# 2020 RX350L - How can we do better?

**URL:** <https://forum.leasehackr.com/t/2020-rx350l-how-can-we-do-better/207825>\
**Category:** Ask the Hackrs\
**Tags:** suv, lexus\
**Created:** [December 11, 2019, 2:29am UTC](https://forum.leasehackr.com/t/2020-rx350l-how-can-we-do-better/207825 "2019-12-11T02:29:14Z")\
**Posts on this page:** 18\
**Page:** 1

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**Author:** ![mrkool44](https://leasehackr.b-cdn.net/letter_avatar/mrkool44/32/5_5575768a8748004e209b776fc1b2916d.png) [@mrkool44](https://forum.leasehackr.com/u/mrkool44)\
**Post date:** [December 11, 2019, 2:29am UTC](https://forum.leasehackr.com/t/2020-rx350l-how-can-we-do-better/207825/1 "2019-12-11T02:29:14Z")

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2020 RX 350 L

MSRP 57,895  
DISC 6,874 (11.9% discount)  
PRICE 51,021  
REBATE 1,500  
FINAL PRICE 49,521  
DEALER FEE 85  
TAX 116.25  
NONTAX FEES 610.75  
NET PRICE 51,128.00

27 mo / 10k

$494/month + tax.  
$2,000 due at signing

How can I do better?

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**Author:** ![AB\_hackr](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/ab_hackr/32/20440_2.png) [@AB\_hackr](https://forum.leasehackr.com/u/AB_hackr)\
**Post date:** [December 11, 2019, 2:44am UTC](https://forum.leasehackr.com/t/2020-rx350l-how-can-we-do-better/207825/2 "2019-12-11T02:44:55Z")

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What state are you in? You should ask the dealer about the Money Factor and also post here to get the base rate from Lexus:

> **[2020 Lexus RX Lease Deals and Prices - Page 9](https://forums.edmunds.com/discussion/58251/lexus/rx-350/2020-lexus-rx-lease-deals-and-prices/p9)**
>
> Can I please get the MF/RV/incentives for Zip code : 91764 Vehicle : 2020 Lexus RX350L and RX350? Mil/Year : 10k/27 mo. Mil/Year : 7.5k/27 mo. Thank you!

You shouldn’t put any cash down on the least…just fees and 1st month due at signing…looks like that should be less than the $2,000 currently due at signing.

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**Author:** ![dloco](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/dloco/32/137944_2.png) [@dloco](https://forum.leasehackr.com/u/dloco)\
**Post date:** [December 11, 2019, 2:52am UTC](https://forum.leasehackr.com/t/2020-rx350l-how-can-we-do-better/207825/3 "2019-12-11T02:52:37Z")

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I assume the 2k is first month + acquisition + title/doc/reg ? If so, I think it’s a solid deal.

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<div class="post-metadata">

**Author:** ![mrkool44](https://leasehackr.b-cdn.net/letter_avatar/mrkool44/32/5_5575768a8748004e209b776fc1b2916d.png) [@mrkool44](https://forum.leasehackr.com/u/mrkool44)\
**Post date:** [December 11, 2019, 4:05am UTC](https://forum.leasehackr.com/t/2020-rx350l-how-can-we-do-better/207825/4 "2019-12-11T04:05:13Z")

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> [@AB\_hackr](#):
>
> What state are you in? You should ask the dealer about the Money Factor and also post here to get the base rate from Lexus:
> 
> [2020 Lexus RX Lease Deals and Prices - Page 9 — Car Forums at Edmunds.com](https://forums.edmunds.com/discussion/58251/lexus/rx-350/2020-lexus-rx-lease-deals-and-prices/p9)
> 
> You shouldn’t put any cash down on the least…just fees and 1st month due at signing…looks like that should be less than the $2,000 currently due at signing.

Yes, MF and Res are confirmed.

I’m in CA

$2k is towards inception mostly, but here is the break down:

Net Cap Cost Reduction: $2,186  
Inception Fees: $1,313  
Taxed cash down: $686.74

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<div class="post-metadata">

**Author:** ![mrkool44](https://leasehackr.b-cdn.net/letter_avatar/mrkool44/32/5_5575768a8748004e209b776fc1b2916d.png) [@mrkool44](https://forum.leasehackr.com/u/mrkool44)\
**Post date:** [December 11, 2019, 5:10am UTC](https://forum.leasehackr.com/t/2020-rx350l-how-can-we-do-better/207825/5 "2019-12-11T05:10:07Z")

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> [@dloco](#):
>
> I assume the 2k is first month + acquisition + title/doc/reg ? If so, I think it’s a solid deal.

