LC500 Deals can be had!
09-07-23 | 03:17 PM
#1
Thread Starter
Instructor
Joined: Aug 2010
Posts: 827
Likes: 136
From: AZ
LC500 Deals can be had!
Just got an email from my local Lexus Dealers (Bell Lexus & Arrowhead Lexus) that they are offering $5k off MSRP and 50% off of accessories. The economy is slowing down it seems...
09-07-23 | 05:57 PM
#4
Driver School Candidate
Joined: Apr 2003
Posts: 15
Likes: 3
From: California
In the SOCAL, CA market, 2023 LC’s are selling for up to 10K off the MSRP. Factory to dealer cash is $4400 and the net mark up is ~ 7 points and with the dealer holdback of 3 points results is ~ 10 points of gross margin.
if a dealer sells the car for ~ 10K off the MSRP they will still have a margin of ~ $4.4K
In most instances, the dealers gets the holdback amount to sell the 23’s so the factory can allocate the 24’s to the dealers.
if a dealer sells the car for ~ 10K off the MSRP they will still have a margin of ~ $4.4K
In most instances, the dealers gets the holdback amount to sell the 23’s so the factory can allocate the 24’s to the dealers.
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