Price for a leftover '07 GS350 RWD
10-23-07, 03:02 PM
#1
Driver
Thread Starter
Price for a leftover '07 GS350 RWD
What price should I aim for on a 2007 GS350 RWD, with a MSRP of 49k?
Invoice is 43k, but if you take into account holdback, its 42k.
Given that it's the end of the year, what should I ask for? 40k?
Thanks.
Invoice is 43k, but if you take into account holdback, its 42k.
Given that it's the end of the year, what should I ask for? 40k?
Thanks.
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10-24-07, 08:32 AM
#9
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How is that possible? Are dealers selling these left overs at loss? Or do they have another hidden hold backs so they still make money?
Lexus is pretty popular here in the pacific north west but we only have 3 dealers in the area and 2 of them are owned by same owners, competetion is almost non-existant. I thought I was lucky to get $3700 off at the end of July.
I am buying my next car in SoCal and having it shipped. $9000 off MSRP is just too cool.
10-24-07, 08:50 AM
#10
Driver
Thread Starter
So help me understand. I've been hearing people buying GS for under invoice.
How is that possible? Are dealers selling these left overs at loss? Or do they have another hidden hold backs so they still make money?
Lexus is pretty popular here in the pacific north west but we only have 3 dealers in the area and 2 of them are owned by same owners, competetion is almost non-existant. I thought I was lucky to get $3700 off at the end of July.
I am buying my next car in SoCal and having it shipped. $9000 off MSRP is just too cool.
How is that possible? Are dealers selling these left overs at loss? Or do they have another hidden hold backs so they still make money?
Lexus is pretty popular here in the pacific north west but we only have 3 dealers in the area and 2 of them are owned by same owners, competetion is almost non-existant. I thought I was lucky to get $3700 off at the end of July.
I am buying my next car in SoCal and having it shipped. $9000 off MSRP is just too cool.
I'll just say that the huge discounts really aren't doing our resale values any justice. Galves values the 07 GS350 in the high 30s range, right now.
10-24-07, 09:15 AM
#14
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Holdback is what Lexus pays to the Dealer as an incentive to move the cars. Lexus will be taking a bath on the 07 AWD GS after consumer reports panned it. http://www.autoblog.com/2007/10/16/t...eliability-ra/