Just signed this deal at a NY dealer. Any feedback would be appreciated for next time leasing a Lexus.
MSRP: 50,594
Selling price: 45,600
Discount: 10.2%
Gross cap cost: not sure
Rebates: $3800 (1.8k lease cash+1k grad+1k PGA cert)
Money Factor (MF) : 0.0008
Residual (in %): 60%
Term: 36 months
Mileage : 7.5k miles per year
MSD’s:0
down : 0
Monthly payment: $439 includes tax
Mileage is too low at 7.5k a year. Could have gotten a GX for cheaper.
That is good deal for new york with no MSD’s allowed…The GX deal includes MSD’s and additional out of pocket $. Plus NY taxes entire lease I believe.
how much discount off the MSRP without rebates is considered good deal for RX-350?
From what I have seen on this site…10 to 13%
Considering you already signed, enjoy the car. I don’t want to critique it and make you possibly regret it for the next 3 years. That being said, why didn’t you ask before posting that you signed it?