I've seen 20% current model years, but rarely from Lexus. The LS500's did go for up to 25% off in late 2018 though that was a combination of a slow seller and the new LS not being as popular as they thought.
Depending on the fee of the broker, wouldn't hurt to get more details on it because if it does end up true, that is one heck of a buy.

They've released the latest iterations of the Tahoe/Yukon/Escalade + the new Navigator, BMW X7 and GLS 450/550 aren't losing steam in terms of sales....Lexus should be worried and maybe 20% off a 2020 demo is something they'd settle for.

 

I just completed a purchase of a 2020 LX with the new sport package (and without the RSES, yay!). MSRP was just under 102k and selling price was just over 90k (including the 3k rebate.) I am very happy with the deal and to be a Lexus owner again.

It seems to be a slow time right now and deals are out there. I had been shopping for months, both for the right car and the right deal. I spoke with at least 8 dealers in the last 4 months. Many would not budge much on price. But in the last two weeks as my purchase was developing I had contact from almost all of those dealers. Some had the same story, but obviously one of them was ready to deal.

Hope this info helps and good luck out there. Joe

 

Congrats on your new LX Joe! I’m jealous!

Do you know how many New LXs arrive at dealers or a state monthly? I’ve been looking for a few months, and don’t see many new ones hitting the lots. Obviously they don’t produce many overall. I am interested in 2-3 different colors and types at the right price. Nothing in AZ matches what we want and only a few in SoCal. Tough to buy a $100k without ever seeing it.

 

Sorry, I have no insight on the supply chain. It is not uncommon to find among the dealers in the NY/NJ/PA area some that have 1 LX and others that have 7 LX.

The dealership I purchased from had only one other LX and it has been in their inventory for a few months. They had a dozen or so GX.

 

Lexus of cherry hill would work something out I have every good relationship with one of the managers there. I can refer if you are intrested,

 

They get damn few, and sell every one. If you're wanting color and equipment choices, best you could do unless you trip on one is order one from a dealer. How many the dealer can order is based on how many they can sell...sell a bunch now and you can get a larger allocation in the next model year. Dealers also trade between each other.

2019 numbers indicate Toyota imported ~4700 LX570's for the entire year...If you're flexible a bit, you could also add ~3500 or so Land Cruisers...and both numbers are for the entire YEAR. North America is not the major market for the 200 series...that's in the Middle East. You could contrast that with ~70,000 4Runners in the same year in the North American market.

 

Lexus extra care platinum and/or a prepaid maintenance plan- Are they worth it on a 2020 LX? Are the prices negotiable and differ between dealers?