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Lexus RX 350 / RX 450h Lease Questions

2663 messages,  Last post on May 15, 2013 at 8:01 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

Messages Page 267 of 267

#2654 of 2663 Re: msrp 49,915 Selling price 44,415 + 1500 Rebate ($7000 off) [kingsleyl] by cupertino

May 07, 2013 (6:53 pm)

Replying to: kingsleyl (Apr 29, 2013 9:42 pm)
Hi Kingsley;
 
Do you know if they will ship it over to California ?

#2655 of 2663 Re: RX 350 programs [Car_man] by beachlady80

May 08, 2013 (5:22 pm)

Replying to: Car_man (Apr 24, 2013 5:07 pm)
What is the May buy rate lease money factor and residual value for a 36, 39, 48-month lease of a 2013 RX 350 with 15,000 miles per year ?
 
What payments are people getting?

#2656 of 2663 2013 RX350 AWD Lease deal by cupertino

May 09, 2013 (8:21 pm)

Ready to sign, just want to hear from you guys, is this ok ?
 
3 yr / 30K miles Lease deal
 
MSRP 50,675.00
Residual 59%, 29898.25
MF 0.0011 *2400 = 2.64%
Sale price 46135.00
Rebate -1500.00
Final Sale price 44635.00
 
Down 500.00
Monthly Payment 577.82
 
3yr total Payment 20801.52

#2657 of 2663 Re: 2013 RX350 AWD Lease deal [cupertino] by dennisnky

May 10, 2013 (11:24 am)

Replying to: cupertino (May 09, 2013 8:21 pm)
I'm not sure, but I thought the difference between final sale price and that residual is supposed to be used to figure the lease payment.
  
If I'm right, then final sales price minus residual, should be the amount that you are basically financing.
So, 44635-29898 = 14373.
at 2.64% per year, that would be $415.71 per month.
 
If I'm wrong, can someone clarify this for me?

#2658 of 2663 Re: 2013 RX350 AWD Lease deal [dennisnky] by kyfdx HOST

May 10, 2013 (1:59 pm)

Replying to: dennisnky (May 10, 2013 11:24 am)
That difference is the principal amount you are paying... that's depreciation.
 
What's financed? The full CAP cost..
 
So, the finance charges are applied to an average of the CAP cost and residual, not the difference...

#2659 of 2663 Please give a real world example by guruuno

May 10, 2013 (4:01 pm)

Can a real world example be given with all the numbers, so it can be used for a 'template' to assist in shopping and pricing and deciding which dealer to go to, which dealer is playing games, which dealer is sincere and wants business, which dealer can play with numbers to get the real world examples!
It would be extremely helpful if someone (carman?) could use some sort of base guideline with a half a dozen variables to use for examples that are pretty much the standard.
I'd like to lease a new car, but given the reading of these forums, numbers are thrown in, questions are asked, "is this a good deal, is that a good deal, what should I pay, etc., etc.", and no consistency is available.
What should be the expectations? Should I go to 4 different dealers, get my offers, post here, go back, ask, haggle, or find the best possible sweet spot with some sort of base calculator that you can plug the variable into. Much like what the finance guys use, right? Can this be done? Can it be provided? It sure would make a LOT of people very happy!

#2660 of 2663 Re: RX 450h April 2013 Lease Terms [oldgator] by Car_man HOST

May 12, 2013 (3:24 pm)

Replying to: oldgator (May 02, 2013 6:45 am)
You're very welcome oldgator.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2661 of 2663 Re: RX350 FWD May numbers [stanleet] by Car_man HOST

May 12, 2013 (3:27 pm)

Replying to: stanleet (May 04, 2013 6:47 am)
Hi stanleet. It looks like the dealer is trying to mark your money factor up.
 
Lexus Financial Services' May buy rate lease money factor and residual value for a 36-month lease of a 2013 RX 350 FWD with 12,000 miles per year are .00075 and 58% for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2662 of 2663 Re: Different money factor ? [cupertino] by Car_man HOST

May 12, 2013 (3:30 pm)

Replying to: cupertino (May 04, 2013 7:46 am)
Hi cupertino. The buy rate lease money factor for a 2013 RX 350 that is leased through Lexus Financial Services right now by someone who has a good credit score is .00075. Lexus dealers are allowed to and often try to mark this factor up to bake additional back-end profit into deals. Savvy consumers who know what this model's money factor should be are often able to get dealers to use the buy rate to calculate their vehicle's payment. You certainly should try to.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2663 of 2663 Re: Different money factor ? [Car_man] by cupertino

May 15, 2013 (8:01 pm)

Replying to: Car_man (May 12, 2013 3:30 pm)
Car_man,
 
So how are lease monthly payment calculated ?

Messages Page 267 of 267

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