2017 Lexus RX Lease Deals and Prices

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Comments

  • gb350gb350 Member Posts: 22
    Please provide numbers for RX450H for New York, 36months at 15K per year.

    Thanks,
  • kyfdxkyfdx Moderator Posts: 267,420
    gb350 said:

    Please provide numbers for RX450H for New York, 36months at 15K per year.

    Thanks,

    .00080 MF and 57% residual

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  • adhora19adhora19 Member Posts: 1
    Hello using the documents below can you see if these numbers make sense I get 540 a month when I calculate payments. The taxes are throwing me off. Chicago has a 10.5 percent sales tax and a extra 9%use lease tax. Look forward to your help


  • kyfdxkyfdx Moderator Posts: 267,420
    adhora19 said:

    Hello using the documents below can you see if these numbers make sense I get 540 a month when I calculate payments. The taxes are throwing me off. Chicago has a 10.5 percent sales tax and a extra 9%use lease tax. Look forward to your help


    The tax in the Gross CAP cost is just the 10.5% tax that is collected upfront.
    The other 9% tax is applied to the payment, and collected monthly.
    So, do the calculation using their number, then multiply the payment by 1.09.

    The picture isn't clear enough for me to see all of the numbers.

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  • yanks82yanks82 Member Posts: 16
    How does this quote look?
    2017 RX350
    MSRP: $50,594
    Selling Price: $45,805
    Gross Cap: $48,076 (includes 2 months remaining lease payments of $283, bank fee, doc fee, registration, VIN)
    Cap Cost Reduction: $2800
    Residual: 60%
    Term: 36 months
    Mileage: 7,500
    MF: 0.0008
    State of registration is NY
    Monthly payment quote is $495
    At signing: first month and DMV
  • kyfdxkyfdx Moderator Posts: 267,420
    yanks82 said:

    How does this quote look?
    2017 RX350
    MSRP: $50,594
    Selling Price: $45,805
    Gross Cap: $48,076 (includes 2 months remaining lease payments of $283, bank fee, doc fee, registration, VIN)
    Cap Cost Reduction: $2800
    Residual: 60%
    Term: 36 months
    Mileage: 7,500
    MF: 0.0008
    State of registration is NY
    Monthly payment quote is $495
    At signing: first month and DMV

    I get $475/mo. if the adjusted CAP is $48076 minus $2800.
    What is the adjusted CAP cost?

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  • yanks82yanks82 Member Posts: 16
    The Adjusted Cap Cost is $45,978
  • kyfdxkyfdx Moderator Posts: 267,420
    yanks82 said:

    The Adjusted Cap Cost is $45,978

    That gives me $495/mo. I'd want to know what accounts for the other $700

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  • yanks82yanks82 Member Posts: 16
    This is based on the information from the dealer's quote. Does this make any more sense?
    MF: 0.0008
    Term: 36 months
    MSRP: $50,594
    Residual: 60%
    Selling Price: $45,805
    Aftersale: $600 (2 months of remaining Audi lease payments)
    Bank Fee Capped: $795
    Total Cap Reduction: $2,800
    Adjusted Cap Cost: $45,978.02
    Registration: $175
    Other Fees: $701 (includes $499 doc fee and $199 VIN fee for Connecticut)
    Total Sales Tax: $1,903.47
  • gb350gb350 Member Posts: 22
    The incentives pages shows the RX has $1800 customer cash lease bonus.

    However, I'm hearing this maybe incorrect and instead $1500 lease cash.

    $750 Loyalty Bonus.

    Is there anyway to verify this?
  • kyfdxkyfdx Moderator Posts: 267,420
    yanks82 said:

    This is based on the information from the dealer's quote. Does this make any more sense?
    MF: 0.0008
    Term: 36 months
    MSRP: $50,594
    Residual: 60%
    Selling Price: $45,805
    Aftersale: $600 (2 months of remaining Audi lease payments)
    Bank Fee Capped: $795
    Total Cap Reduction: $2,800
    Adjusted Cap Cost: $45,978.02
    Registration: $175
    Other Fees: $701 (includes $499 doc fee and $199 VIN fee for Connecticut)
    Total Sales Tax: $1,903.47

    If you can get the numbers to add up, that's great..

