Good Leasing Deal/ Bad Leasing Deal on a 2016 NX 200t

sanadever60sanadever60 Member Posts: 3
edited June 2017 in Lexus
Never leased before: Here is what I have received for a quote on a 2016 NX 200t F-Sport w/ :

MSRP $46,939 ($7,524 worth of options)
Cap Cost: $44,328
Term: 36 months, 12,000 miles
Monthly Payment $630.47 (36 months) or $590.93 (48 months)
Delivery and Handling Fees: $499.50
Rebate: $500

For my area KBB says the Fair Market Range is $42, 149 - $44,250 -- fair market price of $42,953. I was thinking of asking for $43,000 Cap Cost given it is a 2016.

Also, should one ever sign a 48-month lease to lower the monthly payments?

Comments

  • kyfdxkyfdx Moderator Posts: 187,616

    Never leased before: Here is what I have received for a quote on a 2016 NX 200t F-Sport w/ :

    MSRP $46,939 ($7,524 worth of options)
    Cap Cost: $44,328
    Term: 36 months, 12,000 miles
    Monthly Payment $630.47 (36 months) or $590.93 (48 months)
    Delivery and Handling Fees: $499.50
    Rebate: $500

    For my area KBB says the Fair Market Range is $42, 149 - $44,250 -- fair market price of $42,953. I was thinking of asking for $43,000 Cap Cost given it is a 2016.

    Also, should one ever sign a 48-month lease to lower the monthly payments?

    .00090 MF and 59% residual.
    At that CAP cost, I get $527/mo.+tax.

    $499 is a garbage fee
    You should shop around.

    Cons to 48 month leases:
    1) With that long of a time horizon, your vehicle needs may change
    2) A better chance of needing tires and/or major maintenance, the longer the lease term.

    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • scrapluvscrapluv Member Posts: 12
    kyfdx said:

    Never leased before: Here is what I have received for a quote on a 2016 NX 200t F-Sport w/ :

    MSRP $46,939 ($7,524 worth of options)
    Cap Cost: $44,328
    Term: 36 months, 12,000 miles
    Monthly Payment $630.47 (36 months) or $590.93 (48 months)
    Delivery and Handling Fees: $499.50
    Rebate: $500

    For my area KBB says the Fair Market Range is $42, 149 - $44,250 -- fair market price of $42,953. I was thinking of asking for $43,000 Cap Cost given it is a 2016.

    Also, should one ever sign a 48-month lease to lower the monthly payments?

    .00090 MF and 59% residual.
    At that CAP cost, I get $527/mo.+tax.

    $499 is a garbage fee
    You should shop around.

    Cons to 48 month leases:
    1) With that long of a time horizon, your vehicle needs may change
    2) A better chance of needing tires and/or major maintenance, the longer the lease term.
    What would be a fair and reasonable range for Delivery and Handling fees?
  • kyfdxkyfdx Moderator Posts: 187,616
    scrapluv said:

    kyfdx said:

    Never leased before: Here is what I have received for a quote on a 2016 NX 200t F-Sport w/ :

    MSRP $46,939 ($7,524 worth of options)
    Cap Cost: $44,328
    Term: 36 months, 12,000 miles
    Monthly Payment $630.47 (36 months) or $590.93 (48 months)
    Delivery and Handling Fees: $499.50
    Rebate: $500

    For my area KBB says the Fair Market Range is $42, 149 - $44,250 -- fair market price of $42,953. I was thinking of asking for $43,000 Cap Cost given it is a 2016.

    Also, should one ever sign a 48-month lease to lower the monthly payments?

    .00090 MF and 59% residual.
    At that CAP cost, I get $527/mo.+tax.

    $499 is a garbage fee
    You should shop around.

    Cons to 48 month leases:
    1) With that long of a time horizon, your vehicle needs may change
    2) A better chance of needing tires and/or major maintenance, the longer the lease term.
    What would be a fair and reasonable range for Delivery and Handling fees?
    If you are referring to the destination charge, that's included in the price of the vehicle.

    If it's an additional dealer fee, then $50-$100 is reasonable, but I'll guess they are charging a lot more than that?

    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • scrapluvscrapluv Member Posts: 12
    kyfdx said:

    scrapluv said:

    kyfdx said:

    Never leased before: Here is what I have received for a quote on a 2016 NX 200t F-Sport w/ :

    MSRP $46,939 ($7,524 worth of options)
    Cap Cost: $44,328
    Term: 36 months, 12,000 miles
    Monthly Payment $630.47 (36 months) or $590.93 (48 months)
    Delivery and Handling Fees: $499.50
    Rebate: $500

    For my area KBB says the Fair Market Range is $42, 149 - $44,250 -- fair market price of $42,953. I was thinking of asking for $43,000 Cap Cost given it is a 2016.

    Also, should one ever sign a 48-month lease to lower the monthly payments?

    .00090 MF and 59% residual.
    At that CAP cost, I get $527/mo.+tax.

    $499 is a garbage fee
    You should shop around.

