Lexus GX460 GX470 Prices Paid and Buying Experience

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Comments

  • mcscjtmcscjt Member Posts: 17
    Did that 10" screen work out well? Is it an overhead DVD player system or is the player somewhere else in the car?

    Is it directly wired into your stereo or do you have to put it on a specific FM station?

    I got a 7" Audiovox overhead player installed by my Lexus dealer, but I'm not happy with the sound since I have to put it on a specific FM station...of course, I could avoid that if my kids would keep their headphones on.
  • gxfangxfan Member Posts: 11
    I am very happy w/ the Rosen 10" screen. The specialized shop did a great job matching the color w/ the headliner.
    Although I prefer direct connect for better sound, FM module is fine since they are for my kids.
  • davidc1davidc1 Member Posts: 168
    I just got a quote for '05 GX, fully loaded, $54K (MSRP MSRP $55K). It seems it will be at least a couple of months before they are discounted further.
  • hung1hung1 Member Posts: 3
    I brought my on 11-10 pay 46250 have anything except kdss lexus of Tampa ask for 53400 and clear water 52500
  • stellastella Member Posts: 1
    I just started looking at the GX. I recvd one price for a 2004 with Navigation, Mark Levinson System. It has a 3rd row seat which I guess is standard or no charge? They gave me a price of $46,500 without tax, registration, etc. This in Connecticut. Sounds like others are paying less. I would consider purchasing in New York area. Any suggestions on competitive dealers in these area. Also, not related to price -- does anyone know if the gross vehicle weight is over 6000 lbs on the 2004 for the depreciation. I was told there was some confusion and Lexus sent out new door tags with new gross vehicle weight on 2003 models that excluded them from the depreciation. Anyone experience this?
  • hoihoi Member Posts: 4
    can you tell me which dealer you bought it from
  • habitat1habitat1 Member Posts: 4,282
    The 2004 GX470 is over 6,000 lbs. and qualifies for the (now reduced) 179 deduction.

    I've been offered the same vehicle for $44,500 in New Jersey.
  • lexus411lexus411 Member Posts: 12
    I understand the 3rd Row seating is now "free" or standard. Why does Edmunds and KBB still show this with a >$2000.00 price. Should I just ignore this item when doing a calculation on the dealer invoice cost?? (Speaking of the 2004 model)
  • davidc1davidc1 Member Posts: 168
    Yes you should. It's only free for remaining '04s.
  • hung1hung1 Member Posts: 3
    I brought in sarasota lexus be sure call make sure instock because one left on the lot got everything except kdss and lexus link and color silver and I know they have couple more coming but I don't know same the one I got one more thing my 9700G and built on 09/04
  • txcarbuyer1txcarbuyer1 Member Posts: 3
    Does anybody have insight into the prices for the 2005 and target arrival at dealers? Thanks
  • hoihoi Member Posts: 4
    thank you for shareing your information so far the best deal i got quote is $4500 off msrp from lexus of melboune
  • airborne72airborne72 Member Posts: 1
    Has anyone heard when the 2005 Lexus GX 470 will be at the dealerships? I'm being told sometime in Dec.
  • hung1hung1 Member Posts: 3
    depend on where you locate at take me 1:15 compare to 1:45 to tampa lexus also they right on I 75
  • sagemajorsagemajor Member Posts: 7
    On edmunds it lists th invoice of 42,570 for 3rd row and Nav but I had 3 Lexus dealers say that it was 43,706. This is a difference of over 1k. If I add in RES I get 43,818 from edmunds which is closer to invoice, but I told all dealers I just wanted 3rd row and Nav. Is there somthing I am missing?
  • lexus411lexus411 Member Posts: 12
    First, I believe the car they are giving you the invoice price probably has a few other items. Lexus does not do a "general build" with JUST the way you want it. The MSRP on the build you want is $49,883 with an invoice of $43,094 + $600 for Lexus add fee which equals $43,694...which is very close. The car you ask for probably has the following items (look at kbb dot com for details ) NL,C1,GN,TO,DD,WL

