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Lexus RX 450h Prices Paid and Buying Experience

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

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


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#185 of 551
Re: Took delivery 3 weeks ago! [ravlegend] by amg123
Aug 23, 2006 (6:13 pm)
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Replying to: ravlegend (Aug 23, 2006 9:26 am)

I got my car at Warnock Lexus in Livingston New Jersey. Great experience.
#186 of 551
New car smell! by daloosh
Aug 27, 2006 (8:10 pm)
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Woohoo, new car! Drove off the lot over the weekend, put 182 miles on it, and got 25.1 mpg so far (mixed city/highway). Options are NAV, heated seats, cargo mat and wheel locks.
 
MSRP: $49,928
Sold at: $45,643 + TTL
Difference: $4285
 
I would suspect that Lexus is incentivizing their dealers, we got to this number quite quickly. Love the car so far, ask me in a couple years...
 
annasf's read of the tax rules seems right, and the 400h is not listed as a 2007 model for the credit. Remember that the tax credit on 2006s drops by 50% at the end of next month.
 
The dealer offered to put in XM radio at the dealership, but said he could not do Sirius. Another dealer confirmed 2007s would come in different levels, more like the 350 (with standard, premium and premium plus), also estimated 2007s as end of Sept. or beginning of Oct.
#187 of 551
Just Paid Below Invoice for '06 RX400H by annasf
Aug 28, 2006 (2:53 pm)
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Replying to: daloosh (Aug 27, 2006 8:10 pm)

Just bought my '06 Silver w/ Black interior RX400h and am very pleased with the deal I got. I must admit it took some work -- I called every single dealer within 150 mi radius -- but was ultimately able to get what seems to be an amazing deal. Paid below invoice price of $43,250 (2WD, nav system, heated seats, destination charges, TTL all included) for the car which has MSRP of $48,750 ($5,500 off MSRP). Also got aftermarket DVD entertainment system (2 screens behind each headrest) for $1,800. Probably didn't get the best deal on the aftermarket DVD but seems to be a very fair price based on my research.
 
So far very pleased with the car. It's driving a little funny though... sort of has a "sputtering" feel when driven at highway speed (not perfectly smooth, as if it had bad gas in it, sputtering/transmission-changing kind of feeling...). Am hoping it goes away. If it doesn't after a couple hundred miles, I may bring it to the dealer to get it checked out. Has anyone else notice their car drives that way? Maybe it's just a new car thing.
 
Final question for this board... we're so enamoured with the idea of the hybrid that we're thinking about getting another one! We'd like to also get the Toyota Prius, but was wondering if there's a cap on how much tax credit we could claim in one year. Does anyone know if you buy more than one hybrid vehicles in a given year if you can claim tax credit on both vehicles? Thanks!
 
Anna
#188 of 551
2007 400h MSRP is lower than 2006's? by ravlegend
Aug 30, 2006 (3:30 pm)
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From the Lexus website - its $43275 for an AWD.
Isn't that about $3k less than the 2006 model MSRP?
 
What gives? I thought I read it's basically the same as 2006 so maybe a cheaper productivity on Lexus part?
 
http://www.lexus.com/models/rx_hybrid/price_options.html
#189 of 551
Re: 2007 400h MSRP is lower than 2006's? [ravlegend] by daloosh
Aug 30, 2006 (9:14 pm)
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Replying to: ravlegend (Aug 30, 2006 3:30 pm)

First, wow annasf! Do you mean that you got $5500 off the sticker, or even better, your price including TTL was below $43250? That would put your sale price around $40000, is that even possible??! And I thought I did pretty well!
 
As to the tax credit, I haven't seen anything in the IRS guidelines that says you can't get credit for two cars in one year, but I'm not an accountant. Don't forget tho, that if you put a Prius into service after Sept. 30, you lose half the tax credit anyways!
 
ravlegend, it is almost $3K less, but the 2007s come in levels like the RX350 does, standard, premium and premium plus. If you look, the options in premium plus were all standard for 2006, like power steering column, leather, seat memory, AFS HID lights, moonroof and roof rack. Other things are no longer standard, such as 18" wheels, now they are 17" wheels (18" are a $500 option). And so on, so for 2007, people can get into the 400h at a lower price point by giving up some luxuries.
#190 of 551
thx! by ravlegend
Aug 31, 2006 (3:56 am)
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thx daloosh -
Should hv read further on the Lexus site.
 
