November 2008 Auto Sales Thread
12-04-08, 04:15 PM
#61
Lexus Test Driver
Not a good idea right now. They need to worry about keeping costs down and better fuel economy as we all know that fuel prices will be back up before we know it.
12-04-08, 04:23 PM
#62
Lead Lap
Join Date: Oct 2008
Location: Texas
Posts: 667
Likes: 0
Received 0 Likes
on
0 Posts
12-04-08, 05:18 PM
#63
12-04-08, 05:18 PM
#64
Guest
Posts: n/a
12-04-08, 05:21 PM
#65
Lead Lap
Join Date: Oct 2008
Location: Texas
Posts: 667
Likes: 0
Received 0 Likes
on
0 Posts
Well, someone mentions Ford or GM running some kind of special, that's one thing because it's an unfair comparison.
But when BMW, M-B, Infiniti start running this stuff, it makes it a little more difficult.
12-04-08, 05:27 PM
#66
indeed lexus is standing pretty strong still on their lease and finance rates, making them highly unfavorable when compared to 0% or 0.9% from most other competitors. on leases lexus has been behind for long time so no surprise there.
toyota went with 0% financing 2 months ago already. i heard lexus is about 2.9% now? i wonder when they are going down to 1.9 or even 0.9%. i think this time they might just need to do that
12-04-08, 05:31 PM
#67
Guest
Posts: n/a
Low interest rates are great short term, kill you long term. Lexus has always held the long term view. BMW clearly is changing policies and lowing imports. Infiniti has to depend on selling cheaper and always has.
For Lexus to still be selling with finance/lease rates not as aggresive, with incentives not as aggresive shows people WANT the product for the product and truly value the price.
Last year was surely lovely for Lexus salesman but it was also an unheard of year for ANY luxury carmaker here. Over 300k sold? Wow.
For Lexus to still be selling with finance/lease rates not as aggresive, with incentives not as aggresive shows people WANT the product for the product and truly value the price.
Last year was surely lovely for Lexus salesman but it was also an unheard of year for ANY luxury carmaker here. Over 300k sold? Wow.
12-04-08, 06:02 PM
#68
Low interest rates are great short term, kill you long term. Lexus has always held the long term view. BMW clearly is changing policies and lowing imports. Infiniti has to depend on selling cheaper and always has.
For Lexus to still be selling with finance/lease rates not as aggresive, with incentives not as aggresive shows people WANT the product for the product and truly value the price.
Last year was surely lovely for Lexus salesman but it was also an unheard of year for ANY luxury carmaker here. Over 300k sold? Wow.
For Lexus to still be selling with finance/lease rates not as aggresive, with incentives not as aggresive shows people WANT the product for the product and truly value the price.
Last year was surely lovely for Lexus salesman but it was also an unheard of year for ANY luxury carmaker here. Over 300k sold? Wow.
but in today's economy, it's just tough, especially for lexus to hold their financial services position
12-04-08, 06:23 PM
#69
Lexus Champion
Join Date: Dec 2002
Location: IL
Posts: 2,854
Likes: 0
Received 0 Likes
on
0 Posts
Huh? Really? Maybe you need to look back a little further.....
Actually, they have been at .9% for about a month now (Lexus that is). At least here in the Midwest.
indeed lexus is standing pretty strong still on their lease and finance rates, making them highly unfavorable when compared to 0% or 0.9% from most other competitors. on leases lexus has been behind for long time so no surprise there.
toyota went with 0% financing 2 months ago already. i heard lexus is about 2.9% now? i wonder when they are going down to 1.9 or even 0.9%. i think this time they might just need to do that
toyota went with 0% financing 2 months ago already. i heard lexus is about 2.9% now? i wonder when they are going down to 1.9 or even 0.9%. i think this time they might just need to do that
12-05-08, 07:48 AM
#74
Lead Lap
Join Date: Oct 2008
Location: Texas
Posts: 667
Likes: 0
Received 0 Likes
on
0 Posts
