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Prices Paid: Buying & Leasing Experiences Lexus RX 350 Prices Paid and Buying Experience
3020 messages, Last post on Nov 08, 2009 at 3:46 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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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Replying to: slk2350z (Sep 25, 2008 6:18 am) lexusking paid 38,500 which did include the lexus loyalty ($1000) but from his post it looks like it DID NOT include the $825 destination charge on a vehicle with an MSRP of 46,241. I tried to contact him to clarify this (and to find out the name of his salesperson at the VA dealership) but didn't get a response. So if we are comparing apples to apples, with the lexus loyalty, bmkj would have been 39,900 (with destination) against lexusking's 39,325 (with destination). This is a $525 difference in actual cost, but the MSRP differed by $1,155. Also note that lexusking's dealership charged him tax on the $1000 lexus loyalty discount (something that other dealerships don't do), which at 5% VA sales tax would have been another $50, bringing the difference in actual cost to $475 against options of $1,155 included in bmkj's car and not included in lexusking's car. Don't know if either of these two individuals had to pay a 'document' fee or any other type of bogus add-on fee. If so that might change the computation above. Looks to me like bmkj did better. |
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Replying to: robrepos12 (Sep 25, 2008 11:32 am) I hate to write names, email addresses and or phone numbers on forums and can't figure out how to invoke the PM.
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Replying to: lexusking (Sep 26, 2008 6:57 am) 1) hit 'reply' to this message 2) if asked to login, login 3) at Top of the page, click on 'My CarSpace' 4) at right, click on 'Mailbox' 5) at top, click on 'Compose' 6) in 'To' type in robrepos12  carspace.com 7) in body, type in the name of your salesperson and the name of the dealership 8) at bottom (you may have to scroll down), press 'Send Message' Thanks! |
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