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Lexus RX 350 Prices Paid and Buying Experience

1345 messages,  Last post on Jul 03, 2008 at 10:32 AM

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What is this discussion about? Lexus RX 350, Car Buying, SUV


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#1180 of 1345
Re: 2008 AWD, timing and price [bao1] by rmgmag
Feb 11, 2008 (12:56 pm)
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Replying to: bao1 (Feb 09, 2008 7:26 pm)

I purchased from Woodfield Lexus in Schaumburg, IL.
 
It is our 2nd purchase from this dealership.
 
I dealt with the internet sales team and I was direct and upfront with them.
 
Their intitial offer was $42,700. I countered with $40,500 thinking no way would they take that on a sticker price of $45,881 but to my surprise they took it.
#1181 of 1345
Re: 2008 AWD, timing and price [rmgmag] by carlovernj
Feb 11, 2008 (1:57 pm)
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Replying to: rmgmag (Feb 11, 2008 12:56 pm)

Congrats on your new purchase.
 
$40,500 represents the invoice price. They accepted the invoice price because they received an additional $2,000 plus from Lexus to sell 2008 RX's, as the 2009 RX's are arriving.
 
Enjoy your new wheels.
#1182 of 1345
Re: 2008 AWD, timing and price [carlovernj] by bao1
Feb 11, 2008 (9:17 pm)
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Replying to: carlovernj (Feb 11, 2008 1:57 pm)

I could be wrong but it looks like the 2K incentive is regional and that's why on Edmunds it shows up as a factory to dealer incentive for a California zip code but there is no such incentive in the Chicago area.
#1183 of 1345
Re: 2008 AWD, timing and price [carlovernj] by chevy769
Feb 11, 2008 (9:21 pm)
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Replying to: carlovernj (Feb 11, 2008 1:57 pm)

Hello carlovernj,
It appears that you have insider information about incentives, such as the 2,000 to sell 2008's. Where do you get this info? Also, my wife and I held off buying a 2008 thinking that the 2009 would be restyled. Now we hear that the 2009 will be the same as the 2008. Any comments on that? Also, I see almost no notes on deals in the DFW or Shreveport areas. I live between the two cities and have bought two Lexus' since 1994. We are driving an almost perfect still 1999 RX. Any information about where to obtain the best deals in DFW or Shreveport.
chevy789
#1184 of 1345
Sorry, I am 769 by chevy769
Feb 11, 2008 (9:25 pm)
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#1185 of 1345
Re: 2008 AWD, timing and price [chevy769] by carlovernj
Feb 12, 2008 (7:25 am)
Reply

Replying to: chevy769 (Feb 11, 2008 9:21 pm)

Hi chevy789,
 
From reading these forums on edmunds.com, I was able to learn of the cash back from Lexus to dealers. I have learned so much from these forums, especially that the 2009 RX is identical to the 2008 RX (except for a few color changes, and the new "pebble beach" edition). I knew this a month or so ago. I know in January, someone in California bought for $2800 under invoice. I had spoken with a dealer in NY, and they confirmed they got incentives too. How much, I don't know. In addition, I don't know what incentives Lexus is providing dealers in Feb to unload the 2008 RX's. I would think that the incentives continued into February, as they need to unload 2008's. The 2009 RX's are currently arriving at dealerships. I personally wanted to lease a 2008 RX, but the cash back incentives to dealers are only on sales of the vehicle, not a lease. The lease price on the 2008, was nothing to write home about. So, if I was to lease, I might get a 2009 RX at some time in the future. Otherwise, I might try to get a good deal purchasing the 2008, if I can get a great price. Let me know how you make out.
#1186 of 1345
Re: 2008 AWD, timing and price [carlovernj] by praz
Feb 12, 2008 (10:14 am)
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Replying to: carlovernj (Feb 12, 2008 7:25 am)

Incentives for 08 RX is till 03/31.
#1187 of 1345
Waiting for my RX350 by catdaddylong
Feb 12, 2008 (1:27 pm)
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I met with my Salesmen this morning at Arkansas's only Lexus dealer for the whole state and gave the go ahead to have the RX350 I want shipped in from a out of state dealer. MSRP is $43231 and the dealer wants $40,790, about $1200 over invoice. That's about what they sell their Lexus vehicles for around here as there are no other competitors in state. I was ready to sign a buyers order and give them a deposit but they had to contact the other dealer to see if the one I want is still available. I have not heard a word from the dealer in about 3 hours although my salesman had some errands he had to run after we left the dealership this morning. I had been looking at the Toyota Highlander Sport with specific options and none were to be found anywhere and would have had to be a special order which means I may get have gotten it in a month, 2 months, 6 months or never. Since I have owned 2 Lexus and currently have a 2005 ES330 I know they make great cars. I am all dressed up and no where to go at this point in time. Just waiting for that call.............
#1188 of 1345
Re: 2008 AWD, timing and price [praz] by carlovernj
Feb 12, 2008 (2:17 pm)
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Replying to: praz (Feb 12, 2008 10:14 am)

Great, thanks Praz.
 
I guess I'll see the end of this month, how much under invoice they can go. At least I know, I have another month to do so if need be.
 
Thanks again.
#1189 of 1345
Re: 2008 AWD, timing and price [carlovernj] by pschiffe
Feb 12, 2008 (7:48 pm)
Reply

Replying to: carlovernj (Feb 12, 2008 2:17 pm)

Don't delay too long, although the incentive may last until the end of March, many dealers' stock of 2008 RXs are quickly being depleted. My 2¢.
 
Pete

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