2017 RX Best Prices So Far?
Driver School Candidate
Joined: Feb 2016
Posts: 4
Likes: 0
From: GA
tjb,
I filled out the same thing yesterday and never rec'd an email either. It seemed the current promotion might be based around a drawing for the US Open Golf event in a couple weeks (package that included tickets & access to tents). Lexus is a big sponsor and wondering if currently that's the perk instead of $1,000 off. I like golf, also live 45 minutes away from the 2017 US Open venue and would MUCH rather have $1,000 off my potential new auto.
I filled out the same thing yesterday and never rec'd an email either. It seemed the current promotion might be based around a drawing for the US Open Golf event in a couple weeks (package that included tickets & access to tents). Lexus is a big sponsor and wondering if currently that's the perk instead of $1,000 off. I like golf, also live 45 minutes away from the 2017 US Open venue and would MUCH rather have $1,000 off my potential new auto.
Like you, I'd much rather have the $1000. Oh well.
Driver School Candidate
Joined: May 2015
Posts: 30
Likes: 3
From: NJ
There is a 2017 F sport at a local dealership that I liked - it is used with 9,900 miles already. Has all the extras (upgraded speakers, aftermarket roof rack, winter floor mats). Dark blue with light interior.
List price is $52,000 and when we were there (1st time) they said they could take $500 off. If feel that's much too high, given what I'm seeing people are paying in this thread (see this post). Any thoughts on how much off 9,900 miles should give? They are touting the CPO warranty and how it is about 1 1/2 years longer than a new car but frankly I don't see as much value as isn't that why we'd be looking at the Lexus/Toyota family? Because stuff isn't as likely to break in 4-5 years of owning with proper maintenance?
It's easier to hone in new pricing but used less so but I shouldn't have to pay as much for a vehicle with 9,900 miles as one with 300 and never been titled. I'd like to come back with a price I'd be more willing to pay (which worked great with previous new car purchase). Since there aren't a ton of these units out there sources like Autotrader, etc make the pricing task a bit more difficult.
List price is $52,000 and when we were there (1st time) they said they could take $500 off. If feel that's much too high, given what I'm seeing people are paying in this thread (see this post). Any thoughts on how much off 9,900 miles should give? They are touting the CPO warranty and how it is about 1 1/2 years longer than a new car but frankly I don't see as much value as isn't that why we'd be looking at the Lexus/Toyota family? Because stuff isn't as likely to break in 4-5 years of owning with proper maintenance?
It's easier to hone in new pricing but used less so but I shouldn't have to pay as much for a vehicle with 9,900 miles as one with 300 and never been titled. I'd like to come back with a price I'd be more willing to pay (which worked great with previous new car purchase). Since there aren't a ton of these units out there sources like Autotrader, etc make the pricing task a bit more difficult.
If I were in your shoes I would just ignore that car- they're probably going to end up selling it to someone who is converting from a German car who is afraid to have anything out of warranty and will overpay for the privilege.
Intermediate
Joined: Aug 2005
Posts: 305
Likes: 40
From: WI
After some back and forth... Was able to land Luxury RX MSRP $60,880 for $55,820. Discount of $5060 or 8.3%. Most dealers in the Chicago area wouldn't even respond to emails. One was so arrogant he told me that these are selling faster then they are coming in... He didn't like my retort of "why, then, are there over 100 on your lot?"
Driver
Joined: May 2017
Posts: 88
Likes: 8
From: fl
Financing rebate
this subject has been very murky. Lots of talk about 7500$ and 90 days to qualify for the $1000 rebate. While I have addressed this with the dealer on several occasions I was never able to get a clear answer. Today, as part of the closing, I was told $10,000 and 120 days is the requirement for a new vehicle where as a used vehicle is 7500 and 90 days. I'm not sure if I'm being given factual information or not but this is where it seems to have landed at the closing table. I suppose for most people it doesn't matter cause you easily exceed that dollar amount hand term in Ordinary financing but I was trying to hit the minimums. Does anyone have reason to believe this information is not accurate?
Racer
Joined: Apr 2016
Posts: 1,387
Likes: 349
From: ON
I think you asked a similar question earlier. The financing is with Lexus/Toyota, NOT the dealer. I would not trust any dealer to give me the facts on financing with another institution. Lexus Finance has nothing to do with a Lexus dealer. You need to call Lexus USA Financing to get the details on the obligation with them.
Save yourself some time and frustration and give them a quick call. I have found Lexus/Toyota financing very easy to deal with and they will provide anything you need in writing...not some speculated water-down answer from a finance person at the dealership. Can you tell I have no use for the financing people at dealers! Once lied to, never again!
Customer Service in the Continental U.S.: (800) 874-7050
Save yourself some time and frustration and give them a quick call. I have found Lexus/Toyota financing very easy to deal with and they will provide anything you need in writing...not some speculated water-down answer from a finance person at the dealership. Can you tell I have no use for the financing people at dealers! Once lied to, never again!
Customer Service in the Continental U.S.: (800) 874-7050
Driver
Joined: May 2017
Posts: 88
Likes: 8
From: fl
Unfortunately, I called Lexus financial and spoke to 3 different people and in the end they said I hadd to work with the dealer to get this information. The dealer would submit applic and process and the info would be provided re the rebate and payoff terms. Complete waste of time.
