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Lexus RX 350 Prices Paid and Buying Experience

3122 messages,  Last post on Dec 03, 2009 at 5:13 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Lexus RX 350, Car Buying, SUV


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#629 of 3122
Looking for a 2007 AWD premium + navi by ccacp
Apr 27, 2007 (4:45 pm)
Reply

Replying to: lkirby1 (Apr 27, 2007 11:38 am)

Anyone could help me locating a premium plus with navi with AWD ? What is the status of inventory in different states.
  
I am flexible with regards to dealership location.
 
Thanks in advance for the help !
#630 of 3122
Re: 2008 RX350 Basic package... OTD price? [theprofessor3] by smiley6
May 08, 2007 (6:07 am)
Reply

Replying to: theprofessor3 (Apr 26, 2007 8:03 pm)

Good morning.
 
I am leasing a 2008 Lexus RX 350 FWD with the
navigation system,
premium plus package,
tow hitch receiver,
all weather mats,
all windows tinted,
full size spare tire,
1 year of AAA for lexus.
 
for $43,500.00. Interest rate at 4.68 %. Money factor of .003. This is with $3300.00 down and $12000.00 for trade in at 48 months.
Monthly payment of $250.00.
Oh yeah this is out the door with everything included.
Is this a good deal?
#631 of 3122
Re: 2008 RX350 Basic package... OTD price? [smiley6] by kyfdx HOST
May 08, 2007 (6:32 am)
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Replying to: smiley6 (May 08, 2007 6:07 am)

1) A money factor of .003 equates to an approximate APR of 7.2%, not 4.68%.
 
2) You really shouldn't put all of that money upfront on a lease. $15,300? If your car was stolen or totaled in an accident, all that money is at risk. That would be one heck of an expensive lease, if you lost the car in the first year.
 
I don't know the true leasing paramaters for the Lexus RX. Your total amount doesn't seem too bad, but the way you have it structured is not good at all.
 
Check with Car_man in the Lease Questions forum.
 
regards,
kyfdx
#632 of 3122
Re: 2008 RX350 Basic package... OTD price? [kyfdx] by smiley6
May 08, 2007 (9:16 am)
Reply

Replying to: kyfdx (May 08, 2007 6:32 am)

This is what the dealership told me. This is my first lease. The reason I put down that much is because I am using the multiple security deposit where I will put down a few thousand on the initial deposit then use the remaining money I put down on the multiple security deposit which is refundable. I know Lexus is making out on this deal but I am getting exactly what I want. The main reason to put down so much is to get the deposits back at the end of the lease.
#633 of 3122
Re: 2008 RX350 Basic package... OTD price? [smiley6] by kyfdx HOST
May 08, 2007 (11:14 am)
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Replying to: smiley6 (May 08, 2007 9:16 am)

How much of it is for the multiple deposits?
#634 of 3122
Package Invoice Price by calred34
May 09, 2007 (8:52 am)
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Thanks to all the valuable and informative information I've read on this forum I'm now trying to put together an 'offer' for a 2008 RX350 AWD - Lease for 36 months. I'm in the Washington DC area. The dealer I'm currently working with has basically said they have three models available and on-site. Others will require special ordering. A base model, one with Premium Plus and NAV and one Premium Plus without NAV. I've decided I want the Premium Plus with NAV. The MSRP they're quoting me is 45,706. This matches when you go to the lexus.com site and select the Premium Plus Package - Luxury Value Edition with Additional Options with an MSRP of 6,191. I believe I should qualify for the top tier .000195 Money Factor (if that is what it is right now). For a lease of 36 months they are showing a residual value of 26,509 which works out to the 58% that I have been seeing. I'm now trying to negotiate the Selling Price. I understand the Invoice price of the Base Model is 34,338. Does anyone have the Invoice price for the above "Package". When I try to use KBB and Edmunds to match the 45,706 they are listing, I'm getting a different figure because on those sites you select the options individually as opposed to the "package". I'm hoping to put together a fair offer to include some profit to the dealer, and I'd really like to have that 'package' invoice price to work with. I will then be adding in the Destination Fee and other miscellaneous accessories. Any and all help will be greatly appreciated. I'm hoping to become a first time (and long term) Lexus owner! P.S. Am posting on a couple of forums.
#635 of 3122
Re: Package Invoice Price [calred34] by ccacp
May 09, 2007 (9:04 am)
Reply

Replying to: calred34 (May 09, 2007 8:52 am)

From costcoauto.com
Invoice* MSRP*
Base $34,338.00 $38,800.00
Options $5,571.00 $6,190.00
Destination $715.00 $715.00
Total $40,624.00 $45,705.00
#636 of 3122
Re: Package Invoice Price [ccacp] by calred34
May 09, 2007 (1:35 pm)
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Replying to: ccacp (May 09, 2007 9:04 am)

Thanks a bunch CCACP! That was a site I didn't think about with the information I needed! Now that I have my knowledge let's hope I can succeed in the next step
 
#637 of 3122
Re: Package Invoice Price [ccacp] by smiley6
May 09, 2007 (1:39 pm)
Reply

Replying to: ccacp (May 09, 2007 9:04 am)

Is this a good price?
 
2008 Lexus RX 350 FWD with the
navigation system,
premium plus package,
tow hitch receiver,
all weather mats,
all windows tinted,
full size spare tire,
  
for $43,500.00 - taxes, destination and dealer fees included.
#638 of 3122
Re: Package Invoice Price [smiley6] by eichergm
May 12, 2007 (9:35 pm)
Reply

Replying to: smiley6 (May 09, 2007 1:39 pm)

Bought my 2008 RX350 in Orange County today (Mission Viejo)
 
2008 Lexus RX350 AWD
Navigation system
No Mark L. or entertainment
$5000 drive off
36 month lease
15K miles / year
Monthly Payment $408 plus tax for a total of $439 / month
 
The sales price was abour 6k off sticker and approx. 3k under invoice.

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