Year, Make, Model, and Trim: [2017 Lexus RX 350]
MSRP: [$51,328] (asked dealer to reduce MSRP by swapping 20" factory wheels whith 18")
Selling Price: [$45,824] (11% Off MSRP)
Rebates: [$1000 College Grad, $1000 PGA Certificate, $2500 Lease Cash = $4500]
Trade-in: [$0]
Months: [36]
Annual Mileage: [10,000]
MF: [0.00055]
MF After 6x MSD: [0.00007]
Residual: [57%]
Refundable Security Deposit: [6x$400=$2400]
Total Due At Signing: [$399 (1st month) + $2400 (6xMSD) + $275 (Cash Down to bound MSD) = $3,075]
Monthly Payment (incl. tax): [$399.98]
Zip Code: [Optional] (MN)
Sales Tax Rate: [7.375%]
Leasehackr Score: [11.1]
I went through a lot of trouble to get this deal approved by our local dealership. There is only one dealer as far as I know in MN with two branches and absolutely no competition. I have contacted all other Lexus dealers in WI and IA and north of IL to get the best “dealer discount” and have the local dealer match.
People here reported that they could get more than 11% off MSRP in CA. However, even 10% was too much in our area with such a low competition. I did even ask @Benedetto to help but he turned me down since I was not able to speak over the phone.
I have already signed this deal but please let me know your idea and I will take it into consideration next time.
