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January Factory Incentive on 2015 LX

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Old 12-27-15, 07:23 PM
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TomMartin
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Default January Factory Incentive on 2015 LX

Purchased a 2016 ES 300h Saturday...also have a 2004 Toyota Land Cruiser and the sales manager told me there is an "incentive" coming on the 2015 LXs...post Dec to Rem in January.

Unfortunately, not sure I want to spring for price of LX...even with an incentive. Would have to be pretty strong TomMartin
Old 12-28-15, 01:28 PM
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Bimmer32
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Any idea what the incentives are? Currently, my dealer will take about $11K off msrp of $92K which is about $81K plus TTL. What are your thoughts?
Old 12-28-15, 04:30 PM
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Originally Posted by Bimmer32
Any idea what the incentives are? Currently, my dealer will take about $11K off msrp of $92K which is about $81K plus TTL. What are your thoughts?
As a benchmark, that takes the price to around msrp for a '15 Land Cruiser.

Steve
Old 12-28-15, 06:16 PM
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mikeivan
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not sure why one would choose a 2015. 2016 interior is so much finer. I drove a 2016 demo, quiet as a tomb. I want.
Old 12-28-15, 09:19 PM
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rominl
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Originally Posted by mikeivan
not sure why one would choose a 2015. 2016 interior is so much finer. I drove a 2016 demo, quiet as a tomb. I want.
a 15k difference in current market price might tip it one way or another for buyers
Old 12-29-15, 07:27 AM
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Originally Posted by Bimmer32
Any idea what the incentives are? Currently, my dealer will take about $11K off msrp of $92K which is about $81K plus TTL. What are your thoughts?
Well, the moment you drive it off the lot, its worth about $70k, if that...
Old 12-29-15, 10:27 AM
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TomMartin
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When I was closing on a '16 ES for my wife yesterday I asked about a new (0 miles) 2014 LX that the dealership had recently sold. He indicated "about $75K". Not sure how accurate that was but about 6 months ago he threw out $80K for the 2014 after he heard my 2004 Toyota LC has 170K miles

My thought is that the 2015 Land Cruisers are going to sell below $70K for those dealers that want to clear them off their lots...maybe not much below $70K? Your thoughts? My guess is that $70K on the Land Cruiser version will be about as good as you get???

A couple of months ago I had an offer of $70K on a Dealer President Demo with 10K miles...

TomMartin

P.S. I have no idea WHAT the "factory incentive" might be...dealer said wait until 01/04/16 TMR
Old 12-29-15, 11:40 AM
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hankinid
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Originally Posted by mikeivan
not sure why one would choose a 2015. 2016 interior is so much finer. I drove a 2016 demo, quiet as a tomb. I want.
It's definitely no $15K "so much finer". :roll eyes:

Not to mention a front end that will age better than a '16 as well as a better transmission.

Steve
Old 12-29-15, 11:50 AM
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TomMartin
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Originally Posted by hankinid
It's definitely no $15K "so much finer". :roll eyes:

Not to mention a front end that will age better than a '16 as well as a better transmission.

Steve

I agree. In my case I am very comfortable with a '15 Land Cruiser assuming whatever amount of MSRP reduction and factory money that it is likely that a "new" 2015 LC will still be hopefully $10K less than a "new '15 LX??

I guess it is soon time to start looking at the inventory out there. I hope there are lots of '15 LCs still in stock??

TomMartin
Old 12-29-15, 03:49 PM
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hankinid
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Originally Posted by TomMartin
I agree. In my case I am very comfortable with a '15 Land Cruiser assuming whatever amount of MSRP reduction and factory money that it is likely that a "new" 2015 LC will still be hopefully $10K less than a "new '15 LX??

I guess it is soon time to start looking at the inventory out there. I hope there are lots of '15 LCs still in stock??

TomMartin
Be patient and willing to travel...they tend to go fast.

Steve
Old 01-05-16, 12:32 PM
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rominl
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so what's the incentive?
Old 01-05-16, 03:57 PM
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Bimmer32
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Originally Posted by rominl
so what's the incentive?
It looks like January 2016 has deeper discounts. From 92K msrp to 78K with the "potential for a few more if you come into the dealer." Someone said $15K off MSRP, and I think that is about right. Plus TTL which is about $4800. That means you can get a new 15' LX570 for ~$82.8K drive out price. Is that a good deal yet?
Old 01-05-16, 05:48 PM
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Originally Posted by Bimmer32
It looks like January 2016 has deeper discounts. From 92K msrp to 78K with the "potential for a few more if you come into the dealer." Someone said $15K off MSRP, and I think that is about right. Plus TTL which is about $4800. That means you can get a new 15' LX570 for ~$82.8K drive out price. Is that a good deal yet?
that's what dealership told you? i think that's a bit more discount than last month. i think 91-92k cars had been discounted to close to 80k last month, so now it's another 2k off and maybe a bit more
Old 01-06-16, 08:30 AM
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Bimmer32
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Yup. That is what the dealer sale person said. My wife said, $78K drive out price, and she will sign the paperwork with a gray/black combo. I believe most 15' in the Houston area is msrp at 92,745 which includes MK audio and pre-collision. Outside that, there's not much other option except for remote start and a few accessories.

Is she reasonable or wishful thinking?
Old 01-06-16, 09:16 PM
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78k otd in tx, that's 73k selling price? that's a bit hard i think


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