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Lexus GX 470 Prices Paid and Buying Experience

1114 messages, Last post on Sep 11, 2009 at 12:11 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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So I looked at Edmunds for the price on a new GX470 in the SF bay area. The TMV comes to about $42680, but the dealer says that their invoice price is $47615. What Edm fails to count is the 1 Dealer advertising cost $714 2 Dealer hold back $952 3 Financial reserve/floor cost $476 Then there is the Accessories package, lexus link, Mark Levingston/Navigation package, rear seat/A/C, Towing prep, Preffered Accessories pkg, that EDM does not include in their base pricing. I say that is a VERY bad practice on their part as it provides mis-information to the consumer.
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Replying to: dollar_savvy (Mar 16, 2009 9:15 am) I used the edmunds site as a guideline for my 08 GX470 last Sept/Oct. It provided me with a good idea what others paid, and what kind of $$ they left on the table. This is not a time to be timid with the dealers, you have to remind them that they need you more than you need them. Remember to seek the incentives of other autos in the GX's class and use that to show that better deals exist. I used the Acura and the Mercedes deals. For ~43k it better have the 3rd row seats, NAV, MarkLevsn audio, Wheel locks. This car doesn't sell itself and you need to remind the sales folks of that fact. There's a way they can beat that 47k price. This was my first Lexus and I am very happy with it. |
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Replying to: dollar_savvy (Mar 16, 2009 9:15 am) Dealers should make money but not by lying about those garbage fees. |
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Looking to buy a 2009 GX - anyone aware of any incentives out there re: APR or cash back? Car Man- what is the current money factor and residual (12K/year and 15k/year) if you know? Thanks!
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Replying to: samfields (Apr 12, 2009 1:59 pm)
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Fleetrates is a scam. These guys are not endorsed by or approved by ANY automotive factory. These guys broker a deal from a dealer to the customer at a healthy profit. The customer can ALWAYS purchase the vehicle directly from the dealer at a lower price. There are also some credit card "irregularities" by the sales people which is now under investigation by the Florida attorney general. Fleetrates is nothing more than a boiler room under the direction of one DJ Ceresa, a rather unsavory character. YOU HAVE BEEN WARNED. |
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Replying to: lastlaflar (Apr 20, 2009 4:33 am) Thx |
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There seems no action here on this forum. Did this foru move else wher without my knowing? carman/dkyfdx? knock, knock... Any one with purchase history on 2009 GX470 in the greater SF Bay Area, feel free to jump in...
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Replying to: ba_musket (Aug 12, 2009 3:20 pm) |
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