RX - 2nd Gen (2004-2009) Discussion topics related to the 2004 -2009 RX330, RX350 and RX400H models

Good Lease Terms on a 2008 RX 350?

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Old 10-29-07, 12:46 PM
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jmgoldsmit
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Default Good Lease Terms on a 2008 RX 350?

I'm about to lease a 2008 RX 350, and I'm seeking some feedback about the terms I've been offered. The MSRP on the model I like is around $45K, and I've negotiated a net cap cost of around $41K. On a 4-year lease (15,000 miles / year), the dealer has offered a money factor of 0.00225 (5.40%) and a residual value of 44%. Are these competitive? If not, what money factor and residual value should I attempt to get? Thanks in advance for the feedback.
Old 10-30-07, 01:19 PM
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rx300mm
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I have no idea what your figures translate to .. can you examples in $$ for both payments and residuals.
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