Was Ready to Purchase a GS!!
12-23-12, 05:48 PM
#46
Lol the salesmen said the same thing, I said silver has always been my choice. The only first is I have never owned a AWD GS so not sure how the difference will be but I guess I will see. Hey I was looking through the options the salesmen gave me and I see Bi-Xenon lights but does the F-Sport not come with adaptive lighting.
12-23-12, 06:56 PM
#48
Lexus Fanatic
Lol the salesmen said the same thing, I said silver has always been my choice. The only first is I have never owned a AWD GS so not sure how the difference will be but I guess I will see. Hey I was looking through the options the salesmen gave me and I see Bi-Xenon lights but does the F-Sport not come with adaptive lighting.
I'm interested to know your thoughts about the AWD as well. My buddy who got the 2010 GS350 AWD the same day I got my GS had a 2000 GS400, which was obviously RWD and he says he feels the front involved in the throttle and handling a little more than he'd like. I'm coming out of the FWD ES so its hard for me to say if thats the case...
12-23-12, 08:14 PM
#50
First off, let me applaud you for coming to the defense of the multi billion dollar auto industry, i guess its refreshing to see a little guy on thier side. The guy was offered 16k from one dealer and then got 23k. The fact that you dont see this as personal and completely within business ethics is refreshing, i guess. I dont know about you, but 7k is alot of money to me. I dont think its alot when compared to the hundreds of millions or billions Lexus makes per year, im glad your coming to the defense of the salesman who made this offer, good on you SW10ES
I looked at the used car website where i traded my car in at and it was listed for $24,995
I care...I was looking to help a fellow board member out. I would surely like someone to help me save 7K when buying a new car. The guy was offered 16k for his beautiful '07 GS450H and his visceral reaction was that he was low balled and turns out he was correct. We should start listing who these dealers are so we can warn future consumers not to go to them.
sorry buddy, wrong again and i never used "money grubbing", i called them villains and to what logic specifically are you talking about? "Its Sales 101 to never let the prospect leave without giving them your best pitch", well they let me walk out with just one offer on my trade in. They did not try to negotiate with me, they just tried to sell me excuses as to why they made such a low ball offer...lets see, do i want to work with someone who wants to negotiate, or someone who acts like a stereotypical car salesman?
they let me leave with just one offer on my trade, they didnt try to counter. I had the full intention of buying a car that day, i had 60k burning a hole in my pocket and they let me walk. The fact that i own a new 2013 GS should prove this statement in case you were wondering
good for you...i wasnt responding to your post. I was responding to a post that had an earily similar situation that i faced. Rather then let the guy take a huge loss on his trade, i offered my personal experience in the situation. I also offered my opinion of the dealer who tried to screw me over.
OK, but when the dealer is offering a similar car as mine on thier lot for 9k more i have a problem.
Again, i wasnt responding to your post, i was responding to someone who felt like they were getting screwed over by a dealership that makes millions upon millions of dolars a year. So i was trying to help the little guy save a few thousand dollars, i am glad you pointed that out. Thanks again for coming to the defense of the big brother corporate world
I dont care what the dealer wanted!!! the dealer makes miliions upon millions of dollars a year. I am spending 60k of my hard earned money on a brand new car, the dealer needs to know i have plenty of options but i chose them. They need to honor that and cater to me!!!
What about the consumers who arent informed and are paying these prices? i get it, "theres a sucker born every minute". Listen, there are two sides to these deals, the salesman and the consumer. I choose the side of the consumer every time and if i can arm them with some information to save them some of their hard earned money and keep it away from the multi million dollar corporations i am going to do it.
No i dont, what happened to the customer is always correct? I am spending 60k on a new car i need the dealer to cater to me, not try to sell me why my car isnt worth what the industry standards say. i am glad you think the consumer is just as much a villain as the multi million dollar corporation, it makes my point completely.
What data do you have that shows the car would have been listed for $25k and sold for $23-24k? Do you have comparable cars on the lot at this particular dealer and within the area that shows that? It can't be a car thats AWD vs RWD and a model year newer. RWD vs AWD in our region is a HUGE value differential.
