2017 Lexus RX Lease Deals and Prices

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  • all2newall2new Member Posts: 7
    In Southern CA looking to lease 2017 FWD RX for 36/15K or 36/18K. Vehicle MSRP is 52,800. Edmunds puts the True Market value at 48,800. Given this, what sought of lease payments I'm I looking at? I would like no more than $500 monthly with zero down.
  • kaitainenkaitainen Member Posts: 2
    kyfdx said:

    kaitainen said:

    I was offered:
    '17 RX 350, 36 mo, 10,000 mi yr
    MSRP $49,109 (all in)
    $500 down includes 1st month payment
    $450/month all-in includes tax

    and

    '16 RX 350 w/Nav, 27 mo, 10,000 mi yr
    MSRP $51,859 (all in)
    $500 down all-in, includes 1st month payment
    $474/month all-in includes tax


    I get $42.6k value on the 2017 and $43.5k on the 2016. Good deal? I think so, but was just scoffed at by a "know it all", so need some decent advice. Which is better and would you do?

    Either of those looks to be a great deal.

    I'd be more inclined to take the shorter term lease
    Thanks, I went with the '16.
  • kyfdxkyfdx Moderator Posts: 191,702
    all2new said:

    In Southern CA looking to lease 2017 FWD RX for 36/15K or 36/18K. Vehicle MSRP is 52,800. Edmunds puts the True Market value at 48,800. Given this, what sought of lease payments I'm I looking at? I would like no more than $500 monthly with zero down.

    .00155 MF and 61% residual for 36/15.
    $500 lease cash + complimentary 1st payment.

    $586/mo.+tax, if all other costs are paid upfront.

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  • kyfdxkyfdx Moderator Posts: 191,702
    kaitainen said:

    kyfdx said:

    kaitainen said:

    I was offered:
    '17 RX 350, 36 mo, 10,000 mi yr
    MSRP $49,109 (all in)
    $500 down includes 1st month payment
    $450/month all-in includes tax

    and

    '16 RX 350 w/Nav, 27 mo, 10,000 mi yr
    MSRP $51,859 (all in)
    $500 down all-in, includes 1st month payment
    $474/month all-in includes tax


    I get $42.6k value on the 2017 and $43.5k on the 2016. Good deal? I think so, but was just scoffed at by a "know it all", so need some decent advice. Which is better and would you do?

    Either of those looks to be a great deal.

    I'd be more inclined to take the shorter term lease
    Thanks, I went with the '16.
    Congrats!

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  • carfan2015carfan2015 Member Posts: 3
    how much is lease inception fee and any other rebates at this time?
  • MichaellMichaell ColoradoModerator Posts: 187,005

    how much is lease inception fee and any other rebates at this time?

    $700 acquisition fee.

    No incentive information on Lexus.

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  • mrniepomrniepo Member Posts: 31
    Hi, do you know the Dec numbers for '17 rx350 fwd in CA for 36/7.5k and 36/10k? Thanks!
  • MichaellMichaell ColoradoModerator Posts: 187,005
    mrniepo said:

    Hi, do you know the Dec numbers for '17 rx350 fwd in CA for 36/7.5k and 36/10k? Thanks!

    65% and .00155

    $500 lease cash and complimentary first payment

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  • mrniepomrniepo Member Posts: 31
    Michaell said:
    Hi, do you know the Dec numbers for '17 rx350 fwd in CA for 36/7.5k and 36/10k? Thanks!
    65% and .00155 $500 lease cash and complimentary first payment
    Just to clarify is this the residual and mf for 7.5k or 10k or both?
  • MichaellMichaell ColoradoModerator Posts: 187,005
    mrniepo said:


    Michaell said:

    mrniepo said:

    Hi, do you know the Dec numbers for '17 rx350 fwd in CA for 36/7.5k and 36/10k? Thanks!

    65% and .00155

    $500 lease cash and complimentary first payment

    Just to clarify is this the residual and mf for 7.5k or 10k or both?

