Last post on Dec 07, 2013 at 3:07 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Lexus RX 350, Car Buying, SUV
#4789 of 5860 Re: Best Site Ever - Need Help with Lease Tomorrow [jinca]
Feb 23, 2012 (9:33 pm)
Sorry, I cant speak to trade-in value or the financial aspects.
But if you want to verify the MSRP, ask the dealer to show you the Monroe sticker for that vehicle (sticker will also show the VIN #). Some of the dealers I dealt with during my search emailed a scanned copy even before I put a deposit down or set foot in the dealership.
Also, know that you can get an estimate for what others are paying for a similarly configured vehicle thru AAA.com or thru Edmunds website. At Edmunds, go thru:
Home> New Cars> Lexus> RX 350> 2012 RX 350 SUV> Base Price With Options
It gives you MSRP, a good idea of invoice as well as estimate of what others paid.
Feb 24, 2012 (12:39 pm)
A reporter is looking to speak with someone who bought a new small luxury SUV (like a X3, Q5 and RX 350) recently. If you are interested in sharing your story, please respond to predmunds.com no later than Wednesday, February 29, 2012. Please send your contact info, the name of the make/model you bought and a few examples of models that you also considered.
#4791 of 5860 Re: Best Site Ever - Need Help with Lease Tomorrow [nit2]
Feb 24, 2012 (1:04 pm)
Thanks so much for the reply despite me posting in the wrong forum : )
#4792 of 5860 2012 rx350
Feb 25, 2012 (12:47 pm)
I am looking for a 2012 RX350 for my parents who live near the Knoxville, TN area. I read a post from 3 years ago that mentioned the arrogance/rudeness of the Knoxville dealer. Has anyone recently had a good negotiation with this dealer? Or should I be looking in a different state?
#4793 of 5860 Re: How much should I expect to pay? [vincentbayu]
Feb 25, 2012 (3:54 pm)
Can you give us the exact Bottom MSRP number of ONLY the factory window sticker ? MSRP is full suggested retail by the way. Nobody pays that of course, but the mark up is based on that minus invoice. Then we'll have Dealer incentives to try to figure, if we are after real dealer cost of that car. Some of them we know..not all.
And separately, if a separate dealer sticker is on there showing any dealers add -ons ?
Then we can hit it pretty close.
#4794 of 5860 Re: How much should I expect to pay? [nazzy100]
Feb 28, 2012 (2:25 pm)
The MSRP is $48338. It's a AWD with 19" wheels + Nav. I was told the invoice is $45226. How much would you offer the dealer for this car?
#4795 of 5860 Re: How much should I expect to pay? [vincentbayu]
Feb 28, 2012 (3:05 pm)
That invoice price they told you is nonsense. That's only 6.5 %. A well equipped Rx has at least 12%, without holdback and incentives. Lexus holdback is 2% of the Base Price of the car, and he gets that back from the factory. Always.
If that IS the car you're ready to buy, and, If ,that is the final MSRP from factory sticker, and there are no dealer add-ons, I would offer Him , tops , $43600 plus tax and license. But don't do it until you are ready to buy, right then. Not over the phone, be there. I'd walk out if he says he can't do it. He'll probably stop you or call you at home later. And if he doesn't go to another dealer and see if you find one you want and try again. This is my personal feeling only if i was buying that car.
You can bet he's making a decent profit still with his Holdback % and other dealer/factory incentives only they know. And actual dealer cost is well below that offer.
Also, keep in mind, Lexus is now doing a national campaign, with 1.9% APR Financing for 60 months on New certain Lexus models, including the RX. That's a good deal In my book.
Tell me again what town you are in ?
#4796 of 5860 Re: How much should I expect to pay? [vincentbayu]
Mar 01, 2012 (11:40 pm)
Max offer 42K, this is the going rate based on what I have seen on this posting, especially the car is going to be refreshed in May with new bumper and navigation media system. Dealer here in Northern ca have about 25 RX on lot which are slowly selling and they are begging for business. Be patient and they will call to make a deal.
#4797 of 5860 Re: How much should I expect to pay? [vincentbayu]
Mar 02, 2012 (9:24 am)
I am in Northern CA, and looking to buy the exact same car. Talked to several dealers and all of them mentioned price increase for RX350. Car with older invoice are almost sold out and the one with new invoice price is $700-$1000 more depends on the options. Had anyone heard of price increase? And I was told dealers with older invoice car refuse to trade those cars with other dealers.
I was wondering if I should wait for the facelift in May? Since Lexus is likely to reveal the new RX350 in 2 weeks in the auto show, I wonder what will this affect the price of 2012 model? Should I expect the 2013 be more expensive?
#4798 of 5860 How much should I expect to pay?
Mar 05, 2012 (7:38 pm)
I am based in Houston. I contacted 4 local dealers and I am very unhappy the way Lexus dealers are responding. All I need is premium package + Nav (not a must), but they keep pushing cars with a lot of extras I don't need or want. Out of the 4 dealers, 1 did not contact me at all. 1 other is about 2 hours away, but the lady did call me. I told her I need at least 10% off MSRP and she said that she is in car business for 20 years and would not deal with me at that price. (It's below her invoice.?)
I looked at RX350 with premium package, navigation + other extras on Friday with 3rd dealer. (He is closest to my place.) MSRP was $48617. I offered him $44,000 + tax, title. The dealer said that I was offering him below his cost & the best he could do was $46,300 + tax, title. I told him to contact me if he agrees with me and walked out. He did not stop me nor has contacted me yet.
Now I got a call today from another (4th) dealer. (about 1 hour drive from my place). This vehicle is without NAV system. (Premium Package, Towing package, 19" alloy wheels, backup camera, park assist, heated/ventilated seats, wood/leather trimmed steering wheel, Z1, 3T) MSRP is $45,582. I offered him $41,000 He said that he would sell for $42,500. I told him pretty much same thing I told first dealer. He would not commit to $41,000 price on the phone or email. So he said that it would help negotiation if I went to dealership personally, so that he could convince his boss. I told him that I am fine with it if he at least agrees to the price in principle so as not to waste my and his time. He said, he will get back to me.
Based on this experience, did I offer way too less ($44,000) in the first case? Is $41,000 offer good one in second case? Do you think they will agree to 10% off MSRP. I am in no rush to buy the vehicle, but would but immediately if the price is good.
Thanks in advance.