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2017 Lexus NX Lease Deals and Prices

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    irina_k123irina_k123 Member Posts: 3
    kyfdx said:

    Michaell said:

    Hi, could you please tell if my numbers look ok to you.
    I am in northern CA. I'm doing lease for the first time. I thought this deal was good, but after reading comments here I’ve got confused with MF. I’m getting 0.0015 with my numbers. But it seems extremely high compared with 0.00055 mentioned here several times. My credit is excellent. What am I missing here? Thank you!

    2017 NX 200t AWD, 36 months, 12K miles, $336.72 monthly incl. tax (or $311.06 without tax)

    MSRP $38,928
    Price $36,875
    Trade-in $7000
    Rebate $2,000
    Residual $21799.68
    Rent charge $2896.20
    Gross cap cost $36875 (with $875 excess wear plan)
    Cap cost red $6773.52 (equals 9000 minus everything below)
    Doc Fee $80
    Title/License/Reg $346
    Tire/Battery $8.75
    DMV EFF $29
    Acq. Fee $795
    Tax $631.01
    1st payment $336.72

    What adjusted cap cost number is the dealer using to get their quoted payment?

    Or, are these your calculations?

    We don't recommend using trade equity as cap reduction - if the car is stolen or totaled, you would lose that money. Only cover the first payment and non-taxable fees (registration), and have the dealer cut you a check for the balance.
    Thank you, Michaell. Adjusted cap cost is $30101.48. All above numbers are from the dealer, I only tried to calculate MF myself and came up with 0.00155.
    Your calculations on the money factor look to be correct.
    That's the problem with making large CAP cost reductions. It obscures the true monthly cost, and it's easy for them to slide in upcharges and extras.

    That money factor bump is adding about $50/mo.+tax.
    Thank you. What is the best language to use when asking dealer about lower MF? Can I show them this rate (0.00055) published somewhere? Should I use words LFS base rate or something?
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    MichaellMichaell Moderator Posts: 244,971

    kyfdx said:

    Michaell said:

    Hi, could you please tell if my numbers look ok to you.
    I am in northern CA. I'm doing lease for the first time. I thought this deal was good, but after reading comments here I’ve got confused with MF. I’m getting 0.0015 with my numbers. But it seems extremely high compared with 0.00055 mentioned here several times. My credit is excellent. What am I missing here? Thank you!

    2017 NX 200t AWD, 36 months, 12K miles, $336.72 monthly incl. tax (or $311.06 without tax)

    MSRP $38,928
    Price $36,875
    Trade-in $7000
    Rebate $2,000
    Residual $21799.68
    Rent charge $2896.20
    Gross cap cost $36875 (with $875 excess wear plan)
    Cap cost red $6773.52 (equals 9000 minus everything below)
    Doc Fee $80
    Title/License/Reg $346
    Tire/Battery $8.75
    DMV EFF $29
    Acq. Fee $795
    Tax $631.01
    1st payment $336.72

    What adjusted cap cost number is the dealer using to get their quoted payment?

    Or, are these your calculations?

    We don't recommend using trade equity as cap reduction - if the car is stolen or totaled, you would lose that money. Only cover the first payment and non-taxable fees (registration), and have the dealer cut you a check for the balance.
    Thank you, Michaell. Adjusted cap cost is $30101.48. All above numbers are from the dealer, I only tried to calculate MF myself and came up with 0.00155.
    Your calculations on the money factor look to be correct.
    That's the problem with making large CAP cost reductions. It obscures the true monthly cost, and it's easy for them to slide in upcharges and extras.

    That money factor bump is adding about $50/mo.+tax.
    Thank you. What is the best language to use when asking dealer about lower MF? Can I show them this rate (0.00055) published somewhere? Should I use words LFS base rate or something?
    Tell them, politely, that you won't sign a deal where the MF has been marked up. They know the base rate.