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  • kyfdxkyfdx Moderator Posts: 267,420
    gb350 said:

    The incentives pages shows the RX has $1800 customer cash lease bonus.

    However, I'm hearing this maybe incorrect and instead $1500 lease cash.

    $750 Loyalty Bonus.

    Is there anyway to verify this?

    We only have Southern and Western regional programs, this month.
    They both show $2000 lease cash
    Western Region has $750 loyalty, Southern has $500.

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  • pinklady1972pinklady1972 Member Posts: 3
    Hello,

    Could I please get the RV for a 2017 RX350 F-Sport in Washington State?

    Thanks in advance!
  • kyfdxkyfdx Moderator Posts: 267,420

    Hello,

    Could I please get the RV for a 2017 RX350 F-Sport in Washington State?

    Thanks in advance!

    .00080 MF and 57% residual for 36/15
    $2000 lease cash

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  • socalguy6socalguy6 Member Posts: 2
    May I please get the current residuals/money factor for the RX350 FWD in Southern California, 36/12 and 36/15. The dealer website is showing $1500 lease cash ending 7/31/17. 

    I've been reading about buying down the rate with MSD. How much is each security deposit? 

    Thank you!!


  • kyfdxkyfdx Moderator Posts: 267,420
    socalguy6 said:

    May I please get the current residuals/money factor for the RX350 FWD in Southern California, 36/12 and 36/15. The dealer website is showing $1500 lease cash ending 7/31/17. 

    I've been reading about buying down the rate with MSD. How much is each security deposit? 

    Thank you!!


    .00080 MF and 58%/56% residual
    We show $2000 lease cash for the Western Region.
    Residuals are locked in for the quarter, but the rest of the lease program expires on 07/31, that is true.

    Don't have the details on the Lexus MSD program. Seems like it might be .00008 X 9 deposits, but that memory is sort of foggy.

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  • pinklady1972pinklady1972 Member Posts: 3

    Hello,

    Could I please get the RV for a 2017 RX350 F-Sport in Washington State?

    Thanks in advance!

    Sorry, forgot to put that this was for 36/10. Thanks again!
  • kyfdxkyfdx Moderator Posts: 267,420

    Hello,

    Could I please get the RV for a 2017 RX350 F-Sport in Washington State?

    Thanks in advance!

    Sorry, forgot to put that this was for 36/10. Thanks again!
    Add 3% to the 36/15 residual

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  • ajw78ajw78 Member Posts: 35
    Should we still be adding 1% this month for F-Sport on both the 350 and the 450h?
  • kyfdxkyfdx Moderator Posts: 267,420
    ajw78 said:

    Should we still be adding 1% this month for F-Sport on both the 350 and the 450h?

    Just for the 350

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  • AprelAprel Member Posts: 6
    What kind of discount off of sticker should we expect for a RX450H in the North East US. Sticker is slightly north of $57K. The lease rate for 36M/30K Miles is $499 with 4K down.
  • MichaellMichaell Moderator Posts: 263,601
    Aprel said:

    What kind of discount off of sticker should we expect for a RX450H in the North East US. Sticker is slightly north of $57K. The lease rate for 36M/30K Miles is $499 with 4K down.

    We can't help you with pricing....

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  • tekam11tekam11 Member Posts: 4
    edited July 2017
    $500 month
    42 months
    12k miles per year 42k miles total
    4725 msd escrow
    In NJ 

    Should i ask for anything else?
    Is wear and tear usually included?
    Am i responsible for tires?

