2015 Lexus RX 350 Lease Questions

mrana85

Hi, what is the residual and MF for 36/10k in North Texas (Dallas) for a 2015 RX 350? Thanks!

Michaell

kazaparu said:

Yday night got this deal on RX350 AWD in Maryland, let me know if I did ok?

Sticker price: 51,442 (including 940 delivery, processing and handling fee)
Agreed Price: 45,663
Zero down, 3 year, 12K miles/year
Payment: $505/month (first month is free)
Taxes: 1884 (based on VA 4.1%)
Registration and tags: 308
Acquisition Fee: 700
Doc Fee: 300
Purchase Option at the end of 36 months: 30,350

Did you roll the taxes and fees into the payment or pay them up front?

$505/mo isn't too bad on a car that stickers at over $51K, either way.

Congrats and enjoy the new Lexus!

Michaell

mrana85 said:

Hi, what is the residual and MF for 36/10k in North Texas (Dallas) for a 2015 RX 350? Thanks!

.00060 and 60%

$2000 lease cash and complimentary first payment.

kazaparu

Michaell said:

kazaparu said:

Yday night got this deal on RX350 AWD in Maryland, let me know if I did ok?

Sticker price: 51,442 (including 940 delivery, processing and handling fee)
Agreed Price: 45,663
Zero down, 3 year, 12K miles/year
Payment: $505/month (first month is free)
Taxes: 1884 (based on VA 4.1%)
Registration and tags: 308
Acquisition Fee: 700
Doc Fee: 300
Purchase Option at the end of 36 months: 30,350

Did you roll the taxes and fees into the payment or pay them up front?

$505/mo isn't too bad on a car that stickers at over $51K, either way.

Congrats and enjoy the new Lexus!

Yes, all taxes and fee rolled in. Zero down payment.

I was told they will not charge for Permaplate (245) and phantom footprints (149) but included them in. I was in a hurry to get out and did not check yday night.

zenfloater

Hi,

Just got home with my new 2015 RX350 FWD Obsidian.

MSRP: $51,000

Included:
- Comfort Package
- Towing Prep Package
- Navigation Package
- Premium Package w/Blind Spot Monitor System
- Preferred Accessory Package
- 19" Alloy Wheel upgrade

Agreed Price: $44,913

33 month lease @ $400 / month (taxes included in the price) with dealer paying 1st month. Zero dollars due at signing.

Purchase option at end of lease: $32,003

Not a bad deal for a great car! Last one available anywhere in South Florida!

kazaparu

zenfloater said:

Hi,

Just got home with my new 2015 RX350 FWD Obsidian.

MSRP: $51,000

Included:
- Comfort Package
- Towing Prep Package
- Navigation Package
- Premium Package w/Blind Spot Monitor System
- Preferred Accessory Package
- 19" Alloy Wheel upgrade

Agreed Price: $44,913

33 month lease @ $400 / month (taxes included in the price) with dealer paying 1st month. Zero dollars due at signing.

Purchase option at end of lease: $32,003

Not a bad deal for a great car! Last one available anywhere in South Florida!

Good deal compared to mine. But something is not matching up.

is it $400/month for 33 months? Then total paid is 12,800 for 32 months.

Plus 32,003 makes it total of $44,803, which is less than agreed price (not considering interest for 33 months).

kazaparu

kazaparu said:

zenfloater said:

Hi,

Just got home with my new 2015 RX350 FWD Obsidian.

MSRP: $51,000

Included:
- Comfort Package
- Towing Prep Package
- Navigation Package
- Premium Package w/Blind Spot Monitor System
- Preferred Accessory Package
- 19" Alloy Wheel upgrade

Agreed Price: $44,913

33 month lease @ $400 / month (taxes included in the price) with dealer paying 1st month. Zero dollars due at signing.

Purchase option at end of lease: $32,003

Not a bad deal for a great car! Last one available anywhere in South Florida!

Good deal compared to mine. But something is not matching up.

is it $400/month for 33 months? Then total paid is 12,800 for 32 months.

Plus 32,003 makes it total of $44,803, which is less than agreed price (not considering interest for 33 months).

kazaparu said:

zenfloater said:

Hi,

Just got home with my new 2015 RX350 FWD Obsidian.

MSRP: $51,000

Included:
- Comfort Package
- Towing Prep Package
- Navigation Package
- Premium Package w/Blind Spot Monitor System
- Preferred Accessory Package
- 19" Alloy Wheel upgrade

Agreed Price: $44,913

33 month lease @ $400 / month (taxes included in the price) with dealer paying 1st month. Zero dollars due at signing.

