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Prices Paid: Buying & Leasing Experiences Lexus RX 350 Prices Paid and Buying Experience
3132 messages, Last post on Dec 05, 2009 at 9:21 PM
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just went to Lexus dealer to check out the new RX350, and noticed that most of the models don't come with HID headlamps anymore... (unlike on the previous generation). Did anyone notice this as well? Hard to believe that most of the new RX350 comes only with regular headlamps... Is it true that HID light is only available with the heads-up display package on this year's RX350? Thanks in advance!
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Replying to: rparis (May 03, 2009 12:14 pm) |
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if anyone can comment on this for me. - I have been doing my homeworks on line regarding prices of 2010 RX 350 and I thought I felt very comfortable until after I visited a Lexus dealer today. I car I want is apprx $39k invoice and $43k MSRP according to Edmunds. however, the guy at dealer today showed me the actual invoice and their prices are pretty much the same as those on Edmunds; however, their invoice also show 3 other fees (advertise, financial and hold back...) which total over $1000. therefore, their invoice price for the same veh is slightly over $40k. For those have bought a RX 350, did you use Edmunds Invoice price as you guide ? apprx how much did you pay over/ under Edmunds invoice price ? the particular one I want has the following options: RWD, Nav, Premium package, Wood trim, Ventilated seat (actually i also want parking assist but it only comes with luxury package). all response are appreciated.
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Replying to: tyler70 (May 03, 2009 4:03 pm) |
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Replying to: tyler70 (May 03, 2009 4:03 pm)
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Replying to: psu77 (May 03, 2009 5:52 pm)
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| does anyone know when the HS 250 arrives ? how it drives compare to IS 250 and ES 350 ? I like the RX 350 but I like the mileage on the HS 250 but not sure how it handles. | |
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Replying to: nb7920 (May 03, 2009 10:35 am) I visited a dealer Saturday--I would say about 15 2010's in stock all equiped the same. Was told late July for the first hybrids. And that they expected the Hybrids to include the Luxury package--but after all the disinformation and conflicting info I have seen, all I can say is that it will be what it will be. I owuld like to get a decent size discount out of principle--wil get at least a small discount. My further guess is that the car companies are cutting back production severly to minimize damage--kind of like the airlines cut back seats. So I do not see any large build up on inventories esp the 450h which has not been introduced. If they have not figured out whats happening by now I will have lost my faith in Toyota. So I see internally created shortages--they and dealers just do not want to carry inventories--there wil be sufficient discounting from Chrysler Fiat and GM. We will see--over ten years an extra 2-3k is lost in the shuffle and I would not mind my dealer survivng to service what he sells. |
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Replying to: tyler70 (May 03, 2009 7:29 pm)
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Replying to: psu77 (May 04, 2009 5:44 am) What Are Holdbacks For? Dealerships must have an inventory on hand so that consumers can browse and ultimately select a vehicle. Dealerships must pay for this inventory when it is obtained from the manufacturer, and the amount the dealer pays is the price reflected on the invoice from the manufacturer to the dealer, the so-called "invoice price." Now the twist: with the introduction of holdbacks some years ago, most manufacturers inflated the invoice prices for every vehicle by a predetermined amount (2-3% of MSRP is typical). The dealer pays that inflated amount when it buys the car from the manufacturer. But later, at predetermined times (usually quarterly), the manufacturer reimburses the dealer for that excess amount. This is the "holdback," so named because funds are "held back" by the manufacturer and released only some time after the vehicle is invoiced to the dealership. Why the sleight-of-hand you might ask? Because holdbacks can benefit dealers in three ways: 1. Dealerships borrow money to finance cars based on an invoiced amount that includes the holdback. So the higher the invoiced amount, the more the dealership can borrow from its lender. 2. Inflating the dealership's "cost" can have the effect of increasing profit, since sales personnel are paid commissions based on the "gross profit" of each sale. Holdbacks have the effect of lowering the gross profit and thus the sales commissions. 3. Holdbacks enable dealerships to advertise "invoice price" sales and sell their vehicles at or near invoice and still make hundreds of dollars on the sale |
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