2024 Price/Lease Thread
#272
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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
#273
Lexus Test Driver
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CCGS (07-29-24)
#278
#279
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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.
I found the base pack to be pretty well equipped.
#280
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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?
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?
#281
Lexus Test Driver
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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?
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?
#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
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
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.
I found the base pack to be pretty well equipped.
Last edited by SKGX; 08-11-24 at 04:48 PM.
#283
Intermediate
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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
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
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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CCGS (08-11-24)
#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.
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.
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.
The following users liked this post:
CCGS (08-11-24)