If they make $7k and you're happy with the deal, who cares? We're all out there working to make a living. Don't worry about their profit margins, worry about structuring a deal that checks all your boxes. Hell, if you want to get top dollar, you can always spend your time advertising the car, being there for test drives, answering phone calls, dealing with no shows.
Your logic doesn't hold up. If it would have been so easy to make a deal with you where they could make $5-7k on the trade as well as the new car, if they're all "money grubbing" as you suggest...why didn't they do that? Its Sales 101 to never let the prospect leave without giving them your best pitch.
I just bought one of these cars and traded a car, and I've been in sales my whole life. When I put down for them what my bottom line was on the car, the deal, and the trade, they met it because they knew it was that or no deal. My position however was within the confines of the data on all fronts and was a doable deal. Like I said, they marked my trade up $3k which I think is more than reasonable.
Probably a coincidence. The dealers are all independently owned, and Lexus corp doesn't have any say in situations like this. Its simple supply and demand. The dealer was negotiating with you, just like you were negotiating with them. They're not going to open up with their best offer...they'd be stupid to do so.
Its not personal, its business. The dealer was trying to maximize their profit, you are trying to minimize your cost. So...by the same logic wasn't your negotiating an additional $2,500 for your trade trying to seperate the dealer from their profit? Was that personal? You speak as if someone owes you the best price and terms available...you don't get what you deserve in life...you get what you negotiate.
Its not a question of just making money. Its not enough to simply "make money" if you want to run a successful business. Its all about profit margins, they have to make a certain amount of money to make the deal work, otherwise they'll just sell it to the next person. The minimum threshold of profit that will work for them depends on the specific car you're interested in, time of the month, time of the year, incentives available, and demand for your trade. Maybe the dealer you did the deal with had someone looking for a CPO car similar to yours? Maybe they had less inventory and needed more? You have no way of knowing.
You gotta look at these things with a little more professional detachment. By your logic, your insistence on your numbers in a deal makes you just as much a villain as a car salesman. If you come into it with all the data, a willingness to negotiate, and the chip off your shoulder it'll be a lot less painful and a lot more successful.
Last edited by matt2421; 12-23-12 at 08:36 PM.
12-23-12, 08:16 PM
#51
Lexus Champion
Ok so I guess today was a good day. Carmax sucks they offered me 15k lower than my other offer. I went to the dealership that I service my car at and they offered me 23K so guess it worked out. I will post pics, hopefully I can pic it up tomorrow but most likely they are saying after christmas.
You will love the car. Great choice!
12-23-12, 11:03 PM
#54
Lexus Fanatic
He got his $23k...its the first dealer's loss. Its not personal, the first dealer was not as motivated as the second dealer. Good for him that he contacted the second dealer. Remember that Carmax came in lower than the first dealer.
I don't care about the auto industry, I don't even give it or the state of it a second thought. All I care about is my deal.
I dont know about you, but 7k is alot of money to me. I dont think its alot when compared to the hundreds of millions or billions Lexus makes per year, im glad your coming to the defense of the salesman who made this offer, good on you SW10ES
"Its Sales 101 to never let the prospect leave without giving them your best pitch", well they let me walk out with just one offer on my trade in. They did not try to negotiate with me, they just tried to sell me excuses as to why they made such a low ball offer...lets see, do i want to work with someone who wants to negotiate, or someone who acts like a stereotypical car salesman?
They won't negotiate against themselves. If they have made an offer, its your turn to counter. They say $16.5...you say $21k for instance. Again...you have your car so you obviously did the deal somewhere. Why are you angry? Life is too short to be angry. Enjoy your car.
OK, but when the dealer is offering a similar car as mine on thier lot for 9k more i have a problem.
