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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
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Does anyone know the pricing deal employees of Toyota/Lexus corporate get? Not the dealer/distributor employees, but the managers who work for the HQ or manufacturing locations. I have a connection with someone who works in the corporate marketing department, but we're not very close, and before I go out on a limb and ask them to help me with an employee buy, I'd like to know how good a deal they get. I know my local distributor offers their staff $1,500 over 'landed cost', which isn't a great deal or anything a hard negotiator couldn't swing themselves. I'd hope the HQ employees get something better.
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Replying to: bocastephen (Mar 02, 2008 7:51 am) U.S. Toyota manufacturing headquarters is nearby... One of their engineers lives in my neighborhood, but I think they've only bought one new Toyota in the last 10 years.. Either they are frugal (likely), or the employee deal is not that impressive. I'm not sure how a "not very close" acquaintance would be able to help you, though? I don't think a Toyota employee would risk his job to get a car for someone that wasn't eligible, otherwise. regards, kyfdx
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Replying to: kyfdx (Mar 02, 2008 9:49 am) I had another friend from a few years back who worked at the HQ in Long Beach, but I can't remember the details of his deal. I do remember it was one per year, but he used his allotment and couldn't do anything for me. It's the details I'm after - something like x% under invoice, I would jump at - but something like x% or x$ over invoice, it's probably not worth it. |
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After much haggling we settled on a total purchase price of 23,896 for a 24month/15,000mi lease of a Lexus 400 hybrid. Did we get a good deal? We paid cash upfront, no financing. That comes out to approx. $1,000/mo for the car. The sticker price was 51k with the navigation system, lots of extras, and a 295 scratch/ding guarantee. We turned in our 1999 Volvo S80 T6 for only $2500, however it needed 4k in repairs and had a dent in the side. Finally, we were offered 29k towards a new car when the lease is up, we know that is subject to change and bargaining. This is our first time leasing a vehichle as we want to see what other types of new hybrids come out in the next few years. Any advice is greatly appreciated. Thank you.
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Replying to: cnmiranda (Mar 16, 2008 9:56 am) In your case Miranda, you're probably paying a bit of a premium for the short term, but I'm sure others with more experience know more than I. |
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A reporter hopes to speak with consumers who want to buy hybrid SUVs that are having a hard time finding them at dealerships and/or are frustrated by dealers marking up the prices on the hybrids. If you are a consumer looking to purchase a hybrid SUV, please respond to ctalati edmunds.com with your daytime contact information no later than Tuesday, March 25, 2008.
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Replying to: japple3062 (Mar 24, 2008 3:28 pm)
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I am in the process of leasing a 2008 Lexus 400H FWD. This is the following deal offered to me. I was wondering if anyone could tell me if its good or what I should negotiate better for. MSRP 48695 Price 44900 36 months 12,000 miles Inceptions 1672 696 monthly plus tax residual if 51% money factor is .00200 Any help would be greatly appreciated. Would like to be driving a new car by week end. |
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