    And, start shopping other dealers - the competition will benefit you in the long run.

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    ssteigssssteigss Member Posts: 46
    Can u provide 36m/15k residual /Mf in Mass. also what is charge for extra miles. Any lease cash/rebates?
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    MichaellMichaell Moderator Posts: 244,971
    ssteigss said:

    Can u provide 36m/15k residual /Mf in Mass. also what is charge for extra miles. Any lease cash/rebates?

    .00010 and 54%; $3000 lease cash

    I believe extra miles are .15 each

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    cpatx0505cpatx0505 Member Posts: 6
    Hi there! I'm reaching the end of my RX lease and am shopping for a new NX lease. I've spoken with two dealers and am trying to understand how they are reaching the monthly payments offered. Can you please tell me what the MF and residual for a 36/10, 39/10 and 42/10 NX 200t FWD in Texas is? The dealer told me they are using .0008 but I was expecting .0005 and the residual price of the car seems low - can they adjust them as they see fit?
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    kyfdxkyfdx Moderator Posts: 243,108
    cpatx0505 said:

    Hi there! I'm reaching the end of my RX lease and am shopping for a new NX lease. I've spoken with two dealers and am trying to understand how they are reaching the monthly payments offered. Can you please tell me what the MF and residual for a 36/10, 39/10 and 42/10 NX 200t FWD in Texas is? The dealer told me they are using .0008 but I was expecting .0005 and the residual price of the car seems low - can they adjust them as they see fit?

    .00045 MF (.00055 for 39/42 months)
    $2500 lease cash
    57%/55%/53% residual

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    sandjclarksandjclark Member Posts: 4
    I am looking to lease a 2017 Lexus NX 200t. I have been offered the following deal and wanted to see if it was a great deal or not.
    MSRP: $41,178
    Final price after discounts and fees: $36,103.52
    36 month lease, 12,000 miles/yr, $3000 down, lease payment: $335 per month (35 payments as 1st payment is absorbed in $3000 down)
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    MichaellMichaell Moderator Posts: 244,971

    I am looking to lease a 2017 Lexus NX 200t. I have been offered the following deal and wanted to see if it was a great deal or not.
    MSRP: $41,178
    Final price after discounts and fees: $36,103.52
    36 month lease, 12,000 miles/yr, $3000 down, lease payment: $335 per month (35 payments as 1st payment is absorbed in $3000 down)

    What state?

    Why put $3000 down on a lease?

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    sandjclarksandjclark Member Posts: 4
    NC. Was just trying to get my monthly payments down. I can probably add the 3k back into the lease deal.
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    MichaellMichaell Moderator Posts: 244,971

    NC. Was just trying to get my monthly payments down. I can probably add the 3k back into the lease deal.

    We discourage up front cash - it masks the true cost of the lease, and that money is lost if the car is stolen or totaled.

    About $85/mo added to the payment, without the cash up front.

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    sandjclarksandjclark Member Posts: 4
    So...do you consider this a good deal at $0 down, $420 per month?
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    MichaellMichaell Moderator Posts: 244,971

    So...do you consider this a good deal at $0 down, $420 per month?

    If that includes tax, that is a strong payment on a $41K sticker price.

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    eagelateagelat Member Posts: 17
    Could I get the numbers for a 2017 NX Turbo in Dallas, TX, for 3/36
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    sandjclarksandjclark Member Posts: 4
    Ended up with $405 per month, $0 down, 36 months, 15K per year...How did I do?
    MSRP was 41,178.
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    MichaellMichaell Moderator Posts: 244,971

    Ended up with $405 per month, $0 down, 36 months, 15K per year...How did I do?
    MSRP was 41,178.

    Congrats! Looks solid.

