2020 Lexus RX 350 premium trim lease pricing / Residual / money factor / rebates

tommy120tommy120 Member Posts: 4
edited October 2019 in Lexus
Hi all : What are the best lease pricing as of October 2019 in New York area on 36 months , 36 k miles on premium trim model . Thanks for your help in advance. Tom

Also what are the residual and money factors for new 2020 Lexus RX 350 ?

Comments

  • MichaellMichaell ColoradoModerator Posts: 206,063
    tommy120 said:

    Hi all : What are the best lease pricing as of October 2019 in New York area on 36 months , 36 k miles on premium trim model . Thanks for your help in advance. Tom

    Also what are the residual and money factors for new 2020 Lexus RX 350 ?

    .00055 and 57%
    $500 lease cash

    Look here for help with pricing:
    https://www.edmunds.com/tmv.html

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


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  • DennyMnDennyMn Member Posts: 1
    Hi all. What are the best lease prices for Oct/Nov 2019 in zip 55125 (St. Paul, MN) for 36 month, 36K on an RX350 with MSRP of $56,430. Looking for residual and money factor. Excellent credit rating. Thanks!
  • kyfdxkyfdx Moderator Posts: 207,739
    DennyMn said:

    Hi all. What are the best lease prices for Oct/Nov 2019 in zip 55125 (St. Paul, MN) for 36 month, 36K on an RX350 with MSRP of $56,430. Looking for residual and money factor. Excellent credit rating. Thanks!

    .00060 MF and 57% residual
    $500 lease cash

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  • tommy120tommy120 Member Posts: 4
    Hi All : Dealer quoted me a 56 % residual ,money factor .0060, rebates $1,750 ,end lease buy out $ 30,797 returning leaseholder from a 2017 RX350 MSRP $ 53,764. I am negotiating the leasing of a 2020 RX350 , 36 months with 36 k miles MSRP $ 54,460 .My last lease in 2017 was $601 per month zero down. He started at $ 680 per month we are currently at $ 640 taxes included ( .0865 %) only first payment and registration fees = $ 720 down.I am in long Island, New York .Going to dealer today to to bring the monthly payment down to $615 and make a deal,will get back on results.
    Question my money factor is higher an residual is lower, am i getting a good deal. I am basically getting the same car i leased in 2017 ???? Please comment !!
  • kyfdxkyfdx Moderator Posts: 207,739
    tommy120 said:

    Hi All : Dealer quoted me a 56 % residual ,money factor .0060, rebates $1,750 ,end lease buy out $ 30,797 returning leaseholder from a 2017 RX350 MSRP $ 53,764. I am negotiating the leasing of a 2020 RX350 , 36 months with 36 k miles MSRP $ 54,460 .My last lease in 2017 was $601 per month zero down. He started at $ 680 per month we are currently at $ 640 taxes included ( .0865 %) only first payment and registration fees = $ 720 down.I am in long Island, New York .Going to dealer today to to bring the monthly payment down to $615 and make a deal,will get back on results.
    Question my money factor is higher an residual is lower, am i getting a good deal. I am basically getting the same car i leased in 2017 ???? Please comment !!

    .00060 MF and 56% residual
    $1750 lease cash
    All correct

    The lease program is what it is...
    But, a lot depends on the selling price you negotiate.
    Let us know how it goes.

    Edmunds Price Checker
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  • tommy120tommy120 Member Posts: 4
    Hi all :
    11/19/2019 update on car dealer quote. I found a RX 450 H 5door white with black interior on lot MSRP $ 52,680 no Navigation,standard tires 18 ", moon roof,premium pkg,blind spot monitor with intuitive parking assist / rear cross traffic braking, heated seats and a few minor up grades totaling $ 4,905. The money factor .0006 residual 57 %., down payment includes first month pmt $ 615 + 75 processing fee + 10 inspection fee = 700 total money down.
    my monthly payment is $ 615 which includes New York sales tax.
    Lease terms 36 mths 12 k miles per year.
    my end lease buy out $30,028
    lease cash $ 1,750
    I am estimating a selling price $ 47,680 to come close to the $ 615 monthly payment. Please correct me if i am wrong in my calculations ?? Did i get a good deal, please respond with comments.
    Tom
  • MichaellMichaell ColoradoModerator Posts: 206,063
    tommy120 said:

    Hi all :
    11/19/2019 update on car dealer quote. I found a RX 450 H 5door white with black interior on lot MSRP $ 52,680 no Navigation,standard tires 18 ", moon roof,premium pkg,blind spot monitor with intuitive parking assist / rear cross traffic braking, heated seats and a few minor up grades totaling $ 4,905. The money factor .0006 residual 57 %., down payment includes first month pmt $ 615 + 75 processing fee + 10 inspection fee = 700 total money down.
    my monthly payment is $ 615 which includes New York sales tax.
    Lease terms 36 mths 12 k miles per year.
    my end lease buy out $30,028
    lease cash $ 1,750
    I am estimating a selling price $ 47,680 to come close to the $ 615 monthly payment. Please correct me if i am wrong in my calculations ?? Did i get a good deal, please respond with comments.
    Tom

    I don't know about the selling price, but the adjusted cap cost is closer to $50,500 to get that payment.

    Figuring that taxes and fees are part of that payment, that's likely pretty close.

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  • coo33178coo33178 Member Posts: 3
    Hello!

    If possible, looking for MF and Residual and any Lease Cash/Incentives on a 2020 RX 350 F Sport in 33178. 36/10. Thank you!
  • kyfdxkyfdx Moderator Posts: 207,739
    coo33178 said:

    Hello!

    If possible, looking for MF and Residual and any Lease Cash/Incentives on a 2020 RX 350 F Sport in 33178. 36/10. Thank you!

    .00060 MF and 60% residual
    $2000 lease cash

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

    Edmunds Moderator

  • puthiamadamputhiamadam Member Posts: 10
    Hello. What would be the residual value on a 2020 RX350 with a 3 year 45000 lease. I am in NJ. Thanks in advance.
  • MichaellMichaell ColoradoModerator Posts: 206,063

    Hello. What would be the residual value on a 2020 RX350 with a 3 year 45000 lease. I am in NJ. Thanks in advance.

    .00060 and 54%
    $1750 leaes cash

    Edmunds Price Checker
    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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