LS - 4th Gen (2007-2017) Discussion topics related to the current flagship models LS460, LS460L and LS600H

What discount would you expect on a "new" 2013?

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Old 03-11-15, 07:56 AM
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RC350Fan
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Default What discount would you expect on a "new" 2013?

I've seen a handful of new 2013 LS460s online. There's one that's an F Sport that lists for $90k.

Given that these are 2 model years old and that discounts of $10k off of a 2015 LS is not uncommon, what's a reasonable discount off of a $90k 2013 that's new?

Also, any concerns about buying a 2013 that's been sitting around?

Thanks in advance folks. Hope to be a Lexus owner some day!
Old 03-11-15, 09:24 AM
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I've found that different dealerships offer different discounts. A lot depends on the competition. In a city with more than one Lexus dealership, you can expect to get better deals. If you are willing to travel to get the right price, you may want to look at all areas with more than one dealership. As for cars sitting around, I wouldn't necessarily throw up a red flag about that. With a full warranty at your disposal, you'll be fine. But, if you can get a new one for the same price as a 2013, go for the new one.
Old 03-11-15, 11:11 AM
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peteybabes
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Originally Posted by RC350Fan
I've seen a handful of new 2013 LS460s online. There's one that's an F Sport that lists for $90k.

Given that these are 2 model years old and that discounts of $10k off of a 2015 LS is not uncommon, what's a reasonable discount off of a $90k 2013 that's new?

Also, any concerns about buying a 2013 that's been sitting around?

Thanks in advance folks. Hope to be a Lexus owner some day!
Check out www.offleaseonly.com for some comparison...

they have a few 2013's on there right now for about $$48-$53K!
Old 03-11-15, 11:14 AM
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justjosh
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Is the car really brand new with low miles or was it a demo?
Old 03-11-15, 12:26 PM
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aypues
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I personally LOVE the new gen 8 nav interface in the 2015's and the way it handles music streaming for my devices is much better. I'd only get a '13 or '14 if it was a killer deal. otherwise I'd hold off til a '15 was preowned.
Old 03-11-15, 01:10 PM
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greg3852
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Originally Posted by peteybabes
Check out www.offleaseonly.com for some comparison...

they have a few 2013's on there right now for about $$48-$53K!
I've been eyeballing that place. Anyone on here ever buy from them?
Old 03-11-15, 01:43 PM
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Originally Posted by greg3852
I've been eyeballing that place. Anyone on here ever buy from them?
I believe someone has, as I became a believer/lurker on their website when it was mentioned a month or so ago...

If our household ever buys another Lexus it will most likely be from them as the shipping charges wouldn't be majorly offset compared to the savings.

Also note that they will come right out and tell you if the car has been in an accident and you may have to do some research to see what happened (usually minor) and they also offer a warranty themselves, so a great one-stop shop by the sounds of it.
Old 03-11-15, 02:49 PM
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Thanks. I notice their prices are pretty good, and the mileage is great. Not that I'm looking right now but I always keep my eyes open.
Old 03-11-15, 02:54 PM
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most of the cars sold by this place have history of accidents. I understand that this does not repel everyone but want to make sure that this is known.
Old 03-11-15, 03:04 PM
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They also ship their cars. Typical of what a luxury brand dealership would do.

I'm eye-balling these guys too.
Old 03-11-15, 03:18 PM
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Many of their cars aren't well-optioned as well.
Old 03-12-15, 06:47 AM
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peteybabes
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Originally Posted by hfahmy
most of the cars sold by this place have history of accidents. I understand that this does not repel everyone but want to make sure that this is known.
i wouldn't say most, but they report the smallest "parking lot incidents" as well that other dealers wouldn't even mention...
Old 03-12-15, 05:30 PM
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I don't know how is it now but a year or so ago they used to list all their cars on craigslist here in Atlanta and every car I checked had an accident on its carfax.
Old 03-12-15, 06:09 PM
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Originally Posted by peteybabes
i wouldn't say most, but they report the smallest "parking lot incidents" as well that other dealers wouldn't even mention...
I take it you mean their lot. Off Lease Only is a high-volume dealership; I'm guessing their business model is to buy cars at low prices and sell them at a relatively small profit compared to, say, a Lexus dealer selling used Lexuses.

This implies to me that OLO doesn't spend much, If any, time reconditioning and detailing their cars, and that they probably aren't very selective about the cars they buy for resale. A savvy buyer could probably find a good deal here eventually, but I think the buying experience will differ greatly from that at a reputable dealer. Not necessarily worse, just different.

If you're looking for at least the semblance of product knowledge and "handholding", I don't see how OFO can do that. They can't afford to spend a lot of time with a customer. OLO isn't my thing, but I can understand its appeal to others.
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