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Prices Paid: Buying & Leasing Experiences Prices Paid & Leasing Experiences Archive Lexus RX 330 Prices Paid and Buying Experience 
3130 messages, Last post on Oct 08, 2008 at 7:33 AM
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Replying to: tampabob (Jul 26, 2007 11:22 am)
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Replying to: tammyl (Jul 26, 2007 5:38 pm) |
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Replying to: tampabob (Jul 26, 2007 11:22 am) You stated that you recently went to a small independent dealer (sells 130 cars/mo) who buys cars at auction and found out they pick up cars every Tuesday/Thursday. I recently posted an on Craiglist for a used Lexus and was contacted by two seperate dealers who claim that they can get these cars $2-4K under what I may get from larger dealers because they get them from Manaheim Auction. There fee is approx $750 plus delivery charge of $250 for the purchased car Can anyone share if a) their past experience of dealing with such individuals/smaller dealers b) can one trust their invoice (of their purchase at the auction) c) Any benefits/risks Thanks
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Replying to: skyrider (Aug 02, 2007 9:47 am) |
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Replying to: kariroma (Jun 02, 2007 9:48 pm) Asked CPO prices locally run around $30-31k (before tax and fees) for 2004 models with 20-30k miles. $33-35k for 2005s. That seems to put the CPO prices within $10k of a brand new 350. Can anyone else comment on this seemingly narrow spread? Are there any guidelines for how negotiable CPO asked prices are? (I've seen suggestions that for new $5000 less than MSRP or up to $2500 below dealer's "invoice.") Any suggestions would be much appreciated. THANKS. For reference: per post #829 from 2008 RX 350 forum, Glendale CA deal price on a new 350 was: 2008 RX 350 FWD Premiuim plus package, navigation system, 18 inch wheels, heated seats with rain sensing wipers, wheel locks, cargo mat, tow prep package. MSRP - $44,306 Dealer Invoice - $39,513 **** PRICE PAID: $38,213 *** Doc prep fee - $55 Sales Tax (CA 8.25%) - $3157 DMV electronic filing fee - $28 License fee - $301 CA tire fee - $8.75 Smog fee - $12 TOTAL OUT THE DOOR - $41,775
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OK, to net out my inquiry: how much lower cost makes it wiser to buy a used vs new? It seems the price difference between buying a certified pre-owned ("CPO") RX330 and a similarly-equipped new 08 RX350 (AWD with Nav and Premium Plus packages)is about $10k. Asked CPO prices locally run around $30-31k (before tax and fees) for 2004 models with 20-30k miles. $33-35k for 2005s. That seems to put the CPO prices within $10k of a brand new 350. Can anyone else comment on this seemingly narrow spread? Are there any guidelines for how negotiable CPO asked prices are? I wanted to buy used CPO, but for $10k more, doesn't it make sense to avoid 4 years of someone else's use? HOW MUCH MAKES USED CPO WORTH THE LOWER COST? $11k? $15k? Any advice/experiences would be much appreciated. THANKS.
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Replying to: lexusrxsearch (Aug 09, 2007 6:20 am) (is this 350 fwd with premium+, nav, performance, towing prep and heated seats w/ rs options?) thanks!
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Replying to: robinhan (Aug 23, 2007 7:47 am) ------------ For reference: per post #829 from 2008 RX 350 forum, Glendale CA deal price on a new 350 was: 2008 RX 350 FWD Premiuim plus package, navigation system, 18 inch wheels, heated seats with rain sensing wipers, wheel locks, cargo mat, tow prep package. MSRP - $44,306 Dealer Invoice - $39,513 **** PRICE PAID: $38,213 *** -------------- The main diff (besides being in a different market) is that car was FWD. East coast AWD seems to be around $40.8k with Premium and Nav -- which ought to be your target price. I was able to do slightly better $40.7k before tax and prep from Prestige Lexus in Ramsey, NJ. Ask for the Lamb. |
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Replying to: lexusrxsearch (Aug 13, 2007 7:00 pm) Someone mentioned that brand new 07s are going for 1500 under invoice. If invoice incl destination is 38500, that would be 38.5 OTD price. Does it make any sense at all to pay 34-35K for a used 2005 AWD NAVI with reasonable 20-30K mi if, when tried hard, may still be able to get into a brand new one for only 3-4 more grand!?
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