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Prices Paid: Buying & Leasing Experiences Lexus GX 470 Prices Paid and Buying Experience
1114 messages, Last post on Sep 11, 2009 at 12:11 PM
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I just bought my wife a fully loaded GX. The whole experience was pathetic. A real joke. These dealers and salese guys are the most unscupulous Jerk***s on the planet. Not that we all didn't already know that. The facts are that both this site and CR have the most accurate data on car invoices (I think CR is spot on). These guys would look you in the eye and say the data was wrong and they were losing money on any car sold for less than $48.5 down to $48.2 I got one quote for $47.7 that I was using as my benchmark and (oddly) no other dealer in New England would touch it. I was starting to think that a grand over invoice would be my best deal (my car's total invoice was $46,650). Then when I returned to that dealer they would not honor the price saying that there was an incentive going on in March that allowed them to sell the car "at a loss" so they could make it back on the incentive. And at $47.7 they were losing too much money and wouldn't sell the car. What a load of crap. The lousy sales guy never even mentioned that to me. You would think they teach the 'fear of loss' technique in sales 101. Anyway, I had a trump card in my pocket that I finally busted out. A friend used to work at another dealer and called over there explaining the story to the GM. He handed me the phone and in 5 seconds the guys says "I have the color you want and will gladly sell it for 47,700. Done deal. And while I am certain I could have held out a bit longer and got a much better price I had to pull the trigger cause my wife (a sales guys best ally) has been bustin my chops for 2 months to buy the car. If any of you are in the market to buy the car remember 2 things: -Gas is going to $3.50 and then some this summer (I'm an energy analyst) and these guys won't be moving any units at all. You'll easily get invoice. - Don't let these clowns tell you they are losing money on a car. Even at invoice these dirtbags are making a killing with all the manufacturer incentives. The two biggest dealers in Boston are Ernie Boch and Herb Chambers. It is widely known that these guys are BILLIONAIRES. Not millionaires. You don't need to work in capital markets to know that you can't make a billion selling product at 'a loss'. Good luck and thanks to all that helped me. This board is very helpful. Go Redsox. |
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| Looking for a 2006 GX in NYC area with Nav, DVD, Spoiler, 3rd Row, Preferred Accessory, Hitch Bracket - MSRP $54,803. Should I be expecting to get this at invoice or a bit more than invoice. Invoice is $47,133. The prices people have reported back in December seem pretty good. Can't believe that with gas prices above $3, that they are moving a lot of these trucks. Thanks! | |
| Got a great deal; 06GX, ash blue mica, with Nav/Levinson, DVD, 3rd row, tow-hitch, spoilers, pref. accessory package - $47.3K. Got it at stevenscreek. | |
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Looking for a loaded GX in Miami Metro area. Nav, DVD, 3rd Row. Color needs are a bit specific (light or white). Given that the 07's are getting pretty close (Aug?) should what is reasonable to expect? |
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I am trying to decide between Q7 and GX. If I wait for a year, will I get a newly designed GX? The current one looks outdated already (small LCD for example).
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Replying to: hikers (Jul 20, 2006 11:38 am) |
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Replying to: hikers (Jul 20, 2006 11:38 am) |
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Thanks to everyone for their help. I just bought a new 2006 GX470 yesterday. I got the vehicle with navigation, third row seat, tow hitch, towiing prep package, rear spoiler, cargo tray, preferred acc package and exhaust tip for $45,600 + taxes/fees. About $1300 below invoice from what I calculated. The negotiation was pretty straightforward as I had another quote for $1000 below invoice. I decided to not wait for the 2007 given that the differences aren't that significant and the price would be much closer to MSRP (at least at the time of introduction). |
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Replying to: rg6 (Aug 28, 2006 9:39 am) Did you just walk into the dealer with your price? Who did you negotiate with? How tough was it? You said negotiatioin was pretty straightforward but can you give a little more information? I'd love to get the same deal. |
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Replying to: rg6 (Aug 28, 2006 9:39 am)
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