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You are in the Prices Paid - Buying & Leasing Experiences
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Lexus RX 350, Car Buying, SUV
#4370 of 5880 Re: rx350 in Southern CA [mrd4]
Jun 26, 2011 (10:26 pm)
Thanks to everyone who has posted to these boards. These posts here and on other boards gave me some more ammo and confidence during negotiations. My turn to give back.
In So Cal, 2011 RX 350 FWD, No Navi, w/ Premium Pkg (Perforated heated & cooled leather seats, b/u camera, power lift gate, etc.) MSRP 43232, Invoice 39637. (Cars Direct Price 40994)
Had been shooting for $500-1000 under invoice or 13% under MSRP. Didn't get it. Settled for ~11.7% under MSRP or $489.95 under invoice (or $1489.95 under invoice if you include the $1000 Lexus Loyalty cash) BTW, walked away from 2 deals (500 above invoice and 200 below invoice) before I got to this one (came close here too).
Working Backwards, OTD price (42600) - tax, license and fees = Price of car (38147)
Can't help but feel that I could have gotten almost $800 below invoice (or better) + the $1000 Lexus Loyalty. Buyers remorse, right? Can't complain much though, the RX is nice and the family loves it.
Good luck, never pay retail...
#4371 of 5880 Re: rx350 in Southern CA [familymanx2]
Jun 26, 2011 (10:53 pm)
congratulation. I got some $600 under invoice offer recently, but ends up didn't take it. First, the best offer end of 2010 is $2000 under invoice (old price); second, the lexus RX MSRP increased twice this year, which adds up about $1100 on top of old price; third, the finacing rate is not competive with 2.9%. So I figured out I need pay $2500 more than the best offer end of 2010 to buy a same vehicle, I gave up.
Alternative, I found an offer with MDX, which offers similar price compared to end of 2010 and get it, I'm also happy with 0.9% financing.
#4372 of 5880 Re: rx350 in Southern CA [familymanx2]
Jun 27, 2011 (1:46 pm)
Can you disclose the dealership? I'm in socal and also looking to get a good deal on the rx. From Van Nuys to San Diego, no one seems to want to deal as much as the dealer you went through.
thanks in advance.
#4373 of 5880 Re: rx350 in Southern CA [familymanx2]
Jun 27, 2011 (2:12 pm)
familymanx2: Congrats! I think you did well! At least much better that what I could. The best anybody did here in Nor Cal was about 400 above invoice and I gave up. Inventory shortage is the excuse. I am thinking of waiting for at least 2 months before I try again. Perhaps I will have better luck.
Congrats again on your new car. Enjoy it!
#4374 of 5880 Re: Recommended Dealers/Expected Price in the Midwest [jsun2]
Jun 27, 2011 (7:14 pm)
Contact me at pubx100yahoo.com.
#4375 of 5880 Re: rx350 in Southern CA [wasabi4]
Jun 27, 2011 (9:01 pm)
It's easy to get $500 under invoice deal. Check Lexus Escondido. I got such deal last month, but I didn't jump.
#4376 of 5880 Re: rx350 in Southern CA [wasabi4]
Jun 27, 2011 (9:31 pm)
Cerritos, went in on a lark, had shopped 2 other dealers and was going to buy at Glendale because they were going to do better than the 200 under invoice that Longo offered. If I were to do it again, I'd give Keys in Van Nuys a try, they seem to have a large inventory. Go in with the idea that $500 under invoice is good $1000 under invoice is excellent. The loyalty bonus should (IMO) be on top of that even. In the end, I think it's all timing, it's the end of the month, this should be a good time to buy. Be Ambivalent and willing to walk away if the deal turns south. Good Luck... never pay retail.
#4377 of 5880 Re: rx350 in Southern CA [familymanx2]
Jun 30, 2011 (4:44 pm)
I am truly surprised to hear that you scored at Cerritos. I have been yanked around by them for the past month and a half. They were totally disappointing.
Granted, I was looking for an almost loaded AWD.
So luckily, I pulled the trigger today and bought the car. Went to Longo and they bit on 600 below invoice. I got my first color choice too! I guess the last day of the month helps. I literally queried dealers from Oxnard down to San Diego. No one came close to Longo. No wonder they sell so many cars there.
Thanks for your assistance.
#4378 of 5880 2011 rx with nav. So Cal (Orange co.)
Jul 01, 2011 (9:21 am)
Just purchased a 2011 Rx 330 with nav, premium pkg, cross bars in S. orange co, Ca for $41,500 minus 1,000 Lexus loyalty cash ($40,500) Tax was $3636 and lic and fees were $571, and a $55 doc fee for the dealer. 2.9 % financing.
I was torn between nav and no nav...the best quote I received for no nav was $39,711 minus $1,000 loyalty discount ($38711) pushed a little harder they came down to $39,400 on certain inventory (silver with light gray) for what would have been ($38400 plus ttl) the $2100 extra in nav was worth it to me because of my job, but with less expensive nav options (phone apps) out there, the basic package is pretty well equipped.
I recommend going to each dealer web site and getting individual quotes emailed to you. It saves a ton of time and you can see quickly who is ready to deal, and who has no inventory. Made the
entire process very simple.
#4379 of 5880 Re: 2011 rx with nav. So Cal (Orange co.) [dmkamp]
Jul 01, 2011 (10:35 am)
Right now the Lexus pricing is ~ $1500 higher than pre-tsnuami. 2011 RX350 w/ nav used to be just below $40000. So the lexus dealer tries to make advantage of tsunami while Acura still offers pre-tsnuami pricing.