Notices
RX - 4th Gen (2016-present) Discussion topics related to the 2016 and up RX350 and RX450h models
Sponsored by:
Sponsored by:

2018 RX Best Prices So Far?

 
Old 01-24-18, 12:00 PM
  #16  
coolsaber
Lexus Champion
 
Join Date: Mar 2015
Location: In your head
Posts: 2,253
Received 54 Likes on 49 Posts
Default

Originally Posted by mikemu30 View Post
Really depends how long you plan to keep it. If many years, just go for the older model as the depreciation on both will get much closer at that point.
If discounts are the same, thats incorrect. Always faced with more depreciation based off of MY.

Usually if you are talking 17s in Calender year 2018, no serious dealer will stick to similar discounts. They need to move these units with a given timeframe from the factory and more so before Q1 18 so they will move em with discounts. What they might do, is if you are a indecisive naive customer whose bargaining skills are bit dull, say The 18s dont have any discounts so your best to take the 17 with whatever crumbs were offering you (when in reality the 18s have a discount)
coolsaber is offline  
Old 01-24-18, 12:08 PM
  #17  
mikemu30
Lexus Champion
 
Join Date: Jul 2017
Location: NJ
Posts: 1,838
Received 186 Likes on 163 Posts
Default

Originally Posted by coolsaber View Post
If discounts are the same, thats incorrect. Always faced with more depreciation based off of MY.

Usually if you are talking 17s in Calender year 2018, no serious dealer will stick to similar discounts. They need to move these units with a given timeframe from the factory and more so before Q1 18 so they will move em with discounts. What they might do, is if you are a indecisive naive customer whose bargaining skills are bit dull, say The 18s dont have any discounts so your best to take the 17 with whatever crumbs were offering you (when in reality the 18s have a discount)
Of course the book/FMV values will be somewhat different but I'm just saying that the longer you keep the car, the less it will matter. Of course, the discounts should NOT be the same anyway.
mikemu30 is offline  
Old 02-11-18, 02:01 PM
  #18  
frazierwa
Driver School Candidate
 
frazierwa's Avatar
 
Join Date: Jan 2014
Location: Colorado
Posts: 48
Likes: 0
Received 5 Likes on 4 Posts
Default Current Lease Expiring - Good time to Buy RX?

The lease on my 2015 GS350 expires in a couple of months and I've set my sights on a 2018 RX AWD. I know there are currently some incentives that expire at the end of February; does anyone know what is in store after the current round of incentives expire? Can anyone provide some guidance about what discounts are available? I'm in the Denver area but I'm willing to travel to get the best price. I'd like most of the major options and they seem to run the MSRP to about $61k. Is an $8k discount likely to be had? Even thought about hiring a broker; anyone had any luck going that route? Any suggestions appreciated. I usually lease and only put about 7k miles per year on my vehicle if that makes a difference in the analysis.
frazierwa is offline  
Old 02-11-18, 03:53 PM
  #19  
ravenuer
Lead Lap
 
Join Date: Nov 2017
Location: New York
Posts: 487
Received 51 Likes on 43 Posts
Default

Originally Posted by frazierwa View Post
The lease on my 2015 GS350 expires in a couple of months and I've set my sights on a 2018 RX AWD. I know there are currently some incentives that expire at the end of February; does anyone know what is in store after the current round of incentives expire? Can anyone provide some guidance about what discounts are available? I'm in the Denver area but I'm willing to travel to get the best price. I'd like most of the major options and they seem to run the MSRP to about $61k. Is an $8k discount likely to be had? Even thought about hiring a broker; anyone had any luck going that route? Any suggestions appreciated. I usually lease and only put about 7k miles per year on my vehicle if that makes a difference in the analysis.
IMHO, anyone that only puts on 7k a year should not lease. Buy it and keep it for 10 years or so.
YMMV, of course.
ravenuer is offline  
Old 02-11-18, 04:13 PM
  #20  
coolsaber
Lexus Champion
 
Join Date: Mar 2015
Location: In your head
Posts: 2,253
Received 54 Likes on 49 Posts
Default

Originally Posted by frazierwa View Post
The lease on my 2015 GS350 expires in a couple of months and I've set my sights on a 2018 RX AWD. I know there are currently some incentives that expire at the end of February; does anyone know what is in store after the current round of incentives expire? Can anyone provide some guidance about what discounts are available? I'm in the Denver area but I'm willing to travel to get the best price. I'd like most of the major options and they seem to run the MSRP to about $61k. Is an $8k discount likely to be had? Even thought about hiring a broker; anyone had any luck going that route? Any suggestions appreciated. I usually lease and only put about 7k miles per year on my vehicle if that makes a difference in the analysis.
Just get in touch with a couple of local dealers see what they are doing and go from there. 15% can be doable for certain areas and inventories if you try. But if your going with a broker, why even bother, you are going to pay them to do get you the best deal? I think the best deal I saw was in Nov 17

