2024 Lexus RZ Lease Deals, Incentives, Rebates, and Prices

135

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  • kyfdxkyfdx Moderator Posts: 257,450

    May I have the details (MF, etc.) for the following:

    • RZ300e Premium
    • $56,250 MSRP
    • ~$19K in rebates and dealer discounts
    • $5K down
    • $499/mo
    • 12K miles
    • 36 month lease (I think $20,500 RV?)
    • 30318 zip

    Is this a decent deal? Thanks!

    .00115 MF and 38% residual
    $15K lease cash

    Do you have the adjusted CAP cost?
    Seems like it would be around $37,000 to get that payment.

    38% of that MSRP = $21,375 residual.

    Is $5K the full amount Due at Signing?

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  • eSQapeArtisteSQapeArtist Member Posts: 5

    Yes, full $5K due at signing. I need updated terms, but I've attached a photo of a version before further negotiations to get me to a $499/mo payment.

    When I try to calculate my MF it's like 0.008 - but you're sharing 0.00115 which seems good from the research I've done. I'm new to this, so any additional perspective is greatly appreciated!!!

  • kyfdxkyfdx Moderator Posts: 257,450

    Yes, full $5K due at signing. I need updated terms, but I've attached a photo of a version before further negotiations to get me to a $499/mo payment.

    When I try to calculate my MF it's like 0.008 - but you're sharing 0.00115 which seems good from the research I've done. I'm new to this, so any additional perspective is greatly appreciated!!!

    Your screenshot looks like a purchase quote. I wonder why your tax is so low? Does GA not tax EVs?
    Hopefully, the taxable fees include the $795 acquisition fee. No mention of your $5000 upfront in those numbers.

    $4500 of CAP reduction off the bottom line (reserving $500 for the 1st payment) would give you a CAP cost of about $35,500. If that's the case, then they are marking up the money factor a lot from .00115.

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  • eSQapeArtisteSQapeArtist Member Posts: 5

    I believe GA does tax EVs. Waiting on an updated term sheet...

    The MF you shared, where does that come from? Is that the # the manufacturer or bank gives to the dealership, then from there they can increase to make extra money?

    Also, when the dealership gives incentives that reduces the CAP cost, correct? Why would they do that then mark up the money factor vs. not offering incentives?

    Sorry for all the questions- I'm very curious.

    Appreciate it!

  • MichaellMichaell Moderator Posts: 255,699

    I believe GA does tax EVs. Waiting on an updated term sheet...

    The MF you shared, where does that come from? Is that the # the manufacturer or bank gives to the dealership, then from there they can increase to make extra money?

    Also, when the dealership gives incentives that reduces the CAP cost, correct? Why would they do that then mark up the money factor vs. not offering incentives?

    Sorry for all the questions- I'm very curious.

    Appreciate it!

    The MF comes from the leasing bank; yes, the dealer can mark it up for extra profit for themselves.

    The factory is the one offering the incentives.

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  • eSQapeArtisteSQapeArtist Member Posts: 5
    edited May 2024

    Received an updated quote. Dealer said my MF is .00218, higher than what you shared but from my research not outrageous (and def not the 0.008 I was calculating).

    Cap cost is $34,890 after money down.

    Thank you for all of your help!!

  • kyfdxkyfdx Moderator Posts: 257,450

    Received an updated quote. Dealer said my MF is .00218, higher than what you shared but from my research not outrageous (and def not the 0.008 I was calculating).

    Cap cost is $34,890 after money down.

    Thank you for all of your help!!

    A markup of .00100 is equivalent to marking up an interest rate by 2.5%.. So, pretty egregious.

    Adds over $80/mo. to the payment

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  • eSQapeArtisteSQapeArtist Member Posts: 5

    Thanks for the insight. If the dealer is taking an additional $4,500 off, aren't they losing money that way? I'm still unsure how dealer discounts reconcile with what they make via the money factor.

    Any suggestions on what I should ask for to make it a more fair deal?

  • MichaellMichaell Moderator Posts: 255,699

    Thanks for the insight. If the dealer is taking an additional $4,500 off, aren't they losing money that way? I'm still unsure how dealer discounts reconcile with what they make via the money factor.

    Any suggestions on what I should ask for to make it a more fair deal?

    Start by telling them you won't sign any deal unless you get the base MF.

    And, dealers won't offer any deal unless they are making money, somewhere. Not your job to worry about that - just get the best deal you can.

    Work with multiple dealers, if possible.

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  • MikesWolMikesWol Member Posts: 52

    Can I get the money factor, RV and any rebates/incentives on a 2024 Lexus RZ 300e premium.

    36/10k and 27/10k

    Zip code 76040

  • MichaellMichaell Moderator Posts: 255,699
    MikesWol said:

    Can I get the money factor, RV and any rebates/incentives on a 2024 Lexus RZ 300e premium.

