2017 Lexus GX 460 Lease Deals and Prices

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Comments

  • td_inctd_inc Member Posts: 55

    nick8844 said:

    can someone help me to check this is a good deal?
    2017 GX 460 msrp 58983 sale price 55155
    36/10k MF .0012 RV 63%
    Monthly payment $682 also due at signing $682
    They told me there is no tax and I'm living in Houston Texas.
    Thanks for your help


    I'm looking at almost the exact truck MSRP in NJ. With 12k miles and they are offering $650/month including NJ tax. Only 1st payment due at signing.
    9.5% off MSRP
  • MichaellMichaell Moderator Posts: 233,839
    nick8844 said:

    can someone help me to check this is a good deal?
    2017 GX 460 msrp 58983 sale price 55155
    36/10k MF .0012 RV 63%
    Monthly payment $682 also due at signing $682
    They told me there is no tax and I'm living in Houston Texas.
    Thanks for your help

    I get $611/mo with those numbers.

    Ask the dealer what the adjusted cap cost is - likely to be some fees and such added to the selling price.

    Tax credits available? That'll make your lease cheap in TX.

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  • nick8844nick8844 Member Posts: 7

    Michaell said:

    can someone help me to check this is a good deal?
    2017 GX 460 msrp 58983 sale price 55155
    36/10k MF .0012 RV 63%
    Monthly payment $682 also due at signing $682
    They told me there is no tax and I'm living in Houston Texas.
    Thanks for your help


    I get $611/mo with those numbers.

    Ask the dealer what the adjusted cap cost is - likely to be some fees and such added to the selling price.

    Tax credits available? That'll make your lease cheap in TX.


    Michaell
    There is no tax on payments in TX. The dealer go down to $630(monthly an 1st payment due at signing. Is it a good deal?  Im first time leader here. 
  • kyfdxkyfdx Moderator Posts: 227,575
    nick8844 said:



    Michaell said:


    nick8844 said:

    can someone help me to check this is a good deal?

    2017 GX 460 msrp 58983 sale price 55155

    36/10k MF .0012 RV 63%

    Monthly payment $682 also due at signing $682

    They told me there is no tax and I'm living in Houston Texas.

    Thanks for your help



    I get $611/mo with those numbers.



    Ask the dealer what the adjusted cap cost is - likely to be some fees and such added to the selling price.



    Tax credits available? That'll make your lease cheap in TX.


    Michaell
    There is no tax on payments in TX. The dealer go down to $630(monthly an 1st payment due at signing. Is it a good deal?  Im first time leader here. 

    Yes.. if there is no added sales tax, then that is a great price.

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  • anaheimhillsanaheimhills Member Posts: 1
    Lease signed on 03/09/2017
    2017 Lexus GX 460 Premium
    Silver exterior/black interior
    MRSP: 58750
    36 months/10k miles per year
    Over mileage: 25 cent/mile
    Down: 0
    DMW and other processing fees were included in monthly payment
    Bought extended warranty (36 months) and interior damage waiver (I have kids), paid 72.10 $/month x 36 month

    Payment without extended warranty and interior damage waiver= 650/month.

    Payment with extended warranty and interior damage waiver= 722.10/month.

    I just signed and drove the car home, did not pay any cents on signing.

    Got first payment 2 weeks ago, 722.10$ month.
  • MichaellMichaell Moderator Posts: 233,839

    Lease signed on 03/09/2017
    2017 Lexus GX 460 Premium
    Silver exterior/black interior
    MRSP: 58750
    36 months/10k miles per year
    Over mileage: 25 cent/mile
    Down: 0
    DMW and other processing fees were included in monthly payment
    Bought extended warranty (36 months) and interior damage waiver (I have kids), paid 72.10 $/month x 36 month

    Payment without extended warranty and interior damage waiver= 650/month.

    Payment with extended warranty and interior damage waiver= 722.10/month.

    I just signed and drove the car home, did not pay any cents on signing.

    Got first payment 2 weeks ago, 722.10$ month.

    Congrats, and thanks for sharing your deal details with us.

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  • kpinthebaykpinthebay Member Posts: 12


    Lease signed on 03/09/2017
    2017 Lexus GX 460 Premium
    Silver exterior/black interior
    MRSP: 58750
    36 months/10k miles per year
    Over mileage: 25 cent/mile
    Down: 0
    DMW and other processing fees were included in monthly payment
    Bought extended warranty (36 months) and interior damage waiver (I have kids), paid 72.10 $/month x 36 month

    Payment without extended warranty and interior damage waiver= 650/month.

