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2015 Lexus RX 350 Lease Questions

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  • sm16sm16 Member Posts: 11
    Michaell said:

    sm16 said:

    Hi, can I get the MF and residual for 2015RX350 AWD. 27 and 36 months. 7.5K and 10K/year. thanks!!

    27/10 - 67%
    36/10 - 60%

    Add 1% for 7,500 miles per year

    .00060 and $2000 lease cash
    Thank you. This is the offer I currently have. What do you think?
    MSRP : $50808
    Selling Price: $45,406
    33 Month Lease with 7,500 miles/yr
    $0 out of pocket
    Monthly payment including taxes(NJ): $475

    Is this a good deal?
  • MichaellMichaell Moderator Posts: 263,117
    sm16 said:

    Michaell said:

    sm16 said:

    Hi, can I get the MF and residual for 2015RX350 AWD. 27 and 36 months. 7.5K and 10K/year. thanks!!

    27/10 - 67%
    36/10 - 60%

    Add 1% for 7,500 miles per year

    .00060 and $2000 lease cash
    Thank you. This is the offer I currently have. What do you think?
    MSRP : $50808
    Selling Price: $45,406
    33 Month Lease with 7,500 miles/yr
    $0 out of pocket
    Monthly payment including taxes(NJ): $475

    Is this a good deal?
    What is the net cap cost, if you have $0 out of pocket?

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  • sm16sm16 Member Posts: 11
    Michaell said:

    sm16 said:

    Michaell said:

    sm16 said:

    Hi, can I get the MF and residual for 2015RX350 AWD. 27 and 36 months. 7.5K and 10K/year. thanks!!

    27/10 - 67%
    36/10 - 60%

    Add 1% for 7,500 miles per year

    .00060 and $2000 lease cash
    Thank you. This is the offer I currently have. What do you think?
    MSRP : $50808
    Selling Price: $45,406
    33 Month Lease with 7,500 miles/yr
    $0 out of pocket
    Monthly payment including taxes(NJ): $475

    Is this a good deal?
    What is the net cap cost, if you have $0 out of pocket?
    I'm told the fees are included int the monthly payment. About $1500 in fees...acq fee, reg/lic and doc fee. They're also saying the residual is 64% and MF is .00060
  • MichaellMichaell Moderator Posts: 263,117
    sm16 said:

    Michaell said:

    sm16 said:

    Michaell said:

    sm16 said:

    Hi, can I get the MF and residual for 2015RX350 AWD. 27 and 36 months. 7.5K and 10K/year. thanks!!

    27/10 - 67%
    36/10 - 60%

    Add 1% for 7,500 miles per year

    .00060 and $2000 lease cash
    Thank you. This is the offer I currently have. What do you think?
    MSRP : $50808
    Selling Price: $45,406
    33 Month Lease with 7,500 miles/yr
    $0 out of pocket
    Monthly payment including taxes(NJ): $475

    Is this a good deal?
    What is the net cap cost, if you have $0 out of pocket?
    I'm told the fees are included int the monthly payment. About $1500 in fees...acq fee, reg/lic and doc fee. They're also saying the residual is 64% and MF is .00060
    33/7.5 residual is 68%; I agree with the MF at .00060

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  • sm16sm16 Member Posts: 11
    Michaell said:

    sm16 said:

    Michaell said:

    sm16 said:

    Michaell said:

    sm16 said:

    Hi, can I get the MF and residual for 2015RX350 AWD. 27 and 36 months. 7.5K and 10K/year. thanks!!

    27/10 - 67%
    36/10 - 60%

    Add 1% for 7,500 miles per year

    .00060 and $2000 lease cash
    Thank you. This is the offer I currently have. What do you think?
    MSRP : $50808
    Selling Price: $45,406
    33 Month Lease with 7,500 miles/yr
    $0 out of pocket
    Monthly payment including taxes(NJ): $475

    Is this a good deal?
    What is the net cap cost, if you have $0 out of pocket?
    I'm told the fees are included int the monthly payment. About $1500 in fees...acq fee, reg/lic and doc fee. They're also saying the residual is 64% and MF is .00060
    33/7.5 residual is 68%; I agree with the MF at .00060
    Thank you! I didn't know that they could mess around with the residual.
  • MichaellMichaell Moderator Posts: 263,117
    sm16 said:

    Michaell said:

    sm16 said:

    Michaell said:

    sm16 said:

    Michaell said:

    sm16 said:

    Hi, can I get the MF and residual for 2015RX350 AWD. 27 and 36 months. 7.5K and 10K/year. thanks!!

