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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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#464 of 551 Re: Help me figure this out [ranky] by scoutandatty Dec 26, 2008 (11:37 am)
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)
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)
I just found out the above incentive starting tomorrow on 400h at Edmunds...   Does nav really come with a cassette player?! Replies to this message: bocastephen (Jan 08, 2009 5:53 pm)
#467 of 551 Re: $6,000 Cash to Dealer start: 01/08/2009 end: 02/02/2009 [Firebird_EOU] by bocastephen Jan 08, 2009 (5:53 pm)
Replying to: Firebird_EOU (Jan 08, 2009 5:40 pm) $6000??? damn, I leased mine one week too early I got almost 3000 under invoice, but it looks like waiting a week might have yielded another 2-3K off even that.
#468 of 551 $6000 Dealer Cash by scoutandatty Jan 09, 2009 (6:09 am)
It looks like the $6000 may apply to more than just the RXs. I've also been pricing slightly used ESs with Levinson/Luxury on Edmonds and found a bunch yesterday AM $29,999. Last night, all of them were increased to $34-$35.   Am I misreading the price increase?   Does this make sense?
#469 of 551 Looking to buy 400h in Central FLA area by Ares1X Jan 11, 2009 (4:29 pm)
Dealer down in melbourne, FL has 3 2008 left. All area full loaded and list at 49,600. They quoted my rock bottom of 44,500. I was hoping to do better - arent we all ! anyways, is this a good deal for a car that is a year old? how much more will it depreciate when I drove off the lot?   TIA, Ares Replies to this message: bocastephen (Jan 11, 2009 4:40 pm) Ares1X (Jan 12, 2009 3:06 pm) Justinguo (Jan 15, 2009 6:22 am) bocastephen (Jan 15, 2009 8:05 am)
#470 of 551 Re: Looking to buy 400h in Central FLA area [Ares1X] by bocastephen Jan 11, 2009 (4:40 pm)
Replying to: Ares1X (Jan 11, 2009 4:29 pm) I wouldn't even touch them - let them eat cake at that price, especially with the 6K incentive. 400h's are getting harder to come by, and I'd probably not buy one unless I got most of the 6K under invoice, given the depreciation hit you will suffer - the 2010s are only 4-6 months away from delivery, possibly sooner. I think Lexus wants all the 400h's sold and off the lots along with most of the 350s, as the 2010 350 is due around March.   Go to overstock.com and plug in zip codes for Ft Lauderdale, San Jose CA, Los Angeles CA (where I got mine) and New York City - see which overstock dealer has the best price - you definitely won't find a good price in Melbourne or anywhere else where one dealer services a geo area with limited stock. Be prepared to shop and buy from out of state if you want the right car, the right color and the right price. Replies to this message: Ares1X (Jan 12, 2009 3:06 pm) Justinguo (Jan 15, 2009 6:22 am) bocastephen (Jan 15, 2009 8:05 am)
#471 of 551 Re: Looking to buy 400h in Central FLA area [bocastephen] by Ares1X Jan 12, 2009 (3:06 pm)
Replying to: bocastephen (Jan 11, 2009 4:40 pm) thank you. I have no problem traveling for a good deal just didnt know where to look. I'll go check it out right now...thx !!!
#472 of 551 Re: Looking to buy 400h in Central FLA area [bocastephen] by Justinguo Jan 15, 2009 (6:22 am)
Replying to: bocastephen (Jan 11, 2009 4:40 pm) New to this forum, one quick question. I am thinking to buy a 2009 400h. Given the $6,000 from Lexus to dealers, what is the reasonable price I should offer? $6,000 below invoice price? or higher? Thanks a lot Replies to this message: bocastephen (Jan 15, 2009 8:05 am)
#473 of 551 Re: Looking to buy 400h in Central FLA area [Justinguo] by bocastephen Jan 15, 2009 (8:05 am)
Replying to: Justinguo (Jan 15, 2009 6:22 am) There is no 2009 400h - the model is still sold as a 2008. A fairly dumb move by Lexus, since Toyota continued their unchanged Prius from 2008, but at least called it a 2009 model to keep the resale and residual values up. Lexus decided to sell a 2008 well into 2009, which means your "new" car is going to take big value drop the moment the ink dries on your sales agreement.   I can only speculate that Lexus decided not to ship the model as a 2009 because they stopped production before the 2009 calendar year, but they should have looked at the valuation picture from the consumer's point of view and started shipping the model as a 2009 back in late summer, even for a limited production run.   That being said, check the overstock.com pricing information for your zip code to see how dealers are applying the cash - you should be able to take the invoice price and chop off at least 5k. You may need to be more price flexible as the retail supply dwindles and your color/option selection becomes harder to find.

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