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Lexus LS 460 Prices Paid and Buying Experience

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Comments

  • newrnewr Posts: 24
    hi..just wondering if you have the contact of that sales who sold you LS for $1500 above invoice.. the best I got offer is $3500 above right now here in Arizona.
  • I don't think i'm allowed to post the name of the salesperson per forum rules, but if you call the dealership, ask for ext. 130. Feel free to tell him Mike sent you.
  • newrnewr Posts: 24
    Hey guys,
    I've been checking the postings on here the last little while and it's been pretty helpful. Want to get some advice about the pricing.

    Looknig at 2007 LS460 with Nav, comfort package, intuitive parking, preferred accessory..lexus link (unfortunuately all comes with it..prefer not to have it).

    The best quote I got is $61695...not sure if I can get it for $1500 over invoice as the recent post did. Planning on asking for 60750..I am not in hurry to get this.. so I dont' mind waiting..do you guys think they are willing to sell an LS at invoice price if I wait till Nov or Dec? Obviously there might not be a lot left.. but maybe I could get one with more options for just a little more? Or should I just go with $1500-2000 above invoice?

    I like the ML system but not sure if it's worth $2000, plus worry about the harddrive dying as they usually do after 3-4 years. Also, does anyone know if you can play DVD+R on it? I tried to play a MP3 disc I burn and it won't!

    Thanks
  • newrnewr Posts: 24
    Hi,
    Just accepted an offer for LS 460...$60845...MRSP for $68120..with Nav, Comfort pack, intuitive parking, auto trunk, lexus link, pref accessory package.

    I don't know if I could've gotten lower or not.. the guy sent me the info now.. with the dealer's price.. it seems the REAL dealer invoice is actually $2000 less than that published in various sources. So even at that price.. it's still realy $3500+ over invoice.

    I think the lowest I've seen on here is 61000? I think I am gonna get it.. althogh I wonder I should try to get the ML one with $2000 more.. without advance parking etc..

    What do you guys think?
  • daryll44daryll44 Posts: 307
    Is this for an '07 or an '08? Remember, in 3 years with 45000 miles an '07 is going to be worth about $6000 to $8000 (my estimate) less than an '08 with the same mileage. So unless you get that much BETTER than the best '08 deal, it's really no deal at all and your brand new car is a year old to begin with. If you keep the car forever, however, then saving the bucks upfront makes sense.
  • i'd get the ML audio....will help in resale later.....keep the car >8yrs and depreciation no longer problem...
  • newrnewr Posts: 24
    Yeah.. I Am really tempted to get the one ML.. the dealer is willing to sell it for $62780...so everything option except for advance parking and comfort plus.

    I do plan to keep the car for a long time.. so the ML will just be for use.. a little worried about the hard drive system though.. my computer hard drives tend to die after 3-4 years..so not sure if the hard drive nav and music system is a good idea or not.. I do like the sound of it.. (more bass clarity for sure). Having a hard time deciding.

    By the way, does the DVD player actually play DVDR? I tried a DVD+R disc with Mp3 and it didn't work.. also can you upload mp3 you copy onto a CDR to the harddrive or you need to use a CD to rip?

    Thanks
  • newrnewr Posts: 24
    Oh.. you guys think it's reasonable to ask to bring the price down to $62,000? The price he gave me is basically based on the same above "invoice" price on the lower option model.

    thanks
  • newrnewr Posts: 24
    Hi,
    I just made the purchase for the 2007 LS460 after reading all the advice from you guys. They are actually going quite fast here in Phoenix.. hardly any left. Ended up getting a Pearl White, with Nav, comfort package, intuitive park, auto trunk, lexus link...supposedly it has "premium floor mats" but I Am not really sure what the difference is.

    List price of 68450.. got it for 60800 + fees and taxes..kinda got ripped off with the preinstall VIN Itching that they do here.. charged $185 for it.. and didn't think of negotiating that. so I guess it comes to 60985 + taxes and fees.

    Hope that was a good deal.

    Thanks
  • i don't think you'd have gotten it if they were "flying off the shelf" as you might think...6-7K under msrp is a spankin good deal!!! enjoy the ride! goto clublexus.com now and start sharing your experience with the gang....
  • I agree with Cowboy. That is a terrific deal. Just last month, I purchased the same car in Black with a 3M clear bra for $62k. You did better than I. Happy motoring. :shades: ">
  • newrnewr Posts: 24
    Well.. if you got it with the clear shield, guess it's a pretty close deal... there was one with ML plus all the options mine has with clear shield but a demo with 300 miles on it that I could've gotten for $63100...but I didn't I wanted the clear shield plus a demo..although it would've been nice to have the ML system I think...hope I won't regret it now!

    Any one know what "premium floor mats" are?
  • premium floor mats are just that....heavy and thicker....along the same lines as thread count...the more the better (to a certain extent)...
  • atlas7atlas7 Posts: 126
    I just made the purchase for the 2007 LS460

    You got a great deal, your timing was great as they are trying to move the '07's as the 08's are coming in...
  • Leased today. 2008 SWB Granite/Black. Nav/Comfort/Power doors/Lexus Link/Park /Mats/Lojack. MSRP $69,382 Paid Cap Cost $63,795 Cap cost reduction by $750 with Lexus certificate from attending lexus summer function. Money factor .00265 with reduction with multiple security deposits to somewhere around .00180. 48 months 25k/year for additional .20/mile above 15K. Taxes 7.75% Residual $22,224. Monthly payment $1140. I think I did Ok.
  • daryll44daryll44 Posts: 307
    Are you saying that they put a $22,000 residual on a 4 year old car with 100,000 miles?
  • Four year residual with 15K miles/year is 44%. Subtract 20 cents a mile for more miles if prepaid. 25 cents a mile after lease.
  • furlmfurlm Posts: 1
    Have found a price of $65,000 on a 2007 demo(starfire pearl/cashmere) with comfort plus package(ML-adv parking, etc with 3300 miles on it. List is $73.000. I'm in a small western New York market with little movement on price. Should I buy 2008 or is this a good price.
  • daryll44daryll44 Posts: 307
    That's near invoice and about what 2007's are going for. The fact that there are 3k miles might require an even lower price, but all in all it's pretty close to market from what I can gather.
  • jkd740jkd740 Posts: 2
    What do you think? Is this a good deal?

