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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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#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.
#294 of 348
October Rebate by tom17
Oct 02, 2008 (8:05 pm)
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The September $4000 rebate is over. There are no incentives listed for Lexus here on Edmunds (yet). Does anyone know if Lexus continued the $4000 rebate or maybe increased it for October? Thanks.
#295 of 348
Re: Lexus Discount Coupon [tom17] by gavrik
Oct 06, 2008 (4:57 am)
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Replying to: tom17 (Sep 25, 2008 5:51 pm)

$750 coupon is as good as cash. You can apply it towards down payment or reduce your 1st monthly payment. I negotiated my deal on Lexus, then presented the coupon to my salesguy and he simply applied it against the balance owed. The coupon amount is coming from Lexus HQ. If you have more than one, I suggest you talk to your dealer to see if you can apply more than one. I have seen coupons being offered on eBay for around $300. Still a good deal, you save $450 you did not have before.
#297 of 348
looking for info from someone who have purchase a 08 ls 460 recently by l0cd0g
Nov 12, 2008 (11:42 am)
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im trying to get a good price on a 08 ls 460. trying to see if someone recently purchase one and could provide what they got it for and with what options thanks.
#298 of 348
Re: looking for info from someone who have purchase a 08 ls 460 recently [l0cd0g] by esstookaytd
Nov 12, 2008 (11:59 am)
Reply

Replying to: l0cd0g (Nov 12, 2008 11:42 am)

I unfortunately didn't end up buying the car, but was able to deal an 08 with comfort package (no navi) down to 51650. MSRP was 65K.
#299 of 348
Re: looking for info from someone who have purchase a 08 ls 460 recently [esstookaytd] by l0cd0g
Nov 12, 2008 (12:07 pm)
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Replying to: esstookaytd (Nov 12, 2008 11:59 am)

could you tell me which dealer gave you that deal thank for the fast reply
#300 of 348
Re: looking for info from someone who have purchase a 08 ls 460 recently [l0cd0g] by esstookaytd
Nov 12, 2008 (12:36 pm)
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Replying to: l0cd0g (Nov 12, 2008 12:07 pm)

I live in Houston, and got the deal from a dealership in Dallas. If you are in the area, or want to deal with them PM me, and I can try to put you in touch with the salesperson I dealt with.
 
If you don't live in the area, what I did was basically email each dealership I was willing to drive to. I told them all that I was asking for the best price and basically put them in a bidding war. I don't know if it always works, but it did for me this time.
 
Again PM me if you need more specific info.
 
For everyone else, the deals are obviously out there.
#301 of 348
Re: looking for info from someone who have purchase a 08 ls 460 recently [esstookaytd] by rgsw
Nov 12, 2008 (6:37 pm)
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Replying to: esstookaytd (Nov 12, 2008 12:36 pm)

Lexus of Albuquerque, NM had two Black on Black, 2008 LS460s left this past Sunday. They are loaded at $72K and $76K if memory serves me correctly. On Halloween, I purchased a white 2008 LS460 without Mark Levenson, but with Nav. MSRP was $68,700 and traded in a 2006 LS 430 with 15K miles. Good Luck on your quest.

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