I’m being quoted by dealer the above deal. I’m fine with the discount 4K and rebate 2900. By my calculation and the link above, I’m at a lower payment than the dealer is quoting. I looked at their deal sheet and the basics match , residual , mf , selling price , rebate. I’m trying to find the difference but no clear answer. I feel they are adding in some fee or taxes that either I can’t see or they not showing me.
If I capitalize half the inception fees. I’m right at the 420/mo based on my calculations.
First time doing Lexus lease , any ideas what it could be. I know there’s something not adding up. Does Lexus use rebates differently than other manufacturers? I’m use to BMW and they use rebates as cap cost reduction.
Dealer fee is 1298? is this SFL. never seen that high , usually 999. This deal is lukewarm. I would use a broker. Search here and you’ll find the deals currently being offered on NX’s thru brokers. I will be in the market soon once I offload an RX350 lease and have already decided to hire a broker here.
I will not shop SFL dealers myself. Brokers here are doing 11% off NX F Sport with much higher MSRP ex 46k plus and still at sub 400 payment with 12/36 and dealer fees are all hundreds less than FL dealers charge.
Dealer fees are 799 for doc processing. 499 electronic filing.
All BS I know.
Only reason entertaining is that will be getting a nice windfall from selling current lease to car max. Inventory is tight.
The discount is about 9.6%. Plus 2900 rebate. All that is ok with me but the discrepancy in payment is what is concerning. With all fees up front payment should be around $375. With all fees capped $450.
They are calculating 420 with fees upfront. So I need to understand that part.
I used a broker for another car on order but I really don’t want to deal with the shipping hassle for 1-1.5% more discount. Plus the their fee.
Understood! I totally forgot about that electronic fee lol. Hopefully someone can clear up the discrepancies with the calculator and what your dealer is charging.