    2008 LS460 - Comfort package with additional options, MSRP is 70420. Deal I have worked now is for $65,500. Should I jump on this or keep working them? They don't seem to want to budge much more. Let me know your thoughts.
  • daryll44daryll44 Posts: 307
    5 grand off a 2008? I'd JUMP on it.
  • Hi gang,
    Here's what I want to buy: '08 L version, obsidian/black/med brown walnut; luxury package. MSRP on this is $75,045. Here are my questions:

    1) I'm willing to either go get it or have it shipped to get net savings, so would like to have an easy way to get quotes from dealers across the US. All the online sources I've seen generate quotes from your local zip code. Anyone know of a tool to generate quotes nationally?

    2) For a factory order (I'm assuming I won't find exactly what I'm looking for in anyone's lot inventory), what discount from MSRP should I expect? I'm looking at it as "free money" to the dealer, who doesn't have to incur any inventory cost but not sure how that argument plays.

    3) Am considering either buying the Teleios wheels from Dealerfit.com or just getting the standard 18" alloy wheels and having them chromed by an after-market provider. Any opinions on this?

    Thanks for the help!!!
  • daryll44daryll44 Posts: 307
    If you have no issues with a trade-in, why not just prepare a fax "TO THE SALES MANAGER" and send your request for bids to as many Lexus dealers as you are comfortable with (in terms of how far you are willing to ship)? And see who gives the best bid.
  • Thanks, Daryl. I was hoping to find a less time-consuming option (e.g. send one email or request) rather than having to contact all the dealers individually, but there may be no other alternative.
  • ultra64ultra64 Posts: 13
    Just do dealer quotes via Edmunds. Change your zipcode and you will get prices from dealers all over the county if you wish. You can get different prices by changing your zip code at carsdirect-southern California usually has the lowest prices for Lexi!
  • Molonlabe,

    Do you live in a state where discounts are hard to come by on the LS's? If so, I can understand your desire to order outside your region. However, if you live in a competitive market, such as where I live (SoCal), dealers wil undercut each other all day long.

    Unless you own your own trucking company, putting that puppy on a flat-bed will run you at the very least, $1,000!

    As for a factory order, it's not always a slam dunk. The dealer can put in your request on how you want the vehicle built, but the factory may or may not accept the build order based upon factory limitations etc.

    In regards to the "free money"... sure, a dealer would gladly place a special order for you (with a deposit, of course). You can bet the ranch the dealer doesn't want a $75k vehicle lurking in his inventory that otherwise wouldn't have been there. However, I do think you can negotiate a good price on a special order, but remember, an LS is not a "$500 over" car, and thus you'll probably get whatever type of pricing that your area is currently offering regardless of whether you order or take a car out an existing inventory.

    Overall, there's quite a bit of front-end profit on the LS's. Even though it's Lexus' flagship, good deals can be negotiated. If you do decide to place a factory order, negotiate the price and have it in writing signed by someone at the dealer who has the authority to make it binding.

    As for the chromes, a dealer will always get them chromed for you or flip them from another car, usually at full retail of around $2k-$3k. There's a solid 50% mark-up in that type of item, so if you get them to slash the price in half, you're good. Also, if you're leasing, a portion of the rims can be residualized!

    Good Luck!
  • swiftmswiftm Posts: 68
    Molonlabe: This is what I do.
    1. Go to lexus.com and get all lexus dealers internet dept email.
    2. Generate one email, paste to whoever you want to deal with. Only deal with internet manager.
    3. No phone number given and stated no phone call please. You will call them with the car you are interested in.
    4. Email or fax the detail sticker to you with VIN# to match, DO NOT register the car or pay local tax if out of state, depends on which state, you have three days in transport, or have the thing deliver to your drive way, I did it four times.
    5. You can also present lowest price to the local or nearest dealer for competitive bits.
    With VIN# and the check is in the mail, buy insurance before anything moves. Happy shopping. Given us feed back how well you did.
    swiftm001
  • Ultra,
    Yes, there are only 2 dealers in my city and they don't tend to be interested in competitive prices. My understanding is that I may save enough out-of-state to come out ahead even after the shipping. Or it could give me an excuse to grab a one-way flight and enjoy a long drive home with my new machine.

    Thanks for all the thoughts....good stuff!
  • Swift--this is awesome info...thanks! I don't see internet dept. emails on the lexus.com site. I can get links to each individual dealer's site, where some have internet dept. phone numbers but I don't see an easy way to grab email addresses. Am I missing something?

    Also, can you clarify your point #4? I'm not following you on the register/local tax/transport points.
    Thanks again.
    ML
  • swiftmswiftm Posts: 68
    Molonlabe: Most of the email addresses posted on lexus.com are the internet dept. As for #4 question: You would want to pay the taxes where you live, not both places; clarify the detail with the seller before your purchase, it can be a substantial amount added to the car, and you would want everything in writing of course. I am also looking for a LS, but not in a rush. swiftm001
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