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2017 Lexus NX Lease Deals and Prices

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    doobeedoobee Member Posts: 42
    Michaell said:

    doobee said:

    Do you have the MF, residual, and incentives for an FWD NX in CA for 36/10k and 36/12k? Are the numbers different for NX F Sport?

    .00080 and 60% / 59%

    $1000 lease cash

    All trims
    How does the $1000 lease cash work? Is it just $1k off from the MSRP and then anything else you can negotiate off?
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    MichaellMichaell Moderator Posts: 242,863
    doobee said:

    Michaell said:

    doobee said:

    Do you have the MF, residual, and incentives for an FWD NX in CA for 36/10k and 36/12k? Are the numbers different for NX F Sport?

    .00080 and 60% / 59%

    $1000 lease cash

    All trims
    How does the $1000 lease cash work? Is it just $1k off from the MSRP and then anything else you can negotiate off?
    Negotiate your best price, then apply the $1000

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    kyfdxkyfdx Moderator Posts: 239,088
    doobee said:

    Michaell said:

    doobee said:

    Do you have the MF, residual, and incentives for an FWD NX in CA for 36/10k and 36/12k? Are the numbers different for NX F Sport?

    .00080 and 60% / 59%

    $1000 lease cash

    All trims
    How does the $1000 lease cash work? Is it just $1k off from the MSRP and then anything else you can negotiate off?
    It's an incentive from Lexus. It's treated as a CAP cost reduction.

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    sim159sim159 Member Posts: 26
    edited May 2017
    How does their conquest cash work?

    It states "Eligibility: Must be a current owner or lessee of an eligible non-luxury make, current model year and up to 5 years prior. Eligible competitor makes: Chevrolet, Chrysler, Ford, Jeep, Kia, GM, Hyundai, Honda, Nissan, Toyota, Scion, Subaru, or Volkswagen. Members of the same household will be accepted. Trade-in of current vehicle is not required. Must be credit approved by LFS."

    I have an immediate family member who lives with me that drives a 2015 Toyota Corolla. Would that count towards this?
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    kyfdxkyfdx Moderator Posts: 239,088
    mrpeeng said:

    How does their conquest cash work?

    It states "Eligibility: Must be a current owner or lessee of an eligible non-luxury make, current model year and up to 5 years prior. Eligible competitor makes: Chevrolet, Chrysler, Ford, Jeep, Kia, GM, Hyundai, Honda, Nissan, Toyota, Scion, Subaru, or Volkswagen. Members of the same household will be accepted. Trade-in of current vehicle is not required. Must be credit approved by LFS."

    I have an immediate family member who lives with me that drives a 2015 Toyota Corolla. Would that count towards this?

    As it reads, yes. But, we aren't administering the plan.

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    azwldct07azwldct07 Member Posts: 9
    edited May 2017
    Hello,

    Could I please have the MF and residual for a 24m/10k lease for June once it's available?

    Also, is there any lease cash available for current Lexus leasees?

    Thanks!
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    kyfdxkyfdx Moderator Posts: 239,088
    azwldct07 said:

    Hello,

    Could I please have the MF and residual for a 24m/10k lease for June once it's available?

    Also, is there any lease cash available for current Lexus leasees?

    Thanks!

    67% residual.

    That part of it is fixed through July 5th.

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    ndreevcndreevc Member Posts: 27
    edited May 2017
    Hi,
    Are residual, MF and lease cash for June are available? If they are, I'll really appreciate the June figures for zip 29210, SC for 36/10k and 24/10k. Thanks
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    gef_123gef_123 Member Posts: 3
    Hi, once available can I please have the MF and residual for TX (78249) for 36/7,500 and 36/10k? Thank you!
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    kyfdxkyfdx Moderator Posts: 239,088
    ndreevc said:

    Hi,
    Are residual, MF and lease cash for June are available? If they are, I'll really appreciate the June figures for zip 29210, SC for 36/10k and 24/10k. Thanks

    .00080 MF and 60%/67% residual
    $1000 lease cash

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    kyfdxkyfdx Moderator Posts: 239,088
    gef_123 said:

    Hi, once available can I please have the MF and residual for TX (78249) for 36/7,500 and 36/10k? Thank you!

