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Prices Paid: Buying & Leasing Experiences 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
I was initially offered $500 off sticker only, but contacted many dealers in SoCal and the next move was to $1500 off sticker. With gas prices on the rise in SoCal and the recent media attention to hybrid vehicles, it seems dealers are trying to "scare" buyers into making rash decisions without the full benefit of research and comparative shopping. I looked at postings here and figured they could do better. When I asked a guy at Longo, who insisted $1500 off was the absolute best they could do (and I was supposedly a VIP, having been referred by a Penske), about the postings on Edmunds identifying his dealer as offering $4000+ off sticker, he said they'd had a glut of inventory in the late Feb/early Mar time period, but now, NO ONE has inventory to offer that kind of deal. However, the fleet manager at South Bay agreed to $4000 off and good trade in value, and the entire sales experience there was very calm, no pressure and pleasant (as compared to the scare tactics and hysterics of some of the other guys I talked to). Hope this helps someone now in the market for a RX400h -- I think available deals do fluctuate a great deal, but there's more inventory in SoCal than some of these guys would like you to believe.
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Replying to: ailee (May 12, 2006 11:23 am) recommending a fleet manager to do these deals. Is there some type of requirement for going through the fleet salesmen, such as through a coporation or business or can anyone contact a fleet manager/sales to get quotes? I'm pretty curious how this works, if anyone can explain it for me. Thanks.
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Replying to: maximafan (May 12, 2006 5:18 pm) 
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Ended up with RX 400h AWD, DVD navig,heated seats, wood trim kit, chrome wheels, etc. MSRP $51,308. Cap cost $47,574. Monthly payment $697.,drive off $1,120.,15k yr/ 36 mos lease. Love the car. Crown Lexus in Ontario, CA. By the way, CarsDirect.com would not lower the price from full MSRP because of lack of inventory of the model, options I wanted. |
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Replying to: KarenS (May 06, 2005 7:06 am) |
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I just got this internet quote for $43,273 for a new 2006 Level I (with heated seats and blue tooth package). Is this a good deal?
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One dealership here in SoCal claiming that the residuals for RX400h just dropped this weekend by 2% across the board. Carman - Is this true? The 400h 36 mo/12k miles used to have 58% and 0.0017? Do you have anby updates for us? Thank you.
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Replying to: rxfan1 (Jul 08, 2006 10:47 pm) |
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| I highly considered the 400 right before I bought my GX, decided I still needed all the kid seats for a few more years, then I might switch to the 400. When I got my GX at Crown in So Cal, they quoted me invoice, and offered my friend a 330 for invoice as well. I asked about the pricing and inventory on the 400, and my internet salesperson said that the sales were not all that hot because people 1) were disappointed to hear that they could not drive them in the HOV lanes just because they are hybrids, 2) because the tax breaks have a finite number of cars they can be offered on, and 3) because the mileage is not all that hot for the steep price. I would agree with the earlier posts that this SUV is a great way to get improved performance with not-so bad mileage. If you really want the great mileage, the Prius is probably a better choice. But the 400 drives like a dream and flies. I think most dealers would like us to believe that these cars are flying off the shelves, but they are not. My friend ended up with the 330, and my sister in law has the 400. They actually have a few features that I wish my GX had, and both are very happy with their cars. Happy shopping. | |
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I'm not getting the lease terms mentioned on this board. Instead of: Money factor .0017 Residual .57 I'm being told that the best that can be done is: Money factor .0020 Residual .54 This is through Lexus for a 36mo. 15K mile per year lease. I'm in So. Cal and have tried Longo who gave me a small, but not compelling, discount on the car, Vista and Oxnard had the same rates. How are the rest of you getting the rates discussed in this thread? |
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