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Prices Paid: Buying & Leasing Experiences Lexus LS 460 Prices Paid and Buying Experience
348 messages, Last post on Oct 07, 2009 at 6:54 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: holew (Dec 08, 2007 11:37 pm) There's about $8400 in front-end gross profit on these cars, but most dealers won't let them go for any less than $2k over, if they even go that low. Best deal I have been able to negotiate thus far was $2500 over. |
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Why does Lexus NOT advertise their incentives to the customers. The dealer will not tell the customers all the incentives that are being offered for the December to remember event. Does any one know what the incentives are. I have a 800+ credit rating.
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Replying to: atlantageorgia (Dec 09, 2007 12:20 pm) If you're looking at an '08 LS (SWB), the buy rate money factor is .00230 (at least in SoCal, but that should be a national rate). The residual on a 36/12k/yr lease is 55%, for 36/15k/yr, the residual drops to 53%. On a 48/12k/yr lease, residual is 45%, for a 48/15k/yr, the residual is 43%. These numbers should stay like this until the special ends on Jan 2. My advice... call and ask to speak to a finance manager since he's the one with the numbers. Tell him/her that you're thinking about leasing a few different vehicles and you'd like to know the current residual(s) and buy rate money factors. He/she should have no problem giving you these numbers if they know you're shopping around. If they won't, they're stupid... but, just call another dealer. Good Luck! |
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Does anyone know the finance rates to purchase a Lexus LS 460(not lease)
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Replying to: atlantageorgia (Dec 18, 2007 5:02 pm) Rate offered through Lexus Financial Services. |
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i live in ny.was just in florida and am able to buy LS460-new for 8600 below MSRP.Called my dealer in ny and said 2007 were not available.I really dont need the car until april 2008 and my ny dealer said i could probably get the 2008 for $4000 below MSRP. NEED ADVICE-is this a deal i should not pass up-how is the lexus selling-i saw alot of 2007s sitting around in florida.I am paying cash for the car.
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Replying to: traube (Dec 25, 2007 11:28 am) |
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Replying to: traube (Dec 25, 2007 11:28 am) If you really think you're better off with the '07, make sure you take it on a test drive at highway speeds to ensure there is no wind leak noise.
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Replying to: fabt1 (Dec 26, 2007 6:05 am) thanx again!
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Replying to: traube (Dec 26, 2007 7:10 am) The price we paid was about the "invoice" price that you see posted on sites like Edmunds. However, this was the Employee Discount price; when I compared to other south Florida dealers (JM, Pembroke Pines, Kendall, etc.) this price was about $5,000 less than what their best quote was. None were willing to match it. Although, after I bought the car, all the other dealers called me back looking to make a better deal. I don't know if they would have come all the way down to what I paid, but they certainly were looking to deal. Dealers seem particularly 'desperate' in December, as they all want to finish the year strong so they can secure a high allocation of cars in 2008. Whatever you negotiate, try to do it in December. |
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