Purchased Leased 04' Rx
#1
Lexus Test Driver
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Location: Wisconsin
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Purchased Leased 04' Rx
Just purchased our leased RX. Also had the carpet post recall taken care of. They also washed the RX & filled the tank up.
Purchased a extended warranty too. Added 3 years & 100K bumper to bumper for $1800.
Would have lost lots of money if I just turned it in as they are asking about $6000 more on the lot then what I paid. Anyone else purchase their leased RX?
Purchased a extended warranty too. Added 3 years & 100K bumper to bumper for $1800.
Would have lost lots of money if I just turned it in as they are asking about $6000 more on the lot then what I paid. Anyone else purchase their leased RX?
#5
MultiTasking Mom
i've never purchased a leased car, i usually just turn them in. if you were very over mileage, you made the right choice.
dealers mark up the CPO's a lot, but they won't get that much. i've contemplated buying out my leases in the past for the same reason you did, but the residuals have been spot-on in terms of private party value, so i just gave it back. the dealers certify them and mark them up several thousand dollars, but i would say after negotiating they only get ~1500-2000 more than residual.
dealers mark up the CPO's a lot, but they won't get that much. i've contemplated buying out my leases in the past for the same reason you did, but the residuals have been spot-on in terms of private party value, so i just gave it back. the dealers certify them and mark them up several thousand dollars, but i would say after negotiating they only get ~1500-2000 more than residual.
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Marqevans
RX - 3rd Gen (2010-2015)
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03-01-15 05:20 AM