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Lexus RX 450h Prices Paid and Buying Experience

544 messages,  Last post on Oct 19, 2009 at 12:04 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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#218 of 544
2007 400h qualified for tax credit by ravlegend
Oct 24, 2006 (12:58 pm)
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Replying to: daloosh (Sep 27, 2006 7:13 am)

daloosh:
 
Badging on the back seem the same as before from memory.
The side HYBRID badging is very subtle-doesn't really screams.
 
Also info on the tax credit on a 2007 400h:
 
http://www.theautochannel.com/news/2006/09/29/023534.html
#219 of 544
Prices in DC Area and Where to Find Lease Rates by jkj
Nov 11, 2006 (8:38 am)
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I drove a 400h on Thursday and was pretty impressed. Just to get a feel for the pricing I submitted a request via Costco. The pricing was $1500 over invoice for a 350 and $500 below MSRP for the 400h. That still leaves a big spread in the profit for the dealer that will be hard to make up in gas savings (I live in DC and the fact that the 400h will not require the 7% sales tax plus the $1100 tax credit can offset the higher MSRP). I'm wondering what others are actually paying the DC area for the 400h. I drove the car at Lexus of Rockville, but could also go to other Lexus dealers in the area if the pricing is better. I really like the idea of having an SUV that gets better mileage, but I would like to see the better mileage as also actually saving money and for that to occur I would need to see sales price for the 400h in the same range over invoice as the 350, i.e., something like $1000 to $1500. Is that doable right now?
 
Also, I see lots of references to the MF and residual for Lexus on this board, but I'm wondering if there is a place where you can find this information for all Lexus cars. I also have a BMW and the lease rate for all cars from BMW Financial Services are posted monthly on the Bimmerfest board.
 
Finally, how about real world experience with gas mileage with mainly in town (DC) and suburb driving? We have a Pilot now and average in the low teens at best in the city.
 
Thanks
#220 of 544
Re: Prices in DC Area and Where to Find Lease Rates [jkj] by ravlegend
Nov 20, 2006 (6:48 am)
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Replying to: jkj (Nov 11, 2006 8:38 am)

If I recalled, the lowest priced 2006 was approx. 45K at the end of September for the options I was looking into & the invoice price was approx. 43K - so the spread is about $2k above invoice.
 
So unless the demands dry out, I doubt you could get a 2007 400h for $1500 above invoice unless you wait out for the 2008 models to arrive .
 
I wind up buying my 2007 for $2700 above invoice ($44k invoice / $46.7K price paid / MSRP $49.8) from out of state in NJ.
 
The real world mileage (also another thread) of our car depends on who's driving.
When my wife drives it - it's mid 20's because she drives it "normally". When I drives it, it's in the hi 20's/lo 30's.
#221 of 544
07 400h - good deal ? by kunalb
Nov 22, 2006 (11:06 pm)
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Hey guys i am new to the board and have been looking for either a gs350 or rx400h. While the prices might be close for both cars with nav and other options, the lease prices are worlds apart. I was recently quoted by lexus dealer that he could give me the 400h with flint mica and nav for 534 a month.
 
His offer:
 
MSRP: 49,887
Sell Price: 45,051
 
36month/15k a year : 2500 down + (tax + inception fees) : $533.94 a month.
 
Lexus leasing is kind of confusing to me because the gs350 lease i was quoted was always around 700-800 with nav and almost identical sales price. So can someone let me know if this is a good deal or should i try to go lower.
#222 of 544
2007 Rx400h Lease by hybridhysteria
Nov 24, 2006 (9:39 am)
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All -
 
About to buy a 400h/AWD/Nav/RSE/Levinson/Premium Plus/18"/heated/cruise/36mo/15,000/0 down w/740 FICO
 
Thus far I got .00173/55%/1,500 below MSRP/ w/0 down
 
Any good?
 
TIA
#223 of 544
Re: 2007 Rx400h Lease [hybridhysteria] by kunalb
Nov 24, 2006 (8:48 pm)
Reply

Replying to: hybridhysteria (Nov 24, 2006 9:39 am)

Hey hybridhysteria, i too want to lease this car and this is the information i have gotten so far:
 
2007 Lexus RX400h 5dr Hybrid AWD w/RSE & Navigation / (11)
 
24 mo/15k mi – Residual Value 63% of MSRP – .00145 Base Money Factor Rate
36 mo/15k mi – Residual Value 55% of MSRP – .00145 Base Money Factor Rate
48 mo/15k mi – Residual Value 43% of MSRP – .00145 Base Money Factor Rate
60 mo/15k mi – Residual Value 30% of MSRP – .00255 Base Money Factor Rate
 
36 mo/12k mi – Residual Value 57% of MSRP – .00145 Base Money Factor Rate
48 mo/12k mi – Residual Value 45% of MSRP – .00145 Base Money Factor Rate
60 mo/12k mi – Residual Value 32% of MSRP – .00255 Base Money Factor Rate
 
i notice the money factor and the residual are a little off.
#224 of 544
Mid-Atlantic 2007 400h deal details - 30 Nov by jbordeaux
Nov 30, 2006 (3:15 pm)
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This site was a lifesaver! One dealer brought in the worst offer seen, and I could tell because you kind folks taught me the cost elements as I perused the site early this morning. Thanks for this resource!
 
Here's what Pohanka of Chantilly, VA offered (doesn't the last day of the month matter to these folk?) for a 2007 400h/AWD/Nav, 36 mos, 20k mi/year (I drive a lot), FICO of 805:
 
MSRP 49886 / Price 47700 / Residual 51.5% / MF .00195 / TTL $3500
 
Here's what Lindsay of Alexandria, VA, er, well, sold to me today:
 
MSRP 49886 / Price 45565 / Residual 51.5% / MF .00165 / TTL $3100
 
Neither dealer had any problem sharing the MF, actually. Once I asked questions about residual, MF, etc., they were forthcoming with all. I am somewhat amazed at the difference, these dealerships are roughly 20 miles apart.
#225 of 544
Re: thx tim [daloosh] by merick
Dec 01, 2006 (8:35 am)
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Replying to: daloosh (Sep 06, 2006 9:43 am)

I just purchased a 2007 400h FWD with navigation for a price of $42,787 + TTL in Orange County, CA ($500 below invoice). I probably could have gotten another $250 or $500 more below invoice but didn't have the time. Basically got 2 dealerships in same area who don't really like each other bidding for my purchase.
#226 of 544
Seattle area prices ? by ravl1
Dec 02, 2006 (12:42 am)
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Hello everyone
 
I am trying to buy Rx400h in the seattle area and it seems like there its a tough shot with few dealers around here and very low inventory..
can some one please share prices paid recently for the '07 ?
Any tips to negotiate would also be very helpful
 
Thanks!
#227 of 544
Re: Seattle area prices ? [ravl1] by briegel
Dec 02, 2006 (8:01 am)
Reply

Replying to: ravl1 (Dec 02, 2006 12:42 am)

Hi Ravl1...I live in Redmond and bought my 2005 RX from Lexus of Riverside (Southern California)and had it shipped up here (about $500-$600). That was still a significant savings over the cost of buying locally. You might want to try the same with the 400h. There have been several Southern California dealerships mentioned in these forums that provide good purchase experiences with better pricing than those in the PNW. Good luck, and let us all know what you find! I am also interested in the 400h when my current RX 330 lease expires in a year.

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