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Prices Paid: Buying & Leasing Experiences Lexus RX 350 Prices Paid and Buying Experience
3118 messages, Last post on Dec 02, 2009 at 10:11 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: gmsmith (May 26, 2009 11:35 am) |
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Replying to: rparis (May 26, 2009 4:44 am) |
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Replying to: tyler70 (May 26, 2009 8:15 pm) |
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Replying to: tyler70 (May 26, 2009 8:15 pm)
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Replying to: rparis (May 27, 2009 4:07 am) I'll be picking it up next week sometime, so i'll fill you in on the dealership info then. Calculating the actual invoice is tricky. In my particular case, if you go by CR, kbb, or edmonds it seemed to be 40,700 (after subtracting dealer holdback) for the Nav car with a MSRP of 47141. Now the dealer will show you a printout that lists his invoice for this car at 42K+ but i don't believe it. No point arguing over what invoice actually is, jsut tell him your going to take the lowest offer, so its academic. In my case, no trade was invloved and i did finance through Lexus. The remote start option i believe is a stand alone as it was present on only some of the Nav models i saw. All models in NE come with AWD and premium package. You can get the invoice and MSRP for it from any of the above websites. I think the CR new price report is very helpful if your willing to pay the 14 bucks. It is definitely best to do most of the price negitotiating first with internet sales guys. Play them off against each other and then go visit the three lowest in person on the same day with quotes you already know are very competitive. You'll be able to knock at least a few hundred off that on site. In my case, i told them that financing would be the tie breaker and i wanted a rate of at least 4%. Don't let them tell you they have no control over rates. They can easily pull favors with their banks to get you a "buy rate" Hope this was helpful.
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Replying to: WhichSUV (May 27, 2009 7:50 am) I will look forward to learning which dealer you purchased from. Were they all within a hundred or two of each other? I don't think Edmunds includes local dealer advertising. Appreciate your thoughts on invoice print out from dealer. There could also be special incentives from Lexus Corp. that customers and Edmunds are not aware of. Thanks again for your insight. |
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I've been dealing with the same Lexus dealership since I traded in my ES300 for the 2000 RX300. Since then I traded in my 2000 for a 2003 RX300 and then traded it for the 2005 Rx300. Now I'm ready to trade my 2005 for the 2010 RX350 for delivery in June. One thing I've noticed is the "discount" to me is not as good as I been able to get in the past deals. Of course I always have bought at the end of the product year rather then at the begining of the year. I've also noticed my trade-in is not as good as in the past even though the mileage at trade for my RXs has been under 40,000 miles and the cars have been still under warranty. Of course the price of the car has gone up with each year. Now for what I'm getting. RX350 FWD Base Price $36,800 Total Accessories $ 8,672 Comfort Package 19" Alum Wheels 12 - Speaker Audio Navigation Sys Intuitive Parking Assist Premium Package Wood & Leather Trim Cargo Mat Wheel Lock Cargo Net TOTAL Destination $875 Total $46,347 Trade in allowance $19,000 Cost $27,347 There doesn't seem to be any deals here.
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Replying to: wrahn (May 27, 2009 8:50 am)
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Replying to: wrahn (May 27, 2009 8:50 am) Obviously, new RX is highly discounted now. Would leasing have cost you more or less based on your trade in experience? I once hated leasing but if MF is reasonable and residual is high --it protects against a bad market. For instance my 2007 BMW 328i was a 36k mile/3 yr lease. MSRP was $40k, sale price $38k and residual value is $26k--in one more year. I see 2007 BMW's like mine going for $27k now with 20,000 miles. Obviously I will not buy it for residual nor will BMW sell it for that much. Their loss in this case. RX 350 residual is 59% (compare to MDX 51% now)-- |
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Replying to: rparis (May 27, 2009 8:55 am) Wes |
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