Year, Make, Model, and Trim: 2021 RX 350 F Sport Handling
MSRP: $ 60,540
Selling Price: $ 53,215
Monthly Payment: $ 630
Drive-Off Amount: $ 630 + Brokers fee
Months: 36
Annual Mileage: 7500
MF: .0004
Residual: 58%
Incentives: 1500 Lease cash
Region: DC area
Leasehackr Score: 9.1
Leasehackr Calculator Link: leasehackr.com/calculator?make=Lexus&miles=7500&msd=0&msrp=60540&sales_price=53215&months=36&mf=.00040&dp=0&dealer_fee=899&acq_fee=795&taxed_inc=1500&untaxed_inc=0&rebate=0&resP=58®_fee=600&sales_tax=8.625&demo_mileage=0&memo=RX%20350%20F%20Sport%20Handling%20AWD&acqFee_check=true&zero_driveoff=true&totalLeaseTax_radio=true&bmw_demo_25=true
Wasn’t thinking of getting a new car at this time but after my son sold his Acura lease for $2900 profit I looked into selling my 2018 350RX F Sport
AlGo made the easiest deal, CarMax was a bit higher but required you to go there for a real value.
9 mos left and almost $4K in profit.
I have been able to make several very good lease deals in the years past. My 2 current leases including the 2018 RX are less than 1% monthly payments (true sign and drives). But this time I was not able to come up with a good deal emailing local and not so local dealers. No one wanted to play ball for a well appointed RX FSport Handling. Mid 7s was the best I heard (without an official offer) for 36 month 7500 miles.
So I contacted several brokers. The equity from the 2018 would easily cover a brokers fee if they could get me a good deal. Several had no cars available at this time.
Lease Companion made this deal and they were pretty easy to work with. The only issue was the car was in the DC area. Decided to use some southwest points and fly to Baltimore then take the train and Metro towards the dealer to pick it up. Did that and drove it home today. Took most of the day but still cheaper and more reliable than using a shipping company.
Both Lease Companion and the dealer were very easy to work with.