Holy price hike?
05-26-15, 12:06 PM
#16
Hopefully it was out of thin air otherwise I'll cross it off my list. I understand Lexus wants to make the RX more upscale, but what is going to fill the current RX shoes if the price gap is huge? I have no intentions of buying an NX300h (too small, not enough power). I suppose my only option would be to buy a used 3RX.
05-26-15, 04:58 PM
#18
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In Canada back in 2009, the 3RX was about Cad$15k less than a similar spec BMW X5 or MB M-Class or Audi Q7. It looks like Lexus is finally catching on to the European car maker business model (have cars at every price point and size) by introducing a lower end smaller cross over (NX) and pushing their larger best selling model up in price.
I havent seen Canadian prices for the 4RX yet, but I am confident that the new RX with common options (not F-Sport though) will come in at around Cad$65k plus tax which is about Cad$7k more than the 3RX but still Cad$10k less than a current model X5/ML/Q7.
Finally cars in Canada are cheaper than in USA after so many years of it being the other way around
I havent seen Canadian prices for the 4RX yet, but I am confident that the new RX with common options (not F-Sport though) will come in at around Cad$65k plus tax which is about Cad$7k more than the 3RX but still Cad$10k less than a current model X5/ML/Q7.
Finally cars in Canada are cheaper than in USA after so many years of it being the other way around
Last edited by euroja153; 05-26-15 at 05:07 PM.
05-28-15, 12:23 PM
#19
I expected a considerable price hike. Lexus has set up the vehicles precisely for this to happen....the same as other manufacturers. Take Porsche...the base price for the Cayenne used to be just below $50K. A pretty good deal for a Porsche. The Macan came out and came with a.....$49K starting price. Of COURSE they had to hike the price of the Cayenne. Yes, they put additional goodies into it, with new engines, and new headlights, but they hiked the base price by more than $10K.
I got my RX F sport for $51K....MSRP was around $52K I think. Now, a fully loaded NX F sport goes for $47K. It would make NO sense to keep the pricing of the new RXs even close to that. They need separation between the vehicles price wise, and that is what they will do. They will justify the price of the RX because of all the new tech (adaptive cruise control???), a bigger, more fuel efficient engine, adjustable suspension, etc, with the theory that if the RX is too expensive, customers will get the NX. I expect the base RX F sport price (with whatever standard equipment is comes with) to be at least $58K. Add the HUD and few other options and you will reach $64-65K easily. While the new RX may be a big step up from the previous gen, I think this move will ultimately move buyers away from the RX. From a value perspective, Acura's MDX and RDX are much better than the comparative Lexus offerings. That may be the way I go if the price of the 2016 RX is, indeed, above $58K. A fully loaded AWD RDX (with lane keep assist, adaptive cruise, ventilated seats, auto wipers, etc) goes for $44K. And you get a V-6 with 280hp/253ft-lb, which gets you 0-60 in 6.1 seconds....no dealing with the piddly turbo-four in the NX.
I got my RX F sport for $51K....MSRP was around $52K I think. Now, a fully loaded NX F sport goes for $47K. It would make NO sense to keep the pricing of the new RXs even close to that. They need separation between the vehicles price wise, and that is what they will do. They will justify the price of the RX because of all the new tech (adaptive cruise control???), a bigger, more fuel efficient engine, adjustable suspension, etc, with the theory that if the RX is too expensive, customers will get the NX. I expect the base RX F sport price (with whatever standard equipment is comes with) to be at least $58K. Add the HUD and few other options and you will reach $64-65K easily. While the new RX may be a big step up from the previous gen, I think this move will ultimately move buyers away from the RX. From a value perspective, Acura's MDX and RDX are much better than the comparative Lexus offerings. That may be the way I go if the price of the 2016 RX is, indeed, above $58K. A fully loaded AWD RDX (with lane keep assist, adaptive cruise, ventilated seats, auto wipers, etc) goes for $44K. And you get a V-6 with 280hp/253ft-lb, which gets you 0-60 in 6.1 seconds....no dealing with the piddly turbo-four in the NX.
Last edited by viperdoc; 05-28-15 at 12:28 PM.
05-28-15, 03:27 PM
#20
I couldn't agree with you more. I am waiting patiently for the 4th gen, but if the pricing is as high as is suggested, then for the same $$ I am looking at the Porsche or, to save a few thousand, at Acura. I am certainly not interested in the turbo 4. Hopefully, but I doubt it, pricing will not be so high.
05-28-15, 09:09 PM
#21
I couldn't agree with you more. I am waiting patiently for the 4th gen, but if the pricing is as high as is suggested, then for the same $$ I am looking at the Porsche or, to save a few thousand, at Acura. I am certainly not interested in the turbo 4. Hopefully, but I doubt it, pricing will not be so high.
Last edited by viperdoc; 05-28-15 at 09:45 PM.
05-29-15, 12:02 AM
#22
Lexus Test Driver
I expected a considerable price hike. Lexus has set up the vehicles precisely for this to happen....the same as other manufacturers. Take Porsche...the base price for the Cayenne used to be just below $50K. A pretty good deal for a Porsche. The Macan came out and came with a.....$49K starting price. Of COURSE they had to hike the price of the Cayenne. Yes, they put additional goodies into it, with new engines, and new headlights, but they hiked the base price by more than $10K.
