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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
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Replying to: eshapir (Jan 16, 2007 7:48 am) I submitted bids through Checkbooks CarBargains service. They are supposed to shop the deal to 7 local dealers and come back w best price. I will post on site what they come back with to help others (assuming it is good deal). My first pass w salemen at $600 over invoice got nowhere, so appreciate your advice to work w internet sales mgr. |
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Replying to: merick (Jan 16, 2007 8:54 am)  I'm also looking in the Bay Area, since we spend time north and south.
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Replying to: suvnow (Jan 16, 2007 10:30 pm)
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Replying to: apg97ss (Jan 17, 2007 6:28 am) FWD is not as expensive as AWD by the way and they can be bought for a few thousand less. If we're talking about the car with a MSRP of $49,886 then we're probably talking about the same options, AWD, Premium Plus, 18" alloy wheels, Nav, Heated Seats/Rain Wipers, NO Mark Levinson, etc.... If you're getting Mark Levinson, u got to figure thats worth an additional 1-2k so I would compare your deal with the $49,886 MSRP car. Good Luck, Ethan |
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Replying to: suvnow (Jan 16, 2007 10:30 pm) What's the actual MSRP for the one you are looking at?
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Replying to: eshapir (Jan 16, 2007 7:48 am) you seem to have gotten best price i have seen in this space. I am ready to get serious about purchase of 400h AWD/NAV over weekend. Where did dealers first open over invoice, how many iternations did it take to get near invoice, how many dealers did you play off against each other, and any other tactics you used would be appreciated. i made note of your advice of only dealing with internet sales mgr. Thanks
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Replying to: apg97ss (Jan 18, 2007 5:36 am) Good Luck, Ethan
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Replying to: eshapir (Jan 18, 2007 5:50 am) Best of luck! |
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Replying to: gtoph (Jan 17, 2007 1:13 pm) For that Prem Plus, Nav, Levinson, 18" wheels, Tow prep, etc that I mentioned before, actual MSRP was: $51346 and my price is quoted as 46288 plus tax and lic. Whaddya think? Any good?
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Replying to: suvnow (Jan 18, 2007 8:50 am) Here's my story that I literally just completed this week. For reference we are talking about the same car with the 51346 MSRP: 2007 Rx400H AWD prem plus nav/ml package 18" wheels wood trim Tow Prep heated seats cargo mat or net (don't remember which) wheel locks pretty much everything except the RES and the cruise control. Please people, don't pay MSRP! Even if the deal says "these are hot cars... people are paying MSRP." I had one send me the edmunds TMV (MSRP) and the kbb value (over MSRP) and said something like "see this is what they are going for." Please! No knock to edmunds, and there are disclaimers about the TMV, but people are idiots for paying MSRP. 1. Take five minutes to either talk in person, or send an email and you can at least get around 1000 off of MSRP. 2. Take 20 minutes and you can get over a 1000 off... even if it's a "hot" car. Anywho, on with my story...... There are all of 4 dealerships in my state (actually only 2 as each owns two stores). The best I could do through email/internet requests was in the 49.5k range. An actual visit to the closest dealer produced 48.5k after a half hour. Still not where I wanted to be mind you. Where did I want to be you ask? Well here's the numbers I came up with, some of which took some real digging, and there all approximate and from memory as I don't have my papers sitting in front of me.... MSRP: 51346 Invoice(1): 45741 Invoice(2): 45259 Invoice(3): low 44k (don't remember exactaly) Here's what the invoices mean: 1) Invoice given from the deal and adds up with other figures that I'll explain later. 2) What I call "public invoice" in that that any auto site will give you this one (if they can include the cargo & wheel locks) 3) what I call the "true invoice". This is the one that took a little more digging. This figure factors in dealer holdback (pretty common knowledge these days), wholesale financial reserve, and TDA (toyota dealer advertising). Holdback on this specific car is 852 (2% of base msrp) fin. resv. to the best I can find out is 426 (1% of base msrp) TDA I couldn't find out specifically, but figured it was around 500 for this car. Which leads to invoices 1 & 2: a difference of 482 (the TDA fee). Now yes, it is a little "hotter" of a car that others, especially depending on the part of the country you are in. (I'm boiling here. ) Keeping that in mind, my plan wasn't to really dip into the hidden dealer profit (but definitely keep it in mind). Actually from many peoples accounts on this board, I contacted several of the southern cali dealers already mentioned and basically asked for the best deal they could give. I got a couple back (much less that I sent out) and, I don't want to say played them, but basically said here's what I currently have, can you do better. I only did this once or twice, which I why I would say I played them. Anywho, I ended up with a price of 46.65 which I thought was pretty reasonable, so I took it. Plus, at least here, the dealers want to tack on a $400 "dealer prep" fee to the final negotiated price... basically it takes someone an hour to peel off the plastic and put on a deal sticker. There was no such fee doing it this way, so the price really was 46.65. All of this doesn't include TTL by the way. Long story short, yes I think it's a great deal and would take immediately. Not that I can be bitter or anything as my deal is done, but ya beat me. Shoot me a message if ya have any more questions. |
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