    But anyway, the dealer does pay an Add fee to Lexus and some dealers consider the car prep as an invoice cost. I have been quoted around $300 for this prep. Total BS, but that is the way it is with some dealers. Other dealers don't have the prep fee but ALL that I have talked with had the add fee. (it is actually a little under $600)

    By the way, I noticed fleetrates.com was selling this GX470 as equipped above for $43,975. That is almost invoice. (may need to add shipping cost)
  • scout1scout1 Member Posts: 1
    This forum helped me out so let me share some info on my pending purchase (October build). I negotiated 100% with email. The Lexus dealer in Chicago faxed an invoice to me with the following: Base price $38114, Nav sys $2471, rear spoiler (you can't avoid this option on the late 9700G builds) $345, tow hitch w/ ball (can't avoid as above) $300, pref. access. pkg $139, exhaust tip (can't avoid) $45, and hitch bracket $40. Total accessories $3340. Destination $625, TDA (advertising) $681, dealer holdback $907, whsl financial reserve $453. Grand total $44120, MSRP $50378, difference $6258. Backing out the charges (except destination) $41454. Take $41454 plus a 5% dealer profit ($43527) + $625 (dest.) $44152. I signed at $44120. I am happy with the price. Good luck. My silver pine metallic/charcoal interior is being prepped for delivery.
  • moj1moj1 Member Posts: 11
    i'm thinking of buying gx470 through my business. habitat1 mentioned "reduced" 179 deduction? what does this mean?
  • lee_wlee_w Member Posts: 239
    Thanks for sharing your information. You can also share the dealership name, city and state. Enjoy your new vehicle!
  • gxorlrgxorlr Member Posts: 16
    I requested a quote with KDSS++ and the dealers email response was that the 2004 model has no KDSS. Is that the case? Difoe in NJ! $4800 off MSRP loaded! But thats w/o the kdss. Any help and info will be appreciated. Also, the fleetcars.com comparison of the 2004 & 2005 GX470 is not reliable. Visit Canadian Lexus dealer websites just for info on GX470 2005 models for 2004 comparison.
    Thanks
  • attarattar Member Posts: 8
    The dealer might not have one. 2004 has KDSS available. I got fully loaded with kdss,nl,res and th for $46,500 with two years free services.
  • gxorlrgxorlr Member Posts: 16
    Thats what I thought after going to Lexus.com. It is clearly listed as an option. What dealer did you get yours from. I'm in NJ. I will more likely get a 04 but I have to wait another week at a minimum. TIA.
  • attarattar Member Posts: 8
    I am still under negotiate with TX, NJ and FL. NJ told me that they have no KDSS.
  • phdrnphdrn Member Posts: 3
    I am seriously thinking about new GX. Currently driving 02 MDX but not very happy with ACURA service...no loaners, etc. I live in Ft. Lauderdale, anyone with good, reliable pricong for 04 in S.Fl? What options do most dealers' cars have? Should I wait for 05?
  • whazzupwhazzup Member Posts: 2
    Base GX. MSRP ~46800, sale ~41800. Fair deal, IMHO. Ray Catena in NJ. They matched a Difeo internet deal. It looks like the average is $4-5K off MSRP, giving them $700-$1000 over invoice. I'm sure you can do better, but your time has to be worth something, too.

    And once the '05's come out, they should be out of '04's, and the '05's are going to go up in price.
  • attarattar Member Posts: 8
    phdrn,
    I believe that GX470 04 can use 89Oc,and KDSS is option in any model if it is available, however, the GX470 05 must use over 91Oc, and the KDSS is option only on sport model.

