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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

What is this discussion about? Lexus LS 460, Car Buying, Sedan


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#164 of 348
Re: lexus [mike001] by ocautoseeker
Mar 12, 2008 (10:08 pm)
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Replying to: mike001 (Mar 12, 2008 11:34 am)

Mike,
 
I posted the invoice for you! Did you not see it? You stated that the dealer offered you $500 over. It's pretty evident that the actual "factory" invoice and what he told you don't mesh.
 
Use the 411 I gave you to your advantage. Here's the bottom half of the invoice... again. If he said $500 over, then you should have a selling price of $60,641, which would be ~ $8k off.
 
VIN .............: JTHBL46F385071032
--------- --------- ---------
Total Accessories ...........................: $ 5805.00 $ 4661.00 $ 5805.00
Destination Charge ..........................: $ 765.00 $ 765.00
TDA .........................................: $ 775.00
Dealer Holdback .............................: $ 1240.00
Whsl. Financial Reserve .....................: $ 620.00
--------- ---------
Total ................................ Invoice: $ 60141.00 MSRP: $ 68570.00
#165 of 348
Re: lexus [ocautoseeker] by mike001
Mar 13, 2008 (5:47 am)
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Replying to: ocautoseeker (Mar 12, 2008 10:08 pm)

thanks for the direct feeback with specifics on the #'s.
I am being told this is such a good deal ..ect ..ect ...guys are nice ...the " dance " to get the realistic best price is a pain in the *ss !
My quoted price is $61,223.oo plus the 500.oo profit the dealer said he'd do the deal for ...so " net net " he says the sell price is $61,723.oo plus TTL...
guess I'll call another dealer in the state to see what they'll do the same deal for ?
#166 of 348
Re: lexus [mike001] by ocautoseeker
Mar 13, 2008 (5:41 pm)
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Replying to: mike001 (Mar 13, 2008 5:47 am)

~$1600 over on an LS is still a great deal IMO. I'm just curious how the dealer arrived at $61,223 as his invoice? It makes no sense, he's already at ~$1000 over, then wants to add ~$600 as his "profit?" {shaking my head}
 
Tell him you know the exact invoice, then offer him the "realistic" $500 over. If he claims that the numbers are wrong, tell him you've consulted with a professional.
#167 of 348
dealer Math ! by mike001
Mar 14, 2008 (2:39 am)
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this is how he did his version of the Math to get to dealer Invoice:
MSRP : 68,570.oo
(he says that MSRP represents a 12% mark up )
say to obtain dealer's net cost : you divide by 1.12
says his net dealer invoice / cost is : $61,223.oo
add: his $500.oo profit and he gets to the $ 61,723.oo
 
Thanks again for you education & clarification on the real #'s .
#168 of 348
Re: dealer Math ! [mike001] by ocautoseeker
Mar 14, 2008 (5:38 pm)
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Replying to: mike001 (Mar 14, 2008 2:39 am)

There should be no math equation involved... there is a clear-cut print out from the manufacturer that shows what they paid. Bottom line: He's F.O.S.! Typical line salesman who has almost zero knowledge of his product and pricing. {roll-eyes}
 
Now that you know the "REAL" invoice, make your offer based on that.
 
Nothing wrong with being polite, but stay firm... it's your money.
 
And btw... invoice is not cost. Invoice minus holdback and ad fees is not cost. Only the manufacturer and/or the GM and Owner of the dealership know the true "dead" cost of each individual vehicle.
#169 of 348
Re: dealer Math ! [ocautoseeker] by mike001
Mar 16, 2008 (5:59 am)
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Replying to: ocautoseeker (Mar 14, 2008 5:38 pm)

Thank you sir !
I just sent you an email at your yahoo address.
tks
#170 of 348
price for lexus by traube
Mar 20, 2008 (6:58 pm)
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just picked up new lexus ls 460 at countyline lexus in florida.The MSRP was 72,435,and the discount
price was 64,150-they took over $8000 off MSRP.In NY the maximum they would take off was $5000
#171 of 348
Re: price for lexus [traube] by kmbaer
Mar 21, 2008 (1:41 pm)
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Replying to: traube (Mar 20, 2008 6:58 pm)

Congrats Traube!! You're going to love this car! I just got mine 3 weeks ago from Lexus of Palm Beach. Got the exact configuration of your car in Black Sapphire Pearl/Alabaster. Out of curiosity, what was the "dealer fee" at Countyline?
#172 of 348
Re: price for lexus [kmbaer] by traube
Mar 21, 2008 (3:09 pm)
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Replying to: kmbaer (Mar 21, 2008 1:41 pm)

$699.
May i ask what kind of discount did you get?
#173 of 348
Re: price for lexus [traube] by kmbaer
Mar 25, 2008 (1:30 pm)
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Replying to: traube (Mar 21, 2008 3:09 pm)

I got mine for $61,900 plus taxes/fee. I believe the fee was $599.
 
 Saffy

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