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    MichaellMichaell Moderator Posts: 244,971
    eagelat said:

    Could I get the numbers for a 2017 NX Turbo in Dallas, TX, for 3/36

    .00045 and 56%
    $2500 lease cash

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    sksimonsksimon Member Posts: 1
    May I have the residual, MF for NX200T F Sport for 30/10k and 24/10k in Michigan?
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    swank9999swank9999 Member Posts: 4
    edited October 2017
    Can I get the MF and residual on 12K in Illinois? Dealer offered me .001 MF, 56% residual and $3K lease cash on 36 month lease.
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    MichaellMichaell Moderator Posts: 244,971
    sksimon said:

    May I have the residual, MF for NX200T F Sport for 30/10k and 24/10k in Michigan?

    .00045 and 61% / 64%
    Do not have the incentive amount for MI

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    MichaellMichaell Moderator Posts: 244,971
    swank9999 said:

    Can I get the MF and residual on 12K in Illinois? Dealer offered me .001 MF, 56% residual and $3K lease cash on 36 month lease.

    .00045 is the base MF, this month

    Dealer cannot modify the residual value

    Don't have the incentive info for IL, but if they are quoting you $3K, that sounds right.

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    kyfdxkyfdx Moderator Posts: 243,108
    Michaell said:

    sksimon said:

    May I have the residual, MF for NX200T F Sport for 30/10k and 24/10k in Michigan?

    .00045 and 61% / 64%
    Do not have the incentive amount for MI
    Michaell said:

    swank9999 said:

    Can I get the MF and residual on 12K in Illinois? Dealer offered me .001 MF, 56% residual and $3K lease cash on 36 month lease.

    .00045 is the base MF, this month

    Dealer cannot modify the residual value

    Don't have the incentive info for IL, but if they are quoting you $3K, that sounds right.
    Central Region lease cash is $3000 for the NX

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    davidsm1davidsm1 Member Posts: 21
    What’s the numbers on a 200t 12k and 10k, 36 and 24 months. Lease cash? I live in Miami Florida 
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    MichaellMichaell Moderator Posts: 244,971
    davidsm1 said:

    What’s the numbers on a 200t 12k and 10k, 36 and 24 months. Lease cash? I live in Miami Florida 

    .00045 and 63% (24/12) or 56% (36/12)
    Add 1% for 10K
    $2500 lease cash

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    cpatx0505cpatx0505 Member Posts: 6
    Do you think this is good deal or can I do better on an NX 200t? This is inclusive of $3,500 in rebates and I'm in Texas
    MSRP: $41,303
    selling price, $37,500
    39 months/10,000
    6 security deposits ($2,400)
    $387 per month, $0 down

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    kansan17kansan17 Member Posts: 13
    I am new to leasing car and still trying to figure it out. The lease deal I am looking at is
    Monthly payment: $394/mo
    10k miles/36mo
    $930 down.
    Is it an ok deal? What should I look more closely? Thanks for your help in advance.

    Here is the breakdown:

    2017 Lexus NX Turbo
    MSRP: $39,110
    Sale: $35,981

    Lease Acquisition Fee: $795
    Admin Fee: $385
    Down Incentives Tax: $337.50
    Capitalized Cost: $37,498.50
    Capitalized Cost Reduction: $-563.68
    Lease Cash: -$3,000 (lexus incentive)
    Bonus Cash: $-1,500 (lexus incentive)
    Adjusted Cap Cost: $32,434.82

    Residual Value @10k Miles / year: -$22,292.70 (57%)
    Depriciation: $10,142.12


    Money factor: 0.00155
    Finance Charge: $3,053.88

    Total lease payments $13,759.48

    Down payment: $563.68
    First Month's payment $394.04
    Total due at signing: $930.23

    sales tax included in payment: 7.5%
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    taganrogtaganrog Member Posts: 5
    Hi folks,
    considering to purchase left over 2017 NX
    so far I only got around 6k off msrp
    anyone had better luck?