    I will get you the price of Fl when it come next day for 04.

    the model the same, why you want to spend more $ for 05, where you might still have chance to buy 04 5-6K less if it is available.
  • zoranzoran Member Posts: 69
    dude new has 35 horsepower more, plus blue tooth, upgraded navigation, price is up, i know around $2200, is like paying for 3rd row seats again!

    i was told 05s coming any day!!

    any more info on sports package?
    thnx
  • phdrnphdrn Member Posts: 3
    1 of the big reasons I want 04 -uses regular gas. My 02 MDX uses premium. I don't want to spend the extra $$$ for 05.

    I got a price from Costco dealer - 2K over invoice.
  • attarattar Member Posts: 8
    I agree with you. Try Catena Lex of NJ, M SZ has a good price, but they have no KS system available. However, they have a good Miche tire.
  • nyc11370nyc11370 Member Posts: 9
    I am planning to buy the GX470 with Nav and 3rd roll seats. I am planning to keep it for few years.

    Few questions:

    - Is the 3rd Roll Seats still a promotion for 04 GX?

    - Should I get the 04 or 05 model? How much discount can I get for 04 now since 05 is around the corner.

    - What's the fair $ amount I should offer the dealer for 04 and 05? I know the "hold-back" is $900 according to consumer reports.

    - What's the best way to sell my 99 CLK430? Trade-in or sell it myself. I know the manheim auction price so how do I negotiate with the dealer?

    Thanks for your insight.
  • habitat1habitat1 Member Posts: 4,282
    You've got to be kidding?

    One of the "big" reasons you prefer the 04 to 05 GX470 is that the 05 requires premium gas and the 04 only "recommends" premium. So you are about to spend $45-50k on a "premium" luxury vehicle, but want the older model with a 7+ year old engine, rather than the newer one with a more powerful and more fuel efficient variable valve engine that finally incorporates technology that Acura, BMW and Mercedes have been using for 5-7+ years?

    Premium gas in our area runs about 10-15 cents a gallon more than regular, less if you buy Exxon on "Thrifty Thursdays". In 120,000 miles of driving at an average of 15-18 miles per gallon, you will consume about 7,000 gallons of gas. So that extra price for premium would cost you $700 to $1,000, ASSUMING you didn't get lower gas mileage from regular. Less of a savings if you did.

    We are considering an 04 GX 470 because we can get a loaded one for $1,000 over invoice. A 2005, with the price increase (3rd row, etc) and lack of negotiating advantage would effectively cost us $3,500-4,000+ more.

    So, I can see a significant purchase price advantage for getting a 2004. But if you think a antiquated engine (compared to the aforementioned premium competition) that will possibly save you $700 over the life of the vehicle by using regular gas is a "big" advantage, perhaps you should consider a Honda Pilot and save $20k in price and get 20% better gas mileage than the GX470 to boot. With all due respect, I think you are pinching pennies a little too hard on assessing the regular gas advantage of a 2004 over a 2005. And, as was beaten up previously, the 2004 recommends premium.

    P.S. Early reports peg the gas mileage of the 2005 as the same as the 2004. However, friends who traded an older BMW X5 4.4 for a 2004 with the "valvetronic" engine have seen a 2-3 mpg increase, in addition to much improved acceleration. As a matter of fact, the 4.4 V8 now has higher EPA ratings than the 3.0 I6. I would not be surprised to find that the "real world" gas mileage of the 2005 GX470 improves over the 2004.
  • nyc11370nyc11370 Member Posts: 9
    Is $45000 for 2004 with Nav before tax good?

    Thanks
  • smoothridesmoothride Member Posts: 2
    I am also looking for the similar car (west coast)
    Please let us know the dealership and pricings you have obtained for the 2004 GX470

    thx
    AC
  • phdrnphdrn Member Posts: 3
    I am negotiating on fully loaded GX w/ KSS,nav & ML sound, has retail of 53,625 (with dest. charges). Their 1st offer was 48.9. Too high. I'm countering w/47,985 - 750 rebate which I qualify for which would be 47,235. I'll let you know.
    this is S. fl, Miami & Ft. Lauderdale so probably similar market.
  • attarattar Member Posts: 8
    nyc11370,

    3rd rool seat is free on GX470 04, I jsut bought one yesterday fully loaded with $6000 of MSRP.

    take your car to Carmax and see how much they pay you, then check the dealer for trade in, then try to put it on Ebay for the reserve you want.