    Payment with extended warranty and interior damage waiver= 722.10/month.

    I just signed and drove the car home, did not pay any cents on signing.

    Got first payment 2 weeks ago, 722.10$ month.


    Why would you purchase extended warranty on a 36 month lease?
  • nick8844nick8844 Member Posts: 7

    kyfdx said:



    Michaell said:


    can someone help me to check this is a good deal?

    2017 GX 460 msrp 58983 sale price 55155

    36/10k MF .0012 RV 63%

    Monthly payment $682 also due at signing $682

    They told me there is no tax and I'm living in Houston Texas.

    Thanks for your help




    I get $611/mo with those numbers.



    Ask the dealer what the adjusted cap cost is - likely to be some fees and such added to the selling price.



    Tax credits available? That'll make your lease cheap in TX.




    Michaell
    There is no tax on payments in TX. The dealer go down to $630(monthly an 1st payment due at signing. Is it a good deal?  Im first time leader here. 


    Yes.. if there is no added sales tax, then that is a great price.




    kyfdx said:





    Michaell said:



    can someone help me to check this is a good deal?


    2017 GX 460 msrp 58983 sale price 55155


    36/10k MF .0012 RV 63%


    Monthly payment $682 also due at signing $682


    They told me there is no tax and I'm living in Houston Texas.


    Thanks for your help






    I get $611/mo with those numbers.





    Ask the dealer what the adjusted cap cost is - likely to be some fees and such added to the selling price.





    Tax credits available? That'll make your lease cheap in TX.






    Michaell
    There is no tax on payments in TX. The dealer go down to $630(monthly an 1st payment due at signing. Is it a good deal?  Im first time leader here. 




    Yes.. if there is no added sales tax, then that is a great price.


    I went to different dealer and got the same car with $601.74 a month. First month payment due at signing. 


  • MichaellMichaell Moderator Posts: 233,839
    nick8844 said:



    kyfdx said:


    nick8844 said:




    Michaell said:



    nick8844 said:

    can someone help me to check this is a good deal?


    2017 GX 460 msrp 58983 sale price 55155


    36/10k MF .0012 RV 63%


    Monthly payment $682 also due at signing $682


    They told me there is no tax and I'm living in Houston Texas.


    Thanks for your help





    I get $611/mo with those numbers.





    Ask the dealer what the adjusted cap cost is - likely to be some fees and such added to the selling price.





    Tax credits available? That'll make your lease cheap in TX.




    Michaell
    There is no tax on payments in TX. The dealer go down to $630(monthly an 1st payment due at signing. Is it a good deal?  Im first time leader here. 


    Yes.. if there is no added sales tax, then that is a great price.





    kyfdx said:







    Michaell said:




    can someone help me to check this is a good deal?



    2017 GX 460 msrp 58983 sale price 55155



    36/10k MF .0012 RV 63%



    Monthly payment $682 also due at signing $682



    They told me there is no tax and I'm living in Houston Texas.



    Thanks for your help






    I get $611/mo with those numbers.







    Ask the dealer what the adjusted cap cost is - likely to be some fees and such added to the selling price.







    Tax credits available? That'll make your lease cheap in TX.








    Michaell
    There is no tax on payments in TX. The dealer go down to $630(monthly an 1st payment due at signing. Is it a good deal?  Im first time leader here. 





    Yes.. if there is no added sales tax, then that is a great price.


    I went to different dealer and got the same car with $601.74 a month. First month payment due at signing. 





    Congrats!

