Lexus RC350 & RCF Forum banner
1 - 20 of 21 Posts

·
Registered
Joined
·
4 Posts
Discussion Starter · #1 ·
Hello all,

I'm looking to lease a rc350 F sport RWD with an MSRP of 51,577.

10k miles a year
36 months
0 down

Excellent credit.

The best quote I received was 562 a month.

Does this sound like a good deal?
 

·
Registered
Joined
·
2 Posts
Several things you must remember on any lease including your quote is the mileage restrictions, 30,000 miles for a three year lease is a low mileage lease. The average person usually will put 12,000 a year which means that you would go over roughly 6,000 at lease end and unless you roll into another lease you will be charge for excessive mileage which is in your lease paperwork. The dealership is required by law to show you the interest rate just like any other purchase and the rate should reflect a low rate since you have excellent credit. Is all service of the vehicle included in the lease? Leasing vehicles are fine if you like to drive a new vehicle every three years and if the monthly payment isn't an issue then by all means go for it.
 

·
Registered
Joined
·
4 Posts
Discussion Starter · #4 ·
Several things you must remember on any lease including your quote is the mileage restrictions, 30,000 miles for a three year lease is a low mileage lease. The average person usually will put 12,000 a year which means that you would go over roughly 6,000 at lease end and unless you roll into another lease you will be charge for excessive mileage which is in your lease paperwork. The dealership is required by law to show you the interest rate just like any other purchase and the rate should reflect a low rate since you have excellent credit. Is all service of the vehicle included in the lease? Leasing vehicles are fine if you like to drive a new vehicle every three years and if the monthly payment isn't an issue then by all means go for it.
Thanks for the reply! Yes, definitely thinking of getting the 12k a year. They said it would only make the payment go up about 15 dollars. They're saying they used a residual of 64% and money factor of 0.0009.
 

·
Registered
Joined
·
75 Posts
I do not think this is the greatest deal you could get, you could probably get it for 520 w/ 12k miles. Something like that especially if this lexus dealership has a large inventory. I was in a rush, naive, and just did it. I enjoy the car, but am bitter about trusting a dealership that I have done business with 6 other cars... never ever trust a dealer -_-. haha but again enjoying the car
 

·
Registered
Joined
·
1,404 Posts
Thanks for the reply! Yes, definitely thinking of getting the 12k a year. They said it would only make the payment go up about 15 dollars. They're saying they used a residual of 64% and money factor of 0.0009.
That's the best thing to do, last thing you want to be is that guy who parks up his leased vehicle because mileage has been racked up too soon.

 

·
Registered
Joined
·
4 Posts
Discussion Starter · #9 ·
I do not think this is the greatest deal you could get, you could probably get it for 520 w/ 12k miles. Something like that especially if this lexus dealership has a large inventory. I was in a rush, naive, and just did it. I enjoy the car, but am bitter about trusting a dealership that I have done business with 6 other cars... never ever trust a dealer -_-. haha but again enjoying the car
They have me at $576 for 36 months 12k miles a year with 0$ down. They have discounted the car nearly $4800. Selling price is 46,800 plus taxes and fees.

Residual is supposed to be 64% and money factor 0.0009.

Can someone check to see if that all adds up?
 

·
Registered
Joined
·
3 Posts
Hi, I am currently trying to work on almost an identical deal. Same exact car I have tier 1 credit 790. I'm looking for 3yrs 10k miles and 0 down but the best deal I have been offered so far was 600 a month at the Orlando dealer. Many people on this forum seem to have gotten much better deals, yours is much better as well. When you say 0 down, are you saying literally nothing out of pocket? That's how my deal was set up for taxes and all fees to be included with the monthly payment. Thanks for the help in advance.
 

·
Registered
Joined
·
75 Posts
Nova which dealership are you at Lindsay or Pohanka? and Adham they could do a little more, you should IMO just ask for 540-550 w/ the 12k or 562 for 2 years. Wish you had another dealer to go to
 

·
Registered
Joined
·
3 Posts
I believe it's just called lexus of Orlando. I'm in Florida I have one in tampa and several in Miami which I visit often. So I'm calling all of them to try and get the price as low as possible but no one seems to come close to the deals you guys are getting.
 

·
Registered
Joined
·
75 Posts
I believe it's just called lexus of Orlando. I'm in Florida I have one in tampa and several in Miami which I visit often. So I'm calling all of them to try and get the price as low as possible but no one seems to come close to the deals you guys are getting.
eh don't worry my deal was crap but i still enjoy the car. IMO, over the phone gives you the lowest percent chance of getting a good deal. Going in, showing a interest and then bargaining is your best chance. If you are no where near the price you have mentioned to them (reasonable price of course, 6-7k seems like the largest discount) without anything, then just tell them, Thank you and leave. More than likely, they will call you up saying hey this is the best deal i can get you. Go to other dealerships, you have a car, you are not in a rush :). Enjoy the time before car payments, but more than anything enjoy your car 100% :)
 

·
Registered
Joined
·
3 Posts
Thanks for your time, I agree with you on the phone deals not being that great. You mentioned a great approach so I may just have to go and visit them in person. At least knowing the deals you guys got I have a better idea of the possibilities. Thanks again for your time!
 

·
Registered
Joined
·
75 Posts
No problem. Again I got the worst deal I believe hahaha x.x my car's msrp was 54, but adding certain things brought it up to 56k (maintenance) and then i put 3k down, 12k a year, 667 ish... again I got wrecked but hey its all about gaining experience, making mistakes and learning from it and of course the greatest takeaway is enjoying the car for the duration.
 

·
Registered
Joined
·
14 Posts
apparently the RC350 was hot during the time i bought it..

so i got quote 2500
560 with wear and tear protection.
15k/36month.
all they gave me was two keychain lol. Regardless. still love the car.
 

·
Registered
Joined
·
1,404 Posts
Too bad they don't include more, like a shirt, mug, etc. Small cost to them but things like that go a long way. Unless they figured not many folks want that stuff.
 

·
Registered
Joined
·
2 Posts
Does anyone know of any good lease deals in the NY area? I would lease a 2015 left-over RC-350 if any are available. The most important feature would be AWD. I dont want to put any money down aside from the first month and dmv fees and would take 7500 miles. Any help would be greatly appreciated.
 

·
Registered
Joined
·
5 Posts
No problem. Again I got the worst deal I believe hahaha x.x my car's msrp was 54, but adding certain things brought it up to 56k (maintenance) and then i put 3k down, 12k a year, 667 ish... again I got wrecked but hey its all about gaining experience, making mistakes and learning from it and of course the greatest takeaway is enjoying the car for the duration.
Do you drive the RC350 or RCF?
 

·
Registered
Joined
·
5 Posts
Does anyone know of any good lease deals in the NY area? I would lease a 2015 left-over RC-350 if any are available. The most important feature would be AWD. I dont want to put any money down aside from the first month and dmv fees and would take 7500 miles. Any help would be greatly appreciated.
if you're on LI - lexus of massapequa - 0 down, 580/mo, 10k mi (including tire/rim package and lease wear and tear package).
2015 rc350 f sport awd, usb 2.0
 
1 - 20 of 21 Posts
Top