GS - 4th Gen (2013-2020) Discussion about the 2013 and up GS models

CPO Pricing

Thread Tools
 
Search this Thread
 
Old 10-31-15 | 07:13 PM
  #61  
bclexus's Avatar
bclexus
Lexus Test Driver
 
Joined: Nov 2014
Posts: 9,647
Likes: 2,333
From: Texas
Default

Originally Posted by ironcondor
I forgot to add, I found the pricing interesting. I actually thought the listed price was quite fair, and seemed lower than some other dealerships. I was at Newport Lexus. The sales guy I was working with told me, especially for used vehicles, they were going to more of a "no-haggle" pricing model. Still wiggle room, but less than expected. He said people tire of the usual negotiating and just want to get in and get out. Putting competitive prices that seem fair upfront actually helps them move more volume (apparently). I took this with a grain of salt of course, but their used car inventory seemed more reasonably priced than other dealers in my area....by several thousand in many cases.
Actually your salesperson was right about Lexus going to no-haggle sales program. Many Lexus dealerships have already begun moving toward that standard. The concept will begin with all Lexus dealerships in 2016.
Old 11-01-15 | 07:52 AM
  #62  
ironcondor's Avatar
ironcondor
Driver School Candidate
 
Joined: Mar 2014
Posts: 33
Likes: 0
From: CA
Default

Originally Posted by bclexus
Actually your salesperson was right about Lexus going to no-haggle sales program. Many Lexus dealerships have already begun moving toward that standard. The concept will begin with all Lexus dealerships in 2016.
Honestly, it makes sense. I hated haggling. If I felt the listing price was already fair (in my case I felt it was), it makes it a lot less stressful and time consuming. Good to know, thanks for sharing.
Old 11-01-15 | 09:24 AM
  #63  
bclexus's Avatar
bclexus
Lexus Test Driver
 
Joined: Nov 2014
Posts: 9,647
Likes: 2,333
From: Texas
Default

Originally Posted by bclexus
Actually your salesperson was right about Lexus going to no-haggle sales program. Many Lexus dealerships have already begun moving toward that standard. The concept will begin with all Lexus dealerships in 2016.
Originally Posted by ironcondor
Honestly, it makes sense. I hated haggling. If I felt the listing price was already fair (in my case I felt it was), it makes it a lot less stressful and time consuming. Good to know, thanks for sharing.
You bet. However, the new no-haggle policy will probably drive some people here crazy.

Enjoy the car! Nice color combo...
Old 11-01-15 | 09:48 AM
  #64  
TomMartin's Avatar
TomMartin
Pit Crew
 
Joined: Oct 2013
Posts: 199
Likes: 3
From: MN
Default

Originally Posted by bclexus
You bet. However, the new no-haggle policy will probably drive some people here crazy.

Enjoy the car! Nice color combo...
My assumption is that for those who "believe" the dealer first "offer" the no haggle pricing will be a benefit. For those who work really hard to compare and find the current "lower price point dealers" in the market...may not benefit them and may even lead to a higher price point?

Will be interesting...my dealer does little more than they have to...until you negotiate...and then they are a long way from any Lexus competition so they are difficult to get near some of the pricing seen here in multiple dealer markets.

TomMartin
Old 11-01-15 | 12:58 PM
  #65  
5PM's Avatar
5PM
Driver
 
Joined: Jul 2013
Posts: 185
Likes: 6
From: CA
Default

How is "no-haggle" going to work at year-end? Within the last month several people on this forum have reported as much as $12K off MSRP on 2015 F Sports. Is Lexus going to roll all of their year-end incentives into revised "no-haggle" prices? I seriously doubt it. I also doubt dealers are going to be thrilled with the idea.

Incidentally, polls show that about 40% of Americans do not realize new car prices are negotiable.
Old 11-01-15 | 01:37 PM
  #66  
ironcondor's Avatar
ironcondor
Driver School Candidate
 
Joined: Mar 2014
Posts: 33
Likes: 0
From: CA
Default

I'm not sure the no-haggle model applies as much to new inventory. The sales guy specifically mentioned CPO/preowned pricing. Otherwise you bring up a very good point.

