RX - 4th Gen (2016-2022) Discussion topics related to the 2016 and up RX350 and RX450h models

Should I buy out my lease (Merged Threads)?

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Old 10-09-19 | 08:51 AM
  #61  
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New car every three years is always more costly. It's your decision - nobody here can decide what's best for you. I have a 17 as well but I bought it as I NEVER LEASE. yeah - I have to put a few bucks into it soon - tires etc but with only 35K miles on the clock, it's still relatively new.
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Old 10-09-19 | 09:05 AM
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Your buyout, assuming that is Canadian Dollars is a steal... I bought a December 2016 F-Sport 3 (virtually same equipment as an Executive) with 41,000km for CA$ 46k + tax and that seemed like a good deal at the time. Can't find a deal that good on autotrader right now (I can't have a black car).
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Old 10-09-19 | 09:07 AM
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idk if that payment is normal, it is quite steep almost car finance rather then lease.

Find out buyout price on your lease. See if theyre are any deals to be had on leftover 19s.
Old 10-09-19 | 09:29 AM
  #64  
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Originally Posted by coolsaber
idk if that payment is normal, it is quite steep almost car finance rather then lease.

Find out buyout price on your lease. See if theyre are any deals to be had on leftover 19s.
That's why it's better known as a "Fleece" and not a "Lease".
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Old 10-09-19 | 11:06 AM
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Originally Posted by mikemu30
That's why it's better known as a "Fleece" and not a "Lease".
Thats a different debate. Plus the RX leases well if you know where to look.
Old 10-10-19 | 09:04 PM
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Thanks everyone for your replies, I’m compelled to buy it out.
Looked at dealers and AutoTrader, current car prices are way higher than my buyout (even if they are ‘certified’).
Old 10-10-19 | 11:21 PM
  #67  
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Originally Posted by Thumble
Thanks everyone for your replies, I’m compelled to buy it out.
Looked at dealers and AutoTrader, current car prices are way higher than my buyout (even if they are ‘certified’).
Have you seen any new lease numbers?
Old 10-16-19 | 06:41 AM
  #68  
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Here's another option-- if your current vehicle is worth more than the residual,it returns a positive cashflow which you can use as a down payment on any 2020 vehicle. Dealer profit is in the used car, less new car value. I have done this in the past with Lexus.
Old 10-18-19 | 05:50 AM
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I may think about 2020 because of ongoing transmission problems and no factory warranty. Also crappy info system improved with 2020.
Old 10-18-19 | 09:37 AM
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Originally Posted by chas410
I may think about 2020 because of ongoing transmission problems and no factory warranty. Also crappy info system improved with 2020.

Transmission problems?
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Old 10-18-19 | 10:46 AM
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Originally Posted by chas410
I may think about 2020 because of ongoing transmission problems and no factory warranty. Also crappy info system improved with 2020.
What transmission problems?
Old 02-07-20 | 12:12 PM
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Default Lease buyout?

I have three months left on my 36 month lease of a 2017 RX350 with about 22000 miles on it. The buyout with taxes is about $35k. I really like the car but am wondering if this is good deal???
Old 02-07-20 | 12:47 PM
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It all depends on what options (rims,color) are on your RX. Please provide picture or text.

I searched for a few months and bought a fully loaded 2017 RX450h with 20k miles for $37,200. It was a rare find on a Kia/Dodge lot.
If your RX has Nav and 20" rims, 35k is a good price for a buyout.
Old 02-07-20 | 06:46 PM
  #74  
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I got a 2019 rx350 FSpsort 27 months 10k miles per year

The msrp is $57,750

It has navi.

The lease buyout is $34k

I think yours at $35k is a bad deal since it was a 36 month lease
Old 02-08-20 | 09:50 AM
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It’s fully loaded white with the Navi and 20 inch rims. The buyout is $32,500 with tax all in $35k


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