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Lexus GX 470 Prices Paid and Buying Experience

1118 messages,  Last post on Dec 04, 2009 at 12:33 PM

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What is this discussion about? Lexus GX 470, SUV

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#10 of 1118 GX470 vs. XC90 by bjoye Sep 19, 2003 (12:59 pm)
zelda, what did you think of the comparison between the two when you drove them? I was not very excited by the Volvo. It was fine all around, nothing really to complain about too much, it just didn't do anything special for me as far as ride, power, interior, etc... I think it's attractive, but nothing like the GX. For reliability, prestige, and even value in this case, I like the GX. I'm in Greensboro and plan to go by the Kernersville Lexus dealership soon, I'll let you know what I can get on the GX.
#11 of 1118 thanks to bjoye by zelda3 Sep 20, 2003 (5:32 am)
bjoye:   Thanks for the input. Please do let me know how you do at the Kernersville Lexus dealership as I had already thought about driving out there to look there and see about their pricing, stock.
#12 of 1118 Price difference by andrewtran71 Sep 20, 2003 (12:24 pm)
Always interesting to see the discount price differences in certain regions. My first thought of getting $5K off MSRP on the 2004 GX is, "Wow! Is that even possible?" Now by the middle of the year and especially by August-September of 2004, I have no doubt the discounts will be $5K to even $7K. If I can only get $1K-$2K off MSRP, I would probably buy the 2004 MDX with side curtain air bags for all three rows since I can get $1-2K off MSRP on that, and basically pay $10K less. But I would definitely wait until the end of the year and get the $6-7K off MSRP on the GX.
#13 of 1118 Pricing on 2003 GX470 by thanhple Sep 20, 2003 (11:05 pm)
I was offered a price of $50,200 for a fully loaded (Nav/DVD/Third row/Tow/Lexus link/...)2003 GX470 including the gold package. Is that a good deal? They ask for a finance rate of 3.99%.
#14 of 1118 Pricing on 2003 GX470 by thanhple by andrewtran71 Sep 21, 2003 (3:41 am)
That's a terrible deal. Seems like they offered you only $3K off MSRP. At this time during the year, you should get at least $5K off MSRP on a 2003 GX. If you work harder, you may get $5.5K to $6K off. Keep in mind that for the GX you mentioned, the mark-up is about $8-9K above invoice.
#15 of 1118 Pricing on 2003 GX470 by thanhple by andrewtran71 Sep 21, 2003 (12:42 pm)
OH, by the way, you can get 3.69% financing from Capitol One (advertised on Edmunds.com). I've used them before.
#16 of 1118 Pricing on 2003 GX470 by thanhple Sep 21, 2003 (2:59 pm)
MSRP on that car is 53950 (TMV is 52254). The gold package is about $600 plus installation. So I figured I got almost 5K off of the deal. You still don't think it's good? I offered them 49K, and they didn't even want to budge. I've tried to offer that amount to two different dealerships already.
#17 of 1118 thanhlple deal by tony50 Sep 21, 2003 (5:56 pm)
In which city/area do you live? Are there other Lexus dealerships a couple of hours driving time away? As we approach the end of a fiscal quarter and if a relatively large dealership is close to making his quota, the dealership is much more willing to bargain and secure his bonus. Maybe the one you are dealing with is nowhere close or already has made his numbers and is not in the "mood" to deal. Call around for quotes from bigger dealerships not in the local area. A two or three hour drive seems worth a thousand bucks or two?
#18 of 1118 Getting the best price for a 2004 GXl by redhawk2 Sep 21, 2003 (7:26 pm)
The absolute best way to get the largest discount of MSRP on an 04 GX (or 03) is "Do Not Talk to a Salesman"!!! Talk to the fleet manager by going through an Auto Buying Service or Club such as Costco or AAA. I have done it for the last six cars I have purchased and have save "thousands" on each purchase!
#19 of 1118 Deal on 2003 GX470 by thanhple Sep 21, 2003 (7:42 pm)
I live in Bellevue, Washington state. The two dealers I'm dealing with are the two biggest in my state. I've gone through Costco and AAA programs, and their prices are even worse than my own deals. I've checked around with other GX owners that I know, and they all paid much higher than this. If you know anywhere else that offer better deal I'm willing to try out. Thanks so much for your help. Replies to this message: steve_spiegel (Sep 06, 2007 9:26 am) vinnybonzo (Sep 16, 2007 3:33 pm) steve_spiegel (Sep 16, 2007 5:23 pm) and 4 more... amysmith (Oct 14, 2008 10:01 am)

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