Again, i wasnt responding to your post, i was responding to someone who felt like they were getting screwed over by a dealership that makes millions upon millions of dolars a year. So i was trying to help the little guy save a few thousand dollars, i am glad you pointed that out. Thanks again for coming to the defense of the big brother corporate world
I dont care what the dealer wanted!!! the dealer makes miliions upon millions of dollars a year.
Also bear in mind that if you are buying a $60k car, it stands to reason that nobody you will interact with at the dealer makes even half what you make. This idea that a band of millionaires are conspiring to separate you from your $7k is a little far fetched.
I am spending 60k of my hard earned money on a brand new car, the dealer needs to know i have plenty of options but i chose them. They need to honor that and cater to me!!!
What about the consumers who arent informed and are paying these prices? i get it, "theres a sucker born every minute". Listen, there are two sides to these deals, the salesman and the consumer. I choose the side of the consumer every time and if i can arm them with some information to save them some of their hard earned money and keep it away from the multi million dollar corporations i am going to do it.
Thats business, if a consumer is happy to pay full price then a business is going to sell them a product or service at full price. Thats capitalism. If you want to take the time and effort to become a savvy, informed consumer then you will be able to negotiate a better deal. Its up to you.
Lets say you had your house for sale for $400,000 but you would really take $380,000. A buyer asks you how much your house is. What do you say, $400k or $380k? What if they offer you $390k? Do you just say "Thanks, but I had decided in my head I would sell it for $380k, so I would prefer you pay me that"?
am spending 60k on a new car i need the dealer to cater to me, not try to sell me why my car isnt worth what the industry standards say.
A Lexus is not something you need to have to live, the dealer is not gouging you on medicine or something. You need some perspective.
This is not going anywhere. I'm not going to post in this thread again except to discuss the OP's new car with him. I would ask you to let it drop for his benefit as well.
Last edited by SW17LS; 12-23-12 at 11:52 PM.
12-24-12, 05:00 AM
#56
The GS is going easily for invoice and under.So you paid about $4K more.You also get a $1500 loyalty incentive.First month's payment too.
So you got that $16.5K or $17K for your trade.
You should always get a purchase price and then mention your trade.
Last edited by Joeb427; 12-24-12 at 05:31 AM.
12-24-12, 06:42 AM
#57
Pole Position
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12-24-12, 06:50 AM
#58
Yeah kinda was, but the good thing is I haven't signed papers yet, they have the money on hold and the papers haven't been signed because of the holidays being tomorrow nothing can really be done. So I do have a chance to get a better price, I'm open to idea's.
Also that price does not include the trade in sorry forgot to say that. What is the invoice on this car, It has Blind spot monitoring, glass breakage sensor, engine remote starter and the f-sport package.
Also that price does not include the trade in sorry forgot to say that. What is the invoice on this car, It has Blind spot monitoring, glass breakage sensor, engine remote starter and the f-sport package.
12-24-12, 07:18 AM
#59
Yeah kinda was, but the good thing is I haven't signed papers yet, they have the money on hold and the papers haven't been signed because of the holidays being tomorrow nothing can really be done. So I do have a chance to get a better price, I'm open to idea's.
Also that price does not include the trade in sorry forgot to say that. What is the invoice on this car, It has Blind spot monitoring, glass breakage sensor, engine remote starter and the f-sport package.
Also that price does not include the trade in sorry forgot to say that. What is the invoice on this car, It has Blind spot monitoring, glass breakage sensor, engine remote starter and the f-sport package.
Better do the numbers with the dealer again or you're getting the trade in number you were pissed off about.
Holiday tomorrow means nothing.A dealer would want you to make the deal and take delivery today.
12-24-12, 07:53 AM
#60
Invoice is around $55600.Deduct the $1500 loyalty incentive and it's a $54100 number.Also Lexus makes your first payment.
Better do the numbers with the dealer again or you're getting the trade in number you were pissed off about.
Holiday tomorrow means nothing.A dealer would want you to make the deal and take delivery today.
Better do the numbers with the dealer again or you're getting the trade in number you were pissed off about.
Holiday tomorrow means nothing.A dealer would want you to make the deal and take delivery today.