    27/10 - 67%
    36/10 - 60%

    Add 1% for 7,500 miles per year

    .00060 and $2000 lease cash
    Thank you. This is the offer I currently have. What do you think?
    MSRP : $50808
    Selling Price: $45,406
    33 Month Lease with 7,500 miles/yr
    $0 out of pocket
    Monthly payment including taxes(NJ): $475

    Is this a good deal?
    What is the net cap cost, if you have $0 out of pocket?
    I'm told the fees are included int the monthly payment. About $1500 in fees...acq fee, reg/lic and doc fee. They're also saying the residual is 64% and MF is .00060
    33/7.5 residual is 68%; I agree with the MF at .00060
    Thank you! I didn't know that they could mess around with the residual.
    They can't; residual is set by the bank and cannot be modified.

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  • atm2014atm2014 Member Posts: 5
    hello - i am currently looking to get into a new lease for a 2015 RX 350. I live in NY, and currently just finishing up a lease on a 2013 RX350, paying $450 a month ($4K upfront)

    My old lease terms were:
    Mileage: 12K a year
    Length: 27 Months
    Options: Premium Package + Navigation (total of ~51 K Selling price)

    My target was to pay ~$425 a month, with $2K down as i will be asking for a lower mileage (8K).

    Is this a reasonable target? Given these parameters, can someone let me know what they think a fair price would be?
  • MichaellMichaell Moderator Posts: 263,117
    atm2014 said:

    hello - i am currently looking to get into a new lease for a 2015 RX 350. I live in NY, and currently just finishing up a lease on a 2013 RX350, paying $450 a month ($4K upfront)

    My old lease terms were:
    Mileage: 12K a year
    Length: 27 Months
    Options: Premium Package + Navigation (total of ~51 K Selling price)

    My target was to pay ~$425 a month, with $2K down as i will be asking for a lower mileage (8K).

    Is this a reasonable target? Given these parameters, can someone let me know what they think a fair price would be?

    27/7500 residual is 68%.

    What will the $2K down cover? Taxes, bank fee and dealer fee will add up to about that much.

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  • MichaellMichaell Moderator Posts: 263,117
    WOw
    sm16 said:

    Michaell said:

    sm16 said:

    Michaell said:

    sm16 said:

    Michaell said:

    sm16 said:

    Hi, can I get the MF and residual for 2015RX350 AWD. 27 and 36 months. 7.5K and 10K/year. thanks!!

    27/10 - 67%
    36/10 - 60%

    Add 1% for 7,500 miles per year

    .00060 and $2000 lease cash
    Thank you. This is the offer I currently have. What do you think?
    MSRP : $50808
    Selling Price: $45,406
    33 Month Lease with 7,500 miles/yr
    $0 out of pocket
    Monthly payment including taxes(NJ): $475

    Is this a good deal?
    What is the net cap cost, if you have $0 out of pocket?
    I'm told the fees are included int the monthly payment. About $1500 in fees...acq fee, reg/lic and doc fee. They're also saying the residual is 64% and MF is .00060
    33/7.5 residual is 68%; I agree with the MF at .00060
    Thank you! I didn't know that they could mess around with the residual.
    I'm so sorry ... I was reading my charts wrong. 64% is the correct residual for 33/7500.

    Hope you are still able to make your deal.

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  • bundyunbundyun Member Posts: 6
    Hi, looking for numbers for California: 2015 RX 350, FWD base w/premium package. 48/12 and 36/12. Residual and money factor.

    Dealer is throwing out some high numbers, think they're trying to inflate the MF - my Auto Fico is 700 so I'm not paying a point more than I qualify for.

    Thanks!
  • atm2014atm2014 Member Posts: 5
    i ended up getting an offer of 2.1K down and 425 a month.

    The 2.1K up front pays for all the taxes, fees etc.

    Is this a good deal?
    Michaell said:

    atm2014 said:

    hello - i am currently looking to get into a new lease for a 2015 RX 350. I live in NY, and currently just finishing up a lease on a 2013 RX350, paying $450 a month ($4K upfront)

    My old lease terms were:
    Mileage: 12K a year
    Length: 27 Months
    Options: Premium Package + Navigation (total of ~51 K Selling price)

    My target was to pay ~$425 a month, with $2K down as i will be asking for a lower mileage (8K).

