2020 Lexus RX Lease Deals and Prices

kyfdx

Emh5 said:

Hello, could I please have the MF, RV and any incentives for a 2020 RXL 350 AWD?
36/15 and 27/15
Zip is 45252
Thank you!

.00005 MF and 60% residual
.00060 MF and 54% residual
$1500 lease cash

kyfdx

Booyakasha said:

Hello! Could you please help me with what MF, RV and incentives are for 2020 RX 350 F Sport AWD and RX 450h F Sport?

27mos/12K
36mos/12k

Zip 91505

Thanks in advance!

350
.00005 MF and 65% residual
.00060 MF and 59% residual
$1750 lease cash

450
.00015 MF and 66% residual
.00070 MF and 60% residual
$1750 lease cash

kyfdx

oghowie said:

kyfdx said:

Lease cash can be regional. Did you ask us for those numbers, based on your location?

I can't answer for the dealer on the meaning of what they tell you.

2020 RX 350 or 2019 RX350
27/10K and 36/10k
zip 91709

thank you

2020
.00005 MF and 63% residual
.00060 MF and 57% residual
$1750 lease cash

Please request 2019 model info, here:
https://forums.edmunds.com/discussion/52545/lexus/rx-350/2019-lexus-rx-lease-deals-and-prices#latest

kyfdx

flagrl7 said:

Hi!

May I please have the MF, RV, and incentives for 33064:

- 2020 RX 350 FWD for 36/15k

- 2020 RX 350 F Sport FWD for 36/15k

- 2020 RX 350 FWD for 39/15k

- 2020 RX 350 F Sport FWD for 39/15k


Thank you!

Base
36/15: .00060 MF and 54% residual
39/15: .00100 MF and 52% residual

Add 3% to residual for FSport model

Samhem

Good morning,

Can I please have MF, RV and incentives for NJ zip 07724?
36/15 2020 rx350
36/15 2020 rx450h

Received some numbers yesterday from a local dealer, 36/15, 2500k total out of pocket down, 550/month. Msrp of rx350 was 51,110. Thought these numbers were high for that msrp. Thoughts? More interested in the 450h. Havent gotten any numbers yet. Thank you.

kyfdx

Samhem said:

Good morning,

Can I please have MF, RV and incentives for NJ zip 07724?
36/15 2020 rx350
36/15 2020 rx450h

Received some numbers yesterday from a local dealer, 36/15, 2500k total out of pocket down, 550/month. Msrp of rx350 was 51,110. Thought these numbers were high for that msrp. Thoughts? More interested in the 450h. Havent gotten any numbers yet. Thank you.

.00060 MF and 54% residual
.00070 MF and 55% residual

Need details on selling price, taxes, fees, etc.. to comment.

nyccarguy

kyfdx said:

nyccarguy said:

Hey guys! Can I please have the current RX350 AWD numbers for 27 months/15K miles for a 2020 RX 350 AWD in 10956? Do you have number for an 18K miles per year lease as well? Thank-you!

.00005 MF and 60% residual
$1750 lease cash

We don't have the 18K/yr residuals

Is this .00005 money factor special for the 27 month leases?

nyccarguy

Can you guys help me out with a calculation please?

2020 Lexus RX350 AWD - 27 months/15K miles per year
MSRP: $53,385
Selling Price: $48,046.50
Lease Cash: $1,750
Residual Value: 60% ($32,031)
Money Factor: .00005
Tax Rate: 8.375% (New York)

$53,385 x .6 = $32,031 (residual)
$46,296.50 - $32,031 = $14,265.50/27 = $528.36 (depreciation)
$46,296.50 + $32,031 = $78,327.50 x .00005 = $3.92 (interest)
Base Payment = $532.28

$532.28 x 27 = $14,371.56 + $1,750 (taxed incentive) = $16,121.56 x 8.375% = $1,350.18/27 = $50.01 (sales tax)

$532.28 + $50.01 = $582.29

Just realized I need to roll the acquisition fee into the payment. What is the Lexux acq fee?

Michaell

nyccarguy said:

kyfdx said:

nyccarguy said:

Hey guys! Can I please have the current RX350 AWD numbers for 27 months/15K miles for a 2020 RX 350 AWD in 10956? Do you have number for an 18K miles per year lease as well? Thank-you!

.00005 MF and 60% residual
$1750 lease cash

We don't have the 18K/yr residuals

Is this .00005 money factor special for the 27 month leases?

Yes.

Michaell

nyccarguy said:

Can you guys help me out with a calculation please?

