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Agreed to the deal from Freehold Lexus in NJ. RX350 AWD with Navigation package (I believe MSRP is $48600). 36mo, 10K miles per year. $555 per month (including taxes), $1700 initial payment(includes 1st payment, Bank fee, Doc fee, and title/registration charges). It also includes 1k loyalty rebate and one payment for my current lease. I probably could of done a little better then that, but I think it is a good deal.
Considering that the purchase price is 44K. MSRP is 48,900. Residual is 60%. Money Factor is .00165. 36 Months lease. $0 cap cost reduction (or I can apply $1000 incentive for current Lexus lease holders). 7% tax that I would want to put into the payments. I get $533 a month not including Title, registration and fees. Am I correct?
Thank you Car_man. I was asking where do you get money factor and residual value information. Is it published on the Lexus website?
It is funny, but I'm also in NJ and also have current 2009 RX350 with two payments left. But we only have 22k on odometer. What dealership did you visit? We live in central NJ, and so far only went to Freehold Lexus - the same one that we leased out current car. I want also to try Bridgewater since they are participating in Costco Auto program. D
What would be current money factor and residual value for a 36 month lease of a 2011 RX 350 AWD with 10,000 miles? I also wandering how do you find out this information? Is it available somewhere to look it up? Also, could someone share their recent lease info for the 2011 RX 350 AWD with 10,000 miles? Considering the MSRP is $48300 or $48600 (with and without park assist), what would be good realistic selling price? Thanks, D
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