Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Did you get a great deal? Let us know in the Values & Prices Paid section!
Meet your fellow owners in our Owners Clubs

2016 Lexus RX350 Lease Questions

soazelectcarsoazelectcar Posts: 7
edited November 2015 in Lexus
Hello! I am considering leasing the 2016 RX350 in SoCal. Any idea on the residual and MF for 36mo/18k year lease? Also, any incentives that folks are aware of? Thanks!
«13456716

Comments

  • kyfdxkyfdx Posts: 119,874

    Hello! I am considering leasing the 2016 RX350 in SoCal. Any idea on the residual and MF for 36mo/18k year lease? Also, any incentives that folks are aware of? Thanks!

    The money factor is .00155, but no residuals yet.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • I got offered MF of 0.00202 and residual of 58% at the local dealership. Also their take was that the vehicle should be at MSRP. Now I realize that the 2016s just came out but come on... What's a good cut at this point - something like invoice + $500?
  • kyfdxkyfdx Posts: 119,874

    I got offered MF of 0.00202 and residual of 58% at the local dealership. Also their take was that the vehicle should be at MSRP. Now I realize that the 2016s just came out but come on... What's a good cut at this point - something like invoice + $500?

    Really.. no clue. I'd lease a 2015 or wait until they are gone. The RX350 is a commodity vehicle for Lexus. They have to move a lot of them. I think once the 2015 option is gone, prices will drop quickly.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdx said:

    Hello! I am considering leasing the 2016 RX350 in SoCal. Any idea on the residual and MF for 36mo/18k year lease? Also, any incentives that folks are aware of? Thanks!

    The money factor is .00155, but no residuals yet.
    This was the offer I received for a 2016 AWD $52k RX350 in NC
    64% Residual 36 Month 12k
    62% Residual 36 Month 15k
    MF .00255

    The money factor looks terrible in this offer. Is .00155 a national or regional offer for their tier 1 category?

    Kyfdx - Thanks for providing great info!
    Soazelectcar - my guess would be in the range of 60% for 36month 18k

  • kyfdxkyfdx Posts: 119,874
    2016rx350 said:

    kyfdx said:

    Hello! I am considering leasing the 2016 RX350 in SoCal. Any idea on the residual and MF for 36mo/18k year lease? Also, any incentives that folks are aware of? Thanks!

    The money factor is .00155, but no residuals yet.
    This was the offer I received for a 2016 AWD $52k RX350 in NC
    64% Residual 36 Month 12k
    62% Residual 36 Month 15k
    MF .00255

    The money factor looks terrible in this offer. Is .00155 a national or regional offer for their tier 1 category?

    Kyfdx - Thanks for providing great info!
    Soazelectcar - my guess would be in the range of 60% for 36month 18k

    I don't have the residuals to confirm, but the dealer can't alter those, anyway.

    Yes, .00155 is the base rate... Looks like your dealer is going for broke, before comparisons start getting made on the web. Take a big pass.

    Don't see any incentives on this model.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdx,
    I am looking to replace my 2013 rx350 with a 2016 when the leasing factors become more favorable.
    I see on the pricing tool that it appears the dealers are already discounting the cost of the car by quite a bit considering the new model. However the leasing factors ( MF and Residuals) are not close to the other Lexus vehicles.
    Do you think this will change in December? If you know what are the factors now in South Florida for a low mileage 7,500 annual and 27, 30, or 36 month term?
    Thank you
  • MichaellMichaell ColoradoPosts: 110,241
    gwarrenfl said:

    kyfdx,
    I am looking to replace my 2013 rx350 with a 2016 when the leasing factors become more favorable.
    I see on the pricing tool that it appears the dealers are already discounting the cost of the car by quite a bit considering the new model. However the leasing factors ( MF and Residuals) are not close to the other Lexus vehicles.
    Do you think this will change in December? If you know what are the factors now in South Florida for a low mileage 7,500 annual and 27, 30, or 36 month term?
    Thank you

