rjm

I checked with my dealer today. The Conquest Program is in effect until the end of the month. It is a different program than the Lexus Owner's Reward Program. The latter is a program that rewards you for being a return Lexus customer. The former program gives you a $1500 rebate if you finance or lease a new Lexus GS-350 and are currently driving a BMW, Porsche, Cadillac, or other luxury automobile.

LEX900

What state are you in? Every dealer I speak with in NY, NJ says it ended in March.

rjm

Check LOCATION listed on my post.

LEX900

Ha, yea was on my iphone and didnt notice it. I think the conquest offer is regional.

Frankser

Just picked up mine tonight obsidian with flaxen. Base package in Florida which includes premium package, 18" wheels, navigation and accessory kit. Msrp of $52,093. Dealer sold for $3,600 under msrp plus gave a $1,500 luxury rewards rebate for owning a Cadillac. Total price before taxes and fees was $46,993. Was torn between an A7 and the 350. Love the looks and ride of the A7 but the amazing technology and value in the Lexus made the decision easier for me.

twx

wow, sounds like you got a real good deal! congrats. im sure in the long run, the 350 will be cheaper to maintain than the A7

faifai83

Nice! Pretty much invoice price before Lexus credit!

rjm

I think you mean a Conquest Rebate for owning a Cadillac. The Luxury Reward Rebate is for former Lexus owners.

MY13GS350

They call it "Luxury Owner Reward" and is for owners of 12 brands of Luxury cars, Not just Lexus.
At least in Florida that is. I qualified for it 4/17 trading in an Acura TL

Frankser

i think it is the same thing as a conquest rebate but for some reason this month they are calling it a luxury owner reward here in Florida. this website was invaluable in helping me get a good deal on the car. thanks for the help.

rjm

Of course you are right according to the photo attachment at the bottom of your post. That description is the same description I got for the Conquest Rebate. Now I'm wondering what the difference is. I asked the manager at Park Place Lexus and was told the Conquest was for owners of other brands of luxury cars, while the Luxury Owner Reward was for former Lexus owners. But according to the ad on your post, they sound like the same promotion to me. In any event, if anyone has received both rebates, they have certainly got a good deal.

kssod

Considering a purchase today, have not seen the above ad in my area (NE Ohio) I plan on the following approach, BMW 5 and A6 in the area are 5% of MSRP via Truecar, plus BMW is advertising a $1500 additional discount and a $1000 drive event discount on 5 series. The hope is Lexus will match. Approx 60k for F-Sport AWD with ML.
3k off plus 1500 extra for RL "conquest".
Doubtful since trucar is MSRP for the GS in my area.
Don't really need a new car just yet, RL has new tires and brakes, and have a C6 for fun in the sun.

zoombie99

I don't think that logic will work. What you do have in your favor is that it is the end of the month. You can also take a flight to the NYC metro area and you should be able to get a good deal saving you a few thousand.

LEX900

Craziest thing...I took my A6 to Cash for Cars (Carmax knockoff) and they could not beat my Carmax offer. I thought i was going to have to drive the 2.5 hours to CT tomorrow to sell it, which i was dreading. Then a kid calls me from my Cars.com ad and tells me he wants to buy it for $1000 more that Carmax, cash! He kicked the tires, drove around for 10 mins, and we went to the bank to deposit $24K, just like that.

Walked over to dealer with my wife and picked her up yesterday. $56,482 MSRP, paid $52,763.

Here is the breakdown on paper:
Capitalized Cost Reduction - 1932.96
First Month Payment - 597.99
Refundable Security Deposit N/A
Title Fees N/A (told them flat out I wasnt paying this)
Registration Fees$10
License Fes N/A
Tax on Cap Cost Reduction 171.55
Acquisition fee - 700
Process Fee/12.50 NEW YORK STATE TIRE FEE 87.50
STATE TAX N/A
Total 3500 (Minus $1,000 performance event credit = $2,500 out the door)

The breakout on the amount due may seem weird, but I basically told them I had an offer at 580 per month, with $3500 down (which i did, from a Jersey dealer). I showed them the paper, they had a similar car on site (with the remote start, a little extra). They tried to get me to pay 630 or something. I told them i was not paying more than $590 p/m and not coming out of pocket more than 3500. That was it. They met me at $599 to get the deal done and I dropped my deposit.

I think it was a matter of them wanting to move it, and me having other offers to scare them with. Store manager half jokingly told me I stole a car from him, legally. I had to stick to my guns but got it done. If you have a credit/rebate don't mention it until deal is made.

Thanks to all on this forum for your insight, education and enthusiasm.

Lex

PLAYTYM

So here's my deal:

2013 Lexus GS AWD

Packages: Luxury, Cold Weather, Blind Spot, Park Assist

Accessories: All weather floor mats, Carpet trunk mat, Remote engine start, Paint protection film, Rear bumper appliqué, Glass breakage sensor

Color: Nebula Gray Pearl with Black Leather and Linear Espresso Wood

Total MSRP: $60,588

Purchase Price: $57,500

What do you guys thing, not too bad, right?

Should be picking up the car this coming Friday! So excited!!!!