RX - 3rd Gen (2010-2015) Discussion topics related to the 2010 - 2015 RX350 and RX450H models

Lease price .. Need help

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Old 11-16-14, 08:18 PM
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Davidgs350
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Default Lease price .. Need help

Hi people , my wife's 2012 rx 350 lease ends next week , going shopping for another Rx , so my questin is what price is to expect in December , looking to lease again . What dealer should I go , I live in Staten Island , NY.. She needs 24 or 27 months 7.5 k is fine ,she really loves the F sport, nothing or minimum out pocket.. Thanks for your help
Old 11-16-14, 08:26 PM
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HubertNow
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Go to Lexus of manhattan ask for Derek or Greg. You can tell them
Hubert sent you. Got my 3 lexus cars from there. That dealership is the best in my book and always did the right thing for me.
Old 11-17-14, 06:04 AM
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oohpapi44
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Or Lexus of Queens (Brooklyn, Manhattan, Queens are all owned by same entity, FYI) and ask for Peter LoBianco (I would say to tell him I sent you but that's not going to get you a discount so wont bother). Dealership number is 718 392-7500

Good no nonsense guy to deal with.
Old 11-17-14, 07:24 AM
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thunders
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Originally Posted by oohpapi44
Or Lexus of Queens (Brooklyn, Manhattan, Queens are all owned by same entity, FYI) and ask for Peter LoBianco (I would say to tell him I sent you but that's not going to get you a discount so wont bother). Dealership number is 718 392-7500

Good no nonsense guy to deal with.
. A quick suggestion. To take advantage of the multiple security deposit option in New Jersey you may want to consider leasing from a New Jersey dealer. Each deposit (one month lease value) reduces money factor by .00008. Nine deposits are allowed reducing money factor by .00073. You get all the deposits back at the end of lease. It's a good return on the money. I reduced my monthly lease payments by 50 dollars a month by doing this. Pretty sure New York residents can do this. I live in jersey but have co workers in New York who lease from New Jersey for this benefit.
Old 11-17-14, 03:47 PM
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rodblder44
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I just today leased a new RX F sport, currently there is a lease incentive from Lexus of $1000 off the leased price. i got a prepaid 3 yr lease for $19000, beautiful vehicle!!! Now I have to figure out all the new high tech stuff...........
Old 11-17-14, 05:20 PM
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Davidgs350
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Originally Posted by rodblder44
I just today leased a new RX F sport, currently there is a lease incentive from Lexus of $1000 off the leased price. i got a prepaid 3 yr lease for $19000, beautiful vehicle!!! Now I have to figure out all the new high tech stuff...........
That' a lot , I was offered today at bay ridge Lexus $510 tax in 27 months 7.5 k year 1100 due at signing
Old 11-17-14, 06:28 PM
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thunders
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If you are new to leasing then follow these basic tips: if you have already leased then you probably know the game.

Do not negotiate the monthly payment, this will only benefit the dealer. You will not know the selling price of the vehicle or how much they are marking up the money factor.

Negotiate the selling price of the vehicle first. The leasing branch of Lexus will be buying the vehicle from the dealer. Makes no difference for the dealer, a sale is a sale.

Know the money factor and residual before signing the lease. Use a lease calculator to see how much your payments will be and then compare that to what they present to you on paper. Numbers should match. Don't let them tell you otherwise.

Put no money down. Roll everything into the life of the lease.

Read up at edmunds.com for current money factor and residual for 2015 rx 350, plus current Lexus incentives (lease cash, first month payment waived). Residual number is set by Lexus and non negotiable. Dealer may mark up money factor so be sure to ask for base money factor set by Lexus.

Last edited by thunders; 11-17-14 at 06:53 PM.
Old 11-17-14, 08:10 PM
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ICENUTZ
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Originally Posted by Davidgs350
That' a lot , I was offered today at bay ridge Lexus $510 tax in 27 months 7.5 k year 1100 due at signing
So technically that's 550 a month payment. Compared to rodblder44 which is 527 a month effectively.

Thats exactly how dealers get you by playing numbers game..


http://www.gothamautoleasing.com/
Ask for Rob or Joe at Gotham!!!


These guys get great deals on LExus, My mother and I both purchased vehicles through them. Delivery process was fast and painless. They quoted me straight up no BS numbers right away, found exactly the colors i wanted . I agreed sent my credit app. 2 days later went to Bay Ridge to pick up the car and sign papers. I was in/out in literally an hour!!! They play no games.. No extra sales pitch extended warranty wheel/tire insurance useless garbage.....Nothing....
Old 11-17-14, 09:07 PM
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rodblder44
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Originally Posted by ICENUTZ
So technically that's 550 a month payment. Compared to rodblder44 which is 527 a month effectively.

Thats exactly how dealers get you by playing numbers game..


http://www.gothamautoleasing.com/
Ask for Rob or Joe at Gotham!!!


These guys get great deals on LExus, My mother and I both purchased vehicles through them. Delivery process was fast and painless. They quoted me straight up no BS numbers right away, found exactly the colors i wanted . I agreed sent my credit app. 2 days later went to Bay Ridge to pick up the car and sign papers. I was in/out in literally an hour!!! They play no games.. No extra sales pitch extended warranty wheel/tire insurance useless garbage.....Nothing....
I forgot to mention for my price, the dealer threw in approx $2000 in extras like body side moldings, all wx mats all around incl cargo area, and a 7 yr guaranteed exterior and interior protection program which makes the black paint glisten like a mirror................sure it didn't cost him $2000 but made me happier!!!
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