2016 RX350 April Lease Question - Residual & MF

richardpark17

Hi,

Anybody have the Residual & MF for:

2016 RX350 (Optioned out) or (Base)

12k/24 or 12k/36

I plan to purchase the car after lease is over - would it be better if we just put 7500 miles/36? Only reason why we're leasing now is because, don't want to drop that money right now.

Many Thanks!

kyfdx

richardpark17 said:

Hi,

Anybody have the Residual & MF for:

2016 RX350 (Optioned out) or (Base)

12k/24 or 12k/36

I plan to purchase the car after lease is over - would it be better if we just put 7500 miles/36? Only reason why we're leasing now is because, don't want to drop that money right now.

Many Thanks!

.00130 MF and 69%/62% residual.

Go for the mileage allowance you'll need. That way, you'll keep your options open at lease end, rather than feeling obligated to buy, just to avoid a large mileage penalty.

You'll actually come out ahead by getting the larger mileage allowance. The finance charges will be less, because you'll be paying down the car faster. And, the buyout will be less, making your future payments smaller, as well.