What are the Lease money factor rates for Southern California
01-17-16, 08:51 PM
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Lead Lap
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What are the Lease money factor rates for Southern California
Hey all,
Please post up what money factor rate you have been offered for your lease deals on the 16' RX. I was in today to look at the new Rx,and I was quoted a money factor of .0023 and I think this is very high. The salesman told me this is the rate from Lexus and they have no control over it and since it's a new model that's why it's so high. True? Thoughts ...
This factors out to about a 5.5% interest rate. On a new car buy I can get a 1.49% from my credit union. I'm shocked at the Lexus lease rate. I'm looking forward to hearing others thoughts and numbers you have been quoted. Thanks!
Please post up what money factor rate you have been offered for your lease deals on the 16' RX. I was in today to look at the new Rx,and I was quoted a money factor of .0023 and I think this is very high. The salesman told me this is the rate from Lexus and they have no control over it and since it's a new model that's why it's so high. True? Thoughts ...
This factors out to about a 5.5% interest rate. On a new car buy I can get a 1.49% from my credit union. I'm shocked at the Lexus lease rate. I'm looking forward to hearing others thoughts and numbers you have been quoted. Thanks!
01-18-16, 02:41 PM
#2
Lead Lap
Wait about 6 months.
01-20-16, 08:32 AM
#4
Driver School Candidate
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