Hi. I am looking into leasing a new RX and I saw this offer here in FL: $419* MO. 36 MOS. $3,279* DUE AT SIGNING. Offer based on MSRP of $43,040 including delivery, processing and handling. How did they get to that monthly payment? The only models available in the dealer are with a higher MSRP of 50,000 I am new in the leasing game and I will be trading a 2013 Nissan Altima to use as payment etc.
Hi. I am looking into leasing a new RX and I saw this offer here in FL: $419* MO. 36 MOS. $3,279* DUE AT SIGNING. Offer based on MSRP of $43,040 including delivery, processing and handling. How did they get to that monthly payment? The only models available in the dealer are with a higher MSRP of 50,000 I am new in the leasing game and I will be trading a 2013 Nissan Altima to use as payment etc.
$1770 discount from MSRP .00130 MF 63% residual
Due at signing: $2160 downpayment $700 acquisition fee $419 first payment
I went to another dealer and got the following deal:
2016 RX350 with Premium Package and 12.1 Nav Lease for 15K for 36 months MSRP: 51634 - $47011 Upfront: 1100 (everything else rolled into monthly) Lease: $596 per month Sales Tax: $1926.86 Tax: 8.65% MF: 0.00130 No Rebates this month Residual: 60% ($30980)
Lease for 12,000 / 36 mos MSRP 50,583 SP 46,783 Residual 63% Residual Amount 31,361 MF 0.00130 Cap Cost: 47,483 (700 admin fee included) I will be giving 2,500 and the monthly they gave me is 558/month (includes tax) Do you guys think this is a good deal? It's my first lease. Thanks for all the good info; I learned a lot today (head hurts).
Lease for 12,000 / 36 mos MSRP 50,583 SP 46,783 Residual 63% Residual Amount 31,361 MF 0.00130 Cap Cost: 47,483 (700 admin fee included) I will be giving 2,500 and the monthly they gave me is 558/month (includes tax) Do you guys think this is a good deal? It's my first lease. Thanks for all the good info; I learned a lot today (head hurts).
Ok, this is what I got today. I am in FL
Lease for 12,000 / 36 mos
MSRP 50,583
SP 46,783
Residual 63%
Residual Amount 31,361
MF 0.00130
Cap Cost: 47,483 (700 admin fee included)
I will be giving 2,500 and the monthly they gave me is 558/month (includes tax)
Do you guys think this is a good deal? It's my first lease. Thanks for all the good info; I learned a lot today (head hurts).
Congrats on the new Lexus!
Michaell, I failed to mention that it is a current offer. I have not agreed yet. Are the numbers right? The monthly?
Lease for 12,000 / 36 mos MSRP 50,583 SP 46,783 Residual 63% Residual Amount 31,361 MF 0.00130 Cap Cost: 47,483 (700 admin fee included) I will be giving 2,500 and the monthly they gave me is 558/month (includes tax) Do you guys think this is a good deal? It's my first lease. Thanks for all the good info; I learned a lot today (head hurts).
What does the $2500 cover?
I get $537/mo before tax using your MSRP and Cap Cost; assuming 6% tax, payment is $569/mo.
I got these terms from the dealer on 36/10 - 2016 RX350, assuming MF is
MSRP $52,129.00 Residual Value $32,841.27 Selling Price $46,348.00 (a discount of $5,781 off MSRP) Cash Down $2,000.00 Monthly with taxes $507.23 Tax Rate 6.25%
he says that all fees, cash down, taxes are applied to the monthly.
so I assume that the $1,975 fees are added on top of the selling price. Net Cap Cost would be = 48,323.
That is how I come up with the same $507.23 when I add the "cost" of $1,975 and MF .0013. Is my math correct? It seems a good deal. Do you think?
I got these terms from the dealer on 36/10 - 2016 RX350, assuming MF is
MSRP $52,129.00 Residual Value $32,841.27 Selling Price $46,348.00 (a discount of $5,781 off MSRP) Cash Down $2,000.00 Monthly with taxes $507.23 Tax Rate 6.25%
he says that all fees, cash down, taxes are applied to the monthly.
so I assume that the $1,975 fees are added on top of the selling price. Net Cap Cost would be = 48,323.
That is how I come up with the same $507.23 when I add the "cost" of $1,975 and MF .0013. Is my math correct? It seems a good deal. Do you think?
If I use the $48,323 as the adjusted cap cost, then I get a payment of $569/mo. Using the selling price, I get $508/mo. Both payments are with tax included.
should I not adding the $2000 cash down to the monthly? It would bring the monthly down to $507.23... is the monthly fair?
We don't recommend making a cash down payment on a lease - that money would be lost if the car is stolen or totaled. And, it gives you a false sense of what your true cost of the lease is.
We wouldn't recommend using the trade equity as capitalized cost reduction. If the car is stolen or totaled, you would lose that money. You might want to look into making multiple security deposits instead to lower the money factor.
Hi @kyfdx and @Michaell - may I get the numbers, once available, for a 2016 RX350 F SPORT 15k/36months in NJ? Are there shorter lease terms which may offer a better lease, to your knowledge? e.g. 30 months.
Hi @kyfdx and @Michaell - may I get the numbers, once available, for a 2016 RX350 F SPORT 15k/36months in NJ? Are there shorter lease terms which may offer a better lease, to your knowledge? e.g. 30 months.
.00120 MF and 59% residual for 36/15.
36 months looks to be the best term.
There may be complimentary 1st payment given this month.
Hi @kyfdx and @Michaell - may I get the numbers, once available, for a 2016 RX350 F SPORT 15k/36months in NJ? Are there shorter lease terms which may offer a better lease, to your knowledge? e.g. 30 months.