    We don't yet have any 2016 RX lease information .. I expect to see them in December.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • What's the MF these days for 16 RX 350 AWD!!!
  • Here is what I got for 16 RX 350 AWD . Money factor .00083 residual $33,285 MSD's 6075 , Selling price $50,509
    For 16 NX MF .00083 , residual 27307 , MSD 4500 .. Are these good offers
  • kyfdxkyfdx Posts: 119,874
    carguy213 said:

    Here is what I got for 16 RX 350 AWD . Money factor .00083 residual $33,285 MSD's 6075 , Selling price $50,509
    For 16 NX MF .00083 , residual 27307 , MSD 4500 .. Are these good offers

    We don't have the numbers to cross reference.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • aman27aman27 Long Island, NYPosts: 45
    I am planning on stopping by a Lexus dealership today in NYC will let you know what info I receive.
  • Do you guys have numbers now to cross reference so I know if I am getting a good deal or not ??
  • MichaellMichaell ColoradoPosts: 110,241
    carguy213 said:

    Do you guys have numbers now to cross reference so I know if I am getting a good deal or not ??

    The December Lexus numbers are in, but still no 2016 RX lease numbers ... :disappointed:

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • kyfdxkyfdx Posts: 119,874
    carguy213 said:

    Do you guys have numbers now to cross reference so I know if I am getting a good deal or not ??

    .00155 MF (so, .00083 MF with max MSDs).

    65% residual for 36/10.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • I got these #'s Money factor .00083 residual $33,285 MSD's 6075 so not sure if this a good deal or not .. How can I tell.
  • Is there any newer current information on the Leases?
  • kyfdxkyfdx Posts: 119,874
    gwarrenfl said:

    Is there any newer current information on the Leases?

    Nope

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdx,
    And others looks like this forum has died at least for the moment.
    Are there still not any decent lease programs on this car?
  • MichaellMichaell ColoradoPosts: 110,241
    gwarrenfl said:

    kyfdx,
    And others looks like this forum has died at least for the moment.
    Are there still not any decent lease programs on this car?

    All we have at the moment is the MF of .00155 for the 2016 RX. No residual information .. perhaps in January.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • x_driverx_driver Posts: 18
    edited December 2015
    gwarrenfl said:
    kyfdx, And others looks like this forum has died at least for the moment. Are there still not any decent lease programs on this car?

    I was offered over 10% discount on MSRP.

    64% residual, 0.00083 reduced MF after $4,xxx refundable MSD. 

    Around $430 /mo including all taxes and fees for a vehicle with MSRP $45,400 and $500 for MSRP $50,000. 


    Seems like a great deal for a newly launched vehicle. 
  • kyfdxkyfdx Posts: 119,874
    x_driver said:


    gwarrenfl said:

    kyfdx,
    And others looks like this forum has died at least for the moment.
    Are there still not any decent lease programs on this car?

    I was offered over 10% discount on MSRP.

    64% residual, 0.00083 reduced MF after $4,xxx refundable MSD. 

    Around $430 /mo including all taxes and fees for a vehicle with MSRP $45,400 and $500 for MSRP $50,000. 


    Seems like a great deal for a newly launched vehicle. 

    Sure does

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • tghoshtghosh Posts: 22
    x_driver said:


    gwarrenfl said:

    kyfdx,
    And others looks like this forum has died at least for the moment.
    Are there still not any decent lease programs on this car?

    I was offered over 10% discount on MSRP.

    64% residual, 0.00083 reduced MF after $4,xxx refundable MSD. 

    Around $430 /mo including all taxes and fees for a vehicle with MSRP $45,400 and $500 for MSRP $50,000. 


    Seems like a great deal for a newly launched vehicle. 

    10% off MSRP? WHERE?! I was at a bay area dealer tonight...looking at one with an msrp of 54,300 (ish). dealer only took 2,000 off. 64% residual for 12k miles.
  • tghosh said:
    gwarrenfl said:
    kyfdx, And others looks like this forum has died at least for the moment. Are there still not any decent lease programs on this car?

    I was offered over 10% discount on MSRP.

    64% residual, 0.00083 reduced MF after $4,xxx refundable MSD. 

    Around $430 /mo including all taxes and fees for a vehicle with MSRP $45,400 and $500 for MSRP $50,000. 


