RX - 5th Gen (2023-present) Discussion topics related to the 2023 and up RX models

2024 Price/Lease Thread

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Old 07-24-24, 01:23 PM
  #271  
Violin1990
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Providing my DP. 2024 RX350h Luxury @ $4550 off MSRP. Dealer also offered $1k off the 6 year tire & wheel warranty, so pulled the trigger on that.
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Old 07-24-24, 01:25 PM
  #272  
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Originally Posted by Violin1990
Providing my DP. 2024 RX350h Luxury @ $4550 off MSRP. Dealer also offered $1k off the 6 year tire & wheel warranty, so pulled the trigger on that.
​​​​​​​Wow! If that deal was presented to me, I'd probably do the same, too.

Last edited by eyi526; 07-25-24 at 02:36 PM. Reason: adding quote
Old 07-24-24, 06:07 PM
  #273  
mikemu30
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Originally Posted by Violin1990
Providing my DP. 2024 RX350h Luxury @ $4550 off MSRP. Dealer also offered $1k off the 6 year tire & wheel warranty, so pulled the trigger on that.
You did well on the purchase but prob gave some back on the tire package. Huge profit center for them.
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Old 07-24-24, 06:08 PM
  #274  
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Originally Posted by AznD85
What have you gotten for a 2024 Lexus RX350H Premium Plus out the door price? Did you get it under MSRP and if so how much below MSRP? What is your out the door number?
Ours was $63k and we paid $60,500.
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Old 07-29-24, 08:52 AM
  #275  
potatojiro
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Bought first lexus! RX350 (ICE) awd premium plus @ 10% off msrp. I think 12%+ is definitely doable in the northeast but I hate negotiating
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Old 07-29-24, 10:10 AM
  #276  
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Just leased '24 RX350 F-Sport $66,4 sticker for an adj Cap of $58,3 plus the $3500 lease cash
$3750 due at signing @ $625/mo for 36mos and 10k mi/yr
Old 08-10-24, 04:01 PM
  #277  
bflash98
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I was able to get $2,500 off MSRP on a 2024 RX 350H Luxury which should arrive in a week. They also threw in the Amoral protection. I guess it was already applied to the car.
Old 08-10-24, 06:41 PM
  #278  
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Originally Posted by bflash98
I was able to get $2,500 off MSRP on a 2024 RX 350H Luxury which should arrive in a week. They also threw in the Amoral protection. I guess it was already applied to the car.
Good for you in getting that off MSRP, hopefully this becomes more of a trend. Cheers
Old 08-11-24, 08:38 AM
  #279  
ujwal1989
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I got RX base package in Bay Area for $5,500 off plus $2,500 lease case. The lease turned out to be $623/ month, $2000 down with 10% tax for 10K mile & 3 year lease. MSRP was about $52,300 . MF at 0.0039 was extremely high, but can that be negotiated?
I found the base pack to be pretty well equipped.
Old 08-11-24, 03:45 PM
  #280  
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Default 24 rx350 premium pricing

Hi all, looking at a rx350 premium white. Currently dealer is discounting upfront $2500 of their models. So premium model w/ convenience package, 21” wheels, 14 in screen, coming up at $56670. This is in PA. Have another dealer in KY, also on website, showing $3344 discount, with all same options plus edge film ($695), coming up at $56186.

are these prices still on the higher end considering 2025 around the corner? And PA dealer states no haggle pricing, meaning they don’t negotiate…is that true? Or always still a wiggle room?
Old 08-11-24, 04:03 PM
  #281  
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Originally Posted by stevec016
Hi all, looking at a rx350 premium white. Currently dealer is discounting upfront $2500 of their models. So premium model w/ convenience package, 21” wheels, 14 in screen, coming up at $56670. This is in PA. Have another dealer in KY, also on website, showing $3344 discount, with all same options plus edge film ($695), coming up at $56186.

are these prices still on the higher end considering 2025 around the corner? And PA dealer states no haggle pricing, meaning they don’t negotiate…is that true? Or always still a wiggle room?
Target 10% off msrp for ice model with next year model around the corner.
Old 08-11-24, 04:41 PM
  #282  
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When you say "$2000 down", is that total out of pocket at signing or $2000 cash down plus fees and taxes?