    I never worked with lexus before thanks for the help


    Optional Equipment
    Blind Spot Monitor, Intuitive Parking Assist, Rear Cross Traffic Alert & Automatic Braking
    $1,065.00

    Heated and Ventilated Front Seats $640.00 Heated Leather Steering Wheel $150.00 Matte Linear Dark Mocha Interior Trim $400.00 Moonroof $1,100.00 Premium Package Includes: Leather Trim Seats, Power-folding Outside Mirrors, Driver's Seat/Steering Wheel/Mirror Memory, Aluminum Roof Rails
    $960.00
    Touch Free Power Rear Door $200.00 Towing Prep Pkg: Transmission Cooler, Heavy Duty Alternator/Radiator (does not include ball mount)
    $265.00
    All Weather Floor Liners with Cargo Tray
    $229.00
    Cargo Net,Cargo Mat,Wheel Locks & Key Glove
    $299.00
    Total Optional Equipment $5,308.00 Vehicle Base Model $44,520.00 Delivery Processing and Handling
    $995.00
    Total MSRP* $50,823.00
  • MichaellMichaell Moderator Posts: 263,601
    tekam11 said:

    $500 month
    42 months
    12k miles per year 42k miles total
    4725 msd escrow
    In NJ 

    Should i ask for anything else?
    Is wear and tear usually included?
    Am i responsible for tires?

    I never worked with lexus before thanks for the help


    Optional Equipment
    Blind Spot Monitor, Intuitive Parking Assist, Rear Cross Traffic Alert & Automatic Braking
    $1,065.00

    Heated and Ventilated Front Seats $640.00 Heated Leather Steering Wheel $150.00 Matte Linear Dark Mocha Interior Trim $400.00 Moonroof $1,100.00 Premium Package Includes: Leather Trim Seats, Power-folding Outside Mirrors, Driver's Seat/Steering Wheel/Mirror Memory, Aluminum Roof Rails
    $960.00
    Touch Free Power Rear Door $200.00 Towing Prep Pkg: Transmission Cooler, Heavy Duty Alternator/Radiator (does not include ball mount)
    $265.00
    All Weather Floor Liners with Cargo Tray
    $229.00
    Cargo Net,Cargo Mat,Wheel Locks & Key Glove
    $299.00
    Total Optional Equipment $5,308.00 Vehicle Base Model $44,520.00 Delivery Processing and Handling
    $995.00
    Total MSRP* $50,823.00
    MSDs are always a good idea.

    Wear and tear is not included; if you take good care of your cars, you shouldn't need an extra policy.

    You will be responsible for tires.

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  • tekam11tekam11 Member Posts: 4
    Thank you for getting back. What do you think about the payment and term? 
  • MichaellMichaell Moderator Posts: 263,601
    tekam11 said:

    Thank you for getting back. What do you think about the payment and term? 

    What is the selling price and/or adjusted cap on your deal?

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  • jeymzjncjeymzjnc Member Posts: 3
    I need confirmation on monthly payment calculation for a lease.
    2017 RX 350 - $48,929 MSRP
    Negotiated to $47,000 out the door
    36mo/15k
    MF - .0008
    56% residual
    7.75% CA sales tax
    $650.76 / month

    Did I calculate this right?
    Should I negotiate further on the OTD price, or is this fair?
    Thanks in advance.
  • spidpooyspidpooy Member Posts: 182
    jeymzjnc said:

    I need confirmation on monthly payment calculation for a lease.
    2017 RX 350 - $48,929 MSRP
    Negotiated to $47,000 out the door
    36mo/15k
    MF - .0008
    56% residual
    7.75% CA sales tax
    $650.76 / month

    Did I calculate this right?
    Should I negotiate further on the OTD price, or is this fair?
    Thanks in advance.


    This is a bad deal IMO. People are getting 10-13% off MSRP in CA for this vehicle (on the more expensive packages).
  • MichaellMichaell Moderator Posts: 263,601
    jeymzjnc said:

    I need confirmation on monthly payment calculation for a lease.
    2017 RX 350 - $48,929 MSRP
    Negotiated to $47,000 out the door
    36mo/15k
    MF - .0008
    56% residual
    7.75% CA sales tax
    $650.76 / month

    Did I calculate this right?
    Should I negotiate further on the OTD price, or is this fair?
    Thanks in advance.

    How much is due at signing.

    We don't track pricing - use the "make / model / year" pull downs at the top of the page to link to the price tools.

