2019 RX 350 Deal Check - TX

2019 Lexus RX 350, MSRP 51,100, 10k/36mo

This is only the first round pricing, dealers seems decent and quite straight forward. Sales tax credit applied if doing 1-pay which is a big plus for TX. With the newly refreshed 2020, I think I can still work on the selling price. Other than that, does it look alright?

Also one big question, if the car is totaled, will the unrented part of payment be returned to leasee? There are multiple answers and I don’t think I found a definitive on about Lexus.

Thank y’all in advance! First time trying to lease, so any input is much appreciated

MSRP $ 51,100.00
Capital Cost: 46,249.00
MF: 0.00001
ResV %: 56 ( Res $: 28,616.00 )
Rebates : $2500

1Pay : $16,770.65

I mean, it looks like it checks out. Finance charge is next to 0 and of course tax credit is helping a ton here!

Not sure what your liability/potential loss on total or theft is with doing a 1P on a Lexus though.

Thank you for your input! Checking with the dealer to see how the total loss will be dealt, will update once it’s clear