Edmunds invoice vs dealers
10-15-05, 08:10 AM
#1
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Edmunds invoice vs dealers
I am looking at a GS430. Edmunds says the invoice is $46,928.
JM lexus claims theirs is $47,851.
Lexus has a 2% holdback of base MSRP.
I offered them $650 over Edmunds invoice. This would give them over $1,650 a profit and probably more.
They ALSO have a $650 dealer fee. So by my understanding they increase their invoice price by over $1600 in fee's.
I told them $650 over Edmunds invoice and NO MORE or I walk. They won't take it. I have NEVER been able to seal a deal with JM.
JM lexus claims theirs is $47,851.
Lexus has a 2% holdback of base MSRP.
I offered them $650 over Edmunds invoice. This would give them over $1,650 a profit and probably more.
They ALSO have a $650 dealer fee. So by my understanding they increase their invoice price by over $1600 in fee's.
I told them $650 over Edmunds invoice and NO MORE or I walk. They won't take it. I have NEVER been able to seal a deal with JM.
10-15-05, 10:05 AM
#2
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Join Date: Mar 2005
Location: Texas
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Buddy, why don't you give your neighboring Lexus Dealerships a call, and go with the dealership that offers you the best price... gotta haggle if you wanna save $$$$, lol. Good luck with the process... I know it more than a pain in the a$$ for me.
-Niloy
-Niloy
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