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2013 and earlier Lexus RX 350 Prices Paid and Buying Experience

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Comments

  • RX350 AWD invoice price is $32,752 according to edmunds.com. Why you said it is 42,979?
    See http://www.edmunds.com/new/2010/lexus/rx350/101142322/prices.html.
  • kyfdxkyfdx Posts: 27,671
    Yes... the dealer gets the financial reserve and holdback returned to them..

    The invoice price doesn't change.. Edmunds invoice is the same as the factory invoice (except for advertising charges). Invoice does not necessarily equal dealer cost.

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • kyfdxkyfdx Posts: 27,671
    I thought the invoice price on Edmunds should have included everying with the possible exception of advertisement.

    It does..

    If the vehicle at the dealer has a different (higher) MSRP, then you aren't comparing apples to apples... If you want an accurate invoice number, you have to work off identical MSRPs.. Also, make sure the MSRP is what's at the bottom of the Monroney sticker.. If the dealer makes additions to that, obviously it won't be reflected in Edmunds numbers..

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • rparisrparis Posts: 368
    How much is financial reserve?

    So, when a dealer shows a customer invoice, dealer cost is actually bit below figures being shown due to the holdback and financial reserve a dealer ultimately receives.
    Is this correct?
  • bond8bond8 Posts: 33
    Guys,
    A lot of you have asked questions about holdbacks and other fees. I can share something I found very useful when I wsa buying my car. Go to the link below. It has a lot of tips about car buying and will also provide you information about pricing. Additionally I found the 7 chapters at the bottom extremely helpful during negotiations. This really helped me get a good deal on my RX.

    http://www.carbuyingtips.com/carintro.html
  • rparisrparis Posts: 368
    I recall, your discount which is probably the best I have seen!!
    Have you tried using gas with less than the 93 octane you had commented on?
  • $32,752 is FWD (base model with no options), not AWD. My RX is AWD and pretty much fully loaded except rear entertainment system and few minor options. MSRP is $47,404 and dealer's invoice is $42,979, and I paid $42,600.
  • bond8bond8 Posts: 33
    No I havent used anything less than 93 and I do not intend on doing that either.
  • rparisrparis Posts: 368
    Thanks-how many mpg do you average and what kind of driving-city or highway mostly?
  • What options did you buy?
  • I am looking for a new 2010 RX 350 with Navigation in Houston preferably but willing to go to any other Texas dealer. MSRP seems to be around 46,500 which comes with the premium and comfort packages, 19 inch weels, nav, wood knob and a few other options. I really don't want the other options (I do want the 19 inch, premium and comfort package and nav though) but I have been told the RX is only coming in 3 different ways to the dealer and the 46,500 is the cheapest with navigation. The next level up would be with the luxury package and rear seat entertainment - I for sure don't need that nor can I afford it!

    I am looking to pay 42,500 - roughly 4 k below MSRP. Does this seem reasonable for Texas? Our economy hasn't been hit as bad as California. I've thrown the number out to Northside - was quickly told 46k is the best he could do. A dealership in Austin and Dallas went to 44k in the first email exchange. Should I keep trying or just settle for a package without navigation?

    Does anyone know any Houston dealers that will give me 4k off MSRP? All the dealerships I have contacted know I am looking at all Texas dealers.

    Any advice would be great .. I am looking to buy as soon as possible and have all the cash and financing ready to go!
  • anybody knows rx450h forum for price?
  • kyfdxkyfdx Posts: 27,671

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • I have a 2004 RX330 with 56K miles. I am looking to buy 2010 with Nav and want to know the best deal people are getting in NY (Long Island). I was offered only $14,500 for the 2004 by Mercedes dealer so I am thinking of selling it privately. I see others are getting below dealer invoice. Anyone buy on Long Island?
  • can you tell me the dealership and the salesman
    i am looking for a similar car.
    thanks
    sree
  • Lexus of Silver Spring, Ajay.
  • Very frustrated and disappointed with Lexus right now. I love this car, I want to buy this car, but I don't want any packages tacked on. They advertise the base model for the RX350 AWD to start at 39k, but apparently those don't actually exist. I have contacted 8 dealers and have heard the same story over and over again, they just aren't available. Why even have a base model if you are forced into purchasing the almost $3k premium package? Is this just fraudulent Lexus advertising? Apparently they can't even be ordered. Has anyone ever seen a base model RX350? Any advice? This is my last resort, I am very close to just giving up and buying a Venza. I live in PA.
  • svofan2svofan2 Posts: 440
    I feel the same as you.....I recommend that you go the Venza route (as I am planning to do)...Venza oil changes...$25.00...RX350..uhmmmmm...I heard as much as $125 (inflated with "check this and that)...your choice....I am done no RX350 I don't want another mortgage.....
  • c2008c2008 Posts: 17
    I was looking for a base AWD too but was told by all dealers the exact the same thing you have heard. There is basically never base AWD built. Unfortunately I think it is a fact that the lowest AWD you can buy is the one with MSRP over 43k. I ended up settle on one with PM, EC, HS,WU,TO. TO is totally useless for me (I have never towed anything in my life). I think this is probably one of lowest options you can find.
  • Seriously, I don't understand how they can get away with doing that? Can it possibly be legal? Unfortunately, my budget is just too tight to settle on one with any added options. I am glad that you were able to afford all those extra options. So are you happy with your purchase regardless? I have to admit that I am jealous :-) Enjoy your new ride!
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