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Prices Paid: Buying & Leasing Experiences Lexus GX 470 Lease Questions
259 messages, Last post on Oct 27, 2009 at 1:42 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: firstnten (Dec 02, 2007 9:32 pm) GX470 Black MSRP: $51,605.00 Includes: Navigation System / Mark Levinson Audio Package Backup Camera Cargo Net, Cargo Mat, Wheel Locks Third Row Seat With Rear Air Conditioner Tow Hitch Bracket Lexus Financial Services 12k miles per year 0 security deposits no lease end fees 43,588.02 Gross Cap Cost 93.77 Cap Cost Reduction 43,494.25 Adjusted Cap Cost 24,770.40 Residual Value 596.24 Base Monthly Payment 38.76 Monthly Sales Tax 635.00 Total Monthly Payment The inceptions of $1621.00 were picked up by the dealer so I only have to make 47 payments Good Deal?
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Replying to: scijohnc (Jan 02, 2008 9:47 am) and that the actual selling price is 43,588.02? That's over 8,000 off of sticker. Sounds like a good deal. May I ask what dealership?
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Replying to: gap4jason (Jan 02, 2008 9:12 pm) I had spent 2 hours at JM Lexus in South Florida but they didn't have the car in Black and their price was much higher. I called Lexus of Palm Beach from the JM showroom and they said they had the car and would work for the sale. They were great to work with. It was about 1.5 hours after the dealership had officially closed on New Years Eve and they wanted the sale. When my wife started backing away they offered to pick up the incentives. I signed about 10 seconds later. They insisted it was a money loser for them and for once I actually believed the dealer. I highly recommend the dealership. |
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Replying to: gap4jason (Jan 02, 2008 9:12 pm) The paperwork was all written up with 51605.00 MSRP - 43588.02 Selling price = 8,016.98 off of the MSRP But after the paperwork was all complete the dealer kicked in the $1621.00 for incentives. My actual cost was 41967.02 for a savings of $9,637.02 off MSRP I enjoyed my New Years Eve. |
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Does any one know the January MF and Residual for 12K/26mo on the GX470?
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Replying to: slojo (Jan 08, 2008 3:37 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Jan 29, 2008 3:51 am) MSRP: $52,668 Neg price: $46,800 Net Cap $47,400. Bank Fee added MF .00255 15000/year 48 Months, 45% residual Drive off $ $1179 Payment $675 + tax. Black w/gray int: what a nice Vehicle. We replaced our 2001 Sequoia Limited. Dan
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Hi there, I am not happy with the Lexus Dealers in MN. Want to buy/lease a 2008 470 and the sales people are slow, no inventory, and not motivated to make a deal---there are 3 or 5 cars in the state now, as they trickle in up here. I travel to Palm Beach quite a bit. If they have inventory and are eager to make a sale, what is the downside to purchasing in FL? (other than the drive home).
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Replying to: scoobman (Feb 05, 2008 8:45 pm) I leased from Palm Beach Lexus and got an amazing deal (closing time on New Years Eve helped). They had a large inventory and were great to work with. You should also check JM Lexus about 30 miles south. JM is the largest Lexus dealer in the Country and easily leads in sales every month. The way it was explained to me is that JM Enterprises basically controls the Port in Jacksonville where the cars come in. They pick what they want and distribute the rest. Their showroom is 30,0000 SF and they have row after row of the GX-470's. When I purchased they didn't have black, but they probably had more than 100 in other colors. |
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Replying to: dijital1 (Feb 01, 2008 7:30 am) What was the money factor on your deal? Did you pay any down?
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