2017 Lexus RX Lease Deals and Prices

1171820222330

Comments

  • jeffro1975jeffro1975 Member Posts: 3
    i was wanting to get into SUV. Below is screen shot of the work up.
    this is out of Dallas TX. Tax rate 6.25%




  • kyfdxkyfdx Moderator Posts: 267,571

    Hello,

    Can you please provide MF and Residual on the 2017 RX 450h Sport AWD? (SoCal)

    Dealer quoted me the following and it smells fishy to me. I didn't take the deal yet and was hoping you guys could help.

    MSRP: 62,980

    Discount: 1,000
    Rebate: 2,000
    Adjusted Price: 59,980
    Permaplate: 595
    Total Purchase: 60,575
    Doc Fee: 80
    Tax: 441.73
    Non Tax Fees: 555.75
    Net Price: 61,652.48

    LEASE DEAL OFFERED:

    24/7.5 (5k down) - $1,006/month
    36/7.5 (5k down) - $999/month
    48/7.5 (5k down) - $811/month

    I feel like this is a very bad deal and they're trying to screw me somewhere. They're telling me I'm not top tier credit (which is true) but still... The discount ($1,000) seems very low to me and the deal simply doesn't look good in general. Where am I being fooled? Any advice on what I should tell them?

    Thanks so much for any opinion/help!

    65%/58%/49% residual
    .00020 MF
    $2000 lease cash

    You are correct in your assumptions. $1000 off is pitiful.
    You aren't being fooled, unless you take the deal. Find another dealer. There are probably 10 of them nearby in SoCal.

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  • kyfdxkyfdx Moderator Posts: 267,571

    i was wanting to get into SUV. Below is screen shot of the work up.
    this is out of Dallas TX. Tax rate 6.25%




    It doesn't make any financial sense to trade out of a lease with $11,000 of negative equity.
    When you see that number, you just keep driving what you have.

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  • mkvigtimkvigti Member Posts: 63
    Could I please get the lease numbers for the RX350 AWD for 12/36 and 10/36 in NY.

    Thank you.
  • MichaellMichaell Moderator Posts: 264,093
    mkvigti said:

    Could I please get the lease numbers for the RX350 AWD for 12/36 and 10/36 in NY.

    Thank you.

    .00001 and 55% / 56%
    $2500 lease cash

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  • Kirstie_HKirstie_H Administrator Posts: 11,242
    Are you thinking of buying for a new a car as a gift for a spouse, child or someone else this holiday season? Or are you considering buying a new vehicle before the end of the year because you think now is the best time to get a great deal? If either of these apply to you, a reporter would love to chat with you. Please send a note to PR@edmunds.com if you'd be willing to speak to a reporter on these topics by Friday, November 10, 2017. Thanks!

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  • topgearfantopgearfan Member Posts: 16
    Hi! Can you provide the RV, MF, and lease incentives for an RX450h AWD F-Sport. Not sure if these are similar to the RX350. I was originally considering the RX350 but now exploring the hybrid option. I'm in Maryland, and thinking about a 36/15k lease. Thank you!
  • MichaellMichaell Moderator Posts: 264,093

    Hi! Can you provide the RV, MF, and lease incentives for an RX450h AWD F-Sport. Not sure if these are similar to the RX350. I was originally considering the RX350 but now exploring the hybrid option. I'm in Maryland, and thinking about a 36/15k lease. Thank you!

    54% and .00010
    $2000 lease cash

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  • jeffro1975jeffro1975 Member Posts: 3
    i want to get into SUV, i'm out of Dallas TX, rate 6.25%
    below is the work up.

    kyfdx said:

    i was wanting to get into SUV. Below is screen shot of the work up.
    this is out of Dallas TX. Tax rate 6.25%




    It doesn't make any financial sense to trade out of a lease with $11,000 of negative equity.
    When you see that number, you just keep driving what you have.
    kyfdx said:

    i was wanting to get into SUV. Below is screen shot of the work up.
    this is out of Dallas TX. Tax rate 6.25%




    It doesn't make any financial sense to trade out of a lease with $11,000 of negative equity.
    When you see that number, you just keep driving what you have.
    kyfdx said:

    i was wanting to get into SUV. Below is screen shot of the work up.
    this is out of Dallas TX. Tax rate 6.25%