I got my RX F sport for $51K....MSRP was around $52K I think. Now, a fully loaded NX F sport goes for $47K. It would make NO sense to keep the pricing of the new RXs even close to that. They need separation between the vehicles price wise, and that is what they will do. They will justify the price of the RX because of all the new tech (adaptive cruise control???), a bigger, more fuel efficient engine, adjustable suspension, etc, with the theory that if the RX is too expensive, customers will get the NX. I expect the base RX F sport price (with whatever standard equipment is comes with) to be at least $58K. Add the HUD and few other options and you will reach $64-65K easily. While the new RX may be a big step up from the previous gen, I think this move will ultimately move buyers away from the RX. From a value perspective, Acura's MDX and RDX are much better than the comparative Lexus offerings. That may be the way I go if the price of the 2016 RX is, indeed, above $58K. A fully loaded AWD RDX (with lane keep assist, adaptive cruise, ventilated seats, auto wipers, etc) goes for $44K. And you get a V-6 with 280hp/253ft-lb, which gets you 0-60 in 6.1 seconds....no dealing with the piddly turbo-four in the NX.
I got my RX F sport for $51K....MSRP was around $52K I think. Now, a fully loaded NX F sport goes for $47K. It would make NO sense to keep the pricing of the new RXs even close to that. They need separation between the vehicles price wise, and that is what they will do. They will justify the price of the RX because of all the new tech (adaptive cruise control???), a bigger, more fuel efficient engine, adjustable suspension, etc, with the theory that if the RX is too expensive, customers will get the NX. I expect the base RX F sport price (with whatever standard equipment is comes with) to be at least $58K. Add the HUD and few other options and you will reach $64-65K easily. While the new RX may be a big step up from the previous gen, I think this move will ultimately move buyers away from the RX. From a value perspective, Acura's MDX and RDX are much better than the comparative Lexus offerings. That may be the way I go if the price of the 2016 RX is, indeed, above $58K. A fully loaded AWD RDX (with lane keep assist, adaptive cruise, ventilated seats, auto wipers, etc) goes for $44K. And you get a V-6 with 280hp/253ft-lb, which gets you 0-60 in 6.1 seconds....no dealing with the piddly turbo-four in the NX.
Your point on the Acura MDX is well taken and if you were to go a bit downstream even the Ford Edge offers a decent amount of technological goodies that I'd consider buying for my daughter. The sport edge offers a 315 HP V6 & 350lb-ft torque. Not sure she needs that but hey, nice option.
05-29-15, 02:22 PM
#23
Lexus Fanatic
05-29-15, 02:58 PM
#24
Lexus Test Driver
Thread Starter
Yep exactly right. If I'm paying $65k I'm getting a cayenne. The only reason I'm not driving one now is because the one I wanted was $66K and the RX was a better deal. It won't be if the price goes way up. It will just be a significantly more expensive Lexus with an identity crisis, and the Porsche blows it out of the water
05-29-15, 03:19 PM
#25
Lexus Fanatic
$65,000 doesn't get you much of a Cayenne lol
I have no doubt a loaded 4RX will approach $65k.
I have no doubt a loaded 4RX will approach $65k.
05-29-15, 05:37 PM
#26
Yep exactly right. If I'm paying $65k I'm getting a cayenne. The only reason I'm not driving one now is because the one I wanted was $66K and the RX was a better deal. It won't be if the price goes way up. It will just be a significantly more expensive Lexus with an identity crisis, and the Porsche blows it out of the water
05-29-15, 05:38 PM
#27
Lexus Fanatic
And I seriously doubt someone is going to shop a FWD based RX with a Porsche Cayenne...
05-30-15, 12:56 PM
#28
$65k is base Cayenne with leather... You are right that F-Sport will likely be around $65k loaded... but there is a wast difference between the two... base RX350h with 18" wheels and leather will likely be between $15k and $20k less expensive than Cayenne, and loaded models will be even more of an difference... Porsche is probably bad comparison, it should be compared to X5 or Q7.
So you would guess that the base RX $45k -$50k??
05-31-15, 05:57 AM
#30
Moderator
...and as a comparison point in-line with RXSF's '11, my fully-loaded (including PCS, Nav, HUD, ML, Parking Assist, Comfort, Luxury & Towing Pkgs, etc) 2013 RX450h also had a sticker of $63K including destination charges.
I won't even try to guess what the new MSRP will be at this stage as I firmly believe it's anyone's guess outside Lexus' Executive Suites. Setting consumer price is a huge balancing act. As I've said though, I do believe most auto mfgrs tend to do a major price reset if there is going to be one with new generation introductions, and more limited price increases MY-to-MY within the same gen as their need and ability to recoup development cost in out years goes down -- history IMHO, not just with the 3RX, points that way. I fully expect the RX to go up and reposition itself with a wider MSRP gap above what we see with the relatively new NX and 3rd Gen RX today. We'll then have to see if the perhaps younger and more social-media vocal potential buyers Lexus seems to be targeting with 4th gen design elements, have the dollars, stop talking, and step up to the plate to actually purchase more volume than more stodgy past owners like me may do -- I hope so for Lexus' sake.
I won't even try to guess what the new MSRP will be at this stage as I firmly believe it's anyone's guess outside Lexus' Executive Suites. Setting consumer price is a huge balancing act. As I've said though, I do believe most auto mfgrs tend to do a major price reset if there is going to be one with new generation introductions, and more limited price increases MY-to-MY within the same gen as their need and ability to recoup development cost in out years goes down -- history IMHO, not just with the 3RX, points that way. I fully expect the RX to go up and reposition itself with a wider MSRP gap above what we see with the relatively new NX and 3rd Gen RX today. We'll then have to see if the perhaps younger and more social-media vocal potential buyers Lexus seems to be targeting with 4th gen design elements, have the dollars, stop talking, and step up to the plate to actually purchase more volume than more stodgy past owners like me may do -- I hope so for Lexus' sake.
