Went this weekend to Lexus with no intent on leasing. Just browsing color options while I considered the NX vs Rav4.
Not much negotiation, I was taken aback by their offer and went forward with it. I was in and out in less than 2hrs. I couldn’t get the calc to work but these are my numbers.
MSRP 40743
Gross Cap Cost 36420.49
Cap Cost Reduction 2668.98
Adjusted Cap Cost 33751.51
Residual 22816.08
Depreciation 10935.43
Rent Charge 20.52
Total of Base Monthly Payment 304.33
Monthly Sales Tax 19.78
Total Monthly 324.11
Amount due at signing:
- Cap Cost Reduction: 2668.98
- First Month: 324.11
- Refundable Security Deposit: 3300
- Reg Fee: 203.04
- Tax On Cap Cost Reduction: 173.48
- Upfront Tax on Fees: 0.39
- Total $6670
- -3000 Rebates
- = 3300MSD, 1st Month, and some change ($45.89).
So total: $324.11 with tax/mo, $45.89, 3300MSD. 36/12
I got new plates and they said they ate some of that cost, not sure if it’s reflected here.
Without MSD I believe it was around $370ish but we decided to do MSD.
Wear and Tear was +$25/mo but I declined.
This is in Florida and when I asked if they could replicate the deal they said yes. I can put you in contact with the sales person if interested.
Hopefully I did well, even though I can’t get the calc to fit.