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Lexus RX 330 Prices Paid and Buying Experience - READ ONLY

3130 messages,  Last post on Oct 08, 2008 at 6:33 AM

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What is this discussion about? Lexus RX 330, Car Buying, SUV


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#2623 of 3130
Re: New RX [footwood] by highlander7
Dec 28, 2005 (2:52 pm)

Replying to: footwood (Dec 28, 2005 12:39 pm)

footwood,
 
My wife purchased from Cherry Hill Lexus in South Jersey. Catena can beat this price. Calculate the invoice and make them an offer $300.00 under or whatever number you feel is fair? and see what they say. This is a good time to buy a RX.
 
2006 RX330 9424A
4dr SUV AWD (3.3L 6cyl 5A)
 
Crystal White
Ivory Leather
Bird's Eye Maple wood trim

Navigation System / Mark Levinson Package
Heated Seats, Rain Sensitive Wipers, Headlight Washers
18x 7 18" Wheels with 235/55R18 M & S Tires Towing Prep Package
Cargo Mat
Wheel Locks

M.S.R.P. $46,688.00
 
Price Paid $41,852.00 (tax, tags, fees not included)
#2624 of 3130
Re: New RX [footwood] by armandodeluna
Dec 28, 2005 (3:05 pm)

Replying to: footwood (Dec 28, 2005 12:39 pm)

footwood, i'm going on sat. I have scheduled a test drive on one. I'm too hoping to get a good quote and possibly walk out with the papers signed. let me know how it went for you. Good Luck.
armando.
#2625 of 3130
New RX 330-Black Onyx! by tazimi
Dec 28, 2005 (9:20 pm)
Woot!!! I said I would and I did!!! I just purchased from McGrath Lexus in IL. Good time to buy a RX.
  
2006 RX330 AWD
 
Black Onyx
Black interior w/wood trim
 
Navigation System / Mark Levinson Package
Rear entertainment center, Heated Seats, Rain Sensitive Wipers, Headlight Washers
18x 7 18" Wheels with 235/55R18 M & S Tires Towing Prep Package
Cargo Mat
Wheel Locks
 
M.S.R.P. $48,539
  
Price Paid $42,009.00 (tax, title, license not included)
 
I think I got a great deal!!! Internet sales staff was great and they took good care of me...Got the tour of the place, nice presentation and friendly staff! Highly recommend the Lexus experience! Now when I hear that commercial I don't have to dream about owning one anymore!!!
 
Best to go in w/everything prepared, read, read, read...the internet is your friend...
#2626 of 3130
Ray Catena Monmouth by footwood
Dec 29, 2005 (7:46 am)
Armando I def will let you know how I did.
 
The one thinng I have a problem with is that Ray catena will not quote any prices over the internet. They said to get there mopst agressive pricing I need to go in. I am a little concerned because I will not be able to run any deal by anyone on the board. Is this normal? I guess I should just print out the invoice prices on all options and bring it with me. then do as highlander suggested and offer a little below invoice. Ray catena did say they would accept any reasonable offer that was made on one.
 
Thanks for all the advice I will let you guys know how I did.
#2627 of 3130
Re: Ray Catena Monmouth [footwood] by armandodeluna
Dec 29, 2005 (10:10 am)

Replying to: footwood (Dec 29, 2005 7:46 am)

footwood, i spoke to a sales rep (rep2) and i was given a msrp. it was pretty competative to what another rep (rep1)quoted me after hagling. rep2 said he "could squeeze the manager for something better". rep1 is asking for the opportunity to beet what is out there.
let me know if you want the msrp i was given as a starting point.
armando
#2628 of 3130
Re: Ray Catena Monmouth [armandodeluna] by footwood
Dec 29, 2005 (2:10 pm)

Replying to: armandodeluna (Dec 29, 2005 10:10 am)

Armondo,
 
They said that they could not guarantee any vehicle would be in stock when I got there tomorrow unless I put down a deposit.
 
Looks like the going prices people are getting them for is below invoice so I will try for that
#2629 of 3130
Re: Ray Catena Monmouth [armandodeluna] by footwood
Dec 29, 2005 (2:25 pm)

Replying to: armandodeluna (Dec 29, 2005 10:10 am)

Any info would be greatly appreciated.
 
