Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
Options
Comments
I bought mine from out of state 2007 FWD loaded with DVD/Navi for 37500 when the dealers here were quoting 42500 for the same exact model.
I ended up purchasing from Lexus of Bridgewater. I called to see if they would sell it to me for $38k before I even set foot in the showroom.
If you aren't successful there then Ray Catena of Freehold was also willing to match the price but they didn't have the color I wanted.
Stay away from Lexus of Edison and Lawrence Lexus in Lawrenceville. Lexus of Edison said "We don't sell at invoice" so I told them to keep the car. Lawrence Lexus was even unwilling to deal much also.
Good luck!
I bought from Lexus of Bridgewater. I called to see if they would sell it to me for $38k before I even set foot in the showroom. I haven't gotten the car yet but I'm hopeful it's as smooth as the purchase was.
You can also try Ray Catena of Freehold. They would sell for the same price but they didn't have the color I wanted and were not scheduled to get it in anytime soon.
I would stay away from Lexus of Edison and Lawrence Lexus in Lawrenceville. Lexus of Edison said "We don't sell at invoice" and Lawrence Lexus was not much better.
Good luck!
Our RX350 was FWD, and the MSRP was $44,466, I think including the destination. That didn't include the doc fee of $399, so with that their starting price was $44,865. Our "price" before tax / tag / title was $39,899, or right at $5000 off of MSRP.
Not sure how that compares with others in the SE, but I could tell that I had gotten as much as they were willing to give. I invested a day or so in the whole thing from the test drive to negotiation and close, so I was pretty happy.
best,
jeff
Total is $50,492. They agree to sell me for $46,600 drive out. Is it still to much? Thanks for your answer
Tidus
Sorry to say,I think you paid more.But I know that this dealer provides 3 or 4 free services which is valued at $600
Tinku
2008 RX 350 FWD
Premiuim plus package, navigation system, 18 inch wheels, heated seats with rain sensing wipers, wheel locks, cargo mat, tow prep package.
MSRP - $44,306
Dealer Invoice - $39,513
Price Paid - $38,213
Doc prep fee - $55
Sales Tax (CA 8.25%) - $3157
DMV electronic filing fee - $28
License fee - $301
CA tire fee - $8.75
Smog fee - $12
TOTAL OUT THE DOOR - $41,775
I wanted to share this with you as this type of detailed break-up of prices on this forum helped me greatly in negotiating this deal.
Please let me know what you think about this deal.
I found your discussion very helpful and would like to share the deal I was able to get from Ray Catena in Ocean, NJ:
2008 RX 350 FWD
Premium plus package, navigation system with rear camera, 18 inch 7-spoke wheels, heated seats with rain sensing wipers, wheel locks, cargo mat, tow prep package.
MSRP - $45,816
Price Paid - $40,857 = dealer's invoice
Doc prep fee - $249
Sales Tax (NJ 7%) - $2859.99
DMV electronic filing fee - $27.50
NJ tire fee - $7.50
TOTAL OUT THE DOOR - $44,000.99
Unfortunately, the dealer was not willing to go below the invoice no matter how hard I tried, so I hope I got a good deal! I have to say the experience has been wonderful, they didn't pressure me into anything and I won't hesitate to recommend them to anyone. My sales guy was Mike Barone.
Competing offers received (rock bottom prices, would not discount further) -
Lawrence Lexus - $41,358 + tax/fees
Lexus of Bridgewater - $41,774 + tax/fees
Lexus of Edison - $41,900 + tax/fees
Hope this helps another buyer and good luck!
Initial quote from Lexus Greenwich was:
$42,100
+84 plate transfer
+ 200 conveyance fee
+2536 (6% sales tax)
_________________
$44,926 total
I'm having trouble coming up with a reliable "invoice" price -- different sources give different figures (Edmunds, Costco Carsource, Consumer Reports service...)-- from which to negotiate. I read earlier that one should aim for $2500 below dealer invoice -- realistic?
Any advice would be much appreciated.
Thanks to all for this very helpful forum!
Lots of great discussion regarding this vehicle. I used Edmunds forums and other buyer's experiences to lease my '06 Maxima awhile back and look forward to the same when purchasing my '08 RX350.
I'd like to hear if anyone has had any experience in purchasing this or any vehicle through Fleet Sales. I spoke with a Fleet agent in Los Angeles (I'm in Seattle) and he is willing to sell me an '08 RX350 with Prem + for $100 over invoice. I'm interested in leasing and he said that they go through various sources to acquire the lowest money factors possible. I would have to pay for shipping to get the car here, but no problem as I haven't been able to get a local dealer anywhere near invoice on this car.
