Lexus GX460 lease October

Hi I got this quote today on 2019 Lexus gx. Please advise if this deal is ok or there is more room to negotiate.
MRSP $58,293
Sale price 50,611
Rebate 2000
MF 0.00045
MSD = 6 $3000
0 drive off
Monthly $494 includes tax

Why not just share a link to the calculator instead of screenshots?

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Didn’t know that a link can be established here. Please advise on the deal above
Thank you

Last month had $500 more rebates which may return by December. But it is a good discount before rebates you are getting for a new car. Don’t know the state but if you are in one that refunds partial registration consider 27 months too. That will put you in a better window in two years (around new year).

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Have you compared with what some of the Lexus brokers on here are offering? I recall seeing better numbers on the gx.

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Since that includes taxes and only MSDs at signing, that’s a very strong deal for a $58xxx Lex. It’s not a base car and prob has Prem package among a few other things.

I like that deal

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Thank you all for the input. I have a question in regards to 48 month lease. It will bring the monthly payment over $100 savings per month
Would you recommend 48 month lease ?
Thank you

I dont think so…

12 extra months @ $100 in savings is $1200

Tires and brakes are about that…

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Thank you for the quick response. Savings by switching to 48 months would be over 5k. ( $120 x48 payments). Cost of tires and breaks as you mentioned is ~1k. The savings are substantial but am missing something here. Input is appreciate it
Thanx

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hahaha I cant believe I messed the math up that bad :confused:
Whoa now…Thinking too quickly I’ll admit it :slight_smile:

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Is this based off the calculator numbers? I think you didn’t change the residual value. If you are looking for 48 months you will need to go to edmunds and find out what the RV and MF to input into the calculator.

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Hi
You have a point about the change in the RV ?
I can’t find a way to figure out the RV at 48 mounts. Can some one help to figure out this percentage value RV
Thanx

Head over to Edmunds and ask for the RV/MF/incentives for the lease terms you’re interested in

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for 48 months typically the RV and MF both will change, this is just for ref from back in April

you can ask for current numbers at Edmunds forums

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Thank you.

Nevermind at 48 months RV is 50 %
It make more sense to go with 36

So here is the final deal. leasehackr.com/calculator?make=Lexus&miles=12000&msd=6&msrp=59954&sales_price=52040&months=36&mf=0.00045&dp=0&dealer_fee=670&acq_fee=795&taxed_inc=2000&untaxed_inc=0&rebate=0&resP=59&reg_fee=21&sales_tax=8.265&demo_mileage=0&memo=&zero_driveoff=true&monthlyTax_radio=true

K I don’t feel as crazy

I didn’t think there was any way you could save that kind of dough lol

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Might want to check on how many MSD you can really do with the MF being low to begin with

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You can probably do 5 MSD if the base MF is .00045

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