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Comments
Got my 2010 RX350 on Dec 31st for $39500 + tax/title/etc. No nav, but has backup monitor, heated/vented seats, Premium Pkg, wood/leather trim wheel/shifter, cargo mat and net, and wheel locks. When I let the dealer I was dickering with in NJ know that I was going with Mt Kisco, he told me he probably could have got it down another $100 or $200 with his boss for me, but that was about it. Also, Nerijus told me that all Lexus' would be going up $400 on Jan 1st (I didn't follow through to see if that truly happened or not, but I'd be surprise if that couldn't be negotiated away still).
MSRP w/o remote start was $44137. I got remote start installed at the dealer for $495 (originally asked $675; it's only $300 if you it's installed at the factory). When we picked it up we found out that they threw in 19" aluminum wheels (MSRP $660) instead of the normal 18", supposedly because they didn't realize the car they were offering to me had them until we'd already done our dealing including having had received the VIN for our insurance etc.
If you get in touch/decide to buy from them and don't mind giving me a shout out, please tell them I referred you (Steve Dittmar). I think I get a free full car detailing or something for referrels. :P
Comfort pkg,12 speaker upgrade, NAV,Park assist,Premium Pkge, Tow prep, Wood/Leather wheel, Cargo mat & Net, Remote start, Wheel locks, Destination.
my net is $43,913.00 ($4,212.00 off sticker, or $500.00 over invoice) Plus Taxes, tags,Docs No Trade in.
How does that compare.
I spoke with a finance manager yesterday and repeat customers with good credit can get a 36 mo lease on the AWD for money factor 0.0022 and 62% residual but they said no additional money factor discount for multiple security deposits - anyone hear differently?
Thanks so much
The same thing happen to me last month, here is what you need. Do you have proof that they will pay the balance off? It should be written on your agreement contract. If so you need to contact the finance department at the dealer and talk to them and not the salesperson. The lease payoff amount on your old car should be clearly stated and written as a subtraction on your new lease agreement. If that is the case contact the finance ASAP. They do have 30 days to payoff the balance and they always deal directly with the manufacturer. Its normal for the bill for the old car to arrive, all you need to do is contact the finance department and let them know that you leased a new car and they are picking up the payments. Do not send in payments until you spoke to them (otherwise you will lose that money). Keep us posted. By the way my bill was paid in full 28 days after my trade in and I did get the bill, the interesting thing is that the payoff amount on the day of the trade was $100 lower than the payment date so they kind got stuck with it. Please look at your agreement before you call and talk to the finance people and not the salesman. Keep us posted on your ordeal and good luck, I know oyur frustration.
For Everyone,
Else before signing your agreement always look at your numbers and if possible calculate them before walking into the finance department to seal the deal. You should always know what you will be financing and you should always see the balance of the payoff on the agreement never ever take someone word as valid. In a court of law only written documents will spare you from financial chaos. Always know the amount to be financed, term, APR before going in to finish the deal. Once you know that aspect you can do your math and know oyur payments and compare your numbers to the finance agreement before closing the deal. It took me 40 minutes to sign the agreement and the guy was pissed, but he knew I could walk out and the car would not be sold if he said anything. Its a huge financial comittment and you should always know that the numbers are what you know they will be. Once oyu sign there is no going back to redo it. Also never rely on a dealer who says I will get or do this or that next week. If the car does not have the features you want tell he or she that you will return and pick it up when the features are in place. Its the old CYA, we all want that new ride,
and I'm torn over whether to turn it back in or just buy it when the lease is up. I'm afraid I'll regret it if I give it back.
My buyout is 18,500 or 18,700, not sure which. I have to check the papers.
Still trying to decide what to do.
By the way, there is a limited service campaign or recall on the 2007 RX350 regarding replacement of an oil hose line or something to that effect that was supposed to be subject to degrading prematurely. I received the notice in the mail right before Christmas and had it replaced when I got back from being out of town over the holidays. Make sure and ask your service advisor about this as soon as you get a chance.
Not sure about writing, they took care and I thought its Ok; never imagined there would be any problem. Had cars from this dealership, on sunrise hwy in RVC for three lexuses atleast. I am being told its one of new scams by dealerships and salesman did not call back with any definitive answer.
They took car and I was told its taken care of and I paid almost good price, thinking they should be rewarded for being nice and they were rewarded for being cheats.
