This back and forth is going nowhere. Do it or don’t do it.
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Here’s a deal in Florida. $401
Do you know what MSD is? They asked you b4 and you didn’t reply. If not, look it up and is your money down a refundable MSD or is it cash? This example the 3000 is a refundable MSD
It’s more like 5% not 7%.
Invoice should be roughly $52,150 and technically it is a $2,000 under invoice deal.
Great info about MSD not allowed in NY. In which case it’s not a good deal at all
Please explain why? Are you comparing or to a BMW lease or something. This seems like a solid deal to me. Maybe another a few hundred dollars or so left on the car I believe.
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Because the $401/mo deal that you attached from Florida is with MSDs, 10K/mo on a $47000 MSRP car(Which is likely a FWD car rather than an AWD in NY). This car he is looking at is a $55000 car.
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This is a solid deal, might be an extra couple hundred in it like you said but that’s pretty much it.
There’s people chiming in that aren’t properly analyzing all the moving parts.
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What he said… solid deal at $479. Don’t overthink it and lose sleep over what will end up being .50 per day.
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100% correct. The dealer is making a nice profit on this one. There is a huge amount of trunk money right now because nobody is buying cars and Lexus can borrow at 0%. Should be zero at signing except for registration. Finance the tax over the life of lease.
Where do you come up with this?
Trunk money is about $2500 on an RX. Lexus doesn’t add trunk money once the car is released from the factory. That ~$2500 trunk money is decided when the Window sticker is created. They just update the rebates and rates to adjust to the market. This deal has $3250 in rebates to adjust to the market.
This dealer is profiting $500 at max including trunk money. I think its fair to profit $500 on a $55000 car that they have to pay interest, salesperson, building upkeep costs etc.
Lexus the manufacturer is making a profit on the marked up rate. No dealer has control over this. Rates stay flat unless marked up by dealer. This dealer hasn’t
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Thank you! I love how people who have no idea how it works chimes in with nonsense.
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haha it seems to be a constant trend on this forum unfortunately.
they only see what they want to see and can’t connect the dots, kinda like when you see those attractive ad deals in the newspaper for an $89 per month lease 
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lol I think he was trolling thats why I didn’t even bothering responding
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Lmaoo! It pisses me off when I see that crap!
"Why cant I be at “$399/mo on this car as you have advertised?”
It is because you don’t want to put down the $3999 + Taxes and fees due at sign as stated in the fine print!!!
Read people! READ!!!
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Agree. I always roll all the taxes and related fees into the lease of a vehicle. Put 1st payment down which is standard. I would go the MSD route. The deposits would most likely round up to $500 per. Not sure how many can be used to lower the money factor down from .00045? I would go into the dealership on Mar h 31st and make the deal.
… Because since he is putting $3900 down, his $479 is essentially $589 with $0 down and the comparable i linked to is $401 with $0 down. $188 more a month * 36 months = $6768 more! = A bad deal. AND, there is a ruthless pandemic occurring where China auto sales have dropped 85% which is where USA is heading = get yourself a better deal than this bad one.
That doesn’t mean the dealers are loosening their purse strings. Low sales mean no volume bonuses, do many dealers are tightening the purse strings and going for gross profit on each unit instead.
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It does mean they will have to loosen purse strings. Absolutely. Except for those they can sell to for $600+ a month which they tried with this person.