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

2665 messages,  Last post on May 20, 2013 at 12:06 PM

You are in the Lexus RX 300/330/350 Forum.

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

#2504 of 2665 Re: Lexus RX350 Lease [tbone6964] by rickyeee1

Dec 04, 2012 (5:14 pm)

Replying to: tbone6964 (Dec 04, 2012 11:52 am)
which lexus dealer did you get that
was that a 24 month lease

#2505 of 2665 NY/NJ Lease by djeter13

Dec 08, 2012 (8:14 pm)

For those of you in the NY Metro Area, this is the deal i was able to negotiate:
 
MSRP - $49,474
$2,000.00 drive-off
$495.00/mo
36 months/10,000 miles

#2506 of 2665 CA RX350 Lease by highfidelity

Dec 08, 2012 (8:23 pm)

Just leased my fourth RX here in Northern California...
 
MSRP: $50139
Negotiated: $45139
Residual: 58% (36 months, 15k)
MF: 0.0010
$1000 loyalty incentive
$1000 holiday certificates (wasn't expecting these)
1st payment covered
$0 drive-off, sign and drive
$543.23 a month (w/tax) (35 payments remaining)
 
I have seen lower negotiated prices, but I am pretty satisfied with the deal. It is $34 less a month than my previous 2010 RX350 (36 months, 12k miles), with nothing out of pocket and first month covered. They bought the 2010 RX350, for its payoff, which avoided any lease turn-in hassles.
 
Only thing that I was not happy about, was that a disposition fee of $350 was added, which I couldn't get them to remove. Apparently this is something new being required by LFS, started in January 2011 (first I am hearing of it). They did confirm through LFS that the fee is waived if you buy or lease another Lexus, or if the vehicle is purchased.
 
Thanks to Car_Man and those who have posted there deals, it helped me immensely.

#2507 of 2665 Re: CA RX350 Lease [highfidelity] by ans9806

Dec 10, 2012 (4:52 pm)

Replying to: highfidelity (Dec 08, 2012 8:23 pm)
Curious about your negotiated price, because it appears to be below invoice. This was before incentives were added? If so, what justification did you (and others who have also been negotiating) have for offering below invoice? Are there manufacturer to dealer incentives out there? How far below invoice do you suggest going? Thanks to anyone who has info.

#2508 of 2665 Re: CA RX350 Lease [ans9806] by highfidelity

Dec 10, 2012 (5:41 pm)

Replying to: ans9806 (Dec 10, 2012 4:52 pm)
If you look through the history in this thread, most people are getting around $5k off MSRP, in retrospect, perhaps it was the best deal I was gonna do. This was before incentives. As to how I did it, no clue, guess I got the right motivated non-stereotypical salesman. Plus I made it clear up front that I knew exactly what went into determining a lease price and that I had a good idea about what I expected to pay, based on info found on the internet.

#2509 of 2665 2013 RX350 10k 36 month lease by zzooioozz

Dec 11, 2012 (11:57 am)

MF and residual on 2013 RX350 are dead on! .00100 and 61% for 10k m/y With all incentives and rebate and all that, I was offered $580 with 0 down 1st month waived, tax included on MSRP 49750 Nav and HID, Is this a good deal? or I should haggle more?

#2510 of 2665 Re: 2013 RX350 10k 36 month lease [zzooioozz] by kartoon

Dec 11, 2012 (12:12 pm)

Replying to: zzooioozz (Dec 11, 2012 11:57 am)
probably a little haggle room
I found one at 48,135 MSRP
selling price 43440
customer loyalty 1,000
Holiday certificate 1,000
 1st month added in
1,000 drive off
440 before tax 27 months

#2511 of 2665 Re: 2013 RX350 10k 36 month lease [kartoon] by dinoman

Dec 11, 2012 (3:13 pm)

Replying to: kartoon (Dec 11, 2012 12:12 pm)
Can you post the MF and residual. How man miles per year? What dealership? Thanks.

#2512 of 2665 Re: 2013 RX350 10k 36 month lease [kartoon] by zzooioozz

Dec 11, 2012 (3:28 pm)

Replying to: kartoon (Dec 11, 2012 12:12 pm)
wow that's amazing deal and even nice 27month lease, pleas post where you get that quote from

#2513 of 2665 RX350 15k lease residual/mf by dallatex

Dec 11, 2012 (4:15 pm)

Car Man, I've read through all your prior posts, but didn't see the current December residual value for a 15k lease on a 2013 RX350 FWD. I see Highfidelity had a 58% rv, but am not clear if his vehicle is FWD or AWD. Can you post the current lease residual and money factor for a 15k lease on a standard FWD RX350? Thanks.
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