Lexus GX 460 lease

Daeho

I have received a lease deal from a local Lexus dealer in Dallas. Can you pls let me know if this is a good deal? I am planning to lease a GX 460 this weekend. Model: GX 460 Premium MSRP: $57,800 Monthly: $525 (tax, title, license...everything included). 36 months/10k Down payment at signing: $5,000 Residual: 58% Thanks.

kyfdx

Daeho said:

Thanks Kyfdx for your note.

Here is more detailed information:

MSRP: $57,853
Sales Price: $52,498
Rebate: $4,000
Net Sales Price: $48,498
Tax: $3,031.13
Licence, Reg, fees: $350
Acquisition Fee: $795
Total Discounts: $9,355
58% Residual 39 Months $33,554.74
39 Months/10K Miles/$5,000 down

Monthly payment was $545 at first, and now they came back with $525 after negotiation. Should I sign the lease?

2019 model, right?
39/10 instead of 36/10? That might be where they found the $20/mo.

.00180 MF and 58% residual for 39/10
$4000 lease cash

The payment looks about right. The discount looks good, too.

Not the cheapest vehicle to lease, and TX taxes don't help, but it's not a bad deal.

kyfdx

Daeho said:

I have received a lease deal from a local Lexus dealer in Dallas. Can you pls let me know if this is a good deal? I am planning to lease a GX 460 this weekend.

Model: GX 460 Premium
MSRP: $57,800
Monthly: $525 (tax, title, license...everything included). 36 months/10k
Down payment at signing: $5,000
Residual: 58%


Thanks.

What is the selling price?
Adjusted CAP cost?

2018 or 2019?

Daeho

Thanks Kyfdx for your note.

Here is more detailed information:

MSRP: $57,853
Sales Price: $52,498
Rebate: $4,000
Net Sales Price: $48,498
Tax: $3,031.13
Licence, Reg, fees: $350
Acquisition Fee: $795
Total Discounts: $9,355
58% Residual 39 Months $33,554.74
39 Months/10K Miles/$5,000 down

Monthly payment was $545 at first, and now they came back with $525 after negotiation. Should I sign the lease?