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  • mlmiller63mlmiller63 Member Posts: 4
    Ok I could us some help IN NC The numbers I have are:
    GX 460 MSRP of $56,548 Base, $7007.45 Discount so Adjusted price $49,540.55
    $499 For Nitro filled tires -a joke , $850 for Dealer installed heated seats. Making purchase price $50.899.55
    $693 in fees $12.35 tax or $51694 Net price
    I want a 36/12 lease but I got quoted 36/10 for some reason -$576/mn.. $1000 down (I think this is in the $7007.45 on quote)
    I was wondering what the current RV and MF are for NC. Something just seems off on the payment Also curious on the deal?
  • MichaellMichaell Moderator Posts: 233,839

    Ok I could us some help IN NC The numbers I have are:
    GX 460 MSRP of $56,548 Base, $7007.45 Discount so Adjusted price $49,540.55
    $499 For Nitro filled tires -a joke , $850 for Dealer installed heated seats. Making purchase price $50.899.55
    $693 in fees $12.35 tax or $51694 Net price
    I want a 36/12 lease but I got quoted 36/10 for some reason -$576/mn.. $1000 down (I think this is in the $7007.45 on quote)
    I was wondering what the current RV and MF are for NC. Something just seems off on the payment Also curious on the deal?

    63% for 36/10 (62% for 36/12) and .00100

    Using the MSRP and net price you've provided, I get $534/mo before tax for 36/10.

    What is the tax rate in NC?

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  • mlmiller63mlmiller63 Member Posts: 4
    3% is the tax rate
    Thanks for the quick response Something is not right with their number
  • MichaellMichaell Moderator Posts: 233,839

    3% is the tax rate
    Thanks for the quick response Something is not right with their number

    Then, the payment I calculate is $550/mo

    Confirm both the adjusted cap cost and the MF they are using for their quote - that should clear up and discrepancies.

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  • mlmiller63mlmiller63 Member Posts: 4
    Perfect You provide a real service to us consumers - Thank you and have a great day!
  • mlmiller63mlmiller63 Member Posts: 4
    So I just had it out with the dealer. He swear MF is .0012. Is there any way he is right. I did fine some hidden fees when I made him walk through the calculations.
  • MichaellMichaell Moderator Posts: 233,839

    So I just had it out with the dealer. He swear MF is .0012. Is there any way he is right. I did fine some hidden fees when I made him walk through the calculations.

    It is possible; the Lexus MF numbers are regional, and we only have the data for one region.

    Check with other dealers nearby - if you get a consistent answer, then you'll know for sure.

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  • usmanakr86usmanakr86 Member Posts: 25
    hi can you please tell me what the RV and MF for 36/10 and 36/12 is in CT for the gx460 for april and any incentives. thank you
  • MichaellMichaell Moderator Posts: 233,839

    hi can you please tell me what the RV and MF for 36/10 and 36/12 is in CT for the gx460 for april and any incentives. thank you

    .00100 or .00120 (we show .00100, but other regions could be higher) and 63% / 62%

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  • usmanakr86usmanakr86 Member Posts: 25
    Thank you Michaell I did go to a dealer but all 3 of the Lexus dealers in my area are shady this is what I got. I didn't even get a chance to negotiate the price with this guy he's charging bank fee twice and so many other things 

    1 Lease Money Factor: 0.00135
    2. Term: 36
    3. M.S.R.P.: $   58,719.00
    4. Residual %: 63.00%
    5. Residual: $   36,992.97
    6. Selling Price: $   53,395.00
    7. Bank Fee Capped: $    700.00
    8 Adjusted Cap Cost: $   55,799.00
    9. Total Cash Down: $0
    10. Rebate: $    750.00
    Base Monthly Rental: $    647.66
    11. Total Monthly Payment: $   697.85
    12. Security Deposit: $0
    13. Registration   (D): $    175.00
    14. Other Fees     (D): $  1,401.00
    15. CapTax1 Rt/Amt: 7.7500% $    58.13
    16. Cash Cap Reduction: $0
    17. Amount Due At Start: $0   
    18. Amount buried in payment: $2,453.89
    19. Total Sales Tax: $  1,986.88

    Breakdown of fees buried in payment
    First Monthly Payment.......      697.85
    REG FEE CT        (D).......      175.00
    LEMON LAW NEW...............        3.00
    Acquisition Fee   (D).......      700.00
    DOC FEE.....................      499.00
    VIN ETCH....................      199.00
    Tax on Cap Reduction........       58.13
    Tax on Upfront Items........      121.91
     ____________________________  __________
     Total Inception Fees........    2,453.89


  • MichaellMichaell Moderator Posts: 233,839

    Thank you Michaell I did go to a dealer but all 3 of the Lexus dealers in my area are shady this is what I got. I didn't even get a chance to negotiate the price with this guy he's charging bank fee twice and so many other things 

