2020 Lexus NX 300 Fsport deal check

Ask the Hackrs
, ,
1

2020 NX fsport
36months 12000/yr
0 down 0 out the door
Socal zipcod 92840

MSRP $47,388
Discounts $4,488
Selling Price $42,900
Residual Value 56% (26,537.28)
MoneyFactor .00095
Doc Fee $80.00
License/Title $557.00
Tire Fee $8.75
Other Fee $18.00
Acquistion Fee $795.00
Tax on Collected items $193.75
Capitalize Initial Fees $551.69
Total Cap $45,109.19
Rebate Savings $2,500
Net Cap $42,609.19

Base Payment $512.01
Monthly Tax $39.68
36 months payment $551.69

Is this a good deal?
I am also thinking about doing all the MSD’s, and ideally what MF number I should be expecting?

Thanks in advance.

2

Check Edmund’s for the MF.

3

I don’t think that’s anywhere close to a good deal.

4

At first glance I thought is was an RX350 non-Fsport at that monthly payment.

5

Hello Everyone,
Now, I’ve been in contact with several Lexus dealers, brokers around me here in Socal and by far this is the best number I have received.

Checked on Edmunds for RV, MF.
RV56% MF 0.00095
36 months 12000miles.

MSRP 48,684 (almost fully loaded NX Fsport)
Rebate: 2500
Dealer Discount: 6164
Vehicle Selling Price 40457

Base payment 481.57
Monthly tax 45.75
Monthly payment 527.32

Zero Drive off.

What do you think? I could do better?
Thanks very much in advance.

6

Check Edmonds for sweet spot

27 months may be better.

Discount is great for Lexus. Looks like they gave you 8K before incentives no?

7

As far as I understand, all the incentives and rebates are included in that 8k discount.

8

Ask if they’ll do 7K discount pre-incentives

Figure out your lease sweet spot based on Edmunds

I just got in a Lexus a few weeks ago and I personally think I did a unicorn deal but nobody on this forum cares enough about Lexus to get traction on the threads like the beemer-Benz-Bentley threads get

9

Awesome, good for you man.
I guess I’m on the process of chasing the unicorn here…
So here’s an update, checked on Edmunds. No special 27month MF for January.
As far as the dealer discounts, I was able to stretch it out to 6,400 range.
Including rebates now total 8,900 off. Not so sure if they will budge for more discounts but hopefully!

10

Glad my experience helped you get a better discount.

6400 on 2020 is as far as the rubber band will stretch likely…
Lexus is very stingy on discounting- perhaps the stingiest.

They literally think they’re product is gold bars

11

which social dealer did you use? I am interested in getting this deal too!

12

I am a total LH newbie and am looking for some help from all the knowledgeable hackers out here. I have an un-negotiated quote from a dealer on NX300 F Sport and trying to figure out my negotiation approach and strategy. Here is the breakdown for a 36 month, 7,500 mile lease, MF 0.00095, RV58% -

MSRP 45,632 (base level NX F sport with comfort package, no nav, no sunroof)
Rebate: 3,250
Dealer Discount: 3,500
“Adjusted Price”: 38,882 (I assume this to be the vehicle selling price)
Documentary: 389 (I have no idea what this is)
Tax: 103.75 (not sure what this tax is on)
Non tax fees: 946.97 (no idea what is included in this number)
Balance: 40,321.72

Cash down: 3,000

Base payment 374
Monthly tax 34
Monthly payment 408

Based on what I am seeing in this thread, it seems like I am getting screwed and at a minimum should ask for at least another $2,500 in dealer discount. The documentary, tax and non-tax fees are where I am clueless and not sure what these are or whether they can negotiated away. Any help or guidance any of you can provide would be greatly appreciated.

13

I think you can get a RX350 F Sport for similar pricing!

14

OK - enlighten me. How / where?

15