And ultimately, everything is still negotiable.
Old 11-01-15 | 06:35 PM
  #67  
EyeKutr's Avatar
EyeKutr
Pole Position
iTrader: (5)
 
Joined: Aug 2005
Posts: 2,733
Likes: 39
From: Alta Loma, CA
Default

I bought my preowned gs350 from a lexus dealer, and they have no haggle pricing. However I felt some of the cars were overpriced. Mine sat there for about 2 months and 2 price drops. The second price drop was literally 4000 less than the initial no haggle price. I bought it the first day price was dropped and a guy was waiting at the dealership to see if I would indeed close the deal. So no haggle pricing is not necessarily their best deal.
Old 11-06-15 | 09:12 PM
  #68  
supra725's Avatar
supra725
Thread Starter
Driver
 
Joined: Jan 2015
Posts: 148
Likes: 12
From: CA
Default

Well guys..

I finally got the one i wanted.

is an 2013 GS 350 F sport with ML, BSM, RDS, HUD certified with 23k miles for $35k + tax..
Old 11-07-15 | 09:00 AM
  #69  
ironcondor's Avatar
ironcondor
Driver School Candidate
 
Joined: Mar 2014
Posts: 33
Likes: 0
From: CA
Default

Awesome! Congrats!! Great price.
Old 11-07-15 | 06:13 PM
  #70  
bluejay9i6's Avatar
bluejay9i6
Driver School Candidate
 
Joined: Sep 2009
Posts: 7
Likes: 0
From: CA
Default

CONGRATS What color combo did you obtain? Which dealer did you go to?
Old 11-07-15 | 06:38 PM
  #71  
supra725's Avatar
supra725
Thread Starter
Driver
 
Joined: Jan 2015
Posts: 148
Likes: 12
From: CA
Default

it was an smoking deal.. all the bay area dealers are asking high $30k's and into the low $40k's for an 2013 thats with less option then mine..

I got it with liquid platinum with Cabernet interior..

on top of that, it came with the $4k oem forged wheels.. the 19-IN FULL-FACE FORGED ALLOY WHEELS..

The dealer I went through is Keyes Lexus in Van Nuys.
Old 11-07-15 | 07:54 PM
  #72  
EyeKutr's Avatar
EyeKutr
Pole Position
iTrader: (5)
 
Joined: Aug 2005
Posts: 2,733
Likes: 39
From: Alta Loma, CA
Default

What a deal !!! seems to good to be true 2013 GS 350 F sport with ML, BSM, RDS, HUD certified with 23k miles , 4k wheels, for $35k + tax

did they include free service to 100k miles too ?

Last edited by EyeKutr; 11-08-15 at 09:55 AM.
Old 11-08-15 | 08:41 AM
  #73  
designzio's Avatar
designzio
Driver
 
Joined: Jul 2015
Posts: 72
Likes: 12
From: CA
Default

Originally Posted by supra725
it was an smoking deal.. all the bay area dealers are asking high $30k's and into the low $40k's for an 2013 thats with less option then mine..

I got it with liquid platinum with Cabernet interior..

on top of that, it came with the $4k oem forged wheels.. the 19-IN FULL-FACE FORGED ALLOY WHEELS..

The dealer I went through is Keyes Lexus in Van Nuys.
Post some pics. Especially of the wheels.
Old 11-08-15 | 05:23 PM
  #74  
supra725's Avatar
supra725
Thread Starter
Driver
 
Joined: Jan 2015
Posts: 148
Likes: 12
From: CA
Default

eye,

it is indeed certified. she gave me the paperwork with the certification and it has the sticker with it on the car..

f sport by stuntman9878@sbcglobal.net, on Flickr

f sport by stuntman9878@sbcglobal.net, on Flickr

Last edited by supra725; 11-08-15 at 05:30 PM.
Old 11-17-15 | 08:07 AM
  #75  
mjdowns's Avatar
mjdowns
Driver School Candidate
 
Joined: Jun 2002
Posts: 2
Likes: 0
From: FL
Default

Just picked up what I'm pretty sure was a price mistake in FL. 13 GS 350, Parking assist, A/C-Heated Seats as options, L-Certified 100/3year, 1 owner, fire agate pearl/black interior, high miles at 68K, for 24K asking price from Lexus dealer website. I didn't negotiate any as I didn't want them to look at the numbers closely.


Quick Reply: CPO Pricing



All times are GMT -7. The time now is 09:33 AM.