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$2000 below invoice

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Old Jul 23, 2010 | 08:31 AM
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Default $2000 below invoice

I have been asking around dealers nearby and they all offer to sell me the $53K MSRP version of the 450h with the comfort package and luxury package at invoice price of around $48K without any haggling. Now some dealers even offer to sell to me $2000 below the invoice for $46K. Why are they offering to sell so cheap? I am in NYC by the way.
Old Jul 23, 2010 | 08:41 AM
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This might have something to do with it. It appears the hybrid pricing may be on the trend to lower pricing.

Ford to Sell Hybrid at Price of Gas Counterpart

For the first time, an American automaker plans to sell a hybrid car for the same, lower price as its gas-powered counterpart, removing at least one obstacle for drivers who want a greener ride.


lar
Old Jul 23, 2010 | 08:45 AM
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Also,we're almost into August and the '11s come out late Sept.
Old Jul 23, 2010 | 09:57 AM
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i know the 11s come out soon but is the $2000 below invoice what everybody else is getting at this time?
Old Jul 23, 2010 | 10:44 AM
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i just got $200 below invoice on a non-hybrid. $2000 sounds too good to be true.
Old Jul 23, 2010 | 10:58 AM
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well with the latest recalls in the news about Lexus, and the stop sell from the HS, im guessing sales numbers are down around the country. Guess they really need the sale, they have quotas to meet
Old Jul 23, 2010 | 11:11 AM
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Originally Posted by RXSF
well with the latest recalls in the news about Lexus, and the stop sell from the HS, im guessing sales numbers are down around the country. Guess they really need the sale, they have quotas to meet
Could be a market to dealer incentive to get rid of in stock vehicles but I don't see any online.
Old Jul 23, 2010 | 02:11 PM
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Originally Posted by Joeb427
Also,we're almost into August and the '11s come out late Sept.
I think of the same thing. 350 and 450h price are low to the bottom already. Now it's even better time to get them due to '11.
Old Jul 23, 2010 | 04:15 PM
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I'm living in Houston now, (from Manhattan) and one is lucky to see a $2000.00 discount on a $52,000 sticker. I going to purchase a 2011 450H when the 2011's arrive.
I'll get it through Truecar.com. I'll save big $. I can have the car for just under $50,000.00. (stickers at $56,000) That also includes the Luxury Package.
I'll fly to New York to pick it up.
The Houston area dealers had better wise up or they will loose a big chunk of business next year from smart buyers!

Last edited by BlueSurf; Jul 23, 2010 at 04:50 PM.
Old Jul 23, 2010 | 06:25 PM
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Originally Posted by BlueSurf
I'm living in Houston now, (from Manhattan) and one is lucky to see a $2000.00 discount on a $52,000 sticker. I going to purchase a 2011 450H when the 2011's arrive.
I'll get it through Truecar.com. I'll save big $. I can have the car for just under $50,000.00. (stickers at $56,000) That also includes the Luxury Package.
I'll fly to New York to pick it up.
The Houston area dealers had better wise up or they will loose a big chunk of business next year from smart buyers!
very true, the Lexus dealers in Houston are pain in *** to deal with especially you also need to get a loan from them.

Thay was why I had decided to negociated the price with them first before I went and I just paid cash for the RX350 yesterday.
Old Jul 26, 2010 | 12:17 PM
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Just bought an AWD RX350 from Lexus of Watertown (MA) - MSRP $48,259, invoice about $43,000, purchase $41,525. Having it shipped to OH for $700. Search the boards at edmunds.com (buying experience).
Old Jul 27, 2010 | 05:35 PM
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I can attest to the fact that I just purchased a $53k MSRP RX450h (brand new, 5 miles on ODO) for $2k under invoice - $46k from a SoCal Lexus dealer two weekends ago.

Shop around, there are PLENTY of deals to be had.
Old Jul 28, 2010 | 10:23 PM
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The same thing is true in MA - I think that part of the issue is that the new RX may not be selling as well as Lexus had anticipated it would. (this is not backed up by any facts, just a gut feeling)

I was having mine serviced at Herb Chambers Lexus in MA the other day and they mentioned they had 36 hybrids in stock - given the economy I think that dealers are really having to discount their inventory to move it and get ready for the incoming 2011s.

For reference - I picked up my '10 450h for ~47k back in August of '09 - which back then was a steal.
Old Jul 28, 2010 | 11:19 PM
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actually the RX is still selling very well, above 8 thousand units every month which is just on target.
Old Aug 1, 2010 | 03:49 AM
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Anybody getting the 450h at or below invoice in the DC/MD/VA area?



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