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Lexus RX 450h Prices Paid and Buying Experience
Share your RX 400h purchase experience here!
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I was able to sell my 2003 RX300 for $32,500 to a private party which was about $5,000 more than I would have received for a normal trade in. I paid my dealer $250 for them to certify the car and they delivered it to my buyer for the same $32,500 I had agreed to. It worked similar to a trade in so I saved a bunch on state sales tax.
Don't be down on Lexus because of the uncalled for absconding of your deposit by the dealer. I suggest you contact Lexus directly and tell them about your deposit treatment.
I don't think it affected sales tax at all. The buyer pays sales tax on the agree-upon price of the new vehicle. So you would have paid the same if you traded the old car or sold it to a private party.
Hmmm, I'm not sure that is the way they compute it here in California; it is based on the actual sale price, if I remember correctly. But (thank goodness!), I'm not an auto salesman or (egads!) a finance rep...
Did you actually do a look at the sales taxes paid vs. the price paid before trade-in?
kirstie_h
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2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
Review your vehicle
reason: very good car, terrible milage-15.7 overall (mostly city driving)
deal: my car +10k.
would appreciate your thoughts.
Volara.
Enjoy your car!
Financial death to dealerships who permit their staff to lie!!
I'm assuming that the $16.5K value you received for your trade was the KBB average trade in value for your vehicle in good condition in CA. Is that correct? I'm asking because I'm trying to decide if we got a good deal or not. Thanks.
I am located in San Pedro, CA
Move to Oregon or Alaska! In CA you are going to pay sales tax even if you are a resident of a state that does not charge any tax. A definite reason to shop elsewhere for non-residents.
It is impossible for me to report my actual buying price for my RX 400h because of the extras I received (free) which were reductions from the MSRP.
I had a high trade-in on my car and this also saved me sales tax.
I received three years/20,000 miles free maintenance after purchase.
I received window tints.
I received hand-painted pin-stripes on both sides.
I received a $100 referral fee for referring a relative for a RX 400h purchase.
The car was on the lot without assignment to someone on the Waitlist and the dealership wanted to sell before Saturday.
The "story" I was told in giving me the incentives was that future allocations depended on how many 400h models were not sold during "inventory" on Saturdays. Anyway, I was and still am happy with the "bottom line" price.
The only feature I received which I have no use for is heated seats... I live in hot SW Florida and will never use them.
btw, my car color is silver so the tires were Michelins, probably OEM.
Do you happen to know what RSES means in this excerpt: "Vehicle has heated seats, Levinson, RSES, and cargo mat" ?
Thanks.
Thanks.
Personally, I don't think the RSES is worth the price. I think a DVD system with headrest mounted monitors, a la Pimp My Ride, is far superior to the Lexus system.
Also, for those of us who live in TX, the heated seats are pretty much useless.
Finally, I think the 400h, a $50K ride, should definitely offer satellite radio.
As I have posted previously, we got a high trade-in on a used GM vehicle, $1,000 off sticker, free rear cargo mat and no add on charges. Still a ton of money!!
Now, regarding selling your car yourself and "show as trade to save on sales tax," here's how that usually works:
You are buying a new car from a dealer. You make an agreement with a private party that he/she will buy your current vehicle. The dealer from which you are buying the new car shows your current vehicle as a trade-in. Then, the dealer sells your used vehicle to the private party at the agreed upon price (plus sales tax, etc.) So, you get the price you wanted for your car plus save the sales tax because the dealer shows your car as a trade-in. It's basically a paperwork transaction. That's the best of both worlds. I hope I've made this clear.
Did your brother's RX400h have the pinstripe option listed on his factory window sticker? If definately didn't. Does Lexus have it as a available option anywhere on it's website? It definately does not. The fact is dealer's install the pinstripes. Actually, the dealer's subcontract it out to mobile painter's who come to the dealer and paint the pintstripes on the car within a 1/2 hour. They do this with random cars on lots because it is a huge profit center. Generally pinstripping a car costs the dealer about $50. But they end up trying to charge the consumer upwards of $300!! And then off course, they give away some for free, because it ends up making a customer who likes pinstripes feel great that they got $300 pinstripes for free!!
If I recall correctly, there are two pinstripes. The top one is gold and has the Lexus "L" logo in it. The bottom stripe is solid and matches the interior color, ivory. The vehicle is black which, in my opinion, is way too hot for Texas. But, he wanted the black. Like I said in my other post, he is ticked that the stripes are on the vehicle and is planning to cover them up with some sort of tape stripe.
As an aside, he also wants to install a center grill guard on the vehicle. As of this post, I haven't found one that will fit. WAAG's center grill guard for the RX330 will not fit. I already checked with them. Waiting for response from T&H.
Also trying to find a non-Lexus trailer hitch for the vehicle. Lexus dealers are too proud of theirs although I have seen a couple of posts from owners who successfully installed the hitch for the RX330.
By the way, am I the only one who thinks the 400h color choices are pretty lousy?? The dealer we purchased from had only black, flint and bamboo...no blue or silver. I sort of liked the bamboo but it was like a chameleon. In certain light, it looked sort of green.