    Is this a reasonable target? Given these parameters, can someone let me know what they think a fair price would be?

    27/7500 residual is 68%.

    What will the $2K down cover? Taxes, bank fee and dealer fee will add up to about that much.
  • kyfdxkyfdx Moderator Posts: 266,809
    bundyun said:

    Hi, looking for numbers for California: 2015 RX 350, FWD base w/premium package. 48/12 and 36/12. Residual and money factor.

    Dealer is throwing out some high numbers, think they're trying to inflate the MF - my Auto Fico is 700 so I'm not paying a point more than I qualify for.

    Thanks!

    .00060 MF and 50%/59% residual. $2000 lease cash.

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  • MichaellMichaell Moderator Posts: 263,117
    atm2014 said:

    i ended up getting an offer of 2.1K down and 425 a month.

    The 2.1K up front pays for all the taxes, fees etc.

    Is this a good deal?

    Michaell said:

    atm2014 said:

    hello - i am currently looking to get into a new lease for a 2015 RX 350. I live in NY, and currently just finishing up a lease on a 2013 RX350, paying $450 a month ($4K upfront)

    My old lease terms were:
    Mileage: 12K a year
    Length: 27 Months
    Options: Premium Package + Navigation (total of ~51 K Selling price)

    My target was to pay ~$425 a month, with $2K down as i will be asking for a lower mileage (8K).

    Is this a reasonable target? Given these parameters, can someone let me know what they think a fair price would be?

    27/7500 residual is 68%.

    What will the $2K down cover? Taxes, bank fee and dealer fee will add up to about that much.
    That was your target - looks like a solid deal. What is the MSRP and selling price?

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  • atm2014atm2014 Member Posts: 5
    the msrp was just about $51K. It was my target, so i ended up taking it! Glad it seems solid!
    Michaell said:

    atm2014 said:

    i ended up getting an offer of 2.1K down and 425 a month.

    The 2.1K up front pays for all the taxes, fees etc.

    Is this a good deal?

    Michaell said:

    atm2014 said:

    hello - i am currently looking to get into a new lease for a 2015 RX 350. I live in NY, and currently just finishing up a lease on a 2013 RX350, paying $450 a month ($4K upfront)

    My old lease terms were:
    Mileage: 12K a year
    Length: 27 Months
    Options: Premium Package + Navigation (total of ~51 K Selling price)

    My target was to pay ~$425 a month, with $2K down as i will be asking for a lower mileage (8K).

    Is this a reasonable target? Given these parameters, can someone let me know what they think a fair price would be?

    27/7500 residual is 68%.

    What will the $2K down cover? Taxes, bank fee and dealer fee will add up to about that much.
    That was your target - looks like a solid deal. What is the MSRP and selling price?
  • hkopo12hkopo12 Member Posts: 1
    !st time leaser ... any help is greatly appreciated
    RX 350 2WD
    Los Angeles Dealer
    MSRP: $46,094
    Selling Price: $41,250
    Fees: $456.75
    Sales Tax: $3,719.70
    Down Payment: $1,450
    Lease Term: 33 Months
    Mileage: 10K
    Payment: $420.97
    Rebate: $2,000

    Is this a good deal? Is my payment fair?

  • MichaellMichaell Moderator Posts: 263,117
    hkopo12 said:
    !st time leaser ... any help is greatly appreciated RX 350 2WD Los Angeles Dealer MSRP: $46,094 Selling Price: $41,250 Fees: $456.75 Sales Tax: $3,719.70 Down Payment: $1,450 Lease Term: 33 Months Mileage: 10K Payment: $420.97 Rebate: $2,000 Is this a good deal? Is my payment fair?
    Sales tax is computed against the monthly payment in CA, not calculated up front. 