Does anyone have experience in dealing with Fleet?
Can anyone tell me the current money factor and residual that Lexus is offering for a 12K and 15K 36mo term lease so I have something to compare with?
If the lease is offered through someone other than Lexus (or TFS), how does turning that vehicle back in to the dealer at lease end work (assuming I decide to do that)?
Thank you everyone,
Jason
Pete
I found this forum very helpful and I am looking to buy 08 RX 350 within 2 weeks in Dallas Texas area.
2008 RX 350 FWD Premium plus navigation package. Visit a local dealer and got a OTD price for $42800
is it a good deal? or how low can I go from here?
Also what is the advantage for "The Lexus Summer Sales Event" if I buy a Lexus before Sep 4? Did not see any rebate or discount mention on Lexus website. just "You are cordially invited to The Event....to spend MONEY ? "
Any advice would be much appreciated.
Thanks to all for this very helpful forum!
'Lexus offers savings in leasing and financing with The Event. Pricing is also more aggressive as we are trying to move vehicles for model year end. The finance rate is predicated upon your credit score and the amount finance. The rate will be any where from the low 6% to mid 7% range'
Another said 'This Event sale gives you some very aggressive lease rates on the RX 350's. It also insures our best sale pricing.'
Not very specific, but the best I can add.
When I purchased my RX 350, a week ago, the delaer was pushing hard to sell a protection package for 5 years for an amount of $1,025 (discounted from $1,295). This will cover any dings, dents, scratches etc to the exterior and any cuts, rips, stains to the interior.However, there is a $100 deductible for every use of this plan and the owner is eligible to use the plan any number fo times for five years.
I thought this is a good deal, as we are sure to get some dings and scrathes (may not be your fault)in the parking lots in 5 years.
Please comment if anyone has taken any such protection plans. Thanks.
199 (doc fee)
2050 (5% MA tax)
86 (registration)
-------
43335
am i missing any other hidden fees etc? sounds about right from the other posts here. anyone care to offer an opinion?
thanks,
andy
2008 RX350 AWD
Prem Plus
Navigation
Heated seats/rain sensing wipers
cargo mat
wheel locks
17 inch wheels
------------------------------------------
41000 (car, including destination, i think)
199 (doc fee)
2050 (5% MA tax)
86 (registration)
-------
43335 (total)
am i missing any other hidden fees etc? sounds about right from the other posts here. anyone care to offer an opinion?
Very similar to the deal I got today, but you might push for a little better:
2008 RX350 AWD
Prem Plus
Navigation
Heated seats/rain sensing wipers
cargo mat
tow prep
wheel locks
18 inch wheels
------------------------------------------
40,500 including destination fee
149 (doc fee)
100 (registration)
-------
plus tax (my state is higher than yours)
Where and which dealership did you get that deal solar?
Also, has anyone else in texas gotten a deal better than $44,000 drive out on a 08 350 with nav. Please let me know where. Thanks.
I bought my 08'RX 350 for $42500 OTD. Was this deal good or not?
Besides, there is a small range, I'm noticing. We're haggling over a range of 2000 dollars. Not that I'm rich or anything, but why go through the headache for such a little amount. In the big scheme of things, it's not a big deal.
In addition, some people simply enjoy the process of getting things at the lowest possible price.
Prem Plus
Navigation
Heated seats/rain sensing wipers
cargo mat
wheel locks
18 inch wheels.
40801
199 doc
2040 tax (5% MA)
86 registration
-----
43126
i'm probably getting ripped off but this is the lowest i've gotten
2008 RX350 AWD
Prem Plus
Navigation
Heated seats/rain sensing wipers
cargo mat
wheel locks
Towing pkg
18 inch, 7-spoke wheels.
$40.4K +TTL
For the same vehicle, Lexus of Orlando was quoting me $40.6K. Also, the Melbourne dealer gave me a better price on my trade by $4700. Sales staff in Melbourne treated us top-notch.
2008 RX350 AWD - savanahh/beige interior
Premium Plus
Navigation
Heated seats/rain sensing wipers
cargo mat
wheel locks
tow prep package
40800 car
199 doc fee
2040 tax
86 registration
good/bad/fair who knows? let me know what you think?
thanks in advance for your opinions.
Where did you obtain the quote you've listed. I'm in the process of buying a 2008 RX350 (Pre. Pkg., w/navigation). I live in Northern NJ, and I'm interested in knowing the most competitive price.
2008 Lexus RX 350 (premium package, with navigation).