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Leasing Factors For 400h


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Moved to this forum on recommendation from poster.

My son wants to lease a Lexus RX400h and I am the designated negotiator. I went into a local dealer on East Coast and was quoted lease factor of .00165 and residual of 56% for 36 month/12000 mile lease. A few questions. Is this correct information? He will be leasing the car on West Coast. Any recommendations of dealers in Marin county and what would I expect dealer with best price to lease for OVER invoice? Has anyone seen any $1000 over invoice deals?

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I picked up a RX400h with Premium plus, Nav/ML sound, etc. for 0.00165, 58%/12k miles, 36 months yesterday in the Greater Los Angeles area. I came in around $2000 over invoice for the color combination I wanted. Some dealers are really interested to sell from their inventory during december, so if your son is flexible regarding color you should be able to negotiate a better sales price than me.

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