GX Pricing

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Dec 18, 2002 | 12:01 AM

RST

Thread Starter

Driver School Candidate

Joined: Dec 2002

Posts: 16

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From: Colorado

GX Pricing

Hi everyone,

Just joined the forum and this is my first post.

I went by the local Lexus dealer. I spoke to a salesman and said that they got extra allocation. Will be getting a vehicle with the color and options that I want.

He basically told me that there are no negotiations on this car. He said it was MSRP?

Is that what I can expect with regards to pricing for this vehicle?

Thanks.

Dec 18, 2002 | 12:16 AM

looknow12

Lexus Test Driver

Joined: Dec 2002

Posts: 1,523

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From: Connecticut

Any time there is the release of a new vehicle, yes. It is safe to say you will get this kind of treatment. The dealers make their money at this time mostly.

So many people are in line, you cannot blame them.

Dec 18, 2002 | 12:27 PM

RST

Thread Starter

Driver School Candidate

Joined: Dec 2002

Posts: 16

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From: Colorado

Looknow,

Thanks for the info. I understand that I would be paying MSRP because it's a new vehicle and in high demand. If I get this vehicle, it would be my first lexus and was wondering how are Lexus pricing in general? Say, if I wait a few months, do you think I can get one with some discount off MSRP?

Anyone else have any comments.

Thanks again.

Dec 18, 2002 | 03:44 PM

Johnny Mo

GX and 2IS Moderator

Joined: Feb 2001

Posts: 1,877

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From: New York

Depends on your area

Quote:

Originally posted by RST
Looknow,

Thanks for the info. I understand that I would be paying MSRP because it's a new vehicle and in high demand. If I get this vehicle, it would be my first lexus and was wondering how are Lexus pricing in general? Say, if I wait a few months, do you think I can get one with some discount off MSRP?

Anyone else have any comments.

Thanks again.

The discounts off MSRP, especially on a newly released vehicle will be directly related to the demand in your area. The other aspect will be whether your dealer will be more likely to discount for a customer or sell to another dealer (sometimes non-Lexus) at MSRP. So it's really a tough call. If I had to guess, based on the great reviews the GX has gotten (even before it has offically hit the streets) it would be unlikely that you will see any significant discounts before the 6 month mark.

Dec 18, 2002 | 11:42 PM

looknow12

Lexus Test Driver

Joined: Dec 2002

Posts: 1,523

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From: Connecticut

I truly feel for the vehicle Lexus is delivering, the price is a bargain.

When you look over what Lexus brings mechanically (Steering, Suspension, Engine, Transmission, quiet interior), and feature wise they are tough to beat in their price range.

Dec 18, 2002 | 11:48 PM

bitkahuna

CL Community Team

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RST - things get easier on price if demand slows a bit or supply increases AND you're willing to be less picky about color/options. If you catch a sales guy at the end of the month and he's got 4 GX's on the lot for example and you're willing to take one, you're like to get a discount, but when demand far outstrips supply like now, there's no need for the dealer to discount.

Dec 19, 2002 | 12:39 AM

RST

Thread Starter

Driver School Candidate

Joined: Dec 2002

Posts: 16

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From: Colorado

Thank you everyone for your responses.

My wife,kids and I test drove one tonight with the Rear Entertainment system and NAV.

Very, very nice vehicle.

I'll let you know if next week, I have a new addition to the family.