Located in GA.
Lexus has a $599/mo lease offer on a Lexus TX 350 which is the Lexus equivalent of the Toyota Grand Highlander with 3 row seating and great cargo space.
Did anyone grab this lease offer? Looks pretty good if legit.
Any recommendations or additional incentives that can be stacked like Costco?
Thanks.
You should probably click Other Details & Disclaimers and read the 4pt font to see how good it isn’t
National ads are rarely ever solid deals. Have you taken a look at the terms, fine print, accounted for amount DAS, no tax, etc?
Just to give you a data point this is what I do in CA, obviously market and incentives can vary greatly so you should get actual dealer offers instead of using a national ad
2024 TX350 Base 2WD
MSRP: $56000
$2000 due at signing
No Broker Fee36/7500 - $625 plus tax
36/10k - $639 plus tax
Holy smokes… Lexus is better than Volvo and Mercedes. Instead of ABA and ADA, you just need a PGA.
I haven’t followed the TX lately but offer doesn’t seem too bad relative to what the broker above provided as a data point. Only $16/month more effective than his before tax from rough math. Negotiate further if you want it.
What is the offer? Your image doesn’t show the actual offer.
Its for a base model with MSRP of $55k which you wont find on dealer lots.
Most are $60k and are VERY base.
What about the other thousands in fees missing from that offer?
For the sake of simplicity and setting aside any add-ons, let’s assume $1K total in doc fees and registration (don’t think Georgia is too crazy on both) which would add $28/month so combined with the $16 from earlier, that’s $44/month more.
Usually national offers on brands are significantly worse than this amount compared to brokers.
That’s neither here nor there. I’m sure Jeff himself will tell you that most Lexuses are not hackable. Whether another dealer is “kinda sorta” presumptively close to an unhacked deal doesn’t make it any more appealing.
Plus acq fee plus the difference in msrp on the unit to make things comparable.
Let’s start with what the advertised deal actually is instead of the clickbait headline fake number in the image since $599/$3999 isn’t what theyre actually advertising.
i dont see anything that stands out as a red flag aside from the Base FWD model not being available and the mileage being only 10k which is expected for low mileage leases.
That’s actually not bad at all.
“Excludes tax, title, license dealer fees AND charges”
So basically it’s a totally made up fake number
Sentence #2, after “security deposit waived”.
The point was that national offers are usually much worse and in my initial response to OP, he should negotiate further if he wanted it. I kept assumptions on factors similar when comparing to Jeff’s data point since his car is basically a base at $56K as well. Since acq fee is not called out separately while others not included are, it’s possible the acq fee is captured in the $3999.
The point was not to argue every fee line item and whether there are differences in MSRP (which happens with deals here too).
Which this made up number falls right into
Seems pretty boiler plate to me.
The extra “and dealer charges” seems particularly ambiguous
