Go Back   Club Lexus Forums > Lexus Model Forums > LS Models > LS460, LS460L and LS600h
Sign in using an external account
Register Forgot Password?

2013 Leftover LS460L

Reply
 
 
 
 
Thread Tools Search this Thread Display Modes
Old 05-07-14, 05:39 PM   #1
Luckyme
Driver School Candidate
Trader Score: (0)
 
Luckyme's Avatar
 
Join Date: May 2014
Location: Kentucky
Posts: 11
Default 2013 Leftover LS460L

Hi All, I'm new here, and looking to buy a new LS460. I drove both the 2014 standard LS460 AWD, and F Sport, but prefer the standard. However, I came upon a special order 2013 460L, AWD, new with 600 miles at the dealer. They said it was a special order, but cancelled, w/ no executive seat package, but has LED Headlights, Heated Steering wheel, 19" wheels, semi Angeline leather trim, Mark Levingston, Blind spot monitor. Equipped perfect for me, and right color..... MSRP $ 88K.
What would be a really good price to pay? Seems like about $74K is right, based on used values, but it is considered new by dealer, but not by me. Dealer has had for about 9 months! Should be a steal, but they seem to be holding back selling to me, and a cash deal? What should I be willing to pay?
This ad is not displayed to registered members.
Register your free account today and become a member on Club Lexus!
Luckyme is offline   Reply With Quote
Old 05-07-14, 06:18 PM   #2
peteybabes
Lead Lap
Trader Score: (0)
 
peteybabes's Avatar
 
Join Date: Jul 2012
Location: Ohio
Posts: 526
Peter Kenimer
Default

Wow! sounds like a possible incredible deal.

$14K less sounds like a bit of a stretch though! You will not be getting CPO warranty but new factory warranty which is a huge benefit for one, and at 600 miles, it really has been used too much at all.

let other's put their opinions in place, but maybe $80K sounds more fair?

**btw which dealership are you looking at? Lexus RiverCenter or...?
__________________
2007 LS 460 L - Smokey Granite Mica with Gray interior. Has the Executive Class Seating Package. Minor mods include full white LED interior lights swap, Crystal "start" ring, upgraded "hybrid" gray birdseye maple/chrome shift ****, HID fogs, 2 sets of wheels and a bunch of plans/dreams!

SOLD: 2001 LS 430 UL - Silver on Ecru with several mods
peteybabes is offline   Reply With Quote
Old 05-07-14, 06:44 PM   #3
Lextrician
Lexus Test Driver
Trader Score: (0)
 
Join Date: Apr 2011
Location: Wa
Posts: 1,255
ojay juice henry dutty juice
Default

I agree it will be hard to haggle 14k less but you will be able to massage that price lower......that does sound like a nice deal though..
__________________
07 g35 sedan - wifey whip
04 yukon denali daily driver and people mover!!
08 swb 460- Ridding durrty..
Lextrician is offline   Reply With Quote
Old 05-08-14, 06:33 AM   #4
waynedog
Driver
Trader Score: (0)
 
Join Date: Sep 2009
Location: sc
Posts: 101
Default

The minute you drive it off the lot it will be worth ~$70k (value of a used 2013 460L with 600 miles). So anything you pay over $70k is what you are essentially paying for the car as you will have a car worth $70k when you are done. So if you pay $80k, you are giving up $10k to get the car. If I were buying it, I would not pay more than $75k.
waynedog is offline   Reply With Quote
Old 05-08-14, 07:07 AM   #5
riknchar
Driver
Trader Score: (0)
 
Join Date: Aug 2013
Location: Nebraska
Posts: 132
Default

The Lexus of Omaha dealer had one or two leftover 2013 LS460s that were selling for roughly $10K below sticker price a couple of weeks ago. I'd think you'll be able to get at lease $10K knocked off, but I would definitely start the bidding lower ($14K off seems like a good starting point). Good luck! Sounds like a great time to buy a new LS460L AWD!
riknchar is offline   Reply With Quote
Old 05-08-14, 09:47 AM   #6
Nospinzone
Moderator
Trader Score: (0)
 
Nospinzone's Avatar
 
Join Date: Mar 2007
Location: MA
Posts: 2,299
Default

Quote:
Originally Posted by Luckyme View Post
What would be a really good price to pay? Seems like about $74K is right, based on used values, but it is considered new by dealer, but not by me. Dealer has had for about 9 months! Should be a steal, but they seem to be holding back selling to me, and a cash deal? What should I be willing to pay?
I think $74K would be a bit aggressive. I have 6 Lexus dealers within 75 miles of me so that gives a buyer some advantage. I don't know how many dealers you could reasonably purchase from.