They can return my car and will be happy to pay, god knows where the care is now.
Its eyeopener and new experience about Madoff like cheats.
Will pursue other means to get it right.
will write to BBB and others
one just does not expect this from lexus and its no better than highway robbery
Spoke with my neighbor he is a Lexus salesperson. Here is what you need to do. Go and speak with the finance person who handle your deal at Lexus. Let them know that you traded the car based on them paying it off as they said. If they give you the go around. Contact Lexus and let them know what happen and tell them that you will be contacting the state A.G. office and better business bureau office. Also if you made any payments on it, they must reimburse you principal+interest. Legally the car is yours since you are paying for it. It would be the equivalent of a borrower defaulting and the co-borrower having to pay, by law the car belongs to the co-borrower. If you make payments you own it. Tell the finance guy that if the matter cannot be resolved before you leave the dealer, you will contact the AG office/business bureau/Lexus and the media. This matter should have been resolved within 30 days. Sadly there dealers out there willing to do this, but it is illegal and deceiving. Generally everyone can tell you what to do, but only people involved with the business know the way to beat the system. By the way the reason that they do it, is to get a customer to make payments and lower their payoff obligation, under the law the car payment cease to be your obligation once they took ownership, you must have signed off a deed of acquital to them. Otherwise it would be like abandoning your property on their lot which means they must contact you to pick it up before getting rid of it. Follow these steps and you will be okay. Keep us posted, I will check back everyone other day.
Regards,
I have emailed lexus last night, no response yet, also did send a note to lexus financial that its my car, if you want me to pay, deliver it back to my driveway. My attny is sending them a note
I sure will write to Nassau county and NY DA/AG/ BBB, if no response by this weekend.
If there is any one else with similar and current problem with Lexus please do contact me.
Anyway, I really just want the AWD model with premium package. Most of the other features I like are standard or included in the prem package. Any suggestions or experiences would be appreciated.
Cheers!
We used to use the line, "tell you what, we'll give you the Costco member deal, even though you're not a member" and people would get excited and buy the car not knowing they could have received a better deal if they had done some research.
Location: Tom Williams Lexus in Birmingham, AL.
Date: 2/1/2010.
MSRP: $43,243.
Paid: $39,500.
Out-the-door: $41,506 (after taxes and fees).
Has backup monitor, 19 inch alloy wheels, heated and ventilated front seats, intuitive parking assist, premium package, tow prep package, wood and leather trimmed steering wheel. NO NAVIGATION.
What Can I expect for these options.
Also, my dealer says they don't install rear dvd on the 2010 because of the headrest. Has anyone gotten it install at the dealers? Are these hard to find. What's the price for prem, nav, comfort, luxury and dvd rear.
Thanks, I just need to know what's the price people are paying for these cars, i have read the forum, but not much people list everything they have or it was a deal back in december.
thanks in advance.
he says they were not supposed to sell car at the price and apparently, if I had leased they might added dollars in that amount and I may not be able to find out.
What do I do? I would have never returned old vehicle, if they would have not promised to cover the old lease paymenst for four months.
can anyone confirm?
:confuse:
Did you quoted your price online or over the phone or went to the dealer? I live in a small town and nearest Lexus dealer is in Baton Rouge and Houston. This is my second time buying a car and I dont know where to start. Please help. Than :confuse: k you.
Do you happen to have the saleperson's name at the Silver Spring location? I'm in Texas but I'd like to get an inquiry with him/her if possible, thank you.
After initially not being on the radar, the wife and I are now thinking of leasing an RX. Here is what we got through Costco:
2010 RX350 AWD
Premium pkg
Wood and leather steering wheel
Backup monitor
Heating and cooling seats.
Tow Prep
The MSRP is $44,290. The dealer says the selling price is $40,820 based on the Costco plan of $500 over invoice. The numbers didn't quite add up with Edmunds. The dealer says the selling/invoice price also includes local Advertising Fees of about $1,000. I know all dealers add Destination and Handling to the invoice, but this is the first time I saw a dealer add its Ad Fees to the invoice.
36mos, Residual 62%, MF .00230
This worked out to $1,625 (initial fee w/zero down), $568/mo including taxes (7%)
My questions:
1. Is it common for Lexus dealers to add the Ad Fees to the invoice?
2. Is this a good deal?
3. If not, anyone know of a better one in the Tristate area? (btw, we're now thinking of adding the Nav pkg)