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

tommy120

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 ?

Michaell

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

DennyMn

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!

kyfdx

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

tommy120

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 !!

kyfdx

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.

tommy120

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

Michaell

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.

coo33178

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!

kyfdx

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

puthiamadam

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

Michaell

puthiamadam said:

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