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Lexus RX 330 / RX 350 / RX 400h: Lease Questions

1582 messages, Last post on Dec 03, 2009 at 11:27 AM
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What has anyone heard about when this sale will start and whether and how the lease program for the RX will be improved for this sale? I haven't heard anything definitive from my dealer yet. They "hope" that the sale will start in a week or two, and they "think" that it will be worth the wait. Since the residuals are high and are locked through the end of the year, all they could do is reduce the money factor. There's a lot of room there and so something to hope for.
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Replying to: go_orange (Nov 04, 2009 7:47 am)
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Replying to: audilover18 (Nov 04, 2009 8:25 am) By waiting a few months, I'll end up paying about $80 less per month for a vehicle that now costs more than before (they added an On Star-like system which upped the MSRP by $500 or so). That totals up to nearly 3 grand in savings over the course of the 3-year lease. Not bad.
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Replying to: go_orange (Nov 10, 2009 8:23 am) MSRP: $43,715 Sales Price: $39,547 ($300 below what is said to be dealer invoice) Term: 3 years Miles: 15,000 per year Money Factor: .00220 Residual: 60% bank fee ($700) and sales tax (7.375%) capitalized paying only first month's lease payment and DMV fees up front Monthly Payment: $581.66 Location: Metro NYC Area I found that it is easy to get offers at or about what is said to be dealer invoice, and with a little effort (playing dealers off against one another) they'll go below invoice. It seems at least in the Metro NYC area, the TMV is much lower than the Edmund's TMV (which I believe is a national average). |
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Replying to: go_orange (Nov 11, 2009 10:53 am)
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Replying to: jayrider (Nov 11, 2009 11:13 am) If you can do this, I would recommend it. I do not know what my payment would be without rolling in the tax (approx. $1,500), as paying the tax (or any substantial amount)up front on a lease is not an option that appeals to me. I look at it no differently than making a down payment on a lease. If the car is stolen or totaled the day after you take delivery, to use an extreme example, I believe that you'll be out the $2570 and starting over.
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Replying to: go_orange (Nov 12, 2009 7:42 am)
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Replying to: jayrider (Nov 12, 2009 8:40 am) Thx
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Replying to: locksmith3 (Nov 12, 2009 12:16 pm) Someone from ny should have info. |
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Replying to: go_orange (Nov 11, 2009 10:53 am) |
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Lexus RX 330 / RX 350 / RX 400h: Lease Questions
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