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Lexus RX 450h Prices Paid and Buying Experience

551 messages,  Last post on Nov 26, 2009 at 4:18 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Lexus RX 400h, Lexus RX 450h, Hybrid Cars, SUV


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#107 of 551
Re: Lexus RX 400H Leasing [life98_98] by mobym
Dec 12, 2005 (6:46 pm)
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Replying to: life98_98 (Nov 29, 2005 9:14 pm)

I'm in Princeton and was quoted 621/mo with 12K miles/yr with 5700 down, so your deal sounds better. Which dealer do you use?
#108 of 551
Re: any 400h discounts in cali?? [cessna2] by navguy1
Dec 16, 2005 (2:26 pm)
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Replying to: cessna2 (Dec 04, 2005 9:34 pm)

FYI - Sony Ericcson (SE) cell phones are the only Bluetooth compatible handsets that will transfer the entire phone book with no hassles or issues. If you dont have a SE cell phone borrow one to send the entire phone book to the vehicle's onboard Bluetooth system. There after you will be able to add individual contacts one at a time.
 
First pair the SE with the vehicle. Extract the SIM card from your cell phone and place it into the SE GSM phone. Please note the telephone numbers must be on the card not in the phone memory otherwise the contacts will not be transferred.
 
Next follow the instructions in the SE owners manual and your are set. Return the SIM card to your phone. Good luck!
#109 of 551
Any recent prices info? by schan1w
Jan 04, 2006 (7:36 am)
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I'm looking to buy a RX 400h with nav, rear-seat entertainment, Mark Levinson, and heated front seats. MSPR is $52,748. Any idea how much I can get this car for? I'm in the NY Metro area if that makes any difference. Seems like it's been many weeks since ppl have posted price info and I wanted to get the latest. Thanks so much.
#111 of 551
Re: Any recent prices info? [schan1w] by ctodd
Jan 15, 2006 (12:36 pm)
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Replying to: schan1w (Jan 04, 2006 7:36 am)

I bought a fully loaded RX400h just before year end. I think Lexus had given their dealers some incentive to sell a lot in the last month of the year. The MSRP was about $52,700 and I paid $49,000, or a discount of $3700. I bought from Longo Lexus in El Monte Calif. They delivered the car to me in the San Francisco area; they drove it up and the driver flew home at no extra charge.
#112 of 551
Re: Lexus RX 400H Leasing [mobym] by life98_98
Jan 24, 2006 (7:32 pm)
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Replying to: mobym (Dec 12, 2005 6:46 pm)

My deal was with Ray Catena lexus in new jersey
#113 of 551
$3,900 off MSRP in LV by lexuslv
Feb 13, 2006 (1:04 pm)
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Lexus of LV is offering $3,500 off of MSRP on the RX400h via their internet sales dept (request a dealer quote thru edmunds.com). Keep it in your back pocket and press for the best deal. The onsite salesman will start you off at an $1,800 discount. Then pull out the email to get yourself even more. I got $3,900 off (lease) after showing my distaste for the "game." Nav, Mark Levinson, etc., MSRP $49,988.
 
Separately, does anyone know if you can get the hybrid tax credit if you lease (36 mos)?
#114 of 551
Hybrid Tax Credit in '06 by lexuslv
Feb 13, 2006 (1:52 pm)
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Answering my own question...
 
YES, both purchases and leases qualify for the tax credit. The credit for RX400h is estimated to be $2,200. (http://www.leaseguide.com/Articles/hybrid-tax.htm )
 
BTW- I was very reluctant to go Lexus, but I LOVE my RX400h. It rides SO much better than the RX330 thanks to the ECVT. It feels like it is floating. I have an Audi with CVT and hated the RX330's rough and clumsy ride.
 
BTW2- The Range Rover Sport was my 1st choice, but decided to keep an open mind. Glad I did b/c it saved me $17K. Plus, I bought myself 36 mos to wait for the RRS to come in a diesel or hybrid.
#115 of 551
Re: Hybrid Tax Credit in '06 [lexuslv] by kyfdx HOST
Feb 13, 2006 (5:36 pm)
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Replying to: lexuslv (Feb 13, 2006 1:52 pm)

While not a tax expert by any means.. everything I've read suggests that you can't get the tax credit, if you lease... as the car is not in your name..
 
regards,
kyfdx
Host-Prices Paid Forums
#116 of 551
Re: Hybrid Tax Credit in '06 [lexuslv] by dondilyon
Feb 14, 2006 (8:37 am)
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Replying to: lexuslv (Feb 13, 2006 1:52 pm)

Unfortunately, you are wrong. The 2006 tax credit can be taken ONLY if you purchase a qualifying vehicle. If you lease a car from a dealer, you CANNOT take the tax credit. I looked at the article you mention in your e-mail and, based on how it was written, I can understand why you thought your lease would apply. However, the Internal Revenue Service's guidance states as follows: The purchaser may claim a credit in the certified amount with respect to the vehicle if the following requirements are satisfied: (1) The vehicle is placed in service by the taxpayer after December 31, 2005, and is purchased on or before December 31, 2010. (2) The original use of the vehicle commences with the taxpayer.(3) The vehicle is acquired for use or lease by the taxpayer, and not
for resale.(4) The vehicle is used predominantly in the United States." Thus, it would appear that you can purchase a qualifying car and take the credit even if you lease it out to someone else BUT you must be the owner of the car (not the lessee) to get the credit.

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