Notices
LX - 3rd Gen (2008-2021) Posts related to the LX570 belong in this forum

2016 Purchase Price

Thread Tools
 
Search this Thread
 
Old Dec 8, 2015 | 11:09 AM
  #1  
Tommytms's Avatar
Tommytms
Thread Starter
Driver School Candidate
 
Joined: Dec 2015
Posts: 12
Likes: 0
From: Tx
Default 2016 Purchase Price

My family have been in a search for a nice Suv that fit 4 of us comfortably ,and some times 7-8 people, so we've decide to get the new LX, our choice color is Starfire pearl with Cabernet interior , recently got quoted at 2% discount on a 97410$ MSRP, I have someone who work in the car business told me to find out how much are people getting discount for ? Please comment with your purchase price and your Vehicle MSRP . Thanks for your help !
Reply
Old Dec 8, 2015 | 12:53 PM
  #2  
pbm317's Avatar
pbm317
Lead Lap
20 Year Member
Photogenic
Photoriffic
Shutterbug
 
Joined: Apr 2002
Posts: 4,892
Likes: 14
From: Virginia
Default

Search Edmunds, TrueCar, etc for recent transaction data in your area and potential offers.
Reply
Old Dec 8, 2015 | 06:55 PM
  #3  
T4Fun's Avatar
T4Fun
Racer
15 Year Member
Photogenic
Photoriffic
Shutterbug
 
Joined: Apr 2010
Posts: 1,759
Likes: 35
From: Pennsylvania
Default

in my area, maybe 1-2 grand off msrp right now. But looks like inventory building. Buyers more informed now than ever, and you would have to be pretty desperate to not wait for a better deal later in the model year.
Reply
Old Dec 8, 2015 | 06:55 PM
  #4  
Luke27617's Avatar
Luke27617
Advanced
iTrader: (2)
 
Joined: Oct 2009
Posts: 699
Likes: 42
From: NC
Default

Negotiate with internet department online and search in wider area than your city. Never paid more than $1000 over invoice on new arrivals (not common luxury cars) and always under invoice 3-4 months in. Bought one of the first 16 LC arrivals at $1000 over invoice while dealers barely still discount anything. 2% off is nothing.
Reply
Old Dec 13, 2015 | 02:53 PM
  #5  
Tommytms's Avatar
Tommytms
Thread Starter
Driver School Candidate
 
Joined: Dec 2015
Posts: 12
Likes: 0
From: Tx
Default

The dealership and I came to agreement with 2.5% discount and we were ready to do the paper work , they sold my car that my salesman didn't know about , what a day , Starfire pearl with carbinet !
Reply
Old Dec 14, 2015 | 05:17 AM
  #6  
Luke27617's Avatar
Luke27617
Advanced
iTrader: (2)
 
Joined: Oct 2009
Posts: 699
Likes: 42
From: NC
Default

Originally Posted by Tommytms
The dealership and I came to agreement with 2.5% discount and we were ready to do the paper work , they sold my car that my salesman didn't know about , what a day , Starfire pearl with carbinet !
Be happy. Give an extra couple of weeks of wider area search and negotiations and you will get much better discount. Negotiate with internet dept without walking to a dealer is the way to go. I have decided on LC which is not getting discounted much either. With two days going back and forward checking with many dealerships, I have found one 150 miles away willing to sell for 1000 over invoice. Remember that was still when there were no more than 10 for sale in whole southeast region. Remember car invoice is not truly bottom for a dealer. They still get additional 3% back at the end of the year for each car sold that is why you see huge sales before end of the year. Try to buy one 2 days before year closing and you will see some crazy pricing offered just so you take delivery that day. I have considered as well the LX and got much better price from local dealer with just one e-mail, but at the end couldn't live with the front and went for LC. Good Luck!
Reply
Old Dec 14, 2015 | 06:29 AM
  #7  
Tommytms's Avatar
Tommytms
Thread Starter
Driver School Candidate
 
