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Lexus RX 350 Prices Paid and Buying Experience

3061 messages,  Last post on Nov 21, 2009 at 9:13 PM

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


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#1448 of 3061
Re: 09 RX 350 Pebble Beach Edition [dealmaker2008] by sanjaysdca
Sep 23, 2008 (7:20 am)
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Replying to: dealmaker2008 (Sep 15, 2008 10:17 am)

Best time to buy 09 will be when 10 have hit the dealers.
 
You looked at Infiniti FX...They are great vehicles with little jarring ride. If you are like RX's ride then FX will feel like a go-cart to you.
 
Have you considered MDX? You can pickup 08 MDX with tech pkg for ~36K in southern cal...most car like SUV you can buy. The front styling is little polarizing
#1449 of 3061
Re: 2009 Lexus RX 350 Deal [bmkj] by yogibearsd
Sep 23, 2008 (9:45 pm)
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Replying to: bmkj (Sep 23, 2008 4:07 am)

Hello BMKJ - Please send the dealership and deal details to me too. Thanks.
#1450 of 3061
Re: 2009 Lexus RX 350 Deal [bmkj] by slk2350z
Sep 23, 2008 (10:49 pm)
Reply

Replying to: bmkj (Sep 23, 2008 4:07 am)

I have been following this thread and would very much like to know the selling dealer and salesperson's name> you actually got a very good deal. I am looking to buy a 2009 RX 350 FWD, with NAV, PPP, and is the adjusting to turns HID headlights included in the aforementioned PPP package or add the option?
Thanks much.
#1451 of 3061
Re: 2009 Lexus RX 350 Deal [dealmaker2008] by bmkj
Sep 24, 2008 (3:40 am)
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Replying to: dealmaker2008 (Sep 23, 2008 6:47 am)

My deal was at Prestige Lexus in Ramsey, NJ. Scott Naft was my salesman. I don't have the sticker with me as I type this, but I can tell you the Pebble Beach Edition has the PPP, NAV, 18" special edition Wheels, AWD, rain sensing wipers, wheel locks, Pebble Beach floor mats etc. MSRP is $47,396.
 
It is a 36 month lease and gap insurance is included with all Lexus Financial Leases. Also, the multiple security deposit option saved $54 per month for a $4,500 deposit. It's fully refundable and that's a 14.4% rate of return, and I temporarily put it on the free Lexus Pursuits Visa they gave me which gives me cash back and no interest for 60 days.
#1452 of 3061
Re: 2009 Lexus RX 350 Deal [bmkj] by robrepos12
Sep 24, 2008 (7:03 am)
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Replying to: bmkj (Sep 24, 2008 3:40 am)

So the dealership sold this car at $7596 under MSRP (i.e. 47,396-39800)?
 
Does the $40,900 include the $1100 (inception fees, dmv)?
 
Does the $40,900 include the $825 delivery charge?
 
Did you get a Lexus Loyalty ($1000) discount as part of the above?
 
Does the $40,900 include anything else?
 
Thanks.
#1453 of 3061
Re: 2009 Lexus RX 350 Deal [robrepos12] by bmkj
Sep 24, 2008 (9:14 am)
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Replying to: robrepos12 (Sep 24, 2008 7:03 am)

They actually sold it for about $6500 under MSRP. The $40,900 (I think the lease papers actually say $40,887) includes the $825 delivery, but not the $1100 inception fees. I did not qualify for the Loyalty rebate.
 
So if you do the math, the adjusted capital cost is approx $42,000 with the fees rolled in and the residual is $27,015 (57% of MSRP $47,396). Depreciation is approx. $416. Reduced money factor of .00073 on $69,015 equals approx $50. Total is $466 plus 7% NJ tax is $500.
 
Hope this helps. Let me know if you have any other questions.
#1454 of 3061
Re: 2009 Lexus RX 350 Deal [bmkj] by robrepos12
Sep 25, 2008 (2:01 am)
Reply

Replying to: bmkj (Sep 24, 2008 9:14 am)

Thanks, I appreciate the info.
#1455 of 3061
Re: 2009 Lexus RX 350 Deal [bmkj] by slk2350z
Sep 25, 2008 (6:18 am)
Reply

Replying to: bmkj (Sep 24, 2008 9:14 am)

That is a fantastic deal, well done! If only the SF Bay area dealers were that motivated to move their inventory! So far, I have only been able to get soemwhere in the 3s off MSRP and they sound like they are doing me a favor! I may need to go Southern CA in hopes of getting a better deal to buy one.
Thanks again and enjoy your new ride!
#1456 of 3061
Re: 2009 Lexus RX 350 Deal [slk2350z] by robrepos12
Sep 25, 2008 (11:32 am)
Reply

Replying to: slk2350z (Sep 25, 2008 6:18 am)

bmkj paid 40,900 which did not include the lexus loyalty, but did include the $825 destination charge on a vehicle with an MSRP of 47,396.
 
lexusking paid 38,500 which did include the lexus loyalty ($1000) but from his post it looks like it DID NOT include the $825 destination charge on a vehicle with an MSRP of 46,241. I tried to contact him to clarify this (and to find out the name of his salesperson at the VA dealership) but didn't get a response.
 
So if we are comparing apples to apples, with the lexus loyalty, bmkj would have been 39,900 (with destination) against lexusking's 39,325 (with destination). This is a $525 difference in actual cost, but the MSRP differed by $1,155.
 
Also note that lexusking's dealership charged him tax on the $1000 lexus loyalty discount (something that other dealerships don't do), which at 5% VA sales tax would have been another $50, bringing the difference in actual cost to $475 against options of $1,155 included in bmkj's car and not included in lexusking's car.
 
Don't know if either of these two individuals had to pay a 'document' fee or any other type of bogus add-on fee. If so that might change the computation above.
 
Looks to me like bmkj did better.
#1457 of 3061
Re: 2009 Lexus RX 350 Deal [robrepos12] by lexusking
Sep 26, 2008 (6:57 am)
Reply

Replying to: robrepos12 (Sep 25, 2008 11:32 am)

If you read my previous post I did not pay any other fee. NO PROCESSING, NONE FOR MATS or anything else. 42K out of door with approx $2500 in tax and 225 for tags and $10 for electronic motor vehicle processing fee
 
I hate to write names, email addresses and or phone numbers on forums and can't figure out how to invoke the PM.

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