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Discussion Starter · #1 ·
First RC lease special, now posted on the Lexus website. Anyone know the money factor and/or the residual?

LEASE 2015 RC350

$599 / month for 27 months.
$2,449 due at signing.

Excludes official fees, taxes and dealer charges. No security deposit required. 10,000 mile/year limit.

*Available on approved credit to very well qualified customers through Lexus Financial Services and participating Lexus dealers on a new 2015 RC 350. Not all customers will qualify. Offer based on MSRP of $48,380 including delivery, processing and handling. Monthly payment may vary depending on final price of vehicle & your qualifications. You pay $0.25 per mile over 10,000 per year. See dealer for vehicle and lease program details. Must take delivery by 1/5/2015.

This offer is available in TX, OK, LA, AR, MS, TN, AL, GA, FL, SC, NC.
 

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PS to OLT: there is a third option, and it is the least expensive method of buying a car: paying cash for it. The Lessor is buying the car from Lexus, letting you use it for a fee, then selling it on the market 5 or six years down the road, and is making a lot of money on that three step deal. Buying the car yourself, driving it as much or as little as you want, and selling it whenever you want just cuts out the middleman and puts all of his profit into your pocket. Works for me. I just bought an RC350 last Friday, and the dealer still takes regular money.
 

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Discussion Starter · #4 ·
PS to OLT: there is a third option, and it is the least expensive method of buying a car: paying cash for it. The Lessor is buying the car from Lexus, letting you use it for a fee, then selling it on the market 5 or six years down the road, and is making a lot of money on that three step deal. Buying the car yourself, driving it as much or as little as you want, and selling it whenever you want just cuts out the middleman and puts all of his profit into your pocket. Works for me. I just bought an RC350 last Friday, and the dealer still takes regular money.


That is certainly a better option for some folks out there.


In my case, I prefer to keep my cash in rental properties, so it wouldn't make any sense for me to pay cash for the RC, when I could be using that cash to generate a positive return elsewhere.
 

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Paying cash for things you have the option to making payments over time is not a good idea when you have a credit rating you want to further boost or maintain with some even more great activity. Then of course there is Marcy's way of doing it which works even better :D
 

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i was going to pay cash but they suggested a lease ................

my lease is ,after the complaint i filed ,( see new member intro )
$24,661 up front payment (before complain it was 26,661)
36 months
15k miles per year
free service up to 15 k

residual $34,383.plus tax so --36.618

total if i buy $26,661 +36,618= $63,279

vs list of $ 55,000 plus stealer charges $1,300 plus tax $3659=. = $ 59,959.

or against me of ($ 3,320.)

therefore , i am paying an extra 3,320 plus added dealer profits and zero discount which would have reduced this to around a gross to me of est. $6,000.

leasing is always a bad deal and this is why stealers push it .

and before you sign any leases read line F RENT here they hide added profits.
 

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i was going to pay cash but they suggested a lease ................

my lease is ,after the complaint i filed ,( see new member intro )
$24,661 up front payment (before complain it was 26,661)
36 months
15k miles per year
free service up to 15 k

residual $34,383.plus tax so --36.618

total if i buy $26,661 +36,618= $63,279

vs list of $ 55,000 plus stealer charges $1,300 plus tax $3659=. = $ 59,959.

or against me of ($ 3,320.)

therefore , i am paying an extra 3,320 plus added dealer profits and zero discount which would have reduced this to around a gross to me of est. $6,000.

leasing is always a bad deal and this is why stealers push it .

and before you sign any leases read line F RENT here they hide added profits.
thanks for posting about this
it really helps to find out all you need to and to go to a dealer with a good reputation.
 

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hmmm doesnt seem that bad because after said and doen is around 18k. I would much rather save that and buy something to keep rather than having to fork out almost 20k to rent it for just over 2 months.
 

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hmmm doesnt seem that bad because after said and doen is around 18k. I would much rather save that and buy something to keep rather than having to fork out almost 20k to rent it for just over 2 months.
Good point, I have always financed my vehicles and never leased before, i heard there are many pro's and con's to it
it sure helps to find out all of that.
 

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the one advantage to a lease is that if something goes wrong or you do not like it after a while you can take it in

also ,and few now this ,if you take it to car max they may get you out of the lease and buy you out .at any time and also .before you return it is also a good idea to see them
 
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