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2014 Lexus RX 350 Deals and Prices Paid

steverstever Viva Las CrucesPosts: 41,049
edited July 19 in Lexus
This discussion was created from comments split from: Lexus RX 350 Prices Paid and Buying Experience.

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Minivan fan. Feel free to message or email me - stever@edmunds.com.

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Comments

  • btfdbtfd Posts: 2
    edited December 2013

    What would a fair offer be for a 2014 RX 350 with a MSRP of 49,900? I was thinking of a offer that was 8% off the MSRP....any opinions or thoughts? Thanks.

  • btfdbtfd Posts: 2

    Dealer located in Texas.

  • ClairesClaires Chicago areaPosts: 979

    Hi, btfd -- other members are talking about their buying strategies in the RX 350 Prices Paid & Buying Experience Forum. Check it out!

    MODERATOR
    Need help getting around? claires@edmunds.com - or send a private message by clicking on my name.

  • Karen_CMKaren_CM Posts: 5,018

    @btfd said: What would a fair offer be for a 2014 RX 350 with a MSRP of 49,900? I was thinking of a offer that was 8% off the MSRP....any opinions or thoughts? Thanks.

    Did you look to see if any dealers in your area have signed up with Price Promise and compare with what you're looking to pay? Here is a link to the RX 350 page, http://www.edmunds.com/lexus/rx-350/2014/. Enter your zip code for dealers in your area.

    Community Manager If you have any questions or concerns about the Forums, send me an email, karen@edmunds.com, or click on my screen name to send a personal message.

  • MarkHolthoffMarkHolthoff Santa Monica, CAPosts: 71

    I checked True Market Value pricing for the 2014 RX350, and it looks like most people are paying about 2% under sticker. Still, it can't hurt to offer a little less and see what happens! Or, like Karen said, check out the Price Promise offers in your area and see what they look like. Good luck!

  • First time posting here and I wanted to thank you all for your posts because it helped me negotiate the deal below:

    2014 RX 350 F Sport MSRP $52,649 Final Price $47,250 27 month lease with 10K miles MF .001; Resid 70% $1000 out of pocket and $510.18 per month

    Got this offer from 2 dealers in SoCal, Longo Lexus and Mission Viejo Lexus. Good luck!!

  • cartman13cartman13 Posts: 43
    edited December 2013

    @awedio said:

    My understanding is $2k only for a purchase and financing through LFS. $500 +1st month for leases with LFS

    If you get the. To do the $2k on a lease more power to you!

  • awedioawedio Posts: 46

    My mistake, you were correct. $2k is only for a buy

  • awedioawedio Posts: 46

    Leased a '14 RX 350 F Sport (MSRP $52,649) Went 24 mo. @ 10K miles $1000 out of pocket, $535+ per month

  • @awedio said: Leased a '14 RX 350 F Sport (MSRP $52,649) Went 24 mo. @ 10K miles $1000 out of pocket, $535+ per month

    out of curiosity, why 24 and not 27? was the residual higher for the 24?

  • awedioawedio Posts: 46

    I'm not sure if the residual was higher, the 24 mo. payment was $5/mo higher.

    Since DMV fees are due at month 24, we thought why pay registration for the whole year & only "have" the car for another 3 months?

  • AJ415AJ415 San Francisco Bay AreaPosts: 4

    I think there are a few reasons to go 24 months. Awedio hit the first one about the registration. The second is the residual is a little higher on 24 months vs. 27. The third is that is you are leasing now, 24 months puts you back into the whole December to Remember event in two years. Instead of March the next time around.

  • awedioawedio Posts: 46
    edited December 2013

    AJ415, that's also an excellent point (re Dec. to remember). The Finance Manager & Sales guy at Keyes also mentioned this.

    They also said Lexus has a 3 month "trade-out" option where they allow you to get out of your lease if you have 3 months or less.

    Can anyone cofirm that?

  • awedioawedio Posts: 46

    The 15K service on the RX is said to cost approx $500

    Can anyone confirm that?

    All our services are included as part of our lease deal

  • AJ415AJ415 San Francisco Bay AreaPosts: 4

    Awedio, Did you want to list the specifics of the deal you made?

  • awedioawedio Posts: 46
    edited December 2013

    AJ415, no prob

    2014 RX 350 F Sport - Grey/Blk interior (MSRP $52,649)

    24 mo. @ 10K miles, $1000 out of pocket, $535+ per month

    IIRC, the 27 mo. deal had a payment of $527

    Later tonight, I will look at the deal sheet for the exact figures

  • Hmm. Interesting. Was thought I read lexus financial was floating the same residual for 24 and 27 months. What did your residual end up being?

