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hi, i finally did it. the dealers ended up calling me back. a few of them today. a couple of them yesterday. i ended up one w/ the xm nav/ml MSRP of $51763 all for $44482. w/ the MF of .00085. yay!!! that was the best deal i got...i dealt w/ atleast 5 different dealers and none was as good as this. so i did it...and now, the headache is over. i still couldnt find anyone w/ the mf of .00125...nowhere! but im glad the search is over...i want to thank all of u guys for all of ur help. its has been sooooooo verrrrryyyy helpful.
thanks a million!
Lisa,
I have reservations regarding these numbers.
The MF and residual is established by Lexus Financial and is not negotiable (unless your dealer is using another institution for funding which I doubt considering at 3%, no bank would fund a lease at that rate). Current MF (as of 7/18) is 0.00125 with a 48% residual. I'm curious...what is the term (and monthly cost) of your lease and how much (if any) cap cost reduction did you contribute?
The MF and residual is established by Lexus Financial and is not negotiable (unless your dealer is using another institution for funding which I doubt considering at 3%, no bank would fund a lease at that rate). Current MF (as of 7/18) is 0.00125 with a 48% residual. I'm curious...what is the term (and monthly cost) of your lease and how much (if any) cap cost reduction did you contribute?
i read that the MF was .00125. but no dealers said that was the buyrate. my credit wasnt so good, so i got it at .00175 w/ 9 msd's it dropped to .00085. if i had tier 1+, the mf would be .00165. my terms were 36/15k. and .25 ea additional mile.
i did totally mimium. the only thing i did was put a 9 refundable sec. deposits. first months, reg. i did pay acc. fee which was $600 upfront. and $45 doc fee. my payments are $648 w/ tax.
I don't believe the MF is set in stone. Most dealers mark it up, and make a profit on it. For the three dealers I talked with, they all said the buy rate was .00165, and they were offering it to me at .00265. I ended up working it down to
.00195, and thats it. They wouldn't go any lower, and I have perfect credit. So, I am assuming that a MSD is 'multiple security deposits'? What is the difference between that and a down payment? Do you get that back at the end? What happens if the car gets totalled?
OK, newbie here, read a lot of good info here. To make a long story short, I have an old X-type (don't laugh) that's on it's last legs, so I need a new car. Seriously considered BMW 335xi, but am now decided on the GS 350 awd. I'm still in research mode but here is an internet quote I got from a local dealer here in the Cleveland area:
Internet Price - $*
A new 2007
GS 350 AWD with a navigation pkg MSRP of 50,596.00 , Colors Black / Black leather
Black / Gray leather , Black / Tan leather , Black Sapphire ( Dark Blue ) / Tan leather ,
Smokey granite / Black leather.
Buy for 47,805.00 plus doc,tax,plates,fees, I have 5.9% with Lexus thru 7/31 WAC no fees
I am financing, already have a 6.2% with my old credit union, so my questions to those of you with experience is how do I proceed from here? Do I counter, do I wait a couple of days before contacting the internet manager, if I buy, do I stay with my old reliable CU or negotiate an even lower rate than the 5.9% quoted? Hope these questions aren't too annoying and thanks for your input.
OK, newbie here, read a lot of good info here. To make a long story short, I have an old X-type (don't laugh) that's on it's last legs, so I need a new car. Seriously considered BMW 335xi, but am now decided on the GS 350 awd. I'm still in research mode but here is an internet quote I got from a local dealer here in the Cleveland area:
Internet Price - $*
A new 2007
GS 350 AWD with a navigation pkg MSRP of 50,596.00 , Colors Black / Black leather
Black / Gray leather , Black / Tan leather , Black Sapphire ( Dark Blue ) / Tan leather ,
Smokey granite / Black leather.
Buy for 47,805.00 plus doc,tax,plates,fees, I have 5.9% with Lexus thru 7/31 WAC no fees
I am financing, already have a 6.2% with my old credit union, so my questions to those of you with experience is how do I proceed from here? Do I counter, do I wait a couple of days before contacting the internet manager, if I buy, do I stay with my old reliable CU or negotiate an even lower rate than the 5.9% quoted? Hope these questions aren't too annoying and thanks for your input.
do they have a good supply of AWD models? how many dealerships are in ohio?
It's probably a lot harder to negotiate in your state.
I would call around, and then counteroffer. Don't take a break until after you've counteroffered several managers.
Thanks dunnojack, I believe this dealership has 3 or 4 awd's. There are 3 dealerships in the Greater Cleveland area, so I'll give the other two a call and see what happens - I have also called my cousin (actually, my cousin's husband) in Missouri and see what he can find out. He works for a bmw dealership there that shares a large several acre lot with Lexus, and can hopefully look into things for me down there.
Toyota and Lexus Join Mille Miglia For The First Time
Slideshow: A five-car lineup spanning more than five decades of Toyota performance and engineering will tackle one of Italy's most celebrated automotive routes.