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    MichaellMichaell Moderator Posts: 244,971
    cpatx0505 said:

    Do you think this is good deal or can I do better on an NX 200t? This is inclusive of $3,500 in rebates and I'm in Texas
    MSRP: $41,303
    selling price, $37,500
    39 months/10,000
    6 security deposits ($2,400)
    $387 per month, $0 down

    Other than the $2400 for MSD, how much does the dealer want from you at signing?

    Doesn't seem like much of a discount from sticker, with the incentives.

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    MichaellMichaell Moderator Posts: 244,971
    kansan17 said:

    I am new to leasing car and still trying to figure it out. The lease deal I am looking at is
    Monthly payment: $394/mo
    10k miles/36mo
    $930 down.
    Is it an ok deal? What should I look more closely? Thanks for your help in advance.

    Here is the breakdown:

    2017 Lexus NX Turbo
    MSRP: $39,110
    Sale: $35,981

    Lease Acquisition Fee: $795
    Admin Fee: $385
    Down Incentives Tax: $337.50
    Capitalized Cost: $37,498.50
    Capitalized Cost Reduction: $-563.68
    Lease Cash: -$3,000 (lexus incentive)
    Bonus Cash: $-1,500 (lexus incentive)
    Adjusted Cap Cost: $32,434.82

    Residual Value @10k Miles / year: -$22,292.70 (57%)
    Depriciation: $10,142.12

    Money factor: 0.00155
    Finance Charge: $3,053.88

    Total lease payments $13,759.48

    Down payment: $563.68
    First Month's payment $394.04
    Total due at signing: $930.23

    sales tax included in payment: 7.5%

    What state is this? Lexus numbers are regional.

    But, the MF is almost certainly marked up, adding to your payment.

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    MichaellMichaell Moderator Posts: 244,971
    taganrog said:

    Hi folks,
    considering to purchase left over 2017 NX
    so far I only got around 6k off msrp
    anyone had better luck?

    We don’t track pricing – use the “make / model / year” tabs at the top of the page to link to the Edmunds price tools.

    Edmunds Price Checker
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    kansan17kansan17 Member Posts: 13
    Michaell said:

    kansan17 said:

    I am new to leasing car and still trying to figure it out. The lease deal I am looking at is
    Monthly payment: $394/mo
    10k miles/36mo
    $930 down.
    Is it an ok deal? What should I look more closely? Thanks for your help in advance.

    Here is the breakdown:

    2017 Lexus NX Turbo
    MSRP: $39,110
    Sale: $35,981

    Lease Acquisition Fee: $795
    Admin Fee: $385
    Down Incentives Tax: $337.50
    Capitalized Cost: $37,498.50
    Capitalized Cost Reduction: $-563.68
    Lease Cash: -$3,000 (lexus incentive)
    Bonus Cash: $-1,500 (lexus incentive)
    Adjusted Cap Cost: $32,434.82

    Residual Value @10k Miles / year: -$22,292.70 (57%)
    Depriciation: $10,142.12

    Money factor: 0.00155
    Finance Charge: $3,053.88

    Total lease payments $13,759.48

    Down payment: $563.68
    First Month's payment $394.04
    Total due at signing: $930.23

    sales tax included in payment: 7.5%

    What state is this? Lexus numbers are regional.

    But, the MF is almost certainly marked up, adding to your payment.
    --------------------------
    Its Wichita, Kansas. Can you pls help me understand what does it mean that Money factor is marked up? Thanks
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    MichaellMichaell Moderator Posts: 244,971
    kansan17 said:

    Michaell said:

    kansan17 said:

    I am new to leasing car and still trying to figure it out. The lease deal I am looking at is
    Monthly payment: $394/mo
    10k miles/36mo
    $930 down.
    Is it an ok deal? What should I look more closely? Thanks for your help in advance.

