Last post on Aug 02, 2013 at 11:45 AM
You are in the Lexus GS
What is this discussion about?
Lexus GS 350, Sedan
#397 of 419 Re: 2013 GS350 IS A TRUE GEM! [lz4004]
Apr 30, 2012 (5:09 pm)
First of all, I was in the business and managed several dealerships so I know about invoices, conquest cash, incentives, etc. That being said, the dealership I bought from is in Florida - 2 of the country's 4 biggest dealerships are here and competition is fierce. Finally, this is the end of the month - best time to get a great deal on any make of car.
If you are willing to come to Florida, i know you can get a similar deal.
#398 of 419 Re: 2013 GS350 IS A TRUE GEM! [lz4004]
Apr 30, 2012 (5:35 pm)
There are now good deals in the NY metro area and there were some great deals the past few days since it was the end of the month. You should be paying no more than a grand over invoice.
#399 of 419 Re: 2013 GS350 IS A TRUE GEM! [zoombie99]
Apr 30, 2012 (5:54 pm)
...no more than a grand over invoice..."
Probably can get the same deal I got then if you are driving a qualifying competitor's luxury vehicle - $1500 conquest. Don't know if that will continue in May. Conquest certificates are given to dealers based upon their sales. The bigger the dealership, the more conquest certificates they are allocated. In Connecticut, with smaller dealerships, it's possible they ran out of conquest certificates before the end of the month. Pays to buy from a bigger dealership where they have more certificates and more flexibility in pricing.
#400 of 419 Re: 2013 GS350 IS A TRUE GEM! [abacomike]
Apr 30, 2012 (6:46 pm)
Conquest expired in the northeast at the end of March. Some dealers have certificates but they don't apply to the GS. It is my understanding that dealers in Florida had a program that may end today. I am dealing with one of the largest dealers in the NE. I didn't pull the trigger because they didn't have it in the color and equipment I want.
#401 of 419 Re: 2013 GS350 IS A TRUE GEM! [zoombie99]
Apr 30, 2012 (7:16 pm)
didn't have it in the color and equipment I wanted
The car I bought wasn't my first choice for color or equipment, wanted silver but settled for gray with the Flaxen (I think that's the color's name - saddle color) and I didn't want the heads up display, but the price was right and I got financing at 2.6% for 60 months. Availability of colors with the Levinson audio package which was a must for me, was not good and we have the largest and third largest Lexus dealerships down here. So, it was now or never so I did the deed.
#402 of 419 2013 Purchase GS350 (Los Angeles Area)
May 11, 2012 (8:45 am)
Just picked up a brand new 2013 GS350 (white).
Final Price: 46,600 (after a $1500 conquest incentive)
They also threw in 2yr / 24,000 miles free maintenance.
One problem I had is that I was going to pay full cash for the car, but the dealer said I'd need to finance $10K to receive the conquest incentive. So I ended up financing 10K %4.99 interest, but I will pay it off in 2 - 3 months.
Hope this helps!
#403 of 419 Re: 2013 Purchase GS350 (Los Angeles Area) [peterjh]
May 11, 2012 (3:08 pm)
...but will pay it off in 2 or 3 months...
I don't remember my dealer telling me that the conquest certificate required that the new GS350 had to be financed - although it is possible - but usually conquest cash does not require that. Be interested in finding out if that was a requirement or if they scammed you into a loan, no matter how short term it is. Anyone out there know the answer?
Sounds like you got a great deal. That's why I bought one - unfortunately because I had to have the Levinson package and NAV package and NOT the sport model, I ended up with more than I wanted and an exterior color that was not my first choice. Sure didn't need the Intuitive Park Assist here in Florida (no parallel parking down here) nor the Head's Up Display and the Blind Spot Monitor, but the ride and handling are superb! The MSRP on mine was $58,880, or about $2000 more than I wanted, but there was nothing else available and the deal with the conquest was just something I couldn't walk away from.
Good luck and enjoy your new car!
#404 of 419 Re: 2013 Purchase GS350 (Los Angeles Area) [abacomike]
May 12, 2012 (6:29 am)
Yep, so initially, I walked out from the dealer, thinking that they are trying to 'scam' me. However, I ended up calling Lexus HQ office and they did confirm that the Conquest incentive is only available if financed / leased through Lexus. I also called 2 other local dealers and they all confirmed...
They all told me to keep the loan for min 2 - 3 months before paying off. I did the math, probably paying approx $130 in interest...
BTW, the car is amazing.
#405 of 419 Re: 2013 Purchase GS350 (Los Angeles Area) [peterjh]
May 12, 2012 (7:28 am)
so initially, I walked out from the dealer, thinking that they are trying to 'scam' me
Like I mentioned in my previous post, when I bought my car down here in Florida, they did not mention to me that the $1500 conquest required a loan with Lexus Financial Services - and I figured out why - I have a small loan ($16,000) for 60 mos with Lexus Financial at 2.6% on the new car. I now know why they moved me from Bank of America to the Lexus Financial Services loan - had to have some financing with LFS to qualify. Makes sense now. Glad you checked it out - I have never heard of a conquest being tied to a specific loan/lease requirement - and now I have.
Yes, the car is awesome - a little more powerful than my 2012 Mercedes was, more comfortable to sit in, that's for sure, the choice of econo, Sport or Sport + settings for ride and handling, and the more comfortable ride. Quieter than the Mercedes as well and much less expensive. My Mercedes was $62,325, or about $4,000 MORE than my GS350 - but my GS350 has much more on it, even though the Mercedes was a P2 package car - top of the line.
I don't use the Intuitive Park Assist (no parallel parking down here), don't pay much attention to the Blind Spot Monitor as it picks up a car in the lanes to the left and right of me too late for me to do much about it, and the Heads Up Display is convenient for speed, but that's why I have a speedometer.
I have the NAV package, the Levinson Audio Package and the Upgraded luxury package - like being in front of my computer at home, to be honest with you. Heavy on the Technology, and it will take me months to figure it all out.
#406 of 419 NEW GS350 CROSS BETWEEN A LEXUS LS460 and MERCEDES BENZ E350 SPORT
May 12, 2012 (3:08 pm)
What I've noticed is that the new Lexus GS 350 rides like an LS 460 and has the handling of a Mercedes-Benz E350 sport. It also has all the luxury features and technology of the new LS 460 PLUS some new features that the GS350, LS460 and Mercedes have never had.
Best darn car I've ever owned and driven!