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2013 and earlier Lexus RX 350 Prices Paid and Buying Experience

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  • I leased 2009 FWD with Navigation. MSRP is 44,800. Negotiaed sale price is $35340. Then added XM Radio for $695. That brought the Gross capitalized cost to $36306 (approx). Dealer added acquision fees of $700. I do not know what it is. I am leasing it for the first time. Probably you can negotiate this also. Money factor is 0.00285 (which is equivalent to 6.84% apr, multipy MF * 2400). It is 3 Year year lease with 12,000 miles/year. Residual value at the end of 3 year period is 49% of MSRP equivalent to $21972. Monthly payment is $618.83 (including 7% tax) and first month payment is $1045.83 (includes first month payment, title, dealer processing fees). Additional charges 0.25/mile.

    I was offered 4.45% APR if I buy the car for 5 year finance. I should have gone with that. I did not know how to convert APR to MF. I think they took advantage of it. I know now. MF would be 0.0020625 for 4.45 % APR.
  • Lookingforadeal,

    I'm looking for the same vehicle here in the Midwest. 2008 AWD, I've seen several with 20-30k miles priced $31-35 list. I've also tracked E-bay bids and buy now pricing. I would say fair sales pricing is somewhere between 25-29K. My personal strategy is to wait until the end of the month, then offer cash price around 25K to several dealers stressing this deal is final price nothing added. I'll see if there is any interest. With dealer incentives of 5K on new vehicles there's no need to offer anywhere near what they are asking. If you have the cash, I'd shop around and start getting quotes. Best of luck :D
  • Last week we got my wife a 09 FWD RX with Premium Pkg, 18" wheels, Towing prep, rain sensing wipers for $32,099.98 (MSRP 40,576 incl destination), added XM on top of that for $475 for a total of $32,574 +ttl. This prcee was without a trade in, so the numbers are good. Tlexus Finance (Toyota Captial) beat our Credit Union rate by 15bps, so we financed there and we feel real good about the purchase.

    Before buying a 2008, I would take a hard look at the 09s with the discount....
  • I tried the end of month approach, but couldn't get anything under $29k. I'm avoiding the 09 cars, due to pricing. I suppose this could change as the weeks go by!

    I'm going to wait a few more weeks and see how much the used inventories change, at the local dealers. I'm not in a hurry.
  • I am also considering purchasing the '09 Lexus 350 AWD, no nav. There is only one really (he has two dealership) within the 100 mile radius - SW PA. The price offered is $7000 below MSRP, no deals on interest rates. Good deal or better to wait till end of month?
  • last month deals in the Phila area were about $10k off MSRP.
  • I would enquire about the manufacturer to dealer incentive totaling $5000 on 2009's. If you subtract $5000 from invoice of $34995 you should be @ a sales price of $30000. At this price the dealer still makes money on the deal, not to mention the money he makes on the financing and trade-in. Get as many quotes as you can. The 2010 model is already out, meaning dealers should be ready to clear remaining 2009's. Good luck.
  • smr36smr36 Posts: 59
    Anyone getting quotes on 2010 model?
  • murfemurfe Posts: 9
    Has anyone purchased a new 2009 AWD RX350 from Lexus of Peoria. I am considering one and I would like to know what others have been paying and if they had a good experience with this dealer. Is it still possible to get about $9000.00 of the sticker even if you have a trade in? This is the only dealer in central Illinois .I am not interested in paying the extra cost for the premium package with the NAV as I do not think it is worth the extra 3-4,000 that they are asking.
  • I live right between Peoria and the quad Cities and have been looking at the Volvo XC70 and the Lexus RX350. I did some checking on Ebay as well as Lujack's website and was pretty discouraged. Lujacks had rx with 20,000 plus miles listed for the cost of what others on this forum paid for brand new. I'm not sure if it's because of where we live or if it's because I keep thinking that one of these days these dealerships will post ads in newspaper like some of the bigger cities. Very frustrating...Plus, no one wants to deal over the phone.

    I will let you know if I go in...
  • murfemurfe Posts: 9
    I would stay away from the Volvo as I currently own a 2003 Volvo C70 and they are very expensive to repair. I only have 20,000 miles on it and once I had a problem with the security ring around the ignition failing to recognize the computer chip in the key and it wouldn't start. I went to see how much it would cost to have it fixed and they said $900.00 . I told them to forget it as it only happened once. They told me if it happens again to just remove the key and re-insert it and it should start. So much for security. I bought an RX 330 from Peoria in 2004 and it is the best SUV I have ever owned but they are the only game in town and thus are not to inclined to make a good deal. thank you for your response
  • You might want to check the Westmont Lexus Dealership. Call to see if they have any non-navigation available before you drive up there. They were down to about 5 non-navigation vehicles about 2-3 weeks ago. I was able to talk the sales guy down to $32,700 for a 2009 AWD Lexus RX350 with Premium Package. They didn't have the colors that I wanted so I ended up getting a Pebble Beach Edition from Bredemann Lexus in Glenview. Good luck.
  • smr36smr36 Posts: 59
    Here are msrp prices I received today for a 2 wheel drive RX350:
    Steve, I'll mail you a brochure when they mail them to us. No ETA yet.
    Pricing:

