TradeStar

Hiya.....well lease is up in 2 weeks on 07 RX350....wow, it went so fast...

At any rate, was inquiring about new 2010 RX350 with dealer here in Suffolk County , Long Island, NY. For the RX AWD + Premium + Comfort + NAV, he said the MSRP was $46,593. For the buy price, I was quoted $43,800. I will be leasing it, so that is the capitalized cost.

I think right now the #s came in @ $605 per month with $3300 down which includes taxes (roughly $1850) , first payment ($605) and a bank fee of like $800 bux.

My 2 questions are:

1) What is the dealer cost on this SUV , equiped as mentioned above?

2) Does the Audi Q5 or even a loaded Toyota Highlander Limited (everything but rear seat entertainment $MSRP $39,600) compare to the new 2010 Lexus RX350?

btw, the sales associate mentioned that lexus is having its big sale in august and supposedly pricing comes down.....hopefully the money factor does as well....I think its like 5.14% right now!

Thanx in advanced for all responses.

Kyousuke

Sorry I can't answer those questions, but I have a question about the big sale in August. What are the details on it?

TradeStar

Traditionally, Lexus runs 3 big sale promos every year. The Sales Associate mention that he was hopeful and confident that Lexus Financial will run a better program on the 2010 RX350 come August. This means that the money factor could be more favorable for us leasee.

Anywhere in the 3-3.5% would be a good start to get the lease price lower. Ofcourse, lowering the cap cost to around 42,000-42,500 would be great too! Last but not least, I think the residual is @ 59% (12k miles per year) and that has remained the same from the 2007 RX350 I leased in july 07.

rxets

$41.5K-$42.5K should be pretty close to the dealer's (or sale rep) bottom line. I guess.

I don't know if Lexus would make any strategy changed since RX10 has pretty stable sales records so far.

June 7355
May 7462
April 6237

I'm not sure if Lexus indeed decreases the prodcution, if so, this might also affect how Lexus is going to sell their cars.

roman1

Leased one back in May. Premium Package with NAVI. $3200 - total out of pocket $ 565.00 a month for 3 years. 12,000 miles a year.

ciparis

Current lease factor for me was .215 -- much lower than when they first came out.

Mitchs

Could somone please help me fimnd out what the money factor and residual is for the 450h 2010 AWD 12k a year

zoombie99

Check out the RX thread in the forum sections on edmunds.com and you get all the info you need.