Curious as to what kind of dealer financing rates RX330 buyers are seeing. On their web site Lexus is currently featuring special terms on their sedans, but there is nothing special available for their SUV's, including the RX. In our situation, we were approved for a 24 month loan from peoplefirst.com at 3.49%, which the dealer initially said they could not match. But today they sent me an email saying they could do 3.50%, subject to credit approval, for which I will complete an application tomorrow. This seems like a very attractive deal to me, considering it comes after the price of the vehicle was agreed to with no special incentives from the manufacturer. We are taking delivery on Thursday and if all goes as planned we will use the dealer's plan at 3.50%. Our last four vehicle purchases have been cash deals, but at rates this competitive, it's hard to pass up.

Has anyone else buying a new RX seen dealer rates this low, or possibly even better?

 

Had 2.99 on ours in December. Rates are lower now but the RX330 is new!

I wouldn't settle for less than 3.0 myself in this economy and I'd work 5-6 dealers for 2.0 or 0, and I'd bet you get it somewhere.

 

For our June 30 purchase, our credit union would not go any lower than 4.25%. Two Lexus dealers offered 3.99% while we were negotiating the purchase. I was able to eventually get 3.75% from the dealer for a 5-year loan. This was their best offer, and it was after we had agreed upon a very competitive purchase price.

 

I think with an RX300, which they were aggressively dealing on, the situation is different. So far with the 330's they don't have to discount them nearly as much, and my guess is the same applies to their financing offers, unless they are put into a competitive situation.

 

Just to provide some more info.... I was offered from the dealer, and took, 1.9% for 48 months when buying a 2000 RX300, obviously used. That was for a "certified" car. BTW, I just made my first payment...via "epay" which is lexus financial's web-pay program. Lexusfinancial.com has a GREAT website and payment system. It was just another unexpected surprise after buying my first Lexus. It sure won't be my last.

NickV
2000 RX300

 

3.5%---60 months.

 

Nickv: yes that payment system is nice, I wish they would drop the mailing of the bill and just send email alerts. If you find a way to set that up let us know please.