How bad of a deal is this :( 2020 NX 300H Trying to get a good lease

dscustomsdscustoms Member Posts: 5
edited January 2020 in Lexus
Looking for some help, as the local Las Vegas dealers are ridiculous. Do I need to go national to find a good deal? I'm seeing people quoting rates several hundred less here.
Here's the best quote from them so far.
2020 NX300H
MSRP 43953
Selling price 39788
+595 for something marked accessories
36 month lease, 15K per year
0 Cash down rate is 645 per month
Residual quote is 23,734
Tax rate is 6.5% (84770)

What should I actually be looking at for a payment on a similar car?
Thank you for the help!
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  • MichaellMichaell Moderator Posts: 257,493
    dscustoms said:

    Looking for some help, as the local Las Vegas dealers are ridiculous. Do I need to go national to find a good deal? I'm seeing people quoting rates several hundred less here.
    Here's the best quote from them so far.
    2020 NX300H
    MSRP 43953
    Selling price 39788
    +595 for something marked accessories
    36 month lease, 15K per year
    0 Cash down rate is 645 per month
    Residual quote is 23,734
    Tax rate is 6.5% (84770)

    What should I actually be looking at for a payment on a similar car?
    Thank you for the help!

    There is a dedicated thread to NX leases; lots of good information there.

    https://forums.edmunds.com/discussion/56909/lexus/nx-300/2020-lexus-nx-lease-deals-and-prices#latest

    And, no need to go national. I'm sure you can score a good deal in the greater LA area.

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • dscustomsdscustoms Member Posts: 5
    Using the leasehackr calculator it seems they must be charging a money factor double the rates I'm seeing from others. Should I give up on vegas and try the california dealers?
  • dscustomsdscustoms Member Posts: 5
    Also I don't see a lot of hybrids in that other thread. For 89101 (Las Vegas) what should the mf and residual be?
  • kyfdxkyfdx Moderator Posts: 259,194
    dscustoms said:

    Also I don't see a lot of hybrids in that other thread. For 89101 (Las Vegas) what should the mf and residual be?

    36/15
    .00115 MF and 54% residual
    $2500 lease cash

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  • Dee_SarinDee_Sarin Member Posts: 22
    Hello
    Can you give me the MF / RV plus and other incentives in 60559 for a 2020 Lexus NX300h?
  • MichaellMichaell Moderator Posts: 257,493
    Dee_Sarin said:

    Hello
    Can you give me the MF / RV plus and other incentives in 60559 for a 2020 Lexus NX300h?

    What trim level?
    Lease term and miles per year?

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • Dee_SarinDee_Sarin Member Posts: 22
    2020 Lexus NX 300h AWD Hybrid MSRP$45,026
    36 / 12,000
  • MichaellMichaell Moderator Posts: 257,493
    Dee_Sarin said:

    Hello
    Can you give me the MF / RV plus and other incentives in 60559 for a 2020 Lexus NX300h?

    Dee_Sarin said:

    2020 Lexus NX 300h AWD Hybrid MSRP$45,026
    36 / 12,000

    .00040 and 54%
    $2500 lease 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 / 2024 Kia Sportage Hybrid SX Prestige

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