    .00080 MF and 60%/61% residual
    $1000 lease cash

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    lotto24lotto24 Member Posts: 7
    Is "lease cash" what the dealer gets or is it a rebate?
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    MichaellMichaell Moderator Posts: 242,863
    lotto24 said:

    Is "lease cash" what the dealer gets or is it a rebate?

    Lease cash is a factory to dealer incentive, that the dealer can pass along to the customer.

    Use the knowledge to negotiate your best price.

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    nyigornyigor Member Posts: 98
    hello,
    what is mf and rv for nx200t fwd f sport in south fl?
    36/12, 36/10 and 27 month
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    kyfdxkyfdx Moderator Posts: 239,088
    nyigor said:

    hello,
    what is mf and rv for nx200t fwd f sport in south fl?
    36/12, 36/10 and 27 month

    .00080 MF and $1000 lease cash
    65%/59% residual for 27/36 mo, 12K/yr
    Add 1% for 10K/yr

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    danimal1126danimal1126 Member Posts: 11
    I was wanting to get MF and residual for 2017 nx200 FWD in Kansas City. 36/10K Thanks
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    MichaellMichaell Moderator Posts: 242,863

    I was wanting to get MF and residual for 2017 nx200 FWD in Kansas City. 36/10K Thanks

    .00080 and 60%

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    tee_dee_7tee_dee_7 Member Posts: 29
    Hi All

    MF AND RV FOR
    17' Lexus NX AWD
    36Mo/15k
    New Jersey

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    MichaellMichaell Moderator Posts: 242,863
    tee_dee_7 said:

    Hi All

    MF AND RV FOR
    17' Lexus NX AWD
    36Mo/15k
    New Jersey

    .00080 and 57%

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    tee_dee_7tee_dee_7 Member Posts: 29
    Michaell said:

    tee_dee_7 said:

    Hi All

    MF AND RV FOR
    17' Lexus NX AWD
    36Mo/15k
    New Jersey

    .00080 and 57%
    thank you
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    lamusiclamusic Member Posts: 28
    Hi. Do you have the MF and Residual on the NX 300h in Los Angeles for 36 mo/12k and 27 mo/12k? THANK YOU!
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    MichaellMichaell Moderator Posts: 242,863
    lamusic said:

    Hi. Do you have the MF and Residual on the NX 300h in Los Angeles for 36 mo/12k and 27 mo/12k? THANK YOU!

    .00080 and 59% / 65%

    $1000 lease cash

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    johnny529johnny529 Member Posts: 12
    Is the RV the same for base and F-Sport trims? Can I get 24/10k and 36/10k numbers? Thanks. 
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    MichaellMichaell Moderator Posts: 242,863
    johnny529 said:

    Is the RV the same for base and F-Sport trims? Can I get 24/10k and 36/10k numbers? Thanks. 

    Same numbers for all NX trims

    67% / 60% and .00080

    $1000 lease cash

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    gettingacar84gettingacar84 Member Posts: 7
    Hi there,
    Can I pls get the numbers for the NX in Florida, 36/12K?
    (sorry for the multiple posts, trying to decide)
    Thanks!
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    MichaellMichaell Moderator Posts: 242,863

    Hi there,
    Can I pls get the numbers for the NX in Florida, 36/12K?
    (sorry for the multiple posts, trying to decide)
    Thanks!

    .00080 and 59%

    $500 lease cash (but, could be more - see posts above yours).

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    scwong93scwong93 Member Posts: 2
    edited June 2017
    Please calculate the payment if possible.

    What's the MF and RV in San Francisco, CA?

