2024 Lexus RZ 450e PREMIUM
MSRP: $56,685
Taxes and Fees due at signing
IF I register in NY with taxes: $486 / mo
IF I register in NJ (no taxes due to ev credit): $402/mo
Money factor: .00063
Residual: $20,286
Is there something I should look out for or does this deal seem too good to be true ?
Seems like a good deal. What is the problem?
validating my thoughts that it seems like a good deal or anything im missing. first time leasing.
Seems like a good deal either way. $400, you cannot lose for a Lexus. Get it.
#djrabbiapproved
Depends on what your priorities are. How important are range, efficiency and charging speed to you?
If this is a car for point A to B duties with home charging available, do it. If you want this for highway crusing and hunt for EA chargers, don’t do it.
Post the calculator for your target deal to compare to
This car not only has bad range, it has slow level 3 charging curve.
Also you can only fast charge it a certain amount of days within a week I think.
If it weren’t for the charging problems it would be a great car.
What in the world? No wonder Lexus is hurting to sell these. I didn’t know this. Glad Audi/MB don’t do this or they wouldn’t be selling either
Don’t they still offer lexus reserve program for their ev?
how slow is level 3 charging. I have a charpoint level 2 50amp charger … it charges in 9-10 hours overnight no ?
For level 2 charging this car is good enough.
Since you have level 2 charger at home, you’ll be fine for your commute n local trip.
Try to push them for the same payment on 27 mos if available in your region on a $62K car, not this stripped down Core. Better yet, see if you can find a 2023 unit (when they all were about 62K+) and steal it.
Seven? Only days ending in a “y”? Where did you get that?
And check with a broker in your area to see what’s possible. @HN308 comes to mind (probably @djrabbi approved).
Google “RZ450e charging limit.”
Basically the car is limited to two low->80% DCFC fast charging sessions per day to protect the battery from overheating.
Also the DCFC charging curve is really bad, and limited to 150kWh in the first place. See this curve:
You’re only gonna get around 150kWh charging if you’re at or below 30% battery. And with this shitty range, especially in NJ winters (forums say 150-160 mile winter range), not exactly a compelling EV option unless it’s a second car/local driving.
There’s a reason why Lexus FS 3 year residual is 39%!
@9benua The Lexus reserve program is indeed available.
@Rqp5013 if you don’t need to go long distances, level two charging is more than enough.
@djrabbi I know, this was actually the very first car I wanted to try hacking, even before signing up for LH. If it wasn’t for EVs, I would probably not be on here and just buy Lexus for life. But EVs negate all the low-effort maintenance advantages of Toyota/Lexus.
After level 2 charging
Useless stats for a daily commuter! How often - if ever - do you need DCFC more than twice daily? This is clearly not a road trip vehicle… but Lexus gives you free ICE vehicle 3x over the life of the lease for those road trips, at least they did for 2023s.
And 39% RV is not exactly all that different from MBZ, Audi, etc real life values after 3 years. Difference being those brands don’t offer about 35% in lease cash but prop up RVs a bit more. Do we care when leasing?
Of course RV matters for leasing, higher RV = lower payments all other factors equal. It is extremely different from other luxury cars, 39% is atrocious.
And whether or not it’s a daily commuter, OP did not specify. Either way you can go on Lexus forums and see many owners were unaware and unhappy with range limitations, charging times/curve, especially if they have winter weather like OP does in NJ.
At $500/month there’s plenty of hackable luxury EVs which doesn’t have all these limitations.
You have a very peculiar way of presenting words and numbers - read twisting - to try to make your point:
claiming that fast charging is limited to whatever number of days per week (at least 7 days and 14 times/wk per your own explanation),
ignoring that OP already has an option for $402/mo calling it a $500/mo,
ignoring ~35% lease cash and completely fixating on the RV (yes, I know how to calculate lease pmts, have known for 30+ yrs) which in this case can get him ~$200/mo pmt in NJ if he finds a 2023 with a somewhat minimal discount on a 62K RZ. Even less with a good discount.
[- quote=“mborelse, post:19, topic:559790”]
At $500/month there’s plenty of hackable luxury EVs which doesn’t have all these limitations.
[/quote]
Plenty? Give us 14 as in your “limited” number from above, OK, 7 will do, one per day of the week. Gotta be current deals though. And try to stick with true luxury SUVs with AWD as OP can save even more on RZ300 while getting better range. Hint: Tesla Y, EQB, XC40, EV6, etc. aren’t luxury.
PS: Didn’t you say that you only hacked your first car months ago upon finding this? Just clarifying…
[quote=“mborelse, post:16, topic:559790”]
this was actually the very first car I wanted to try hacking, even before signing up for LH
[/quote]