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  • bundyunbundyun Member Posts: 6
    Forgot to include in my previous question:

    What is the acquisition fee in CA for RX 350 FWD base?
  • ilovesprintilovesprint Member Posts: 35
    edited October 2015
    Here is my offer for the RX350 AWD F Sport in the Chicago Burbs

    36 Months, 12,000 Miles per year

    $53,303 MSRP
    -$4,000 discount
    -$2,000 Lease cash

    These Fees & First payment due at Signing
    Tax $1,614
    doc fee $168
    plate $196
    Electronic fee $25

    First Payment Due at Signing $508

    Residual Value $31,449 - Which I believe is 59% Residual Value ($31,449/$53,303)
    Money Factor Tier 1 Credit .00060

    Edmunds has "Invoice Cost" of this build at $49,631

    What do you guys think of this deal?
  • kyfdxkyfdx Moderator Posts: 266,809
    bundyun said:

    Forgot to include in my previous question:

    What is the acquisition fee in CA for RX 350 FWD base?

    I believe the Lexus acquisition fee is $700

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  • MichaellMichaell Moderator Posts: 263,117

    Here is my offer for the RX350 AWD F Sport in the Chicago Burbs

    36 Months, 12,000 Miles per year

    $53,303 MSRP
    -$4,000 discount
    -$2,000 Lease cash

    These Fees & First payment due at Signing
    Tax $1,614
    doc fee $168
    plate $196
    Electronic fee $25

    First Payment Due at Signing $508

    Residual Value $31,449 - Which I believe is 59% Residual Value ($31,449/$53,303)
    Money Factor Tier 1 Credit .00060

    Edmunds has "Invoice Cost" of this build at $49,631

    What do you guys think of this deal?

    With those numbers, I get $488/mo before tax. Aren't there two sales taxes in Cook County?

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  • ilovesprintilovesprint Member Posts: 35
    Michaell said:

    Here is my offer for the RX350 AWD F Sport in the Chicago Burbs

    36 Months, 12,000 Miles per year

    $53,303 MSRP
    -$4,000 discount
    -$2,000 Lease cash

    These Fees & First payment due at Signing
    Tax $1,614
    doc fee $168
    plate $196
    Electronic fee $25

    First Payment Due at Signing $508

    Residual Value $31,449 - Which I believe is 59% Residual Value ($31,449/$53,303)
    Money Factor Tier 1 Credit .00060

    Edmunds has "Invoice Cost" of this build at $49,631

    What do you guys think of this deal?

    With those numbers, I get $488/mo before tax. Aren't there two sales taxes in Cook County?
    Michaell - Thank you for the reply. This is for Dupage County. Aren't I paying all the Tax upfront with the $1,614 due at signing? Sorry for the rookie question
  • MichaellMichaell Moderator Posts: 263,117

    Michaell said:

    Here is my offer for the RX350 AWD F Sport in the Chicago Burbs

    36 Months, 12,000 Miles per year

    $53,303 MSRP
    -$4,000 discount
    -$2,000 Lease cash

    These Fees & First payment due at Signing
    Tax $1,614
    doc fee $168
    plate $196
    Electronic fee $25

    First Payment Due at Signing $508

    Residual Value $31,449 - Which I believe is 59% Residual Value ($31,449/$53,303)
    Money Factor Tier 1 Credit .00060

    Edmunds has "Invoice Cost" of this build at $49,631

    What do you guys think of this deal?

    With those numbers, I get $488/mo before tax. Aren't there two sales taxes in Cook County?
    Michaell - Thank you for the reply. This is for Dupage County. Aren't I paying all the Tax upfront with the $1,614 due at signing? Sorry for the rookie question
    That's what I assume. So, your quote seems about $20/mo too high, or $720 in total. Find out if there has been a fee slipped in somewhere.

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  • ilovesprintilovesprint Member Posts: 35
    Michaell said:

    Michaell said:

    Here is my offer for the RX350 AWD F Sport in the Chicago Burbs

    36 Months, 12,000 Miles per year

    $53,303 MSRP
    -$4,000 discount
    -$2,000 Lease cash

    These Fees & First payment due at Signing
    Tax $1,614
    doc fee $168
    plate $196
    Electronic fee $25

    First Payment Due at Signing $508

    Residual Value $31,449 - Which I believe is 59% Residual Value ($31,449/$53,303)
    Money Factor Tier 1 Credit .00060

    Edmunds has "Invoice Cost" of this build at $49,631

    What do you guys think of this deal?

    With those numbers, I get $488/mo before tax. Aren't there two sales taxes in Cook County?
    Michaell - Thank you for the reply. This is for Dupage County. Aren't I paying all the Tax upfront with the $1,614 due at signing? Sorry for the rookie question
    That's what I assume. So, your quote seems about $20/mo too high, or $720 in total. Find out if there has been a fee slipped in somewhere.
    It was missing the Deal Acq Fee..
  • ilovesprintilovesprint Member Posts: 35
    Michaell & Others- thoughts on this one?