    Here is the breakdown:

    2017 Lexus NX Turbo
    MSRP: $39,110
    Sale: $35,981

    Lease Acquisition Fee: $795
    Admin Fee: $385
    Down Incentives Tax: $337.50
    Capitalized Cost: $37,498.50
    Capitalized Cost Reduction: $-563.68
    Lease Cash: -$3,000 (lexus incentive)
    Bonus Cash: $-1,500 (lexus incentive)
    Adjusted Cap Cost: $32,434.82

    Residual Value @10k Miles / year: -$22,292.70 (57%)
    Depriciation: $10,142.12

    Money factor: 0.00155
    Finance Charge: $3,053.88

    Total lease payments $13,759.48

    Down payment: $563.68
    First Month's payment $394.04
    Total due at signing: $930.23

    sales tax included in payment: 7.5%

    What state is this? Lexus numbers are regional.

    But, the MF is almost certainly marked up, adding to your payment.
    --------------------------
    Its Wichita, Kansas. Can you pls help me understand what does it mean that Money factor is marked up? Thanks
    The base MF for the NX is .00055; the dealer may add to that rate for extra profit.

    With the .00155 MF, I get the same payment as the dealer.

    With the base MF of .00055, the payment drops to $335/mo (tax included). $60/mo is a lot of money to give to the dealer.

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    kansan17kansan17 Member Posts: 13
    Michaell said:

    kansan17 said:

    Michaell said:

    kansan17 said:

    I am new to leasing car and still trying to figure it out. The lease deal I am looking at is
    Monthly payment: $394/mo
    10k miles/36mo
    $930 down.
    Is it an ok deal? What should I look more closely? Thanks for your help in advance.

    Here is the breakdown:

    2017 Lexus NX Turbo
    MSRP: $39,110
    Sale: $35,981

    Lease Acquisition Fee: $795
    Admin Fee: $385
    Down Incentives Tax: $337.50
    Capitalized Cost: $37,498.50
    Capitalized Cost Reduction: $-563.68
    Lease Cash: -$3,000 (lexus incentive)
    Bonus Cash: $-1,500 (lexus incentive)
    Adjusted Cap Cost: $32,434.82

    Residual Value @10k Miles / year: -$22,292.70 (57%)
    Depriciation: $10,142.12

    Money factor: 0.00155
    Finance Charge: $3,053.88

    Total lease payments $13,759.48

    Down payment: $563.68
    First Month's payment $394.04
    Total due at signing: $930.23

    sales tax included in payment: 7.5%

    What state is this? Lexus numbers are regional.

    But, the MF is almost certainly marked up, adding to your payment.
    --------------------------
    Its Wichita, Kansas. Can you pls help me understand what does it mean that Money factor is marked up? Thanks
    The base MF for the NX is .00055; the dealer may add to that rate for extra profit.

    With the .00155 MF, I get the same payment as the dealer.

    With the base MF of .00055, the payment drops to $335/mo (tax included). $60/mo is a lot of money to give to the dealer.
    Thanks so much for the information. I will go back to dealer for lowering MF.
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    cpatx0505cpatx0505 Member Posts: 6
    Michaell said:
    Do you think this is good deal or can I do better on an NX 200t? This is inclusive of $3,500 in rebates and I'm in Texas MSRP: $41,303 selling price, $37,500 39 months/10,000 6 security deposits ($2,400) $387 per month, $0 down
    Other than the $2400 for MSD, how much does the dealer want from you at signing? Doesn't seem like much of a discount from sticker, with the incentives.
    Thanks Michaell. The dealer wants around $300 in fees but I’m not putting anything down other than the security deposits. How much do you typically see off the MSRP? I can definetely try to get more discounted just don’t know what a good deal/reasonable goal number is.
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    MichaellMichaell Moderator Posts: 244,971
    cpatx0505 said:


    Michaell said:

    cpatx0505 said:

    Do you think this is good deal or can I do better on an NX 200t? This is inclusive of $3,500 in rebates and I'm in Texas
    MSRP: $41,303
    selling price, $37,500
    39 months/10,000
    6 security deposits ($2,400)
    $387 per month, $0 down

    Other than the $2400 for MSD, how much does the dealer want from you at signing?

