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Prices Paid: Buying & Leasing Experiences Lexus RX 350 Prices Paid and Buying Experience
3058 messages, Last post on Nov 21, 2009 at 6:02 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: lexusking (Sep 13, 2008 6:30 pm) MSRP - $47,396 Sell price - $40,900 Lease 36 months 10K miles/yr Residual - 57% Rolled in all inception fees (Lease fee, motor vehicle etc.) which was about $1100 Used multiple security deposit option (9  $500) to reduce money factor to .00073 Monthly payment - $500 Out of pocket is just first month of $500 and MSD (refundable)
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Replying to: bmkj (Sep 23, 2008 4:07 am)
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Replying to: dealmaker2008 (Sep 15, 2008 10:17 am) You looked at Infiniti FX...They are great vehicles with little jarring ride. If you are like RX's ride then FX will feel like a go-cart to you. Have you considered MDX? You can pickup 08 MDX with tech pkg for ~36K in southern cal...most car like SUV you can buy. The front styling is little polarizing |
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Replying to: bmkj (Sep 23, 2008 4:07 am) |
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Replying to: bmkj (Sep 23, 2008 4:07 am) Thanks much. |
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Replying to: dealmaker2008 (Sep 23, 2008 6:47 am) It is a 36 month lease and gap insurance is included with all Lexus Financial Leases. Also, the multiple security deposit option saved $54 per month for a $4,500 deposit. It's fully refundable and that's a 14.4% rate of return, and I temporarily put it on the free Lexus Pursuits Visa they gave me which gives me cash back and no interest for 60 days.
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Replying to: bmkj (Sep 24, 2008 3:40 am) Does the $40,900 include the $1100 (inception fees, dmv)? Does the $40,900 include the $825 delivery charge? Did you get a Lexus Loyalty ($1000) discount as part of the above? Does the $40,900 include anything else? Thanks.
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Replying to: robrepos12 (Sep 24, 2008 7:03 am) So if you do the math, the adjusted capital cost is approx $42,000 with the fees rolled in and the residual is $27,015 (57% of MSRP $47,396). Depreciation is approx. $416. Reduced money factor of .00073 on $69,015 equals approx $50. Total is $466 plus 7% NJ tax is $500. Hope this helps. Let me know if you have any other questions.
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Replying to: bmkj (Sep 24, 2008 9:14 am) |
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Replying to: bmkj (Sep 24, 2008 9:14 am) Thanks again and enjoy your new ride! |
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