2020 Lexus RX350 AWD - 27 months/15K miles per year
MSRP: $53,385
Selling Price: $48,046.50
Lease Cash: $1,750
Residual Value: 60% ($32,031)
Money Factor: .00005
Tax Rate: 8.375% (New York)

$53,385 x .6 = $32,031 (residual)
$46,296.50 - $32,031 = $14,265.50/27 = $528.36 (depreciation)
$46,296.50 + $32,031 = $78,327.50 x .00005 = $3.92 (interest)
Base Payment = $532.28

$532.28 x 27 = $14,371.56 + $1,750 (taxed incentive) = $16,121.56 x 8.375% = $1,350.18/27 = $50.01 (sales tax)

$532.28 + $50.01 = $582.29

Just realized I need to roll the acquisition fee into the payment. What is the Lexux acq fee?

$795 acquisition fee

I agree with your pre-tax payment.

Samhem

Hi,

Can you also provide numbers for NJ 07724 zip with 27mos/15k, MF, residual and any lexus lease cash/rebates for both 2020 rx350 AWD and 2020 rx450h AWD? Thank you

kyfdx

Samhem said:

Hi,

Can you also provide numbers for NJ 07724 zip with 27mos/15k, MF, residual and any lexus lease cash/rebates for both 2020 rx350 AWD and 2020 rx450h AWD? Thank you

350: .00005 MF and 60% residual
450: .00015 MF and 61% residual

$1750 lease cash

lexusenthu

Hello folks, can I please get MF, RV and incentives for TX (78230).
RX450h 2020 AWD
12/36
15/36

Thank you!

kyfdx

lexusenthu said:

Hello folks, can I please get MF, RV and incentives for TX (78230).
RX450h 2020 AWD
12/36
15/36

Thank you!

36/15
.00070 MF and 55% residual
$2000 lease cash

Slb15

Looking at a 2020 RX lease, this is the payment sheet I was given (considering the circled #’s), turning in a leased 2016 RX with $997 equity. Is this a decent deal?

Michaell

Slb15 said:

Looking at a 2020 RX lease, this is the payment sheet I was given (considering the circled #’s), turning in a leased 2016 RX with $997 equity. Is this a decent deal?

What ZIP code?

I don't see the acquisition fee listed anywhere...

Slb15

Michaell said:

Slb15 said:

Looking at a 2020 RX lease, this is the payment sheet I was given (considering the circled #’s), turning in a leased 2016 RX with $997 equity. Is this a decent deal?

What ZIP code?

I don't see the acquisition fee listed anywhere...

Zip code is 43147

Michaell

Slb15 said:

Michaell said:

Slb15 said:

Looking at a 2020 RX lease, this is the payment sheet I was given (considering the circled #’s), turning in a leased 2016 RX with $997 equity. Is this a decent deal?

What ZIP code?

I don't see the acquisition fee listed anywhere...

Zip code is 43147

.00060 and 57%
$1750 lease cash

I get $600/mo with the prices given.

I'd want to know what the $2000 up front covers.

caltman

kyfdx said:

caltman said:

May I have the MFs and residuals for a 2020 RX 450hL 36/15 and 27/15 in Minneapolis please?

.00020 MF and 61% residual
.00075 MF and 55% residual

$1500 lease cash

Is that $1500 lease cash or purchase cash? I found $1750 lease cash for some RX 350 models and $1500 on others, but did not see the RX 450h on the list.

Michaell

caltman said:

kyfdx said:

caltman said:

May I have the MFs and residuals for a 2020 RX 450hL 36/15 and 27/15 in Minneapolis please?

.00020 MF and 61% residual
.00075 MF and 55% residual

$1500 lease cash

Is that $1500 lease cash or purchase cash? I found $1750 lease cash for some RX 350 models and $1500 on others, but did not see the RX 450h on the list.

It's lease cash or purchase cash.

Slb15

Michaell said:

Slb15 said:

Michaell said:

Slb15 said:

Looking at a 2020 RX lease, this is the payment sheet I was given (considering the circled #’s), turning in a leased 2016 RX with $997 equity. Is this a decent deal?

What ZIP code?

I don't see the acquisition fee listed anywhere...

Zip code is 43147

.00060 and 57%
$1750 lease cash

I get $600/mo with the prices given.

I'd want to know what the $2000 up front covers.

Thank you for your help. My friend knows the general manager and supposedly he was “taking care of me”. My current lease is up in January. Would you suggest doing this now with the December to remember deals or wait until January?

Treble

Hi,

Please let me know the MF, Residual and Lease Cash for the 2020 RX450h, 27/12 and 36/10 in 92651.

Thank You!

kyfdx

Treble said:

Hi,

Please let me know the MF, Residual and Lease Cash for the 2020 RX450h, 27/12 and 36/10 in 92651.

Thank You!