    2017 Lexus NX200t F Sport LEASE

    MSRP $40,188

    36 mo/10k miles
    or
    36 mo/12k miles

    I believe there is $1000 lease cash right now, and I am also a recent grad so I qualify for the $1000 grad cash as well.
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    kyfdxkyfdx Moderator Posts: 239,088
    scwong93 said:

    Please calculate the payment if possible.

    What's the MF and RV in San Francisco, CA?

    2017 Lexus NX200t F Sport LEASE

    MSRP $40,188

    36 mo/10k miles
    or
    36 mo/12k miles

    I believe there is $1000 lease cash right now, and I am also a recent grad so I qualify for the $1000 grad cash as well.

    .00080 MF and 60%/59% residual
    We show $1500 lease cash for the Western Region

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    scwong93scwong93 Member Posts: 2
    edited June 2017
    kyfdx said:

    scwong93 said:

    Please calculate the payment if possible.

    What's the MF and RV in San Francisco, CA?

    2017 Lexus NX200t F Sport LEASE

    MSRP $40,188

    36 mo/10k miles
    or
    36 mo/12k miles

    I believe there is $1000 lease cash right now, and I am also a recent grad so I qualify for the $1000 grad cash as well.

    .00080 MF and 60%/59% residual
    We show $1500 lease cash for the Western Region

    Thanks for the numbers.

    Also, got a quote from the dealership here in Colma, CA and the MF is 0.00100.
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    kyfdxkyfdx Moderator Posts: 239,088
    scwong93 said:

    kyfdx said:

    scwong93 said:

    Please calculate the payment if possible.

    What's the MF and RV in San Francisco, CA?

    2017 Lexus NX200t F Sport LEASE

    MSRP $40,188

    36 mo/10k miles
    or
    36 mo/12k miles

    I believe there is $1000 lease cash right now, and I am also a recent grad so I qualify for the $1000 grad cash as well.

    .00080 MF and 60%/59% residual
    We show $1500 lease cash for the Western Region

    Thanks for the numbers.

    Also, got a quote from the dealership here in Colma, CA and the MF is 0.00100.
    Assuming top tier credit, they are likely marking it up.

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    stasdibistasdibi Member Posts: 12
    Can you please provide RV,MF and any incentives on NX200t Fsport 36/12 for Tennessee
    Thanks!
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    MichaellMichaell Moderator Posts: 242,863
    stasdibi said:

    Can you please provide RV,MF and any incentives on NX200t Fsport 36/12 for Tennessee
    Thanks!

    .00080 and 59%

    $1000 lease cash

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    davemodydavemody Member Posts: 8
    New to leasing so excuse the nasic question. what is MF ? What is the monthly payment to be expected in Houston, TX for NX200 with premium package(no navigation) 36m/12k with $3500 down. thanks
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    kyfdxkyfdx Moderator Posts: 239,088
    davemody said:

    New to leasing so excuse the nasic question. what is MF ? What is the monthly payment to be expected in Houston, TX for NX200 with premium package(no navigation) 36m/12k with $3500 down. thanks

    MF = money factor. It's a number used to calculate the finance charge portion of the lease payment.

    To calculate a payment, you need the MSRP and the sale price or adjusted CAP cost.

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    davemodydavemody Member Posts: 8
    Here is the additional information for the NX200 with premium package lease in Houston: MSRP 41140, Adjusted cap cost 38178,  I am willing to put down 3500. what should the 36m/12k monthly payment be? thanks.
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    MichaellMichaell Moderator Posts: 242,863
    davemody said:

    Here is the additional information for the NX200 with premium package lease in Houston: MSRP 41140, Adjusted cap cost 38178,  I am willing to put down 3500. what should the 36m/12k monthly payment be? thanks.

    .00080 and 59%

    With those prices, I get $436/mo.

    What does the $3500 cover? Understand there is a difference between 'down payment' and 'up front cash' for a lease - dealer fee, bank fee, first payment can be paid at inception.

