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Lexus LS 460 Prices Paid and Buying Experience

patpat Posts: 10,421
Let's hear about your purchase experience with your new LS 460!
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Comments

  • Test drove one today at dealership in Alexandria, VA. They had only one vehicle in stock (lots of accessories) plus one demo, all other reportedly sold! Dealer would not budge from 72k which is 17%+ mark up. Walked away because the value is not quite there.
  • jensadjensad Posts: 388
    I have encountered dealers like you describe. I made sure that I never went back and purchased anything from them, not even the oil and air filters for my vehicle.

    Their loss and your gain.

    Good luck to all and happy and peaceful holidays to all.

    jensad
  • rgswrgsw Posts: 333
    I presume you were going for a cash deal and not a trade?
  • Yes, you are correct. I realize that Lexus is a marquee brand however in this very competitive market the competition will catch up and surpass in the sales experience of prospective customers.
  • rgswrgsw Posts: 333
    I have traded in several LS430s on a newer LS430 and have not got into what the dealer is asking for the car. All I'm concerned about is what's the difference between the trade and the new car. I've been pleased with the trade-in value of the LS430.
  • I just traded my '06 LS 430 on a '07 LS 460. $4K off list on the new car, $45K trade on my year-old car. The tradein has 16k miles, and cost me $54K new.
  • ideleidele Posts: 200
    I gather that the net capital cost of your 06 LS430 was $5000 for the year which is truly excellent.
  • Previously, I owned a BMW 7-series (the 12-cylinder variant). Between the huge deprecation factor, and the mind-boggling repair cost (and frequent trips on a flatbed), it was nice to trade a car in, and not suffer a big loss. I have now picked up the LS 460, and the dealer even sweetened the deal a bit. The car now has 1,200 miles. It is the best car I have ever driven, let alone owned. EVERYTHING about this car is top notch. I do not believe it is an exaggeration to say this is the best car ever manufactured.

    You could spend a lot more for the exclusivity of a Bentley or Rolls, but I am not sure the car would be any better. That last comment is sure to draw some fire, but the car is that nice.
  • Previously, I owned a BMW 7-series (the 12-cylinder variant). Between the huge deprecation factor, and the mind-boggling repair cost (and frequent trips on a flatbed), it was nice to trade a car in, and not suffer a big loss. I have now picked up the car, and the dealer even sweetened the deal a bit. The car now has 1,200 miles. It is the best car I have ever driven, let alone owned. EVERYTHING about this car is top notch. I do not believe it is an exaggeration to say this is the best car ever manufactured.

    You could spend a lot more for the exclusivity of a Bentley or Rolls, but I am not sure the car would be any better. That last comment is sure to draw some fire, but the car is that nice.
  • I am looking to purchase an LS460 in Southern CA. One dealer told me they wouldn't go under msrp. Another dealer told me they would go 1000 under. has anybody done any better? Thanks. What about other areas of the country?

    socalcar1
  • pearlpearl Posts: 336
    told me that he still had a "45 car backlog" of orders to fill and that they were "not discounting at all". Not sure how true that is, but those were his words. My guess is that most dealers are still pretty close to MSRP. If someone will sell you one for $1000 under that may be among the better opportunities.
  • Granite mica, alabaster leather, Navigation System/Mark Levinson /Advanced Parking Guidance System Package, Comfort Package, Lexus Link, Intuitive Parking Assist, Power door closers and power rear trunk. No obvious defects. Car was driven mostly by owner and has 5500 miles. I would lease for 3 years. 58% residual for 12K/y x 3 with .0030(8%) interest.
  • I have a friend who is a Sales Manager at a Lexus dealership. He said they have been selling the cars at MSRP, plus they added required garbage to build another $3000 into the purchase price. He said right now they are selling them at MSRP, but for a preferred customer they would discount $1000, but that's it.

    BTW, I drove one today and it is a NICE car!
  • ljflxljflx Posts: 4,661
    That's exactly what happened to me - got $1K off because I'm a preferred customer. What made it feel good was that they did it on a custom order which is usually never discounted. Otherwise the cars here in NJ go full MSRP unless there's really an undesirable color or color combo they get in.
  • I ordered my LS460. Noble Spinel Mica, Cashmere Interior, Nav/ML/Adv. Parking Guidance, Comfort Package, Pre-Collision and Dynamic Cruise Control, Power Door and Trunk Closers, and Preferred Accessory Pkg.

    The dealership doesn't send in their orders until late in the month, so the expected delivery isn't until late June or July. So I also have time to change my mind about the color. I've been struggling between the one I selected and the Black Sapphire Pearl and the Mercury Metallic. My wife disliked the Sapphire Pearl and liked the Smokey Granite and Golden Almond. What happened to the good ole days when all you could order was black! :D

    Well, all I can do now is sit and wait.
  • I've decided to buy a new Ls460 with the navigation/ML package. I live in the Atlanta area. Are any of the dealers discounting the car at all in Atlanta?
  • I'm looking to buy the 460L and have interest in maximizing the safety of the vehicle. The larger brakes offered in the Touring package combined with the additional 2 rear airbags offered with the Luxury package seem like great choices. When I attempted to order this, they wouldn't build the car. Here's the response I got from Lexus' CA-based production group via my dealer at Lexus of Austin:

    "The Touring Package cars are weight restricted. The only option you can add to the TP car is the upgraded audio system. The engineers are concerned about having that much weight on the 19" wheels. Same with the LS600h.....the cars with the executive seating get the 18" that are on the current LS460 instead of the new 19" wheel." :(

    This leaves me nervous about the level of confidence they have about the larger wheels. Many of the reviews have complained that the standard brakes on the 460 are not competitive. If I'm going to spend $80K on a car, it seems like I should benefit from rear side airbags and big brakes.

    Can anyone comment on this? Thanks,

    Dave
  • I don't have rear seat passengers so the rear side airbags are not a consideration. I did want the air suspension and larger brakes, but unfortunately it wasn't available in the SWB. I don't need nor want the longer wheel base model. I have read reviews that give the standard brakes good marks, and I don't drive as aggressively as I used to!

    If safety is paramount to you, I think Volvo offer the greatest degree of safety.
  • atlnlnatlnln Posts: 5
    Looking at a beautiful LS 460 w/ <5000 miles. Offered today and priced at $69900. Called me back w/ 67K - full package - NAV/MLevinson sound, etc. Am I walking away from a great deal? Or, should I lease a new car for 71K. If so, what is the money factor (Georgia)? Residual? ball-park... Thanks much in advance. These cars are truly incredible!
  • lewis250lewis250 Posts: 3
    ok here in norcal i just purchased a brand new 2007 LS460 W/ML and of course it's fully loaded at 65,357.00 + the usual .. what do you guys think? how'd i do? haha and what was great was that i only spent 4 hours .... just be strong and determined and trust me it's definatly possible.. i could have walked away with 65even easily but ... didn't want to waste the time...
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