.00015 MF and 63% residual
.00070 MF and 58% residual

$1750 lease cash

kyfdx

Slb15 said:

Michaell said:

Slb15 said:

Michaell said:

Slb15 said:

Looking at a 2020 RX lease, this is the payment sheet I was given (considering the circled #’s), turning in a leased 2016 RX with $997 equity. Is this a decent deal?

What ZIP code?

I don't see the acquisition fee listed anywhere...

Zip code is 43147

.00060 and 57%
$1750 lease cash

I get $600/mo with the prices given.

I'd want to know what the $2000 up front covers.

Thank you for your help. My friend knows the general manager and supposedly he was “taking care of me”. My current lease is up in January. Would you suggest doing this now with the December to remember deals or wait until January?

I don't know what will happen in January.
But, if your lease isn't up until then, I would certainly wait until the last week of December, at least.

My friend knows the general manager and supposedly he was “taking care of me”

Good luck with that..

Samhem

Hi,
Made a potential deal for 2020 rx450H msrp $ 52,590, no nav. NJ 07724. Using the .00070 and 55% lowest minimums set by lexus.. everything rolled in. $613 first month payment only upfront. Then 613/mo for the rest of 35 months... for 36/15k and also throwing in additional 400miles extra on the lease, so total miles will be 45,400 for the term of the lease. Thoughts? Thanks.

kyfdx

Samhem said:

Hi,
Made a potential deal for 2020 rx450H msrp $ 52,590, no nav. NJ 07724. Using the .00070 and 55% lowest minimums set by lexus.. everything rolled in. $613 first month payment only upfront. Then 613/mo for the rest of 35 months... for 36/15k and also throwing in additional 400miles extra on the lease, so total miles will be 45,400 for the term of the lease. Thoughts? Thanks.

2020 450h
36/15
.00070 MF and 55% residual
$1750 lease cash

What is the selling price?
Adjusted CAP cost?

pandabims

Please let me know the MF, residual and incentives on the 2020 RX 350 F SPORT PERFORMANCE
36/12

pandabims

pandabims said:

Please let me know the MF, residual and incentives on the 2020 RX 350 F SPORT PERFORMANCE
36/12

ZIP is 02703

Michaell

pandabims said:

pandabims said:

Please let me know the MF, residual and incentives on the 2020 RX 350 F SPORT PERFORMANCE
36/12

ZIP is 02703

.00060 and 59%

Subtract 2% if Dynamic package is added

$1750 lease cash

djrabbi

Numbers for 2020 RX350 F Sport in 20166

27/10K

Adding mileage would be subtract 1% yes?

kyfdx

djrabbi said:

Numbers for 2020 RX350 F Sport in 20166

27/10K

Adding mileage would be subtract 1% yes?

.00005 MF and 66% residual
$1750 lease cash

27/12 = 65% residual

caltman

kyfdx said:

caltman said:

May I have the MFs and residuals for a 2020 RX 450hL 36/15 and 27/15 in Minneapolis please?

.00020 MF and 61% residual
.00075 MF and 55% residual

$1500 lease cash

Hello, hearing back from dealer that 61% residual is for 24mo not 27mo for 15k on 2020 RX 450hL and that residual is actually 60% for 27 mo. Can you confirm? Any difference since this is the L (longer body) version?

nyccarguy

Hey Guys! I could use your expertise. Does excess mileage just get added to the capitalized cost?

kyfdx

caltman said:

kyfdx said:

caltman said:

May I have the MFs and residuals for a 2020 RX 450hL 36/15 and 27/15 in Minneapolis please?

.00020 MF and 61% residual
.00075 MF and 55% residual

$1500 lease cash

Hello, hearing back from dealer that 61% residual is for 24mo not 27mo for 15k on 2020 RX 450hL and that residual is actually 60% for 27 mo. Can you confirm? Any difference since this is the L (longer body) version?

The numbers given are correct.

However, if you are looking at Luxury trim, the residuals are 1% lower.

kyfdx

nyccarguy said:

Hey Guys! I could use your expertise. Does excess mileage just get added to the capitalized cost?

Generally, it reduces the residual by that amount

nyccarguy

Ok. So If the residual is $31,998 and I need $4,500 in extra miles, then it should be $27,498.00?

neek555

Hi there, I am looking for the MF, residual, incentives for both the 2020 RX350 and the RX450h in 33076. Thank you!

36/15 and 27/15 please.

nyccarguy

2020 Lexus RX350 AWD
MSRP: $53,330

Selling Price: $46,250 (Includes $1,750 Taxable Rebate)

Sales Tax Rate: 8.375% (NY State)

Money Factor: .00005

Residual Value: $27,498
$31,998 (60%) - $4,500 (22,500 miles x $.20)

$46,250 - $27,498 = $18,752/27 = $694.52
$46,250 + $27,498 = $20,601.67 x .00005 = $3.69

$694.52 + $3.69 = $698.21 Pre Tax

djrabbi

kyfdx said:

djrabbi said:

Numbers for 2020 RX350 F Sport in 20166

27/10K

Adding mileage would be subtract 1% yes?

