GS - 4th Gen (2013-2020) Discussion about the 2013 and up GS models

Looking to get back into a Lexus

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Old 04-15-17, 07:34 PM
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kingofire
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Default Looking to get back into a Lexus

So I'm negotiating a price on a ultra white GS 350 F Sport package which MSRP's at $60,030 and the dealer is willing to discount it to $54,000. Just wondering if this is a good deal? I'm going to be trading in a 2012 Audi A6 and they're giving me KBB trade in value which is $20,300. Any incentives on this car other than the 2.9% financing?

Thanks in advance!

-D
Old 04-16-17, 08:51 AM
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troyhuynhv
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What year are you looking at? The value looks like it drops in a 2014-2015 a lot, so maybe wait it out a year although it will depend on how the value on the audi holds.
Old 04-16-17, 08:58 AM
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ssmoked
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Originally Posted by kingofire
So I'm negotiating a price on a ultra white GS 350 F Sport package which MSRP's at $60,030 and the dealer is willing to discount it to $54,000. Just wondering if this is a good deal? I'm going to be trading in a 2012 Audi A6 and they're giving me KBB trade in value which is $20,300. Any incentives on this car other than the 2.9% financing?

Thanks in advance!

-D
are you negotiating on a 16 or 17?

25-30% off on a 2106 at least
15-20% off a 2017 minimum

the GS is not selling as hot compared to 3 years ago. Also the market is flooded with lease returns. As a result, 3 year old GS are worth less than 40-45% their original msrp
Old 04-16-17, 01:11 PM
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kamskeez
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I think you can do better. Seeing a lot of 17s sitting on lots, and even some 16s hanging around. These cars aren't selling... use that to your negotiating advantage.
Old 04-16-17, 02:36 PM
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CTNYC
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I was looking into possibly trading in/selling my 2014 GS350, which I financed for a bit less than $600/mo for 60 months in 11/2016 (0.9% interest on L/Certified, $0 at signing) for a 2017 GS350 AWD Base ($55k) or 2017 GS350 AWD F-Sport ($60k) to reduce monthly payments. "Best" deal my dealership offered was $5500 total off MSRP including $2k lease cash. Turned out to be around $729/mo for the base, $754/mo for the F-Sport. That's pretty close in pricing to a similarly priced redesigned 2017 5 series... Didn't even bother negotiating since it is nowhere in the ballpark of even being close to my finance deal. The GS is definitely not leasing well and there are few incentives available.
Old 04-16-17, 02:46 PM
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GS sales were down 54% for the month of March compared to last year.

March cash incentive of $2000 really did not help its sales.

I personally would wait for their july sales to come up to see if any better incentives are offered.
Old 04-16-17, 03:15 PM
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You get so much value from a CPO nowadays. These cars depreciate super quick in the first 2-3 years. I definitely recommend looking for a CPO!
Old 04-16-17, 04:11 PM
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AJLex19
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Originally Posted by kamskeez
You get so much value from a CPO nowadays. These cars depreciate super quick in the first 2-3 years. I definitely recommend looking for a CPO!
Agreed. The GS loses its value heavily in the first few years. If you want the redesign, the best bet is the find a CPO '16 model. I'm sure not much has changed between 2016 and 2017 that is significant. I've seen some CPO 4GSs for under 30K already.

Last edited by AJLex19; 04-16-17 at 04:14 PM.
Old 04-16-17, 07:26 PM
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Originally Posted by kamskeez
You get so much value from a CPO nowadays. These cars depreciate super quick in the first 2-3 years. I definitely recommend looking for a CPO!
So True. Agree totally
Old 04-17-17, 11:46 AM
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kingofire
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Thanks for all the responses!! This is on a 2017 car. The most I'm able to get off is 10% off. That sucks.
Old 04-17-17, 09:15 PM
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kamskeez
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Originally Posted by kingofire
Thanks for all the responses!! This is on a 2017 car. The most I'm able to get off is 10% off. That sucks.
I know it's a long ways away, but December is when you'll usually get the best deals. Especially on a clearanced 2017 as 2018s are rolling in.

For now, keep trying and get the dealers to compete against each other. If you have a written offer, use that to see what another dealer will give you.
Old 04-17-17, 09:31 PM
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Originally Posted by kingofire
Thanks for all the responses!! This is on a 2017 car. The most I'm able to get off is 10% off. That sucks.
As others said, be patient and wait... tell dealer your price you willing to pay and have them call you when they are ready or just go with CPO
Old 04-18-17, 08:55 AM
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kingofire
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Originally Posted by kamskeez
I know it's a long ways away, but December is when you'll usually get the best deals. Especially on a clearanced 2017 as 2018s are rolling in.

For now, keep trying and get the dealers to compete against each other. If you have a written offer, use that to see what another dealer will give you.
I do have a written offer and I did go to another dealer and both of them said the same thing that the most any dealer here would give me 10% off. I was trying to get more for my trade but even that was the same.
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