Lease RX350
Thread Starter
Driver School Candidate
Joined: Sep 2017
Posts: 4
Likes: 0
From: Ontario
Lease RX350
Hello)
I am planning on leasing a 2017 RX350 in the next month or so.
Lexus Canada is offering a 4,000 delivery credit on remaining 2017's.
How much of a discount on a base model is it realistic to get?
My local dealer told me he can do about 3,000 off MSRP, and that was up front without any negotiations.
Should I shop around or would you say it is a good deal?
How much did you get yours for ?
I am planning on leasing a 2017 RX350 in the next month or so.
Lexus Canada is offering a 4,000 delivery credit on remaining 2017's.
How much of a discount on a base model is it realistic to get?
My local dealer told me he can do about 3,000 off MSRP, and that was up front without any negotiations.
Should I shop around or would you say it is a good deal?
How much did you get yours for ?
Racer
Joined: Apr 2016
Posts: 1,387
Likes: 349
From: ON
It all depends on the dealer, their inventory, sales for the month, year, and just how bad the General manager wants to move them. The best deal is probably the vehicle on their lot. It is very difficult to compare to the prices our US friends are paying and their discounts.
There is always room but when leasing they can put some hidden costs into the mix. Just make sure that you are well aware of the residual, any security deposit you may be using and how that gets applied at the end of the lease. Mileage/year, return condition, interest on the lease.
How does a delivery credit get applied ? If they are offering you $7,000 off 4+3 without any sit down lets put it on paper negotiations I suspect there is a bit more room. Get their best offer, on paper, change the monthly payment to some other lower number...say $60 per month (addition off) and see what they say. Residual stays the same, term stays the same, Kilometers/year stay the same... $60x39 payments is another $2340 off ....Use any amount you want 60, 80, 100....you'll soon find out if they can do it when you say thank you, and walk out the door!
There is always room but when leasing they can put some hidden costs into the mix. Just make sure that you are well aware of the residual, any security deposit you may be using and how that gets applied at the end of the lease. Mileage/year, return condition, interest on the lease.
How does a delivery credit get applied ? If they are offering you $7,000 off 4+3 without any sit down lets put it on paper negotiations I suspect there is a bit more room. Get their best offer, on paper, change the monthly payment to some other lower number...say $60 per month (addition off) and see what they say. Residual stays the same, term stays the same, Kilometers/year stay the same... $60x39 payments is another $2340 off ....Use any amount you want 60, 80, 100....you'll soon find out if they can do it when you say thank you, and walk out the door!
Thread Starter
Driver School Candidate
Joined: Sep 2017
Posts: 4
Likes: 0
From: Ontario
It all depends on the dealer, their inventory, sales for the month, year, and just how bad the General manager wants to move them. The best deal is probably the vehicle on their lot. It is very difficult to compare to the prices our US friends are paying and their discounts.
There is always room but when leasing they can put some hidden costs into the mix. Just make sure that you are well aware of the residual, any security deposit you may be using and how that gets applied at the end of the lease. Mileage/year, return condition, interest on the lease.
How does a delivery credit get applied ? If they are offering you $7,000 off 4+3 without any sit down lets put it on paper negotiations I suspect there is a bit more room. Get their best offer, on paper, change the monthly payment to some other lower number...say $60 per month (addition off) and see what they say. Residual stays the same, term stays the same, Kilometers/year stay the same... $60x39 payments is another $2340 off ....Use any amount you want 60, 80, 100....you'll soon find out if they can do it when you say thank you, and walk out the door!
There is always room but when leasing they can put some hidden costs into the mix. Just make sure that you are well aware of the residual, any security deposit you may be using and how that gets applied at the end of the lease. Mileage/year, return condition, interest on the lease.
How does a delivery credit get applied ? If they are offering you $7,000 off 4+3 without any sit down lets put it on paper negotiations I suspect there is a bit more room. Get their best offer, on paper, change the monthly payment to some other lower number...say $60 per month (addition off) and see what they say. Residual stays the same, term stays the same, Kilometers/year stay the same... $60x39 payments is another $2340 off ....Use any amount you want 60, 80, 100....you'll soon find out if they can do it when you say thank you, and walk out the door!
Racer
Joined: Apr 2016
Posts: 1,387
Likes: 349
From: ON
Nice, so it's not some credit that has strings attached...
I would go see the General Manager and work on a price. You will soon know if it's the best price they can do ....Don't be afraid to walk out the door...If they let you walk , you're probably close. They do need to make something to pay staff and keep the lights on....and today, the Air Conditioning! Dang it's hot today 32 right now...bet it's the same in your City as well.
I would go see the General Manager and work on a price. You will soon know if it's the best price they can do ....Don't be afraid to walk out the door...If they let you walk , you're probably close. They do need to make something to pay staff and keep the lights on....and today, the Air Conditioning! Dang it's hot today 32 right now...bet it's the same in your City as well.
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