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2013 and earlier Lexus RX 350 / RX 450h Lease Questions
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MSRP: $49,790
Sale Price: $46,000
27-month, 67% residual, $2000 down plus additional $1000 rebate and tax credits
MF: .0012
Monthly payment: $563
Does this sound like a decent deal or should I hold off?
Thanks for any advice!
We have a 2010 RX350 with 12k miles, lease ended 3/20/2013 that we are planning to return and get another RX350, just went through the RX350 New Vehicle pricing on Edmunds.com and the Invoice is 51,100, MSRP is 55,023
We would like get a 10k/year, 3 year or less, and have low monthly payment with low down.
Do you sell car ?
Can you deliver to N. California ?
It seems like it has slowly degraded without participation or involvement.
Am I missing something?
The numbers for an otherwise identical 36-month lease are .00075 and 59%.
Lexus is currently providing a $1,000 cash incentive on leases of this truck through LFS. Make sure to take this cash into account during your negotiations.
Car_man
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Car_man
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Lexus dealer offered me at invoice price: $46651 ( after $1000 loyalty discount ) for a 2013 RX350, AWD with packages that has MSRP of $51,000.
Another independent private dealer is offering me $44000 for the same spec of car that is 3651 off invoice.
Is this possible ?
When negotiating your deal on this truck, make sure to take advantage of the $1,000 cash incentive that is currently available on leases of it.
Car_man
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This is actually the "Lexus RX 350 / RX 450h Lease Questions" discussion. If you have a question about an RX 350 that does not pertain to leasing a new one, you will probably have better luck finding an answer to your question over in one of the non-leasing discussions:
http://townhall-talk.edmunds.com/WebX/.eea6a05/
I do not personally keep tabs on the certification cost for Certified Pre-Owned vehicles. Sorry that I could be of more help for your specific situation.
I hope that you have a great day .
Car_man
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There is a $1,000 cash incentive on leases of this truck.
Car_man
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Car_man
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What do you mean by an "independent private dealer"? Is it a Lexus dealership? I don't see how a Lexus dealer could sell an RX 350 at more than $3,500 under invoice. If I was in the market for one right now in an area that has a decent level of competition, I personally would shoot for a selling price of $500 or so over invoice minus the $1,000 cash incentive plus the use of the buy rate lease money factor.
Car_man
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What is 9MSD ?
Did you had to put anything down ?
I got this offer from two places:
2013 RX350 AWD MSRP $49,915
10,000 miles a year
33 months
Total Out of Pocket Down Payment $1,550
Monthly 33 month payment of $525 inclusive of tax (our sales tax in NJ is 7%)
How good or terrible is this deal?
Thank you,
Car_man
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The most recent info I found on the forum for money factor and residual rate for the RX 450h are from November 2012.
Do you have the current numbers?
Thanks for your help, this forum provides a terrific service.
I just got quoted the following price. Is it a good price?
2013 Lexus RX 350
33 Month
10K miles a year
Navigation and Blind Spot Monitor
$600 a month
$1630 down
Please let me know what you thin.
Thanks,
Laura
I just got quoted the following price. Is it a good price?
2013 Lexus RX 350
33 Month
10K miles a year
Navigation and Blind Spot Monitor
$600 a month
$1630 down
Please let me know what you think.
Thanks,
Laura
Can you please tell me the April MF and residual for a 24 month lease with 12K per year for the RX 350 and RX 350 AWD.
Also, are there any incentives for the RX?
Thanks,
RM
The residual value for a 36-month lease of this truck with 15,000 miles per year is 54%.
Car_man
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The numbers for the AWD model are the same.
Lexus is providing a $1,000 cash incentive on leases of this car.
Car_man
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They are quoting a 2013 RX350, 24m, 10k mi, msrp $43050 for $269/month!
How can they do that?
They are also quoting an ES350=$299 and GS350=$449
When I leased mine I never saw an RX that was below $46000 on the lot and there were over 50. Has Lexus produced a strippo model lately?
I'm not happy since my payment is almost twice.
Thanks,
I thought these type of ads were illegal, apparently not in Florida.
They low ball a payment and when you show up at the dealership they tell you they just sold the last one at that price but we have these that are a little bit more.
do you know how the .0075 and 54% changes if the lease is 36 mo 12k miles? how about 48 month 12k miles? what "extra" should I ask for if we've already got another 450h leased via LFS sitting in our garage??
thanks!