2017 Lexus RX 350 2WD
MSRP: $44,494
Selling Price: $37,601.00
Rebates: $1000.00 Loyalty included in price
Months: 36
Annual Mileage: 10,000
MF: .00010
Residual: 56%
Total Due At Signing: $1644.00 = Inceptions
Monthly Payment (excl. tax): $359.00
Lease offer requires loyalty. Payments without loyalty: $389.00
coolsaber is offline  
Old 02-11-18, 05:09 PM
  #21  
JSracer
Lead Lap
 
Join Date: Sep 2017
Location: MN
Posts: 655
Received 68 Likes on 59 Posts
Default

Originally Posted by coolsaber View Post
Just get in touch with a couple of local dealers see what they are doing and go from there. 15% can be doable for certain areas and inventories if you try. But if your going with a broker, why even bother, you are going to pay them to do get you the best deal? I think the best deal I saw was in Nov 17

2017 Lexus RX 350 2WD
MSRP: $44,494
Selling Price: $37,601.00
Rebates: $1000.00 Loyalty included in price
Months: 36
Annual Mileage: 10,000
MF: .00010
Residual: 56%
Total Due At Signing: $1644.00 = Inceptions
Monthly Payment (excl. tax): $359.00
Lease offer requires loyalty. Payments without loyalty: $389.00
might be a good deal, but that's a far cry from a 61k trimmed rx350
I was seeing over 11k off a loaded rx450 when I was looking a few months back
JSracer is offline  
Old 02-11-18, 05:30 PM
  #22  
LexusNewTX
Driver School Candidate
 
Join Date: Feb 2018
Location: TX
Posts: 2
Likes: 0
Received 0 Likes on 0 Posts
Default

New to Lexus family of vehicles. Looking to buy 2018 RX 350 Front Wheel drive. A couple of queries:
1. What kind of fuel we need to use for RX 350? Regular or Premium?
2. Looking at Premium Package with navigation, Blind spot + Cross-traffic alert, moon roof and the finance price is at $50,500 (includes destination) + taxes and registration @ a Dallas dealer. Is this a fair price for 2018 model?

Thanks
LexusNewTX is offline  
Old 02-11-18, 06:27 PM
  #23  
mssca
Driver
 
Join Date: Nov 2017
Location: Alberta
Posts: 111
Received 10 Likes on 9 Posts
Default

Originally Posted by LexusNewTX View Post
New to Lexus family of vehicles. Looking to buy 2018 RX 350 Front Wheel drive. A couple of queries:
1. What kind of fuel we need to use for RX 350? Regular or Premium?
2. Looking at Premium Package with navigation, Blind spot + Cross-traffic alert, moon roof and the finance price is at $50,500 (includes destination) + taxes and registration @ a Dallas dealer. Is this a fair price for 2018 model?

Thanks
1. You can use regular fuel (87 octane) and it should work fine. It will not harm your engine. But you can also go to higher octane gas for a tiny bit of performance boost. There is a huge debate here on CL which gas to use -_-
2. Can't answer because I am in Canada. US prices are different.
mssca is offline  
Old 02-11-18, 06:51 PM
  #24  
coolsaber
Lexus Champion
 
Join Date: Mar 2015
Location: In your head
Posts: 2,253
Received 54 Likes on 49 Posts
Default

Originally Posted by LexusNewTX View Post
New to Lexus family of vehicles. Looking to buy 2018 RX 350 Front Wheel drive. A couple of queries:
1. What kind of fuel we need to use for RX 350? Regular or Premium?
2. Looking at Premium Package with navigation, Blind spot + Cross-traffic alert, moon roof and the finance price is at $50,500 (includes destination) + taxes and registration @ a Dallas dealer. Is this a fair price for 2018 model?

Thanks
2. What is sticker vs what is negotiated?
coolsaber is offline  
Old 02-11-18, 06:52 PM
  #25  
coolsaber
Lexus Champion
 
Join Date: Mar 2015
Location: In your head
Posts: 2,253
Received 54 Likes on 49 Posts
Default

Originally Posted by JSracer View Post
might be a good deal, but that's a far cry from a 61k trimmed rx350
I was seeing over 11k off a loaded rx450 when I was looking a few months back
True, and if so even better at 18% off. Deals are to be had, just need to seek around
coolsaber is offline  
Old 02-12-18, 07:50 PM
  #26  
LexusNewTX
Driver School Candidate
 