    7.5K. Subtract 1% for 10K

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  • jackblack3jackblack3 Member Posts: 25
    hi All,
    based on current best MF and residual value of 2017 RX
    -MSRP 52K
    -12k/36
    -2000$ first day OOP (including taxes fees etc..)
    -if offered ~6000 off MSRP (buying price ~46000) in MA
    what is the least possible monthly payment (including taxes )??
    thanks
  • MichaellMichaell ColoradoModerator Posts: 187,005

    hi All,
    based on current best MF and residual value of 2017 RX
    -MSRP 52K
    -12k/36
    -2000$ first day OOP (including taxes fees etc..)
    -if offered ~6000 off MSRP (buying price ~46000) in MA
    what is the least possible monthly payment (including taxes )??
    thanks

    Base or F-sport?

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  • jackblack3jackblack3 Member Posts: 25
    edited December 2016
    Base or F-sport?

    the base model AWD
    considering their current offers and incetives 1000 lease cash and any other offer if present
    i also have family member w Lexus if adds any benefit incentive..
    Thanks
  • kyfdxkyfdx Moderator Posts: 191,702

    hi All,
    based on current best MF and residual value of 2017 RX
    -MSRP 52K
    -12k/36
    -2000$ first day OOP (including taxes fees etc..)
    -if offered ~6000 off MSRP (buying price ~46000) in MA
    what is the least possible monthly payment (including taxes )??
    thanks

    Base or F-sport?

    the base model AWD
    considering their current offers and incetives 1000 lease cash and any other offer if present
    i also have family member w Lexus if adds any benefit incentive..
    Thanks

    .00155 MF and 63% residual. $500 lease cash + complimentary 1st payment.

    Assuming the $2000 pays all of your fees and DMV costs (should be more than enough, as the first payment is covered by Lexus), then I get $490/mo.+sales tax.

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  • cmcdallascmcdallas Member Posts: 8
    Happy to report I was able to get my deal worked out on a 2017 Lexus RX350. Pretty much fully loaded, MSRP of 53,070. I signed a 36 month lease with 12K miles/year for $575/month. 0 down, nothing due @ signing with Lexus also paying my first month. I could have maybe pushed for a little more, but overall am very happy with the deal! 
  • tbenson81tbenson81 Member Posts: 25
    I am looking to lease a 2017 F-Sport RX in Florida. Can someone please let me know the money factor and residual for 36/15 ? Thank you!
  • MichaellMichaell ColoradoModerator Posts: 187,005
    cmcdallas said:

    Happy to report I was able to get my deal worked out on a 2017 Lexus RX350. Pretty much fully loaded, MSRP of 53,070. I signed a 36 month lease with 12K miles/year for $575/month. 0 down, nothing due @ signing with Lexus also paying my first month. I could have maybe pushed for a little more, but overall am very happy with the deal! 

    Congrats! Enjoy your new Lexus.

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  • MichaellMichaell ColoradoModerator Posts: 187,005
    tbenson81 said:

    I am looking to lease a 2017 F-Sport RX in Florida. Can someone please let me know the money factor and residual for 36/15 ? Thank you!

    62% and .00155

    $500 lease cash and complimentary first payment.

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  • jackblack3jackblack3 Member Posts: 25
    i got a quote for RX17 AWD base
    36/12
    MSRP 50700
    2000 first payment (tax fees etc...)
    480/month w taxes)
    does this sound like a reasonable deal in MA tax 6.25%
    thanks
  • cared1cared1 Member Posts: 4
    I was offered:
    '17 RX 350, 24/15k AWD base model in VA
    MSRP $52730
    OFF $7320 including lease cash
    Monthly payment $604 with 9 MSD
    I was told 67% is residual. -- Can someone confirm it
    I think dealer is charging $595 as processing fee and $2000 for taxes/tags

    Is this a good price
  • kyfdxkyfdx Moderator Posts: 191,702

    i got a quote for RX17 AWD base
    36/12
    MSRP 50700
    2000 first payment (tax fees etc...)
    480/month w taxes)
    does this sound like a reasonable deal in MA tax 6.25%
    thanks

    .00155 MF and 63% residual.
    $500 lease cash + complimentary 1st payment.

    Do you know the selling price or adjusted CAP cost?

