"Sales of the Lexus GS were also down 40.6 percent to 1,524 units."
04-04-16, 05:01 PM
#61
Originally Posted by jtrue28 View Post
I reached out to 5 (five) dealers in early March to get a "deal" on a GS. They ALL brushed me off and offered me $900/month leases for 36 months. Oh well, I guess. Sooner or later they'll start coming down from their high horse.
Hopefully these sales numbers burn them all. You know Lexus corporate is not happy.
Although maybe it is a inventory issue...in which case my rant is null and void.
I reached out to 5 (five) dealers in early March to get a "deal" on a GS. They ALL brushed me off and offered me $900/month leases for 36 months. Oh well, I guess. Sooner or later they'll start coming down from their high horse.
Hopefully these sales numbers burn them all. You know Lexus corporate is not happy.
Although maybe it is a inventory issue...in which case my rant is null and void.
04-04-16, 05:22 PM
#62
Lexus Fanatic
FYI my LS is $950 with not only nothing down, but $4k in negative equity rolled in from my GS.
04-04-16, 08:30 PM
#63
Pole Position
Thread Starter
I love haggling. I don't consider having a good deal unless the dealer loses patience with me and flat out shows me the door. Most ppl hate it because they can't handle the pressure and don't know their numbers. That's where dealers make their profits, while hating having to deal with someone like me.
04-04-16, 08:55 PM
#64
900 bucks for a s class? what is the msrp? i would like to know more details. most of the s class i see here are 106-110k and lease doesn't get below 1100. even when they were blowing out 2015 i think it was around 1000. all with 0 down
04-05-16, 11:21 AM
#65
Lead Lap
Just got a call from one of the dealers I contacted last month. Apparently the "numbers have changed drastically"... I haven't called her back, but GS rates must have tanked.... Just an FYI. I'll report back with what she tells me.
March quote for me on an F-Sport MSRP of $59,250, with $0 down, 36 months, 10k miles was like $900/month.
We'll see how much it changed...
UPDATE
Down to a WHOPPING "low 700s"....
The rates haven't changed much. I'm not biting for anything more than 600.
March quote for me on an F-Sport MSRP of $59,250, with $0 down, 36 months, 10k miles was like $900/month.
We'll see how much it changed...
UPDATE
Down to a WHOPPING "low 700s"....
The rates haven't changed much. I'm not biting for anything more than 600.
Last edited by jtrue28; 04-05-16 at 11:43 AM.
04-05-16, 11:44 AM
#66
Pole Position
Thread Starter
04-05-16, 11:55 AM
#67
Lead Lap
I need to update that. The quote was actually for 7,500 miles, and $836/month, 36 months, 0 down.
I still have 8 or 9 months on my lease, so I've told them..."I'll just wait" The rates will come down eventually. I have time.
I still have 8 or 9 months on my lease, so I've told them..."I'll just wait" The rates will come down eventually. I have time.
04-05-16, 12:07 PM
#68
Lexus Fanatic
04-05-16, 12:19 PM
#69
Lead Lap
I agree. I'm not having as much luck as the guys on the West coast who got an F-Sport with the same MSRP for like 565....0 down, 10,000 miles , 36 months.
That is the deal I want... I would pull the trigger right now. Even quicker trigger if they actually had USB 2.0...
That is the deal I want... I would pull the trigger right now. Even quicker trigger if they actually had USB 2.0...
04-05-16, 01:39 PM
#70
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In March they had a finance incentive of $750 whats the incentive for this month?
04-05-16, 02:59 PM
#71
Lead Lap
Are "Finance Incentives" the same for leases? They were doing first month complimentary...up to $850...
04-06-16, 02:03 PM
#73
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It's possible the leases aren't as good as they used to be because GS residuals aren't holding up? So a few years ago they could offer 54% as a residual after 3 years ,and now they are having to go lower.
Or they're not subsidizing the GS350 leases thinking the lower price point of the GS200t will take care of it.
Or they're not subsidizing the GS350 leases thinking the lower price point of the GS200t will take care of it.
04-06-16, 02:16 PM
#74
Lexus Fanatic
They were offering 58-60% residuals after 3 years...54 would be low.
It's because there's no lease cash and no special money factor. They were doing .0007 MFs, 58% residuals and $3000 in lease cash. Of course the leases were low.
It's because there's no lease cash and no special money factor. They were doing .0007 MFs, 58% residuals and $3000 in lease cash. Of course the leases were low.