Car Buying Advice - 2017 RX 350 Lease

richj73

What are the MF's and residuals for a 2017 350RX AWD, base car for 36 and 48 mos and for 7000 and 10000 miles per year in New Jersey

kyfdx

richj73 said:

What are the MF's and residuals for a 2017 350RX AWD, base car for 36 and 48 mos and for 7000 and 10000 miles per year in New Jersey

.00110 MF and 63%/54% residual for 10K/yr.
Add 1% for 7.5K/yr
$500 lease cash

kyfdx

richj73 said:

Thanks. Another question. The current Lexus offer is $419/mo 36 mo $3599 due at signing $46354. Can the "selling price" be calculated from this info? Also what is the breakdown of the $3599?

$3599:
$700 acq.fee
$419 payment
$2480 cap reduction

CAP cost is about $41,500, after $500 market allowance
$42,000 CAP + $2480 CAP reduction = $44,480 selling price (minus $500 from Lexus).
That makes the dealer discount about $1900

kyfdx

richj73 said:

Is there a way to lower the $700 acquisition fee? Seems like a lot of money to get what is essentially a loan.

No

richj73

Thanks. Another question. The current Lexus offer is $419/mo 36 mo $3599 due at signing $46354. Can the "selling price" be calculated from this info? Also what is the breakdown of the $3599?

richj73

Is there a way to lower the $700 acquisition fee? Seems like a lot of money to get what is essentially a loan.