$2,000 total due at signing. So, that includes all fees.

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<div class="post-metadata">

**Author:** ![dloco](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/dloco/32/137944_2.png) [@dloco](https://forum.leasehackr.com/u/dloco)\
**Post date:** [December 11, 2019, 1:37pm UTC](https://forum.leasehackr.com/t/2020-rx350l-how-can-we-do-better/207825/6 "2019-12-11T13:37:43Z")

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Can you put everything into the leasehackr link? Based on what you provided it looks solid but want to make sure I’m interpreting everything correctly.

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<div class="post-metadata">

**Author:** ![mrkool44](https://leasehackr.b-cdn.net/letter_avatar/mrkool44/32/5_5575768a8748004e209b776fc1b2916d.png) [@mrkool44](https://forum.leasehackr.com/u/mrkool44)\
**Post date:** [December 11, 2019, 4:29pm UTC](https://forum.leasehackr.com/t/2020-rx350l-how-can-we-do-better/207825/7 "2019-12-11T16:29:39Z")

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CA title fee $12  
Dealer Administrative Charge $85  
Electronic Filing Fee $30  
License Fee $333.0  
Tire Fee $8.75  
Transfer Fee $51  
Acquisition Fee $795  
CHP Fee $26  
CA TIF $150  
First Payment $533.04

Grand Total DAS: $2023.79

So, they’re showing $1490 in fees + 1st month. Does that seem normal for CA?

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<div class="post-metadata">

**Author:** ![dloco](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/dloco/32/137944_2.png) [@dloco](https://forum.leasehackr.com/u/dloco)\
**Post date:** [December 11, 2019, 4:33pm UTC](https://forum.leasehackr.com/t/2020-rx350l-how-can-we-do-better/207825/8 "2019-12-11T16:33:21Z")

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Is this for a 27/10 term? If so, I think this is a solid deal

If you are not needing a L, you should look into the Fsport performance at 61k, assuming you can get similar discounting. Your monthly will come out lower because of higher RV.

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<div class="post-metadata">

**Author:** ![Bostoncarconcierge](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/bostoncarconcierge/32/57275_2.png) [@Bostoncarconcierge](https://forum.leasehackr.com/u/Bostoncarconcierge)\
**Post date:** [December 11, 2019, 4:44pm UTC](https://forum.leasehackr.com/t/2020-rx350l-how-can-we-do-better/207825/9 "2019-12-11T16:44:30Z")

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non performance will be even higher (+2 pts on residual)

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<div class="post-metadata">

**Author:** ![mrkool44](https://leasehackr.b-cdn.net/letter_avatar/mrkool44/32/5_5575768a8748004e209b776fc1b2916d.png) [@mrkool44](https://forum.leasehackr.com/u/mrkool44)\
**Post date:** [December 11, 2019, 5:59pm UTC](https://forum.leasehackr.com/t/2020-rx350l-how-can-we-do-better/207825/10 "2019-12-11T17:59:13Z")

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> [@dloco](#):
>
> Can you put everything into the leasehackr link? Based on what you provided it looks solid but want to make sure I’m interpreting everything correctly.

Here is the link: I couldn’t get everything to match up exactly, but here’s a good attempt:

> **[Leasehackr Calculator - Hack your next lease | Leasehackr](https://leasehackr.com/calculator?make=Lexus&miles=10000&msd=0&msrp=57895&sales_price=49521&months=27&mf=.00005&dp=0&dealer_fee=200&acq_fee=795&taxed_inc=0&untaxed_inc=0&rebate=0&resP=63&reg_fee=426&sales_tax=7.75&demo_mileage=0&memo=&acqFee_check=true&monthlyTax_radio=true)**
>
> Score the best deal with real-time lease and finance data on demand and the ultimate lease/finance calculator trusted by America’s expert leasing community.

Below, I’m also attaching the lease breakdown, looks like they’re adding $880 fee after discounting the car, so maybe that’s why the numbers are off slightly.

 ![LEASE%20BREAKDOWN%20DETAIL](https://leasehackr-assets.b-cdn.net/original/3X/d/7/d7dfe4c5f710edf3bb0c259195d6612c5b50bad8.png)

Where can we do better?

