2019, Lexus, RX350, Premium Package, navigation package, blind spot, moonroof, wood sterring wheel, towing package, 100 miles on the car,
MSRP: $55680
Monthly Payment: $510 (tax included)
Drive-Off Amount: $1500
Months:27
Annual Mileage:1200
MF:0.0001
Residual: 57%?, They told me 36 month is 51%
Incentives: 5250 + 1000 Graduate
Region: norcal
Sorry I didn’t get all the details like selling price and fees. There is still some wiggle room, but I feel the price is good enough for me.
Its a marketing tactic, most customers will see the higher lease cash incentives and think they are getting a great deal not realizing there are more components to the monthly payments. In terms of the balance, it should be pretty close. Would need to take a deal and measure the incentives from previous months.
By no means I believe this is a great deals. Just want to share the numbers here.
TBH, it is more of a lesson to me. I gathered some numbers I saw on the forum and rushed to the dealer to lease the car. Family’s only car got totaled I didn’t think about the carplay or the car registration and regretted already.
Anyway, I remembered the selling price is 6000 discount plus or minus 100.
it’s not a terrible deal. Based on my experience from last November you left about 2K on the table. i got the exact same RX like yours for my wife plus an RX f sport for me. you can extend your lease by 6 months so you can technically get 9 months out of your last year’s registration.