Nevertheless, I think $74K is a good starting point, maybe even start a little less. It's better for you to start low and bargain up than to start high at the dealer's offer and bargain down.

I understand that with 600 miles you do not consider it new, but as long as the car has never been registered, it is considered new.

Actually paying cash is a negative to the dealer. They want you to finance through them because there is more profit in it for them. They may even give you a higher price for cash and a lower one if you finance. If you really get serious about the car let me know and I'll give you a tip on how to deal with that.
__________________
07 LS460 SWB
08 Ferrari 612 Scaglietti
03 HD CVO Screaming Eagle Deuce
Nospinzone is offline   Reply With Quote
Old 05-08-14, 09:58 AM   #7
islandbeef
Lead Lap
Trader Score: (0)
 
islandbeef's Avatar
 
Join Date: Feb 2014
Location: SD/SoCal 858
Posts: 452
Default

Cash is king, no matter what people say. It puts you in the driver's seat, no pun. If they want to play games, take your business (and your cash) somewhere else.

You're looking out for yourself, not these leeches.
__________________
'13 GSF RWD - Stock - 15% Tint - Daily Driver

Retired: 2011 Acura TSX Sport Wagon, 2008 Acura MDX Tech, 2000 Lexus LX-470, 1999 BMW 528i Sport Touring, 2001 BMW 740i Sport, 2000 Land Rover Discovery II, 1994 Acura Legend L Sedan
islandbeef is offline   Reply With Quote
Old 05-08-14, 12:00 PM   #8
sktn77a
Lexus Champion
Trader Score: (1)
 
sktn77a's Avatar
 
Join Date: Oct 2002
Location: Chapel Hill, NC
Posts: 1,850
Default

Dealers don't give a hoot about cash. In fact, they prefer not to have a cash deal as it deprives them of additional profit on the loan. Don't mention cash until after you have agreed upon a price. This is a 2 year old car now - when the dealer sees you walking out the door, they will deal and deal heavily! Suggestion is to do as much negotiation over the phone (with the internet sales manager, if they have one) - you're at a disadvantage on their turf.
__________________
Keith

2010 Toyota Prius
2008 Lexus IS250
2007 Lexus LS460
2005 Toyota Prius
1999 Lexus RX300 AWD
sktn77a is offline   Reply With Quote
Old 05-08-14, 01:13 PM   #9
lbintab
Lexus Test Driver
Trader Score: (0)
 
lbintab's Avatar
 
Join Date: Aug 2010
Location: CA
Posts: 1,060
Lbintab
Default

Yeah don't tell them cash. Work out the price of the car and not the monthly payments. Then pull out the cash. I would start negotiating prices as low as you can without them walking away from the table. Personally I would start by asking for their invoice price. Make an offer at or above that. And stick to it.
__________________
LBINTAB
Endless Projects
LS460L
Blox Evolution Teaser Video

Blox Evolution behind the camera
lbintab is offline   Reply With Quote
Old 05-08-14, 02:44 PM   #10
Nospinzone
Moderator
Trader Score: (0)
 
Nospinzone's Avatar
 
Join Date: Mar 2007
Location: MA
Posts: 2,299
Default

Quote:
Originally Posted by islandbeef View Post
Cash is king, no matter what people say.
Island, that's true if the business doesn't sell financing. If you don't have the cash they either have to take a credit card (which they don't want to do), or wait and hope you get financing from some third party. If they do sell financing, cash is the last thing they want to see.

If you want to see this real time, go into a dealer and negotiate your best cash price for a car. Then at the last minute tell the dealer that you would rather finance the deal through them. Ask them what the new negotiated price will be. On an LS model they will reduce the price at least $1000 and probably more depending on the MSRP. A 600hL will get you at least $2000 off the cash price.

There's a ton of profit in financing.
__________________
07 LS460 SWB
08 Ferrari 612 Scaglietti
03 HD CVO Screaming Eagle Deuce
Nospinzone is offline   Reply With Quote
Old 05-08-14, 02:56 PM   #11
Ascari_2
Pole Position
Trader Score: (0)
 
Ascari_2's Avatar
 
Join Date: Sep 2001
Location: IL
Posts: 279
Send a message via AIM to Ascari_2
Default

Quote:
Originally Posted by islandbeef View Post
Cash is king, no matter what people say. It puts you in the driver's seat, no pun. If they want to play games, take your business (and your cash) somewhere else.

