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Prices Paid: Buying & Leasing Experiences Lexus GS Prices Paid and Buying Experiences
684 messages, Last post on Aug 27, 2008 at 7:22 AM
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I posted a couple of weeks ago but the moderator deleted the post because I offered to share the salesman's name; I won't make that mistake again.  I live in the Seattle area and the dealerships here must think that Lexi on their lots have gold bricks in the trunk. They won't budge off sticker. One even gave me the line that I should buy from him because he made an agreement with Lexus not to sell at 2nd sticker. (I haven't seen one yet who has done this anyway) To compound the problem, none here could get a blk/blk 430 fully loaded. After reading H. Powders' post, I called a FL dealership. I told the salesman about H. Powders' deal, told him that I was ready to buy today if he had a blk/blk 430 fully loaded. While he didn't have one in stock, there was one coming on 6/26 (I didn't have to factory order to get what I wanted nor wait 12-16 weeks like my local low volume guys said. with their 1GS430 allocation per month, i can see why blk/blk is an impossibility) The best part...without haggling at all, I got close to 4500 off of sticker. This pays the $1000 shipping from FL to Washington State, the DVD screens in the headrests for my daughter and I'll still be saving $$$. The key...find a high volume dealership. One who moves 14 GS's per month; not 2. Black Magic will be arriving at the Port of Jacksonville this Sunday and I should be pushing the Start Button by mid July...Good luck gang.
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Replying to: wigalo (Jun 23, 2005 10:37 pm)
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Before starting negotiations, I secured financing from my credit union. I reached a purchase price agreement with my dealer in CA and put down a $1k deposit. Now my dealer says I have to complete a Lexus loan application. He says it's their policy that every buyer complete the loan application even if paying cash! He even said it was state law. It's not a huge problem, but I would rather not provide Lexus with all my personal financial information required for a loan application and credit check. I think the salesperson just wants to score a commision for a car loan. Has anyone else been hit up for a car loan application by a Lexus dealer? otguy |
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Replying to: otguy (Jun 24, 2005 4:37 pm) |
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Replying to: otguy (Jun 24, 2005 4:37 pm) This is pure BS. It is not state law, and it IS a huge problem because the dealer is lying to you and trying to get you to devulge your personal information under false pretenses. I've heard about dealers pulling this stuff before, but I didn't think it still went on. Amazing. What did you tell them? Where does it stand now? Most importantly: what is the name of the dealer?
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Visited and/or spoke to every dealer in Chicagoland area. Everyone want to sell at MSRP (or very slightly below if pushed). Everyones comment, almost verbatum "You aren't going to find a dealer in the Midwest that will discount this car." It seems that Lexus is only shipping them in limited quantities. Hence all these dealers have seemed to have gotten together and decided to make this their profit center. This is also happening with the new Toyota Avalon Limited that was so highly advertised at the same time that the GS300 was. The Toyota dealers are only receiving a few at a time, and with very high demand, they too won't budge much from MSRP. The GM at one of the Toyota dealerships told me that there seems to be a purpose to this policy at Lexus/Toyota. By only dolling out a minimal number of these hotly demanded cars at a time, the laws of supply and demand come into play, keeping their selling price very high. By keeping the selling price high upfront...this thereby will keep these car's resale value high down the road. Every dealer I spoke with says that there is no way that dealers on the East and West Coasts are selling these cars at 3K to 4K off of MSRP. And, if they are that I should fly out there and get one. Their comments are "Why would a dealer want to loose 3K to 4K profit, when there are buyers willing to pay full price. And, even if the dealer is a high volume seller, there are only so many GS300 going out to the dealers, and those dealers will not get enough additional cars to make up for the lost profit for discounting. And, anybody can post anything on the internet, and no one is going to brag that they got a bad deal." I hate buying cars!!! 
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Try Lexus of Peoria. I bought a 2006 GS300 RWD. This was my second purchase from them. They were very helpful and easy to deal with. They did discount over $2000.
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Replying to: cruisedoctor (Jun 25, 2005 5:21 am) |
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Replying to: indiana97 (Jun 25, 2005 8:10 am) Can you elaborate a little on your purchase from Lexus of Peoria. Since most GS300s shipped to the midwest are AWD, did it take them a long time to locate the RWD car you wanted? Did you get the color and options you wanted, or did you have to take what was sitting on their lot? |
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Lexus of Peoria was able to get the car I wanted RWD (silver/black) in about a week. I got color and options I wanted. I did not want Nav or ML. We also have Jeep Wrangler and Toyota Tundra and have no real need for AWD. If the weather gets too bad, I would not take the GS out of the garage anyway. I could have also purchased the car from Lujack Lexus (Quad Cities) for about the same price and they could have had a RWD for me in about a week. I would think both of those Dealers would be able to get a GS to you in the Chicago area with no extra costs. Lexus of Peoria is about 125 miles from me and they delivered it and will pick up/deliver for all maintance, etc. You know, I would think most Lexus Dealers would be happy to service your Lexus in the Chicago area if you buy it elsewhere. I usually have my Lexus serviced at a dealer I did not purchase from and they give me a Lexus loaner, no questions asked and they treat me just like they did when I did buy from them. Get your best price from whatever dealer and service it where you feel the most comfortable. Anyway I have owned 4 Lexus and have never had a problem that was not taken care of at the time of a scheduled maintance visit.
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