    Cons to 48 month leases:
    1) With that long of a time horizon, your vehicle needs may change
    2) A better chance of needing tires and/or major maintenance, the longer the lease term.
    What would be a fair and reasonable range for Delivery and Handling fees?
    If you are referring to the destination charge, that's included in the price of the vehicle.

    If it's an additional dealer fee, then $50-$100 is reasonable, but I'll guess they are charging a lot more than that?
    Yeah, I've seen $300-$500
  • kyfdxkyfdx Moderator Posts: 187,616
    scrapluv said:

    kyfdx said:

    scrapluv said:

    kyfdx said:

    Never leased before: Here is what I have received for a quote on a 2016 NX 200t F-Sport w/ :

    MSRP $46,939 ($7,524 worth of options)
    Cap Cost: $44,328
    Term: 36 months, 12,000 miles
    Monthly Payment $630.47 (36 months) or $590.93 (48 months)
    Delivery and Handling Fees: $499.50
    Rebate: $500

    For my area KBB says the Fair Market Range is $42, 149 - $44,250 -- fair market price of $42,953. I was thinking of asking for $43,000 Cap Cost given it is a 2016.

    Also, should one ever sign a 48-month lease to lower the monthly payments?

    .00090 MF and 59% residual.
    At that CAP cost, I get $527/mo.+tax.

    $499 is a garbage fee
    You should shop around.

    Cons to 48 month leases:
    1) With that long of a time horizon, your vehicle needs may change
    2) A better chance of needing tires and/or major maintenance, the longer the lease term.
    What would be a fair and reasonable range for Delivery and Handling fees?
    If you are referring to the destination charge, that's included in the price of the vehicle.

    If it's an additional dealer fee, then $50-$100 is reasonable, but I'll guess they are charging a lot more than that?
    Yeah, I've seen $300-$500
    It varies by location. I like the states that restrict it, so at least you know what every dealer in the state will charge.

    NY: $75
    CA: $80
    OH: $250

    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • scrapluvscrapluv Member Posts: 12
    kyfdx said:

    scrapluv said:

    kyfdx said:

    scrapluv said:

    kyfdx said:

    Never leased before: Here is what I have received for a quote on a 2016 NX 200t F-Sport w/ :

    MSRP $46,939 ($7,524 worth of options)
    Cap Cost: $44,328
    Term: 36 months, 12,000 miles
    Monthly Payment $630.47 (36 months) or $590.93 (48 months)
    Delivery and Handling Fees: $499.50
    Rebate: $500

    For my area KBB says the Fair Market Range is $42, 149 - $44,250 -- fair market price of $42,953. I was thinking of asking for $43,000 Cap Cost given it is a 2016.

    Also, should one ever sign a 48-month lease to lower the monthly payments?

    .00090 MF and 59% residual.
    At that CAP cost, I get $527/mo.+tax.

    $499 is a garbage fee
    You should shop around.

    Cons to 48 month leases:
    1) With that long of a time horizon, your vehicle needs may change
    2) A better chance of needing tires and/or major maintenance, the longer the lease term.
    What would be a fair and reasonable range for Delivery and Handling fees?
    If you are referring to the destination charge, that's included in the price of the vehicle.

    If it's an additional dealer fee, then $50-$100 is reasonable, but I'll guess they are charging a lot more than that?
    Yeah, I've seen $300-$500
    It varies by location. I like the states that restrict it, so at least you know what every dealer in the state will charge.

    NY: $75
    CA: $80
    OH: $250
    Is there a standdard for VA?
  • MichaellMichaell ColoradoModerator Posts: 183,121
    scrapluv said:

    kyfdx said:

    scrapluv said:

    kyfdx said:

    scrapluv said:

    kyfdx said:

    Never leased before: Here is what I have received for a quote on a 2016 NX 200t F-Sport w/ :

    MSRP $46,939 ($7,524 worth of options)
    Cap Cost: $44,328
    Term: 36 months, 12,000 miles
    Monthly Payment $630.47 (36 months) or $590.93 (48 months)
    Delivery and Handling Fees: $499.50
    Rebate: $500

    For my area KBB says the Fair Market Range is $42, 149 - $44,250 -- fair market price of $42,953. I was thinking of asking for $43,000 Cap Cost given it is a 2016.

    Also, should one ever sign a 48-month lease to lower the monthly payments?

    .00090 MF and 59% residual.
    At that CAP cost, I get $527/mo.+tax.

    $499 is a garbage fee
    You should shop around.

    Cons to 48 month leases:
    1) With that long of a time horizon, your vehicle needs may change
    2) A better chance of needing tires and/or major maintenance, the longer the lease term.
    What would be a fair and reasonable range for Delivery and Handling fees?
    If you are referring to the destination charge, that's included in the price of the vehicle.

    If it's an additional dealer fee, then $50-$100 is reasonable, but I'll guess they are charging a lot more than that?
    Yeah, I've seen $300-$500
    It varies by location. I like the states that restrict it, so at least you know what every dealer in the state will charge.

    NY: $75
    CA: $80
    OH: $250
    Is there a standdard for VA?
    None that we're aware of.

    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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