Find Lexus Dealers in Detroit, Michigan

The process of buying a new Lexus car or truck can seem overwhelming if you don't know where to begin. Edmunds.com can get you started on the right track with a convenient directory of Lexus car dealerships in and around Detroit, Michigan. Compare online price quotes on the new or used car, truck, SUV, minivan, or wagon of your choice to locate the best deals. Edmunds.com makes it easy to find trusted Lexus car dealers in Detroit, saving car buyers time and money on what will be an important purchase.

Meade Lexus

28300 Northwestern Hwy
Southfield, MI 48034
(248) 372-7100

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Meade Lexus of Lakeside

45001 NorthPointe Blvd
Utica, MI 48315
(586) 726-7900

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Lexus of Ann Arbor

590 Auto Mall Dr
Ann Arbor, MI 48103
(734) 996-1662

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View all Wayne County, Michigan Lexus Car Dealers

Detroit, MI Lexus Car Consumer Discussions

Re: Got what seems to be a really bad offer... [tacomaboy]: by richz on Sun Apr 29 19:39:27 PDT 2007; The residual and money factors are set by LFS, but the dealer is free to mark up the money factor. To make sure you're not getting marked up on the money factor you need to calculate your monthly payments yourself to see if the numbers work out right.

Re: Got what seems to be a really bad offer... [tacomaboy]: by richz on Thu Apr 26 07:33:47 PDT 2007; You need to read up on the basics of leasing. If you negotiate the price down to $38,000, you still need to tell us what the residual value is for the vehicle given the terms of your lease, as well as the money factor (basically interest rate) that he is charging you. Don't just talk monthly payment with the dealer, you need to get all those numbers I mentioned above and then we can tell you if you're getting a fair shake. Also, I don't know if they will consider your credit scores "excellent". I don't know what their cutoffs are but you may not qualify for their top tier credit.

Re: Good Deal? Updated Question [spyglass1]: by richz on Sat Mar 31 06:59:09 PDT 2007; Sorry, I can't help you with the money factor since I don't know how Car_Man gets those numbers. Car_Man is posting in other threads so I'm not sure why he's taking so long to get here. Try to send him an e-mail maybe.

Re: Need help with '07 RX350 Lease Numbers [richz]: by richz on Thu Mar 15 19:49:55 PDT 2007; As a followup, I ended up negotiating the price of the vehicle to $40,000.

Re: Need help with '07 RX350 Lease Numbers [Car_man]: by richz on Wed Mar 14 05:42:03 PDT 2007; Hey Car_man, I hope you didn't read my message wrong. I wasn't saying I don't believe you, I just wanted to make sure you sent me the correct numbers since 59% is also what the dealer ave me as the residual value but it just seemed a bit low. Thanks.

Re: Need help with '07 RX350 Lease Numbers [Car_man]: by richz on Tue Mar 13 06:11:55 PDT 2007; Are you sure about the residual value being only 59%? This seems only very very slightly higher than after 3 years/15,000 miles. Also, I have seen people posting money factors lower than 0.002 in this thread. Was there some sort of support from Lexus that has now ended? In my original post I asked how you are getting the residual values and money factors. Do you have some sort of inside knowledge? I am asking this so I know how much I can trust your numbers if I try and negotiate with the dealer. Finally, what do you think about a 24 month lease vs a 36 month lease? I was thinking I could lease for 36 months and try to find someone to takeover my lease for the last 12 months if I don't want to keep the car any longer. I read the articles you linked to in your reply already. Thanks.

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