I'm thinking about putting a large cap reduction on my rx lease and I'm afraid I don't understand the potential for loss of my large pay down.
lets say the car is 50k and the cap red I give at sale = total depreciation of about 20k, leaving a monthly pmt of say $50. if I total the car the day I get it then I owe Lexus my 30k residual plus 48 months*$50 = $32400 plus I paid them 20k up front. I will have spent a total of 52400. the insurance check to me will be for, say, $45000 for th 1 day old car, and the gap coverage in my remaining lease will cover the 2400 that I still owe. so at the end of the day it looks to me like I'm out 52400 - 2400 - 45000 = 5k not 20k if I total it on day 1.
nobody wants to lose 5k but it's better than 20k plus with the big reduction I get the benefits of less tax, easier way out of the lease, savings on the rental fee part of the lease, and a monthly pmt that is sustainable in case of unemployment.
I'm sure there's a flaw in my analysis somewhere. what m I missing???
thx!
So, the payoff on the car isn't $2400, its more like $30K ($50K cap minus $20K downpayment)....
So, the insurance company gives the bank $30K and gives you the other $15K (totaling the $45K value), and you are out about $5K for driving the car a couple of days...
GAP insurance never comes into play... GAP is only there to pay the lessor, if the value of the car is less than the payoff....
To use the other scenario... if you made ZERO cap cost reduction.. The payoff on the vehicle is $50K..... the insurance company pays the lessor $45K and GAP insurance pays the lessor the other $5K, and you are out nothing extra...
Hope that helps..
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The numbers for a 48-month, 12,000 mile per year lease of a 2013 RX450h would be .00075 and 45% for top tier customers.
Lexus is currently providing a $1,000 cash incentive on leases of this truck to all customers. Make sure to take this cash into account when negotiating the selling price of your vehicle. I am not aware of any additional special incentives on this model for loyal customers.
Car_man
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https://www.surveymonkey.com/s/EdmundsForums
Thanks. Have a great day!
Car_man
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Car_man
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I just leased a RX 350 AW for
msrp 49,915 Selling price 44,415 + 1500 Rebate ($7000 off)
NJ Tri country Lexus
My lease term is
27 month
10,000 K miles
485/month
1150 with First month payment, Title, reg , doc included
I contact the dealer from their website. They sent me spec sheet, price quote.
And the internet depart made the purchase super easy and smooth.
No tricks.
totally satisfied... the residual number and MF were critical in this... they didn't even blink when I put it on the response bid!
Do you have May residual and MF numbers for a 2013 RX350 FWD (36 mo/12k mi.) in Southern California? I was close to a deal, but now the dealer is telling me that the MF went up to 0.00125 in May, which is a huge jump from the 0.00075 last month. Not sure if he's marked it up or if it really has jumped.
Thanks!
Do Lexus dealer have different money factor ?
It is legal to offer higher money factor ?
Looking to lease 2013 Rx 450h next week. Want the bigger wheels and led lights. Can you help me with what price I should try to get the car for and what residual value and mf I should try to get. Went in this week and they quoted me, without led lights and bigger wheels, 55,490 Sales Price with a residual of 57% 31,629.30. 5,000 down payment was 754.11. 10k down payment was 603.05. No money down payment was 907.25 Also, would give me a 1,500 rebate. Upfront charges 181.00, total cap reduction - 411.75. Didn't ask what the mf was. Looking at a 3yr lease, 10k miles a yr.
Thank you so much for your help,
Lee
CUSTOMER DISCLOSURE
Customer Name: Inside Car Buying, LLC WD Deal ID: 451053
Sale Vehicle: New 2013 LEXUS RX 350 AWD 9424 4dr Wgn w/AC , Automatic , Odom: 0
Payment Details
Term 27
Base Payment 446.67
Total Payment 446.67
Purchase Option 32,943.90
MSRP 49,915.00
Est. Miles Per Year 12,000
Excess Mileage Charge 0.25
Amount Due at Signing
1st Month Payment 446.67
Acquisition Fee 700.00
Fees & Insurance 375.00
Upfront Taxes 1,057.21
Total Inception Fees 2,578.88
Rebate as Cap Reduction 1,500.00
Total Drive Off 4,078.88
Total Cash Required on Delivery 2,578.88
Tax Information
Customer State: New York Customer County: WESTCHESTER
Type Amount Rate Paid
Cashdown Tax 167.78 7.3750 Upfront
Upfront Tax 889.43 7.3750 Upfront
Fee Information
Description Amount Paid
Reg 277.50 Upfront
Insp 10.00 Upfront
Title 12.50 Upfront
DocFee 75.00 Upfront
Do you know if they will ship it over to California ?
What payments are people getting?
3 yr / 30K miles Lease deal
MSRP 50,675.00
Residual @ 59%, 29898.25
MF 0.0011 *2400 = 2.64%
Sale price 46135.00
Rebate -1500.00
Final Sale price 44635.00
Down 500.00
Monthly Payment 577.82
3yr total Payment 20801.52