Lease or Finance a Lexus RC? - Lexus RC350 & RCF Forum
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post #1 of 14 Old 10-22-2014, 12:54 PM Thread Starter
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Lease or Finance a Lexus RC?

Are you leasing or financing and why?



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post #2 of 14 Old 10-22-2014, 01:23 PM
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I'm leaning towards buying. I don't like that I don't get to own the car in the end with a lease. I would consider it just to keep my options open, but I've always thought that buying makes more sense.



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post #3 of 14 Old 10-22-2014, 03:00 PM
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you can still buy the car back at the end of the lease term for the residual if you really wanted to. It does help to keep your car costs down over time. Regardless the question is challenging as we're still without pricing!!!
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post #4 of 14 Old 10-23-2014, 01:03 PM
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It shouldn't be too much longer from now that we see what financing and leasing rate is going to be like but at least pricing on the models are out now, for the RC350 and it's F-Sport version.
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post #5 of 14 Old 11-10-2014, 03:00 PM
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I am negotiating a lease with a dealer in California for a RC 350 F Sport. They offered the following: 36 months, 10k/year, 65% residual, .002 MF.

I am concerned that the MF is way too high. My score is almost at 700. Is this a normal rate for Tier 2 credit?
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post #6 of 14 Old 11-10-2014, 11:16 PM
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Originally Posted by thinkwell View Post
I am negotiating a lease with a dealer in California for a RC 350 F Sport. They offered the following: 36 months, 10k/year, 65% residual, .002 MF.

I am concerned that the MF is way too high. My score is almost at 700. Is this a normal rate for Tier 2 credit?
Does anyone know the current money factor offered by Lexus USA? My thought is that .002 MF is inflated a bit to pad the dealer's margins. That said, a high MF out of the gate is common on new vehicles.
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post #7 of 14 Old 11-11-2014, 11:16 AM
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What is MF?
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post #8 of 14 Old 11-11-2014, 03:07 PM
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What is MF?
MF stands for Money factor, or the interest rate for a lease. You simply multiply it by 2400 to obtain the interest rate.

For example a MF of .0009 x 2400 = 2.16% interest.
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post #9 of 14 Old 11-11-2014, 07:55 PM
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I think I will wait a couple years for a certified RC and buy for a lease price. Used coupes are not an easy sell.
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post #10 of 14 Old 11-12-2014, 02:19 PM
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4.8% does not seem awful for what the offer is, not to mention the timing of negotiation...
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