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Lexus RX 350 / RX 450h Lease Questions

1587 messages,  Last post on Dec 06, 2009 at 7:23 PM

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

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#927 of 1587 Re: Lease questions [fabb] by Car_man HOST Jun 11, 2008 (2:39 am)
Replying to: fabb (May 20, 2008 6:47 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 1587 Re: Lease factors for 2008 RX400h - Charleston? [pjw6nmke2d] by Car_man HOST Jun 11, 2008 (2:41 am)
Replying to: pjw6nmke2d (May 28, 2008 1:34 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 1587 Re: RX350 AWD in New York [hazmarty] by Car_man HOST Jun 11, 2008 (2:48 am)
Replying to: hazmarty (Jun 05, 2008 9:15 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 1587 Re: RX350 AWD in New York [hazmarty] by pooch2 Jun 14, 2008 (3:47 pm)
Replying to: hazmarty (Jun 05, 2008 9:15 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 11:48 am)
#931 of 1587 Reasonable selling price of RX350 in Chicago area by gavrik Jun 18, 2008 (3:49 pm)
Hi,   we are in the process of getting a 36-mo. lease on RX350 w/ Premium Pkg, Heated Seats, Towing Pkg, Cargo Mat and Wheel locks (MSRP $41911). We just went to one place here north of Chicago and the dealer offered cap cost $39200 right off the bat. Residual: 56% and money factor of 0.0016   What is the reasonable counter-offer I can make? I believe invoice price comes out just slightly under $37k.   Also, are there any cash incentives for current Lexus owners ('05 ES330)?   Thanks. Replies to this message: gavrik (Jun 26, 2008 9:26 am) carbuyer48 (Jul 03, 2008 7:20 pm) gavrik (Jul 06, 2008 7:06 pm)
#932 of 1587 Lease Factors in South Florida by drivinggreen Jun 23, 2008 (9:12 am)
I am currently looking to lease a 2008 Lexus 400h AWD for 36 months, 15,000 miles in Broward County, Florida (South Florida). Three questions:   1. The dealership offered me a base price of $41,280. Is this a good price? Kelly Blue Book Value for the car is around $37,500. Can I realistically expect something closer to that for a base price?   2. Their Residual Value is 49% and their Base Money Factor Rate is around .00190. Is this correct, or are they just blowing (lower emission) smoke?   3. I am strongly considering making one lump sum payment to cover the entire lease. Since they will be getting all of their money up front, will this lower the price of the lease by eliminating the interest?   Please advise. Thanks very much.
#933 of 1587 Re: New RX 350 Lease in Southern California [vasco] by travispete Jun 25, 2008 (8:36 am)
Replying to: vasco (May 01, 2008 7:34 am) May I ask what dealership you leased your vehicle from? Thank you.
#934 of 1587 RX400h Lease Deal by sawjai3 Jun 25, 2008 (4:18 pm)
This is what a dealership in N. Cal offered:   MSRP: $51875 My Price: $47863 Down: $1250 Factor: .21 Payment: $755.31 + $62.31 (tax) = $817.62 per month 36 mth lease 52% residual   I had another dealership offer $679 + tax for a nav car 12k 36 mth lease, but hasn't given me the final breakdown on due at signing, residual, and factor. Seems like in this instance I probably would have to put a hefty down payment, which wouldn't make a whole lot of sense. What are your thoughts?
#935 of 1587 Re: Reasonable selling price of RX350 in Chicago area [gavrik] by gavrik Jun 26, 2008 (9:26 am)
Replying to: gavrik (Jun 18, 2008 3:49 pm) After several trips to local Lexus dealerships, we found the exact vehicle we wanted (colors, options, etc) and took the delivery this morning in order to beat the $300 increase which is coming shortly.   My local dealer and I have agreed on the price: around $500 over invoice. I also used my $500 rebate check from Lexus to get the price down. Overall, a pleasant experience. Took about an hour to sign and drive off. Replies to this message: carbuyer48 (Jul 03, 2008 7:20 pm) gavrik (Jul 06, 2008 7:06 pm)
#936 of 1587 Re: Reasonable selling price of RX350 in Chicago area [gavrik] by carbuyer48 Jul 03, 2008 (7:20 pm)
Replying to: gavrik (Jun 26, 2008 9:26 am) Can you please provide the details of your lease and the dealer. We are in the market and need to get the RX350 soon. Replies to this message: gavrik (Jul 06, 2008 7:06 pm)

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