Car Chat General discussion about Lexus, other auto manufacturers and automotive news.

I need help on RX price please!

Old 12-09-14, 07:26 AM
  #1  
EthanV
Lead Lap
Thread Starter
 
EthanV's Avatar
 
Join Date: Oct 2008
Location: Texas
Posts: 628
Likes: 0
Received 2 Likes on 2 Posts
Default I need help on RX price please!

People are getting huge discount on the 2015 Rx. The 2016 redesign is around the corner. I really not want to spend over 40k for an almost dated model. Is it possible to get this one at 40k drive out?I made a posted on the 3rd gen RX but I got no help except one reply. Thanks a lot! http://www.parkplace.com/lexus/grape...s-rx-350-g5758
EthanV is offline  
Old 12-09-14, 07:42 AM
  #2  
mmarshall
Lexus Fanatic
 
mmarshall's Avatar
 
Join Date: Oct 2003
Location: Virginia/D.C. suburbs
Posts: 90,505
Received 83 Likes on 82 Posts
Default

Who says you will like the 2016 model any more than the 2015? Though there are some exceptions, the general trend with many new or redesigned vehicles is to use thinner and thinner materials, smaller and smaller power plants (sometimes with turbos), lower and lower profile tires, and ride more stiffly. I'm not necessarily saying this will happen with the next-generation RX, but my point is that if you like the 2015 model, I wouldn't lose sleep waiting for the 2016....especially if you get a 2015 at a good price.

Just my own $02.
mmarshall is offline  
Old 12-09-14, 07:47 AM
  #3  
LexBob2
Lexus Champion
 
LexBob2's Avatar
 
Join Date: Aug 2006
Location: Illinois
Posts: 10,987
Received 137 Likes on 111 Posts
Default

Originally Posted by mmarshall
Who says you will like the 2016 model any more than the 2015? Though there are some exceptions, the general trend with many new or redesigned vehicles is to use thinner and thinner materials, smaller and smaller power plants (sometimes with turbos), lower and lower profile tires, and ride more stiffly. I'm not necessarily saying this will happen with the next-generation RX, but my point is that if you like the 2015 model, I wouldn't lose sleep waiting for the 2016....especially if you get a 2015 at a good price.

Just my own $02.
You paint a gloomy picture of the future.
LexBob2 is offline  
Old 12-09-14, 07:58 AM
  #4  
mmarshall
Lexus Fanatic
 
mmarshall's Avatar
 
Join Date: Oct 2003
Location: Virginia/D.C. suburbs
Posts: 90,505
Received 83 Likes on 82 Posts
Default

Originally Posted by LexBob2
You paint a gloomy picture of the future.

Well, we don't know yet. I'm not making an absolute prediction.....the 2016 RX may turn out to be superb. But my point is, if you like a vehicle, buy it, especially with a good price, and don't lose sleep or worry about the future. The OP asked for advice, and I thought my response made at least some sense. As I see it, we can't center our lives around what-ifs. I know that for the last 20-25 years or so, I've liked most of the vehicles I've owned better than what their replacements turned out to be....and that includes vehicles from Toyota, Mazda, Saturn, Lexus, Subaru, and Buick.
mmarshall is offline  
Old 12-09-14, 08:56 AM
  #5  
pbm317
Lead Lap
 
pbm317's Avatar
 
Join Date: Apr 2002
Location: Virginia
Posts: 4,888
Received 10 Likes on 8 Posts
Default

Prices are always what the market will bear. Since that's their listed price, you should be able to negotiate off of that. For used cars, always look at what the trade in values can be (use multiple sources, edmunds, kbb, blackbook, etc) assume some reconditioning costs, the cost of certifying the car (if you truly want a CPO'ed car) and then some margin on top of that. Maybe with a Lexus you would be willing to forgo CPO for a such a recent, low mileage car.
pbm317 is offline  
Old 12-09-14, 09:39 AM
  #6  
doge
Formerly Bad Co
 
doge's Avatar
 
Join Date: Dec 2013
Location: Chicago
Posts: 1,041
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by mmarshall
Well, we don't know yet. I'm not making an absolute prediction.....the 2016 RX may turn out to be superb. But my point is, if you like a vehicle, buy it, especially with a good price, and don't lose sleep or worry about the future. The OP asked for advice, and I thought my response made at least some sense. As I see it, we can't center our lives around what-ifs. I know that for the last 20-25 years or so, I've liked most of the vehicles I've owned better than what their replacements turned out to be....and that includes vehicles from Toyota, Mazda, Saturn, Lexus, Subaru, and Buick.
Every RX has been an improvement over its predecessor, the latest batch of lexus cars have also been getting great reviews.... conclusion next gen RX will be crap. Love that logic...
doge is offline  
Old 12-09-14, 12:53 PM
  #7  
mmarshall
Lexus Fanatic
 
mmarshall's Avatar
 
Join Date: Oct 2003
Location: Virginia/D.C. suburbs
Posts: 90,505
Received 83 Likes on 82 Posts
Default

Originally Posted by doge
Every RX has been an improvement over its predecessor, the latest batch of lexus cars have also been getting great reviews.... conclusion next gen RX will be crap. Love that logic...
Who said it would be crap? Not me. I said we'll have to wait and see. Many ES owners, for example, don't feel that the 5th and 6th Generation models were the equal of the superb 4th.
mmarshall is offline  
Old 12-09-14, 01:45 PM
  #8  
pbm317
Lead Lap
 
pbm317's Avatar
 
Join Date: Apr 2002
Location: Virginia
Posts: 4,888
Received 10 Likes on 8 Posts
Default

Originally Posted by mmarshall
Who says you will like the 2016 model any more than the 2015? Though there are some exceptions, the general trend with many new or redesigned vehicles is to use thinner and thinner materials, smaller and smaller power plants (sometimes with turbos), lower and lower profile tires, and ride more stiffly. I'm not necessarily saying this will happen with the next-generation RX, but my point is that if you like the 2015 model, I wouldn't lose sleep waiting for the 2016....especially if you get a 2015 at a good price.