    Doesn't seem like much of a discount from sticker, with the incentives.

    Thanks Michaell. The dealer wants around $300 in fees but I’m not putting anything down other than the security deposits. How much do you typically see off the MSRP? I can definetely try to get more discounted just don’t know what a good deal/reasonable goal number is.

    We don’t track pricing – use the “make / model / year” tabs at the top of the page to link to the Edmunds price tools.

    In addition to the MSDs, we suggest the first payment and any registration costs be paid up front.

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    cpatx0505cpatx0505 Member Posts: 6
    ok, thank you. I'll research the sale price. I'm also digging a bit more into the rebates/incentives... I'm already getting a $2,500 rebate and another $1000 off for conquest deal (i believe this is for having another person on my insurance), but I'm seeing online a $1,500 cash back offer on select NX models from the manufacturer. Should I be able to get that added to my deal?

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    nr4pacnr4pac Member Posts: 8
    Edmunds has been a great source of info as I have leased many cars over the years for family and business. I am about to lease a 2017 NX F-Sport for 36/18K year.
    Assuming the current MF and Residual for a 36/15K is .00055/54% and I am being quoted .00035/50.2% for the 36/18K. I would then have to prebuy the extra miles @ .20 cents per. Would I only have to pre buy those xtra miles over the 15K allotted (3K miles a year x 3)?
    Long story short, I have an offer sheet on NX F-Sport 47,600 SRP, less 4,760 Dealer Discount and 2,800 Lexus Rebates. (Lease Cash & Lex Loyalty). 15.8% disc. All the fees look legit and accurate. According to dealer; .00035 MF/36/18K/50.2% resid/ + 8% tax (New York, but getting car from Pennsyl)= 537./month, all inclusive.
    Also, I was under the impression that Pennsyl has a 3,000 Lexus Cash on top of the 1,000 Lexus Loyalty. Sounds ok, but any advice much appreciated. Thank you.
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    kyfdxkyfdx Moderator Posts: 243,108
    nr4pac said:

    Edmunds has been a great source of info as I have leased many cars over the years for family and business. I am about to lease a 2017 NX F-Sport for 36/18K year.
    Assuming the current MF and Residual for a 36/15K is .00055/54% and I am being quoted .00035/50.2% for the 36/18K. I would then have to prebuy the extra miles @ .20 cents per. Would I only have to pre buy those xtra miles over the 15K allotted (3K miles a year x 3)?
    Long story short, I have an offer sheet on NX F-Sport 47,600 SRP, less 4,760 Dealer Discount and 2,800 Lexus Rebates. (Lease Cash & Lex Loyalty). 15.8% disc. All the fees look legit and accurate. According to dealer; .00035 MF/36/18K/50.2% resid/ + 8% tax (New York, but getting car from Pennsyl)= 537./month, all inclusive.
    Also, I was under the impression that Pennsyl has a 3,000 Lexus Cash on top of the 1,000 Lexus Loyalty. Sounds ok, but any advice much appreciated. Thank you.

    .00035 MF is the Eastern region rate.
    NY and PA are in the same region, so the rates and rebates are the same. $1800+$1000 is correct for a lease.
    I don't see $3000 anywhere.
    The mileage reduction is 9000 X $0.20 = $1800. They divided the $1800 by the MSRP to come up with the 3.8% residual reduction (ergo, 50.2%)
    Get the adjusted CAP cost, and we can check the calculations, but it looks like you have all the numbers, otherwise.

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    tinbotstinbots Member Posts: 47
    Have an offer in South West Florida for $383/mo (with $383 due at signing) for a base NX 200t, excluding taxes.

    Trying to find out the sales price, money factor, and residual.