    It doesn't make any financial sense to trade out of a lease with $11,000 of negative equity.
    When you see that number, you just keep driving what you have.
    They came down to $799 payment, 2k down, 4 year lease, is it a good deal now?
  • MichaellMichaell Moderator Posts: 264,093

    i want to get into SUV, i'm out of Dallas TX, rate 6.25%
    below is the work up.



    kyfdx said:

    i was wanting to get into SUV. Below is screen shot of the work up.
    this is out of Dallas TX. Tax rate 6.25%




    It doesn't make any financial sense to trade out of a lease with $11,000 of negative equity.
    When you see that number, you just keep driving what you have.
    kyfdx said:

    i was wanting to get into SUV. Below is screen shot of the work up.
    this is out of Dallas TX. Tax rate 6.25%




    It doesn't make any financial sense to trade out of a lease with $11,000 of negative equity.
    When you see that number, you just keep driving what you have.
    kyfdx said:

    i was wanting to get into SUV. Below is screen shot of the work up.
    this is out of Dallas TX. Tax rate 6.25%




    It doesn't make any financial sense to trade out of a lease with $11,000 of negative equity.
    When you see that number, you just keep driving what you have.
    They came down to $799 payment, 2k down, 4 year lease, is it a good deal now?
    Our opinion of the negative equity hasn't changed. $200/mo that is added to your payment.

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  • dtang07dtang07 Member Posts: 5
    Rx 350 f sport 

    36/10 for Southern California thanks 


  • wonderxjimwonderxjim Member Posts: 4
    Can I please have the mf and rv for a RX 350 F Sport and non F sport FWD for 36month/12k in Southern California?
  • topgearfantopgearfan Member Posts: 16
    Michaell said:

    Hi! Can you provide the RV, MF, and lease incentives for an RX450h AWD F-Sport. Not sure if these are similar to the RX350. I was originally considering the RX350 but now exploring the hybrid option. I'm in Maryland, and thinking about a 36/15k lease. Thank you!

    54% and .00010
    $2000 lease cash
    Thank you!
  • MichaellMichaell Moderator Posts: 264,093
    dtang07 said:

    Rx 350 f sport 

    36/10 for Southern California thanks 


    .00020 and 57%
    $2000 lease cash

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  • MichaellMichaell Moderator Posts: 264,093

    Can I please have the mf and rv for a RX 350 F Sport and non F sport FWD for 36month/12k in Southern California?

    .00020 and 55% (base) or 56% (F-Sport)
    $2000 lease cash

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  • ny2cany2ca Member Posts: 9
    Hello - can anyone confirm Acquisition fee as well as MF in NY/CT/NJ area and FL. I'm seeing 695 (seems in line for NY) and I'm assuming marked up at 799 and 1095 variants in CT/NJ/FL - MF appears constant at .0001. This is for a 36/12, top tier, if that matters...Thanks in advance.
  • MichaellMichaell Moderator Posts: 264,093
    ny2ca said:

    Hello - can anyone confirm Acquisition fee as well as MF in NY/CT/NJ area and FL. I'm seeing 695 (seems in line for NY) and I'm assuming marked up at 799 and 1095 variants in CT/NJ/FL - MF appears constant at .0001. This is for a 36/12, top tier, if that matters...Thanks in advance.

    $795 acquisition fee.

    I show MF as .00020 in Eastern region.

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  • notodavidnotodavid Member Posts: 4
    Can I have the MF and RV for RX 350 FWD for 36month/10k in 90501?
  • mumuxumumuxu Member Posts: 34
    So this is what I got in NJ

    MSRP : 53043
    Cap : 48,800
    Per Month payment : 499
    MF : 0.0002
    Residual : 53%

    Does it look right including MF & Residual? Thanks
  • mumuxumumuxu Member Posts: 34
    Also, how much is lease cash? Thanks
  • kyfdxkyfdx Moderator Posts: 267,571
    notodavid said:

    Can I have the MF and RV for RX 350 FWD for 36month/10k in 90501?