    And, TX assesses sales tax against the entire selling price, which, if you roll that into the lease payment, makes it more expensive than other states.

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    davemodydavemody Member Posts: 8
    edited June 2017
    @Michaell
     Does the 436/m assume no money down?
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    MichaellMichaell Moderator Posts: 242,863
    davemody said:

    @Michaell
     Does the 436/m assume no money down?

    It simply uses the prices you provided. The adjusted cap should already include any cap reduction.

    Adjusted cap cost = negotiated selling price + taxes and fees you don't pay up front - cap cost reduction

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    davemodydavemody Member Posts: 8
    Is there any lease cash available in TX for June on the NX
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    MichaellMichaell Moderator Posts: 242,863
    davemody said:

    Is there any lease cash available in TX for June on the NX

    $1000 lease cash for TX

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    luvautoluvauto Member Posts: 25
    Michaell said:

    davemody said:

    Here is the additional information for the NX200 with premium package lease in Houston: MSRP 41140, Adjusted cap cost 38178,  I am willing to put down 3500. what should the 36m/12k monthly payment be? thanks.

    .00080 and 59%

    With those prices, I get $436/mo.

    What does the $3500 cover? Understand there is a difference between 'down payment' and 'up front cash' for a lease - dealer fee, bank fee, first payment can be paid at inception.

    And, TX assesses sales tax against the entire selling price, which, if you roll that into the lease payment, makes it more expensive than other states.

    Important: TX does not assess sales tax IF lessor is a licensed dealer.
    IF/When lessee purchases the vehicle at the end of the lease, the title is transferred then sales tax is assessed on that Retail Sale amount. Has this changed? Is there a misunderstanding?
    Follow Texas Comptroller Motor Vehicle Tax Guide, page II-1 - Not a Retail Sale:
    Tax Code Section 152.001(2) provides that a retail sale does not include the purchases of (A) new motor vehicles by a licensed dealer franchised to resell that type of vehicle, (B) used motor vehicles by a licensed dealer for resale purposes and (C) new motor vehicles by a licensed franchised dealer for a lease contract.
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    MichaellMichaell Moderator Posts: 242,863
    luvauto said:

    Michaell said:

    davemody said:

    Here is the additional information for the NX200 with premium package lease in Houston: MSRP 41140, Adjusted cap cost 38178,  I am willing to put down 3500. what should the 36m/12k monthly payment be? thanks.

    .00080 and 59%

    With those prices, I get $436/mo.

    What does the $3500 cover? Understand there is a difference between 'down payment' and 'up front cash' for a lease - dealer fee, bank fee, first payment can be paid at inception.

    And, TX assesses sales tax against the entire selling price, which, if you roll that into the lease payment, makes it more expensive than other states.

    Important: TX does not assess sales tax IF lessor is a licensed dealer.
    IF/When lessee purchases the vehicle at the end of the lease, the title is transferred then sales tax is assessed on that Retail Sale amount. Has this changed? Is there a misunderstanding?
    Follow Texas Comptroller Motor Vehicle Tax Guide, page II-1 - Not a Retail Sale:
    Tax Code Section 152.001(2) provides that a retail sale does not include the purchases of (A) new motor vehicles by a licensed dealer franchised to resell that type of vehicle, (B) used motor vehicles by a licensed dealer for resale purposes and (C) new motor vehicles by a licensed franchised dealer for a lease contract.
    How is your transaction considered "not a retail sale"? Are you a dealer, as well?

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    luvautoluvauto Member Posts: 25
    No, The lessor is - a licensed franchised dealer.
     not an independent leasing co.

    Btw, appreciate your very useful service, two thumbs up. You help so many. ..
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    kyfdxkyfdx Moderator Posts: 239,088
    luvauto said:

    No, The lessor is - a licensed franchised dealer.
     not an independent leasing co.

    Btw, appreciate your very useful service, two thumbs up. You help so many. ..