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  • jeymzjncjeymzjnc Member Posts: 3
    Michaell said:
    I need confirmation on monthly payment calculation for a lease. 2017 RX 350 - $48,929 MSRP Negotiated to $47,000 out the door 36mo/15k MF - .0008 56% residual 7.75% CA sales tax $650.76 / month Did I calculate this right? Should I negotiate further on the OTD price, or is this fair? Thanks in advance.
    How much is due at signing. We don't track pricing - use the "make / model / year" pull downs at the top of the page to link to the price tools.
    Sorry forgot to mention $0 down.
    I'm using a lease calculator app and worried im not calculating all this right. 
  • kyfdxkyfdx Moderator Posts: 267,420
    jeymzjnc said:


    Michaell said:

    jeymzjnc said:

    I need confirmation on monthly payment calculation for a lease.
    2017 RX 350 - $48,929 MSRP
    Negotiated to $47,000 out the door
    36mo/15k
    MF - .0008
    56% residual
    7.75% CA sales tax
    $650.76 / month

    Did I calculate this right?
    Should I negotiate further on the OTD price, or is this fair?
    Thanks in advance.

    How much is due at signing.

    We don't track pricing - use the "make / model / year" pull downs at the top of the page to link to the price tools.

    Sorry forgot to mention $0 down.
    I'm using a lease calculator app and worried im not calculating all this right. 

    Your calculations look pretty good.

    But, if you negotiated an OTD purchase that includes tax, you don't want to use that number to calculate the lease. CA taxes the monthly payment on a lease, so the tax portion of an OTD purchase number wouldn't apply.

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  • girlbuggirlbug Member Posts: 19
    Hi there,

    Could you please give me lease numbers for 2017 RX 350 AWD in Colorado 36/10kmiles and 39/10k miles

    And a 2017 NX AWD in Colorado 36/10 and 39/10

    Thank you
  • kyfdxkyfdx Moderator Posts: 267,420
    girlbug said:

    Hi there,

    Could you please give me lease numbers for 2017 RX 350 AWD in Colorado 36/10kmiles and 39/10k miles

    And a 2017 NX AWD in Colorado 36/10 and 39/10

    Thank you

    .00080 MF and 59%/57% residual
    $2000 lease cash

    NX discussion is here:
    https://forums.edmunds.com/discussion/43327/lexus/nx-200t/2017-lexus-nx-lease-questions#latest

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  • marc68marc68 Member Posts: 69
    Could you please let me know what is the money factor and residual on a 2017 RX350 F Sport for 24m/10k.
    Also, how much off sticker is the dealer invoice? Thanks
  • MichaellMichaell Moderator Posts: 263,601
    marc68 said:

    Could you please let me know what is the money factor and residual on a 2017 RX350 F Sport for 24m/10k.
    Also, how much off sticker is the dealer invoice? Thanks

    .00080 and 67%

    $2000 lease cash.

    We don't track pricing - use the make / model / year pull downs at the top of the page to link to the price tools.

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  • gatorsf76gatorsf76 Member Posts: 46
    What are the current MF and residuals for 36mo 15k/18k annual on a FWD RX 350 with a mid to high level package - $57k MSRP? I'm in Southern Florida.

    What are people currently seeing as discounts off of MSRP (other than the lease and loyalty cash)?

    Thanks in advance
  • MichaellMichaell Moderator Posts: 263,601
    gatorsf76 said:

    What are the current MF and residuals for 36mo 15k/18k annual on a FWD RX 350 with a mid to high level package - $57k MSRP? I'm in Southern Florida.

    What are people currently seeing as discounts off of MSRP (other than the lease and loyalty cash)?

    Thanks in advance

    .00080 and 56% for 36/15.

    Extra miles will cost you .20/mile, deducted from the 15K residual.

    No pricing help - read back through the last page or two of posts to see what others have paid.

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  • gatorsf76gatorsf76 Member Posts: 46


    .00080 and 56% for 36/15.

    Extra miles will cost you .20/mile, deducted from the 15K residual.