    .00020 MF and 56% residual
    $2000 lease cash

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  • kyfdxkyfdx Moderator Posts: 267,571
    mumuxu said:

    So this is what I got in NJ

    MSRP : 53043
    Cap : 48,800
    Per Month payment : 499
    MF : 0.0002
    Residual : 53%

    Does it look right including MF & Residual? Thanks

    mumuxu said:

    Also, how much is lease cash? Thanks

    Lease cash is $2000

    That is the correct MF and residual

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  • aldave64aldave64 Member Posts: 25
    What would be the MF and Residual for 36/12k RX350 AWD in Ohio
  • MichaellMichaell Moderator Posts: 264,093
    aldave64 said:

    What would be the MF and Residual for 36/12k RX350 AWD in Ohio

    55% and .00020
    $2500 lease cash

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  • petemarpetemar Member Posts: 4
    What would be the MF and RV for an RX350 FWD (Non F sport) 36/15K in South Fl, thanks.
  • MichaellMichaell Moderator Posts: 264,093
    petemar said:

    What would be the MF and RV for an RX350 FWD (Non F sport) 36/15K in South Fl, thanks.

    53% and .00020
    $2000 lease cash

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  • hannah20hannah20 Member Posts: 10
    hello, I live in Michigan.

    msrp 54290
    sell price 47150
    36month/ 10k

    do you know the other fee?? how much should I pay for the car?
    The sales man said just 47150... monthly pay 599? with 4000 down pay..

    I thought it is a little high. right??
    what is MF and residual number in Michigan,
    Could you calculate for me?

    Next week, I would like to come back with exactly number.

    thanks a lot.
  • sean2014xsean2014x Member Posts: 1
    Can you help determine whether this is a good deal? Zipcode: 32216 (Jacksonville FL; credit score= excellent range)

    2017 Lexus RX 350 F sport (Luxury package: incl 12.3in display, panorama roof, blind spot. Park assist, cross over, brake assist, automatic gate lift, heated and ventilated seats, mark levinson premium sound). 
    Dealer is also tinting windows, giving a loaner car until car comes in (about a week), putting chrome protection on grill and rear but not on rims.

    Dealer said MVSP= 61034.
    Gave discount of 5k
    Adjusted price= 56034
    Doc fee= 695
    Tax=113
    Non tax fee= 57185
    Lease inception fee= 967 or 1061 depending upon option below

    36mo/12k lease= 842w/$0 down or 768 w/$2500 down.

    Residual after 36mo= $32,958.
    To purchase with 5yr loan would be about $890/mo. 

    IS THIS A GOOD DEAL TO LEASE? I DONT REALLY WANT TO BUY.... DO YOU SEE A WAY TO NEGOTIATE A LOWER LEASE PRICE? 

    the quotes for lease seemed lower on this forum but I dont know if they got as nice of a package as I am seeking. Any advice would be much appreciated! Thank you!
  • chiefdocchiefdoc Member Posts: 22
    Hi, can I get MF and RV for Rx 350 FWD in Virginia as well as incentives, please. Thanks
  • MichaellMichaell Moderator Posts: 264,093
    hannah20 said:

    hello, I live in Michigan.

    msrp 54290
    sell price 47150
    36month/ 10k

    do you know the other fee?? how much should I pay for the car?
    The sales man said just 47150... monthly pay 599? with 4000 down pay..

    I thought it is a little high. right??
    what is MF and residual number in Michigan,
    Could you calculate for me?

    Next week, I would like to come back with exactly number.

    thanks a lot.

    Base or F-Sport? I'll assume AWD.

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  • MichaellMichaell Moderator Posts: 264,093
    sean2014x said:

    Can you help determine whether this is a good deal? Zipcode: 32216 (Jacksonville FL; credit score= excellent range)

    2017 Lexus RX 350 F sport (Luxury package: incl 12.3in display, panorama roof, blind spot. Park assist, cross over, brake assist, automatic gate lift, heated and ventilated seats, mark levinson premium sound). 
    Dealer is also tinting windows, giving a loaner car until car comes in (about a week), putting chrome protection on grill and rear but not on rims.

    Dealer said MVSP= 61034.
    Gave discount of 5k
    Adjusted price= 56034
    Doc fee= 695
    Tax=113
    Non tax fee= 57185
    Lease inception fee= 967 or 1061 depending upon option below

    36mo/12k lease= 842w/$0 down or 768 w/$2500 down.

    Residual after 36mo= $32,958.
    To purchase with 5yr loan would be about $890/mo. 

    IS THIS A GOOD DEAL TO LEASE? I DONT REALLY WANT TO BUY.... DO YOU SEE A WAY TO NEGOTIATE A LOWER LEASE PRICE? 

    the quotes for lease seemed lower on this forum but I dont know if they got as nice of a package as I am seeking. Any advice would be much appreciated! Thank you!