BTW, your brother can have the pinstripes removed. Have it take it to a detailer and they can usually remove it, no problem. Or a auto body shop can do it for cheap also. It won't damage the paint job underneath either. Also, he may want to ask the dealer to get it removed. Usually their detailing department can do it.
Here's another thought. Does one of your local TV stations have a group of people that investigate complaints like yours?? If so, contact them about your situation. In many cases, the negative publicity (or threat thereof) incents the merchant to make things right.
Good luck.
My salesman offered me this procedure: If I arranged with a private buyer to buy my trade-in immediately and everyone completed the appropriate forms, then, for a $500 fee, that private party could buy my car at the trade-in price. I thus saved the sales tax on the trade-in.
I did not do this, just negotiated as high as possible tradein price and saved the sales tax.
Comments: The RX 400h was on the lot and did not have pin stripes or additional window tints (driver and passenger) in addition to the existing rear tints.
I talked to the "painter" and he customized my hand-painted pin stripe colors. It looks great to me.
The free maintenance was stated for 3 years/20,000 miles because I do not drive cars very much and have a pattern of low mileage.... Likely, it will be 3 years of free maintenance unless I make some extra highway trips. I had to bargain with the sales manager to increase the time for free maintenance in addition to the other bargaining points.
Initially, I told the sales manager and salesman that I would buy an extended warranty and get a car loan from them. I imagined that I would get a better bargain if they thought that they would get money from these purchases. At the end, though, I told them I would pay cash and did not want the extended warranty*.
* I know of several Toyota dealerships which sell greatly reduced in price extended warranties for the Prius. Does anyone know of Lexus dealers that will do this?
btw, I assume everyone has read the article written by the former car salesman which I think is available at Edmunds.com. So, all the tricks and "closing" techniques were expected. I already knew what I wanted and was waiting for them to get to that point. I used the Internet Dept and ended up at the dealership for final negotiations. With several other new cars I bought recently, I negotiated with the Internet Dept and only went there once, to test drive the car and pay for it. The last car I bought using Internet only was a Prius and I got $500 off MSRP. Before that, I have surveyed maybe 25 dealerships in Florida to see what price I could get.
I would want to comment on the dealership I used: Scanlon Lexus of Ft Myers, Florida... this is the best dealership I have ever used in terms of service and "white glove" treatment. Perhaps this is the standard Lexus treatment but I really liked it.
I get free car washes weekly if I want to which is nice mostly because I don't like to put a hybrid car through the mechanical car washes.
I chuckled when I read that the dealer would let a private party buy your "old" car at the trade-in price for a "$500 fee." Obviously, that was their attempt to make $500 on that deal by doing basically nothing. Also, had you done such a deal, the person who purchased your "old" vehicle would, of course, have had to pay sales tax on that purchase. You save the sales tax...the buyer pays it.
It goes without saying that everyone wants to get the best possible deal on a new car purchase. After driving out of the dealership in the new vehicle, everybody out there has probably wondered if they could have gotten a better deal than the deal they got. Personally, I know I have done just that. But, wondering and worrying won't change anything.
Unfortunately for those who want to own a 400h now, the dealers are making a really nice profit on the ones they are selling. Later on, once the new wears off a little bit, they'll be "hungrier" and their margins won't be so great. It all comes down to whether or not you want to delay gratification.
Most of the sites I have checked have no participating dealers in my area. So, right now it's kind of a moot point.
By the way, there are a bunch of 400h's for sale on ebay. So far, none have sold. On the completed items, I have seen a bid of $52,000 and a bid of $56,500 from the same bidder on two different vehicles. Very strange. Reserve not met on either vehicle. Crazy!!! Most bids are in the $40 - $45K range. (I am in no way affiliated with ebay and am not endorsing or promoting its use.)
Flint w/black interior, Mark Levinson Audio, RSES, heated seats, rain-sensing wipers, cargo mat, and wheel locks. +$650 for delivery.
My additions: Lexus installed Tow-hitch.
Dealer offered at additional charge: 2 alternatives for extended warranty, credit insurance, gap insurance, NW Protection package (clear nose mask + Tough Guard Ext/Int Protection), Lo-Jack
Declined all for now, except wanted to get more info on the Lo-Jack option.
Have been on wait-list since Spring 2004; formal deposit made May 2005 ($1000); delivery yesterday.
Lexus of Portland - very pleasant to deal with. Even had ability to check on custom plates (LTL GAS), and made selection as part of the closing process. Got what I expected for a 98 Audi A4 Quattro in trade.
Mike
I would not recommend Seattle Lexus in Lynnwood. Very un-lexus like sales service imho. Much runaround about the 400h and too many wasted trips to Lynnwood. I can't conceive of giving them a deposit.
That sounds like a great price. Tonight I got a price of only $1,000 off for a RX400h at Lexus of Cherry Hill. What dealer gave you the $3,000 discount?
Regards,
JMB741