Lexus Will Give You $5,000 If You Buy an LC This Month
07-16-18 | 08:12 AM
#1
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From: Houston, Texas
Lexus Will Give You $5,000 If You Buy an LC This Month
http://www.thedrive.com/news/22182/l...-lc-this-month
Those in the market for a luxury coupe can expect to save few bucks if they go the Lexus route and snag themselves an LC by the end of this month.
Discovered by the folks over at CarsDirect, Lexus is apparently offering a $5,000 cash discount on the LC coupe until the end of July. Those looking to lease are eligible for a $4,000 deduction. This being an unadvertised dealer incentive, whether or not it's offered to the customer is at the discretion of the dealer.
With the LC 500 and its LC 500h hybrid variant starting at $92,000 and $96,510, respectively, the deal represents an approximate 5 percent discount. It's not exactly door-crashing stuff, but perhaps it's enough to get buyers who were previously on the fence into a Lexus this summer.
Taking a peek at parent company Toyota's most recent sales report, LC sales have indeed appeared to have slowed down. In the month of June, Lexus moved just 161 LCs. In the same month last year, the company sold 423.
The LC 500 is powered by a 471-horsepower, 5.0-liter, naturally-aspirated V-8—one of the last of its kind. The LC 500h, meanwhile, comes with a 3.5-liter V-6 coupled to an EV-mode-enabled electric motor making 354 combined horsepower. A 620-horsepower, turbocharged LC F is also said to be in the works.
When The Drive's Kyle Cheromcha drove the 500 earlier this year, he called it, among other things, "an amazing machine, a triumph of futurism, and a testament to progress." I think we can add "a pretty decent deal" to that list of descriptors...until the end of the month, at least
Discovered by the folks over at CarsDirect, Lexus is apparently offering a $5,000 cash discount on the LC coupe until the end of July. Those looking to lease are eligible for a $4,000 deduction. This being an unadvertised dealer incentive, whether or not it's offered to the customer is at the discretion of the dealer.
With the LC 500 and its LC 500h hybrid variant starting at $92,000 and $96,510, respectively, the deal represents an approximate 5 percent discount. It's not exactly door-crashing stuff, but perhaps it's enough to get buyers who were previously on the fence into a Lexus this summer.
Taking a peek at parent company Toyota's most recent sales report, LC sales have indeed appeared to have slowed down. In the month of June, Lexus moved just 161 LCs. In the same month last year, the company sold 423.
The LC 500 is powered by a 471-horsepower, 5.0-liter, naturally-aspirated V-8—one of the last of its kind. The LC 500h, meanwhile, comes with a 3.5-liter V-6 coupled to an EV-mode-enabled electric motor making 354 combined horsepower. A 620-horsepower, turbocharged LC F is also said to be in the works.
When The Drive's Kyle Cheromcha drove the 500 earlier this year, he called it, among other things, "an amazing machine, a triumph of futurism, and a testament to progress." I think we can add "a pretty decent deal" to that list of descriptors...until the end of the month, at least
08-09-18 | 06:26 PM
#5
10th Gear
Joined: May 2018
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From: PA
I don't have a confirmation from a dealer but if you use the Costco auto search tool and configure an LC 500, which you can do without being a member, there is a note in the rebate & incentives section that says "Manufacturer to Dealer $5000 Cash to Dealer Valid 8/1/2018 - 9/4/2018." So it seems like it has been extended through Labor Day.
08-09-18 | 06:37 PM
#6
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From: CA
I don't have a confirmation from a dealer but if you use the Costco auto search tool and configure an LC 500, which you can do without being a member, there is a note in the rebate & incentives section that says "Manufacturer to Dealer $5000 Cash to Dealer Valid 8/1/2018 - 9/4/2018." So it seems like it has been extended through Labor Day.
08-10-18 | 01:47 PM
#7
10th Gear
Joined: May 2018
Posts: 14
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From: PA
JDR76 and pL86 thanks to you both for your posts. I am a Costco member so will investigate further. Had a bad experience with local dealer yesterday. They had advertised a new LC500h on their website, get there and turns out it is used with 4K miles and they are still quoting me the full MSRP price on it. Ajay
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08-15-18 | 01:55 PM
#10
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From: WA
08-15-18 | 03:17 PM
#11
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signdetres (10-14-18)
08-15-18 | 05:04 PM
#12
Yea you're gong completely against the grain on this one buddy. The LC is known specifically for its good looks and especially at the 100k price range, nothing looks nearly as good.
08-15-18 | 06:15 PM
#13
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Joined: Jul 2010
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From: NY
Ummm no. If anything, it was selling on styling alone. For $100k, looks will only get you so far when everyone else is pretty much blowing you out of the water in power and performance at the same or slightly higher price point.
08-15-18 | 06:16 PM
#14
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From: NY
08-17-18 | 10:17 AM
#15
That's why there's 31 flavors (of course there's definitely more) of ice cream. That's ok. Not everyone likes sherbet, neapolitan , or plain ' ol vanilla 
For the sake of conversation, which one do you like better than the LC in this V8 coupe category?
If they advertised it as "new" and it turns out to be used, that's false advertisement.
Which dealer was this?
JDR76 and pL86 thanks to you both for your posts. I am a Costco member so will investigate further. Had a bad experience with local dealer yesterday. They had advertised a new LC500h on their website, get there and turns out it is used with 4K miles and they are still quoting me the full MSRP price on it. Ajay
Which dealer was this?