Honesty Car - California Sept Lexus New Special Lease! NorCal & SoCal

Hello fellow leasehackrs,

Please see below for some of our leasing deals on Lexus for August. We also have more options available, please PM or reply in this thread for more information.

Socal:

2020 Lexus UX200
MSRP: $34,xxx
Monthly Payment: $309+ Tax with Loyalty incentive included
Drive-Off Amount: $2,000
Months: 36
Annual Mileage: 10,000
Residual: 53%


2020 Lexus UX250h
MSRP: $36,xxx
Monthly Payment: $319+ Tax with Loyalty incentive included
Drive-Off Amount: $2,000
Months: 36
Annual Mileage: 10,000
Residual: 55%


2021 Lexus NX300
MSRP: $39,xxx
Monthly Payment: $354+ Tax with Loyalty incentive included
Drive-Off Amount: $2,000
Months: 36
Annual Mileage: 10,000
Residual: 58%


2021 Lexus NX300H
MSRP: $45,xxx
Monthly Payment: $415+ Tax with Loyalty incentive included
Drive-Off Amount: $2,000
Months: 36
Annual Mileage: 10,000
Residual: 60%


2020 Lexus IS300
MSRP: $40,xxx
Monthly Payment: $299+ Tax with Loyalty incentive included
Drive-Off Amount: $2,000
Months: 36
Annual Mileage: 10,000
Residual: 51%


2020 Lexus RX350
MSRP: $47,xxx
Monthly Payment: $439+ Tax with Loyalty incentive included
Drive-Off Amount: $2,000
$0 DAS also available with $510 + tax a month after Loyalty incentive.
Months: 36
Annual Mileage: 10,000
Residual: 56%


2020 Lexus RX450H
MSRP: $56,xxx
Monthly Payment: $509+ Tax with Loyalty incentive included
Drive-Off Amount: $2,000
Months: 36
Annual Mileage: 10,000
Residual: 56%


2020 Lexus GX460
MSRP: $58,xxx
Monthly Payment: $525+ Tax with Loyalty incentive included
Drive-Off Amount: $2,000
Months: 36
Annual Mileage: 10,000
Residual: 61%


2020 Lexus ES350
MSRP: $43,xxx
Monthly Payment: $400+ Tax with Loyalty incentive included
Drive-Off Amount: $2,000
Months: 36
Annual Mileage: 10,000
Residual: 51%


2020 Lexus ES300h
MSRP: $43,xxx
Monthly Payment: $385+ Tax with Loyalty incentive included
Drive-Off Amount: $2,000
Months: 36
Annual Mileage: 10,000
Residual: 52%


2020 Lexus RC350
MSRP: $56,xxx
Monthly Payment: $599+ Tax with Loyalty incentive included
Drive-Off Amount: $2,000
Months: 36
Annual Mileage: 10,000
Residual: 51%


North Cal:

2020 Lexus UX200
MSRP: $35,xxx
Monthly Payment: $309+ Tax with Loyalty incentive included
Drive-Off Amount: $2,000
$0 DAS also available with $465 + tax a month after Loyalty incentive.
Months: 36
Annual Mileage: 10,000
Residual: 52%


2020 Lexus NX300
MSRP: $38,xxx
Monthly Payment: $376+ Tax with Loyalty incentive included
Drive-Off Amount: $2,000
$0 DAS also available with $436 + tax a month after Loyalty incentive.
Months: 36
Annual Mileage: 10,000
Residual: 53%


2020 Lexus RX350
MSRP: $46,xxx
Monthly Payment: $457+ Tax with Loyalty incentive included
Drive-Off Amount: $2,000
$0 DAS also available with $517 + tax a month after Loyalty incentive.
Months: 36
Annual Mileage: 10,000
Residual: 55%


2020 Lexus ES350
MSRP: $41,xxx
Monthly Payment: $357+ Tax with Loyalty incentive included
Drive-Off Amount: $2,000
$0 DAS also available with $417 + tax a month after Loyalty incentive.
Months: 36
Annual Mileage: 10,000
Residual: 52%


2020 Lexus ES350
MSRP: $46,xxx
Monthly Payment: $415+ Tax with Loyalty incentive included
Drive-Off Amount: $2,000
$0 DAS also available with $475 + tax a month after Loyalty incentive.
Months: 36
Annual Mileage: 10,000
Residual: 52%


Looking forward to working with you!

Sincerely,
650-575-7554
Wei

Welcome to the forum. Not trying to be a jerk or anything, but these payments seem higher than the going rate, especially in this forum.

For example in Socal, you have the base RX350 for 2k DAS $450+ tax ,including loyalty.
A lot of brokers have advertised the same MSRP RX for 2k DAS ~395 +, tax including loyalty.

1 Like

To add on this reply, if you go to www.lexus.com, the Lexus National lease Special is as good, if not better than this deal. And the National RX lease ad has about $3,000-$4,000 profit in their deals (I leased one so I know the wiggle room in these deals pretty good).

National lease is $3,999 down+drives, NO loyalty, $409/month for a similar MSRP car. You can get $409/month with $0 DAS if you really work the dealer and depending on how desperate they are since 2021 are coming out. I’m curious if you’re getting any customers from this website. I hope you succeed but with lease postings that are same as the National Lexus ad is going to be to difficult sell on this website. As I said before, a lot of the users here are savvy with the exception of a few noobies.

Total lease cost for the National lease is give or take $19,800. Your total cost of lease for your car including the loyalty cash is $19,700 range if you factor in the $500 broker fee. And as I have stated before, there is at at least $3,000-$4,000 meat in the National lease, especially with the loyalty lease cash.

National offers are a terrible benchmark for leasing, as it takes out registration and other BS sign-on fees. I dont think you are including those in your calculations.

I did. I factored in roughly ~$1,200 for drives…which is what my drives were on a $48,000 RX 350 last lease.

First of all, I don’t make 3k margin like you said. I am not sure if you know how this works. Second, national lease is 4k down + drive off and 419+tax a month. If you factor that 4k into monthly this is equivalent to 535+tax a month + w/e drive offs it may require.
And last, while some of the deals are not satisfying but we do have other competitive offers in the mix. Really the price of the cars are often base on its availability and some other factors as well.

I made a couple of calls today and was offered $4500 off MSRP + $3000 rebate on a new RX 350. Given my effort (nil) I would expect brokers can do better.

Yes, finance is different, but of course we can do better.

updated for Sept program.

NoCal:

2020 NX300H Black/Black
MSRP: $46,495
Monthly: $400 after tax with Loyalty incentive
DAS: $2,000
Terms: 36m/30k

2020 NX300H Silver/Red
MSRP: $45,493
Monthly: $390 after tax with Loyalty incentive
DAS: $2,000
Terms: 36m/30k

UX updated for NorCal.

@HonestyCar - Is this available for out of state ? I am from Seattle.