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Lexus LS 460 Prices Paid and Buying Experience

280 messages,  Last post on Jun 28, 2008 at 3:28 PM

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

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#184 of 280 Re: 08 vs. 07 LS [ocautoseeker] by wabends Apr 27, 2008 (4:09 am)
Replying to: ocautoseeker (Apr 27, 2008 2:43 am) Thanks. I live in FL but the vehicles are in MD. 20% off the MSRP for the '07 vehicle will bring it down to approximately $54K. A quick Autotrader search showed that lowest asking price for similarly equipped vehicles is $60K. So, will 20% off be realistic starting point?   I will try your recommendation for the '08 vehicle and see how far that will go. I will post the outcome of my negotiations on this forum.   Wabends Replies to this message: ocautoseeker (Apr 27, 2008 11:50 am) wabends (Apr 27, 2008 2:12 pm) wabends (Apr 28, 2008 6:13 pm) ocautoseeker (Apr 29, 2008 2:19 am) and 5 more... sidgriggs (Apr 29, 2008 5:16 am)
#185 of 280 Re: 08 vs. 07 LS [wabends] by sidgriggs Apr 27, 2008 (8:27 am)
Replying to: wabends (Apr 26, 2008 1:44 pm) I had the Levinson system on my 04 LS430, but not on this 07 LS460. I really can't tell the difference (my hearing is far from good), but I also have an override on my Nav system--which means if I had the Levinson, I could watch DVDs while driving. One of the best options to me is XM. I listen to it 99% of the time I am in the car--don't know if the levinson system would improve on the quality of XM sound--but I am very pleased with it the way it is.
#186 of 280 Re: 08 vs. 07 LS [wabends] by ocautoseeker Apr 27, 2008 (11:50 am)
Replying to: wabends (Apr 27, 2008 4:09 am) Absolutely! 20% off is not insulting. The prices you see are "asking prices", you have to figure that there is anywhere from 10-20% mark-up on those asking prices as well.   So, take 10% off 60k and you're at 54k.   Best of luck! Replies to this message: wabends (Apr 27, 2008 2:12 pm) wabends (Apr 28, 2008 6:13 pm) ocautoseeker (Apr 29, 2008 2:19 am) wabends (Apr 29, 2008 5:20 pm) and 4 more... sidgriggs (Apr 29, 2008 5:16 am)
#187 of 280 Re: 08 vs. 07 LS [ocautoseeker] by wabends Apr 27, 2008 (2:12 pm)
Replying to: ocautoseeker (Apr 27, 2008 11:50 am) Thanks for the explanation. I am going to start with the 20% reduction in price. Any thoughts about '07 versus '08? In this case the '07 has a few more gizmos than the '08 and I am just wondering whether that makes a difference. I plan to keep this car past the 5-year mark
#188 of 280 08 LS by jaibee Apr 28, 2008 (9:20 am)
ocautoseeker.....   I just rec'd a quote for a new 08 of $63,000. I'm sure he will go lower. The sticker on it is $68305. What would a good/great purchase price be? Replies to this message: ocautoseeker (Apr 28, 2008 1:43 pm)
#189 of 280 Price for LS 460 by traube Apr 28, 2008 (1:06 pm)
Just purchased a new LS 460 at countyline lexus in florida.MSRP was 72435,and i received about 8100 off MSRP-I picked up car and it is being shipped to NY-I could find nobody in NY to even come close to this discount.Salesman was exceptionally nice
#190 of 280 Re: 08 LS [jaibee] by ocautoseeker Apr 28, 2008 (1:43 pm)
Replying to: jaibee (Apr 28, 2008 9:20 am) That vehicle carries a factory invoice of ~$60k. Offer $60.5k and sign the papers.
#191 of 280 Re: 08 vs. 07 LS [ocautoseeker] by wabends Apr 28, 2008 (6:13 pm)
Replying to: ocautoseeker (Apr 27, 2008 11:50 am) Update:     The manager has lowered the 07 LS 460 that had MSRP of $71453 to $59245 (about 18% discount off MSRP). Is this a good price? Replies to this message: ocautoseeker (Apr 29, 2008 2:19 am) wabends (Apr 29, 2008 5:20 pm) ocautoseeker (Apr 29, 2008 11:11 pm) and 3 more... sidgriggs (Apr 29, 2008 5:16 am)
#192 of 280 Re: 08 vs. 07 LS [wabends] by ocautoseeker Apr 29, 2008 (2:19 am)
Replying to: wabends (Apr 28, 2008 6:13 pm) Is it a demo, or was it previously registered?   If it was previously registered, he could "wholesale" this vehicle out for ~$56k just to break even.   If it's a demo, he's allowing about .40/mile off the vehicle's original invoice. If it is indeed a demo, you're best to negotiate this one as a used car. If it had less than about 3500 miles, the demo pricing would probably work, but not for a car a few k shy of 10k.   Tough call, but I'd still advise a discount of between 20-25%. That's realistic and he'll know it if he checks manheim (auction) prices. You're not insulting or underbidding him with prices within these percentages.   LS460's with similar mileage (less than 12k) are selling at auction for beween $55-$56k (about 25% off original MSRP).   You guys need to meet somewhere between his quoted price and what the vehicle's current market value is.   Good Luck!   Replies to this message: wabends (Apr 29, 2008 5:20 pm) ocautoseeker (Apr 29, 2008 11:11 pm) wabends (May 02, 2008 10:51 am) and 2 more...
#193 of 280 Re: 08 vs. 07 LS [wabends] by sidgriggs Apr 29, 2008 (5:16 am)
Replying to: wabends (Apr 28, 2008 6:13 pm) Go for the 08 if only because it is not the first year of a new model--I bought my 07 in June 07--really wish I had waited until Sep07 and bought an 08.

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