2017 Lexus Rx 350 Offer - How can I do better on this?

2017 Rx 350 2WD
MSRP 52684.00
Discount = 5319.00
Vehicle Price = 47365.00
Rebate = 2000.00
Sales Tax = 2905.17
Doc Fee 798.50
License 250.00
Electronic Filing 249.50
Tire Fee 5.00
Battery Fee 1.50
Due on Delivery 51,574.67

.00070 money factor and 56% residual ($29,503)

36 months \ 15k
Payment of 579.00
1000.00 due at drive off.

Thanks.

Have you searched and read all the RX 350 threads?

Yes but there’s not many from recent . The one I did find was a higher msrp and was using MSD which I am not .

Stretch the discount … right now you are around 10%, depending on where you are, you may be able to get 12-13%
and MSD’s will do the trick for $50 month lesser in payments…
I recently lease a cheaper RX, with 12% discount and MSD’s

There are like half a dozen from the last two weeks. Anyway, the principle remains the same. Take the same % discount off MSRP, and then calculate the payment via non-MSD MF

I’ve literally seen at least 4 from the past week. You could have easily searched to see the others but instead you decided to just post

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@BoardWalkNJ @max_g

What The Fuck is wrong with you people. if you want a dead boring board go on edmunds. What is MF and Residual. What is MF and residual?

he posted his deal for an honest evaluation. Shared all his useful numbers and you guys are shitting on him.

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Must be a side effect of very uneventful lives???

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All the answers are already out there. There’s more than enough discussion of the RX to figure out what a good payment should be. What’s the excuse?

PS don’t act so butthurt that I called you out on your lack of leasing knowledge and needed to tell you multiple times that cap cost reductions are not AKA incentives.

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I bought a 2017 RX-350 AWD F-Sport package this past weekend. The MSRP was almost $60k. My drive off was $1500 more then yours, and my lease was for 36 month 12k miles a year. My payments are $560 a month, this is in Northern Virginia.

What was the sell price and incentives on your deal? Where are you located?

I don’t remember the exact sale price of the car. But I did receive total of $2800 in incentive. As stated above, I am located in Northern Virginia.

were you a lexus or RX owner already is that part of the incentives you received?

Total incentive was $2800. $1000 was Loyalty Bonus, my wife currently has a Lexus lease also. And $1800 was regular regional bonus on the car for the month of July.

Literally in the same position. Just left the dealership, I’ll post my offer shortly.

UPDATE: File Jul 14, 13 40 01

I’m thinking there’s a goof amount of room here to get at $5k OOP with $4k towards MSD’s and still get at approx. $450/month tax-in.

Jesus that selling price is horrible. You’re getting a 6% discount on MSRP lol.

Even on Edmunds TrueMarketValue tool it’s saying for a ~$50K RX350 the selling price should be $46,976 BEFORE incentives. They’re going to say that that edmunds price includes incentives. No. Incentives are given to the dealer from corporate. Don’t let them mark up the price of the car and also get reimbursed from corporate for double profit.

That is ridiculous

https://www.edmunds.com/lexus/rx-350/2017/suv/st-401660464/options/?legacy=true#step0

You should also tell them that after factoring in holdback that they’re only actually discounting the car by $2000 which is a 4% discount. Ridiculous.

Lexus holdback aka selling bonus from corporate is 2% of any Lexus MSRP.

PM me for additional shiesty tips and tricks.

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Edit: Nevermind, Disregard