Price thread - what kind of deal did you get?
05-01-12, 01:17 PM
#271
I assume you meant to ask about requirements to join... if so, go to penfed.org - click the join penfed link at the top (and if you don't meet any of the criteria listed, click "none of the above" - $15 or $20 one time charge at the most)
05-01-12, 02:35 PM
#272
USAA recently offered me 1.79% for 60 months. I bought a new RX in December, and got a 60 month loan from LFS for the full purchase price at 0.9%! I like to pay cash, but that kind of rate is tough to refuse.
05-05-12, 08:05 AM
#273
Pole Position
Join Date: Aug 2003
Location: New Jersey
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Hey guys...I'm in the North East, Vermont to be exact, so the closest Lexus dealer to me is 2.5 hours away.
I went down yesterday and test drove one. They are offering .00195 on a lease for 36months at 10,000 a year for miles. They will not allow MSDs to lower the rate. They will also only take $1000 off retail.
Seems like a crappy deal. I think I'm just going to purchase! I still want a better deal than $1000 off. Do you know of any dealers in the North East that might be willing to meet me somewhere at invoice?
Thanks guys!
I went down yesterday and test drove one. They are offering .00195 on a lease for 36months at 10,000 a year for miles. They will not allow MSDs to lower the rate. They will also only take $1000 off retail.
Seems like a crappy deal. I think I'm just going to purchase! I still want a better deal than $1000 off. Do you know of any dealers in the North East that might be willing to meet me somewhere at invoice?
Thanks guys!
05-05-12, 06:28 PM
#278
Driver School Candidate
Join Date: Apr 2012
Location: NY
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I bought the extended warranty through Lexus dealership. Its 8 years / 100k miles for $2600. Did I get ripped off? I'm planning on keeping the car at least 6 years. After 6 years, possibly selling the car or keeping it for even longer
05-05-12, 08:00 PM
#279
I wouldn't say you got ripped off but you certainly could have saved some money. I purchased the extended warranty for my 2007 GS350 from Troy of Greenfield Toyota (got his info from clublexus) and got the 6 year/100,000 mi extended warranty for around $1200 (don't remember exactly)
05-05-12, 10:17 PM
#280
Instructor
I wouldn't say you got ripped off but you certainly could have saved some money. I purchased the extended warranty for my 2007 GS350 from Troy of Greenfield Toyota (got his info from clublexus) and got the 6 year/100,000 mi extended warranty for around $1200 (don't remember exactly)
I'd say to keep the $1200 in the bank and start spending it after 4 yrs...
05-05-12, 10:34 PM
#281
Driver
Join Date: Feb 2012
Location: TX
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I went for the 8 year warranty. Coming off an Audi, I am paranoid. Maybe not necessary in a Lexus, but peace of mind is worth it to me... Remember, even minor electric items in these cars easily will cost greater than $500 each to repair--I remember my adaptive headlights in my Audi broke TWICE, each time costing $1000...
05-05-12, 10:35 PM
#282
Instructor
I went for the 8 year warranty. Coming off an Audi, I am paranoid. Maybe not necessary in a Lexus, but peace of mind is worth it to me... Remember, even minor electric items in these cars easily will cost greater than $500 each to repair--I remember my adaptive headlights in my Audi broke TWICE, each time costing $1000...
05-06-12, 07:22 AM
#283
I went for the 8 year warranty. Coming off an Audi, I am paranoid. Maybe not necessary in a Lexus, but peace of mind is worth it to me... Remember, even minor electric items in these cars easily will cost greater than $500 each to repair--I remember my adaptive headlights in my Audi broke TWICE, each time costing $1000...
05-06-12, 08:12 AM
#284
Instructor
Not every situation is as black and white as you perceive it. I purchased the extended warranty in the 36th month because I had 49k miles. So although the bumper to bumper warranty is for 4 years, it also says OR 50k miles, whichever comes first. In my case, the mileage came first. So I got an additional 3 years or an additional 50k miles. As for just keeping the money, that's totally up to you. My warranty more than paid for itself when I needed all 4 calipers replaced along with the motors in the side view mirrors. Had I kept the $1200, I would have spent an additional $3k.
I don't blame you for being paranoid. Repairs can get costly. The piece of mind is priceless
I don't blame you for being paranoid. Repairs can get costly. The piece of mind is priceless
Logic: The new OEM part lasted 60k miles already. The generic or re-manufactured part should last ~30k miles!
05-06-12, 12:20 PM
#285
Talk about flawed logic. So if a component fails, you automatically assume it will fail again and therefore an aftermarket/refurbished part will be better? Ok. Not to mention there are quite a few other components that can fail that will cost you more than a caliper or motor in the side view mirror. It's your car and your money. You can take the risk if you would like. Others like knowing they have an extended warranty in the event something breaks down.