I noticed the NAV/ML package is $4130 but they are priced $3630 combined ($2650+980)as options. What am I missing here?
 
Annasf-that's amazing! mind sharing where is this dealer at?
and did you deal with a salesperson or a fleet manager? I may even make a mini-vacation out of it if I hv too.
#192 of 551
Re: Just Paid Below Invoice for '06 RX400H [annasf] by turquoise_e1
Aug 31, 2006 (8:03 pm)
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Replying to: annasf (Aug 28, 2006 2:53 pm)

Hi Annasf,
 
Which after mkt DVD player did you get? Can you share some details? Price, satisfaction, seamless integration...
 
Thx.
#193 of 551
Re: Buying/Leasing a '06 vs. ''07 RX 400H and Tax Credit Issues [annasf] by marke2
Sep 01, 2006 (2:55 pm)
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Replying to: annasf (Aug 23, 2006 10:26 am)

After reading the article, I'm thinking (hoping?) that the 2007 RX400h hasn't been approved yet. If you notice, the 2007 Toyota Prius isn't listed either. I can't imagine that hybrid not getting a tax credit!
#194 of 551
Re: Just Paid Below Invoice for '06 RX400H [turquoise_e1] by annasf
Sep 02, 2006 (3:17 am)
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Replying to: turquoise_e1 (Aug 31, 2006 8:03 pm)

To answer a few questions re: my purchase/posts:
 
- I bought the car at Coliseum Lexus in Oakland
- $43,250 was the price I paid net of sales taxes (not sure exactly what TTL is, I assume that's the dealer advertising, destination charge, wholesale finance charge etc etc? Those were included in the price I paid)-- would love to understand what TTL fees are for my next car purchase (which could be soon for a Toyota Prius!)
- I don't have the details on the after market DVD yet since it hasn't been installed yet. It's going to be two screens behind each headrest... that's about as much I know/remember from the floor sample. The retail price was $2450 and I got $1800 after much negotiation since they already were discounting the car itself so steeply. Because I called every dealer in the Bay Area, I can say that this seems to be a fair price for the after market DVD, though perhaps each dealer uses a different brand /product. I got prices ranging from $1300 (just one dealer) to $2600. Most dealers came in at slightly under/above $2K.
- Not sure if the Prius '07 or the RX400h '07s would ever get on the list of ones to benefit from tax credit. It seems to me that the benefits start falling after end of this quarter any way, and that perhaps Toyota has chosen to prioritize the Camry hybrid and the GS450h to qualify for the tax credit -- maybe they're trying to push these two newer models? Also, the tax credit is supposed to bridge the gap between the difference for the regular model vs. the hybrid model. Since that gap is narrowing at least for the '07 RX400h (lower base price to get into a hybrid though without the luxuries), perhaps the tax credit incentive is no longer as strong...? Anyhow, this is just purely speculation on my part not based on any real evidence.
- My decision criteria for choosing an '06 are as follows: 1) seems like no real improvements/changes are being made in the '07 model other than the fifth generation nav, and based on personal testing it seems the voice command function while driving (the biggest advantage of the fifth gen Nav in my opinion)is not working that well anyway, 2) I was convinced I could get a better/below invoice price for '06 model during the transition (proven to be true) and 3) the tax credit on the '06 model is a sure thing which shaves off yet another $2200 off my out of pocket costs if purchased before 9/30. If you can still find an '06 model, I'd bet you might even be able to negotiate a better deal!
 
Now I am on to researching the Prius for our second car! A friend just bought one and totally loves it. If I can still get an '06 model and qualify for the tax credit (pending answer from my accountant) by 9/30, we may go for it.
 
Good luck to all in your purchases!
 
annasf

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