Signed: Lexus RX350 with 12% dealer discount

Signed Deals & Tips
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1

Signed on the 29th.
Emailed 3 dealers. 1 was only giving 7% off. Another lagged with response. 3rd agreed right away and we signed same day.

MSRP 52,995

dealer discount 12%

7.5k miles 36 months
residual 63%
MF: 0.00232
Add in 9 multiple security deposits to drop MF to 0.00160

Incentives $2000
Lexus loyalty $500

Acq fee $795
Dealer doc fee $85
DMV $650
Tax rate 9.5%
Excellent credit

Payment was $537 per month with 9.5% tax. Zero drive off aside from the MSDs.

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Hi, please explain what this “Add in 9 multiple security deposits” means.
I need to make a decision on whether to Purchase my End of Lease 2021 RX for 28K (have about 18.000 miles) or somehow use the price spread against current market to negotiate a new Lease.
Thanks in advance

3

Certain leasing companies allow you to give them multiple security deposits (MSD) at lease inception in exchange for a lowered money factor (interest rate). You get the MSD back at lease end

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4

RX holds value really well. You might have some equity there.

5

And Toyota/Lexus and Infiniti offer higher value (also Nissan OnePay) compared to Volvo/Nissan (regular lease).

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6

Outstanding discount on what looks like a base trim judging by RV.

Congrats and thanks for sharing!

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