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

#2543 of 2665 Re: 2wd ex 350 [Car_man] by davidg73

Jan 27, 2013 (12:16 pm)

Replying to: Car_man (Jan 27, 2013 7:53 am)
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)

Replying to: djeter13 (Nov 30, 2012 6:25 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)

Replying to: jack211 (Jan 27, 2013 7:15 pm)
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...

#2547 of 2665 2013 RX350 AWD by sevenaway

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)

Replying to: sevenaway (Feb 03, 2013 7:03 am)
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?

#2549 of 2665 lease rx350 by carnal1

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.

#2551 of 2665 rx350 lease by carnal1

Feb 06, 2013 (7:32 pm)

here's what i got---2013 rxx350 all pkgs-premium,comfort, navigation at 380-36mos. at $580 a month 3mos left on old lease which they wii pay,$ 2000 out of pocket including 1st mo payment of $580 . what do you think?

#2552 of 2665 Re: 2013 RX 350 AWD quote [clasys] by NRI

Feb 07, 2013 (7:03 am)

Replying to: clasys (Feb 06, 2013 3:39 pm)
I think you may have little room for negotiation. Similar configuration in Maryland, I got for little less than 42k .
 
GOOD LUCK
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