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  • kyfdxkyfdx Moderator Posts: 191,702
    cared1 said:

    I was offered:
    '17 RX 350, 24/15k AWD base model in VA
    MSRP $52730
    OFF $7320 including lease cash
    Monthly payment $604 with 9 MSD
    I was told 67% is residual. -- Can someone confirm it
    I think dealer is charging $595 as processing fee and $2000 for taxes/tags

    Is this a good price

    67% is correct for 24/15.
    Did they give you the money factor used?
    Tax looks about right. I think VA is 4.17% of the full selling price.

    Did you ask for a 36 month quote? The residual is 61%, and that might result in a lower payment.

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  • fsudreyer2fsudreyer2 Member Posts: 15
    edited December 2016
    Good evening. What is the MF and residual for base model 24/10 in FL? Thanks,
  • kyfdxkyfdx Moderator Posts: 191,702

    Good evening. What is the MF and residual for base model 24/10 in FL? Thanks,

    .00155 MF and 64% residual.
    $500 lease cash + complimentary 1st payment

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  • fedmfedm Member Posts: 5
    Hi,
    wonder if you can help assess this offer I have for 2017 RX 350 AWD w navigation
    MSRP: 53202
    Residual: 34048
    Term: 10k/36 months
    Monthly payment: 518/mo
    I will have to pay $1622 out of pocket for inception fees.
    This includes $1000 lexus loyalty savings.
    I'm in NJ.

    (sorry if I double post, didn't realize there are 2 threads not sure which one is appropriate.)
  • MichaellMichaell ColoradoModerator Posts: 187,005
    fedm said:

    Hi,
    wonder if you can help assess this offer I have for 2017 RX 350 AWD w navigation
    MSRP: 53202
    Residual: 34048
    Term: 10k/36 months
    Monthly payment: 518/mo
    I will have to pay $1622 out of pocket for inception fees.
    This includes $1000 lexus loyalty savings.
    I'm in NJ.

    (sorry if I double post, didn't realize there are 2 threads not sure which one is appropriate.)

    64% and .00155

    What is the adjusted cap cost for your deal?

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  • fedmfedm Member Posts: 5
    Adjusted cap cost is 47,700 before rebate deduction.
    Michaell said:

    fedm said:

    Hi,
    wonder if you can help assess this offer I have for 2017 RX 350 AWD w navigation
    MSRP: 53202
    Residual: 34048
    Term: 10k/36 months
    Monthly payment: 518/mo
    I will have to pay $1622 out of pocket for inception fees.
    This includes $1000 lexus loyalty savings.
    I'm in NJ.

    (sorry if I double post, didn't realize there are 2 threads not sure which one is appropriate.)

    64% and .00155

    What is the adjusted cap cost for your deal?
  • MichaellMichaell ColoradoModerator Posts: 187,005
    fedm said:

    Adjusted cap cost is 47,700 before rebate deduction.

    Michaell said:

    fedm said:

    Hi,
    wonder if you can help assess this offer I have for 2017 RX 350 AWD w navigation
    MSRP: 53202
    Residual: 34048
    Term: 10k/36 months
    Monthly payment: 518/mo
    I will have to pay $1622 out of pocket for inception fees.
    This includes $1000 lexus loyalty savings.
    I'm in NJ.

    (sorry if I double post, didn't realize there are 2 threads not sure which one is appropriate.)

    64% and .00155

    What is the adjusted cap cost for your deal?
    I get $506/mo before tax with those prices.

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  • fedmfedm Member Posts: 5
    Michaell said:

    fedm said:

    Adjusted cap cost is 47,700 before rebate deduction.

    Michaell said:

    fedm said:

    Hi,
    wonder if you can help assess this offer I have for 2017 RX 350 AWD w navigation
    MSRP: 53202
    Residual: 34048
    Term: 10k/36 months
    Monthly payment: 518/mo
    I will have to pay $1622 out of pocket for inception fees.
    This includes $1000 lexus loyalty savings.
    I'm in NJ.

    (sorry if I double post, didn't realize there are 2 threads not sure which one is appropriate.)

    64% and .00155

    What is the adjusted cap cost for your deal?
    I get $506/mo before tax with those prices.
    Thanks Michaell.
    With NJ 7% tax, that should be $541.31. So the 518 is below that (guess that's a plus).
    Is this a good deal? or should I shop more?
  • MichaellMichaell ColoradoModerator Posts: 187,005
    fedm said:

    Michaell said:

    fedm said:

    Adjusted cap cost is 47,700 before rebate deduction.