    1 Lease Money Factor: 0.00135
    2. Term: 36
    3. M.S.R.P.: $   58,719.00
    4. Residual %: 63.00%
    5. Residual: $   36,992.97
    6. Selling Price: $   53,395.00
    7. Bank Fee Capped: $    700.00
    8 Adjusted Cap Cost: $   55,799.00
    9. Total Cash Down: $0
    10. Rebate: $    750.00
    Base Monthly Rental: $    647.66
    11. Total Monthly Payment: $   697.85
    12. Security Deposit: $0
    13. Registration   (D): $    175.00
    14. Other Fees     (D): $  1,401.00
    15. CapTax1 Rt/Amt: 7.7500% $    58.13
    16. Cash Cap Reduction: $0
    17. Amount Due At Start: $0   
    18. Amount buried in payment: $2,453.89
    19. Total Sales Tax: $  1,986.88

    Breakdown of fees buried in payment
    First Monthly Payment.......      697.85
    REG FEE CT        (D).......      175.00
    LEMON LAW NEW...............        3.00
    Acquisition Fee   (D).......      700.00
    DOC FEE.....................      499.00
    VIN ETCH....................      199.00
    Tax on Cap Reduction........       58.13
    Tax on Upfront Items........      121.91
     ____________________________  __________
     Total Inception Fees........    2,453.89

    I can't reconcile those numbers, either.

    I get $607/mo before tax with your prices.

    Are you being quoted the same MF from all three dealers?

    How far are you willing to travel to get the deal you want? Providence, Boston, NYC? Only takes one dealer to be transparent with the numbers.

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  • usmanakr86usmanakr86 Member Posts: 25
     I'm able to go far as long the dealer isn't scamming out a few grand. Do you know around? The money factor all three used was .00135.
  • MichaellMichaell Moderator Posts: 233,839

     I'm able to go far as long the dealer isn't scamming out a few grand. Do you know around? The money factor all three used was .00135.

    Lexus has regional MF, but we don't have the information for all regions. If you are getting the same MF from three different dealers, it's likely that is the correct MF.

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  • usmanakr86usmanakr86 Member Posts: 25
    Yes that's what I figured but was hoping to get at least 10% off msrp unfortunately no dealer is up that so will be looking for other suvs I still have a month till my second child comes so I have a month to get a bigger vehicle. Any suggestions on any good deals for an SUV? Thank you for your help kept me from making a bad decision. 
  • MichaellMichaell Moderator Posts: 233,839

    Yes that's what I figured but was hoping to get at least 10% off msrp unfortunately no dealer is up that so will be looking for other suvs I still have a month till my second child comes so I have a month to get a bigger vehicle. Any suggestions on any good deals for an SUV? Thank you for your help kept me from making a bad decision. 

    I'm seeing pretty decent deals on the Infiniti QX60, at the moment.

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  • usmanakr86usmanakr86 Member Posts: 25
    okay thank you I'll check that out. Update you if I get an offer. 
  • usmanakr86usmanakr86 Member Posts: 25
    edited May 2017
    @michaell
    So I got an offer on the qx60 premium+ premium with driver assist msrp $52800 selling price 46350 mF .00103 39 min 10k lease $530 including Ct tax with 1,500 due at signing. Should I pull the trigger? 
  • kyfdxkyfdx Moderator Posts: 227,575

    @michaell
    So I got an offer on the qx60 premium+ premium with driver assist msrp $52800 selling price 46350 mF .00103 39 min 10k lease $530 including Ct tax with 1,500 due at signing. Should I pull the trigger? 

    You should probably post Infiniti QX60 info in this discussion:
    https://forums.edmunds.com/discussion/43191/infiniti/qx60/2017-infiniti-qx60-lease-questions#latest

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  • royals15royals15 Member Posts: 2
    Just had a dealer quote a .0055 money factor for a 2017 GX. I'm assuming it should be closer to the .00135 MF provided previously.
  • MichaellMichaell Moderator Posts: 233,839
    royals15 said:

    Just had a dealer quote a .0055 money factor for a 2017 GX. I'm assuming it should be closer to the .00135 MF provided previously.

    Uh, yeah, that's marked up just a bit.