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<div class="post-metadata">

**Author:** ![dloco](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/dloco/32/137944_2.png) [@dloco](https://forum.leasehackr.com/u/dloco)\
**Post date:** [December 11, 2019, 6:33pm UTC](https://forum.leasehackr.com/t/2020-rx350l-how-can-we-do-better/207825/11 "2019-12-11T18:33:11Z")

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What is that 2,000 customer cash paid?

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<div class="post-metadata">

**Author:** ![mrkool44](https://leasehackr.b-cdn.net/letter_avatar/mrkool44/32/5_5575768a8748004e209b776fc1b2916d.png) [@mrkool44](https://forum.leasehackr.com/u/mrkool44)\
**Post date:** [December 11, 2019, 7:04pm UTC](https://forum.leasehackr.com/t/2020-rx350l-how-can-we-do-better/207825/13 "2019-12-11T19:04:43Z")

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> [@dloco](#):
>
> What is that 2,000 customer cash paid?

I’m assuming thats the $2000 due at signing. It shows cap cost reduction of $2,186.74.

Can the $1500 rebate be used towards cap cost reduction? If so, looks like they’re using part of that plus my $2k?

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<div class="post-metadata">

**Author:** ![dloco](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/dloco/32/137944_2.png) [@dloco](https://forum.leasehackr.com/u/dloco)\
**Post date:** [December 11, 2019, 7:19pm UTC](https://forum.leasehackr.com/t/2020-rx350l-how-can-we-do-better/207825/14 "2019-12-11T19:19:42Z")

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Yeah so based on what I’m seeing there, it looks like 1,500 is the lease cash rebate than it has you putting down 2K down payment less the tax+dealer fee+title/doc

and the 880 fee is probably 795 acq fee + 85 admin fees

You need to have them clarify on the 2k because if it is indeed downpayment, you do not want that.

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<div class="post-metadata">

**Author:** ![Bostoncarconcierge](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/bostoncarconcierge/32/57275_2.png) [@Bostoncarconcierge](https://forum.leasehackr.com/u/Bostoncarconcierge)\
**Post date:** [December 11, 2019, 7:31pm UTC](https://forum.leasehackr.com/t/2020-rx350l-how-can-we-do-better/207825/15 "2019-12-11T19:31:42Z")

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It’s $2000 total

Inceptions plus net cap are $3500

2000 cash from customer and $1500 rebate

Easy peasy 🍋 squeezy

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<div class="post-metadata">

**Author:** ![dloco](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/dloco/32/137944_2.png) [@dloco](https://forum.leasehackr.com/u/dloco)\
**Post date:** [December 11, 2019, 7:33pm UTC](https://forum.leasehackr.com/t/2020-rx350l-how-can-we-do-better/207825/16 "2019-12-11T19:33:21Z")

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Hehe, I’m over complicating things for no reason ☹ Long day hah

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<div class="post-metadata">

**Author:** ![Bostoncarconcierge](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/bostoncarconcierge/32/57275_2.png) [@Bostoncarconcierge](https://forum.leasehackr.com/u/Bostoncarconcierge)\
**Post date:** [December 11, 2019, 7:34pm UTC](https://forum.leasehackr.com/t/2020-rx350l-how-can-we-do-better/207825/17 "2019-12-11T19:34:21Z")

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You hackrs tend to do that haha

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<div class="post-metadata">

**Author:** ![mrkool44](https://leasehackr.b-cdn.net/letter_avatar/mrkool44/32/5_5575768a8748004e209b776fc1b2916d.png) [@mrkool44](https://forum.leasehackr.com/u/mrkool44)\
**Post date:** [December 11, 2019, 7:49pm UTC](https://forum.leasehackr.com/t/2020-rx350l-how-can-we-do-better/207825/18 "2019-12-11T19:49:04Z")

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> [@Bostoncarconcierge](#):
>
> It’s $2000 total
> 
> Inceptions plus net cap are $3500
> 
> 2000 cash from customer and $1500 rebate
> 
> Easy peasy 🍋 squeezy

So, do u think it’s a good deal for me? would you move ahead with this deal as it stands?

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<div class="post-metadata">

**Author:** ![Mark\_Guzman](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/mark_guzman/32/22434_2.png) [@Mark\_Guzman](https://forum.leasehackr.com/u/Mark_Guzman)\
**Post date:** [December 11, 2019, 7:51pm UTC](https://forum.leasehackr.com/t/2020-rx350l-how-can-we-do-better/207825/19 "2019-12-11T19:51:25Z")

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For SOCAL that is about right. My GS350 F sport MRSP was a bit more and after deep discounts my monthly was about $560 after taxes (with zero down and zero drive offs and 15K miles a year).