    Is this a good price, or might something better come in November / December? Not sure if there have been better deals during those months in the past few years.
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    MichaellMichaell Moderator Posts: 244,971
    tinbots said:

    Have an offer in South West Florida for $383/mo (with $383 due at signing) for a base NX 200t, excluding taxes.

    Trying to find out the sales price, money factor, and residual.

    Is this a good price, or might something better come in November / December? Not sure if there have been better deals during those months in the past few years.

    Hard to say, without knowing the details that you are seeking.

    Lexus has been running their "December to Remember" events for a number of years; can't tell you how much better will be than they are now.

    What I do know is that the inventory of 2017 NXs will be smaller two months from now....

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    nr4pacnr4pac Member Posts: 8
    Thank you for the info and the explanation of how the residual gets reduced. I figured it had to somehow. The salesperson has been very good during the process and upfront about everything, but I wanted to get an expert opinion from Edmunds. Here are the details of the offer:

    MSRP: $47,643
    Sell Price $43,000

    Lease Acquisition Fee: $795
    NYS Reg Fee/Admin: $405 (Leasing are in PA, but registering in NY)
    Doc Fee/Misc: $199
    Capitalized Cost: $44,399
    Lexus Cash: - 1,800 (lexus incentive)
    Lexus Loyalty: -1,000
    Adjusted Cap Cost: $ 41,599
    Residual @ 36/18K yr 50.2%
    Money factor: 0.00035
    -0- Down Payment

    All Fees rolled into Monthly Payment
    Monthly Payment is $ 566.00 (with 2,800 Lexus rebates)
    I can also get the Monthly reduced to $ 537. month if family member qualifies for the $ 1,000. Lexus College Grad Cash
    New York State Sales Tax Included in payment: 8%

    Do Both these payment make sense?

    Lastly, since the extra miles at .20 lower the Resid, do I also have to add .20 per mile to the monthly lease amount? Sorry for my confusion.

    Thank you for your help!

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    kyfdxkyfdx Moderator Posts: 243,108
    nr4pac said:

    Thank you for the info and the explanation of how the residual gets reduced. I figured it had to somehow. The salesperson has been very good during the process and upfront about everything, but I wanted to get an expert opinion from Edmunds. Here are the details of the offer:

    MSRP: $47,643
    Sell Price $43,000

    Lease Acquisition Fee: $795
    NYS Reg Fee/Admin: $405 (Leasing are in PA, but registering in NY)
    Doc Fee/Misc: $199
    Capitalized Cost: $44,399
    Lexus Cash: - 1,800 (lexus incentive)
    Lexus Loyalty: -1,000
    Adjusted Cap Cost: $ 41,599
    Residual @ 36/18K yr 50.2%
    Money factor: 0.00035
    -0- Down Payment

    All Fees rolled into Monthly Payment
    Monthly Payment is $ 566.00 (with 2,800 Lexus rebates)
    I can also get the Monthly reduced to $ 537. month if family member qualifies for the $ 1,000. Lexus College Grad Cash
    New York State Sales Tax Included in payment: 8%

    Do Both these payment make sense?

    Lastly, since the extra miles at .20 lower the Resid, do I also have to add .20 per mile to the monthly lease amount? Sorry for my confusion.

    Thank you for your help!

    NY collects sales tax upfront. If it's being rolled in, it should be reflected in the adjusted CAP cost.
    The payment looks close, but without the actual tax number, it's just an estimate.
    By reducing the residual, you are paying for the extra mileage in increased depreciation. It's already in the payment.

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    tinbotstinbots Member Posts: 47
    Here is the offer I received on a 2017 NX 200t F Sport

    Sales price: $35740.90
    Money factor: .00045
    Residual: 57%.

