Last post on Oct 08, 2008 at 6:33 AM
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Lexus RX 330, Car Buying, SUV
#1814 of 3130 Re: multiple security deposits (msd) [howard2]
Feb 02, 2005 (9:24 am)
I paid two additional security deposits on the lease of my 2005 RX 330 (through Lexus Financial Services), which amounted to $1000. It lowered the money factor by .0002 and lowered my payment about $14/mo (including tax). If I had used the $1000 as a cap cost reduction instead, the payments would have been reduced by about $32/mo again, including tax).
By paying $18/mo more ($648 over 36 payments) I get $1000 returned to me that I otherwise would not have at lease-end. That works out to be a pretty good return on my $18/mo investment!
#1815 of 3130 Re: multiple security deposits (msd) [howard2]
Feb 02, 2005 (11:16 am)
Also, I think this is more of a financing details issue than a negotiating issue. It should be totally up to you as to how you handle it. Good luck!
#1816 of 3130 Good Deal in Northwest
Feb 02, 2005 (10:55 pm)
Thanks to this board and doing some homework I successfully picked up my '05 RX330 over the holidays in Portland.
I was ready to purchase in California and had a great deal lined up at Longo (about $37,700 including shipped to Portland). At the last minute they inexplicablly doubled the shipping cost and got cold feet. Left me with a bad taste.
I successfully made the deal here in Portland before the end of the Lexus December event. BTW had a great experience with Lexus of Riverside internet dept -- they didn't have many of the AWD's at the time, but were way cool to talk with. BTW, I tried, but just no way around the Calif sales tax or I would have picked up in Calif and saved almost another 1K.
By leveraging the SoCal dealers I was able to get a good local deal on the AWD (w/o Nav or DVD)
MSRP: $42483 ($37213 invoice + $465 ad fees = $37,678)
Paid: $38,000 + $218 for oregon title/license (no sales tax in Oregon)
One oddity was that I could get 3.73% financing with Lexus in Calif, but the best here in Oregon for Lexus top tier credit was ~4.75% (my credit union was about a half point cheaper until I could refinance with even cheaper home equity)
Hope this helps those frustrated in the NWest. The key was I was ready to buy in SoCal and ship to the NWest. Work through the phones and the GM/Sales Manager level only if you can. The local dealers don't want to lose business and have you telling all your friends to buy out of state.
Not sure how much the DTR event and end of the year helped my cause, but it probably didn't hurt.
#1817 of 3130 No Mark Levinson in the NY?
Feb 04, 2005 (8:22 am)
I heard from more than one dealer that Mark Levinson sound systems are not available in NY and maybe the NE? Why is this?
#1819 of 3130 Re: CA Area 2005 RX330 AWD Price Paid [sdsf501]
Feb 05, 2005 (1:57 pm)
This site is very valuable. I am setting out in So Cal to lease a 2005 Rx330 w/Navi and Performance. I have been hearing about price going up and blah blah blah. Can anyone provide specific info to who, where and how much I should expect to pay? I got a quote for $39500 on it in Carlsbad. I want to keep my lease payment to about $450-$475 w/$2k down. Is this realistic or should I give up the Navi?
#1820 of 3130 Re: CA Area 2005 RX330 AWD Price Paid [fhfchef]
Feb 05, 2005 (2:25 pm)
Check with the Internet Sales group at Lexus of Riverside. That quote you have sounds pretty good with Nav and Performance though.
#1821 of 3130 Re: CA Area 2005 RX330 AWD Price Paid [briegel]
Feb 06, 2005 (5:37 pm)
I had the funniest experience with a dealership. I was quoted a rock bottom price of $39500 on the car above. I had edmunds request an internet quote through the same dealership and they quoted $38500 for the same car without ever meeting me. So much for rock bottom price. Salesmen certainly live up to their reputation. I will try Riverside. Thanks.
#1822 of 3130 Re: CA Area 2005 RX330 AWD Price Paid [fhfchef]
Feb 06, 2005 (11:53 pm)
fhfchef -- funny story.
The whole system is so antiquated its comical.
Why anyone sets foot in a showroom other than to test drive the cars to begin the process and sign the papers to finish a deal is beyond me. Luxury dealers aren't much different than traditional dealers -- the commission structure is setup basically the same way.
My theory is that most people probably let their guards down at the luxury dealers (figuring they are better to act rich and not quibble over a grand or two let alone a few hundred measely dollars)
Invoices in hand, working the phones from the comfort of your own office/home at the mgmt level and also the internet departments is so much more effective. Once you want to buy you control everything in the process.
#1823 of 3130 RX 330 FWD (no navi) Price in SoCal
Feb 09, 2005 (5:17 pm)
I got a quote through a car broker my friend recommended. They quoted me $38,800 out the door here in SoCal. Is this a good deal? It's hard for me to tell because the dealers have been quoting me the price before TT+L.