    Wow, $61K for an RX350 - must have pretty much every option added to it.

    36/12 numbers are 56% and .00010
    $2000 lease cash

    While we don't track prices, I suspect there is more of a discount available, assuming that $2K of that $5K discount is the lease cash.

    If the delta between a 3 year lease and a 5 year loan is $50-100, I'd buy it every day of the week and twice on Sunday.

    That is a huge lease payment; ask the dealer what the adjusted cap cost is, and how they got to that number from the selling price.

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  • hannah20hannah20 Member Posts: 10
    yes. It is AWD, no f sports.
  • kyfdxkyfdx Moderator Posts: 267,571
    hannah20 said:

    yes. It is AWD, no f sports.

    .00001 MF and 56% residual
    $2500 lease cash

    I think their quote is very, very high. Probably marking up the money factor, and adding who knows what.

    Ask them for the adjusted CAP cost, and to disclose the money factor.
    For $599/mo, you should be getting out with just the first payment due at signing, not $4000.

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  • chiefdocchiefdoc Member Posts: 22
    Hi, can I get MF and RV for Rx 350 FWD in Virginia as well as incentives, please. Thanks
  • kyfdxkyfdx Moderator Posts: 267,571
    chiefdoc said:

    Hi, can I get MF and RV for Rx 350 FWD in Virginia as well as incentives, please. Thanks

    .00010 MF and 53% residual for 36/15
    $2000 lease cash

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  • bacchus3457bacchus3457 Member Posts: 4
    Hey there-- could you provide the MF and RV for the RX350 FWD in Tennessee? Incentives, too, if possible. Thanks so much!
  • MichaellMichaell Moderator Posts: 264,093

    Hey there-- could you provide the MF and RV for the RX350 FWD in Tennessee? Incentives, too, if possible. Thanks so much!

    What lese term and how many miles per year?

    Base or F-Sport?

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  • bacchus3457bacchus3457 Member Posts: 4
    Michaell said:

    Hey there-- could you provide the MF and RV for the RX350 FWD in Tennessee? Incentives, too, if possible. Thanks so much!

    What lese term and how many miles per year?

    Base or F-Sport?
    Base, 36 months, 10k miles.

    You're doing the Lord's work, by the way! Thanks!
  • kyfdxkyfdx Moderator Posts: 267,571

    Michaell said:

    Hey there-- could you provide the MF and RV for the RX350 FWD in Tennessee? Incentives, too, if possible. Thanks so much!

    What lese term and how many miles per year?

    Base or F-Sport?
    Base, 36 months, 10k miles.

    You're doing the Lord's work, by the way! Thanks!
    .00020 MF and 56% residual
    $2000 lease cash

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  • newyerkernewyerker Member Posts: 12
    edited November 2017
    I know you've been helping me on ES thread, but here I am as I am looking for options.

    Non F-sport AWD, 36/10k in Colorado


    Was quoted $554.37 a month for:

    MSRP $54758
    Discounted to $51645
    Lease Cash $2000
    Tax 950

    Is money factor and the deal itself fair?
    Thank you!!
  • MichaellMichaell Moderator Posts: 264,093
    newyerker said:

    I know you've been helping me on ES thread, but here I am as I am looking for options.

    Non F-sport AWD, 36/10k in Colorado


    Was quoted $554.37 a month for:

    MSRP $54758
    Discounted to $51645
    Lease Cash $2000
    Tax 950

    Is money factor and the deal itself fair?
    Thank you!!

    56% and .00001
    $2500 lease cash

    What is the adjusted cap cost?

    How much is due at signing?

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  • newyerkernewyerker Member Posts: 12
    Michaell said:

    newyerker said:

    I know you've been helping me on ES thread, but here I am as I am looking for options.

    Non F-sport AWD, 36/10k in Colorado


    Was quoted $554.37 a month for:

    MSRP $54758
    Discounted to $51645
    Lease Cash $2000
    Tax 950

    Is money factor and the deal itself fair?
    Thank you!!

    56% and .00001
    $2500 lease cash

    What is the adjusted cap cost?

    How much is due at signing?
    It says 5500 due on delivery, which i think included 2000 lease cash. Not sure why dealers are mostly advertising 2000 lease cash here when ur info shows 2500.