Joined: Dec 2015
Posts: 12
Likes: 0
From: Tx
Default

Originally Posted by Luke27617
Be happy. Give an extra couple of weeks of wider area search and negotiations and you will get much better discount. Negotiate with internet dept without walking to a dealer is the way to go. I have decided on LC which is not getting discounted much either. With two days going back and forward checking with many dealerships, I have found one 150 miles away willing to sell for 1000 over invoice. Remember that was still when there were no more than 10 for sale in whole southeast region. Remember car invoice is not truly bottom for a dealer. They still get additional 3% back at the end of the year for each car sold that is why you see huge sales before end of the year. Try to buy one 2 days before year closing and you will see some crazy pricing offered just so you take delivery that day. I have considered as well the LX and got much better price from local dealer with just one e-mail, but at the end couldn't live with the front and went for LC. Good Luck!
I've tried a couples of dealership in Dallas fort Worth area but not one of them have my preferred color ,worst case scenario is to wait till right before new year just like you said ,might get more discount ,but seriously it's not the money anymore at the point ,it's the impatient that's killing me ha-ha, I hate waiting . BTW thanks for a few tips ,I will try to use your advise to see if it work , I wiuld nt mind the discount a few dollars will go along way .
Reply
Old Dec 14, 2015 | 10:07 AM
  #8  
T4Fun's Avatar
T4Fun
Racer
15 Year Member
Photogenic
Photoriffic
Shutterbug
 
Joined: Apr 2010
Posts: 1,759
Likes: 35
From: Pennsylvania
Default

i think with ecomony starting to turn down, dealers may be more willing to deal later next year.
Reply
Old Dec 18, 2015 | 08:01 PM
  #9  
355F1's Avatar
355F1
Pole Position
15 Year Member
Liked
Loved
Community Favorite
 
Joined: Jul 2010
Posts: 2,514
Likes: 1,205
Default

My brother was offered $1,500 off MSRP two weeks ago. He didn't end up buying it. Yet. Lol.
Reply
Old Jan 10, 2016 | 12:12 PM
  #10  
gama2002's Avatar
gama2002
Driver School Candidate
 
Joined: Jan 2016
Posts: 36
Likes: 0
From: MA
Default

Got $6k off 2016 LX570
Reply
Old Jan 10, 2016 | 01:56 PM
  #11  
Nayyer's Avatar
Nayyer
Driver School Candidate
 
Joined: Jan 2016
Posts: 2
Likes: 0
From: Il
Default

Originally Posted by gama2002
Got $6k off 2016 LX570
The most I could get off is 1k off here in Chicago. Can you tell me where your located and what dealer is giving 6k off? I have one on order but willing to cancel if your dealer is giving 6k off msrp
Reply
Old Jan 10, 2016 | 02:32 PM
  #12  
gama2002's Avatar
gama2002
Driver School Candidate
 
Joined: Jan 2016
Posts: 36
Likes: 0
From: MA
Default

Originally Posted by Nayyer
The most I could get off is 1k off here in Chicago. Can you tell me where your located and what dealer is giving 6k off? I have one on order but willing to cancel if your dealer is giving 6k off msrp
I sent a pm to you.
I'm not sure if it's allowed in this forum to mention dealer's name.
They are easy to deal with price wise.
Reply
Old Jan 10, 2016 | 08:00 PM
  #13  
AustinHusk's Avatar
AustinHusk
Pit Crew
 
Joined: Jan 2016
Posts: 200
Likes: 5
From: Austin, TX
Default

Newbie here.... but long time Lexus owner (06 GX470 - wife, 08 GS350 - mine). Looking to buy the new 16 LX 570. Have made a few trips to the 2 dealerships here in Austin but it looks like better/more aggressive pricing in Dallas/Houston.

Saw earlier (not sure if it was in this thread or another) - that someone got 6K off MSRP of 97k.... Is that true?

What's should I be paying? One dealier in Houston quoted me $3k off
Reply
Old Jan 10, 2016 | 08:44 PM
  #14  
gama2002's Avatar
gama2002
Driver School Candidate
 
Joined: Jan 2016
Posts: 36
Likes: 0
From: MA
Default

Originally Posted by AustinHusk
Newbie here.... but long time Lexus owner (06 GX470 - wife, 08 GS350 - mine). Looking to buy the new 16 LX 570. Have made a few trips to the 2 dealerships here in Austin but it looks like better/more aggressive pricing in Dallas/Houston.

Saw earlier (not sure if it was in this thread or another) - that someone got 6K off MSRP of 97k.... Is that true?

What's should I be paying? One dealier in Houston quoted me $3k off
Check your inbox
Reply
Old Jan 10, 2016 | 11:36 PM
  #15  
AustinHusk's Avatar
AustinHusk
Pit Crew
 
Joined: Jan 2016
Posts: 200
Likes: 5
From: Austin, TX
Default

Originally Posted by gama2002
Check your inbox
Thanks! Got it
Reply



All times are GMT -7. The time now is 12:26 AM.