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Lexus LS 460 Prices Paid and Buying Experience

348 messages,  Last post on Oct 07, 2009 at 6:54 AM

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


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#284 of 348
Hello by bmlexus
Sep 06, 2008 (7:37 pm)
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Any1 here bought a new LS460 any experience plz?
 
thanks...
#285 of 348
2nd ' to Any Recent Purchases--- by xier
Sep 09, 2008 (9:34 am)
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Also would like to hear from anyone who has purchased recently ... we are nearing the end of the year and from what I have seen local dealers have pleanty of 08's in stock that are not selling. It appears all of the financing deals are GONE now so I'm wondering what deal's if any are worth going after on this vehicle.
 
For the December sales event do they usually bring back financing deals - like 1.9?
#286 of 348
Re: 2nd ' to Any Recent Purchases--- [xier] by carolinabob
Sep 22, 2008 (12:30 pm)
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Replying to: xier (Sep 09, 2008 9:34 am)

Dealer in upper S.C. is offering $8,000 off MSRP LS with comfort package. Computer showed lots in Southeast area available, especially if want nav. 09's are due next month?
#287 of 348
Re: 2nd ' to Any Recent Purchases--- [carolinabob] by tom17
Sep 22, 2008 (6:21 pm)
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Replying to: carolinabob (Sep 22, 2008 12:30 pm)

How are you finding availability? My two closest Lexus dealer web sites do not have a new car search function. When I use cars.com, it comes up with 2 or 3 dealers for all of Florida that show their inventory.
 
Is the $8000 before or after the $4000 rebate this month. Postings on clublexus.com indicate they can be had for $4000 (the rebate) under invoice.
#288 of 348
Buying today by pmarsh
Sep 24, 2008 (9:35 am)
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IMO, the $4000 off of invoice scenario was likely a one time deal, and probably not easily duplicated in most parts of the country. I'm purchasing today through fleetrates.com. I tried to source locally in Columbus, OH, but their best deal was $9500 off of sticker and it was limited to a gray vehicle. Fleetrates managed to get me the color and the exact options that I wanted: Here's the scoop:
 
LS 460 SWB, Mercury Metallic
ML, Nav, Advanced parking
Comfort Plus package
Intuitive parking assist
Lexus Link
Power trunk and door closers
Preferred accessory package
Premium floor mats
 
MSRP: $75,030
Actual: $63,500 which includes home delivery to OH from CA
$11,530 off of list or around 18% below MSRP
Around $1500 below invoice (delivered), as far as I can tell
 
The cost of delivery was around $1000 (included in actual price), but as mentioned, the deal was still better and I got the exact color/options that I wanted (which was really important to me). I just started the purchase process today, so I cannot yet attest to experience of buying through fleetrates. I can mention that I originally contacted two different sales people within their ranks and didn't get a whole lot of follow up. Yesterday I made another attempt and am working with someone who seems to have their act together. I will give out their name and number upon request. Also, I will update the fleetrate experience as we move this forward. Delivery is supposed to take 7-10 days...
#289 of 348
Re: Buying today [pmarsh] by 787_sam
Sep 24, 2008 (4:59 pm)
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Replying to: pmarsh (Sep 24, 2008 9:35 am)

Guys,
 
I bought my LS 460, MSRP $ 75,400 or so for $ 64,500 in S.Cal. Same great Lexus buying experience. Got my color and options. Dealer accepted right away. Could have probably gotten a better deal, but hey we all need each other to survive, right..?
 
Prices are all over the place. Now is a good time to buy. It's a fantastic car!
#290 of 348
Re: Buying today [pmarsh] by 787_sam
Sep 24, 2008 (5:02 pm)
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Replying to: pmarsh (Sep 24, 2008 9:35 am)

Just wonder how much Lexus margins on these cars and how much Lexus is giving the dealerships to sell em under the current economic conditions... (I am sure the dealerships still are making money under invoice)
#291 of 348
Re: Buying today [787_sam] by bmlexus
Sep 25, 2008 (1:42 am)
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Replying to: 787_sam (Sep 24, 2008 5:02 pm)

Hi, congratulations, How has the driving experience been so far, how comfortable are you with your car.
 
Any issues, likes and dislikes?
#292 of 348
Re: Buying today [787_sam] by pmarsh
Sep 25, 2008 (2:33 pm)
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Replying to: 787_sam (Sep 24, 2008 5:02 pm)

It's pretty easy to figure out the dealer margins at this point. Build the car with options on one of the various websites that shows you both invoice and MSRP price. Factor in that Lexus (the company, not the dealers) is currently giving a $4000 rebate at the moment, AND that there is currently a Lexus dealer holdback of around $1200... So, there is basically $5200 to play with below invoice price at this juncture, although most dealers will not budge too much on the holdback.
 
Between $2-3K below invoice is a great price, while still allowing some (fair) profit for the dealer. The economy is definitely playing a role, so get 'em while they're hot! One other factor for my purchase was there is little difference with the forthcoming 09 models, unless you are in hunt for a AWD model.
#293 of 348
Lexus Discount Coupon by tom17
Sep 25, 2008 (5:51 pm)
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I went to a Lexus event in Miami on Sunday and received a $750 coupon good for a discount on any 08/09 Lexus. Has anyone ever used one of these before? Does Lexus pony up the extra $750 for the dealer or does the dealer eat this? Obviously if Lexus adds the extra $750 it is a real discount. Otherwise if the dealer knew about it in advance, they would just reduce the discount to make up for it.
 
Thanks.

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