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Discount off MSRP

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Old Jan 31, 2019 | 12:20 PM
  #16  
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The days of getting $20k off sticker on an RC F/GS F are over. They cut production way back so many dealers dont have inventory languishing on their lots. Additionally theres no cash back or support from Lexus at this time. 10% is probably realistic but $60k is laughable for an anniversary edition.
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Old Jan 31, 2019 | 12:31 PM
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There actually are rebates available on the '19 RC-F, however even after taking VIT into account, $20k off simply isn't realistic.
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Old Jan 31, 2019 | 01:45 PM
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Originally Posted by 98GS430
The days of getting $20k off sticker on an RC F/GS F are over. They cut production way back so many dealers dont have inventory languishing on their lots. Additionally theres no cash back or support from Lexus at this time. 10% is probably realistic but $60k is laughable for an anniversary edition.

ill admit i was completely kidding i used to sell. these " how much can i get off a perfectly fine limited car" make me sick. am i asking for people to pay retail? no i never did unless it was the first month or 2 for that new model etc. but all of this trying to get 20% off garbage ruins or values. all anniversary cars should go for msrp or maybe 1 to 2k off just to appeal to that "ive bought so many cars over the years i know how this works" guy. if you cant afford a decent discount on a NEW car you need to back off a model or buy used. JUST MY .02
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Old Jan 31, 2019 | 08:27 PM
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Originally Posted by ThomasGS4
There actually are rebates available on the '19 RC-F, however even after taking VIT into account, $20k off simply isn't realistic.
You are correct I just checked and there's $5k cash back on the RC F and LC. Still won't get you near $20k off sticker. Guessing $10k max on a normal car and forget about that on the anniversary model.
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Old Feb 1, 2019 | 11:35 AM
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Originally Posted by GsLex02
All they had is the anniversary edition MSRP $84,000. Told him no shot I’m buying that car. They came down to $70,000. I still had to walk
so you got 16% by just asking...interesting. Id say its a gamble but a worthwhile gamble if it pans out. Wait till the near end of 1Q and see how far they budge.
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Old Feb 1, 2019 | 11:39 AM
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Originally Posted by LRCSALES
ill admit i was completely kidding i used to sell. these " how much can i get off a perfectly fine limited car" make me sick. am i asking for people to pay retail? no i never did unless it was the first month or 2 for that new model etc. but all of this trying to get 20% off garbage ruins or values. all anniversary cars should go for msrp or maybe 1 to 2k off just to appeal to that "ive bought so many cars over the years i know how this works" guy. if you cant afford a decent discount on a NEW car you need to back off a model or buy used. JUST MY .02
Being in sales, I would love to hear the flip side of the coin uttered from a sales rep towards a customer bringing in a trade and the dealership actually offering a fair trade value rather then lowball to make extra profit on the back end of a new purchase.

Its a business, and as such if a vehicle is worth MSRP or only a couple off msrp (be it an anniversary or one of 10 or one of 10000000) people will pay it. If a dealer sees that lowballing a trade in but offering a fair discount on an MSRP they will do that as well.

Last edited by coolsaber; Feb 2, 2019 at 11:43 PM.
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Old Feb 1, 2019 | 04:54 PM
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There is about 8%off Msrp and about 3% holdback to dealer on the car if leasing it ask for msd to get a better rate.
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Old Feb 1, 2019 | 08:35 PM
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Originally Posted by 2013gs350
There is about 8%off Msrp and about 3% holdback to dealer on the car if leasing it ask for msd to get a better rate.
Unfortunately, residual percentages are awful on the RC-F. They leased well in 2015...those days are gone.
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Old Feb 2, 2019 | 04:35 PM
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What would be a good out the door price for a regular 19 RCF? I am trying to figure out what to work with and not go in and get laughed at.


As far as the 10th edition, I would be worried about driving it in rain and etc. And also scratches since you can't buff it out.

Last edited by ShiLex; Feb 2, 2019 at 04:40 PM.
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Old Feb 2, 2019 | 08:40 PM
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Originally Posted by LRCSALES
ill admit i was completely kidding i used to sell. these " how much can i get off a perfectly fine limited car" make me sick. am i asking for people to pay retail? no i never did unless it was the first month or 2 for that new model etc. but all of this trying to get 20% off garbage ruins or values. all anniversary cars should go for msrp or maybe 1 to 2k off just to appeal to that "ive bought so many cars over the years i know how this works" guy. if you cant afford a decent discount on a NEW car you need to back off a model or buy used. JUST MY .02
Well if you read above you’ll see they came down from $85,000 to $70,000 just from me driving it and bull****ting for 20 minutes. So sorry to tell you, you’re wrong. And say what you want about your values but a man getting the best deal he can is smart business. I’m sorry if that didn’t work out for you
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Old Feb 2, 2019 | 08:49 PM
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I picked up a brand new 2017 with a MSRP of 76K for 50K in August of last year. No negotiations at all. That was their first offer. I also have a extremely well relationship with the dealer so I'm guessing that had something to do with the crazy price.
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Old Feb 2, 2019 | 10:04 PM
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These days most people out in the general public want an SUV/truck. The demand for 4 door sedan is softer than ever. Two door models? Even worse!!!

