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

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

David Z27 May 2007 20:14
> 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
[quoted text clipped - 5 lines]
> 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 once had an employer offer to pay for me to lease a car.  At the time,
I owned a 1997 ES and was very happy with it.  The only way I could get
the "benefit" was if I leased a car.

So, I found a guy (in the phone book) that offered to buy my car and
lease it back to me.  That way, my employer paid the lease payments.  It
was a great deal.  They bought my 1997 ES for $27,000 in 1999.  I bought
the car back 3 years later for about $15,000.

What are the parameters/constraints of your employer's offer to pay for
your lease?

Dejola26 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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