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# 2013 and earlier Lexus RX 350 / RX 450h Lease Questions

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1Invoice of car (Is it $34,338?)

Money Factor

Bank Fee (aquisition fee)

Return fee?

Any training fees?

MACO fees?

residuals for 3 and 4 year lease?

Any help would be much appreciated. Thanks in Advance!

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0 · Like LOL2Is this a good offer?

2007 RX350 AWD w/ NAV

MSRP $45683

Sell price $40450

MF .00185

Residual 58%

12K lease/36mons

Monthly $501.75

Tax upfront(7%) $1320.06

Due at signing: $2898.51

The Money Factor from LFS on this board is .00175, but the dealer is quoting .00185 for LFS. The numbers don't add up when I plug into my lease calculator. $501.75 sounds too low.

I'll be heading into the lion's den tonight so if anyone has any advice, please post ASAP.

Thanks.

-mxv2003

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0 · Like LOL2MSRP $45683

Base Cap $40353

MF .00175

Residual %58

12K/36Mo

Monthly $501.75

Due at Signing $2898 (includes tax,1st mon, Bank fee(I know), MV fees.

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0 · Like LOL11My local Lexus dealer gave me the following figures for a 2007 RX350 FWD, premium plus, navigation, heated seats, 18-inch tires:

MSRP: $44,306

Sell Price: $42,100 +TTL = $45,030

36 month/12K lease

Monthly choices: $780 with $0 down, 1st month due at signing; or $699 with $2641 down plus 1st month's payment

No other details were given (MF, residual). This seems way off from the other lease offers I am seeing here.

Can someone help me figure out what is going on with this deal??

Thanks!

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0 · Like LOL2the formula is pretty simple

Take the sell price + residual factor ( in your case 58% of the MSRP) then times that by the money factor .00175 if you have Tier 1+ credit (about a 730 or higher) if you have Tier 1 then you use a money factor of .00185.

Ok, you take that number then

take the sell price minus the residual factor divided by 36

add the two numbers together and then you have your lease basic cost.

If you say put 2500 down, you are basically subtracted from sell price. so if it was 42,000 for example, now you put in 39,500.

So, the sale price will dictate a lot.

it took me 5 or 6 dealers to finally get a price that I liked.

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0 · Like LOL11Am I doing something wrong with the math? I come up with about $571 as a monthly payment with $0 down (based on the figures given) rather than $780 using Tier 1+ credit.

If I am figuring it right, my Lexus dealer would seem to be making a nice profit on such a deal.

Thanks again!

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0 · Like LOL4MSRP: 44,125

3Yr/15K

Residual: 57%

MF: 1.2% (I didn't understand what this meant)

Went to the dealership, found the car, and tried to negotiate with the dealer, but he said he would not negotiate the purchase price of a leased vehicle. I then got an email from him reiterating his stance (added below). Looking for 1) How to respond 2) what a good target for negotiating price would be 3) what 1.2% meant for the money factor.

Thanks for any help....chad

Email from dealer

----------------------------------

Good morning Chad,

I thank you for your correspondenceand hope you had a nice weekend.

I am a bit confused on your intent because leasing is all about payment becuase you are not purchasing the vehicle, the bank is.

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0 · Like LOL8Here's the deal I got over the internet.

MSRP: $44,125

Cap cost: $39,500

Residual: 57%

MF: .00175

Terms: 36mo/12K

Lease: $539/mo with $800 inception cost

I don't know if it was a good deal but that's the best I found down here in south Florida. I just wanted to post my numbers because it helped so much reading this thread. Is the calculations correct. For some reason when I did it, it was different from the Lexus finance guy (on his computer).

Dan

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0 · Like LOL1How does this deal look:

RX350 w/ Premium, NAV

MSRP: $45,683

Cap cost: $42,183 (Discounted $3,500 off list)

Residual: 48% (is this right?)

MF: .00175

Term: 48mo/12K

Lease: $534/mo. + Tax/Fees/First-Month up-front.

I can't help but think they can do better on the sale price, but they tend to sell fast inside the beltway. Also, How does the Totyota/Lexus MSD program work? The salesman was reluctant to explain the details ("..it won't make much of a difference"). How many deposits can I make?

I calculated five MSDs (at $550/mo.) to be $2,750 deposited, which (at .00010 each) would bring the MF down to .00125 and my payment down to $502 (Goal!). Making 14% a year by letting them hold $2,750 sounds good to me...

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0 · Like LOL4Residual: 44,125 * .57 = 25151.25

(39500 - 25151.25)/36 = 343.02

(39500 + 25151.25) * .00157 = 109.64

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452.66

Of course this is not including any TTL, but how can I be that far off? Can someone please correct me?

Chad

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0 · Like LOL25,856Acquisition fee $20/mo.

Dealer fee (padding) $15/mo.

Money factor (.00175, not .00157) $5/mo.

Tax $35/mo.

That just about does it.... When you are only amortizing extra costs over 36 months, it adds up fast..

Moderator - Prices Paid, Lease Questions, SUVs

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0 · Like LOL8I don't get the calculations. Do you always have to pay acquisition? I got them to get rid of the dealer fee.

Thanks,

Danny

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