Deal check - 2019 RX 350L AWD - 36m 15k

Ask the Hackrs
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My first post. Checking with you experts on this deal that I was offered. Let me know thoughts… Thanks.

Brand New 2019 RX350L AWD 36m/15K lease with $4000 down.
HEATED AND VENTILATED FRONT SEATS
Preferred Accessory Package: Trunk mat, cargo net & wheel locks
TOUCH-FREE POWER REAR DOOR

Year, Make, Model, and Trim: NEW 2019 RX350L AWD
MSRP: $ 51,433
Monthly Payment: $ 515.20 tax and fees included
Drive-Off Amount: $ 4515.20
Months: 36
Annual Mileage: 15K
MF: 0.00001
Residual: 48%
Incentives: $ 4750 Rebate
Region: SouthWest (AZ)

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I am also looking for an RX350 in Phoenix and cannot find a dealer willing to give me anything close to the deals that we are seeing in Southern California.

This is a horrible deal. Even with $0 due at inception, the payment shouldn’t be more than $450.

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$626/month effectively

Seems a bit on the highside.

What’s the selling price before incentives?

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$47,295 Sale price

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If that includes the incentives, looks like they’re charging you $612 premium ($51433-$4750 = $46,683)

Run a calculator and post the link.

This looks like a bad deal.

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I’m 384 sign and drive on my 350 52K MSRP

Where did the 5K in das come in?

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What state are you located?

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Arizona…

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The only thing good about this lease is the MF. This dealer is trying to unload last year’s RX350 and they took exactly nothing out of their pocket to persuade you.

Hire a broker. And please don’t put money down on a lease.