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Lexus RX 350 Prices Paid and Buying Experience

3020 messages,  Last post on Nov 08, 2009 at 3:46 AM

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


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#1388 of 3020
Lease offer on 2009 RX350 by bigbutr
Aug 19, 2008 (12:25 pm)
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Just got off the phone with an initial set of numbers for an RX350 with Nav, RES, Premium Plus, Heated Seats/RainSensing Wipers and Towing prep package. We currently have four months left on our current lease (2006 Odyssey) which were factored in. Guessing first offers aren't the best, but the numbers I punched into the lease calculator shows this is way high.
 
MSRP: 46,800
Selling Price: 42,440
Remaining Lease Payments: 2,540
Total Selling: 45,000
 
Out of pocket: 1134 (First month payment, Doc fees)
 
Monthly payment: 712 before taxes
 
Dealer said they'd have to get vehicle since they don't have it, but would eat the 800 in transportation costs. Said I was getting the $1000 loyalty for previous Lexus owners and the interest rate was something like 1.6% until Sept. 2.
 
Now, when I figure it in the lease calculator, here's what I come up with:
 
MSRP: 46,800
Selling Price: 42,440
Add of lease payments: 2540
Total Selling Price: 45,000
Loyalty Discount: 1,000
Final Selling Price: 44,000
 
Monthly Payment w/ tax: 565
This is based on 57% residual and the 1.6% interest rate, which I'm sure we'll get given our credit scores.
 
Got the song and dance of 'we'll do whatever we can to earn business, we'll grind some more on the price', yada, yada, yada. I know it's a game, but I don't like it to be so obvious they're trying to ream me. Should I just e-mail my numbers back to him and see if they'll take them or just not bother and try to work with some other dealers. The thing about where we are is that all of the Lexus dealers are at least 200 miles away, so we're going to have to drive somewhere.
FWIW, we really don't have to do anything at the moment on our current lease since we have 8500 miles remaining. But the wife really wants something new and it we can swing it, all the better. I know we'll have to pay those remaining payments somewhere, so why not on a newer vehicle she'd be much happier with.
 
Thanks in advance for any replies.
 
Steve
Panama City, FL
#1389 of 3020
About loyalty discount by bigbutr
Aug 19, 2008 (1:29 pm)
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Is the current $1000 loyalty discount Lexus is offering apply only to current owners of an RX or does it count to previous owners as well? My wife owned one back in 2001, so would that be too long ago to count?
#1390 of 3020
How about this Demo rx 350? by pharmkelly
Aug 20, 2008 (9:16 am)
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We are looking for a 2008 RX 350.
I am offered as below:
Demo car, 5000 milages
Run flat all season tires, climate control seats, heated vantilated front seats, premium plus package and chrome wheels
No navigation.
33k
Is it a good deal or should I go search a 2009 car?
#1391 of 3020
Re: Purchase price [fighter2] by minniemom
Aug 20, 2008 (5:46 pm)
Reply

Replying to: fighter2 (Aug 18, 2008 1:49 pm)

fighter2, where did you get your 2009 RX350? It is a good deal!
#1392 of 3020
by bmlexus
Aug 20, 2008 (6:20 pm)
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No1 replied me !!!
#1393 of 3020
Re: Purchase price [fighter2] by p3bpilot
Aug 21, 2008 (1:52 pm)
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Replying to: fighter2 (Aug 18, 2008 1:49 pm)

Fighter...I am looking for a new RX350 in Arlington, VA area. That is a great price for AWD, Navigation and premium package. Did you add sattelite radio? Crazy it is not standard equipment. That price is below invoice of $40,564 from Edmunds.
 
Thanks for the help.
#1394 of 3020
Re: 2008 RX350 [lexusking] by p3bpilot
Aug 21, 2008 (2:09 pm)
Reply

Replying to: lexusking (Aug 09, 2008 9:04 am)

I am in Northern VA looking for a 36 month lease 10K miles per year on a 2009. Trying to get the lowest selling price possible. Most are telling me $41,107 as their invoice when Edmunds says it is $40,621. Let me know if you find anyone willing to deal.
 
Thanks
#1395 of 3020
Lexus of Wilmington by snav
Aug 22, 2008 (10:38 am)
Reply
2009 Lexus RX350 AWD Black on Black
PP+/Navigation/Liquid Graphite/Heated seats/Rain sensor wipers/Towing
MSRP: $46,241
 
12,000 miles/36 months
$609/month, $0 up front
 
Based on 56% RF, 0.0015 MF
Includes all taxes, tags, and title fees.
#1396 of 3020
Re: Lexus of Wilmington [snav] by p3bpilot
Aug 22, 2008 (11:57 am)
Reply

Replying to: snav (Aug 22, 2008 10:38 am)

2009 Lexus RX350 AWD Nav Premium Plus Package
MSRP: $45,981
Base Cap Cost $40,500
Adjusted Cap Cost $38,000
Residual Value $26,209 based on 57% RF
Money Factor .00145 3.48%
Term: 10K miles/36 months
Tag, Tax, associated fees paid up front and $2500 cost reduction
$420/month
 
Can anyone beat this offer?
#1397 of 3020
Re: Purchase price [fighter2] by avopr
Aug 23, 2008 (10:22 pm)
Reply

Replying to: fighter2 (Aug 18, 2008 1:49 pm)

Where did you get the deal? I am in California. Thanks ....

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