How much discount should I ask for on a 2010?
#16
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G Man:
Don't forget that some decisions are based on a time window and the need at times ends up costing more.
Vehicles are more than machines to serve people. If they were simply a mode of transportation and we did the right financial decision, no one would buy a new car let alone a new model and maybe not even a Lexus.
Salim
Don't forget that some decisions are based on a time window and the need at times ends up costing more.
Vehicles are more than machines to serve people. If they were simply a mode of transportation and we did the right financial decision, no one would buy a new car let alone a new model and maybe not even a Lexus.
Salim
#17
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Kalvano, you work for a Lexus dealer, you can do the math as to how I got the number $6000. As I said earlier, Lexus dealer will try to get MSRP while supplies are short on the new RX. That wouldnt last long, before the end of the year, the new RX will be selling close to invoice. Thats a $5000 savings for waiting 9 or 10 months. People who buy now just dont care about money or they just have to have the lastest and greatest as soon as they can. Little do they know, they are actually paying more for a car that will have more problems due to the brand new re-design. Lexus being as good as they are still have re-design issues, the smart buyers usually wait a while and let Lexus work out the bugs first.
I see you have found kalvano.
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Hmmm...seems that after questioning me in the other thread, that you admit here that it will take until at least the end of the year for '10 RX pricing to get to near invoice. That seems to be a long time away.
Where are the facts to back up your statements about why a person would buy a new car or issues with first year model Lexus'?
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Did you consider that some people might need a new vehicle right now? What about those people that are coming out of leases and need a replacement vehicle? The depreciation on an '09 will be brutal as it is in all last model year vehicles. The '10 has more to offer, why wouldn't you get it?
And where are your stats to support the new '10 RX having more problems?
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Why will the '10 RX be so much worse?
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#18
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One year to get down to invoice picing is actually pretty bad for a 1st year re-design. Similar SUV such as the 01 MDX took about 4 years to get down to invoice pricing.
#19
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If the economy is showing signs of recovery by Q3 or Q4 this year, Lexus will likely hold off on lowering their prices. This is the kind of economic speculation and forecasting that even experts have been failing at.
Your MDX comparison doesn't really work. By the time pricing came down (which was during an economic upswing) it was an old version, with a new one in the works. Kinda the same as the '09 RX...just the current pricing was/is compounded by the struggling economy.
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We're both entitled to our opinion but I wouldn't hold my breath on invoicing pricing for the new RX any time soon. Keep in mind, it is the number one selling vehicle in it's segment.
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#20
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#21
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We'll see. Lexus traditionally has not been very aggressive with pricing or incentives. The uncertainty of the current economy may force them to take a different approach.
If the economy is showing signs of recovery by Q3 or Q4 this year, Lexus will likely hold off on lowering their prices. This is the kind of economic speculation and forecasting that even experts have been failing at.
Your MDX comparison doesn't really work. By the time pricing came down (which was during an economic upswing) it was an old version, with a new one in the works. Kinda the same as the '09 RX...just the current pricing was/is compounded by the struggling economy.![Uhh...](https://www.clublexus.com/forums/images/smilies/1387914497.gif)
We're both entitled to our opinion but I wouldn't hold my breath on invoicing pricing for the new RX any time soon. Keep in mind, it is the number one selling vehicle in it's segment.![Wink](https://www.clublexus.com/forums/images/smilies/wink.gif)
If the economy is showing signs of recovery by Q3 or Q4 this year, Lexus will likely hold off on lowering their prices. This is the kind of economic speculation and forecasting that even experts have been failing at.
Your MDX comparison doesn't really work. By the time pricing came down (which was during an economic upswing) it was an old version, with a new one in the works. Kinda the same as the '09 RX...just the current pricing was/is compounded by the struggling economy.
![Uhh...](https://www.clublexus.com/forums/images/smilies/1387914497.gif)
We're both entitled to our opinion but I wouldn't hold my breath on invoicing pricing for the new RX any time soon. Keep in mind, it is the number one selling vehicle in it's segment.
![Wink](https://www.clublexus.com/forums/images/smilies/wink.gif)
I believe we can compare the 01 MDX with the RX330. The RX330 sold at MSRP maybe for the 1 st year or a year and a half, compare to the MDX which had a much longer run.
The RX is the number one selling entry level SUV, but with the new price increase, it doesnt fit into that catagory anymore. The other factor is that even demand is high for the new RX, Lexus makes too many RX. In 6 months, the dealer will have a pretty good stock on their lot and will start to give discounts. Remember, everyday a new car sits in the dealer's lot, it money out of their pocket.
#22
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^^ the business model of dealers is quite different ... they do not buy the vehicle from manufacturer to sell it to end user. So a vehicle sitting on their lot is not costing them that much. For sure the dealer makes money on every sale, so they are motivated to sell.
The loss if any is the profit they want to make to cover more than their overhead.
Salim
The loss if any is the profit they want to make to cover more than their overhead.
Salim
#23
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The US 2010 RX350 will be less than the 2009, and yet here in Canada we are paying for a price increase?
Am I missing something obvious or what gives? Are we being mocked here north of the border just because our economy is very slightly better than how it is right now in the U.S. ???
Am I missing something obvious or what gives? Are we being mocked here north of the border just because our economy is very slightly better than how it is right now in the U.S. ???
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#24
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^^ the business model of dealers is quite different ... they do not buy the vehicle from manufacturer to sell it to end user. So a vehicle sitting on their lot is not costing them that much. For sure the dealer makes money on every sale, so they are motivated to sell.
The loss if any is the profit they want to make to cover more than their overhead.
Salim
The loss if any is the profit they want to make to cover more than their overhead.
Salim
#25
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Correct Gman, now if the dealer is selling things based on wait list then they have no incentive to lower their profit. The whole setup is not simple as there are volume based incentives and Toyota/Lexus also works on allocation (so each dealer may only like to prefer selling premium models)
Back to the point in question ... the dealers will deal based on what the buyers are going to do. If all buyers decide to wait it out for a better deal, the dealers may drop prices. Historically it takes some months.
Salim
Back to the point in question ... the dealers will deal based on what the buyers are going to do. If all buyers decide to wait it out for a better deal, the dealers may drop prices. Historically it takes some months.
Salim
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