    MSRP $53,029
    Selling Price $47,928
    Additional Lease Costs $1,518 tax plus $700 acq fee (rolled into the payment)
    Dealer Cash $2,000
    Net Cap Cost $48,146
    Payment $515

    Cash Needed
    Doc Fee $168.43
    E Reg $25
    Lic & Title $196
    Total Fee's $389.43 - due at Signing
    First Payment - $515 due at signing
    Total Due at Signing $904
  • MichaellMichaell Moderator Posts: 263,117

    Michaell & Others- thoughts on this one?

    MSRP $53,029
    Selling Price $47,928
    Additional Lease Costs $1,518 tax plus $700 acq fee (rolled into the payment)
    Dealer Cash $2,000
    Net Cap Cost $48,146
    Payment $515

    Cash Needed
    Doc Fee $168.43
    E Reg $25
    Lic & Title $196
    Total Fee's $389.43 - due at Signing
    First Payment - $515 due at signing
    Total Due at Signing $904

    I get $516/mo with those numbers, so pretty darn close to your dealer quote (rounding issues may account for the difference).

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  • ilovesprintilovesprint Member Posts: 35
    Michaell - do you know the residual on a 24/12000 lease on RX 350 F Sport
  • MichaellMichaell Moderator Posts: 263,117

    Michaell - do you know the residual on a 24/12000 lease on RX 350 F Sport

    2015 RX350 F-Sport 24/12 - 68% and .00060. $2000 lease cash.

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  • carqbuycarqbuy Member Posts: 89
    What is the current MF & RV for the 2015 RX350 with 15,000/36 months. Also are than any incentives and hold back information?

    Thank you. 
  • MichaellMichaell Moderator Posts: 263,117
    carqbuy said:

    What is the current MF & RV for the 2015 RX350 with 15,000/36 months. Also are than any incentives and hold back information?

    Thank you. 

    .00060 and $2000 lease cash.

    36/15 residual is 57%

    No holdback information

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  • nyccarguynyccarguy Member Posts: 17,522
    what does LFS charge to buy mileage upfront & how does it affect the residual?

    2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD

  • MichaellMichaell Moderator Posts: 263,117
    nyccarguy said:

    what does LFS charge to buy mileage upfront & how does it affect the residual?

    .20/mile, deducted from the calculated residual

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  • nyccarguynyccarguy Member Posts: 17,522
    So if one were to buy an extra 15,000 miles @ $.20 per mile, then it would lower the calculated residual by $3,000.00?

    2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD

  • MichaellMichaell Moderator Posts: 263,117
    nyccarguy said:

    So if one were to buy an extra 15,000 miles @ $.20 per mile, then it would lower the calculated residual by $3,000.00?

    Exactly, which would increase the payment by about $83/mo (3000 / 36)

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  • johnl617johnl617 Member Posts: 38
    Michaell said:

    Michaell & Others- thoughts on this one?

    MSRP $53,029
    Selling Price $47,928
    Additional Lease Costs $1,518 tax plus $700 acq fee (rolled into the payment)
    Dealer Cash $2,000
    Net Cap Cost $48,146
    Payment $515

    Cash Needed
    Doc Fee $168.43
    E Reg $25
    Lic & Title $196
    Total Fee's $389.43 - due at Signing
    First Payment - $515 due at signing
    Total Due at Signing $904

    I get $516/mo with those numbers, so pretty darn close to your dealer quote (rounding issues may account for the difference).
    I am in the process of negotiating on a 2015 RX350 F-Sport Crafted Edition at 54,060.

    Terms - 36/15K, 0 down, 2000 lease cash, 4000 off msrp, Residual is 60% (Forgot MF, sorry)

    Dealer said 600-700 which is pretty damn high....

    What do you guys think I should aim for?
  • ilovesprintilovesprint Member Posts: 35
    johnl617 said:

    Michaell said:

    Michaell & Others- thoughts on this one?


    What do you guys think I should aim for?
    I would aim for at least 9% off MSRP - around $48K plus lease cash. I checked every dealer in the chicago area and they are swimming with 2015 RX350's - dealer said he is getting 2016 in Late Nov. A complete redesign for 2016.
  • MichaellMichaell Moderator Posts: 263,117
    johnl617 said:

    Michaell said:

    Michaell & Others- thoughts on this one?