    $535 tax included and $1k drive off sounds pretty good. Keyes is always very aggressive. Just hate chrome wheels - which doesn't look like they did to that f-sport thankfully!

    It's pretty typical that you can exit a lease 3 months early. But it's usually a balance if positive equity vs your remaining lease payments. Also you can always buy it out early as well. I rarely hit anywhere close to my mileage limit so typically get some money back selling it rather than turning it in.

    As for the service $500 seems awfully high. Call a couple dealerships and ask what it costs for a 2013 rx. I think the 20k service is the big one. But 5 and 10k are paid for my lexus. Still by my calc I passed up buying the prepaid service for $400.

    Congras on the new ride! Same color combo here!

  • awedioawedio Posts: 46
    edited December 2013

    Details:

    MSRP: $52,649

    Itemization of Gross Cap Cost: $49,331.15 = 48631 (agreed upon value) + 700 (acq. fee)

    Cap Cost Reduction: $892.14

    Adjusted Cap Cost: $48,439.01

    Residual: $37,907.28

  • awedioawedio Posts: 46

    My original plan was to lease the standard RX with Appearance pkg.

    I had never seen an F Sport in person (just pics on the web)

    One look at the F Sport, it was a no-brainer!

  • awedioawedio Posts: 46

    Paperwork shows 5, 10, 15 & 20K service's are included as part of the lease deal.

  • awedioawedio Posts: 46
    edited December 2013

    @AJ415 said: I think there are a few reasons to go 24 months. Awedio hit the first one about the registration. The second is the residual is a little higher on 24 months vs. 27. The third is that is you are leasing now, 24 months puts you back into the whole December to Remember event in two years. Instead of March the next time around.

    Looks like the 24mo. residual is approx 72%

    52649 x 72% = 37907.28 (my residual value)

  • Hi can someone tell me if this is a good deal? We negotiated with a bunch of dealers in tristate area and it seems this is the best we got so far. Would like some feedback that should we take it now or should we wait until June 2014?

    MSRP total $50030 (without tax, with delivery processing $910, they also throw in a remote start for free)

    2014 Lexus RX 350 AWD - base price 41160 - comfort Package (heated and ventilated seat, HID, etc) $1340 - Navi, backup camera $2775 - Parking assist $500 - premium package $2760 - Wood leather trim steering wheel $330 - Cargo mat etc $ 255

    We are going to take the 2000 rebate with 60 months finance (3.9% APR). The final price is $44000 plus tax. I see some post here have the 2.9% APR, my credit is excellent (800+) so I wonder if the dealer is pocketing that 1%. Plan to payoff the finance after 90 days since all cash deal does not have the $2000 rebate (is this true?)

    We will also trade in our 2009 IS 250 AWD with a bit over 35000 miles for $18000. Can't get better deal even the KBB trade in is 19000.

    Any feedback is appreciated!!

  • Hi can someone tell me if this is a good deal? We negotiated with a bunch of dealers in tristate area and it seems this is the best we got so far. Would like some feedback that should we take it now or should we wait until June 2014?

    MSRP total $50030 (without tax, with delivery processing $910, they also throw in a remote start for free)

    2014 Lexus RX 350 AWD - base price 41160 - comfort Package (heated and ventilated seat, HID, etc) $1340 - Navi, backup camera $2775 - Parking assist $500 - premium package $2760 - Wood leather trim steering wheel $330 - Cargo mat etc $ 255

    We are going to take the 2000 rebate with 60 months finance (3.9% APR). The final price is $44000 plus tax. I see some post here have the 2.9% APR, my credit is excellent (800+) so I wonder if the dealer is pocketing that 1%. Plan to payoff the finance after 90 days since all cash deal does not have the $2000 rebate (is this true?)

    We will also trade in our 2009 IS 250 AWD with a bit over 35000 miles for $18000. Can't get better deal even the KBB trade in is 19000.

    Any feedback is appreciated!!