    $36800 Base price
    $110 12 speaker audio option
    $2440 Navigation system
    $2400 Premium package
    $330 Wood trim
    $92 Cargo area protector
    $81 Wheel locks
    $825 Delivery
    $43,078 Total
  • joxajoxa Posts: 2
    I just test drove a new 2010 rx 350 at my local dealership which just arrived last night. They are claiming that they will only sell for MSRP at this time.
  • Just left my dealer in Southern NJ. Guy offers $34,500 or $35,600 (Can't remember which now, sorry lonnnnggggg day) leasing for 36 mths, 12K driving miles a yr, $399 for monthy payment, but wants $3,000 or $4,000 down and this was for a 2009 RX 350, no nav, premium plus package, Black w/black interior, which I really like. Now is it just me or is this a little pricey still? Am I being too cheap? I guess I keep thinking since it doesn't have nav shouldn't it be cheaper? They only have 1 Breakwater blue & 1 Pebble Beach in stock with nav. Any suggestions? :confuse:
  • Looking for a 2009 Lexus RX 350 in NJ - did you ever find one at a good price? You mention Southern NJ - how far south?? So far I am not doing well in Central NJ
    I love the Pebble Beach - but having ahard time locating one.
  • DPerone,

    I'm in Marlton NJ. The dealership is on Route 73 South. It's listed as the Cherry Hill NJ dealer if you google it or you could put in 08053 as the zip code to bring it up. They moved to Marlton this summer to get a bigger lot. Hope this helps as they only had 1 in stock. Good Luck!
  • i just got my new rx 350 2009 yesterday at warnock lexus nj at the price of 34K with premium plus package and some additional acc...black exterior and gray interior...there is no more black and black so i settle for the latter one...i had an excellent sales agent, and his manager is great too...the finance manager is fantastic he was able to find me a great low apr for financing...so guys if u are looking for one try it in warnock nj...
  • Is this a good price - 09 RX Pebble Beach with NAV + SAT radio $36700? I live in los angeles anyone with similar deals or experiences?
  • What was the MSRP on the one at Warnock? Did you lease or buy?
    I am headed there later today. (I was waiting to hear about the new offer coming out today)
  • Why was I just about to ask the same thing as DPerone...lol. I keep debating about purchasing since I do l like the 2010's and it'd be nice to get one in a few years, but purchasing the 09's right now is a better bet I think.
  • msrp is 43,531, i had it financed...yeah they will unviel the new 2010 rx350... u should ask for the dealer incentive of 5k but it doesnt apply for the 2010...
    gud luck...
  • Thanks! I may go for the purchase - depending on the finance rate. I heard the $5000 only applies to purchases not leases.
  • Looks like I'll be purchasing too. Thanks for the feedback and wishing us both luck. I'll let you guys know how it turns out for me. :)
  • u should ask them if u want to lease and if 5k applies on this, 5k is a big discount huh... they r nice and honest...they dont give extra charge unlike in some dealers that i went and ask for a bill of sale..the finance manager usually gives advice for the best finance rate that u can get and if u r really serious of getting one they can get u a best finance rate quote depending on ur credit score...but i bet u, u can get the best one...i had great experience there...
  • Went to Warnock - great experience. Bought a 2009 - and the whole process took less than 1 hour. Very honest! There are VERY few left RX 350 on any lot in NJ - so I was afraid to wait. Got 8,500 off the MSRP with a lease. The finance guy was even nicer - no pushy sales techniques. They were also in no rush to pickup. In the past - I have had to drive the car off the lot that day! (I have a GMC lease that ends next week).

    Not sure if my experience with due to LEXUS or the dealer - but so much for buying American.
  • so much how was the msrp..yeah they r nice and honest...
    im happy u had the great experience...
  • JM Lexus in Margate FL. on their website says they have 170 2009's for 10000
    off.
  • We are going to buy a 2010.. did test drive on 2/14 got the feeling they are not going to deal much off of msrp... Any advice?
    thanks!
  • smr36smr36 Posts: 59
    "We are going to buy a 2010.. did test drive on 2/14 got the feeling they are not going to deal much off of msrp... Any advice?"

    Yes. Wait about 60 days. You should get a much better deal than msrp.
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