Is this a good deal?
11-30-12, 07:32 AM
#16
Instructor
Right...if you're comfortable with $600 a month, don't put the $5,400 down...just negotiate $5,400 off the price of the car and there you are.
Now, obviously taxes factor in there...but the money factor they are offering is VERY low. My guess is thats what they are doing, reducing the money factor because they're making a killing on the car.
Now, obviously taxes factor in there...but the money factor they are offering is VERY low. My guess is thats what they are doing, reducing the money factor because they're making a killing on the car.
Never blend them all together and negotiate a payment...
11-30-12, 02:29 PM
#17
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Right...if you're comfortable with $600 a month, don't put the $5,400 down...just negotiate $5,400 off the price of the car and there you are.
Now, obviously taxes factor in there...but the money factor they are offering is VERY low. My guess is thats what they are doing, reducing the money factor because they're making a killing on the car.
Now, obviously taxes factor in there...but the money factor they are offering is VERY low. My guess is thats what they are doing, reducing the money factor because they're making a killing on the car.
He took the car from 59,800 to 54,800
Taxes must be different in Texas because I've now called 3 dealers and all 3 say no way no how can they get close to this deal. They aren't even attempting.....
If it's not a good deal why are they acting like I'm making it up?
11-30-12, 02:35 PM
#19
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And for everyone saying to put ZERO down? Every Lexus Dec. to Rem. has a down payment tied to it.
http://www.yourlexusdealer.com/San_Diego/index.html
http://www.yourlexusdealer.com/San_Diego/index.html
11-30-12, 02:48 PM
#20
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11-30-12, 03:21 PM
#22
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11-30-12, 03:23 PM
#23
I used to buy all of my cars. I just turned 25 and I've owned way too many cars. Makes more sense to lease for me because I drive often, but it's in the city and it's never more than 10,000 miles a year. If you're going to drive A LOT and/or keep it for a long time, definitely worth buying.
11-30-12, 06:02 PM
#24
Lexus Fanatic
I just leased mine tonight! Negotiated the MF down to .0007. Nothing out of pocket, Lexus took care of the first month as part of the December to Remember. Sales price $59,911, negotiated down to $54k flat. Could have done a little better I think, but I'm happy with the deal and wanted to give this salesman the sale.
12-01-12, 08:02 PM
#25
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I just leased mine tonight! Negotiated the MF down to .0007. Nothing out of pocket, Lexus took care of the first month as part of the December to Remember. Sales price $59,911, negotiated down to $54k flat. Could have done a little better I think, but I'm happy with the deal and wanted to give this salesman the sale.
So what was your initial payment and monthly?
12-01-12, 08:51 PM
#26
Lexus Fanatic
$700, nothing out of pocket. Lexus covered the first month, taxes and tags wrapped in.
Luxury package so the residual was indeed 57%, the 60% is for the premium car not the luxury car. Confirmed that with two dealers and saw it in writing in the LFS book.
Luxury package so the residual was indeed 57%, the 60% is for the premium car not the luxury car. Confirmed that with two dealers and saw it in writing in the LFS book.
Last edited by SW17LS; 12-01-12 at 09:03 PM.
12-02-12, 10:41 AM
#27
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Thanks for all the responses.
Picking up Monday.
4K OOP $530/m and gave me $1550 more than I wanted on my trade in. So a total of 7K off msrp.
Will post pics later.
Thanks again.
Picking up Monday.
4K OOP $530/m and gave me $1550 more than I wanted on my trade in. So a total of 7K off msrp.
Will post pics later.
Thanks again.
12-02-12, 11:14 AM
#28
Lexus Fanatic
Congrats! Can't wait for pics