  • AJ415AJ415 San Francisco Bay AreaPosts: 4

    What do you guys think of this deal. I am planning on leasing and found a dealer that still has a new 2013 RX 350 on their lot. MSRP is $48,045 and the dealer is offering $40,500. Keep in mind this is for a lease so no $2,000 financing cash. I'm not sure if I should consider this or pay a little more for the 2014. Here are the specs on the car:

    PM Premium PKG $2,260.00

    perforated leather trim interior driver seat memory steering wheel memory rear armrest storage w/cover one-touch open/close pwr tilt/slide moonroof w/sunshade pwr folding auto-dimming heated outside mirrors w/memory roof rails

    AP Sport Appearance PKG $1,100.00

    F sport 19" x 7.5" split 5-spoke alloy wheels w/superchrome finish 235/55VR19 all-season tires F sport front bumper F sport lower grille insert

    EK Premium Audio System $0.00

    (12) speakers

    NV Navigation PKG $2,775.00

    HDD navigation remote touch navigation controller advanced voice command voice recognition system enhanced Bluetooth hands-free phone system w/SMS text-to-speech wide-view backup camera SiriusXM NavTraffic NavWeather sports & stocks fuel prices w/(1) year subscription Lexus Enform w/(1)year subscription Lexus Insider Lexus display audio pkg premium audio system

    HS Heated & Ventilated Front Seats $640.00

    WU WOOD/LEATHER-Wrapped Steering Wheel & Shift Knob $330.00

    PA Intuitive Parking Assist $500.00

    Z1 Preferred Accessory PKG $255.00

    cargo net cargo mat wheel locks

  • Seems like a decent deal on the car, but I'm curious what the lease MF and residuals are on the 2013 RX. It's a pretty hefty discount from MSRP, so if the residual isn't horrible you probably do well with this deal. You should check to see if you are elgible for any of the other lease incentives ($500 lease cash, and first month paymnet)

    Also, if MF is higher due to leasing a 2013, you should consider using a MSD to buy down the MF. If you tend to take care of your cars and don't have really high miles, the MSD makes a lot of sense.

    @AJ415 said: What do you guys think of this deal. I am planning on leasing and found a dealer that still has a new 2013 RX 350 on their lot. MSRP is $48,045 and the dealer is offering $40,500. Keep in mind this is for a lease so no $2,000 financing cash. I'm not sure if I should consider this or pay a little more for the 2014. Here are the specs on the car:

  • pilicatpilicat Posts: 1
    edited December 2013

    Hi,

    I have been doing my research in this forum on the RX350 for a while and thanks for so many people's contributions. Now, it comes my own deal I got from a Lexus dealer at Maryland. I would like to ask people's thoughts to see if it is a good deal before I go back to the dealer.

    2014 RX350 5-door SUV 4X4:

    Standard Features with 1) Comfort package 2) Navigation system w/Voice Command 3) Intuitive Parking Assist 4) Premium Package 5) Wood & Leather Trimmed Steering Wheel & Shift Knob 6) Cargo Mat, Cargo Net, Wheel Lock

    $43,500 plus $3,680 (Tax, Tag, processing fee, etc.). The price is for a lease price of the RX350. Total: 47,180

    Thanks,

  • johnd25johnd25 Posts: 1
    edited December 2013

    Seattle, WA 2014 RX350 f-sport MSRP $52,639, invoice $49,792 Got price of $750 under invoice.

    Here is the final breakdown:

    Invoice: $49,792 Savings: $ -750 Adj. price: $49,042 Sales Tax: $4,806.12 Est. Licese: $300.00 Doc Fee: $150.00

    Total with all fees: $54,298.12

    2 dealerships via emails. Settled over the phone with General Sales Manager - no in-person deals. Hope it is helpful.

  • Has anyone used TrueCar service to buy a 350? Thanks

  • soulsurfer2soulsurfer2 Bay AreaPosts: 6

    @soulsurfer2 said: Can anyone tell me if this is a good deal? Getting close to year end and ready to take the plunge.

    Thanks everyone for your honest input, I was able to get an F Sport for $47.4K or $2.5K off invoice. This seems like a reasonable deal.

  • pb007pb007 Posts: 10

    Hi Everyone,

    Just inked this deal today in NJ:

    2014 Rx 350 F Sport.

    Navigation, Blind Spot Monitoring, Parking Assist, Preferred Accessory Package (Cargo Mat, Cargo Net, Wheel Locks, & Key Gloves)

    MSRP: $52,390

    Sale price: $47,100 - $50 (Free customized plates through DMV) = $47050.

    12k miles, .0010 MF, 69% Residual

    Upfront Costs: $329 Doc, $700 Bank Fee, DMV, 1st month

    $494.75 per month.

    They tried some shady shite but luckily this forum has taught me well. Originally tried to charge me $520 per month until I called them on their bluff. Thanks to all of you...

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