Lease buy out question!
#17
Driver School Candidate
Thread Starter
Join Date: Jan 2010
Location: IN
Posts: 12
Likes: 0
Received 0 Likes
on
0 Posts
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
Again, thanks to all that have posted. I am having the dealership attempt to buff out a few scratches on the front bumper for me and then I will do a once over in a day or two and try and bring the car home
![Cool](https://www.clublexus.com/forums/images/smilies/cool.gif)
#18
Lexus Test Driver
iTrader: (2)
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
I got a great deal from the start. Since I got it in December of 08, they were trying to dump them and start pushing 09. I also purchased 3 other cars through the same dealer over the years. The negotiated price at the start was $52,500 out the door. Hard to compare to what most people paid during 08 for their car.
#19
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
I got my CPO 08 nav, for $45k otd when they were asking $45k before tax and license in summer 2011. So I got the car for $42k pretty much. IMO I think you can probably do around the same.
#21
Driver School Candidate
Join Date: Jan 2012
Location: Texas
Posts: 30
Likes: 0
Received 0 Likes
on
0 Posts
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
The buyout depends on what residual was used upon contracting the lease. The residual depends on the mileage chosen by the driver. It also depends on the original MSRP of the car.
The CPO warranty costs the dealership $1000. Typically recon costs are $2-$3k.
The CPO warranty costs the dealership $1000. Typically recon costs are $2-$3k.
#22
Driver School Candidate
Thread Starter
Join Date: Jan 2010
Location: IN
Posts: 12
Likes: 0
Received 0 Likes
on
0 Posts
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
I want to thank everyone for their feedback. I made an offer just shy of 40k and it was rejected. Dealership wanted 42.5k, and "claims" they have 40k into the car. I walked out, and only time will tell if they give me a call to come back in..
Thread
Thread Starter
Forum
Replies
Last Post
joako
RX - 2nd Gen (2004-2009)
8
02-07-07 11:33 AM