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Lexus LS 460 Prices Paid and Buying Experience

354 messages,  Last post on Jan 29, 2010 at 11:21 PM

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


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#94 of 354
Re: Newbie Questions on Buying '08 [molonlabe] by swiftm
Oct 30, 2007 (3:36 am)
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Replying to: molonlabe (Oct 29, 2007 7:06 pm)

Molonlabe: Most of the email addresses posted on lexus.com are the internet dept. As for #4 question: You would want to pay the taxes where you live, not both places; clarify the detail with the seller before your purchase, it can be a substantial amount added to the car, and you would want everything in writing of course. I am also looking for a LS, but not in a rush. swiftm001
#95 of 354
LS460 in SoCal by ocautoseeker
Nov 07, 2007 (3:24 am)
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2008 LS460 SWB (Silver/Grey) with following options:
-Comfort Pkg.
-Intuitive Park Assist
-Power Trunk/Door Closer
-Navigation
-Lexus Link
-Preferred Acc.Pkg.
 
MSRP: $68,705.00
 
Selling Price: $63,855.00
 
~$5k off/~$3500 over invoice.
 
Car will be here in 2 weeks... can't wait!!!
#96 of 354
Re: LS460 in SoCal [ocautoseeker] by jdedmunds
Nov 07, 2007 (12:47 pm)
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Replying to: ocautoseeker (Nov 07, 2007 3:24 am)

Ocautoseeker, that is a very good deal, considering it is a 2008. Houston dealers would not discount that much on a new car. Congratulations and enjoy your ride.
#97 of 354
Price on 2007 LS460 in NY/NJ Metro area by venkatb
Nov 11, 2007 (7:12 pm)
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Can someone advise me on prices for a 2007 LS in the New York metro to Princeton, NJ area - I have a price quote of around $ 7K below MSRP (around 72). Appreciate feedback on purchase/lease experiences.
 
Thanks.
#98 of 354
Re: Price on 2007 LS460 in NY/NJ Metro area [venkatb] by ocautoseeker
Nov 13, 2007 (3:35 am)
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Replying to: venkatb (Nov 11, 2007 7:12 pm)

$7k off an '07 is a good price. If you pay cash or finance, go for it! If leasing, pop for an '08, cuz residual will be much better. Lease rates should be good in December for Lexus' annual holiday event.
 
Expect between $4500-$5500 off an '08 in your market.
 
Good Luck!
#99 of 354
Re: Price on 2007 LS460 in NY/NJ Metro area [ocautoseeker] by venkatb
Nov 13, 2007 (7:22 pm)
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Replying to: ocautoseeker (Nov 13, 2007 3:35 am)

Thanks ocautoseeker - trying to push the deal a little further - low volume dealer in a remote part of the tri-state area - trying to see if I can get below invoice by about $ 2K. Shall keep you posted - thanks.
#100 of 354
Re: Price on 2007 LS460 in NY/NJ Metro area [venkatb] by ocautoseeker
Nov 14, 2007 (1:21 am)
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Replying to: venkatb (Nov 13, 2007 7:22 pm)

I never say never, but it's doubtful that you'll be able to purchase an LS under invoice. In fact, at $7k off MSRP, you're still ~$1500 over invoice. Which, by the way, is a smokin' deal on an LS.
 
Lexus dealers will blow out ES's, IS's, and RX's all day long for $500 over. The LS, unfortunately is NOT a $500 over car. I'd say that you might be able to knock another $500 off, but much more than that might be a big stretch. But, if you're up for the grind, I say go for it!
 
Good luck and please report back on your final price. It's always helpful to see what other's are able to negotiate.
 
BTW... what options does your car have on it?
#101 of 354
Re: Price on 2007 LS460 in NY/NJ Metro area [ocautoseeker] by venkatb
Nov 20, 2007 (5:43 pm)
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Replying to: ocautoseeker (Nov 14, 2007 1:21 am)

Sorry ocautoseeker for this belated reply - we put our car buying in temporary stall - got a quote of 65.5 for a 2007 with MSRp of 72+ and has self-parking / ML-NAV / Comfort package and a few other smaller options. Not interested in self-parking - Negotiating similar or better discount at another dealer who has above car without self-parking. Getting distracted by low mileage pre-owned 2006 with ultra luxury available in mid-40s - confused!!!
#102 of 354
Re: Price on 2007 LS460 in NY/NJ Metro area [venkatb] by ocautoseeker
Nov 21, 2007 (3:11 am)
Reply

Replying to: venkatb (Nov 20, 2007 5:43 pm)

Best of luck to you in your decision making. Either way, they're both great cars. Many LS enthusiasts believe that the '06 model was the best LS ever built.
 
On another note...
 
Dealer sold an LS out from under me after I had given them a deposit and negotiated a price of ~$5k off MSRP. They claimed it was a mistake. Whatever! Took biz elsewhere while they were still scrambling to figure out what happened. Got lucky and found another one a few miles up the road and actually negotiated an even better deal. $6k total off an '08... very happy!
 
I did make sure that the deposit amount was not charged to my CC since the original dealer did not deliver as promised.
 
Love the car!
#103 of 354
Re: Price on 2007 LS460 in NY/NJ Metro area [venkatb] by holew
Dec 09, 2007 (12:37 am)
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Replying to: venkatb (Nov 13, 2007 7:22 pm)

I doubt if you will be able to get an LS460 below dealer invoice, but then why not try. I purchased a new 2002 LS430 in Nov2001. I thought I got a good deal but later discovered I paid about $1000 too much. Back then the mark up from INVOICE price was $8000. So I offered to split the $8000 and told the salesman I would pay them $4000 above dealer invoice. I guess he must have wet his pants. He jumped up from the desk and ran to get the manager. The manager tried to get another $500 out of me but after 20 minutes of this BS stuff he aid OK. Later I found out that other dealers in the area were discounting that same car $5000 off of invoice.
 
So now I just start offering them some way low price of perhaps one thousand below invoice. I shop in an area where there are three or more dealers. My 2002 LS430 was purchased from Silver Spring Lexus in Maryland which is a suburb of Washington, DC. There are 6 Lexus dealers in and around Washington in Maryland and Virginia.
 
If I ever buy another Lexus product I will shop more intensively and aggressively. On an LS460 I would never pay more then $1500 over invoice and then that would be after trying very hard to get the car at invoice. The bottom line is HOW HUNGRY IS THE DEALER. If the economy is sick, even business at lux car dealers will decline. So wait the dealer out and try some of the INTERNET pricing services. They are for real and you will get pricing calls from several dealers which will save you a lot of time and perhaps BS.

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