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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

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


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#457 of 551
Re: Looking for Current Best Lease Deal on 400h [bocastephen] by spingrinder
Dec 22, 2008 (2:18 pm)
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Replying to: bocastephen (Dec 17, 2008 9:27 am)

The problem still seems to be residuals. I can't get anything above 54%. This leaves payments (with no cap reduction) in the low to mid 500's.
#458 of 551
Re: Looking for Current Best Lease Deal on 400h [spingrinder] by bocastephen
Dec 22, 2008 (6:38 pm)
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Replying to: spingrinder (Dec 22, 2008 2:18 pm)

Thanks for the advise...I've been looking for a R400h in dark grey or dark red with black leather, premium plus and nav, no levinson, 2WD - the car is not easy to find. I was going to buy it in CA and have it shipped to FL, but my shipping quotes are 1000-1500, so I need to take that into account.
 
I did find a dealer in FL who has the exact car in stock, although with 45 miles on the odometer already, I think it's been sitting there awhile and had a few test drives. Their first offer was 43K (MSRP 49,471), and a payment just south of 600 for 36/15K with a 2000 drive off - now that I've read your other post where you were working a R400h deal in the lower 500s with a 900 drive off, I wonder if you can message me with some of the details on that .
 
I'm OK with a payment in the low 500s (incl tax) as long as the drive off is very low - and I'm willing to balance out the total cost of taking a 10 or 12K mile lease and postpaying the difference at .25 vs prepaying with a 15K, although I'm pretty sure my usage will end up being right at, or slightly above 15K per year.
 
I was thinking to counter offer the dealer 41K on the car (2k under his initial offer), but I was quoted residuals of 47% and MF of .00035 (>720 beacon), and without knowing where I can really push around these numbers, I'm kind of flying blind.
 
If I can do the deal for under 550/mo total with under 1000 drive-off for 36/15K, it sounds to me like a good deal - what do you think? Any advise on where I should be pushing around the other numbers and hidden incentives to get my deal? I'm not sure I will be successful if I just sit there and keep repeating 41K over and over again, nor do I want to give up more than I need to.
 
I know this dealer must be dying, as the place was totally empty this past Saturday late afternoon, and they must have well over 100 RX350s sitting there, not to mention all the ES and everything else. I don't want to screw them, but this is a very unique opportunity to grab one of these cars at a very affordable rate, and I don't want to lose it.
 
I can wait - but who knows where Lexus Financial will push the residuals and interest rates after December to Remember closes.
 
I've talked to some dealers in CA -
Putnam in San Bruno had a reasonable deal, Stevens Creek was higher, but I will be in SoCal after New Years, and need to write the deal in person.
 
Thousand Oaks and Santa Monica just about flat out refused to deal with me because they got hissy over my intention to ship the car to Florida right after purchase - they said that Lexus Financial doesn't like that.
 
Crown in Ontario can't find the car, but they have one with Levinson - but he is quoting over 42K.
Cerritos is looking for the car, but they didn't call me back, so it doesn't look good.
I've not heard back from Tustin with an updated quote - I kind of wrote them off when their first quote was 44,5K which wasn't serious to me.
#459 of 551
Looking to Buy/Lease Lexus in Bay Area? by scoutandatty
Dec 23, 2008 (6:35 am)
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Just leased a new RX and learned that the dealer has way too much inventory and are willing to make a deal to clear it before the end of the year.
  
I'd be happy to approach a local dealer with too much inventory and offer to take 2 cars off his inventory before the end of the month if he lowers the price on both by 50%.
  
He mentioned that he has a few 08 ES and 08 GS that he'd like to get rid of.
  
Anyone interested??
#460 of 551
Re: Looking for Current Best Lease Deal on 400h [bocastephen] by flugel
Dec 23, 2008 (9:56 am)
Reply

Replying to: bocastephen (Dec 17, 2008 9:27 am)

e-mail me privately. I got a great deal on a new 2008 RX400H in matador Red with Black inside. It has everything BUT NO dvd OR mARK LEVINSON.
 
REDDOG
 
Kr5fluteyahoo.com
#461 of 551
Re: Help me figure this out [lfl21] by ranky
Dec 25, 2008 (6:57 pm)
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Replying to: lfl21 (Nov 26, 2008 8:51 am)

Can you tell us what dealer you end up with,as we are looking for the same deal...
thanks
#462 of 551
Re: Help me figure this out [ranky] by scoutandatty
Dec 25, 2008 (7:55 pm)
Reply

Replying to: ranky (Dec 25, 2008 6:57 pm)

Are you looking to do the deal before Jan1st?
#463 of 551
Re: Help me figure this out [scoutandatty] by ranky
Dec 25, 2008 (8:10 pm)
Reply

Replying to: scoutandatty (Dec 25, 2008 7:55 pm)

yes
#464 of 551
Re: Help me figure this out [ranky] by scoutandatty
Dec 26, 2008 (11:37 am)
Reply

Replying to: ranky (Dec 25, 2008 8:10 pm)

ok
 
So what are your requirements?
 
Buy?
 
Lease?
term?
miles per year?
 
etc....
#465 of 551
Leased my 400h - Hope it was a good deal by bocastephen
Jan 04, 2009 (8:51 am)
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2008 FWD R400h with Premium Plus, Nav, Tow/Wood/Htd Seats, etc - basically everything except Levinson. MSRP 49,491, cap cost 40,802
 
$1,100 cap cost reduction, $1,980 drive-off including first month and registration
 
36M/15K
 
$506/m plus sales tax
 
47% Res, .00035 MF
#466 of 551
$6,000 Cash to Dealer start: 01/08/2009 end: 02/02/2009 by Firebird_EOU
Jan 08, 2009 (5:40 pm)
Reply
I just found out the above incentive starting tomorrow on 400h at Edmunds...
 
Does nav really come with a cassette player?!

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