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2015 Lexus RX 350 Lease Questions (MSRP, price, fees, state?)

chinkapschinkaps Posts: 4
edited July 26 in Lexus

Hello,

I am looking at RX 350 with MSRP of $50K and am getting a lease deal for 27 months with 12K miles/year for $545 per month with 70% residual value.

Please let me know if the above is a good deal?

Thanks!

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Comments

  • kyfdxkyfdx Posts: 29,156

    I'm sorry, but we don't have any 2015 model information.

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  • petrock1petrock1 Posts: 1
    edited May 14

    If it's any help, I was just quoted $586 (incl. ttl) on a $46k MSRP, 36mos, 15k miles/yr. 2015 RX350 FWD.

  • ezericsezerics Posts: 21

    Have you guys gotten any information about the 2015 models... I have been trying to lease a 2014 rx but am finding they are not available in the configuration I want and am left with the 2015s. I think I've negotiated a good purchase price but I wish there was some way to confirm the current offers and incentives... dealers are telling me there is only a $500 "rebate" on this model and no loyalty cash and no first month's payment included. Just wondering if this is accurate.
    Thanks.

    Also, does anyone have any experience extending a LFS lease? I prefer a 36 month term but I was told that a 33 month would result in some savings and then I could simply extend the lease for 6 months by calling LFS. Is that accurate? Is that a policy that is in writing somewhere with Lexus? If its not in writing then I think I will just go with 36 which I feel most comfortable with.

    Thanks.

  • kyfdxkyfdx Posts: 29,156

    @ezerics said: Have you guys gotten any information about the 2015 models... I have been trying to lease a 2014 rx but am finding they are not available in the configuration I want and am left with the 2015s. I think I've negotiated a good purchase price but I wish there was some way to confirm the current offers and incentives... dealers are telling me there is only a $500 "rebate" on this model and no loyalty cash and no first month's payment included. Just wondering if this is accurate.
    Thanks.

    Also, does anyone have any experience extending a LFS lease? I prefer a 36 month term but I was told that a 33 month would result in some savings and then I could simply extend the lease for 6 months by calling LFS. Is that accurate? Is that a policy that is in writing somewhere with Lexus? If its not in writing then I think I will just go with 36 which I feel most comfortable with.

    Thanks.

    Don't have a lot of info on the 2015 model, but I have seen .00120 MF mentioned...and the $500 lease cash.

    I don't have the answer about extending your lease with LFS. BMWFS will allow you to do that, provided you have another BMW on order. I would assume Lexus is the same way..

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    Prices Paid, Lease Questions, SUVs

  • ma1n3ventma1n3vent Posts: 3
    edited May 18
    Just leased a 2015 rx350 F Sport... Going off estimates here (what I remember)

    MSRP: 52,614
    Sale price: 48,100
    MF: .00017
    Residual: 60%
    15k miles 36 month lease

    500 reduction offer

    6 month extension offer through lexus if necessary

    690 payment

    What do you guys think? First lexus. Did ok ?
  • ezericsezerics Posts: 21

    @kyfdx‌ Thanks for your help!

  • ezericsezerics Posts: 21
    edited May 21

    I'm about to pull the trigger on a 15' RX 350, prem +BSM, comfort, nav, and remote start (MSRP 50 753). So far I have a cap cost of 46400 which I calculate is 1555 below invoice and a $500 rebate as a cap cost reduction which results in a 493 monthly payment. Does anyone think I can do better? More importantly, does this sound right? Is it possible to get an even better deal- not sure how much lower I can push this.

    Is there any way to know if any other incentives will become available toward the end of the month or for memorial day weekend?

    Finally, one dealer has offered to include my first months payment. How is this factored into the lease? Will I end up paying for it somehow? I want to make sure I know in advance so it is not surreptitiously added to the cap cost or something like that. How does that typically work?

    Thanks.

  • gsinghingsinghin Posts: 3
    edited May 22

    Hi everyone, I'm currently in the market for a 2015 RX350. I was quotes the following today, what do you think:

    2015 RX 350 AWD - fully loaded with NAV, MSRP:52,000, Final INCLUDING tax: $48,xxx (4.5% VA), Res: .61, 36 months lease term, Miles per year: 15k, Money Down: $1,000.00, Monthly payment: $610 a month.

    Is this a good deal? I see a lot of people post on this forum, but I'm not sure if people are including tax. Looking forward to everyone's input.

  • dbc12dbc12 Posts: 3

    Does anyone know the residual on a 2015 RX350 FWD 12K miles/yr, 36 months? Thanks.

  • kyfdxkyfdx Posts: 29,156

    @dbc12 said: Does anyone know the residual on a 2015 RX350 FWD 12K miles/yr, 36 months? Thanks.

    .00120 MF and 60% residual. $500 lease cash.

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  • tonym6tonym6 Posts: 4

    I was using above numbers and edmund calculator shows 640/mo (I think I am not calculating it right) while I was offered 539/mo with 0 drive off, including CA tax. Is it good?

  • tonym6tonym6 Posts: 4

    Vehicle MSRP is 48,900

  • kyfdxkyfdx Posts: 29,156

    @tonym6 said: I was using above numbers and edmund calculator shows 640/mo (I think I am not calculating it right) while I was offered 539/mo with 0 drive off, including CA tax. Is it good?

    What selling price are you using to calculate the lease?

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  • kzevokzevo Posts: 13
    edited June 18

    Can I please get MF and Residual for 2015 RX AWD with navigation with additional options (MSRP approx. 50,479) for 27 and 36 months 15K/year. Also any incentives. thank you

  • MichaellMichaell ColoradoPosts: 5,579

    @kzevo said: Can I please get MF and Residual for 2015 RX AWD with navigation with additional options (MSRP approx. 50,479) for 27 and 36 months 15K/year. Also any incentives. thank you

    66% for 27 mo and 58% for 36 mo. .00120 MF and $500 lease cash.