Purchase option at end of lease: $32,003

Not a bad deal for a great car! Last one available anywhere in South Florida!

Good deal compared to mine. But something is not matching up.

is it $400/month for 33 months? Then total paid is 12,800 for 32 months.

Plus 32,003 makes it total of $44,803, which is less than agreed price (not considering interest for 33 months).

also taxes and registration. Does your agreed price includes $2000 lease cash?

Michaell

zenfloater said:

Hi,

Just got home with my new 2015 RX350 FWD Obsidian.

MSRP: $51,000

Included:
- Comfort Package
- Towing Prep Package
- Navigation Package
- Premium Package w/Blind Spot Monitor System
- Preferred Accessory Package
- 19" Alloy Wheel upgrade

Agreed Price: $44,913

33 month lease @ $400 / month (taxes included in the price) with dealer paying 1st month. Zero dollars due at signing.

Purchase option at end of lease: $32,003

Not a bad deal for a great car! Last one available anywhere in South Florida!

Solid deal. Congrats and enjoy the new Lexus!

zenfloater

kazaparu said:

zenfloater said:

Hi,

Just got home with my new 2015 RX350 FWD Obsidian.

MSRP: $51,000

Included:
- Comfort Package
- Towing Prep Package
- Navigation Package
- Premium Package w/Blind Spot Monitor System
- Preferred Accessory Package
- 19" Alloy Wheel upgrade

Agreed Price: $44,913

33 month lease @ $400 / month (taxes included in the price) with dealer paying 1st month. Zero dollars due at signing.

Purchase option at end of lease: $32,003

Not a bad deal for a great car! Last one available anywhere in South Florida!

Good deal compared to mine. But something is not matching up.

is it $400/month for 33 months? Then total paid is 12,800 for 32 months.

Plus 32,003 makes it total of $44,803, which is less than agreed price (not considering interest for 33 months).

Sorry it's $400 / month for 33 months for a total of $13,200. Nothing due at signing and all taxes and registration fees etc included.

zenfloater

kazaparu said:

kazaparu said:

zenfloater said:

Hi,

Just got home with my new 2015 RX350 FWD Obsidian.

MSRP: $51,000

Included:
- Comfort Package
- Towing Prep Package
- Navigation Package
- Premium Package w/Blind Spot Monitor System
- Preferred Accessory Package
- 19" Alloy Wheel upgrade

Agreed Price: $44,913

33 month lease @ $400 / month (taxes included in the price) with dealer paying 1st month. Zero dollars due at signing.

Purchase option at end of lease: $32,003

Not a bad deal for a great car! Last one available anywhere in South Florida!

Good deal compared to mine. But something is not matching up.

is it $400/month for 33 months? Then total paid is 12,800 for 32 months.

Plus 32,003 makes it total of $44,803, which is less than agreed price (not considering interest for 33 months).

kazaparu said:

zenfloater said:

Hi,

Just got home with my new 2015 RX350 FWD Obsidian.

MSRP: $51,000

Included:
- Comfort Package
- Towing Prep Package
- Navigation Package
- Premium Package w/Blind Spot Monitor System
- Preferred Accessory Package
- 19" Alloy Wheel upgrade

Agreed Price: $44,913

33 month lease @ $400 / month (taxes included in the price) with dealer paying 1st month. Zero dollars due at signing.

Purchase option at end of lease: $32,003

Not a bad deal for a great car! Last one available anywhere in South Florida!

Good deal compared to mine. But something is not matching up.

is it $400/month for 33 months? Then total paid is 12,800 for 32 months.

Plus 32,003 makes it total of $44,803, which is less than agreed price (not considering interest for 33 months).

also taxes and registration. Does your agreed price includes $2000 lease cash?

Rebates and taxes and registration included.

kazaparu

zenfloater said:

kazaparu said:

kazaparu said:

zenfloater said:

Hi,

Just got home with my new 2015 RX350 FWD Obsidian.

MSRP: $51,000

Included:
- Comfort Package
- Towing Prep Package
- Navigation Package
- Premium Package w/Blind Spot Monitor System
- Preferred Accessory Package
- 19" Alloy Wheel upgrade

Agreed Price: $44,913

33 month lease @ $400 / month (taxes included in the price) with dealer paying 1st month. Zero dollars due at signing.

Purchase option at end of lease: $32,003

Not a bad deal for a great car! Last one available anywhere in South Florida!

Good deal compared to mine. But something is not matching up.

is it $400/month for 33 months? Then total paid is 12,800 for 32 months.

Plus 32,003 makes it total of $44,803, which is less than agreed price (not considering interest for 33 months).

kazaparu said:

zenfloater said:

Hi,

Just got home with my new 2015 RX350 FWD Obsidian.