The latest cancellation from production was the TWO DOOR version of the big Range Rover SUV......

So for a Lexus dealership to insist on getting anywhere near MSRP for the RCF (LC500 as well)...... Is, well just not a smart business move. If I were the Lexus dealership, I would concentrate on selling what moves quickly and in large numbers.
​​​​​​

Originally Posted by GsLex02


Well if you read above you’ll see they came down from $85,000 to $70,000 just from me driving it and bull****ting for 20 minutes. So sorry to tell you, you’re wrong. And say what you want about your values but a man getting the best deal he can is smart business. I’m sorry if that didn’t work out for you
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Old Feb 4, 2019 | 09:10 AM
  #28  
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Originally Posted by coolsaber
Being in sales, I would love to hear the flip side of the coin uttered from a sales rep towards a customer bringing in a trade and the dealership actually offering a fair trade value rather then lowball to make extra profit on the back end of a new purchase.

Its a business, and as such if a vehicle is worth MSRP or only a couple off msrp (be it an anniversary or one of 10 or one of 10000000) people will pay it. If a dealer sees that lowballing a trade in but offering a fair discount on an MSRP they will do that as well.
its def on both sides i have witnessed more customers lying and get caught lying several times. like telling me their car has nav on the phone and when they get to the dealer the clearly do not. Also 80% of customers views are inaccurate about their trade condition. They all want EXCELLENT for their trade. When excellent means perfect maintenance and no scratches or rock chips.
The trade value comes directly from the USED car manager. the salesman is not allowed to make their own offer on the trade so you have your terminology wrong.

also KBB and Black Book are for consumers so they have a range of what to ask for. Dealers use current auction values within the last month and get that from a log in at the Lexus (or other Manufacturers) internal lease auctions. Which the general public have no access to. So to circle back Dealers dont use any of the online or printed Resources for Trade values. All customers get their feelings hurt on trade value. I saw it thousands of times.

Pricing of new cars is all weird as well. The salesman gets paid on the front of the Car's markup. Lexus Chopped their Mark up percentage in HALF in Feb 2012. The total markup on a RX is around 2200 to 3500 depending on model. Anything discounted past that is a MINI sale for the salesman and they usually make between a 100 to 200 bucks pre tax.

And you ask whats Fair for a purchase price for a LEXUS? in my belief its such a nice product and the way you are treated in the dealership we all should pay MSRP. But a car is worth what a person is willing to pay.

also the dealership gains "in the back end of the purchase" if thats what you mean. we make a percentage in the sale if we get you to trade it in for what ever the USED car manage decides is the market value. they change this number even during negotiated to show a profit on your trade value.

The managers are the people in charge of your costs, and values. You should almost never hold the salesman responsible for the numbers. We say and show what we are told. Period.
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Old Feb 4, 2019 | 11:40 AM
  #29  
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Originally Posted by LRCSALES
its def on both sides i have witnessed more customers lying and get caught lying several times. like telling me their car has nav on the phone and when they get to the dealer the clearly do not. Also 80% of customers views are inaccurate about their trade condition. They all want EXCELLENT for their trade. When excellent means perfect maintenance and no scratches or rock chips.
The trade value comes directly from the USED car manager. the salesman is not allowed to make their own offer on the trade so you have your terminology wrong.

also KBB and Black Book are for consumers so they have a range of what to ask for. Dealers use current auction values within the last month and get that from a log in at the Lexus (or other Manufacturers) internal lease auctions. Which the general public have no access to. So to circle back Dealers dont use any of the online or printed Resources for Trade values. All customers get their feelings hurt on trade value. I saw it thousands of times.

Pricing of new cars is all weird as well. The salesman gets paid on the front of the Car's markup. Lexus Chopped their Mark up percentage in HALF in Feb 2012. The total markup on a RX is around 2200 to 3500 depending on model. Anything discounted past that is a MINI sale for the salesman and they usually make between a 100 to 200 bucks pre tax.

And you ask whats Fair for a purchase price for a LEXUS? in my belief its such a nice product and the way you are treated in the dealership we all should pay MSRP. But a car is worth what a person is willing to pay.

also the dealership gains "in the back end of the purchase" if thats what you mean. we make a percentage in the sale if we get you to trade it in for what ever the USED car manage decides is the market value. they change this number even during negotiated to show a profit on your trade value.

The managers are the people in charge of your costs, and values. You should almost never hold the salesman responsible for the numbers. We say and show what we are told. Period.
Only problem with Lexus in terms of its performance line is that it underperforms it’s competition. This is why getting a deal makes sense. MSRP is too close to the competition. Until they start to manufacture more power people will always try getting big deals off MSRP. That’s the market. Supply and demand. Only worth what people are willing to pay as you said.
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Old Feb 4, 2019 | 12:07 PM
  #30  
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Originally Posted by GsLex02


Only problem with Lexus in terms of its performance line is that it underperforms it’s competition. This is why getting a deal makes sense. MSRP is too close to the competition. Until they start to manufacture more power people will always try getting big deals off MSRP. That’s the market. Supply and demand. Only worth what people are willing to pay as you said.
I totally agree i contacted corporate about the track edition in another thread
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