    Dealers don't lease cars. Banks lease cars. On a lease, the lessor is Lexus Financial Services, not the dealer.

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    brettcpbrettcp Member Posts: 7
    Hello. Looking for your opinion on whether I should pull the trigger on leasing an NX this month, or wait until next month. I was shopping over the weekend and got what I feel is a great lease quote on an NX. I would rather not sign papers until next month when my current lease ends. I know there is no definite answer to this, but are the MF/Residual/Incentives likely to get better or worse in mid-late July? I've tried looking for some historical numbers but haven't found anything useful.

    Thanks so much for any advice you may have!
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    scrapluvscrapluv Member Posts: 12
    Hello, Is this a good deal for a 48 MO lease for 2017 NX 200t with Premium Package and where do I have room for negotiation?
    State: VA
    MSRP 44,603
    Sale Price: 40,603
    MF .00080
    Residual 51%
    48 MONTH / 10K
    Adj Cap Cost 42,089.74
    $454.83 monthly
    Drive off: $3,000
    Customer cash out the door is $2,000

    Thanks in advance

    -James
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    MichaellMichaell Moderator Posts: 242,863
    brettcp said:

    Hello. Looking for your opinion on whether I should pull the trigger on leasing an NX this month, or wait until next month. I was shopping over the weekend and got what I feel is a great lease quote on an NX. I would rather not sign papers until next month when my current lease ends. I know there is no definite answer to this, but are the MF/Residual/Incentives likely to get better or worse in mid-late July? I've tried looking for some historical numbers but haven't found anything useful.

    Thanks so much for any advice you may have!

    Sorry, no idea what will happen to the numbers next month.

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    MichaellMichaell Moderator Posts: 242,863
    scrapluv said:

    Hello, Is this a good deal for a 48 MO lease for 2017 NX 200t with Premium Package and where do I have room for negotiation?
    State: VA
    MSRP 44,603
    Sale Price: 40,603
    MF .00080
    Residual 51%
    48 MONTH / 10K
    Adj Cap Cost 42,089.74
    $454.83 monthly
    Drive off: $3,000
    Customer cash out the door is $2,000

    Thanks in advance

    -James

    My calculations are within .01 of that quote.

    We aren't big fans of leases beyond 36 months - will you still be in warranty?

    And, after that much time and miles, you may be responsible for consumable items - tires and brakes come to mind.

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    luvautoluvauto Member Posts: 25

    kyfdx said:

    No, The lessor is - a licensed franchised dealer.
     not an independent leasing co.

    Btw, appreciate your very useful service, two thumbs up. You help so many. ..


    Dealers don't lease cars. Banks lease cars. On a lease, the lessor is Lexus Financial Services, not the dealer.

    Captive finance companies of car mfr are licenced dealers in Tx.,  not the independent banks in leasing biz. So toyota financial,  nmac, gmac, and such do not pay tax when they lease. Also, Lessee is not taxed by Texas.
     Let me know if you want the law doc.
     M just trying to help yAll



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    kyfdxkyfdx Moderator Posts: 239,088
    luvauto said:



    kyfdx said:


    luvauto said:

    No, The lessor is - a licensed franchised dealer.
     not an independent leasing co.

    Btw, appreciate your very useful service, two thumbs up. You help so many. ..



    Dealers don't lease cars. Banks lease cars. On a lease, the lessor is Lexus Financial Services, not the dealer.

    Captive finance companies of car mfr are licenced dealers in Tx.,  not the independent banks in leasing biz. So toyota financial,  nmac, gmac, and such do not pay tax when they lease. Also, Lessee is not taxed by Texas.
     Let me know if you want the law doc.
     M just trying to help yAll





    Thousands of lessees in Texas will tell you that you are wrong.
    The banks owe sales tax on the cars they purchase for a lease, and they pass that cost on to the lessee.

    Try leasing a vehicle, and see what happens. ;)

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