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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
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Replying to: varx400h (May 25, 2009 6:02 pm) Edmunds says there is a $6k manufacturer to dealer incentive again this month. At a sales price of over $42k (when including destination fees), Sheehy stands to make over $9k on the deal they quoted me (I found dealer cost to be a little over $39k on www.truecar.com). While I know dealers need to make a profit, making ~20 - 25% is too much! Lindsay told me they no longer had 2008 models. I have contacted, but have not heard back from Pohanka.
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Replying to: nycom99 (Jun 06, 2009 1:35 pm)
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Replying to: varx400h (Jun 07, 2009 8:18 am) |
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Can anyone help me discern what a good price would be for an 06 400h with AWD and about 40k miles? Looking around, seems like most CPO cars go between 29-32k sticker. I am in Northern California - anyone have an opinion on what a good deal is here? I am not in a rush but would like to be able seize a good deal if one presents itself. Thanks!
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Replying to: cphdn (Jun 12, 2009 10:13 am)
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Replying to: jomabu1 (Jun 12, 2009 11:50 am) |
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Car_man, I looked at an 06 400h CPO w/ Nav today, it only has 15k miles on it and it's in great condition. Comes w/ 3yr 100,000 mile warranty. They quoted me $34,950 before taxes, etc. Is this a good deal? The low mileage and excellent condition I think make this an attractive car, but I was hoping they would come down on the price a bit more from the orig. $35,900. The salesman insisted that they don't get too many hybrids and they don't stick around long. I am in New Orleans. Thanks |
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Replying to: theyare (May 25, 2009 1:51 pm) |
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I know demand for the RX 450h is high and that coupled with short supply does not make for the best of leasing conditions -- from the customer's perspective. Still, I was quoted .00295 MF, which at more than 7 percent seems really high. (The 57% residual seems fine on a 36 month/15k annual). On $52,500 MSRP, the dealer's coming off $1,500, so there's that, but that still leaves the monthly at north of $820. Any indications on if LFS support may change in the short term for the 450h? Or it just is what it is? |
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Car man - what's the money factor for a returning lexus owner/lessor? Also what are the residual factors for 15K and 20K/36 months? thanks |
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