    Michaell said:

    fedm said:

    Hi,
    wonder if you can help assess this offer I have for 2017 RX 350 AWD w navigation
    MSRP: 53202
    Residual: 34048
    Term: 10k/36 months
    Monthly payment: 518/mo
    I will have to pay $1622 out of pocket for inception fees.
    This includes $1000 lexus loyalty savings.
    I'm in NJ.

    (sorry if I double post, didn't realize there are 2 threads not sure which one is appropriate.)

    64% and .00155

    What is the adjusted cap cost for your deal?
    I get $506/mo before tax with those prices.
    Thanks Michaell.
    With NJ 7% tax, that should be $541.31. So the 518 is below that (guess that's a plus).
    Is this a good deal? or should I shop more?
    Looks good, relative to MSRP.

    NJ taxes the sum of the payments, and collects the money up front. We suggest you roll that amount into the cap cost and pay it monthly.

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  • johnny529johnny529 Member Posts: 11
    Hi Michaell. Can you confirm the residual for the following? I believe the MF is .00155 for both. Thanks.

    2017 RX350 (base) for 36/12k
    2017 RX350 (F-Sport) for 36/12k
  • kyfdxkyfdx Moderator Posts: 191,702
    johnny529 said:

    Hi Michaell. Can you confirm the residual for the following? I believe the MF is .00155 for both. Thanks.

    2017 RX350 (base) for 36/12k
    2017 RX350 (F-Sport) for 36/12k

    63%/64% for Base/FSport

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  • dmsals1dmsals1 Member Posts: 4
    Does MF and Residual vary by state or are these set by Lexus Financial Services? Thanks in advance.
  • MichaellMichaell ColoradoModerator Posts: 187,005
    dmsals1 said:

    Does MF and Residual vary by state or are these set by Lexus Financial Services? Thanks in advance.

    The LFS numbers are regional, but there doesn't seem to be much difference, that we can see.

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  • dmsals1dmsals1 Member Posts: 4
    Michaell said:

    dmsals1 said:

    Does MF and Residual vary by state or are these set by Lexus Financial Services? Thanks in advance.

    The LFS numbers are regional, but there doesn't seem to be much difference, that we can see.
    Would you be able to share what the numbers are for the Philadelphia area? Thanks so much!
  • kyfdxkyfdx Moderator Posts: 191,702
    dmsals1 said:

    Michaell said:

    dmsals1 said:

    Does MF and Residual vary by state or are these set by Lexus Financial Services? Thanks in advance.

    The LFS numbers are regional, but there doesn't seem to be much difference, that we can see.
    Would you be able to share what the numbers are for the Philadelphia area? Thanks so much!
    We don't show any differences for the RX, regionally.

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  • jrg2867jrg2867 Member Posts: 5
    Hi. I'm looking for the money factor and residual percentage for a 27-month/12,000 mile-per-year lease for a new 2017 Lexus RX 350 AWD in NJ. And can you confirm the incentives on that lease? Thanks so much.
  • kyfdxkyfdx Moderator Posts: 191,702
    jrg2867 said:

    Hi. I'm looking for the money factor and residual percentage for a 27-month/12,000 mile-per-year lease for a new 2017 Lexus RX 350 AWD in NJ. And can you confirm the incentives on that lease? Thanks so much.

    .00155 MF and 68% residual.
    $500 lease cash + complimentary 1st payment

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  • cared1cared1 Member Posts: 4
    Hi Michaell. Can you confirm the residual for rx 450h 36/12 and 36/15 please
  • MichaellMichaell ColoradoModerator Posts: 187,005
    cared1 said:

    Hi Michaell. Can you confirm the residual for rx 450h 36/12 and 36/15 please

    64% / 62% and .00155. $500 lease cash and complimentary first payment.

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  • briancho80briancho80 Member Posts: 19
    What kind of discounts are people getting from MSRP, before the $500 lease cash, first month's payment, and loyalty rebate (if applicable)?