Racer
Joined: Apr 2016
Posts: 1,387
Likes: 349
From: ON
Wow that's crazy! You would think that they would want to make it clear to you...Maybe once a few payments have been made you can check with them. They probably don't even have your file submitted and in the systems yet. Maybe the dealer gives the rebate out of their margin? Give them a shout after a payment....Hey, you must be in your new ride!! It's past noon.
Driver
Joined: May 2017
Posts: 88
Likes: 8
From: fl
Wow that's crazy! You would think that they would want to make it clear to you...Maybe once a few payments have been made you can check with them. They probably don't even have your file submitted and in the systems yet. Maybe the dealer gives the rebate out of their margin? Give them a shout after a payment....Hey, you must be in your new ride!! It's past noon.
I expected ted more from LFS when I called them this morning. It was not a smooth process. Agree on idea of calling them once I have an official account.
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Driver
Joined: May 2017
Posts: 88
Likes: 8
From: fl
I drive a Yukon Denali but look forward to some windshield time in the RX
Driver School Candidate
Joined: Dec 2013
Posts: 37
Likes: 3
From: DMV
Congrats on the new ride. What kind of RX did you end up getting?
Rookie
Joined: May 2017
Posts: 54
Likes: 4
From: CT
2017 RX450h MSRP $58500 (Luxury package plus few small packages)
paid $3000 under Invoice
ok deal
the car was manufactured April 11, 2017, and got it May 11. (paid carfax $25 to get this info, but dealer can give this report if you ask)
Now that is fresh off the parking lot.
paid $3000 under Invoice
ok deal
the car was manufactured April 11, 2017, and got it May 11. (paid carfax $25 to get this info, but dealer can give this report if you ask)
Now that is fresh off the parking lot.
Last edited by guan01; Jun 4, 2017 at 07:25 PM.
Driver School Candidate
Joined: Jun 2017
Posts: 1
Likes: 0
From: Louisiana
I was looking at a 2017 RX350 F sport with an MSRP of $57,608. This car was a courtesy car for a PGA golf tournament with 125 miles. The lowest price they will go to is 54,000 or 54,600(for a non PGA car) not including the $1,000 rebate. This is not including TTL. I have been told by both the sales manager and sales representative this is their best and final price. In fact, I was told by the sales rep that this price was the lowest he has ever seen it and that he wouldn't be able to put a meal on the table for his family because of it. After reading through this message board, I'm realizing that I could be getting a better price elsewhere. Any suggestions? I'm in the New Orleans area if that helps!
Rookie
Joined: May 2017
Posts: 54
Likes: 4
From: CT
I corrected my error, it's now correct, $3000 under invoice NOT $3000 under MSRP.
About 10% under MSRP if you like to look at it this way. Which is about average base from what I read on this great Forum.
My opinion is never walking into a dealership without an agreed deal. It's much easier to negotiate over email.
Face to face negotiate is buyer's disadvantage.
I am in the CT state. If you can get a copy of someone's Lexus PO, and ask to price match, you will have greater success.
(if you need, I can send you one)
Especially if the car has 150 miles on it, my opinion is 12-15% under MSRP.
My first dealer trying to pass me a car that has 140 miles on it, and I passed, took to PO to another dealer and price match it.
$58500 MSRP car, got out the door price for $56500
About 10% under MSRP if you like to look at it this way. Which is about average base from what I read on this great Forum.
My opinion is never walking into a dealership without an agreed deal. It's much easier to negotiate over email.
Face to face negotiate is buyer's disadvantage.
I am in the CT state. If you can get a copy of someone's Lexus PO, and ask to price match, you will have greater success.
(if you need, I can send you one)
Especially if the car has 150 miles on it, my opinion is 12-15% under MSRP.
My first dealer trying to pass me a car that has 140 miles on it, and I passed, took to PO to another dealer and price match it.
$58500 MSRP car, got out the door price for $56500
Driver School Candidate
Joined: May 2017
Posts: 6
Likes: 0
From: CA
I corrected my error, it's now correct, $3000 under invoice NOT $3000 under MSRP.
About 10% under MSRP if you like to look at it this way. Which is about average base from what I read on this great Forum.
My opinion is never walking into a dealership without an agreed deal. It's much easier to negotiate over email.
Face to face negotiate is buyer's disadvantage.
I am in the CT state. If you can get a copy of someone's Lexus PO, and ask to price match, you will have greater success.
(if you need, I can send you one)
Especially if the car has 150 miles on it, my opinion is 12-15% under MSRP.
My first dealer trying to pass me a car that has 140 miles on it, and I passed, took to PO to another dealer and price match it.
$58500 MSRP car, got out the door price for $56500
About 10% under MSRP if you like to look at it this way. Which is about average base from what I read on this great Forum.
My opinion is never walking into a dealership without an agreed deal. It's much easier to negotiate over email.
Face to face negotiate is buyer's disadvantage.
I am in the CT state. If you can get a copy of someone's Lexus PO, and ask to price match, you will have greater success.
(if you need, I can send you one)
Especially if the car has 150 miles on it, my opinion is 12-15% under MSRP.
My first dealer trying to pass me a car that has 140 miles on it, and I passed, took to PO to another dealer and price match it.
$58500 MSRP car, got out the door price for $56500