Which in the case of this lease would be approx $6500 due at signing if it were fees, taxes and $2k downpayment (depending of the 'Fees') you're at $553/mo (approx)

If you rolled in all fees, taxes and just did $2000 total out of pocket at signing you're looking at $699/mo

yes, your MF is poor @ .0039 (9.36%)
My MF on my lease was .00261 (6.26%)

If you have T1+ (over 825) credit, that is LFS going MF. they can absolutely give you a higher rate, or perhaps you have risky credit score? Sounds like they're giving you buy rate on the lease....Or perhaps they're using another institution for lease financing? LFS T2 MF is .00316 and T3 is .00406

Originally Posted by ujwal1989
I got RX base package in Bay Area for $5,500 off plus $2,500 lease case. The lease turned out to be $623/ month, $2000 down with 10% tax for 10K mile & 3 year lease. MSRP was about $52,300 . MF at 0.0039 was extremely high, but can that be negotiated?
I found the base pack to be pretty well equipped.

Last edited by SKGX; 08-11-24 at 04:48 PM.
Old 08-11-24, 05:00 PM
  #283  
wrinkle
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Originally Posted by SKGX
yes, your MF is poor @ .0039 (9.36%)
My MF on my lease was .00261 (6.26%)

If you have T1+ (over 825) credit, that is LFS going MF. they can absolutely give you a higher rate, or perhaps you have risky credit score? Sounds like they're giving you buy rate on the lease....Or perhaps they're using another institution for lease financing? LFS T2 MF is .00316 and T3 is .00406
I had T1+ (over 825) credit score, and my dealer had "assigned" a higher rate than even 0.0039 for my lease. They also lied to me that I couldn't buy out the lease for 6 months, etc. These are all dealer's screwing around with you with BS. It was 8:30 pm when I was completing paperwork, so I elected not to argue with the dealer, and instead bought out the lease immediately (as I also had the lease incentive) so that dealer's manipulated high MF didn't matter at all to me. However, if someone's going to keep the lease, agreed that they need to fix this. I service with a different dealer - the only reason I went to the leasing/buying dealer was that they had the color combination I wanted.

Dealer is a primary reason not to buy from traditional auto-makers, as far as I'm concerned. If I am to buy an EV, any of the new-age EV makers, the direct to manufacturer and online system is the way to go.
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Old 08-11-24, 05:30 PM
  #284  
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Best thing that any buyer (or leasor) can do is research and know their information. If you approach the transaction knowing the deal that you want; Residual, Discount, Fees (standard Mfg/gov't from the sticker & NOT dealer imposed), MF, Mfg Incentives and tax rate, then you have every chance to get the deal that you want. Arrive at the payment that you desire prior to shopping the vehicle with all of the information mentioned above and stick to your mission. You'll get your deal. The internet is your friend and be open to obtain the car from any dealer willing to give you the deal that you want.


Originally Posted by wrinkle
I had T1+ (over 825) credit score, and my dealer had "assigned" a higher rate than even 0.0039 for my lease. They also lied to me that I couldn't buy out the lease for 6 months, etc. These are all dealer's screwing around with you with BS. It was 8:30 pm when I was completing paperwork, so I elected not to argue with the dealer, and instead bought out the lease immediately (as I also had the lease incentive) so that dealer's manipulated high MF didn't matter at all to me. However, if someone's going to keep the lease, agreed that they need to fix this. I service with a different dealer - the only reason I went to the leasing/buying dealer was that they had the color combination I wanted.

Dealer is a primary reason not to buy from traditional auto-makers, as far as I'm concerned. If I am to buy an EV, any of the new-age EV makers, the direct to manufacturer and online system is the way to go.
Old 08-11-24, 05:33 PM
  #285  
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If you can wait until the 29th of the month... dealers get real negotiable to make better sales numbers. Worked for me.
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