.00120 MF and 59% residual for 36/15.
36 months looks to be the best term.
There may be complimentary 1st payment given this month.
Thanks - do you know by what amount I should reduce the MF with addition of multiple security deposits? I remember there was a fix of -.XX per each security deposit.
Hi @kyfdx and @Michaell - may I get the numbers, once available, for a 2016 RX350 F SPORT 15k/36months in NJ? Are there shorter lease terms which may offer a better lease, to your knowledge? e.g. 30 months.
.00120 MF and 59% residual for 36/15.
36 months looks to be the best term.
There may be complimentary 1st payment given this month.
Thanks - do you know by what amount I should reduce the MF with addition of multiple security deposits? I remember there was a fix of -.XX per each security deposit.
It might be 9 X .00008 for a total reduction of .00072 (seems like that is right).
Hello. Lexus just come up with "Golden Opportunity Sales Event" program up to $700. There are any changes with lease numbers for July? Also any rebates or incentives for RX 350? I heard that, they should have some loyalty rebates. Thank you in advance!
Hello. Lexus just come up with "Golden Opportunity Sales Event" program up to $700. There are any changes with lease numbers for July? Also any rebates or incentives for RX 350? I heard that, they should have some loyalty rebates. Thank you in advance!
Can anyone comment on this lease deal in CT? Any incentives I should ask? I need to negotiate on the Residual, so what what would be the right Residual for 27month/12k
(Nav 12", Safety System, cold weather package, moon roof and some basics included)
2016 RX350 F Sport, 27 months/12K MSRP:$55,689.00 Sales Price: $50,500.00 - Is this a good price? MF: .00120 Residual: 68% Cash due at signing is less the first payment, which is waived under the current program. $1,653.06 Monthly car payment: 618/month
Can anyone comment on this lease deal in CT? Any incentives I should ask? I need to negotiate on the Residual, so what what would be the right Residual for 27month/12k
(Nav 12", Safety System, cold weather package, moon roof and some basics included)
2016 RX350 F Sport, 27 months/12K MSRP:$55,689.00 Sales Price: $50,500.00 - Is this a good price? MF: .00120 Residual: 68% Cash due at signing is less the first payment, which is waived under the current program. $1,653.06 Monthly car payment: 618/month
I show the 27/12 residual as 67%. Make sure they aren't quoting you 27/10. Dealers cannot alter the LFS residuals.
The price looks good. You could save $35-$40 per month, by going with a 36 month lease.
Comments
$419* MO.
36 MOS.
$3,279* DUE AT SIGNING.
Offer based on MSRP of $43,040 including delivery, processing and handling.
How did they get to that monthly payment? The only models available in the dealer are with a higher MSRP of 50,000
I am new in the leasing game and I will be trading a 2013 Nissan Altima to use as payment etc.
.00130 MF
63% residual
Due at signing:
$2160 downpayment
$700 acquisition fee
$419 first payment
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I went to another dealer and got the following deal:
2016 RX350 with Premium Package and 12.1 Nav
Lease for 15K for 36 months
MSRP: 51634 - $47011
Upfront: 1100 (everything else rolled into monthly)
Lease: $596 per month
Sales Tax: $1926.86
Tax: 8.65%
MF: 0.00130
No Rebates this month
Residual: 60% ($30980)
What do you guys think? Thanks!
Lease for 12,000 / 36 mos
MSRP 50,583
SP 46,783
Residual 63%
Residual Amount 31,361
MF 0.00130
Cap Cost: 47,483 (700 admin fee included)
I will be giving 2,500 and the monthly they gave me is 558/month (includes tax)
Do you guys think this is a good deal? It's my first lease. Thanks for all the good info; I learned a lot today (head hurts).
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I get $537/mo before tax using your MSRP and Cap Cost; assuming 6% tax, payment is $569/mo.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MSRP $52,129.00
Residual Value $32,841.27
Selling Price $46,348.00 (a discount of $5,781 off MSRP)
Cash Down $2,000.00
Monthly with taxes $507.23
Tax Rate 6.25%
he says that all fees, cash down, taxes are applied to the monthly.
so I assume that the $1,975 fees are added on top of the selling price. Net Cap Cost would be = 48,323.
That is how I come up with the same $507.23 when I add the "cost" of $1,975 and MF .0013. Is my math correct? It seems a good deal. Do you think?
So, something doesn't seem to add up.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Could I get the MF and residual for an RX350 AWD for 12k and 15k at 36 months? I live in Kansas.
Thank you so much! -Nathan
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No incentives that we see.
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What will be the lease numbers in New Jersey for 7.5K miles per year, 36 month?
Thanks in advance.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2016 RX250, 27 months/12K
MSRP: 48,764
Gross Capitalized Cost: 45,912 (45,212 + 700 Acquisition fee)
Capitalized Cost Reduction (trade in): 8,257
MF: .00130
Residual: 62%
CT Sales Tax: 6.35% (rolled into payments)
Total Due upfront: 1st month payment + DMV: 470
Monthly payments: 275.00
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
36 months looks to be the best term.
There may be complimentary 1st payment given this month.
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Complimentary first payment, up to $700
No other incentives, that we see.
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thank you
No 2015 lease information.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
All RX350s have the same program.
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(Nav 12", Safety System, cold weather package, moon roof and some basics included)
2016 RX350 F Sport, 27 months/12K
MSRP:$55,689.00
Sales Price: $50,500.00 - Is this a good price?
MF: .00120
Residual: 68%
Cash due at signing is less the first payment, which is waived under the current program. $1,653.06
Monthly car payment: 618/month
Since we only have one region's documents this month, can't tell you what those differences might be.
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The price looks good. You could save $35-$40 per month, by going with a 36 month lease.
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