    There is dealer in NJ I belive called carl... can get you very good price through the internet, and call him later.

    I check the price in FL and NJ, and I got in from TX.
  • attarattar Member Posts: 8
    smoothride,

    if you have the KS,NL,RES and TH loaded with Mich tires $47,000 should be very good number.

    I believe the dealship of German Lex of naple can get you this price.
  • lexus411lexus411 Member Posts: 12
    You should be able to get the GX470 with Nav for 44K in New Jersey. 45K is too much!
  • smoothridesmoothride Member Posts: 2
    $6k OFF MSRP is great
    what is your out of door price (before tax & tag)? I am thinking about buying in CA - LA area... so, all you CA folks please chime in on your best price & experience

    thx
    Art
  • attarattar Member Posts: 8
    smoothride,

    yes, you can get it from FL, naple at german lex, I guess the name, or from TX, hou at sterling Mc.But, without KS NJ at Kar.. something, sorry, I forgot the names.

    the best to do is to ask for the prices through edmund with a different zip code, then, you have to negotiate when they will call you after sending them your order.

    Good Luck
  • nyc11370nyc11370 Member Posts: 9
    The MSRP of '05 GX with Nav and 3rd Roll will be about $51k (according to a NJ dealer), if I wait few months I should be able to buy it at $46k (5k off msrp). I don't have to buy the car right now for tax purpose.

    The lowest '04 I can find is $44k so it is only $2k difference.

    With few month waiting and $2k extra, I will get:
    - $3k more when I sell it because it is 1 model year newer (according to Manheim transactions)
    - Bluetooth, very useful
    - Better Nav
    - 35 more horse power

    Please share your opinion. Thanks
  • luckygxluckygx Member Posts: 2
    That's a fair analysis depending on where in country you are. I'm getting a loaded 05 (except KDSS) delivered next week at $4,000 off MSRP (or $,3000 above invoice). That's about $5,000 extra compared with a similar 04 model year config (when you take into consideration the free 3rd row seat.

    Still I believe it's worth every penny for the same reasons you mentioned.

    Bottom line! You can get a better deal than what the dealer quoted. At least for the second allocation (end-of-december).

    In fact I've just read on the club lexus forum that $2,000 above invoice is out-there as well.

    Thanks,
  • nyc11370nyc11370 Member Posts: 9
    The 05 MSRP of GX w/ Nav and 3rd Roll is $51,555.00

    I will wait few months so I can get $5000 off MSRP.

    The small price difference between 04 and 05 is not worth the huge improvements:

    - $3k more when I sell it because it is 1 model year newer (according to Manheim transactions)
    - Bluetooth, very useful
    - Better Nav
    - 35 more horse power
    - and more...
  • rocketmanrocketman Member Posts: 3
    After weeks of research on 2004 models, the best I could do was $1000 over invoice, unless I took delivery in Los Angeles, in which case I could have gotten it for $500 over. Since I live in Littleton, Colorado, that was not a good option. The $1000 over was from a broker who got cars from all over US. Costco fleet buying service was $2000 below MSRP, or about $5000 over invoice. Local dealers would not match or beat the $1000 over I could get from the broker. Conclusion: prices are a bit higher in CO than CA, due to higher demand for 4WD vehicles. I was ready to pull the trigger and buy a 2004, but then the broker was having trouble finding the right color and options, so I went with a 2005. I locked in the price yesterday and it will be delivered in about 2 weeks. It is currently in CA somewhere.