    Seems like a great deal for a newly launched vehicle. 
    10% off MSRP? WHERE?! I was at a bay area dealer tonight...looking at one with an msrp of 54,300 (ish). dealer only took 2,000 off. 64% residual for 12k miles.
    I am in New Jersey, multiple dealers are offering $4,000 to $5,000 discount. 

    Residual is same, 64% for 12k/36 months. 
  • kenger1kenger1 Posts: 22
    Anyone have new numbers for January? We stopped in to a lexus dealer in NY but they were right around MSRP for the exact model we looked at. But were more willing to take 500 - 1000 off MSRP for one without navigation.

    The exact model we looked at was w/ the navigation. Listed MSRP was 51970.
    Numbers they gave me for both 24/36mo and 12k miles:
    MF = .00160
    Res for 24 = 71% (36898)
    Res for 36 = 63% (32741.10)

    Do you guys have any dealer information on the guys in Jersey offering those large discounts on MRSP? I wonder if they can lease to NYS residents. Can anyone verify the dealer numbers they gave me I know they just changed today.

    Thanks!
  • kyfdxkyfdx Posts: 119,874
    kenger1 said:

    Anyone have new numbers for January? We stopped in to a lexus dealer in NY but they were right around MSRP for the exact model we looked at. But were more willing to take 500 - 1000 off MSRP for one without navigation.

    The exact model we looked at was w/ the navigation. Listed MSRP was 51970.
    Numbers they gave me for both 24/36mo and 12k miles:
    MF = .00160
    Res for 24 = 71% (36898)
    Res for 36 = 63% (32741.10)

    Do you guys have any dealer information on the guys in Jersey offering those large discounts on MRSP? I wonder if they can lease to NYS residents. Can anyone verify the dealer numbers they gave me I know they just changed today.

    Thanks!

    Those are the base rates that we show, as well.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • dranciddrancid Posts: 47
    edited January 2016

    Hi. Does someone know 2016 RX450h's lease numbers for 36/12 in California? Thanks in advance.

    My local dealer gave me 0.00200/63% for 36/12. Is this right?

    here's the deal.

    MSRP $57,733

    Discount $3,728

    Discounted Price $54,005

    MF = .00200

    Res = 63% $36371.79

    CC = $56120.53

    Monthly payment with $0 downpayment $800 incl. tax.

  • MichaellMichaell ColoradoPosts: 110,241
    drancid said:

    Hi. Does someone know 2016 RX450h's lease numbers for 36/12 in California? Thanks in advance.

    My local dealer gave me 0.00200/63% for 36/12. Is this right?

    here's the deal.

    MSRP $57,733

    Discount $3,728

    Discounted Price $54,005

    MF = .00200

    Res = 63% $36371.79

    CC = $56120.53

    Monthly payment with $0 downpayment $800 incl. tax.

    Base MF on the 2016 RX400h is .00150, so your dealer has marked that up. I agree with the 63% residual for 36/12.

    Using the .00200 MF, I get a payment of $734/mo + tax; with the .00150 MF, the payment drops to $687/mo + tax.

    $47/mo difference, or almost $1700 over the life of the lease.

    Might be time to reach out to another Lexus dealer. Can't hardly swing a lampshade in CA without hitting a Lexus dealer there.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Has anyone had any luck with getting a good deal on a lease for the 2016 Lexus RX350s with Navigation. My dealer is still asking for MSRP with a one time 500 discount because I am a current Lexus owner... (what bs!) lol
  • dranciddrancid Posts: 47
    johnl617 said:
    Has anyone had any luck with getting a good deal on a lease for the 2016 Lexus RX350s with Navigation. My dealer is still asking for MSRP with a one time 500 discount because I am a current Lexus owner... (what bs!) lol
    I'm in socal. My local dealer offered me about $3000 off from MSRP. This was 2016 RX450h with navi tho.
    MSRP:$57,733.00 


     Savings:
    $3,728.00 
     Price:$54,005.00 

  • ej1111ej1111 Posts: 48
    In NJ i received an offer of 5% off msrp on a $52,230 2016 rx350 with navigation. That made a lease payment of 596 with no money down. Upfronts and first month payment due at signing. Not bad but i haven't committed to it yet.
Sign In or Register to comment.