Awesome! Yours is "once in a while" kinda deal I guess

Makes you wonder how dealership can sell those 2017/2018 Premium CPOs for like 45k or more.

 

Not really.. I replicated my deal 4 times with folks here on the forum as well as a friend of mine. Only difference between my deal and the others were is that the other GXs didn’t have the hitch.

 

We are ready to purchase a 2020 GX Premium. MSRP for the car is $57,800 and the dealer is willing to give 9k off, making OTD around $52k.

Good? Bad? Wait a bit longer?

 

You got probably the best deal of all. I haven't seen anyone reported any substantial discount on the 2020.
If it's what you want, I'd definitely jump on it. $52k OTD is a really good price.

 

Jump on it.

 

that's a great deal for 2020!

 

I think the best discount I've seen was last year (2018) when some people somehow convinced dealers to give up their hold back and other hidden cash. So 9k off on a 2020 is really a good deal given they just released it.

 

Willing to share the dealership and salesperson's name?

 

following as we are waiting for 2019 December to Remember.

 

It should be illegal to post "I Got a Great Deal" pricing without attaching a copy of the invoice (with any confidential information blacked out). One would think Lexus has become a charity organization if many of these numbers are to be believed ... either that, or the interest rate on the loan is well into the double digits with major early payment penalties

 

Your doubt is reasonable. I am waiting to hear back about the interest rate from their Finance Department. Once everything is finalized, I will come back and report.

 

Well I got a great deal on my 2019 but I wouldn't bother trying to post an invoice with all the details. Too much time and effort to put forth trying to prove something that you could either believe or not believe. I will say that some dealers and regions are stingy. So I can understand why there is doubt about postings on great deals. My local dealers would only give me a discount equal to the Lexus corp rebate amount. When I gave them a quote from out of the area that was substantially lower like the almost unbelievable ones you are talking about they said they'd match it. But they never gave me a real quote. It was always come on in and we can talk about it. After a lot of back and forth going nowhere with the local dealers I drove elsewhere to purchase.

 

It is sad to see a post deteriorate like this. The profit is certainly in the car and a properly motivated dealer can do all sorts of deals - but most won't.

The flip side is that everybody else can get a far better deal than you can get, but this deal isn't that ridiculous that you can say "post proof" - something that no sane person will do and nothing that you would ask face to face.

This sounds like a motivated dealer who will make some of that up on a trade (if there is one) and on the interest.

 

Gotta agree. Some dealers are just more motivated to move volume and make profit that way. Some (my local dealers) tend to hold onto stock longer and hope they can sell each car at close to MSRP. It's why my local dealer was selling 2018 RXs well into this year.

 

If they offer you 9k off 2020 msrp and you don't buy it, ya don't really want a new GX... I hope you get that deal, it's great. I've seen 9-10% off new msrp but not 9-10k... you're in the 15% buick/chevy/ford promo range there