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Prices Paid: Buying & Leasing Experiences Lexus RX 350 / RX 450h Lease Questions
1588 messages, Last post on Dec 07, 2009 at 7:30 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: jossw (Sep 30, 2008 4:33 am) Thanks.
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Replying to: socalcpa (Oct 01, 2008 4:06 pm) |
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Replying to: jossw (Sep 30, 2008 4:33 am) |
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Replying to: car99 (Aug 27, 2008 9:06 am)
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Replying to: jaodowd (Oct 10, 2008 3:41 pm) My office became a virtual war room. I had newspapers strewn all over the floor, quotes written everywhere, my cell phone was smoking from overuse. I was in car buying hell! By the time I emerged soaked in sweat, I had my best deal. Longo Lexus paid for tax, title, registration and gave me $0 driveoff. I just paid $499 (including tax) for a $44,401 vehicle. 3 years, 36K miles. I lost 6 pounds, almost got fired from my job, and spent the next two days in bed.
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Replying to: jossw (Oct 10, 2008 6:53 pm) A great deal, too! |
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Hello all - I just wanted to share the deal that I did today. 2009 RX350 FWD with Nav. and Luxury Value Edition, MSRP 44056, 36 mo, 30 k miles for 450/mo with MSD and out of pocket of 900. Thanks for everyone that shared their deals. It has been of a lot of help for me in negotiating with the dealers. The dealership was Newport Lexus - excellent people - very, very easy to work with and ask for Philip. Thanks. 
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Tried to post a new thread but maybe since I am newbie I am not allowed? Anyone know what Lexus VIP Status is. Is this something with Lexus or maybe a program for specific dealers? Anyhow insight on creating a new thread would be helpful as well. |
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RX350 FWD NAV PPP 7 spoke LG wheels MSRP - $44026 Sold - $38700 56% residual 3.7% money factor bank/acquisition fee = $700 doc fee = $45 Title/reg/lic = $324 12K miles/yr 36 mo lease I feel like I got "killed" by the fees. As for the money factor, that was the current promotion so i couldn't go any lower.....Did I get raked over the coals???? Truth is though...i love the car. It's so sweet.
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Have gotten mine yesterday at Lexus of Rockville, MD. Here it is: Advertisement was 2008 Lexus PX350**** $ 399 per for 36 Month Lease = 14364 All leases are 10,000 miles per year and require the following at lease inception: 1st payment, applicable state & local taxes and tag fees, dealer processing fee of $349, down payment $3495 on the PX350, $700 acquisition fee PX350 AWD MSRP $43,591 ------------------ 1st negotiated a price for 39800. Then the complicated part started. Since I've come in FULLY prepared w/ all numbers it was well over the salesperson's head and I've dealt with the Gen.Sales mgr. He offere MF which translated to 5.52%APR which I immediately declined. After some haggling MF of 0.0013 (3.12% APR) was given.Oh, my FICA is 791. I've used a VERY interesting option (if you have some extra cash and don't mind to lock it for 3 yr at a rate of return of 15%/yr ) and added a multiple security deposit of 9 monthly payment - $3375 which brought my MF down to .00058 i.e. 1.392 % APR. So, my monthly payment is 353.19. Residual is 23975. I've paid taxes on a selling price (unfortunately, that's how it's in MD, I've had the dealer to show me the official state docs on it just to make sure), 1st month payment, title/tags, 3495 downpay, 700 acquisition fee, NO dealer fee and 3375 refundable security deposit. I also redemed $1679 I've accumulated using Lexus VISA AND $750 gift certificate from Lexus for attending their driving event this summer. Since there is a promotion for Lexus Visa until 10/31 I'm receiving another $500 towards my next (in 3 years) Lexus + by paying $5000 of "drive away" amount with, again, Lexus Visa there is another $250 for me Everything w/ paperwork has taken 5.5 hrs. I think time was well spent.
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