GX - 1st Gen (2003-2009) Discussion topics related to the 2003 -2009 GX470 models

Is this a good deal on 2005?

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Old 02-09-05, 08:56 AM
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lexusdr
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Talking Is this a good deal on 2005?

Hi all,
Got quote on a 2005 Blizzard Pearl, nav, dvd, etc. 2 questions please:
1)is $47,300 good?
2)what is a Rosen DVD player? Will it integrate seamlessly?

Thanks all. Hope to join the club soon.

Mike
Old 02-09-05, 09:01 AM
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DSW
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You need to be more specific about the optoional equipment before anyone can give you an accurate answer.
Old 02-09-05, 09:11 AM
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lexusdr
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It's loaded. Has nav, rosen dvd, 3rd row seat, rear spoiler.
Old 02-09-05, 09:59 AM
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darylhuff
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Originally Posted by lexusdr
Hi all,
Got quote on a 2005 Blizzard Pearl, nav, dvd, etc. 2 questions please:
1)is $47,300 good?
2)what is a Rosen DVD player? Will it integrate seamlessly?
Go to http://www.kbb.com and http://www.edmunds.com and run the numbers with the options you're looking at. If this isn't a sports model you shouldn't be paying more than $2000 over dealer invoice (note this is not MSRP). If it's a sports model you should be getting at least $2000 below MSRP.
Old 02-09-05, 10:07 AM
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silver_rx3
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I would avoid the Rosen DVD player like the plauge. It is wal-mart quality. If you give me the option codes I can tell you what kind of deal your getting. (I work at a store)

Silver RX3
Old 02-09-05, 10:41 AM
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lexusdr
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I can also get the exact same package from another dealer except dvd is lexus made. they want essentially the same, $47,400
You guys don't seem to enthused on this deal.
Mike
Old 02-09-05, 02:00 PM
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bunka
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After-market DVD players in a GX470 ? Dealer tried to sell me on the idea as well (They make more $'s if they can get you to bite).They do not integrate with the NAVI screen. Aren't covered by the dealer but rather a 3rd-party outfit. I'd pass...

As a point of reference mine DOES have the factory RSES option and NAVI. I paid $46,409. I bought mine in December. Mine is a 2004.

Last edited by bunka; 02-09-05 at 05:39 PM.
Old 02-09-05, 03:58 PM
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Originally Posted by lexusdr
I can also get the exact same package from another dealer except dvd is lexus made. they want essentially the same, $47,400
You guys don't seem to enthused on this deal.
Mike
It's probably cause you got a better deal then most of the members here, 47,400 sounds sweet, my dealer has loaded GX with a sticker price of 53k and the lowest they will go is 1500 above invoice so Im still looking at paying 49-50

Sounds good especially since, well my area dealers sell the trucks fast so it's not like they sit around and you can wheel and deal, it this price or that guys gonna buy it
Old 02-09-05, 04:01 PM
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If this isn't a sports model you shouldn't be paying more than $2000 over dealer invoice (note this is not MSRP). If it's a sports model you should be getting at least $2000 below MSRP.[/QUOTE]

Since the GX470 have about a $4000 price increase from invoice to MSRP, either way your paying the same thing.
Old 02-10-05, 05:25 AM
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I do not like the OE DVD b/c it is only 7". Rosen is one of the best aftermarket DVD's. I got a Rosen A10 (10 inch screen) which has a lifetime warrantee. I am very happy with it. Although it was not directly connected to the head unit, it is bigger and has better picture than the OE.
Old 02-10-05, 09:37 AM
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darylhuff
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Originally Posted by EDGE2
Since the GX470 have about a $4000 price increase from invoice to MSRP, either way your paying the same thing.
Where did you find that information? My 05 sports model with almost all the options had a MSRP of $56,081 and an invoice of $48,048. That's a spread of $8033. Even the base price of the car has a spread of $5953 ($45,775 vs $39,822), and that is with no options which typically have a much higher % markup than the base price. In the case of Lexus, the spread between invoice and MSRP is about 15% on the base price, and about 25% on the options.

