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New 2018 GX460 Luxury price

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Old 11-12-18, 06:54 PM
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kikkomen
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Default New 2018 GX460 Luxury price

New to this forum, and about to buy a new 2018 GX460 Luxury trim. Currently has an offer of $7.5k (11.5%) discount off $65.8k MSRP from the dealer, and options to choose Lexus $5k cash rebate or 60 months 0% apr.

Does this look like a good deal to you GX460 owners?

Thanks in advance!
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Old 11-12-18, 10:10 PM
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rusn007
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I think you can do better - although 2018s inventory stock is pretty low and dealers might not want to play. You're getting approx 19% off MSRP (after the rebate). I think at the minimum you should be at 20% off - but maybe even closer to 25%.
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Old 11-13-18, 05:07 AM
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kikkomen
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Originally Posted by rusn007
I think you can do better - although 2018s inventory stock is pretty low and dealers might not want to play. You're getting approx 19% off MSRP (after the rebate). I think at the minimum you should be at 20% off - but maybe even closer to 25%.
Thanks for your reply!

if I go with finance 0 apr, Does the dealer get cash back from Lexus financial? If yes, how much can I ask for the dealer to go down. I have shopped with multiple Lexus dealers in the tristate area, given the very limited 2018 inventory, only 2 dealerships are willing to do 18-19% off, and this one has the bench 2nd row that’s not all black/black, so it’s kind of hard to walk away from this deal now
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Old 11-13-18, 05:25 AM
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If you feel good about it just go with your gut and make the purchase.
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Old 11-13-18, 06:38 AM
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That;'s not bad for the luxury trim, try to get close to $10k off before the rebate. They put the Lexus Cash towards the cap cost, similar to the down payment. probably be better than getting the 0.0%. I'm sure you will be able to get under 2.0% with current rates.
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Old 11-13-18, 07:23 AM
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ThomasGS4
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Originally Posted by kikkomen


Thanks for your reply!

if I go with finance 0 apr, Does the dealer get cash back from Lexus financial? If yes, how much can I ask for the dealer to go down. I have shopped with multiple Lexus dealers in the tristate area, given the very limited 2018 inventory, only 2 dealerships are willing to do 18-19% off, and this one has the bench 2nd row that’s not all black/black, so it’s kind of hard to walk away from this deal now
Dealers only get a $200 flat for going with the 0% financing.
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