    MSRP $53,029
    Selling Price $47,928
    Additional Lease Costs $1,518 tax plus $700 acq fee (rolled into the payment)
    Dealer Cash $2,000
    Net Cap Cost $48,146
    Payment $515

    Cash Needed
    Doc Fee $168.43
    E Reg $25
    Lic & Title $196
    Total Fee's $389.43 - due at Signing
    First Payment - $515 due at signing
    Total Due at Signing $904

    I get $516/mo with those numbers, so pretty darn close to your dealer quote (rounding issues may account for the difference).
    I am in the process of negotiating on a 2015 RX350 F-Sport Crafted Edition at 54,060.

    Terms - 36/15K, 0 down, 2000 lease cash, 4000 off msrp, Residual is 60% (Forgot MF, sorry)

    Dealer said 600-700 which is pretty damn high....

    What do you guys think I should aim for?
    36/15 residual on the 2015 RX is 57%; 60% is for 36/10.

    Base MF is .00060 this month.

    If I take $6K off the MSRP and use 57% as the residual, I get a pre-tax payment of $526.37.

    Find out what the net cap cost is .. if higher than the $48K, make the dealer explain the math to you.

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  • johnl617johnl617 Member Posts: 38
    Thanks guys. For the 526.37 payment is that including the tax of the purchase price of the vehicle? I dont remember this for my last lease and appreciate the feedback. John
  • sccrph323sccrph323 Member Posts: 9
    Hi, just got quoted for 2015 RX 350 f-sport with Navi/ premium package

    NY tax rate 8.63%

    MSRP: 53173
    Cap Cost: 49000
    RV: 33498
    Down payment: 1550 (DMV+Bank+1st Month)
    for got to ask for MF, but I assume its tier 1.

    monthly payment: $512 (taxes incl) 33months/10k miles
    are these numbers correct? Is this a good deal? and has anyone seen better deals?

    appreciate any input and feedback.
  • kyfdxkyfdx Moderator Posts: 266,809
    johnl617 said:

    Thanks guys. For the 526.37 payment is that including the tax of the purchase price of the vehicle? I dont remember this for my last lease and appreciate the feedback. John

    Please note original reply.. Pre-tax payment.

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  • kyfdxkyfdx Moderator Posts: 266,809
    sccrph323 said:

    Hi, just got quoted for 2015 RX 350 f-sport with Navi/ premium package

    NY tax rate 8.63%

    MSRP: 53173
    Cap Cost: 49000
    RV: 33498
    Down payment: 1550 (DMV+Bank+1st Month)
    for got to ask for MF, but I assume its tier 1.

    monthly payment: $512 (taxes incl) 33months/10k miles
    are these numbers correct? Is this a good deal? and has anyone seen better deals?

    appreciate any input and feedback.

    .00060 MF and 63% residual for 33mo, 10K/yr. $2000 lease cash.

    If the CAP cost includes the tax, then I get $519/mo, which is pretty close

    Seems reasonable... read back 5 or 10 pages to compare deals with other members.

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  • ilovesprintilovesprint Member Posts: 35
    sccrph323 said:

    Hi, just got quoted for 2015 RX 350 f-sport with Navi/ premium package

    NY tax rate 8.63%

    MSRP: 53173
    Cap Cost: 49000
    RV: 33498
    Down payment: 1550 (DMV+Bank+1st Month)
    for got to ask for MF, but I assume its tier 1.

    monthly payment: $512 (taxes incl) 33months/10k miles
    are these numbers correct? Is this a good deal? and has anyone seen better deals?

    appreciate any input and feedback.

    I'd keep negotiating - in Chicago burbs I was offered this deal by 2 different lexus dealers

    RX 350 F Sport -2015

    MSRP $53,029
    Sell Price $47,928 (9% off msrp)

    Plus $2,000 Lease cash

    MF .0006

  • mesallemmesallem Member Posts: 34
    Is the money factor residual 57% and 0.00060 for california on a 36/15? I am negotiating with several deals for a 49k model, trying to get it for 41k pre incentive. Lot of the dealers have 50+ rx350s in stock, Does that negotiated rate sound reasonable?
  • MichaellMichaell Moderator Posts: 263,117
    mesallem said:

    Is the money factor residual 57% and 0.00060 for california on a 36/15? I am negotiating with several deals for a 49k model, trying to get it for 41k pre incentive. Lot of the dealers have 50+ rx350s in stock, Does that negotiated rate sound reasonable?

