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Lexus GX 470 Prices Paid and Buying Experience

1114 messages,  Last post on Sep 11, 2009 at 12:11 PM

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What is this discussion about? Lexus GX 470, SUV

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#978 of 1114 Re: Quote on 08' GX470. Good Deal? [quaker09] by firstnten Nov 26, 2007 (11:55 am)
Replying to: quaker09 (Nov 25, 2007 5:02 pm) A financial advisor worth his/her salt will take into account the goals of an individual. I usually do not consider leasing vehicles. In fact, I usually purchase low mileage, one or two year lease returns with significant warranty remaining on the vehicle. I have only leased one car during my lifetime, and it made absolute financial sense to do so at the time. A lease allowed me to have a much lower auto payment, which translated to an easier qualification for my first house. I would not have qualified for the home loan with a traditional auto loan payment. I needed to put more money down on a house not a car to lower the auto monthly payment.   Leasing can make financial sense even taking out personal buying patterns for vehicles (i.e. tendency to buy cars every two or three years). Lease support and multiple security deposits can significantly lower the cost of financing - possibly even better than traditional loans. However, zero percent loan options currently in the marketplace (not from Lexus) definitely outperform leases.   Finally, leases can act as a hedge when acquiring a new SUV. With rising gas prices and the trend towards better MPG, today's SUVs have a decent chance of accelerated depreciation similar to the large sedans of the 70s. A lease sets the residual at the beginning of the term, mitigating depreciation risks. If the value at the end of the lease is well below the residual, one can simply turn the car back into the dealer and walk away. If the worst does happens (meaning today’s SUV are yesterdays Oldsmobile), purchasing the car today leaves one in dire shape in the future.
#979 of 1114 Good discussion about leasing... by kyfdx HOST Nov 26, 2007 (12:44 pm)
...unfortunately.. this isn't the place for it..   Let's stay on the specific topic at hand... Other members come here to find out what prices are being paid.. for this particular vehicle...   Thanks! kyfdx
#980 of 1114 East Coast best deals.. by edwardc3000 Nov 28, 2007 (4:55 pm)
I have helped several readers of this forum looking for a great deal on GX or LX via my contact at a NJ based dealer. If you want my contact's info, please send me a note to phula11231 at yahoo.com.   I am not associated with, related to, or othwise employed by this dealer/salesman.   What I did was a LOT of research before buying my Lexus, and am happy to pass my info to other readers of this board.   Happy Holidays   Ed in NJ Replies to this message: svedula (Dec 20, 2007 3:34 am)
#981 of 1114 Re: Quote on 08' GX470. Good Deal? [quaker09] by gjohn10535 Dec 08, 2007 (5:55 pm)
Replying to: quaker09 (Nov 25, 2007 5:02 pm) I traded in a 2006 GS 300 with 12900 miles plus $13,000 on a new load GX 470 with only 2 miles on it. Any thoughts or comments?
#982 of 1114 Was Trade-in A Good Deal on GX 470 by gjohn10535 Dec 08, 2007 (6:06 pm)
I traded in a 2006 GS 300 with 12900 miles plus $13,000 on a new load GX 470 with only 2 miles on it. Any thoughts or comments? was trade Replies to this message: wantrx330 (Dec 10, 2007 3:29 pm) mvpjeffmvp (Dec 10, 2007 5:27 pm) gjohn10535 (Dec 11, 2007 9:24 pm)
#983 of 1114 Re: Was Trade-in A Good Deal on GX 470 [gjohn10535] by wantrx330 Dec 10, 2007 (3:29 pm)
Replying to: gjohn10535 (Dec 08, 2007 6:06 pm) How much did your GX 470 cost? Option list? Replies to this message: mvpjeffmvp (Dec 10, 2007 5:27 pm) gjohn10535 (Dec 11, 2007 9:24 pm)
#984 of 1114 Re: Was Trade-in A Good Deal on GX 470 [wantrx330] by mvpjeffmvp Dec 10, 2007 (5:27 pm)
Replying to: wantrx330 (Dec 10, 2007 3:29 pm) I signed last week for an 08' GX470. MSRP was 52,4XX, and I got it for 720/month INCLUDING: Tax, Title, 5,000 mile service, 10,000 mile service, 15,000 mile service, All Weather Floor Mats, Navigation, Rear Spoiler, Third Row Seat. Waiting on it to come into port. (Black/Dark Gray). The 720/month is a 12,000 mile lease, 56% buyout in end. Wound up being 48,100 sale price. Only up front cost I'm paying is first month payment, registration fee (Not Title), and Tire tax. No other dealers could try to touch this deal. I tried to get another service thrown in, but they said they're not making money on the deal as it is.
#985 of 1114 2008 GX470 supply vs.demand by wantrx330 Dec 11, 2007 (8:58 pm)
I am just wondering, how strong is the demand for 2008 GX470 vs. supply? Are you seeing shortage in supply?   I am getting a run around from my dealership located in Portland Oregon. They are saying they have one Blizzard pearl for this December month. I think this is bunch of bull. Replies to this message: redroza (Dec 11, 2007 9:47 pm) gregoryokc (Dec 12, 2007 3:41 am)
#986 of 1114 Re: Was Trade-in A Good Deal on GX 470 [wantrx330] by gjohn10535 Dec 11, 2007 (9:24 pm)
Replying to: wantrx330 (Dec 10, 2007 3:29 pm) The sticker price on my GX 470 was $ 53,644.00. the options were   **Navigation/Mark Levinson Audio Package Includes: Generation 5 Navigation System and Rear Camera with Steering Wheel Voice Command button, Bluetooth, EMV Mark Levinson 14-Speaker 240-Watt Premium Audio System, and DVD Changer **Third Row Seat with Rear Air Conditioner **Towing Prep Package Includes: Wiring Harness, Converter, Sub-Bracket, Rear Bumber Hitch Cover with Cutout (did not include ball mount) **Cargo Tray **XM satellite Radio **All Weather Mats **Preferred Accessory Package: Cargo Mat, Cargo Net and Wheel locks
#987 of 1114 Re: 2008 GX470 supply vs.demand [wantrx330] by redroza Dec 11, 2007 (9:47 pm)
Replying to: wantrx330 (Dec 11, 2007 8:58 pm) Looks there are plenty of 2008 GX470 here in Southern California. I saw at least 8 of them (including 1 Blizzard Pearl) on the lot of Carlsbad Lexus. No shortages here! If you can pick one up from here I suggest sending an email to few of the dealerships and see what kind of deal you can get. This strategy really works.

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