MSRP: $51,000

Included:
- Comfort Package
- Towing Prep Package
- Navigation Package
- Premium Package w/Blind Spot Monitor System
- Preferred Accessory Package
- 19" Alloy Wheel upgrade

Agreed Price: $44,913

33 month lease @ $400 / month (taxes included in the price) with dealer paying 1st month. Zero dollars due at signing.

Purchase option at end of lease: $32,003

Not a bad deal for a great car! Last one available anywhere in South Florida!

Good deal compared to mine. But something is not matching up.

is it $400/month for 33 months? Then total paid is 12,800 for 32 months.

Plus 32,003 makes it total of $44,803, which is less than agreed price (not considering interest for 33 months).

also taxes and registration. Does your agreed price includes $2000 lease cash?

Rebates and taxes and registration included.

Really good deal.

zenfloater

kazaparu said:

zenfloater said:

kazaparu said:

kazaparu said:

zenfloater said:

Hi,

Just got home with my new 2015 RX350 FWD Obsidian.

MSRP: $51,000

Included:
- Comfort Package
- Towing Prep Package
- Navigation Package
- Premium Package w/Blind Spot Monitor System
- Preferred Accessory Package
- 19" Alloy Wheel upgrade

Agreed Price: $44,913

33 month lease @ $400 / month (taxes included in the price) with dealer paying 1st month. Zero dollars due at signing.

Purchase option at end of lease: $32,003

Not a bad deal for a great car! Last one available anywhere in South Florida!

Good deal compared to mine. But something is not matching up.

is it $400/month for 33 months? Then total paid is 12,800 for 32 months.

Plus 32,003 makes it total of $44,803, which is less than agreed price (not considering interest for 33 months).

kazaparu said:

zenfloater said:

Hi,

Just got home with my new 2015 RX350 FWD Obsidian.

MSRP: $51,000

Included:
- Comfort Package
- Towing Prep Package
- Navigation Package
- Premium Package w/Blind Spot Monitor System
- Preferred Accessory Package
- 19" Alloy Wheel upgrade

Agreed Price: $44,913

33 month lease @ $400 / month (taxes included in the price) with dealer paying 1st month. Zero dollars due at signing.

Purchase option at end of lease: $32,003

Not a bad deal for a great car! Last one available anywhere in South Florida!

Good deal compared to mine. But something is not matching up.

is it $400/month for 33 months? Then total paid is 12,800 for 32 months.

Plus 32,003 makes it total of $44,803, which is less than agreed price (not considering interest for 33 months).

also taxes and registration. Does your agreed price includes $2000 lease cash?

Rebates and taxes and registration included.

Really good deal.

Thanks! That's what I thought
I wasn't going to nitpick over the color or anything, solid car, solid deal, happy wife, happy life!

frank125

Hi,

I got my new 2015 RX350 on December 30th. Here are the details:

MSRP: $46549.00
Agreed price: $38349.00
Lease cash bonus: $2000.00
Taxes: $1596.87
Fees (title/license/registration): $62.75
Acquisition fee: $700
Gross receipts tax: $599.00

Adjusted Capitalized Cost: $39372.81

Lease terms:

48 months with 15kmiles/year with residual value of $22343.52. All taxes and fees are rolled into the lease. Monthly payment: $454.53. Zero down payment with first month free payment of $453.53.

Is this a good deal?

I plan to buy out the lease 3 months into the lease because I want to keep the car and do not like to pay the rent charge which is about $4740. Do you see anything hidden that may catch me when I do buy-out?

Thanks,

Frank

Michaell

frank125 said:

Hi,

I got my new 2015 RX350 on December 30th. Here are the details:

MSRP: $46549.00
Agreed price: $38349.00
Lease cash bonus: $2000.00
Taxes: $1596.87
Fees (title/license/registration): $62.75
Acquisition fee: $700
Gross receipts tax: $599.00

Adjusted Capitalized Cost: $39372.81

Lease terms:

48 months with 15kmiles/year with residual value of $22343.52. All taxes and fees are rolled into the lease. Monthly payment: $454.53. Zero down payment with first month free payment of $453.53.

Is this a good deal?

I plan to buy out the lease 3 months into the lease because I want to keep the car and do not like to pay the rent charge which is about $4740. Do you see anything hidden that may catch me when I do buy-out?

Thanks,

Frank

Why didn't you buy it initially? You wouldn't have paid the acquisition fee that way.