    The deal I got on the 2005 was Invoice plus $2800. The broker did not charge any Dealer handling fee. The local dealers charged an average of $350 for that, so it was really like paying $2450 over invoice. An equivalent 2004 (same options) would have run me $3800 less (basic invoice is $400 higher, plus $1600 for 3rd row seat, plus $2800 over instead of $1000 over). I felt it was worth the extra $3800 to get the better engine, and upgraded NAV, and not have a car that will seem like a year old 3 weeks after I get it. Resale will be that much better also. I got the following options:
    NAV/ML Sound,
    Rear Entertainment,
    3rd Row Seat,
    Gold Trim,
    Rear Spoiler,
    Trunk Mat & Wheel locks,
    Tow hitch with ball mount,
    Chrome exhaust tips.

    Invoice was $47,565 + $2800 markup + $1863 for 3.7% sales tax = $52,228 total out the door cost.

    I did not haggle as much for the 2005 as I did when trying to buy a 2004. Once I found the best source for 2004, I used the same guy and paid what he asked for the 2005. I maybe could have haggled him down a few hundred more, but I was getting tired after weeks of shopping and just wanted to close the deal. I ended up paying more than $4000 below MSRP, so I think I did pretty well considering prices are a bit higher here in CO. Costco wanted $2000 below MSRP, and the one dealer I discussed 2005's with said they would be going for about $1000 below MSRP when they came in.

    When considering 2004's I thought about waiting for the 2005's to come in figuring that may drive down the price of 2004's further, or a rebate would be offered. My broker speculated this would not happen. He said lots of people hold out for the last 2004's figuring they will get a great price. Dealers know this and hold the line on price because they know there will be plenty of people looking to pick up those last few cars for a "bargain". Time will tell if this is true. In my case, it was only a $3800 difference between 2004 and 2005.

    Thanks to all who post here. It helped me a lot in my search. I can't wait for delivery!
  • guiangoguiango Member Posts: 1
    I have been researching a similarly configured 2005 GX 470. I would like to get your broker's name, address, and phone number. I live in Vegas and would gladly travel to LA.

    Thanks.
  • rocketmanrocketman Member Posts: 3
    The broker I bought from is H.M. Brown & Associates in Centennial, CO. Can't put names and phone numbers on this posting, but you can find them on-line. He quoted me $500 less for CA delivery versus CO delivery, so if you can pick up the car in CA he should be able to do $2300 over Invoice on a 2005 with no dealer handling fee. Good luck. If you do better than that with him, let me know - I may ask him to cut my price in exchange for the referral.
  • nyc11370nyc11370 Member Posts: 9
    Is this good price for 04?
    Your insight is appreciated.
  • dmaggsdmaggs Member Posts: 1
    Can anyone tell me what they have seen for the highest residual % the banks are offering for the 05. I am looking to do a 36 or 39 month with 15K miles.

    Also, I live in Chicago, IL. What is your suggestion for the best price over invoice on the 05 with Navi/3rd row seat that stickers at $51,787. thanks
  • wahoo1wahoo1 Member Posts: 1
    got this deal in valencia, calif. at keyes lexus. Didn't have to negotiate too much and overall, very pleasant experience. 9700g model w/ passenger lumbar support. Black onyx with grey interior.
  • nyc11370nyc11370 Member Posts: 9
    2005 GX with NAV, 3rd Roll, Spoiler, Preferred Package (Mandatory Package)

    MSRP w/ Destination $52,338
    Invoice $45,091
    Holdback $916
     
    Dealer Actual Cost $44,175
    + $3000 Dealer Margin = $47,175

    We should be able to get this setup at about $47k which already accounted the $3000 dealer margin. Don't expect able to get it right now, go buy it in JAN/FEB month end the slowest two months.

    Thanks
  • spiritintheskyspiritinthesky Member Posts: 207
    I'm new to this forum, maybe to the acronyms that are being used, but what the hell is a third "roll"? At first I thought somebody just misspelled row, but I've seen it repeated a couple of times.
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