2665 messages,
Last post on May 20, 2013 at 12:06 PM
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Lexus RX 300/330/350 Forum.
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Lexus RX 450h, Lexus RX 350, Car Leasing, SUV
Jan 26, 2013 (11:02 pm)
Hello car man,
I need the residual and money factor for a 12k 36m lease for a 2013 2wd rx350?
Thanks
#2542 of 2665 Re: 2wd ex 350 [davidg73]
by Car_man HOST
Jan 27, 2013 (7:53 am)
Here's the information that you're looking for davidg73.
Lexus Financial Services' January buy rate lease money factor and residual value for a 2013 RX 350 2WD with 12,000 miles per year are .00100 and 59% for consumers who qualify for its Tier 1+ credit tier.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2543 of 2665 Re: 2wd ex 350 [Car_man]
by davidg73
Jan 27, 2013 (12:16 pm)
Thanks! For your time!
#2544 of 2665 Re: Need help with RX 350 F Sport lease [djeter13]
by jack211
Jan 27, 2013 (7:15 pm)
I NEVER FULLY UNDERSTOOD THE LEASE OPTION. SEEMS TO ME LIKE YOU ARE PAYING WAY TOO MUCH. THE FIRST RX I BOUGHT I PAID CASH AND THEN I FIGURE I CAN TRADE FOR 5K PER YEAR. I TRADE EVERY 3 YEARS FOR 15K. DOES THAT MAKE GOOD SENSE?
JACK
#2545 of 2665 New to leasing with Lexus
by togadad
Feb 01, 2013 (7:52 am)
Car Man:
I'm inclined to lease an RX450h ÐÊI have a 2008 BMW 528xi and would like a bigger car but want to do the right thing for the environment. My question: is now (early Feb) a good time to go in and talk about leasing, or are there better opportunities in the near future (like President's Day) when I might get, as they say, "a more attractive lease option?"
Thanks for any advice you can give.
TogaDad
#2546 of 2665 Re: Need help with RX 350 F Sport lease [jack211]
by kyfdx HOST
Feb 02, 2013 (6:47 am)
If you can trade for $5K, every three years, then that is likely cheaper than leasing...
I'd think over a few cycles, that is going to be hard to do.... Of course, if you own it, you can always stretch out to 4 years, which is usually not cost-effective on a lease...
Feb 03, 2013 (7:03 am)
kyfdx/Carman,
Looking to pull the trigger on a lease this week. Can you confirm the residual and money factor on a 36mo lease with 15K/year.
Thank you.
If anyone has recent purchase details, it would be appreciated.
#2548 of 2665 Re: 2013 RX350 AWD [sevenaway]
by soapdish616
Feb 04, 2013 (2:07 pm)
Same here, what are the lease rates for Feb?
We have a 2010 RX 350 FWD coming off lease. Was at $512/month... looking to get similar car (with Navigation) for less... possible?
Also is there a way to get pricing on how much finance rates we could get if we buy out the 2010 RX 350?
Feb 04, 2013 (6:39 pm)
what is a reasonable price to lease rx350 2013 msrp about 49,500 with about 2,000 out of pocket for 1st payment,inception ,bank fee,registration and doc fee ? am turning in rx350 2012 with under 30,000mi 3 months early.
#2550 of 2665 2013 RX 350 AWD quote
by clasys
Feb 06, 2013 (3:39 pm)
I have 2010 RX 350 AWD with 4 months ($535 per month) left to go. Just got a call from Lexus corporate, Loyalty Dept. and they informed me that so-called "Pull ahead" (they called it differently) program is live now and current lessees with less than 6 months remaining are eligible.
I called my sales person, the one I worked with, and he quoted me the following over the phone. Same car as I have, no nav, few new options that weren't available on 2010.
2013 RX 350 AWD
Base features +
- Display audio package
- Heated and ventilated front seats
- Parking assist option
- Premium package with blind spot monitor system
- wood & leather steering wheel & shift knob
- cargo mat, net, wheel locks and key gloves
MSRP $47,300
At first, he said that even if 2013 is few thousands more (47,300 via 45 and change), he will happily match my current lease terms: $1235 due at signing ($700 bank fee + 1st month), 10,000 miles, 36 months, $535 a months NY tax included. He said that he used 60% residual and MF of 0.00100, and those are Feb numbers. They of course will wave all remaining payments on my 2010.
Then, after few minutes of chatter, he offers me this:
33 (???) months lease, 10,000 miles/year, $1235 due at signing ($700 bank fee + 1st month + $6?), 32 remaining payments of $529 (tax included). Lease via Lexus financial, not a 3rd party bank.
I played around with numbers in lease calc, and it looks like in order to get that monthly payment, selling price must be around $42.7K. It looks like a very good deal to me.
What do you guys think? This is first time I'm hearing about 33 months lease... Next time I speak to the guy, I will ask him what exact MF and residual he used for 33 months quote.