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  • kzevokzevo Posts: 13
  • cricfan777cricfan777 Posts: 20
    edited June 18

    Can I please get the MF and RV for2015 Lexus RX 350 AWD with navigation, parking assit MSRP 51,923, 15K miles/year. This dealer is in Michigan. I'm being offered $550 down including first month's payment and $620 for 36 months or $605 for 42 months. Instead of paying $1550 which inc acquisition fees and first month's payment, they are giving me a $1,000 incentive to pay my previous non lexus/non toyota car lease which ends in 2 months.So Ill pay $620 for rest of 35 months or $605 for 41 months. Is this a good deal?

  • MichaellMichaell ColoradoPosts: 5,579

    @cricfan777 said: Can I please get the MF and RV for2015 Lexus RX 350 AWD with navigation, parking assit MSRP 51,923, 15K miles/year. This dealer is in Michigan. I'm being offered $550 down including first month's payment and $620 for 36 months or $605 for 42 months. Instead of paying $1550 which inc acquisition fees and first month's payment, they are giving me a $1,000 incentive to pay my Ford Escort lease which ends in 2 months.So Ill pay $620 for rest of 35 months or $605 for 41 months. Is this a good deal?

    .00120 and 58%.

    I can model a payment for you if you provide the negotiated selling price.

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  • cricfan777cricfan777 Posts: 20

    @Michaell said: I can model a payment for you if you provide the negotiated selling price.

    MSRP:49,254 Net cost: 46100 RV 55% (27100) for 15k/42 months $600/month. $510 first month 6% taxes Is that a good deal?

  • MichaellMichaell ColoradoPosts: 5,579

    @cricfan777 said: MSRP:49,254 Net cost: 46100 RV 55% (27100) for 15k/42 months $600/month. $510 first month 6% Is that a good deal?

    When I plug in your numbers with 55% residual and .00120 MF, I get a pre-tax payment of $540.05 - with 6% tax, the payment rises to $572.88.

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  • kzevokzevo Posts: 13
    edited June 21

    @Michaell said:

    Michaell can you please let me know if the Residual on 2015 changed? My friend just leased his RX in NJ 15K miles 27month lease with a 71% residual. The MF is the same.

  • MichaellMichaell ColoradoPosts: 5,579

    @kzevo said: Michaell can you please let me know if the Residual on 2015 changed? My friend just leased his RX in NJ 15K miles 27month lease with a 71% residual. The MF is the same.

    I don't have any residual information for the 2015's at this time.

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  • tlb5tlb5 Posts: 35

    Hey guys - looks like i have a SLIGHT variation on the previous requests - i'm pretty sure i didn't see an exact match:

    looking for residual and MF for 2015 Rx350 AWD 36 month, 12k miles/yr

    also, I'm a current lexus lessee - is there still only $500 total lease cash available?

    thanks in advance for your help!

  • tlb5tlb5 Posts: 35

    ohh, sorry quick follow-on question - i haven't seen this posted yet - what's the current bank fee from LFS?

  • MichaellMichaell ColoradoPosts: 5,579

    @tlb5 said: Hey guys - looks like i have a SLIGHT variation on the previous requests - i'm pretty sure i didn't see an exact match:

    looking for residual and MF for 2015 Rx350 AWD 36 month, 12k miles/yr

    also, I'm a current lexus lessee - is there still only $500 total lease cash available?

    thanks in advance for your help!

    $500 lease cash and .00120 MF for 2015 RX350.

    I don't have any residual information on the 2015's just yet.

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  • alchemist01alchemist01 Posts: 4

    I have an offer for $45,300 on a Lexus RX AWD with an MSRP of $50,254. Includes Nav, comfort and premium packages. Haven't discussed leasing with the dealer yet but I'm leaning towards it. Can someone please help me out with MF and residual? It would be for 27 months, 10k/year. They are asking $3499 down but I'm going to try to get no down. Also, does $45,300 sound good like a good price? I'll probably end up buying it at the end of the lease.

  • MichaellMichaell ColoradoPosts: 5,579

    @alchemist01 said: I have an offer for $45,300 on a Lexus RX AWD with an MSRP of $50,254. Includes Nav, comfort and premium packages. Haven't discussed leasing with the dealer yet but I'm leaning towards it. Can someone please help me out with MF and residual? It would be for 27 months, 10k/year. They are asking $3499 down but I'm going to try to get no down. Also, does $45,300 sound good like a good price? I'll probably end up buying it at the end of the lease.

    What state is this in? Lexus has regional numbers for MF.

    Residual for 27/10 is 69%.

    I'm not in the market for a luxury SUV, so I can't comment on the strength of the negotiated selling price. You can use the pricing tools at the top of the page to help.

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  • alchemist01alchemist01 Posts: 4
    edited June 25

    Thank you, Michaell. I appreciate you calculating this. I am talking to two dealers currently- one in NJ and one in Pa. I'll be registering the car in virginia though.

    Invoice on the car is $46,750 according to TMV pricing tool.

  • MichaellMichaell ColoradoPosts: 5,579

    @alchemist01 said: Thank you, Mitch. I appreciate you calculating this. I am talking to two dealers currently- one in NJ and one in Pa. I'll be registering the car in virginia though.

    Invoice on the car is $46,750 according to TMV pricing tool.

    MF looks to be .00120 this month. With the base MF and residual of 69% and your MSRP and selling price, I calculate a pre-tax payment of $489.48/mo for 27 months.

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  • alchemist01alchemist01 Posts: 4

    Would it be $489.48 if I put no down and had it dispersed onto my monthly payments or if I put down the $3499?

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