    No pricing help - read back through the last page or two of posts to see what others have paid.


    Thanks
  • pkchobanpkchoban Member Posts: 5
    Long time first time here - I'm in Mass looking at a 2017 RX350 AWD Base Below is what I received back from the dealer - I asked for MF and RV, all he came back with was he included 1,800 in cash rebate. Ignored the other questions. Any recommendations? Any folks have a dealer/salesman in RI/MA that they like to work with?

    I have provided a quote for your other stock number. Your cap cost n the vehicle below is $45,477.46.

    Please see attachment for information on vehicle listed below.


    Year: 2017
    Make: Lexus
    Model: RX350
    Stock Number: H2021400
    MSRP: $54,074.00
    Savings: $4,949.00

    ePrice*: $49,125.00
    Lease terms: 36 months / 10,000 miles per year

    $0.00 due at signing - $678.98 per month
    $2,000.00 due at signing - $613.61 per month
    $4,000.00 due at signing - $552.48 per month


    * e-Price excludes taxes, tags and $495 processing fee. Price includes any available rebates and may not be combined with any other offers. RI state tax needs to be verified by our business managers.
  • MichaellMichaell Moderator Posts: 263,601
    pkchoban said:

    Long time first time here - I'm in Mass looking at a 2017 RX350 AWD Base Below is what I received back from the dealer - I asked for MF and RV, all he came back with was he included 1,800 in cash rebate. Ignored the other questions. Any recommendations? Any folks have a dealer/salesman in RI/MA that they like to work with?

    I have provided a quote for your other stock number. Your cap cost n the vehicle below is $45,477.46.

    Please see attachment for information on vehicle listed below.


    Year: 2017
    Make: Lexus
    Model: RX350
    Stock Number: H2021400
    MSRP: $54,074.00
    Savings: $4,949.00

    ePrice*: $49,125.00
    Lease terms: 36 months / 10,000 miles per year

    $0.00 due at signing - $678.98 per month
    $2,000.00 due at signing - $613.61 per month
    $4,000.00 due at signing - $552.48 per month


    * e-Price excludes taxes, tags and $495 processing fee. Price includes any available rebates and may not be combined with any other offers. RI state tax needs to be verified by our business managers.

    .00080 and 58%

    With the MSRP and cap cost provided, I get $453/mo plus tax.

    Ask the dealer for the "adjusted" cap cost, and how they get to that number from the ePrice they've provided.

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  • pkchobanpkchoban Member Posts: 5
    Michaell said:

    pkchoban said:

    Long time first time here - I'm in Mass looking at a 2017 RX350 AWD Base Below is what I received back from the dealer - I asked for MF and RV, all he came back with was he included 1,800 in cash rebate. Ignored the other questions. Any recommendations? Any folks have a dealer/salesman in RI/MA that they like to work with?

    I have provided a quote for your other stock number. Your cap cost n the vehicle below is $45,477.46.

    Please see attachment for information on vehicle listed below.


    Year: 2017
    Make: Lexus
    Model: RX350
    Stock Number: H2021400
    MSRP: $54,074.00
    Savings: $4,949.00

    ePrice*: $49,125.00
    Lease terms: 36 months / 10,000 miles per year

    $0.00 due at signing - $678.98 per month
    $2,000.00 due at signing - $613.61 per month
    $4,000.00 due at signing - $552.48 per month


    * e-Price excludes taxes, tags and $495 processing fee. Price includes any available rebates and may not be combined with any other offers. RI state tax needs to be verified by our business managers.

    .00080 and 58%

    With the MSRP and cap cost provided, I get $453/mo plus tax.

    Ask the dealer for the "adjusted" cap cost, and how they get to that number from the ePrice they've provided.
    Is that with 0 down you get 453?
  • MichaellMichaell Moderator Posts: 263,601
    pkchoban said:

    Michaell said:

    pkchoban said:

    Long time first time here - I'm in Mass looking at a 2017 RX350 AWD Base Below is what I received back from the dealer - I asked for MF and RV, all he came back with was he included 1,800 in cash rebate. Ignored the other questions. Any recommendations? Any folks have a dealer/salesman in RI/MA that they like to work with?

