal out there...I want to be under $600 total/month and stay at 36, and certainly put less down if possible...many thanks
#926 of 961 RX350 AWD in New York by hazmarty Jun 05, 2008 (10:15 am)
Just picked up our 2009 RX350 AWD last Saturday. It includes Premium Plus, Heated Front Seats/Rain Sensing Wipers, Liquid Graphite 18" Wheels, Towing Package, Cargo Mat, and Wheel Locks.   36 Month Lease with 12K miles per year   MSRP = $43,331 Invoice = $38,298 Sell Price = $38,910   Residual = 56% MF = 0.0165 (previous Lexus leasee)   Monthly Payment = $511   Paid on Delivery: Sales Tax = $1639 (8.625%), Lease Fee =$600, First Month = $511, Procees/Inspection/Tire Fees = $68 Replies to this message: Car_man (Jun 11, 2008 3:48 am) pooch2 (Jun 14, 2008 4:47 pm) hazmarty (Jul 27, 2008 12:48 pm)
#927 of 961 Re: Lease questions [fabb] by Car_man HOST Jun 11, 2008 (3:39 am)
Replying to: fabb (May 20, 2008 7:47 am) You're very welcome, .fabb. I believe that Lexus Financial Services' buy rate lease money factor of .00200 for Tier 1+ customers is available in all of its regions...at least it was the last time that I checked. This factor is available for 48 month leases as well. The 48 month residual value that you were quoted looks right to me.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#928 of 961 Re: Lease factors for 2008 RX400h - Charleston? [pjw6nmke2d] by Car_man HOST Jun 11, 2008 (3:41 am)
Replying to: pjw6nmke2d (May 28, 2008 2:34 pm) Hi pwilkie. According to the latest information that I have seen, if you were to lease a base 2008 Lexus 400h 2WD through Lexus Financial Services for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value would be .00200 and 51%, respectively...assuming that you qualify for its Tier 1+ credit tier.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#929 of 961 Re: RX350 AWD in New York [hazmarty] by Car_man HOST Jun 11, 2008 (3:48 am)
Replying to: hazmarty (Jun 05, 2008 10:15 am) Congratulations on leasing your new RX 350, hazmarty. Thanks for taking the time to share the details of your deal with everyone. Real world examples like this are always helpful to others who are in the market. Make sure to stop by the Edmunds.com Dealer Ratings & Reviews section to share your thoughts on your recent dealer experience as well. Enjoy your new ride .   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#930 of 961 Re: RX350 AWD in New York [hazmarty] by pooch2 Jun 14, 2008 (4:47 pm)
Replying to: hazmarty (Jun 05, 2008 10:15 am) Hazmarty thanks for the info that sounds like a really great deal do you mind if i ask which dealer in NY? I am looking to lease within the next month the only one I have heard from is prestige in NJ but I have not receive any figures yet. Thanks for any help. Replies to this message: hazmarty (Jul 27, 2008 12:48 pm)

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