    My 2015 RX 350F lease is expiring in March 2017 and the dealer is telling me that it would be best to roll the lease now with the December to Remember incentives. I'm also 3,000 miles over my limit.
  • cared1cared1 Member Posts: 4
    Michaell said:

    cared1 said:

    Hi Michaell. Can you confirm the residual for rx 450h 36/12 and 36/15 please

    64% / 62% and .00155. $500 lease cash and complimentary first payment.
    My Dealer in MD quoting rx540h for 36/15 is 61% . is 61% is for rx 350 Base for 36 months/15K ? we have higher residual for rx540h ..
  • rnj1982rnj1982 Member Posts: 19
    Hi,
    Please advise on MF/Residual for 36 months 7,500 miles in NJ.

    RX350 AWD. Thanks!
  • rnj1982rnj1982 Member Posts: 19
    rnj1982 said:

    Hi,
    Please advise on MF/Residual for 36 months 7,500 miles in NJ.

    RX350 AWD. Thanks!

    Also please let me know what residual for 10k miles is. Thanks!
  • MichaellMichaell ColoradoModerator Posts: 187,005

    What kind of discounts are people getting from MSRP, before the $500 lease cash, first month's payment, and loyalty rebate (if applicable)?

    My 2015 RX 350F lease is expiring in March 2017 and the dealer is telling me that it would be best to roll the lease now with the December to Remember incentives. I'm also 3,000 miles over my limit.

    You'd have to run the numbers both ways to see if it makes sense to jump now or at lease end. Dealers will say almost anything to make a sale, even if it's not in your best interest.

    I terminated my last lease two months early and was over the mileage limit. And, I had damage to my car. All in, dealer and I figured about $2000 total charges (2 payments + mileage charge + damage). We split the difference for the new lease.

    Do some research and see what makes sense.

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  • MichaellMichaell ColoradoModerator Posts: 187,005
    cared1 said:

    Michaell said:

    cared1 said:

    Hi Michaell. Can you confirm the residual for rx 450h 36/12 and 36/15 please

    64% / 62% and .00155. $500 lease cash and complimentary first payment.
    My Dealer in MD quoting rx540h for 36/15 is 61% . is 61% is for rx 350 Base for 36 months/15K ? we have higher residual for rx540h ..
    36/15 is 61% for base FWD or AWD; 62% for FWD F-Sport, AWD F-Sport and 450h.

    Dealer cannot modify the residual; it is set by the bank.

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  • MichaellMichaell ColoradoModerator Posts: 187,005
    rnj1982 said:

    rnj1982 said:

    Hi,
    Please advise on MF/Residual for 36 months 7,500 miles in NJ.

    RX350 AWD. Thanks!

    Also please let me know what residual for 10k miles is. Thanks!
    .00155 and 65% for 36/7.5. Subtract 1% for 10K

    $500 lease cash and complimentary first payment.

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  • drpharmadrpharma Member Posts: 8
    Is this a good deal for 36 month 12/k lease in NJ?

    MSRP: $54,772
    discount price: $48,700
    MF: .00155
    Residual: 63%
    cap adjusted rebate: $1,000
    Adjusted cap rate: $47,894.90
    monthly payment: $499.62

    Down: NJ tax $1,446.95, Bank fee, $700, Doc $495, motor vehicle: $300, tire fee: $7.50

    Should I roll the tax into the monthly payment?

    Thanks for all you help!!!
  • MichaellMichaell ColoradoModerator Posts: 187,005
    drpharma said:

    Is this a good deal for 36 month 12/k lease in NJ?

    MSRP: $54,772
    discount price: $48,700
    MF: .00155
    Residual: 63%
    cap adjusted rebate: $1,000
    Adjusted cap rate: $47,894.90
    monthly payment: $499.62

    Down: NJ tax $1,446.95, Bank fee, $700, Doc $495, motor vehicle: $300, tire fee: $7.50

    Should I roll the tax into the monthly payment?

    Thanks for all you help!!!

    I'm within .01 of your calculated payment.

    We recommend rolling everything but the DMV costs into the cap cost - if the car is stolen or totaled, the state won't reimburse you for the tax you paid upfront but didn't benefit from.

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  • drpharmadrpharma Member Posts: 8
    Awesome.. Thank you for the advice!
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