New Updates for 2014 GS!!
Lexus Fanatic
Joined: May 2012
Posts: 68,631
Likes: 4,045
From: Maryland
Lexus Fanatic
Joined: May 2012
Posts: 68,631
Likes: 4,045
From: Maryland
First of all...if the MSRP was $58k, the invoice was not $46k. Invoice is about $4,500 less than the MSRP, so invoice would have been around $54k. Lexus' holdback is 2% of the base MSRP, so thats $924. With the $3,300 in lease cash a zero deal would be $49,776. You're telling us your buddy lost $12,476 on that GS?
Something doesnt add up....even if you paid full MSRP for the RX, that much profit doesn't exist on the RX. Either this GS was not new, or there was a trade involved.
Something doesnt add up....even if you paid full MSRP for the RX, that much profit doesn't exist on the RX. Either this GS was not new, or there was a trade involved.
Pole Position
Joined: Sep 2007
Posts: 240
Likes: 0
From: Florida
First of all...if the MSRP was $58k, the invoice was not $46k. Invoice is about $4,500 less than the MSRP, so invoice would have been around $54k. Lexus' holdback is 2% of the base MSRP, so thats $924. With the $3,300 in lease cash a zero deal would be $49,776. You're telling us your buddy lost $12,476 on that GS?
Something doesnt add up....even if you paid full MSRP for the RX, that much profit doesn't exist on the RX. Either this GS was not new, or there was a trade involved.
Something doesnt add up....even if you paid full MSRP for the RX, that much profit doesn't exist on the RX. Either this GS was not new, or there was a trade involved.
Lead Lap
Joined: Oct 2002
Posts: 4,664
Likes: 18
From: TX
First of all...if the MSRP was $58k, the invoice was not $46k. Invoice is about $4,500 less than the MSRP, so invoice would have been around $54k. Lexus' holdback is 2% of the base MSRP, so thats $924. With the $3,300 in lease cash a zero deal would be $49,776. You're telling us your buddy lost $12,476 on that GS?
Something doesnt add up....even if you paid full MSRP for the RX, that much profit doesn't exist on the RX. Either this GS was not new, or there was a trade involved.
Something doesnt add up....even if you paid full MSRP for the RX, that much profit doesn't exist on the RX. Either this GS was not new, or there was a trade involved.
Lexus Fanatic
Joined: May 2012
Posts: 68,631
Likes: 4,045
From: Maryland