    36/10k and 27/10k

    Zip code 76040

    .00115 MF
    $15K lease cash
    39% and 45% RV

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  • samovolvosamovolvo Member Posts: 10
    Can you give the MF, Residuals and incentives for RZ 450e premium with 36/10? Zip code is 90272.
  • kyfdxkyfdx Moderator Posts: 257,450
    samovolvo said:

    Can you give the MF, Residuals and incentives for RZ 450e premium with 36/10? Zip code is 90272.

    .00115 MF and 39% residual
    $17,000 lease cash

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  • svizca1svizca1 Member Posts: 13
    Hi, Can you please advise what is the money factor and residual for 2024 e450 premium for 10k miles, 24 and 36 months. Zip 07039

    Thanks-
  • kyfdxkyfdx Moderator Posts: 257,450
    svizca1 said:

    Hi, Can you please advise what is the money factor and residual for 2024 e450 premium for 10k miles, 24 and 36 months. Zip 07039

    Thanks-

    .00063 MF
    46%/39% residual

    $17,000 lease cash

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  • hsaeed001hsaeed001 Member Posts: 64
    Can I please get MF and residual for RZ450E Premium AND 300E Premium 22102 Thank you!
  • kyfdxkyfdx Moderator Posts: 257,450
    hsaeed001 said:

    Can I please get MF and residual for RZ450E Premium AND 300E Premium 22102 Thank you!

    What term and mileage allowance?

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  • hsaeed001hsaeed001 Member Posts: 64
    kyfdx said:

    hsaeed001 said:

    Can I please get MF and residual for RZ450E Premium AND 300E Premium 22102 Thank you!

    What term and mileage allowance?
    10k miles and 36m please
  • kyfdxkyfdx Moderator Posts: 257,450
    hsaeed001 said:

    kyfdx said:

    hsaeed001 said:

    Can I please get MF and residual for RZ450E Premium AND 300E Premium 22102 Thank you!

    What term and mileage allowance?
    10k miles and 36m please
    .00063 MF and 39% residual

    300E: $15,000 lease cash
    450E: $17,000 lease cash

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  • dapoofyhairdudedapoofyhairdude Member Posts: 10
    edited June 2024

    Please help with

    94539
    300e or 450e
    24m/10k
    Max msd
    Incentives, mf, rv

    Thank you

    Followup, lexus has 27mo "special". Is there a significant. Can i get mf,rv for that too?

  • kyfdxkyfdx Moderator Posts: 257,450

    Please help with

    94539

    300e or 450e

    24m/10k

    Max msd

    Incentives, mf, rv

    Thank you

    Followup, lexus has 27mo "special". Is there a significant. Can i get mf,rv for that too?

    Which trim?

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  • dapoofyhairdudedapoofyhairdude Member Posts: 10

    @kyfdx said:
    Which trim?

    Premium

  • MichaellMichaell Moderator Posts: 255,699

    Please help with

    94539

    300e or 450e

    24m/10k

    Max msd

    Incentives, mf, rv

    Thank you

    Followup, lexus has 27mo "special". Is there a significant. Can i get mf,rv for that too?

    @kyfdx said:

    Which trim?

    Premium


    300 - .00082 MF and 46% / 45% for 24/27 months and 10K; $15K lease cash
    450 - .00115 MF and 46% / 45%; $17K lease cash

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  • ultra631ultra631 Member Posts: 5
    luxury . 7.5K miles.or 10 K/miles year. 33774. 27 or 36 mons. thanks
  • kyfdxkyfdx Moderator Posts: 257,450
    ultra631 said:

    luxury . 7.5K miles.or 10 K/miles year. 33774. 27 or 36 mons. thanks

    300 or 450?

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  • dapoofyhairdudedapoofyhairdude Member Posts: 10

    Another please

    94539
    300e lux
    24/10
    With and without max msd

  • MichaellMichaell Moderator Posts: 255,699

    Another please

    94539

    300e lux

    24/10

    With and without max msd

    Only difference is -1% on RV from Premium

    MSDs - max 9 x .00008 reduction each.

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  • ultra631ultra631 Member Posts: 5

    @ultra631 said:
    luxury . 7.5K miles.or 10 K/miles year. 33774. 27 or 36 mons. thanks

    450

  • kyfdxkyfdx Moderator Posts: 257,450
    ultra631 said:

    @ultra631 said:

    luxury . 7.5K miles.or 10 K/miles year. 33774. 27 or 36 mons. thanks

    450


    .00115 MF
    44%/38% residual for 27/36 mo, 10K/yr

    $17,000 lease cash

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  • dapoofyhairdudedapoofyhairdude Member Posts: 10

    Sorry, dealerships keep giving me different options and ideas.

    94539
    300e prem
    24mo
    12k vs 15k

  • MichaellMichaell Moderator Posts: 255,699

    Sorry, dealerships keep giving me different options and ideas.

    94539

    300e prem

    24mo

    12k vs 15k

    2% difference between 12k and 15k miles per year.