    I agree with the MF and residual rates you've quoted.

    I don't track selling prices; read back through the last few pages of this discussion to see what others have been able to negotiate.

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  • johnl617johnl617 Member Posts: 38
    So this is what a dealer just gave me. (RI/MA)
    RX350 F-Sport - 36 months/ 15K a year, Residual 57%
    MSRP - 54,684
    Discount - 4,000
    Lease Cash - 2000
    Cap Cost - 47,684
    Sales Tax - 1292.76
    Acq Fee - 700
    Dealer/State Fee - 568
    Total Price - 50,244.76
    Residual - 29,969.88
    $610/month - Is it me, or is this high?
  • MichaellMichaell Moderator Posts: 263,117
    johnl617 said:

    So this is what a dealer just gave me. (RI/MA)
    RX350 F-Sport - 36 months/ 15K a year, Residual 57%
    MSRP - 54,684
    Discount - 4,000
    Lease Cash - 2000
    Cap Cost - 47,684
    Sales Tax - 1292.76
    Acq Fee - 700
    Dealer/State Fee - 568
    Total Price - 50,244.76
    Residual - 29,969.88
    $610/month - Is it me, or is this high?

    I'm getting $627/mo with those numbers, so $610 looks good by comparison.

    However, I thought tax was applied to the payment and not calculated up front in MA.

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  • sccrph323sccrph323 Member Posts: 9
    thank you for your advice.

    sccrph323 said:

    Hi, just got quoted for 2015 RX 350 f-sport with Navi/ premium package

    NY tax rate 8.63%

    MSRP: 53173
    Cap Cost: 49000
    RV: 33498
    Down payment: 1550 (DMV+Bank+1st Month)
    for got to ask for MF, but I assume its tier 1.

    monthly payment: $512 (taxes incl) 33months/10k miles
    are these numbers correct? Is this a good deal? and has anyone seen better deals?

    appreciate any input and feedback.

    I'd keep negotiating - in Chicago burbs I was offered this deal by 2 different lexus dealers

    RX 350 F Sport -2015

    MSRP $53,029
    Sell Price $47,928 (9% off msrp)

    Plus $2,000 Lease cash

    MF .0006

  • sccrph323sccrph323 Member Posts: 9
    thank you kyfdx for your advice.
    kyfdx said:

    sccrph323 said:

    Hi, just got quoted for 2015 RX 350 f-sport with Navi/ premium package

    NY tax rate 8.63%

    MSRP: 53173
    Cap Cost: 49000
    RV: 33498
    Down payment: 1550 (DMV+Bank+1st Month)
    for got to ask for MF, but I assume its tier 1.

    monthly payment: $512 (taxes incl) 33months/10k miles
    are these numbers correct? Is this a good deal? and has anyone seen better deals?

    appreciate any input and feedback.

    .00060 MF and 63% residual for 33mo, 10K/yr. $2000 lease cash.

    If the CAP cost includes the tax, then I get $519/mo, which is pretty close

    Seems reasonable... read back 5 or 10 pages to compare deals with other members.
  • ilovesprintilovesprint Member Posts: 35
    johnl617 said:

    So this is what a dealer just gave me. (RI/MA)
    RX350 F-Sport - 36 months/ 15K a year, Residual 57%
    MSRP - 54,684
    Discount - 4,000
    Lease Cash - 2000
    Cap Cost - 47,684
    Sales Tax - 1292.76
    Acq Fee - 700
    Dealer/State Fee - 568
    Total Price - 50,244.76
    Residual - 29,969.88
    $610/month - Is it me, or is this high?

    look above at the price I negotiated on the F sport, there is more room to negotiate the selling price
  • shookakashookaka Member Posts: 7
    Hello,

    What is the current MF and RV for 2015 RX350 in Huntington Beach, CA 12k/36 months?
    Any incentives or discounts for the end of October?
  • kyfdxkyfdx Moderator Posts: 266,809
    shookaka said:

    Hello,

    What is the current MF and RV for 2015 RX350 in Huntington Beach, CA 12k/36 months?
    Any incentives or discounts for the end of October?

    .00060 MF and 59% residual. $2000 lease cash.

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