Purchase price of 2022 RX350/RX450h
08-21-22 | 07:55 AM
#301
Rookie
Joined: Jan 2022
Posts: 30
Likes: 6
From: NJ
There was one poster recently that said he got a huge discount but no confirmation from anyone here. He did list the dealership but nobody has come back with follow up info. Would have been better is he had listed the exact salesperson because I personally doubt the authenticity of the claim. I think pretty much anyone here will agree that MSRP with no crazy adds like Nitrogen in the tires is a decent deal currently. We may see some give when the 23’s actually come out but not until 5hen IMO. I bought my 2019 when the 20’s were released and got $10K off but when I contacted my dealership recently they just laughed, not unkindly and said not in 5his market. I told 5hem to call me when 5hey are ready to deal again. I’m not holding my breath. Read an article just yesterday where they were talking about the chip shortage not easing until later next year and used vehicle pricing is not expected to drop drastically until new inventory is readily available.
The auto market is definitely turning.
Albeit, more gradually for Lexus
08-21-22 | 08:44 AM
#302
Intermediate
Joined: Oct 2009
Posts: 407
Likes: 120
From: NC
Maybe “doubt” was too strong of a word but I do find it interesting 5hat nobody has reported back that 5hey contacted 5hat dealer and were able to get the same kind of deal. We’re you able to get that kind of deal from the same dealer? The used vehicle market is indeed starting to soften but we are definitely a long way off from any fire sales. Everyone needs to know that the dealers control the used vehicle market the same way they control 5he new vehicle market. Lease turn ins and rental car inventory used to be major influencers of auction prices. Not nearly as much anymore. The chip shortage is going to have to ease dramatically before we see mass fleet turn ins and dealers and owners not keeping individual lease turn ins. Personally I think we will see a slow decline over the next year two to keep the used market from collapsing.
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brook41 (08-21-22)
08-21-22 | 11:11 AM
#304
Intermediate
Joined: Oct 2009
Posts: 407
Likes: 120
From: NC
.LOL. Using my iPad with these stubby fingers of mine! The “t” and “5” are the same key on the keyboard I am using. On the keyboard if I pull down I get the 5 in place of the t. Must be the angle I’m attacking at! Will try and improve.
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ravenuer (08-21-22)
08-22-22 | 06:32 PM
#307
Instructor
Joined: Dec 2019
Posts: 1,142
Likes: 547
From: Kentucky
08-22-22 | 06:45 PM
#308
Instructor
Joined: Dec 2019
Posts: 1,142
Likes: 547
From: Kentucky
I think pretty much anyone here will agree that MSRP with no crazy adds like Nitrogen in the tires is a decent deal currently.
I bought my 2019 when the 20’s were released and got $10K off but when I contacted my dealership recently they just laughed, not unkindly and said not in 5his market. I told 5hem to call me when 5hey are ready to deal again. I’m not holding my breath. Read an article just yesterday where they were talking about the chip shortage not easing until later next year and used vehicle pricing is not expected to drop drastically until new inventory is readily available.
I bought my 2019 when the 20’s were released and got $10K off but when I contacted my dealership recently they just laughed, not unkindly and said not in 5his market. I told 5hem to call me when 5hey are ready to deal again. I’m not holding my breath. Read an article just yesterday where they were talking about the chip shortage not easing until later next year and used vehicle pricing is not expected to drop drastically until new inventory is readily available.
08-24-22 | 09:04 AM
#311
Intermediate
Joined: Oct 2009
Posts: 407
Likes: 120
From: NC
08-27-22 | 09:31 AM
#313
Driver School Candidate
Joined: Feb 2015
Posts: 22
Likes: 13
From: Virginia
The local dealers in VA and D.C. are selling 4,500 above MRSP for a 450L as a ‘market condition’ AND they are adding over 4K in dealer installed options. Which is obviously 9K above MRSP.
anyine else experiencing this as well? It seems like a total rip-off and with interest rates rising, you would think the prices would start to drop or that I least have some bargaining power? Should I look at a non hybrid RX? I really want the 6 banger before they stop making it. Then when I am ready in 10 years, a full EV.
I currently have a rx350 third gen with low miles and well maintained. I want to keep and pick up a hybrid. I just don’t want to be gouged in price.
anyine else experiencing this as well? It seems like a total rip-off and with interest rates rising, you would think the prices would start to drop or that I least have some bargaining power? Should I look at a non hybrid RX? I really want the 6 banger before they stop making it. Then when I am ready in 10 years, a full EV.
I currently have a rx350 third gen with low miles and well maintained. I want to keep and pick up a hybrid. I just don’t want to be gouged in price.
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UltraLux22 (08-27-22)
08-27-22 | 09:49 AM
#314
Instructor
Joined: Aug 2010
Posts: 823
Likes: 135
From: AZ
The local dealers in VA and D.C. are selling 4,500 above MRSP for a 450L as a ‘market condition’ AND they are adding over 4K in dealer installed options. Which is obviously 9K above MRSP.
anyine else experiencing this as well? It seems like a total rip-off and with interest rates rising, you would think the prices would start to drop or that I least have some bargaining power? Should I look at a non hybrid RX? I really want the 6 banger before they stop making it. Then when I am ready in 10 years, a full EV.
I currently have a rx350 third gen with low miles and well maintained. I want to keep and pick up a hybrid. I just don’t want to be gouged in price.
anyine else experiencing this as well? It seems like a total rip-off and with interest rates rising, you would think the prices would start to drop or that I least have some bargaining power? Should I look at a non hybrid RX? I really want the 6 banger before they stop making it. Then when I am ready in 10 years, a full EV.
I currently have a rx350 third gen with low miles and well maintained. I want to keep and pick up a hybrid. I just don’t want to be gouged in price.
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UltraLux22 (08-27-22)
08-27-22 | 12:27 PM
#315
Intermediate
Joined: Oct 2009
Posts: 407
Likes: 120
From: NC
The local dealers in VA and D.C. are selling 4,500 above MRSP for a 450L as a ‘market condition’ AND they are adding over 4K in dealer installed options. Which is obviously 9K above MRSP.
anyine else experiencing this as well? It seems like a total rip-off and with interest rates rising, you would think the prices would start to drop or that I least have some bargaining power? Should I look at a non hybrid RX? I really want the 6 banger before they stop making it. Then when I am ready in 10 years, a full EV.
I currently have a rx350 third gen with low miles and well maintained. I want to keep and pick up a hybrid. I just don’t want to be gouged in price.
anyine else experiencing this as well? It seems like a total rip-off and with interest rates rising, you would think the prices would start to drop or that I least have some bargaining power? Should I look at a non hybrid RX? I really want the 6 banger before they stop making it. Then when I am ready in 10 years, a full EV.
I currently have a rx350 third gen with low miles and well maintained. I want to keep and pick up a hybrid. I just don’t want to be gouged in price.
The following 2 users liked this post by lgb0250:
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