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  • nicksmu17nicksmu17 Member Posts: 183
    36/10k luxury trim Illinois? Thanks
  • kyfdxkyfdx Moderator Posts: 227,575
    nicksmu17 said:

    36/10k luxury trim Illinois? Thanks

    .00135 MF and 63% residual.
    $1000 lease cash

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  • chickmacchickmac Member Posts: 5
    just took a 2017 GX460 premium MSRP 59078
    649 NYS tax included x 39 months, 10k per year
    absolutely nothing out of pocket, not even a dime.
    cap cost 53072
  • MichaellMichaell Moderator Posts: 233,839
    chickmac said:

    just took a 2017 GX460 premium MSRP 59078
    649 NYS tax included x 39 months, 10k per year
    absolutely nothing out of pocket, not even a dime.
    cap cost 53072

    Congrats!

    Thanks for sharing.

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  • texlease1texlease1 Member Posts: 2
    Hey guys, I'm looking for the incentives, mf and residuals on gx460 premium 36/39 months and 10k/12k. Also,what's the typical markup from invoice to msrp on a Lexus? 9% or so?  Any holdback in that?

    I'm in Dallas.

    thanks!
  • kyfdxkyfdx Moderator Posts: 227,575
    texlease1 said:

    Hey guys, I'm looking for the incentives, mf and residuals on gx460 premium 36/39 months and 10k/12k. Also,what's the typical markup from invoice to msrp on a Lexus? 9% or so?  Any holdback in that?

    I'm in Dallas.

    thanks!

    .00120 MF and 62%/60% for 36/39 months, 12K/yr
    Add 1% for 10K/yr.

    Use the Make/Model/Year tabs at the top of the page to access invoice pricing.

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  • cleveohcleveoh Member Posts: 36
    Could I please have the numbers in ohio for GX premium for 36/39 10/12 k. Thank you!
  • MichaellMichaell Moderator Posts: 233,839
    cleveoh said:

    Could I please have the numbers in ohio for GX premium for 36/39 10/12 k. Thank you!

    62% (36/12) or 60% (39/12) and .00120

    Add 1% for 10K

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  • metahimetahi Member Posts: 42
    HI looking for the numbers for GX premium & luxury 10/12k for Massachusetts - thanks!
  • MichaellMichaell Moderator Posts: 233,839
    metahi said:

    HI looking for the numbers for GX premium & luxury 10/12k for Massachusetts - thanks!

    .00120 and 63% / 62%, assuming 36 months

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  • cleveohcleveoh Member Posts: 36
    Can I please have the numbers in ohio for the GX premium for a 36/39 10/12k. Thank you!
  • kyfdxkyfdx Moderator Posts: 227,575
    cleveoh said:

    Can I please have the numbers in ohio for the GX premium for a 36/39 10/12k. Thank you!

    .00135 MF and 62%/60% residual for 36/39 mo, 12K/yr
    $1000 lease cash
    Add 1% for 10K/yr

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  • frankthetank6frankthetank6 Member Posts: 2
    Can I please have the numbers for GX Base & Premium 36/12K for SC? Thank you!
  • MichaellMichaell Moderator Posts: 233,839

    Can I please have the numbers for GX Base & Premium 36/12K for SC? Thank you!

    62% and .00135

    $1000 lease cash

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  • treata3treata3 Member Posts: 4
    Looking for MF and residual 36 Month 15K year...Thanks in Advance!
  • kyfdxkyfdx Moderator Posts: 227,575
    treata3 said:

    Looking for MF and residual 36 Month 15K year...Thanks in Advance!

    .00100 MF and 60% residual

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  • dan436dan436 Member Posts: 28
    Can I please have the MF and residual for Illinois?

    36 months and 10k miles
  • kyfdxkyfdx Moderator Posts: 227,575
    dan436 said:

    Can I please have the MF and residual for Illinois?

    36 months and 10k miles

    .00135 MF and 63% residual
    $1000 lease cash

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  • mammothbunnymammothbunny Member Posts: 13
    MF/Resid 24Mo/15k and 36Mo/15k Base & Prem So Cal.?

    Thanks!
  • MichaellMichaell Moderator Posts: 233,839

    MF/Resid 24Mo/15k and 36Mo/15k Base & Prem So Cal.?

    Thanks!

    .00135 and 67% / 60%

    $1000 lease cash

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • sand529sand529 Member Posts: 45
    Can I please have the numbers for GX Base & Premium 36/12K for NYS/NJ/CT?
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