I am 28 months into a 36 month lease on a 2010 Rx. My dealer is offering a comparable 2012 with the same lease payment and nothing down. Should I do it or wait to the end of the lease and hope I can get a 2013 with the same payment at the end of the 36 months. I am running about 3000 under on miles.

 

Chances are you won't be getting a 2013 w/ the same deal. You need to decide if the extra money out of pocket for the 2013 facelift is worth it.

 

MARQEVANS, do you like your '10? The '12 will be very similar with the clock reset on the warranty/mileage. But the '13s are hitting the dealers in a month. Lexus may have special lease rates on them as soon as August or during December to Remember. Lately they have offered deals outside of these times. If money is the main issue, you're probably be better off going with the '12. I doubt you'll get the same payments on the '13.

 

sales are way down for Lexus and I think anyone looking for 2013 should wait a few months and I am sure the discounts will follow to get the sales quotas for the year.

 

Must not be down enough, bc Lexus raised the invoice price on all 2012's delivered to the dealer after feb 2012 by about 1500 depending on what options you get.

 

Depending on the model you are interested in, the 2013 prices are going up between about $300 and $700 on the base price. This probably will not have a big effect on leases. Since we don't know anything about your lease or the current lease subsidies, it is tough to estimate what might happen to you in the future. You might want to ask yourself if you were going to buy out the lease at the end; in which case you might not want to sacrifice any equity you have built up. In the end, I don't think you can lose either way. The 2012's look just as good as the 2013's and the other changes on the car are minimal.

 

We got a 2012 450h for the same lease payment as we had with a 2010 350. Both leases no money down. We did get $1500 conquest cash because our other vehicle is a MB.

 

Wow What a deal! My dealers lot has 450h's all at list prices averaging $12,000 higher than the 350's. what area if the country are you in?

 

Costco price and car delivered to dealer before INVOICE price increase.

http://townhall-talk.edmunds.com/dir.../.f0cbfbf/4802

"Lexus made a INVOICE price increase on all cars invoiced sometime during that monthFeb). It was a big one too.

So, it's important for those still trying to buy, to see the actual MSRP sticker, and see when that car was invoiced to the dealer. Get the date. If it is a newer invoice, the discounting will not be what many others here have received. You might notice that most of those great deals, where on cars that were invoiced prior to this increase.

This increase means that the mark up from actual invoice to MSRP is much less than previous. Thus, less discounting will be had. And, Lexus Corp also changed the dealer holdback amount...and this will affect the amounts of discounts.

The problems you might be having with your Houston dealers is they have mostly newer invoiced RX's on the lot now.

This increase by Toyota/Lexus Corp, and others, was done to try to keep the retail prices from going up on their cars too much, and scaring away we buyers. By doing this of course, the sales people and the dealers are left with much less to work with.

Best I can figure is that cars made/invoiced in Feb sometime, have about 9.5 % max markup. And we don't know yet how the holdback has changed. "