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Lexus GX 470 Prices Paid and Buying Experience

1074 messages,  Last post on Oct 06, 2008 at 3:12 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Lexus GX 470, SUV


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#1052 of 1074
Re: 08 GX470 Good Deal? [louiesmom] by quaker09
Apr 16, 2008 (12:46 pm)
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Replying to: louiesmom (Apr 16, 2008 10:49 am)

What is the interest rate?
#1053 of 1074
Re: 08 GX470 Good Deal? [quaker09] by louiesmom
Apr 16, 2008 (8:06 pm)
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Replying to: quaker09 (Apr 16, 2008 12:46 pm)

5.6%
#1054 of 1074
Re: 08 GX470 Good Deal? [louiesmom] by quaker09
Apr 16, 2008 (8:11 pm)
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Replying to: louiesmom (Apr 16, 2008 8:06 pm)

Can you reasonably afford $600 a month? If you can, then go for it, but if you have any doubts, I would not. I think the interest rate is a bit high and that coupled with the state of the economy, I probably wouldn't do that. However, as I stated, leasing a car, especially a car such as this is a bad idea - even if the economy was doing awesome.
#1056 of 1074
Re: 08 GX470 Good Deal? [quaker09] by louiesmom
Apr 18, 2008 (7:51 pm)
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Replying to: quaker09 (Apr 16, 2008 8:11 pm)

I actually can afford $600/month, but I did have a bad feeling about the deal so, I scratched it. I haggled with another dealer for the same car, same neg price of $45K and, got a much better result.
Total out of pocket due at signing is $2087. Interest rate comes out to 3.84%.
Much better deal.....
#1057 of 1074
Low financing and best car prices.. is this seasonal? by mattiefeb
May 16, 2008 (9:58 am)
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This is going to sound elementary. My lease is up in September and I was told that if I was buying/leaing a new LX470 that I should shop in September, because that is when the new models come out. I was told that Lexus best finance rates and car sale deals going on right now, are for their pre owned cars, because they are trying to get rid of inventory to make space for the new models coming out. Is there any truth this rumor? I am not adverse to buying a slightly used (maybe 10-20k mileage) Lexus if it is a super bargain, even if I have to do it a few months before my lease is up...expecially if the deal is that much sweeter. If I wait till September will I get a terrible deal if I choose to get one that is pre owned? Does anyone know how prices/rates are effected by the season? Thanks! Mattie
#1058 of 1074
Beginning to look by emilieh
May 19, 2008 (1:53 pm)
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Hello to everyone. Would like some help in finding a target price to go for. I am looking at the base GX 470. I do not need the Nav or Entertainment System.
 
We only have one dealer in our area. Would any one let me know a general $ amount to expect off the MSRP.
 
Thanks in advance.
#1061 of 1074
Know It All's by lgarnes
Jun 04, 2008 (5:26 pm)
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I'm not naming anyone in general , I happen to sell Lexus and when someone says "you should be able to buy it at $200 above invoice with freebies" I simply think it's absurd. You are talking about a $50,000 truck. Prices are set by the MARKET , markets vary by region. If you are the only dealer within 300 miles then of course you don't have to discount your car to the extent that dealerships with more competition do. Don't take the word of people on this board as the gospel. To ask someone "is this a good deal?" can be a bad Idea because it could give you unrealistic expectations. Now all of a sudden If you can't negotiate your way to $200 above invoice you feel like a loser or you feel your salesman is a jerk. The best way to do it honestly is to get numbers from the 3 closest dealers IN YOUR AREA and go from there , Buy from the dealer and salesperson which you feel was the most honest and gave you the best service if the prices were competative. I can tell you of a competing dealer in my area that sell cars for less than I do. I can also tell you that after you buy the car you are on your own because when it comes to follow up and service they aren't the best. I hope the $7 a month was worth it.

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