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Lexus RX 350 / RX 450h Lease Questions

1592 messages, Last post on Dec 07, 2009 at 11:42 PM
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Let me know your thoughts on these 2 lease deals in NJ. Also, how much higher do you think rates will be after special financing ends on 1/4/10. Thanks Option 1-36 month lease 2010 RX350-Silver Metalic/AWD /10K miles year/MSRP-$43,715 36 month lease-63% residual; money factor(.00220); $550 month payment Includes sales tax; Due at signing-$1,849 includes(first mo payment of $550; bank fee-$700; doc fee $289; Registration $302.50; NJ tire fee-$7.50) Option 2-48 month lease 2010 RX350-Silver Metalic/AWD/10K miles year/MSRP-$43,715 48 month lease-54% residual; money factor(.00220); $530 month payment includes sales tax; Due at signing-$1,829 includes(first mo payment of $530; bank fee-$700; doc fee $289; Registration $302.50; NJ tire fee-$7.50 |
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Replying to: sunpro2003 (Dec 06, 2009 5:51 pm) I really like the amount due at signing you putting down! back in June and July when I was shopping in NJ all 3 Lexus dealers wanted $3000 down and wouldn't budge from that amount! what NJ dealers did you get these prices from, I'm just curious?? My $3000 down quote was from Bridgewater Lexus, Lawrence Lexus, and Ray Catena Lexus down in oakhurst, and the RX350 I looked at was just around the same msrp as your's! |
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Replying to: sunpro2003 (Dec 06, 2009 5:51 pm) |
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Replying to: sunpro2003 (Dec 06, 2009 5:51 pm) I really like you're 36 month lease...base? any options? Did they tell you how much your payment would go up for 12k miles? Thank you. |
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Replying to: fxnsht (Nov 18, 2009 12:02 pm)
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Replying to: sunpro2003 (Dec 06, 2009 5:51 pm) |
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The car, I am looking for is 2010 AWD RX350 W/ NAVI BLK/BLK and here is my target price. Let me know how you guys think about it. MSRP; $47750 Discount; $4750 Cap; $43000 TAX; 8.75% IL Trade in; 08 FX35 31K everything but NAVI $26K trade in Value KBB $26400-$28300, Local Carmax $25200(they always talk about tax benefit if I trade) Pay off; $18700 36 Mo 15K/yr .0022 MF Residual 60% Doc&Title $225(EST.) Bank fee $700 NO MONEY DOWN Est. payment $429.00/MO Looking for about 6-7k cash after deal. How do you guys think? Is it possible? Should I squeeze more? Chicago is tough area to lease a Lexus. Thanks. |
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Replying to: kvalentino (Dec 06, 2009 7:23 pm) Cerulean Blue (wife's choice) i payed the taxes upfront, so the payment now is $500 flat. i got it from Ray Catena on Boston Post Road in NY. nice people (very patient). pretty happy with the deal, since i got it just a tad under the invoice price. PS: Love the car so far |
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I was hoping to get the local Lexus dealership to really get me a good deal on a lease for the 2010 RX350, such as the 8-10% off MSRP others are getting and they laughed in my face. They know Lexus Financial won't approve me for a payment above $600 (the $600 was only because the dealership begged the bank for it!), but they won't budge on the 350 enough. Plus, the money factor is .00280. I asked them about the loyalty .00215 and they said my credit wasn't good enough and the best they could do was not require a co-signer and give me a .00280. If they gave me a better money factor and took some money off the MSRP (why in the hell would I ever pay sticker for a 350?), I could lease it! oh well. |
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