Btmnk21

iTrader: (1)

I want to start a thread to post purchase price (not MSRP, but how much you paid) and options. I think it will give people a good idea of what to expect when they go in to the dealer since sites like kbb.com and edmunds.com are lacking information at the moment.

Post away you 2010 owners!

itrcb4

Ordered one for $800 US off MSRP. Not sure if I lucked out or not but others have been paying close to MSRP as far as I know.

Joeb427

iTrader: (1)

The discount probably depends on dealers stock of '09s.
Once the '09s are gone,the '10s will be discounted big.
The economy isn't going to improve for quite awhile.

Btmnk21

iTrader: (1)

Most people say to expect MSRP for a while, but I have already read stories of people getting just under that price. I think once Feb/March sales come out and are just as bad as January and last year the discounts have to happen. Selling little cars and making $5K profit on each, or selling more cars and making $2K probably is better for a consumer based and manufacturing based economy.

Little off topic: Before the recession hit big last fall I was planning on using this tool "Buyer's Offer Spreadsheet for new cars" to start discussions with the dealer. http://www.carbuyingtips.com/download.htm.

Any comments/thoughts/stories on whether this is still the route to go? Or is a brand new car generally MSRP only?

rcf8000

I ordered one at $1000 off of MSRP.

tfischer

I have only talked to my dealer in generalities so far, but he did say that there is not much discounting of the '10s at this time (which I figured); then he did say that they would do what they could to accommodate good customers, which was a reference to the 2 Lexus cars I own now, and my previously owned SC400 (a great and beautiful car). We shall see how much this appreciation is worth.
For shoppers, there are some other places to cut the net purchase price after you get the best price from your dealer. I noticed that my Lexus credit card has some accumulated points worth almost $2,000.00 toward a new car purchase; the deal is that these points redeem for 3 or 5 times more at Lexus than at airlines or car rentals; when applied to a new car purchase, however, there is a 10% limit, so no free cars for points. So there's a savings and it makes sense to apply these points to a car purchase rather than travel.
Also, the newly passed legislation that nobody read before voting on it (why do we keep electing these same clowns) allows an income tax deduction for sales tax paid on a new car purchase during 2009, and is not limited to US cars; this deduction is worth the sales tax paid for the vehicle times your marginal tax bracket.
Finally, some states charge sales tax on the new car purchase price; some (like Ohio) levy the sales tax on the difference between the new car sales price and the trade in value given by the dealer, as long as both cars are titled in the same state; some states actually give you a choice (Indiana); check on this if you are doing a trade in which is an even bigger savings on the sales tax.
Finally, I'm going to see if I can call it a business car and write the whole thing off.

leo.cheng

hey guys!

maybe to make this even better, we can type what options or package you have in your purchase with the purchase price

ggebhardt

I am betting in the coming months you will see the price drop below MSRP a good bit. I do not blame Lexus for getting as close to MSRP as they can on a new model but that will not last for long. My salesperson says MSRP will not hold up for long, not with what is going on with the economy

The G Man

Trust me, the dealers makes more than $5000 on the RX if they are selling it at MSRP.

sportsfan8

I emailed a few local dealers and all have said MSRP on the 2010 RX. I said I wanted to buy at or below invoice and he just laughed and said, wait until 2011.

Doesn't hurt to ask, right?

Btmnk21

iTrader: (1)

Ha! That's really funny. No kidding.

I don't think they would take invoice or below so soon. From what I hear on this forum, people still have money to spend, and these people are apparently Lexus owners (luxury car owners in general). Just have to give it some time and let the economic pain hit them too.

Once the Feb and the March sales numbers get posted the dealers will have no excuses and will have to lower prices. I doubt it last till 2011. Car sales are off by 50% in general this year already. Lexus and Toyota are not immune either no matter what people on this forum post. And one new model is not going to boost sales to '08 levels. I'm waiting till end of April and then seeing what's available. If they give me the "MSRP or no deal" routine, then fine I can wait, but can they? Or I'll go see what another brand is offering....

KeysRx300

Looking at sales for last year. RX sales only went down 6 percent from February 2008

RX350/400h Feb 2008 6,218 Feb 2009 6,956 Percent change -6.9

With the RX Lexus best seller. It may take awhile. For me I am going to wait till Christmas. And see what they have.

kietlander

im actually an autobroker and i just bought three for around 42k. if anyone is interested i can show you where to get good deals.

jimxo

I would not buy one at 1000 below invoice.

Joeb427

iTrader: (1)

The '09s were being sold at invoice and under which helped those numbers.
Just wait a few months and they'll be discounting the '10 RX big.