Join Date: Feb 2018
Location: TX
Posts: 2
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by coolsaber View Post
2. What is sticker vs what is negotiated?
2018 RX 350 FWD MSRP: 54,639
Premium Package with Navigation
After all the discounts, the negotiated price is $50,500 + taxes.
LexusNewTX is offline  
Old 02-13-18, 06:16 AM
  #27  
JeffKeryk
Driver
 
Join Date: Nov 2012
Location: CA
Posts: 152
Received 26 Likes on 21 Posts
Default

In Silicon Valley, I am getting opening quotes of 5 to 10% discount on 2018 RX450H nicely equipped (Premium Package). $55K to $57K MSRP. You can negotiate from there. Of course February is early in the model year, so discounting is less. There are only a very few 2017 hybrids left, in less desirable interior colors. Plus MSRP is thousands less on the 2018's. That's why the 2017's are still on the lot; most people prefer the new model. I am buying a 2018, probably pay about $50K for a $55,700 MSRP. Plus tax, doc, dmv, etc. I imagine any 2017's could be had for a great price if you can find the right car. Personally, I will buy the car I want rather than the absolute lowest price. Just my 2 cents.
JeffKeryk is offline  
Old 02-13-18, 06:31 AM
  #28  
lesz
Lexus Champion
 
Join Date: Aug 2013
Location: Illinois
Posts: 3,249
Received 356 Likes on 303 Posts
Default

Originally Posted by JeffKeryk View Post
In Silicon Valley, I am getting opening quotes of 5 to 10% discount on 2018 RX450H nicely equipped (Premium Package). $55K to $57K MSRP. You can negotiate from there. Of course February is early in the model year, so discounting is less. There are only a very few 2017 hybrids left, in less desirable interior colors. Plus MSRP is thousands less on the 2018's. That's why the 2017's are still on the lot; most people prefer the new model. I am buying a 2018, probably pay about $50K for a $55,700 MSRP. Plus tax, doc, dmv, etc. I imagine any 2017's could be had for a great price if you can find the right car. Personally, I will buy the car I want rather than the absolute lowest price. Just my 2 cents.
Another factor that should be considered when deciding whether to buy a 2018 or a left over 2017 is how long one plans to keep the vehicle.

For the next several years, the re-sale/trade-in value of a 2018 RX will be $3000-4000 higher than will be the re-sale/trade-in value of a 2017 RX. Thus, for those who plan to keep the car, say, for 3-4 years, there will be no net savings in buying a 2017 for $2500-3000 less than what they would have to pay for a 2018, and there may well be a net loss.

Money saved by buying a 2017 RX will only become real savings for those who plan to keep the car, say, for 6 or 7 years or more, at which time the difference between the re-sale/trade-in value of the 2018 and that of the 2017 starts to shrink to $2000 or less. Before that time, any money saved at the time of purchase of a 2017 will be lost at re-sale/trade-in time.
lesz is offline  
The following users liked this post:
ravenuer (02-13-18)
Old 02-13-18, 06:55 AM
  #29  
johnhey
Rookie
 
Join Date: Jul 2017
Location: ON
Posts: 70
Received 8 Likes on 4 Posts
Default

Originally Posted by lesz View Post
Another factor that should be considered when deciding whether to buy a 2018 or a left over 2017 is how long one plans to keep the vehicle.

For the next several years, the re-sale/trade-in value of a 2018 RX will be $3000-4000 higher than will be the re-sale/trade-in value of a 2017 RX. Thus, for those who plan to keep the car, say, for 3-4 years, there will be no net savings in buying a 2017 for $2500-3000 less than what they would have to pay for a 2018, and there may well be a net loss.

Money saved by buying a 2017 RX will only become real savings for those who plan to keep the car, say, for 6 or 7 years or more, at which time the difference between the re-sale/trade-in value of the 2018 and that of the 2017 starts to shrink to $2000 or less. Before that time, any money saved at the time of purchase of a 2017 will be lost at re-sale/trade-in time.
well said. completely agree.
johnhey is offline  
Old 02-13-18, 08:43 AM
  #30  
JeffKeryk
Driver
 
Join Date: Nov 2012
Location: CA
Posts: 152
Received 26 Likes on 21 Posts
Default

I used to play with classic Corvettes. I had to buy 4 to realize you need to buy the car you really want, otherwise you will not be satisfied.
Of course price is a huge factor, but get the car you want.
JeffKeryk is offline  

Thread Tools
Search this Thread
Quick Reply: 2018 RX Best Prices So Far?


Contact Us - About Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

© 2019 MH Sub I, LLC dba Internet Brands

We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.
 
  • Ask a Question
    Get answers from community experts
Question Title:
Description:
Your question will be posted in: