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Did I get a good deal?

janetg1999janetg1999 Posts: 2
edited February 2018 in Lexus
Hi- Just leased a 2018 premium package 460 with captain chairs for $583 a month and nothing down but first month payment and dmv registration cost. The money factor was 0.00050 and the MSRP was $59,090, they gave me $750 credit. 39 months, 12k miles, residual 60%. Thanks!

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  • kyfdxkyfdx Posts: 128,361

    Hi-
    Just leased a 2018 premium package 460 with captain chairs for $583 a month and nothing down but first month payment and dmv registration cost. The money factor was 0.00050 and the MSRP was $59,090, they gave me $750 credit. 39 months, 12k miles, residual 60%. Thanks!

    That looks pretty good. What state?

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

    Edmunds Moderator

  • Hi,

    I am currently in contract to lease an NX AWD Sport 2018. I wasn’t sure if I was getting a good deal so I googled and found this forum. Upon further review it seems I’m getting a standard deal, which is technically great. However, when I initially mentioned leasing an older model, my leasing agent was dismissive and I didn’t pursue it. I left a deposit and I’m suppose to pick up the vehicle tomorrow. However, I feel uneasy that I should explore the price options for older models, especially because this package is missing a basic feature like telescopic steering; which he said would be extra. My question, is it too late to adjust this deal or am I stuck and have to complete the deal as is? And if I’m not stuck, how do I go about renegotiating?
  • kyfdxkyfdx Posts: 128,361
    jaycee17 said:

    Hi,

    I am currently in contract to lease an NX AWD Sport 2018. I wasn’t sure if I was getting a good deal so I googled and found this forum. Upon further review it seems I’m getting a standard deal, which is technically great. However, when I initially mentioned leasing an older model, my leasing agent was dismissive and I didn’t pursue it. I left a deposit and I’m suppose to pick up the vehicle tomorrow. However, I feel uneasy that I should explore the price options for older models, especially because this package is missing a basic feature like telescopic steering; which he said would be extra. My question, is it too late to adjust this deal or am I stuck and have to complete the deal as is? And if I’m not stuck, how do I go about renegotiating?

    What do you mean by "older" models?
    Leftover 2017 models? (no lease program)
    Certified Pre-Owned models? (We don't have the lease info... usually not that competitive)

    If that's not the vehicle you want, call them up and tell them that.

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

    Edmunds Moderator

  • I thought the 2017 model might have all the features I wanted including navigation and tescopic steering wheel since those are being sold as extra packages for the 2018 model.  
  • kyfdxkyfdx Posts: 128,361
    jaycee17 said:

    I thought the 2017 model might have all the features I wanted including navigation and tescopic steering wheel since those are being sold as extra packages for the 2018 model.  

    They might, but no lease programs on the 2017 models.

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

    Edmunds Moderator

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