Of course there is an additional 2% "Dealer Holdback" that the Lexus dealer makes on top of the spread between invoice and the price they acually sell the car. (http://www.carsmart.com/content/rese...cle/aid/137568) That's 2% of the MSRP of the car. This money gets "refunded" to the dealer by Lexus (really Toyota) after the sale. Taking my hypothetical car and suggestion of purchase price that means the dealer would make the following on the transaction:

($56,081 - $2000 - $48,048) + ($56,081 * .02) = $7155

That's obviously way above the services actually rendered to me and the dealership's cost of doing business, but if you really want the car just close your eyes and write the check.

Folks, do your research and run the numbers before you buy your car. You'll be able to deal much more effectively and with more confidence if you realize how much the dealer is going to make on the sale of the car under negotiation. They could sell you the car at invoice and still manage to keep the lights on.
Old 02-10-05, 02:09 PM
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Originally Posted by darylhuff
Where did you find that information? My 05 sports model with almost all the options had a MSRP of $56,081 and an invoice of $48,048. That's a spread of $8033. Even the base price of the car has a spread of $5953 ($45,775 vs $39,822), and that is with no options which typically have a much higher % markup than the base price. In the case of Lexus, the spread between invoice and MSRP is about 15% on the base price, and about 25% on the options.

Of course there is an additional 2% "Dealer Holdback" that the Lexus dealer makes on top of the spread between invoice and the price they acually sell the car. (http://www.carsmart.com/content/rese...cle/aid/137568) That's 2% of the MSRP of the car. This money gets "refunded" to the dealer by Lexus (really Toyota) after the sale. Taking my hypothetical car and suggestion of purchase price that means the dealer would make the following on the transaction:

($56,081 - $2000 - $48,048) + ($56,081 * .02) = $7155

That's obviously way above the services actually rendered to me and the dealership's cost of doing business, but if you really want the car just close your eyes and write the check.

Folks, do your research and run the numbers before you buy your car. You'll be able to deal much more effectively and with more confidence if you realize how much the dealer is going to make on the sale of the car under negotiation. They could sell you the car at invoice and still manage to keep the lights on.

Daryl - I think he was referrring to "Street price" differences. An analysis was done on this board back in December. At that time comparing the exact same equipment on identical models, the spread was $4,000. For example, my 04 with everyhting but KDSS was $46,409. The best anyone could do on an 05 with everything but KDSS at the time was $50,600 (or about a $4,000 spread). Since neith of these had sport, it was an easy and valuable comparison.
Old 02-10-05, 04:17 PM
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darylhuff
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Originally Posted by bunka
Daryl - I think he was referrring to "Street price" differences. An analysis was done on this board back in December. At that time comparing the exact same equipment on identical models, the spread was $4,000. For example, my 04 with everyhting but KDSS was $46,409. The best anyone could do on an 05 with everything but KDSS at the time was $50,600 (or about a $4,000 spread). Since neith of these had sport, it was an easy and valuable comparison.
OK, but now that we're dealing with just 05 models, $2000 below MSRP is not the same thing as $2000 over invoice.
Old 02-10-05, 04:21 PM
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My friend just got a 05 GX 470 for $47,600 with navigation, 3rd seat and no dvd though. at Rally Lexus.
Old 02-10-05, 07:50 PM
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Originally Posted by darylhuff
OK, but now that we're dealing with just 05 models, $2000 below MSRP is not the same thing as $2000 over invoice.
You are correct. A number of posters have been "mislead" in their computations. When I called a guy on his "$2K over invoice" price back in Dec, he stated that the DEALER told him it was $2K over invoice. In the end, he admitted that he had not really checked the "true" invoice price. You have to take what you read on these sites with a grain of salt. Some of these guys could be 15 year olds simply pretending.... Think about it and use common sense. No point getting into a heated debate with a teenager (It happens ALL the time over on the Acura TL Forum)...


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