    I have provided a quote for your other stock number. Your cap cost n the vehicle below is $45,477.46.

    Please see attachment for information on vehicle listed below.


    Year: 2017
    Make: Lexus
    Model: RX350
    Stock Number: H2021400
    MSRP: $54,074.00
    Savings: $4,949.00

    ePrice*: $49,125.00
    Lease terms: 36 months / 10,000 miles per year

    $0.00 due at signing - $678.98 per month
    $2,000.00 due at signing - $613.61 per month
    $4,000.00 due at signing - $552.48 per month


    * e-Price excludes taxes, tags and $495 processing fee. Price includes any available rebates and may not be combined with any other offers. RI state tax needs to be verified by our business managers.

    .00080 and 58%

    With the MSRP and cap cost provided, I get $453/mo plus tax.

    Ask the dealer for the "adjusted" cap cost, and how they get to that number from the ePrice they've provided.
    Is that with 0 down you get 453?
    I used the prices provided by you, and assumed no down payment

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  • lexusrx351lexusrx351 Member Posts: 3
    Michael,
    what is the residual on 2017 RX 350 F sport for July?
  • MichaellMichaell Moderator Posts: 263,601

    Michael,
    what is the residual on 2017 RX 350 F sport for July?

    .00080 MF

    What lease term and how many miles per year?

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  • lexusrx351lexusrx351 Member Posts: 3
    35/12, 36/15, I am in Va, trying to get F sport, msrp 56400, they are willing to take 7000 k off, trying to see what the payment should be
  • MichaellMichaell Moderator Posts: 263,601

    35/12, 36/15, I am in Va, trying to get F sport, msrp 56400, they are willing to take 7000 k off, trying to see what the payment should be

    35/12, 36/15, I am in Va, trying to get F sport, msrp 56400, they are willing to take 7000 k off, trying to see what the payment should be

    59% / 57%

    With the prices you've supplied, I get $514/mo, assuming all taxes and fees are paid when the contract is signed.

    Be advised, VA taxes the entire selling price, even for a lease.

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  • lexusrx351lexusrx351 Member Posts: 3
    Can you see what will be monthly if I put down only the first payment? Thank you much!
  • kyfdxkyfdx Moderator Posts: 267,420

    Can you see what will be monthly if I put down only the first payment? Thank you much!

    We don't know your taxes and fees. Get that information from the dealer.

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  • ojulesxojulesx Member Posts: 1
    I'm looking into leasing a RX 350 F sport FWD in Florida.

    MSRP $52,679.
    Selling the price $49,851.
    The tag/registration, dealer service fee, and electronic filing come out to $1384.
    I would like a 36 mo/12k miles lease.
    With $2000 lease rebate, the price they gave was:
    - 5000 down, $541/month
    - 7500 down, $465/month
    - 10000 down, $389/month

    They said MF .00100 and 59% residual. 
    Is that the current MF and residual? If so, the monthly lease price seemed too high. Would appreciate anyone's input on this. Thanks. 

  • MichaellMichaell Moderator Posts: 263,601
    ojulesx said:

    I'm looking into leasing a RX 350 F sport FWD in Florida.

    MSRP $52,679.
    Selling the price $49,851.
    The tag/registration, dealer service fee, and electronic filing come out to $1384.
    I would like a 36 mo/12k miles lease.
    With $2000 lease rebate, the price they gave was:
    - 5000 down, $541/month
    - 7500 down, $465/month
    - 10000 down, $389/month

    They said MF .00100 and 59% residual. 
    Is that the current MF and residual? If so, the monthly lease price seemed too high. Would appreciate anyone's input on this. Thanks. 

    .00080 and 59%

    MF is marked up.

    $5000 down is way too much on a lease - you really only want to pay first payment and DMV/Registration costs. Add the dealer and acquisition fees into the lease, and ask the dealer for the adjusted cap cost.

    Ask is, your prices give me a payment of $586/mo, plus tax.

    That quote is so bad on so many levels.

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

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