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Lexus RX 350 / RX 450h Lease Questions

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

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#947 of 1587
2009 RX350 AWD Lease Deal (No Navi) by giacomo68
Aug 19, 2008 (6:15 pm)
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Just was presented with the following:
 
2009 RX350 ($39,100)
Premium Plus Package ($3,490)
Delivery Fee: $825
MSRP: 43,415
Sell Price: $40,015
Residual: 56% ($24,139)
MF: .0016
12K / 36 months
$0 money down
 
Payment: $587 (includes 9% PA tax). ($539 without tax)
First months payment, lease fee / registration: $1370
 
What do you guys think? I ran the numbers and if I put $2500 down it would drop the payment to $513, I would rather not put that money down upfront.
 
Thanks,
 
Jack
#948 of 1587
2009 RX350 AWD with Navigation by dglozman
Aug 21, 2008 (11:27 am)
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Car man, could you please provide a lease information for 2009 RX350 AWD with Navi for 24-36 mo, 8K-10K miles.
 
Appreciate your help!
#949 of 1587
2009 RX350 AWD with Navi by dglozman
Aug 22, 2008 (7:56 am)
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Got an offer for 2009 RX350 AWD with Navi and heated seats, 3 years, 10,000 miles a year - $555 a month including NJ taxes ($1,358). Up front cost is $1,625 (first payment $555,Doc fee $199, Bank Fee $600 and motor vehicle around $300). Dealer claims that it is only $100 above invoice.
 
I think this deal is fair.
 
Suggestions?
 
Thanks!
#950 of 1587
Re: 2009 RX350 AWD with Navi [dglozman] by giacomo68
Aug 22, 2008 (10:35 am)
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Replying to: dglozman (Aug 22, 2008 7:56 am)

Dmitry,
 
Looks like a good deal. See my post I have a 2009 RX no nav. My payment is $592 but I had to roll some money from my trade into the deal. Original was $572 with 9% PA sales tax included. Your deal looks good to me, maybe you can cut down the upfront costs by a couple hundred.
 
I wish I could go back and work my deal a bit better. what are the specifics of the deal? MSRP / Sell Price / Residual Etc.
#951 of 1587
Lexus of Wilmington by snav
Aug 22, 2008 (10:41 am)
Reply
2009 Lexus RX350 AWD Black on Black
PP+/Navigation/Liquid Graphite/Heated seats/Rain sensor wipers/Towing
MSRP: $46,241
 
12,000 miles/36 months
$609/month, $0 up front
 
Based on 56% RF, 0.0015 MF
Includes all taxes, tags, and title fees.
#952 of 1587
Re: 2009 RX350 AWD with Navi [giacomo68] by dglozman
Aug 22, 2008 (11:43 am)
Reply

Replying to: giacomo68 (Aug 22, 2008 10:35 am)

Unfortunately the dealer did not provided that information, but I assume that MSRP is $46,065.00, since based on Lexus website, there are only two combinations available for my area - one with navigation and one without (I assume that this is premium plus and heated seats). Dealer confirmed that. He said that AWD comes to NJ only with two configurations. Everything else is the special order.
 
BTW the quote that I got was his response on the quote request that I sent using Edmunds. I did not even try to negotiate.
#953 of 1587
Re: Lexus of Wilmington [snav] by giacomo68
Aug 22, 2008 (1:25 pm)
Reply

Replying to: snav (Aug 22, 2008 10:41 am)

Looks like Lexus of Chester Springs got me for a few bucks more than I should have spent. I had a trade though, so some of that was absorbed. So did you roll everything into the payment (drive off costs)?
 
Thats a good deal, especially since I dont have Nav and am paying 587.
#954 of 1587
2009 RX 350 AWD 3 year lease by car99
Aug 27, 2008 (9:06 am)
Reply
This is what a dealership in Bergen County, NJ offered:
  
MSRP: $43,331
 premium plus package
 no nav
Down: $0
M Factor: .00145
Payment: $500 including NJ 7% tax
36 mth lease 12k miles/yr
56% residual
inception fees + 1st mo approx 1500, paid at closing
 
Any thoughts?
#955 of 1587
Re: Lexus of Wilmington [giacomo68] by snav
Aug 27, 2008 (5:41 pm)
Reply

Replying to: giacomo68 (Aug 22, 2008 1:25 pm)

All drive off costs, taxes, tags, fees were factored into the monthly payment of $609. $587 is a bit steep, especially with no nav and a trade-in. Someone in the other thread mentioned that they got a car with MSRP $45,000 leased off of a $38,500 acquisition, which is the best I've seen yet.
#956 of 1587
Re: 2009 RX 350 AWD 3 year lease [car99] by snav
Aug 27, 2008 (5:43 pm)
Reply

Replying to: car99 (Aug 27, 2008 9:06 am)

car99 - what was the sell price that the lease was calculated off of? It looks a bit high if you ask me. I've seen $485 - but that's still a pretty decent deal.

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