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Prices Paid: Buying & Leasing Experiences Lexus RX 350 Prices Paid and Buying Experience
3073 messages, Last post on Nov 22, 2009 at 10:34 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
looking into getting some lease numbers on 2008 RX 350; been in an RX for 2 consecutive 36 month leases which ends in early April. I normally put $0 down and Lexus of New Orleans waived my last security deposit with 15,000 miles......some of the figures I'm reading seem awfully low?? i was quoted $739/month with 0 down, 0 security and 15,000 mile per year?? premium plus package........GOOD or BAD????
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Replying to: flash13 (Mar 25, 2007 1:18 pm) |
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Replying to: billmv (Mar 25, 2007 12:52 pm) I am actually in the S.F. Bay Area as well. I guess that means the "Build you lexus" does acurrately reflect the availability of the "options'. |
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Replying to: flash13 (Mar 25, 2007 1:18 pm) These cars depreciate about $5,000 the first year. Dealers normally offer trade in value, which is usually about 80% of the current retail price. Interest on a $40,000 loan at 7% is $2,800/yr. So, your minimum payment must be at least $7,800/12, or $650. The dealer is making a profit, so add another $100 or so per month. It could be a good deal, but I doubt that the dealer really has the customer as his first concern. The dealers make large margins on late model certifieds that are still in factory warranty. The dealer will take a good used car like yours and likely even sell it at or near the current NEW car price to unsavy prospects who don't do their homework. |
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I live in Los Angeles and just got into a new lease this weekend on a 2008 RX 350 - standard premium package w/ navigation. Invoice: $39,385 MSRP: $44,146 Neg. Price: $39,750 Cap Cost: $39,750 + $595 (bank fee) = $40,345 Res. Value: $25,605 Term: 36 mos Mileage: 12,000/year MF: .00202 Sales tax: 8.25% Payment: $587.44 Also got them to take my Audi, which had 5 payments left on the lease, as a trade-in, so I had no out-of-pocket. |
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Replying to: flash13 (Mar 25, 2007 1:18 pm) thanks |
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I have been searching for a 2007 RX350 used or new w/ Nav, Prem+, black exterior preferred. I am not getting convincing offers in Columbia, SC and I am willing to travel for the right deal. Anyone had much luck with dealerships in SC, GA, or NC? Quotes I have received so far in North & South Carolina (can I do much better?): New 2007 FWD - (black), no nav - $37,988+ New 2008 FWD - (black), nav - $42,111+ Used 2007 FWD - (bamboo), nav, 26k mi - $38,879+ Used 2007 FWD - (white), nav, 6k mi - $40,605+ (demo) Used 2007 AWD - (flint), nav, 7k mi - $41,800+
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Replying to: jpowell612 (Mar 27, 2007 9:21 pm) New 2007 FWD (black/black) with no nav for 34,715 plus doc fee (399)and TT. If you need contact info please email me. |
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Replying to: jpowell612 (Mar 27, 2007 9:21 pm)
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Replying to: sheikh1 (Mar 28, 2007 2:45 pm)  2K under MSRP. I know they are inflating and that my patience will pay off in the end when the right deal is negotiated. I wonder if it will take a couple more months of the 2008 being out for 2007's to drop significantly?
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