Lexus GX 460 lease

DaehoDaeho Member Posts: 2
edited December 2018 in Lexus
I have received a lease deal from a local Lexus dealer in Dallas. Can you pls let me know if this is a good deal? I am planning to lease a GX 460 this weekend. Model: GX 460 Premium MSRP: $57,800 Monthly: $525 (tax, title, license...everything included). 36 months/10k Down payment at signing: $5,000 Residual: 58% Thanks.
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  • kyfdxkyfdx Moderator Posts: 261,811
    Daeho said:

    I have received a lease deal from a local Lexus dealer in Dallas. Can you pls let me know if this is a good deal? I am planning to lease a GX 460 this weekend.

    Model: GX 460 Premium
    MSRP: $57,800
    Monthly: $525 (tax, title, license...everything included). 36 months/10k
    Down payment at signing: $5,000
    Residual: 58%


    Thanks.

    What is the selling price?
    Adjusted CAP cost?

    2018 or 2019?

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  • DaehoDaeho Member Posts: 2
    Thanks Kyfdx for your note.

    Here is more detailed information:

    MSRP: $57,853
    Sales Price: $52,498
    Rebate: $4,000
    Net Sales Price: $48,498
    Tax: $3,031.13
    Licence, Reg, fees: $350
    Acquisition Fee: $795
    Total Discounts: $9,355
    58% Residual 39 Months $33,554.74
    39 Months/10K Miles/$5,000 down

    Monthly payment was $545 at first, and now they came back with $525 after negotiation. Should I sign the lease?
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