so.. are there any lexus incentives expected on 2017 models when 2018 models are coming in the market. I mean, that incentive should be applied after the dealer discounted 10%-15% amount.. any idea friends?

 

As of today (7-6-17), the advertised factory rebate for the RX went up from $1000 to $1500. The $1500 rebate is in effect until 7-31. I would guess that there is a good chance that, in August, the advertised rebate will be higher, and that is also about when dealers should be getting increased unadvertised incentives from Lexus to help them reduce their 2017 inventories. So, now should be a good time to buy an RX, and it should be even better in a month or so.

 

Thanks . Also for my understanding and if it helps anyone reading this forum, How was the incentives in 2016 when 2017 model came in the market? Any idea my friend? I am trying to figure out my bargaining power with the dealerships.

 

I didn't have any luck with any of the boston area dealers over the late June/July 4th weekend. None of them would give me a price over email or even over the phone, even after I specifically requested pricing info on a specific RX350.

 

As of July 6th, here are the programs for the RX350 / RX450H,

$750 LOYALTY CASH // no trade in required
$2000 LEASE CASH
$1500 if you pay cash, finance through your own bank, or use LEXUS standard rates at 3.99.

If you have any questions, please don't hesitate to PM. I'll try and respond to the best of my ability.

1.9% financing for up to 72 months on approved credit

 

How does one find out if loyalty cash is available in my area? I checked the Lexus website and didn't have it for the RX.

 

Can you stack incentives? Like $750 for current owners + $1,500 if you use your own bank?

 

Hi everyone,

I just bought my first Lexus today and it's a 2017 RX450h F-Sport. The MSRP was $63,359, but I got it down to $57,000 before TTL which is about 10% off. Do you guys think if this was a good deal?

 

It seems to me that most people on this site (or in this thread at least) purchase their Lexus (as oppose to lease it). I am looking to lease a fully loaded RX450h F sport with an MSRP of $63K and change with a 36-month term. If anybody has recently entered into a lease for this type of vehicle, please let me know the following:
Base monthly payment (before taxes):
Amount due at lease signing:
Term:
Residual value:
Mileage allowance:
Gross Capitalized Cost:

Thank you very much for your help with this.

 

Have you been told $750 Loyalty cash is only offered for leased vehicles?

 

10% off sounds good to me. You never know if it's the bottom price the dealer will take. But as supply/choice gets less and less at least you get the car/color you want. Whether they would have taken 300 more off, in the big picture...does it really matter if you got the car you want. Great choice on the 450H F sport. That's my next one. Congrats.

 

Yeah, I shopped around Los Angeles and there was no one that would even try to match my $57k offer let alone try to beat it. I'm definitely stoked about my purchase. Anyways, thanks for the reply FastFord! I hope you get your 450h F-Sport soon!

 

Loyalty rebate will only apply to lease / finance through Lexus financials. You can get a rebate as long as you own a Lexus in your household. i.e: proof of insurance, registration, or anything that shows you own a lexus CURRENTLY.

 

Thanks, that is what I figured. This is my third Lexus, we did finance with Lexus and they told us loyalty bonus is only for people that lease a vehicle. Should I contact Lexus directly or keep dealing with my dealership?

 

I assume the incentives vary by region, anyone know what the incentives are for the Northeast (NY)?