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Lexus LX 570 Prices Paid and Buying Experiences

32 messages, Last post on Jul 09, 2009 at 6:28 AM
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Maybe I was in the right place at the right time or the market is a lot softer now, but I was able to pick up a 2008 LX570 with 2k miles for about $15k off the sticker price two weeks ago in the Chicago area. The buyer paid full sticker last fall and wanted one in black but purchased one in gray, then sold the gray one back to the dealership for a big loss. The vehicle then sat on the dealer's lot for 3-4 months. I told the salesperson I would pay $70k not a penny more. They wanted my 2005 LX470 with 100k miles and gave me $22k for that vehicle. Net cost was about $48k plus tax. I really liked my LX470 but there is no comparison between it and the LX570. bk57
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Replying to: bk57 (Mar 31, 2009 2:23 pm) How was your experience with the LX470? Was it new when you purchased it? Whats your feeling with the new lx570? How does it feel compare to the LX470, better comfort? Bigger? Have you looked into other cars, for example X5, before making your decision? |
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I purchased my 2005 LX470 with 3k miles from dealership and added 100k warranty at the time of purchase. I kept it for 100k miles. No problems with any major components other than replacing manifold under the warranty. I also had to have the passenger side outside mirror replaced twice because of electrical problem. So I made money on the warranty. I really enjoyed the LX470 because it had a smooth ride and handled well, was ergonomically well designed and just felt solidly built. the more I rode in it the more I liked it. I thought the power was adequate but could have used a few more horses. The LX570 eliminated the lack of power problem with the same gas mileage figures. When you close the doors, it feels even more solidly built, quieter and even better ergonomically designed. The interior is more luxurious, the seats feel more comfortable. The kids like the fact that the middle seats are heated and cooled. In summary, Lexus took the LX470 and greatly improved the performance and creature comforts. I never considered the X5 because of smaller size and reliability issues. bk57
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Replying to: bk57 (Apr 01, 2009 9:24 am) I can see that the new LX is better in everyway compared to the old LX. The problem I have is, I don't need such a big vehicle, but like the high driving position. Like you stated x5 is small for you which is something I like, but reliability is an issue with me. Sometime back, I almost purchased the x6, but after hearing horrible reliability issues with turbo engine heating problems, I can't buy such a car. Ever since can't make up my mind, like the new RX, but consider it to be a ladies car. |
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So I after months of searching I finally find a vehicle I like (the LX 570). The price I've been offered is $83200 48 month lease with the Mark Levinson sound system, Lexus Link (both of which I believe are standard in this model), climate control seats, park assist and of course the iPod integration. After spending 3 hours in the dealership and having the finance guy try to work me the offer they came up with is a monthly payment of around $1300. But wait this is after they value my trade-in at about $5K and with me putting down $15K. I don't know what money factor they used, but I'm assuming it is tied to an individual's credit rating and mine is a solid B. I can't help but think that: a) I'm not getting any kind of discount on the MSRP, b) with the amount of money I'm willing to put down I should be getting a much lower monthly payment, and c) I'm being taken for a ride. What advice can you give me on my next steps with the dealer? Thanks.
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Replying to: dgltj (May 28, 2009 7:18 pm) I'm not familiar with the lease terms on an LX, but you can ask Car_man, here: Lexus LX 570 Lease Questions I would never put $20K down on a lease... Before you do anything, you should certainly make some phone calls to other Lexus dealerships, just to see if they are even in the same universe, as far as pricing.. regards, kyfdx |
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Does anyone know if lexus is planning to come out with 2010 LX 570 also? And how much more its going to cost with respect to 2009 model? Regards, Tom
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Replying to: pastaking (Jul 01, 2009 9:56 am) |
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