Not sure that you'll be ahead buying it out after three months, but let us know how it turns out.

frank125

The reason I went for the lease is to get the $2000 lease cash back. If I bought it initially, I would not be able to get it. I figured that I would still come out better even with the $700 acquisition fee. Am I missing something? Are there any other hidden cost other than the lease balance?

Frank

Michaell

frank125 said:

The reason I went for the lease is to get the $2000 lease cash back. If I bought it initially, I would not be able to get it. I figured that I would still come out better even with the $700 acquisition fee. Am I missing something? Are there any other hidden cost other than the lease balance?

Frank

Not sure if you'll be charged the disposition fee if you buy the lease out.

And, wouldn't the low APR make up the difference in the lease cash?

sundeviloc

Can someone provide the MF and RV for a RX350, base model for 36/10K in Los Angeles

Michaell

sundeviloc said:

Can someone provide the MF and RV for a RX350, base model for 36/10K in Los Angeles

60% and .00060. $2000 lease cash and complimentary first payment.

These numbers and incentives expire today, 1/4/16.

kazaparu

Michaell said:

frank125 said:

The reason I went for the lease is to get the $2000 lease cash back. If I bought it initially, I would not be able to get it. I figured that I would still come out better even with the $700 acquisition fee. Am I missing something? Are there any other hidden cost other than the lease balance?

Frank

Not sure if you'll be charged the disposition fee if you buy the lease out.

And, wouldn't the low APR make up the difference in the lease cash?

Also

Michaell said:

sundeviloc said:

Can someone provide the MF and RV for a RX350, base model for 36/10K in Los Angeles

60% and .00060. $2000 lease cash and complimentary first payment.

These numbers and incentives expire today, 1/4/16.

Couple of questions

1) Does MSRP include delivery/processing/handling fee that is shown on the sticker?
2) Is it common to charge $300 dealer doc fee even for lease vehicles, where they are applying $700 for acquisition fee?

Thanks,
Srini

Michaell

kazaparu said:

Michaell said:

frank125 said:

The reason I went for the lease is to get the $2000 lease cash back. If I bought it initially, I would not be able to get it. I figured that I would still come out better even with the $700 acquisition fee. Am I missing something? Are there any other hidden cost other than the lease balance?

Frank

Not sure if you'll be charged the disposition fee if you buy the lease out.

And, wouldn't the low APR make up the difference in the lease cash?

Also

Michaell said:

sundeviloc said:

Can someone provide the MF and RV for a RX350, base model for 36/10K in Los Angeles

60% and .00060. $2000 lease cash and complimentary first payment.

These numbers and incentives expire today, 1/4/16.

Couple of questions

1) Does MSRP include delivery/processing/handling fee that is shown on the sticker?
2) Is it common to charge $300 dealer doc fee even for lease vehicles, where they are applying $700 for acquisition fee?

Thanks,
Srini

1. MSRP is the bottom line number on the window sticker - base price + options + destination
2. Yes, the dealer doc fee is common, in addition to the acquisition fee. Be thankful you don't live in Florida, where the doc fee runs as much as $800.

bmw4me2

I was wondering if I could get the money factor and residual for January for 10,000, 12,000 & 15,000 miles for a 2015 RX 350? Also, are they still offering $2,000 lease cash & complimentary 1st months payment? There aren't many 2015's left so I'm hoping I can find one I like and get a good deal. Thanks!

Michaell

bmw4me2 said:

I was wondering if I could get the money factor and residual for January for 10,000, 12,000 & 15,000 miles for a 2015 RX 350? Also, are they still offering $2,000 lease cash & complimentary 1st months payment? There aren't many 2015's left so I'm hoping I can find one I like and get a good deal. Thanks!

57% and .00180. $3000 dealer cash. No complimentary first month's payment.

bmw4me2

Thanks for the quick response!

kazaparu

Michaell said:

bmw4me2 said:

I was wondering if I could get the money factor and residual for January for 10,000, 12,000 & 15,000 miles for a 2015 RX 350? Also, are they still offering $2,000 lease cash & complimentary 1st months payment? There aren't many 2015's left so I'm hoping I can find one I like and get a good deal. Thanks!

57% and .00180. $3000 dealer cash. No complimentary first month's payment.

What is the difference between lease cash and dealer cash?

Michaell

kazaparu said:

Michaell said:

bmw4me2 said:

I was wondering if I could get the money factor and residual for January for 10,000, 12,000 & 15,000 miles for a 2015 RX 350? Also, are they still offering $2,000 lease cash & complimentary 1st months payment? There aren't many 2015's left so I'm hoping I can find one I like and get a good deal. Thanks!

57% and .00180. $3000 dealer cash. No complimentary first month's payment.

What is the difference between lease cash and dealer cash?

Nothing but the name.