RX - 5th Gen (2023-present) Discussion topics related to the 2023 and up RX models

2024 Price/Lease Thread

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Old 05-13-24, 07:14 AM
  #211  
azmojo
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Originally Posted by MountainLexus
I would love to get some advice on how to get the lease buy out cost as low as possible so we can pay cash asap.

Some more details.
1. $12,850 Cash rebate incentive.
2. I will have $5,000 tax credit from Colorado. 2024 tax return.

Thanks again....
I would start here: https://leasehackr.com/
Old 05-13-24, 09:30 PM
  #212  
kl323
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What's the going discount for a RX500h. I'm in the northeast.

I've seen discounts ranging from 0 - 2000 off MSRP.

Further up New England and down the east coast, I see as high as 3k off posted on the website.

In the process of looking for a car, so I'm curious what kind of discounts people are getting!
Old 05-14-24, 07:50 AM
  #213  
mikemu30
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Originally Posted by kl323
What's the going discount for a RX500h. I'm in the northeast.

I've seen discounts ranging from 0 - 2000 off MSRP.

Further up New England and down the east coast, I see as high as 3k off posted on the website.

In the process of looking for a car, so I'm curious what kind of discounts people are getting!
Dealer by me advertising $3K off on $74K MSRP. I have to believe you can walk in there today and buy it for roughly $6K off.
Old 05-14-24, 08:28 AM
  #214  
kl323
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Originally Posted by mikemu30
Dealer by me advertising $3K off on $74K MSRP. I have to believe you can walk in there today and buy it for roughly $6K off.
got a call back offering 4k off without saying anything.

maybe counter with 6k and say I’ll drive over ASAP


is there anyway to look up invoice pricing? Edmund isn’t working. It’s only showing 2023
Old 05-14-24, 10:29 PM
  #215  
charles267
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Originally Posted by GeneralKlinger
I won't disclose the dealership publicly, because they're unlikely to discount that much again. However, they WILL give you under MSRP all day long.

MSRP: $75,860
Price Adjustment: -$7,212
Agreed Total Selling Price: $68,468 (includes a $1K Prepaid Maintenance plan)

Base Monthly Payment: $969
Money Down: $0 DAS
Term: 36 months
Mileage: 7.5k/yr
Money Factor: 0.00319
Adjusted Cap Cost: $65,640

I already canceled the $1K prepaid plan once my Lexus account was loaded. Just waiting until I get my plates and registration before buying it out. I spoke with Lexus Financial yesterday and was told I should wait so I don't risk any complications due to the DMV paperwork still being processed.

The monthly lease amount isn't great, however I was working on lowering the cap cost (i.e the buyout amount) since I knew we'd be owning it in under 45 days.

I live in NJ, dealership was in CT.
Which model and trim is this for?
Old 05-15-24, 05:29 AM
  #216  
kl323
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Originally Posted by charles267
Which model and trim is this for?
My guess - Rx450h+

Or please tell me it’s a 500h because that’s what I’m looking for now!!
Old 05-15-24, 09:01 AM
  #217  
mikemu30
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Originally Posted by kl323
got a call back offering 4k off without saying anything.

maybe counter with 6k and say I’ll drive over ASAP


is there anyway to look up invoice pricing? Edmund isn’t working. It’s only showing 2023
Try KBB but 23 and 24 are pretty much unchanged I'm guessing. This is a pretty loaded 500h:



Last edited by mikemu30; 05-15-24 at 09:10 AM.
Old 05-16-24, 06:52 PM
  #218  
jbpadgett
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What kind of prices are people getting for the RX350 premium or premium +? My wife has a 2017 RX350 with about 90k miles we are wanting to trade before crossing the 100k mark. I'm honestly not sure the main difference between the premium and premium plus besides leather and the bigger screen but seems that the screen can be added. We live in GA so have a 7% sales tax.
Old 05-17-24, 05:25 AM
  #219  
esy8c
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Originally Posted by jbpadgett
What kind of prices are people getting for the RX350 premium or premium +? My wife has a 2017 RX350 with about 90k miles we are wanting to trade before crossing the 100k mark. I'm honestly not sure the main difference between the premium and premium plus besides leather and the bigger screen but seems that the screen can be added. We live in GA so have a 7% sales tax.


this is what I was offered for a premium plus yesterday (trading in 2017 NX200t with 67K miles). Not sure if it’s a good deal though since I’ve read others are getting 10% off MSRP

Last edited by esy8c; 05-17-24 at 05:29 AM.
Old 05-18-24, 07:56 AM
  #220  
mikemu30
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Originally Posted by jbpadgett
What kind of prices are people getting for the RX350 premium or premium +? My wife has a 2017 RX350 with about 90k miles we are wanting to trade before crossing the 100k mark. I'm honestly not sure the main difference between the premium and premium plus besides leather and the bigger screen but seems that the screen can be added. We live in GA so have a 7% sales tax.
Premium + adds 14" screen, leather seating surfaces ambient lighting to name a few. We recently traded our 2017 RX as well with also close to 90k miles. Bought the 350h Premium +. $63k msrp purchased for 60.5 and $18k on the trade.
Old 05-18-24, 08:18 AM
  #221  
jbpadgett
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Originally Posted by mikemu30
Premium + adds 14" screen, leather seating surfaces ambient lighting to name a few. We recently traded our 2017 RX as well with also close to 90k miles. Bought the 350h Premium +. $63k msrp purchased for 60.5 and $18k on the trade.
So you were able to get them 2,500 off MSRP ? That's a great deal. If I could get the exact package with trade and 10k down and finance 30k I would feel like I received a good deal.
Old 05-18-24, 08:32 AM
  #222  
mikemu30
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Originally Posted by jbpadgett
So you were able to get them 2,500 off MSRP ? That's a great deal. If I could get the exact package with trade and 10k down and finance 30k I would feel like I received a good deal.
Yes despite the fact that they initially said no haggling on a hybrid and especially on one that wasn't in stock. We took delivery roughly a month after signing.
Old 05-20-24, 07:13 AM
  #223  
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Just picked up my 2024 RX350H Luxury. I will say that I was eligible for the employee discount since my nephew works for Toyota. Here is the deal I got. The MSRP was $67,930 and after the discount it was $58,066 which ended up being $9,864 off MSRP. I know this isn't a deal anyone can get but it does give you an idea on how much markup are in these vehicles.


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Old 05-20-24, 08:23 AM
  #224  
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Congrats on the great ride and the discount! Cheers
Old 05-20-24, 09:41 AM
  #225  
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Originally Posted by Ironhead
Just picked up my 2024 RX350H Luxury. I will say that I was eligible for the employee discount since my nephew works for Toyota. Here is the deal I got. The MSRP was $67,930 and after the discount it was $58,066 which ended up being $9,864 off MSRP. I know this isn't a deal anyone can get but it does give you an idea on how much markup are in these vehicles.

Wowsers - even on a hybrid Looks like they sacrificed their holdback and more on this deal.

Last edited by mikemu30; 05-20-24 at 10:00 AM.


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