You're looking out for yourself, not these leeches.
A bit of a side track, but you must be the only one in the world with a `13 GSF!
__________________
11 LS460L
94 Supra T
Ascari_2 is offline   Reply With Quote
Old 05-09-14, 04:07 PM   #12
pmiller
Driver
Trader Score: (0)
 
Join Date: Jan 2013
Location: SC
Posts: 177
Default

Quote:
Originally Posted by Nospinzone View Post
Island, that's true if the business doesn't sell financing. If you don't have the cash they either have to take a credit card (which they don't want to do), or wait and hope you get financing from some third party. If they do sell financing, cash is the last thing they want to see.

If you want to see this real time, go into a dealer and negotiate your best cash price for a car. Then at the last minute tell the dealer that you would rather finance the deal through them. Ask them what the new negotiated price will be. On an LS model they will reduce the price at least $1000 and probably more depending on the MSRP. A 600hL will get you at least $2000 off the cash price.

There's a ton of profit in financing.
If this is the case, negotiate a finance deal and pay it off immediately. Cash is king, if you got it. If you have $75K cash to spend on a car...awesome for you!!! Play all the games you want...they play them too. Get the car and enjoy. I paid $48K for a 2010 LS LWB in November 2012. Did I pay too much? Maybe???? It was my dream car. I searched a long time (5 years) for a large luxury sedan and realized the 460 was the right choice. The LWB was something I wanted, but didn't have to have. I have no regrets at all. Plus, I turned 40. So, the perfect time to splerg.

Later!!!!
pmiller is offline   Reply With Quote
Old 05-10-14, 02:36 PM   #13
Luckyme
Driver School Candidate
Trader Score: (0)
 
Luckyme's Avatar
 
Join Date: May 2014
Location: Kentucky
Posts: 11
Default

Hey All, thanks for the great recommendations and suggestions. I'm now the proud owner of a 2013, New LS460L. I'm pleased with the deal, even though $2K above what I planned to spend, but still $11K of MSRP. Ended up at $77K, and ended up trading in a 2013 Avalon LTD. , so I do not need to sell outright. They gave me NADA trade in value, so I'm OK with that.
The car is fantastic. I'm very impressed with the technology, ride, style, and overall quality.
As a side note, my wife and I have owned a company that is a tier 1 supplier to Toyota and 7 Toyota Plants in North America are our largest customers. We provide factory automation, robotics, and engineering services. We just sold our company, and still oversee the operations of our 4 locations. We are still very tightly tied in to Toyota. We've been to Toyota City in Japan, toured their factories, and Toyota/Lexus are top notch. I've owned a 1992 LS400 , and. 1999 RX300. But since, many other Toyota's and some German vehicles. It's nice to be back in a Lexus, especially the Flagship of the line.

Last edited by Luckyme; 05-10-14 at 02:51 PM..
Luckyme is offline   Reply With Quote
Old 05-10-14, 03:11 PM   #14
greg3852
Pole Position
Trader Score: (0)
 
greg3852's Avatar
 
Join Date: Mar 2014
Location: Massachusetts
Posts: 338
Default

Congrats on the purchase. Enjoy it. WE NEED PICTURES!!
__________________

2007 LS 460 SWB Smoky Granite Mica
2000 HD Wide Glide
greg3852 is offline   Reply With Quote
Old 05-10-14, 04:04 PM   #15
hfahmy
Pole Position
Trader Score: (0)
 
Join Date: Oct 2005
Location: GA
Posts: 201
Default

Congratulations! Great buy! Post pictures.
hfahmy is offline   Reply With Quote
Old 05-10-14, 04:04 PM
 
 
 
 
Reply

Tags
2013, cash, dealer, ls460l, november

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
2013 GS with F Sport..Good Deal? gg2012 GS - Fourth Generation 8 12-27-13 07:15 AM
***LS460 | LS460L | LS600hL FAQ (Frequently Asked Questions) DIY/Info Thread*** Tee LS460, LS460L and LS600h 0 08-30-13 08:04 PM
Mark Levingston Questions NickLei GS - Third Generation 20 12-30-12 10:10 AM
★ LS460 | LS460L | LS600hL FAQ (Frequently Asked Questions) and DIY Thread ★ FAQ & DIY LS460, LS460L and LS600h 0 04-13-01 04:00 AM

All times are GMT -7. The time now is 11:42 PM.

Join ClubLexus
Advertising


Copyright © 2000-2008 Internet Brands, Inc. All Rights Reserved
Privacy Policy | Disclaimer | Terms of Use | JOBS


Get all contact info