Just my own $02.
Did you even look at the link? the original post is referencing a pre-owned 2013, so they're not considering a brand new 2015 at all, and they're not saying they're considering waiting for the new 2016.
pbm317 is offline  
Old 12-09-14, 02:01 PM
  #9  
mmarshall
Lexus Fanatic
 
mmarshall's Avatar
 
Join Date: Oct 2003
Location: Virginia/D.C. suburbs
Posts: 90,505
Received 83 Likes on 82 Posts
Default

Originally Posted by pbm317
Did you even look at the link? the original post is referencing a pre-owned 2013, so they're not considering a brand new 2015 at all, and they're not saying they're considering waiting for the new 2016.
He/she mentioned the 2015, the discounts/incentives, and the possibility of waiting for the 2016.
mmarshall is offline  
Old 12-09-14, 02:03 PM
  #10  
doge
Formerly Bad Co
 
doge's Avatar
 
Join Date: Dec 2013
Location: Chicago
Posts: 1,041
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by mmarshall
Who said it would be crap? Not me. I said we'll have to wait and see. Many ES owners, for example, don't feel that the 5th and 6th Generation models were the equal of the superb 4th.
You all but said by assuming its going to be a worse vehicle, 9 times out of 10 the successor is better than the predecessor. If they don't like the 16, they can always buy a 14 nothing worse than having buyers remorse.
doge is offline  
Old 12-09-14, 02:03 PM
  #11  
pbm317
Lead Lap
 
pbm317's Avatar
 
Join Date: Apr 2002
Location: Virginia
Posts: 4,888
Received 10 Likes on 8 Posts
Default

Originally Posted by mmarshall
He/she mentioned the 2015, the discounts/incentives, and the possibility of waiting for the 2016.
But they're using discounts on 2015's as a basis that they feel they shouldn't be paying over $40K out the door on the used vehicle referenced in the link. Not that they're waiting for the 2016 or buying a 2015.
pbm317 is offline  
Old 12-09-14, 02:12 PM
  #12  
mmarshall
Lexus Fanatic
 
mmarshall's Avatar
 
Join Date: Oct 2003
Location: Virginia/D.C. suburbs
Posts: 90,505
Received 83 Likes on 82 Posts
Default

Originally Posted by pbm317
But they're using discounts on 2015's as a basis that they feel they shouldn't be paying over $40K out the door on the used vehicle referenced in the link. Not that they're waiting for the 2016 or buying a 2015.
The article (from what I could tell) did not state the vehicle's mileage, but KBB shows a 2013 RX without the F-Sport package, with average (27,000) miles, in very good condition, CPO'ed at $38,900. It could (?) be worth 40K if well-equipped. The CPO process, of course, usually adds to the value. Brand-new RX's though, start at $40,900, so I myself would probably get a new one before even a CPO.

Last edited by mmarshall; 12-09-14 at 02:16 PM.
mmarshall is offline  
Old 12-09-14, 03:10 PM
  #13  
pbm317
Lead Lap
 
pbm317's Avatar
 
Join Date: Apr 2002
Location: Virginia
Posts: 4,888
Received 10 Likes on 8 Posts
Default

Originally Posted by mmarshall
The article (from what I could tell) did not state the vehicle's mileage, but KBB shows a 2013 RX without the F-Sport package, with average (27,000) miles, in very good condition, CPO'ed at $38,900. It could (?) be worth 40K if well-equipped. The CPO process, of course, usually adds to the value. Brand-new RX's though, start at $40,900, so I myself would probably get a new one before even a CPO.
What article? The link is a post from Park Place Lexus on a vehicle they have for sale, with 22,751 in miles, and pretty well loaded. With that many options the MSRP would hit just over $50,000. New buyers could pick up a 2015 for ~$45-46,000 before taxes. So a CPO'ed 2013 with similar options would likely be somewhere in the mid to upper 30's, close to your kbb estimate, 40K all in could be possible, but it's hard to say exactly how much a dealer is into a used car for, and depends on the market, etc.
pbm317 is offline  
Old 12-09-14, 03:19 PM
  #14  
blacksc400
Car Chat Moderator
iTrader: (4)
 
blacksc400's Avatar
 
Join Date: Jan 2003
Location: Las Vegas!
Posts: 10,143
Received 2 Likes on 2 Posts
Default

Originally Posted by pbm317
Did you even look at the link? the original post is referencing a pre-owned 2013, so they're not considering a brand new 2015 at all, and they're not saying they're considering waiting for the new 2016.
^^^^^ This
blacksc400 is offline  
Old 12-09-14, 03:28 PM
  #15  
LazarusLng
Pole Position
 
LazarusLng's Avatar
 
Join Date: Nov 2014
Location: MI
Posts: 257
Received 4 Likes on 3 Posts
Default

Originally Posted by EthanV
People are getting huge discount on the 2015 Rx. The 2016 redesign is around the corner. I really not want to spend over 40k for an almost dated model. Is it possible to get this one at 40k drive out?I made a posted on the 3rd gen RX but I got no help except one reply. Thanks a lot! http://www.parkplace.com/lexus/grape...s-rx-350-g5758
Wait until the end of the month. You might be able to make a much better deal. That one last sale might mean the difference in getting incentive for the month.
LazarusLng is offline  

Thread Tools
Search this Thread
Quick Reply: I need help on RX price please!



All times are GMT -7. The time now is 10:07 AM.