Lexus NX300 F-sport Lease question

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1

Hi Everyone,

This is my first post on Leasehackr and wanted to get your thoughts on my lease situation. My current lease is expiring at the end of May - it’s a Lexus ES 350. My preference is to lease another Lexus, preferably the NX300 F-Sport or MBZ GLC300. The focus on this post will be on the NX 300. After doing some homework, I got the following information from Edmunds:

  • NX 300 F-Sport

  • 36months/12K

  • Preferably only drive off (taxes, fees, title registration) and no MSD’s

  • Excellent credit

  • MSRP on the model I want is $44,608 (from Edmunds)

  • Edmunds Suggested Price $38,443 (pre-rebates)

  • .00020 MF (from Edmunds forum for May and my zip)

  • 56% residual (from Edmunds forum for May and my zip)

  • Other rebates is $1,250 lease cash and $1,000 loyalty

When I plug this information into the calculator, I get a monthly post-tax payment of ~$381 a month with a drive off of $1.1K - see link below:

First, I’d like to confirm if I’ve inputted everything properly. I’ve been starting to reach out to dealers to get quotes, they’ve naturally been quoting numbers much higher. Given all the inputs above were from , should it be fairly “easy” to get them to this price. All the inputs are from publicly available sources, so I’d think there’s nothing controversial there. And is there room for improvement?

Lastly, my current Lexus has a scratch on the side bumper (larger than a credit card). Due to the current situation, I’m unable to get AutoVin to inspect my car, so I’d be turning my car in blindly. Can I use that as a bargaining chip for them to waive any damage fees? I was told from a few friends I could, but I figured I’d ask the hackers since you may be more familiar. I live in the SoCal area as well, if that makes a difference.

Any help is greatly appreciated.

Thanks.

2

First of all, thank you for doing your research prior to making your first post. You definitely appear to have done your homework.

Your calculator looks reasonable to me. You .gov fees will likely end up higher than $400 by $1-200, but that’ll be vehicle specific.

I have heard of banks giving more leeway on condition due to inspections, however, I doubt there is a specific policy regarding that. If we’re talking one, not huge scratch, and you’re leasing a new lexus… I doubt you’ll have much issue.

3

Haven’t followed Lexus that closely recently, but I don’t think 13.8% is easy to get. You’ll have to work to find someone willing to go that deep.

You can also contact @legendsauto or @LeaseHero. They are 2 brokers in SoCal that I’ve seen do Lexus deals.

4

Thanks for the tag Jon but definitely not doing that deal.

5

Yeah I imagine the NX is a hot seller, likely won’t find a dealer willing to go that deep, and even if you do it would be a one off.

I have 2 coworkers that showed up to work in brand new ones and I’m sure they got completely hosed.