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  • udm_777udm_777 Member Posts: 32
    Hello,
    Could you post current numbers and incentives for:
    RZ 300e Premium and Luxury
    24/10
    Nevada location

    Thank you!
  • kyfdxkyfdx Moderator Posts: 257,450
    udm_777 said:

    Hello,
    Could you post current numbers and incentives for:
    RZ 300e Premium and Luxury
    24/10
    Nevada location

    Thank you!

    .00082 MF
    46% and 45% residual

    $15K lease cash

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  • laminator27laminator27 Member Posts: 2
    Hi, can I get numbers for 2024 Lexus RZ 300e premium please?

    36/10k and 24/10k

    Zip code 95119

    Thank you.

  • MichaellMichaell Moderator Posts: 255,699

    Hi, can I get numbers for 2024 Lexus RZ 300e premium please?

    36/10k and 24/10k

    Zip code 95119

    Thank you.

    .00082 MF
    39% and 46% RV
    $15K lease cash

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  • TrajanTrajan Member Posts: 30

    Hello,

    Seeking money factor, RV and any rebates/incentives on a 2024 Lexus RZ 300e and 450e premium.

    36/10k and 27/10k

    Zip 75082

    Thank you

  • sammybocatsammybocat Member Posts: 42

    Hi! May I get the money factor, residual and any incentives for the 2024 Lexus RZ 300e premium for 27 or 36/12k? Zip code is 32128. Thank you!

  • kyfdxkyfdx Moderator Posts: 257,450
    Trajan said:

    Hello,

    Seeking money factor, RV and any rebates/incentives on a 2024 Lexus RZ 300e and 450e premium.

    36/10k and 27/10k

    Zip 75082

    Thank you

    300
    .00055 MF
    43%/37% residual
    $15K lease cash

    450
    Same as above
    but, $17K lease cash

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  • kyfdxkyfdx Moderator Posts: 257,450

    Hi! May I get the money factor, residual and any incentives for the 2024 Lexus RZ 300e premium for 27 or 36/12k? Zip code is 32128. Thank you!

    .00055 MF
    42%/36% residual
    $15K lease cash

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  • strelitzstrelitz Member Posts: 7
    Hi, may I please have the money factor and residual for the

    300e premium and luxury
    450e premium and luxury

    zip code 94134

    Thank you
  • kyfdxkyfdx Moderator Posts: 257,450
    strelitz said:

    Hi, may I please have the money factor and residual for the

    300e premium and luxury
    450e premium and luxury

    zip code 94134

    Thank you

    What term and mileage allowance?

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  • MMcar1MMcar1 Member Posts: 14
    Can you please give the MF, Residuals and incentives for RZ 300e premium with 27 month lease, Zip code is 90019.

    7,500 miles and 10k miles
  • kyfdxkyfdx Moderator Posts: 257,450
    MMcar1 said:

    Can you please give the MF, Residuals and incentives for RZ 300e premium with 27 month lease, Zip code is 90019.

    7,500 miles and 10k miles

    27/10
    .00055 MF and 43% residual
    $16,500 lease cash

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  • strelitzstrelitz Member Posts: 7
    kyfdx said:

    strelitz said:

    Hi, may I please have the money factor and residual for the

    300e premium and luxury
    450e premium and luxury

    zip code 94134

    Thank you

    What term and mileage allowance?
    Sorry, 36 month 10,000 miles a year!
  • MMcar1MMcar1 Member Posts: 14
    edited July 2024
    can you also give this for 27 months/7,500 miles as well as 36 months/10,000 miles.

    Thank you!
  • MichaellMichaell Moderator Posts: 255,699
    strelitz said:

    kyfdx said:

    strelitz said:

    Hi, may I please have the money factor and residual for the

    300e premium and luxury
    450e premium and luxury

    zip code 94134

    Thank you

    What term and mileage allowance?
    Sorry, 36 month 10,000 miles a year!
    MMcar1 said:

    can you also give this for 27 months/7,500 miles as well as 36 months/10,000 miles.

    Thank you!

    .00055 MF

    300 Prem - 43% / 37% for 27/36 and 10K
    300 Lux - 42% / 36%
    $16,500 lease cash

    450 Prem - 43% / 37%
    450 Lux - 42% / 36%
    $18,500 lease cash

    +1% for 7500 miles

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  • MMcar1MMcar1 Member Posts: 14
    thanks!!
  • eric500eric500 Member Posts: 7

    Hello in 78754 may I please get the following numbers?

    27/36 months 7500 miles 300 premium

    And it’s 9 MSD at 0.00008 reduction each? What about if one pay? Thanks!

  • kyfdxkyfdx Moderator Posts: 257,450
    eric500 said:

    Hello in 78754 may I please get the following numbers?

    27/36 months 7500 miles 300 premium

    And it’s 9 MSD at 0.00008 reduction each? What about if one pay? Thanks!

    .00055 MF
    43%/37% residual

    $15K lease cash

    6 MSDs reduce it to .00007 MF

    One-pay = .00001 MF

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  • Snailspeed1Snailspeed1 Member Posts: 3

    May I please have the MF, residual for 300e Premium in 92126?
    27/7.5k 27/10k,
    36/7.5k 36/10k

    Thank you.

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