Re: How do I negotiate lease and know if dealer's offer is a good deal?

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How do I negotiate lease and know if dealer's offer is a good deal?

Dejola

26 May 2007 16:34

I am in the market to lease a 2007 Lexus RX400h. As configured on the
Lexus website the car has an MSRP of $49,866. That includes the base
MSRP of $42,580, the delivery, processing, and handling fee ofr $715,
and the selected package of $6,571.

This will be a 24 month lease with 30,000 miles a year built-in. In
other words I put 30K a year on the car. I know that will cost me more
than the usual allowed miles of 15,000. I also know that a 24 month
lease is not the most economical, but that is what my employer wants.

I'm hoping that among those Lexus owners/drivers out there in this
group there will be one or more who have this leasing thing down pat
and can advise me what would be a reasonable amount to pay monthly. I
expect to pay $5,000 as the drive-off or up front amount. So, can any
kind smart soul inform me what monthly amount I should hold out for as
I consider as many as four dealer proposals?

Thanks very, very much.

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