Is that a MSRP or there initial offer ie. TMV price
#2630 of 3130
Re: Ray Catena Monmouth [footwood] by highlander7
Dec 29, 2005 (8:04 pm)

Replying to: footwood (Dec 29, 2005 7:46 am)

footwood,
 
tazimi on post #2625 is buying at $6500.00 under the MSRP of $48539.00. That is a great deal. That calculates to 86.5% of sticker, usually 88 - 90% of MSRP is not a bad price. I did 89.6% on a factory order in early November, purchased December 23rd and was satisfied, today I would be asking for a better price.
 
So go for at least 88%, more if you feel lucky. This is the end of the month, December to Remember for 2005 is over very soon.
 
Example: If you are looking at a RX with a MSRP of $45753.00 offer them $40200.00. (about 88%) If this is the vehicle you want, be ready to say I will buy today if you will sell me this vehicle for $40200.00. Do not be intimidated, let them know you have done your homework and that this is a reasonable offer. Set a target price you would be satisfied with, if they hit it go for it. Good Luck!
#2631 of 3130
Re: Ray Catena Monmouth [footwood] by armandodeluna
Dec 29, 2005 (9:21 pm)

Replying to: footwood (Dec 29, 2005 2:25 pm)

footwood, i was told 41500.00 and that was negotiable. this was fully equiped. all the bells and whistles.
armando
#2632 of 3130
Re: Ray Catena Monmouth [highlander7] by tazimi
Dec 29, 2005 (9:42 pm)

Replying to: highlander7 (Dec 29, 2005 8:04 pm)

footwood,
 
I definitely agree with highlander7, you should be able to get a good price. I researched these forums before I did anything. I used the request a quote function from all the dealerships in my area. After I got all my quotes I kept using the lowest ones against each dealership. I wanted to avoid going down to a dealership, because I know the excitement of owning my car would have just made me say yes to anything...the emails started on the 22nd and finally got my best deal yesterday. While searching the forums, the lowest price I saw for the car w/the same specs as mine was $42,279, so I just went with that. They told me they couldn't go that low, but I said then I will go to the other dealership and thanks for entertaining my offer. Sorry we couldn't make the deal, but I really want this car before the end of the year. For some odd reason, they always seemed to call me back, saying our Sales Mgr will go down to a lower price.
 
Of course I think it will help when you get down to the dealership and show that you are serious, but I at least had some type of connection with someone at the dealership before I got there. Being young, it's a lil intimidating playing on their turf, so I wanted to try and get some edge...plus I hate haggling for hrs on end...rather do it thru phone or internet. It also helped that I had my financing in place. I got a handy tip from someone that if you have a Costco membership or can get an account # from someone who does, you can get financing thru CapitalOne, with a .5% discount. I applied online and same day got a approved 5.3%. They mailed the check in 2 days. It helped that I told them that I had financing in place and was ready to buy before the end of the year.
 
When I got down to the dealership, I brought a folder of invoices, I printed out several financing rates for several different amounts, so that I could tell if the numbers were correct (more on this later), I brought a copy of what I posted on these forums...my intention if need be was to tell them, the internet can transmit positive or negative feedback rather quickly. Many people read forums, and as you can see I do post on the Lexus forums...if I have a positive experience, I will definitely post my positive response, if I have a negative experience, well, I will have to just give my opinion. I also told the Sales Manager if you can get me my price, I will definitely give a positive Customer Service survey, which will undoubtedly be sent to me after my purchase...believe it or not, I think they really depend on these surveys...
 
By all means go for the lowest price, I was at invoice and got it down some more when I got there. It helped that you can flash the financing check to show that you are ready to buy today...would they want to let a sale walk out the door, just a couple of days before the year ends??? They have quotas to meet, they may need to get their quotas or they may want to set a better one. They will go down, and for God Sakes, if they don't...have the stomach to walk out and not worry about it...don't impulse buy...that's the hardest part of the whole bargaining...it's an ego thing, if you walk out, you may feel that you failed, but I bet they will call you back the next day...Rememeber, they are a big Corporation, that can afford to sell a car at invoice or below, you don't want to line their pockets with your hard earned money...every car they sell you know they are getting something, whether it is the Holdback, or getting more cars for the next quarter since they had a great one this time...
 
Sorry, I've been doing so much research that it is all spilling out in this one post...I apologize for my rant...but I love my Lexus now that I am done with the hard part!

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