.00005 MF and 66% residual
$1750 lease cash

27/12 = 65% residual

Dealer is very stern on saying RV for 27/7.5 is 65% vs 67%. 2% is making a big difference. i got a good monthly to be honest but its off somewhere. $552/month with $1500 DAS for a 60K MSRP F-Sport. This is including her 65%

dloco

Hi,

Can I get the MF, RV and incentives for the 2020 RX 350 ZIP 77009

27/10 and 27/12. Thanks!

dloco

Has anyone gotten a 2020 RX350 recently? What type of discount % are you being quoted or getting before incentives? Thanks for your help

kyfdx

nyccarguy said:

Ok. So If the residual is $31,998 and I need $4,500 in extra miles, then it should be $27,498.00?

Generally, that's what I see. It doesn't mean it isn't going to be the other way (which would be worse)

kyfdx

djrabbi said:

kyfdx said:

djrabbi said:

Numbers for 2020 RX350 F Sport in 20166

27/10K

Adding mileage would be subtract 1% yes?

.00005 MF and 66% residual
$1750 lease cash

27/12 = 65% residual

Dealer is very stern on saying RV for 27/7.5 is 65% vs 67%. 2% is making a big difference. i got a good monthly to be honest but its off somewhere. $552/month with $1500 DAS for a 60K MSRP F-Sport. This is including her 65%

If the trim is F-Sport Dynamic, then the dealer is correct.

kyfdx

neek555 said:

Hi there, I am looking for the MF, residual, incentives for both the 2020 RX350 and the RX450h in 33076. Thank you!

36/15 and 27/15 please.

350
.00005 MF and 60% residual
.00060 MF and 54% residual

450
.00015 MF and 61% residual
.00070 MF and 55% residual

$2000 lease cash on either model

kyfdx

nyccarguy said:

2020 Lexus RX350 AWD
MSRP: $53,330

Selling Price: $46,250 (Includes $1,750 Taxable Rebate)

Sales Tax Rate: 8.375% (NY State)

Money Factor: .00005

Residual Value: $27,498
$31,998 (60%) - $4,500 (22,500 miles x $.20)

$46,250 - $27,498 = $18,752/27 = $694.52
$46,250 + $27,498 = $20,601.67 x .00005 = $3.69

$694.52 + $3.69 = $698.21 Pre Tax

I agree with that calculation.

kyfdx

dloco said:

Hi,

Can I get the MF, RV and incentives for the 2020 RX 350 ZIP 77009

27/10 and 27/12. Thanks!

27/12
.00005 MF and 62% residual
$2000 lease cash

djrabbi

kyfdx said:

djrabbi said:

kyfdx said:

djrabbi said:

Numbers for 2020 RX350 F Sport in 20166

27/10K

Adding mileage would be subtract 1% yes?

.00005 MF and 66% residual
$1750 lease cash

27/12 = 65% residual

Dealer is very stern on saying RV for 27/7.5 is 65% vs 67%. 2% is making a big difference. i got a good monthly to be honest but its off somewhere. $552/month with $1500 DAS for a 60K MSRP F-Sport. This is including her 65%

If the trim is F-Sport Dynamic, then the dealer is correct.

Ohh okay. What option makes it a dynamic so I can stay away from it! haha

gokhart

Can I get RV, MF and incentives for 2020 Lexus RX 350L and RX 350 22102 zip 27/12 premium and luxury

nyccarguy

OK - got final numbers from the dealer. Tell me how it should work out:

MSRP - $53,330
Residual - $29,748
Selling Price - $48,244 (includes $146.56 tax on rebate, $75.00 Doc Fee, $12.50 NY Tire Tax, & $10.00 Registration)
Acq Fee - $795 (capped)
Cap Reduction - $1,750
Rebate - $1,750 (used as cap cost reduction)
money factor: .00005

Base Monthly Payment: $713.34

dloco

nyccarguy said:

OK - got final numbers from the dealer. Tell me how it should work out:

MSRP - $53,330
Residual - $29,748
Selling Price - $48,244 (includes $146.56 tax on rebate, $75.00 Doc Fee, $12.50 NY Tire Tax, & $10.00 Registration)
Acq Fee - $795 (capped)
Cap Reduction - $1,750
Rebate - $1,750 (used as cap cost reduction)
money factor: .00005

Base Monthly Payment: $713.34

How come your selling price went up by 2K from your original quote?