Lexus expanding the "no haggle" programs
#166
Unfortunately, some dealerships don't stop at simply MSRP. I've seen too many ADP/ADM (Additional Dealer Profit / Additional Market Value) stickers over the years (though I haven't paid them myself), on high-demand / low-supply vehicles, particularly when they were new or just introduced. Good examples were the Honda CRX, Mazda Miata, Nissan 350Z, Toyota MR2, Plymouth Prowler, Chrysler PT Cruiser, Chevy Camaro SS, Shelby Mustang, 2-seat Ford Thunderbird, and the Dodge Charger / Challenger Hellcats.
#167
Unfortunately, some dealerships don't stop at simply MSRP. I've seen too many ADP/ADM (Additional Dealer Profit / Additional Market Value) stickers over the years (though I haven't paid them myself), on high-demand / low-supply vehicles, particularly when they were new or just introduced. Good examples were the Honda CRX, Mazda Miata, Nissan 350Z, Toyota MR2, Plymouth Prowler, Chrysler PT Cruiser, Chevy Camaro SS, Shelby Mustang, 2-seat Ford Thunderbird, and the Dodge Charger / Challenger Hellcats.
speaking of 350Z, I was sitting in one when it first came back, and sales approached, what are you here for? "Oil change [$14.99 back then]." Sales says we can have you leave in this, why take your old car home (it was like 1 1/2 y.o.)? And it was I think $4k over sticker....
#168
call me naive, but I had no idea you could "negotiate" on things at Lowes. We couldn't find plastic bins, and so we asked an associate where they were, and she led us to them. My wife goes great, this one is scratched (it's a storage bin, will never see it again once it goes to the attic), can you take anything off? Associate goes sure, 20%, so she goes I need 3, sure, 20% as many as you want. Wife asks for 50% off, and the associate just says, "You wish...." But you never get anything off, unless you ask.....same thing at Home Depot. Our gas stove got delivered with a scratch, it got fixed under warranty, and they took 20% off the entire purchase (a new dishwasher as well) which was around $400. Already got 20% on the original purchase. But I get it, my cousins consider us to be unwashed worrying about such details, literally. I find that to be arrogant.....
#169
Anyhow, back to the topic with cars, really, nothing is off limits. You can ask for the salesperson's watch if you want, to be thrown in, and it's up to him and his manager or her, if they want to. They can always tell you nice day, and walk away.
#170
Back to the "no haggle" pricing, my first encounter was via an email from the local dealership inviting me to buy a brand new LC500.....
The wording in the email says "no hassle" (as opposed to "haggle") which then listed out the long version of all of the options on the particular car being presented. I did not see any reference to "Lexus Plus" in the communication but there were implications that similar pricing extended to their CPO lineup.
The "bottom line" of the "no hassle" price was just over $113K plus fees (taxes and license) so "out the door" price for this car would be over $120K in my state. This for a "base" price of $92K.
I am not seeing the attraction.... Maybe a moot point for the first year of the LC500 as they will be highly sought after and many are spoken for before they even reach the dealerships.....
The wording in the email says "no hassle" (as opposed to "haggle") which then listed out the long version of all of the options on the particular car being presented. I did not see any reference to "Lexus Plus" in the communication but there were implications that similar pricing extended to their CPO lineup.
The "bottom line" of the "no hassle" price was just over $113K plus fees (taxes and license) so "out the door" price for this car would be over $120K in my state. This for a "base" price of $92K.
I am not seeing the attraction.... Maybe a moot point for the first year of the LC500 as they will be highly sought after and many are spoken for before they even reach the dealerships.....
#171
Back to the "no haggle" pricing, my first encounter was via an email from the local dealership inviting me to buy a brand new LC500.....
The wording in the email says "no hassle" (as opposed to "haggle") which then listed out the long version of all of the options on the particular car being presented. I did not see any reference to "Lexus Plus" in the communication but there were implications that similar pricing extended to their CPO lineup.
The "bottom line" of the "no hassle" price was just over $113K plus fees (taxes and license) so "out the door" price for this car would be over $120K in my state. This for a "base" price of $92K.
I am not seeing the attraction.... Maybe a moot point for the first year of the LC500 as they will be highly sought after and many are spoken for before they even reach the dealerships.....
The wording in the email says "no hassle" (as opposed to "haggle") which then listed out the long version of all of the options on the particular car being presented. I did not see any reference to "Lexus Plus" in the communication but there were implications that similar pricing extended to their CPO lineup.
The "bottom line" of the "no hassle" price was just over $113K plus fees (taxes and license) so "out the door" price for this car would be over $120K in my state. This for a "base" price of $92K.
I am not seeing the attraction.... Maybe a moot point for the first year of the LC500 as they will be highly sought after and many are spoken for before they even reach the dealerships.....
https://www.lexus.com/lexusplus/
#172
My dealer isn't Lexus Plus but they advertise a discounted price on every vehicle in inventory, they hang tags on the rearview mirrors also. You can negotiate further and they'll beat deals, but even if you pay that price its usually not bad.
Their LC's are marked up $300 from MSRP. Random lol.
Their LC's are marked up $300 from MSRP. Random lol.
#173
My dealer isn't Lexus Plus but they advertise a discounted price on every vehicle in inventory, they hang tags on the rearview mirrors also. You can negotiate further and they'll beat deals, but even if you pay that price its usually not bad.
Their LC's are marked up $300 from MSRP. Random lol.
Their LC's are marked up $300 from MSRP. Random lol.
#175
#177
Now....one thing I personally would like to see printed on each sticker (and why Ralph Nader, with all of the other new-car consumer-benefits he brought about over the years, didn't push for this long ago, beats me) , is to have the invoice/dealer-cost clearly printed on each sticker, in addition to the current figures. That can easily be done, since each new car is built to a specific set of factory/dealer figures that are in effect on the day that that vehicle is built, and those figures could easily be printed with the others.
It might look somewhat like this:
Base Price: XXXXX
Options: XXXXX
Factory Rebate: (If applicable): XXXXX
Factory Invoice / Dealer Cost: XXXXX
(The repeat-customer and military discount could be left off, since it doesn't apply to all buyers)
Manufacturer List Price: XXXXX
That would definitely make it more difficult for the dealership to play games.
And any extra charges (such as dealer-accessories or the additional markup on high-demand vehicles) would be, as they are now, on second sticker.
Last edited by mmarshall; 05-22-17 at 05:18 PM.
#179
Lexus Expands its One-Price, No-Haggle Program (photos)