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Prices Paid: Buying & Leasing Experiences Prices Paid & Leasing Experiences Archive Lexus LS 400/LS 430 Prices Paid and Buying Experience 
537 messages, Last post on Sep 14, 2008 at 12:48 PM
You are in the Prices Paid & Leasing Experiences Archive Forum. Your Hosts are car_man & kyfdx
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Replying to: rindge (Jan 17, 2007 5:23 am) |
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A friend of mine has been offered a Black 2005 LS 430 with the UltraLux package and 44,700 miles for $41900. It has CPO. The service at this dealership is excellent. Overall, the vehicle is clean in the interior and exterior (without any visible dents or scratches). Is it a good price? Wabends
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Replying to: wabends (Jan 27, 2007 5:21 pm)
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Replying to: rindge (Jan 30, 2007 10:07 am) Wabends |
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Lexus has a special going for CPO cars whereby customers with top tier credit can get financing at 4.99% for up to 48 months and 5.99% for up to 60 months. When I went to a dealership (which shall remain unnamed) to take advantage of this offer,I heard an unusual story. The F&A guy told me that dealerships are supposed to add up to 1% to the advertised Lexus rate because that is the only way they can make money. He was therefore asking 5.99% for up to 36 months and 6.99% for up to 60 months. Of course, I did not accept his story until I get verification. Is this true? My credit rating is in the top tier.
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Replying to: wabends (Feb 11, 2007 11:57 am) The part about that being the only way to make money is baloney.. Assume you are borrowing $30,000, for 60 months... That adds $840 to your deal.. Not a small matter. Did the F&I guy tell you this after you agreed on a price? If so, just go back.. and tell them you will only do the deal at the Lexus advertised rates. Evidently, the sales manager thought he was making a profit, or he wouldn't have agreed to sell you the car for that amount. regards, kyfdx
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Replying to: kyfdx (Feb 11, 2007 8:04 pm) |
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I bought my 2002 LS430 in Nov 2001. The car is equipped with the middle package with includes the Mark Levinson sound system and GPS. The price was the base of just over $54,000 plus about $5 or $6 K for the package. In all the dealer invoice was $8000 lower then the list price. I was able to get the car for $4000 discount off of the list price. But about a month or two later I discovered that some dealers were willing to discount the car by $5000. I still have this car which now has 70K miles on it. The only problem thus far is the CD player just got a problem this week. The CDs cannot be removed nor will it play. It was working fine and when I tried to remove a CD it went through the routine but then hung up. |
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Hi, this board has helped me decide to pursue my dream of owning an LS 430. I started out considering an ES but decided to indulge myself with the best! Does anyone know the current residual value and money factors being used now? I am looking to lease one with the ultra luxury package, probably in the next month or so. I'm thinking a 2 year lease, with 15000 miles. There dont seem to be too many around here in Northern VA, so I may have to look in neighboring states. Thanks for all the great posts and information!
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Replying to: suzq2 (Feb 17, 2007 12:29 pm)
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