Last post on Dec 08, 2013 at 11:14 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Lexus RX 350, Car Buying, SUV
#5853 of 5862 2014 December Numbers
Dec 06, 2013 (9:27 am)
Do you have the December residuals and money factors for the following Lexus:
2014 RX350 (base model)
15k miles per year; 27 and 36 months please!
Thank you very much!
#5854 of 5862 Re: 2014 December Numbers [flagrl]
Dec 06, 2013 (1:26 pm)
I really like this blog. But it never ceases to amaze me. The same questions are asked over and over. Everyone want to know the residual and money factor for a lease. Nothing wrong with that. But----with all the factory leases offered--why would anyone think they can get a better lease using those numbers. Quite simply---- you can't. Factory offered"backed" leases are the cheapest and best lease your going to get. Your only fall out will be if you don't have the FICA score for those great lease rates. But then--- you would be worse off trying to get that lease using residual and money factor numbers. Bottom line is---- if you have excellent credit you will get a great factory offered lease on just about any auto. If you don't----- then you can expect to pay the going rate based on poorer numbers. That's the way it is and that is how it all works.
#5855 of 5862 Re: 2014 December Numbers [snowman22]
Dec 06, 2013 (1:58 pm)
I am glad I cease to amaze you, but you are not correct. All you do on here is complain and harass other users who are looking for help in making a lease or purchasing decision. Now you are targeting me for asking for #'s from kyfdx, seriously?
I know exactly how to lease a car this will be my 4th lease and you are not correct with the "factory based lease" deals for many reasons. I do sign and drive deals, and the "factory deals" typically require money upfront. I also need more than 10k miles per year and don't want the time frame they are offering. I always walk out with a better deal then the advertised "factory deals" and I have top tier credit.
So, to be a smart and savvy shopper, I do need to know the current residuals and money factors, as I still negotiate on the price of the car.
I am sorry my questions to KYFDX bother you so much to have to post on this.
#5856 of 5862 2014 RX 350 lease
Dec 07, 2013 (5:09 am)
Can someone evaluate my lease and tell me where I might have done better. This is my first leasing experience:
2014 AWD RX350 With Nav. 27 Months 10K per year:
Cap Buydown: $2799
Adjusted Cap: $43,971
Monthly Payment of $410 before taxes and my trade
#5857 of 5862 Re: 2014 December Numbers [flagrl]
Dec 07, 2013 (6:11 am)
Can't amaze everyone. First off this is not to harass. Sorry you feel your point is the only point. Also sorry that what you state is nothing more than someone trying to sound like he know's what he is doing. What might you think a sign and drive is- it's a factory backed lease my man. And wow you have had four lease deals-- wow again. Plus-- you can negotiate any and all aspects of the factory lease.mileage,months etc.this holds true on any lease-- factory or otherwise.Your post clearly shows you are not proficient
In putting together any type of auto lease other than what you think is correct. Sorry--- you are over your head in this area and it shows in your statements.Remember-- a dealer has guidelines to follow. Those are set by the manufacturer. Any deal you get is within those lines.Those areas can change and offer better deals in a blink.All predicated on model sales. More popular models= fewer great deals. Slower sellers=some great deals. All backed by factory leases within guidelines. Once again-- you will never do better. Even if your the owners kid.
#5858 of 5862 Re: 2014 December Numbers [snowman22]
by kyfdx@Edmunds HOST
Dec 07, 2013 (7:03 am)
1) Factory lease? You mean a lease through the captive finance arm of Lexus, Lexus financial Services? LFS numbers are the only ones I give.
2) Can't do better? The advertised lease leaves a lot of profit for the dealer. If you want to go in and say, "Give me the advertised lease", the dealer will be very, very happy. Knowing the actual money factor and residual allows the prospective lessee know where he can negotiate a better deal.
3) Knowledge is power, when it comes to negotiating.. Knowing your numbers can get you a much better deal than the next guy. There really is no such think as a "factory lease". LFS sets the money factor and the residual, but they don't control the selling price... That's between the buyer and the dealer.. and, that makes a big difference in the lease price. Also, many, many Lexus dealers mark up the money factor for extra profit.. That can easily add $50/month to a lease price.. If you don't know the numbers, you won't know they are doing it..
Edmunds forum members come here to get knowledge to help them get the best deal. Unless you are a car dealer, that's a good thing.. Also, most are here to get good advice.
#5859 of 5862 Re: 2014 December Numbers [kyfdx@Edmunds]
Dec 07, 2013 (9:24 am)
OMG---- what color is the sky in your world----
No reason to butt heads with you.Your only going to believe what you want---and--- that's ok.Just keep going down your primrose path.
#5860 of 5862 rx 350 2009 vs 2010
Dec 07, 2013 (3:07 pm)
I am a greenie to SUV. I wanna purchase a pre owned lexus rx 350. I am thinking about 2009 vs 2010. Which one i should get?
#5861 of 5862 Re: rx 350 2009 vs 2010 [jmazguy]
Dec 08, 2013 (4:55 am)
Total redesign for 2010. Get the 2010. It is wider has larger wheels,bigger brakes,six speed transmission"better gas mpg",keyless ignition,more air bags. Need I say more. 2010 is almost the sameas the new 2013-14 RX. Slight difference in sheet metal-- front end---also hidden rear wiper. Makes for nice clean lines. And did I say looks almost the same as the 2013-14. It's a no lose buy of the 2010.
If your in snowman town-- get all wheel drive.
#5862 of 5862 Leasing
Dec 08, 2013 (11:14 am)
I have NEVER leased using the "factory sponsored" leases. They are absolutely the worst deal for the consumer. If you are knowledgeable about leasing and time your lease properly, you can get a great lease and save a considerable amount of money.