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Comments
2 weeks ago, a good deal was a loaded 07 ($55k) at or about invoice ($48k).
Now you can get the equivalent loaded 08 ($54k, since msrp has dropped by almost $1k due to the 3rd row pricing) at or about $1k over invoice (which is still $48k since the invoice dropped $700).
For us: Same price...newer car, not a bad deal...and the dealer is actually enjoying some margin right now...so it's win/win.
Wait it out a couple months and they'll probably be be back to invoice.
Also, any recommendations for places to go for financing on-line?
$1k over mfr invoice without any TDA surcharges (Toyota Dealer Advertising, yup it's still a Toyota underneath it all)
I think you got an excellent deal. I have been actively shopping around NY area for the last 2 weeks without much success. Could you please share your dealership and salesman information with me? email is ratluri@hotmail.com.
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I am also interested in this offer. Could you please share your dealership and salesperson information with me?at rrvr174@yahoo.com? Thanks sj
MSRP was $52,225. Was getting offers anywhere from $46,250 to $48,000 in San Diego and LA area. This car has NAV, Mark Levinson, third row, tow hitch prep. No rear-entertainment system.
Looks like dealerships here have a lot of 2008 in stock.
MSRP was $52,225. Was getting offers anywhere from $46,250 to $48,000 in San Diego and LA area. This car has NAV, Mark Levinson, third row, tow hitch prep. No rear-entertainment system.
Looks like dealerships here have a lot of 2008 in stock.
If you do a search, you'll see where I have successfully gotten invoice or close to invoice prices for a number of folks from my NJ based dealer. If you want the contact information, please send me a note to phula11231 AT yahoo.com.
I wasn't disappointed by their price and neither will you.
ED
can you e-mail me too the contact info for your sales rep? I am interested in purchasing one too! JT
Thanks!
That being said, the price of the car doesn't have a ton to do with whether it makes sense to lease. Often the captive financial companies of the vehicles artificially increase numbers in order to move them on leases.
For example, the 5 series BMW is a very good car to lease instead of buy. BMW's out of warranty can be extremely expensive, and the residual values of those cars on three year leases are 60%, meaning that the difference between buying and leasing in terms of $ are extreme....and then you aren't saddled with several K expenses out of warranty. Just an example.
$ for $ for someone who is going to own a car for many years? No-brainer that buying is a better option. But leasing does have advantages.
Leasing can make financial sense even taking out personal buying patterns for vehicles (i.e. tendency to buy cars every two or three years). Lease support and multiple security deposits can significantly lower the cost of financing - possibly even better than traditional loans. However, zero percent loan options currently in the marketplace (not from Lexus) definitely outperform leases.
Finally, leases can act as a hedge when acquiring a new SUV. With rising gas prices and the trend towards better MPG, today's SUVs have a decent chance of accelerated depreciation similar to the large sedans of the 70s. A lease sets the residual at the beginning of the term, mitigating depreciation risks. If the value at the end of the lease is well below the residual, one can simply turn the car back into the dealer and walk away. If the worst does happens (meaning today’s SUV are yesterdays Oldsmobile), purchasing the car today leaves one in dire shape in the future.
Let's stay on the specific topic at hand... Other members come here to find out what prices are being paid.. for this particular vehicle...
Thanks!
kyfdx
Edmunds Price Checker
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Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
I am not associated with, related to, or othwise employed by this dealer/salesman.
What I did was a LOT of research before buying my Lexus, and am happy to pass my info to other readers of this board.
Happy Holidays
Ed in NJ
I am getting a run around from my dealership located in Portland Oregon. They are saying they have one Blizzard pearl for this December month. I think this is bunch of bull.
**Navigation/Mark Levinson Audio Package Includes: Generation 5 Navigation System and Rear Camera with Steering Wheel Voice Command button, Bluetooth, EMV Mark Levinson 14-Speaker 240-Watt Premium Audio System, and DVD Changer
**Third Row Seat with Rear Air Conditioner
**Towing Prep Package Includes: Wiring Harness, Converter, Sub-Bracket, Rear Bumber Hitch Cover with Cutout (did not include ball mount)
**Cargo Tray
**XM satellite Radio
**All Weather Mats
**Preferred Accessory Package: Cargo Mat, Cargo Net and Wheel locks
I saw at least 8 of them (including 1 Blizzard Pearl) on the lot of Carlsbad Lexus.
No shortages here!
If you can pick one up from here I suggest sending an email to few of the dealerships and see what kind of deal you can get. This strategy really works.
Good deal?
no satellite, no lexus link, no sports, no rear entertainment.
So what's the best price you've gotten "newgal"? I am interested.