    As for adj cap cost, im not entirely sure but thinking with tax and the rebate with nothing else atm, 50595 + minor fees probably just under 51000.
  • kyfdxkyfdx Moderator Posts: 267,571
    newyerker said:

    Michaell said:

    newyerker said:

    I know you've been helping me on ES thread, but here I am as I am looking for options.

    Non F-sport AWD, 36/10k in Colorado


    Was quoted $554.37 a month for:

    MSRP $54758
    Discounted to $51645
    Lease Cash $2000
    Tax 950

    Is money factor and the deal itself fair?
    Thank you!!

    56% and .00001
    $2500 lease cash

    What is the adjusted cap cost?

    How much is due at signing?
    It says 5500 due on delivery, which i think included 2000 lease cash. Not sure why dealers are mostly advertising 2000 lease cash here when ur info shows 2500.

    As for adj cap cost, im not entirely sure but thinking with tax and the rebate with nothing else atm, 50595 + minor fees probably just under 51000.
    We don't have the Eastern region numbers. If they say lease cash is $2000, then that's what it is.
    Doesn't do much good to assume what the numbers might be behind a quote. Ask the dealer.

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  • hurricane6613hurricane6613 Member Posts: 6
    Hi - can you provide the MF and RV for 36m/15k for zip code 33458 on a 2017 RX450H AWD (most $$$ Luxury Pkg)? Are there any leasing-cash incentives? Thank you! 
  • MichaellMichaell Moderator Posts: 264,093

    Hi - can you provide the MF and RV for 36m/15k for zip code 33458 on a 2017 RX450H AWD (most $$$ Luxury Pkg)? Are there any leasing-cash incentives? Thank you! 

    54% and .00020
    $2000 lease cash

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  • slubenskyslubensky Member Posts: 4
    edited November 2017
    What is the MF,residual and specials for 2017 RX350 AWD with premium package for 36/12 in November (in Florida or New York)? Thank you.
  • MichaellMichaell Moderator Posts: 264,093
    slubensky said:

    What is the MF,residual and specials for 2017 RX350 AWD with premium package for 36/12 in November (in Florida or New York)? Thank you.

    55% residual is nationwide.

    NY - .00020 MF, and we think $2000 lease cash
    FL - .00020 and $2000 lease cash

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  • newyerkernewyerker Member Posts: 12
    kyfdx said:

    newyerker said:

    Michaell said:

    newyerker said:

    I know you've been helping me on ES thread, but here I am as I am looking for options.

    Non F-sport AWD, 36/10k in Colorado


    Was quoted $554.37 a month for:

    MSRP $54758
    Discounted to $51645
    Lease Cash $2000
    Tax 950

    Is money factor and the deal itself fair?
    Thank you!!

    56% and .00001
    $2500 lease cash

    What is the adjusted cap cost?

    How much is due at signing?
    It says 5500 due on delivery, which i think included 2000 lease cash. Not sure why dealers are mostly advertising 2000 lease cash here when ur info shows 2500.

    As for adj cap cost, im not entirely sure but thinking with tax and the rebate with nothing else atm, 50595 + minor fees probably just under 51000.
    We don't have the Eastern region numbers. If they say lease cash is $2000, then that's what it is.
    Doesn't do much good to assume what the numbers might be behind a quote. Ask the dealer.
    thank you for all the help!
  • hurricane6613hurricane6613 Member Posts: 6
    Michaell said:

    Hi - can you provide the MF and RV for 36m/15k for zip code 33458 on a 2017 RX450H AWD (most $$$ Luxury Pkg)? Are there any leasing-cash incentives? Thank you! 

    54% and .00020
    $2000 lease cash
    Thank you! I was offered a 36 mo/15K per year lease at $599/month with $599 down in addition to my used car trade. What would that make my trade-in worth?
  • hurricane6613hurricane6613 Member Posts: 6

    Michaell said:

    Hi - can you provide the MF and RV for 36m/15k for zip code 33458 on a 2017 RX450H AWD (most $$$ Luxury Pkg)? Are there any leasing-cash incentives? Thank you! 

    54% and .00020
    $2000 lease cash
    Thank you! I was offered a 36 mo/15K per year lease at $599/month with $599 down in addition to my used car trade. What would that make my trade-in worth?
    My sales tax is 7%
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