My Take: RX350 is looks pretty good for a 08 model. The residual is still much higher than expected and the residual has dropped a bit (sitting at around 2% APR). Fairly competitive with financing deals going on right now. Leasing an SUV is not a bad idea if you consider the fact that the residual values are fixed for the duration of your lease. If gas prices go up, you don’t have to worry about your SUV losing its value because it you can just return it at the end of the lease! Isn’t that great? If gas prices stay low, then driving a SUV won’t hurt as much. Looks like a win-win situation to me. Another thing to note…even though the RX seems to be cheaper to lease than the RDX, the RDX has cash rebates (which will lower the price significantly) and it comes pretty well equipped as a base model. That’s not the case with the RX350. Of course, the RDX is a 4-cyl Turbo, while the RX350 is a V6. If you don’t like the raspy-ness of a 4cyl Turbo, then the RX is probably what you want.

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			At Invoice		At MSRP
Make/Model	Invoice	MSRP	24-month	36-month	24-month	36-month
09 Lexus RX350 2WD	$33,864	$38,165	$521	$435	$703	$558

NOTE: Estimates assuming the following conditions:

• Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
• Local Taxes not included.
• 24-month/15k and 36-month/15k terms.
• All cars are stock, without any options.

2009 Lexus RX350 December Lebase money factors

2009 Lexus RX350 2WD
24-month | 15k miles | residual 59% | .00085 base money factor
36-month | 15k miles | residual 52% | .00085 base money factor
48-month | 15k miles | residual 41% | .00085 base money factor

2009 Lexus RX350 2WD w/RSE
24-month | 15k miles | residual 57% | .00085 base money factor
36-month | 15k miles | residual 50% | .00085 base money factor
48-month | 15k miles | residual 39% | .00085 base money factor

2009 Lexus RX350 AWD
24-month | 15k miles | residual 59% | .00085 base money factor
36-month | 15k miles | residual 52% | .00085 base money factor
48-month | 15k miles | residual 42% | .00085 base money factor

2009 Lexus RX350 w/ RSE AWD
24-month | 15k miles | residual 57% | .00085 base money factor
36-month | 15k miles | residual 50% | .00085 base money factor
48-month | 15k miles | residual 40% | .00085 base money factor

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2009 Lexus RX350 2WD
24 Month – Residual 61% of MSRP – .00135 Base Rate
36 Month – Residual 54% of MSRP – .00135 Base Rate
48 Month – Residual 43% of MSRP – .00135 Base Rate
60 Month – Residual 35% of MSRP – .00245 Base Rate

2009 Lexus RX350 2WD w/RSE
24 Month – Residual 59% of MSRP – .00135 Base Rate
36 Month – Residual 52% of MSRP – .00135 Base Rate
48 Month – Residual 41% of MSRP – .00135 Base Rate
60 Month – Residual 33% of MSRP – .00245 Base Rate

2009 Lexus RX350 AWD
24 Month – Residual 61% of MSRP – .00135 Base Rate
36 Month – Residual 54% of MSRP – .00135 Base Rate
48 Month – Residual 44% of MSRP – .00135 Base Rate
60 Month – Residual 36% of MSRP – .00245 Base Rate

2009 Lexus RX350 w/ RSE AWD
24 Month – Residual 59% of MSRP – .00135 Base Rate
36 Month – Residual 52% of MSRP – .00135 Base Rate
48 Month – Residual 42% of MSRP – .00135 Base Rate
60 Month – Residual 34% of MSRP – .00245 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: The MF is not too bad, but it seems to be the Infiniti EX35 is a better deal right now. The RX350 has been one of the most popular crossovers (if not the most) for quite some time. It’s magnificently egg-shaped styling allows plenty of cargo space and luxury that is unparalleled. With that said, I don’t think I’d ever get one, not very fond of it the “egg-shaped” styling even though it’s functional.