    Using 6% tax the payment is $429.30

    Is this a good price? How much lower could I get it with multiple security deposits?
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    nr4pacnr4pac Member Posts: 8
    Thanks! The NYS Sales tax would be 1,512 (On the 566/month quote) So, if I add that to the Adjusted Cap Cost, that would increase the adjusted cap cost to: $ 43,111. They are quoting me 566/mo and 537/mo if I qualify for the extra 1,000 from lexus. both only 1st payment on delivery. I realize high mileage leases are often discouraged, but from a business deduction it makes sense and, if I decide to purchase at lease end, my total acquisition price would be thousands lower doing the lease and buy, versus a purchase from the beginning. Do you feel the monthly payment is good for this. Many thanks! M
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    MichaellMichaell Moderator Posts: 244,971
    tinbots said:

    Here is the offer I received on a 2017 NX 200t F Sport

    Sales price: $35740.90
    Money factor: .00045
    Residual: 57%.

    Using 6% tax the payment is $429.30

    Is this a good price? How much lower could I get it with multiple security deposits?

    What is the MSRP?

    You won't be able to use the maximum number of MSDs, as the base MF is already pretty low.

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    tinbotstinbots Member Posts: 47
    Michaell said:

    tinbots said:

    Here is the offer I received on a 2017 NX 200t F Sport

    Sales price: $35740.90
    Money factor: .00045
    Residual: 57%.

    Using 6% tax the payment is $429.30

    Is this a good price? How much lower could I get it with multiple security deposits?

    What is the MSRP?

    You won't be able to use the maximum number of MSDs, as the base MF is already pretty low.

    Thank you. The MSRP is $38,988.

    How many security deposits would I be able to use?

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    kyfdxkyfdx Moderator Posts: 243,108
    tinbots said:

    Michaell said:

    tinbots said:

    Here is the offer I received on a 2017 NX 200t F Sport

    Sales price: $35740.90
    Money factor: .00045
    Residual: 57%.

    Using 6% tax the payment is $429.30

    Is this a good price? How much lower could I get it with multiple security deposits?

    What is the MSRP?

    You won't be able to use the maximum number of MSDs, as the base MF is already pretty low.

    Thank you. The MSRP is $38,988.

    How many security deposits would I be able to use?

    I get about $426/mo. with those numbers.
    How much is due at signing?
    There is lease cash on this model, depending on where you live.

    5 MSDs at .00008 ea. = .00040 reduction = .00005 MF
    That would save about $25/mo.

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    tinbotstinbots Member Posts: 47
    kyfdx said:

    tinbots said:

    Michaell said:

    tinbots said:

    Here is the offer I received on a 2017 NX 200t F Sport

    Sales price: $35740.90
    Money factor: .00045
    Residual: 57%.

    Using 6% tax the payment is $429.30

    Is this a good price? How much lower could I get it with multiple security deposits?

    What is the MSRP?

    You won't be able to use the maximum number of MSDs, as the base MF is already pretty low.

    Thank you. The MSRP is $38,988.

    How many security deposits would I be able to use?

    I get about $426/mo. with those numbers.
    How much is due at signing?
    There is lease cash on this model, depending on where you live.

    5 MSDs at .00008 ea. = .00040 reduction = .00005 MF
    That would save about $25/mo.
    Thank you for the info, it is really appreciated.

    The only money due at signing is first month's payment.
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    tinbotstinbots Member Posts: 47
    Would you happen to know the residual and money factor for November? :smile:

    Wonder how it compares to the 2018 NX300.
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    kyfdxkyfdx Moderator Posts: 243,108
    tinbots said:

    Would you happen to know the residual and money factor for November? :smile:

    Wonder how it compares to the 2018 NX300.

    .00030 MF and 53% residual for 36/15
    $3000 lease cash

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    tinbotstinbots Member Posts: 47
    kyfdx said:

    tinbots said:

    Would you happen to know the residual and money factor for November? :smile:

    Wonder how it compares to the 2018 NX300.

    .00030 MF and 53% residual for 36/15
    $3000 lease cash
    Thanks! Do you know what the numbers happen to be for the NX 300h?
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