Lease/Purchase Price of 2023 RX
#316
RX350h waitlist at more than 1 dealership?
I'm interested in a RX350h. Lexus dealers in NC but outside my metro area refuse to let me be on their wait list claiming that I can only have my name on the waitlist at the dealership list closest to my home address. Did anyone else experience this waiting for a 350h? 2 dealerships claimed it is an issue of allocation that Lexus is enforcing. I can be patient but it feels wrong if I'm willing to drive to another dealer who has the vehicle I want coming in first - demand is high on the 350h models in my area so dealerships won't be motivated to trade or transfer what they are allocated because they'll be able to sell them quickly.
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FMY421 (03-27-23)
#317
I didn't have that issue in Texas.
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JRey350hou (03-28-23)
#318
We paid MSRP for the 500h. We ordered ours about 4 months ago and got it about two weeks ago.
They tried to add a $750 mark up for dealer garbage and I refused. They sent us away, we got up to leave, and the manager came and stopped us and said he could remove the mark up, so we placed the deposit and did the pre order.
Dunno about now since we are seeing them roll in to dealerships, but at the time it didn't feel like we could go under MSRP.
I'm thinking over the next few months if you start seeing them on the lot, then you can probably go down to invoice.... IMHO.
They tried to add a $750 mark up for dealer garbage and I refused. They sent us away, we got up to leave, and the manager came and stopped us and said he could remove the mark up, so we placed the deposit and did the pre order.
Dunno about now since we are seeing them roll in to dealerships, but at the time it didn't feel like we could go under MSRP.
I'm thinking over the next few months if you start seeing them on the lot, then you can probably go down to invoice.... IMHO.
Seems like I’m always getting pulled backwards 2 steps after taking one positive step forward. It’s been a very frustrating experience and there’s only so many days in the week to work with. This has been the issue for the past 9 days and now it will quickly turn into two weeks. The car was allocated and completed build after 45 days but now it’s starting to feel like half of that time is being wasted on just these added delays alone. At least they’re really making sure that I have absolutely no issues upon delivery and I made sure and interacted for them to check every little thing down to the smallest screw on the vehicle. For an investment on this car alone, it has to be cherry with no compromises whatsoever.
Last edited by MrTuckers; 03-27-23 at 06:33 PM.
#319
No issue like that in Virginia. My local dealer refused to negotiate and wanted to stick me with $2900.00 of add on BS coatings. Two dealers in my state 100 miles from my home were more than happy to take my deposit and reserve an allocated car at MSRP for a 350h. The dealer I bought from even flat bedded to car to me n/c. I have heard that some dealers don't like selling to out of state customers. I guess they feel locals will use them for service. Did you try Johnson Lexus of Raleigh? They were looking for a car for me before I found my car in VA.
Also check AutoCompanion.com they have a contract for 350h @ 2% below MSRP with Pohonka Lexus. Not sure where in NC you are but that may be an option since VA and NC are neighbors. See Below:
Club Lexus,
In 2020 we launched AutoCompanion.com as a way to bring transparency to the automotive shopping experience. Experienced in a large number of brands we became the biggest volume broker on a popular leasing site and helped over 3,000 people score an amazing deal with their next car. With Lexus being a core brand we serve we would like to help the member of this forum with our knowledge and information.
Beyond just brokering we wanted to help any car buyer to Shop Smart, Shop Like a Pro!
To start pre incentive:
Knowledge is key and hopefully our state of the art calculator and this thread can help each of you understand your next new car deal with confidence!
ASK AWAY! We'll do our absolute best not to self-promote and keep it educational and fun!
Calculator.AutoCompanion.com
Complete with lender program variables to include residuals, money factor, incentives and APRs.
Also check AutoCompanion.com they have a contract for 350h @ 2% below MSRP with Pohonka Lexus. Not sure where in NC you are but that may be an option since VA and NC are neighbors. See Below:
Club Lexus,
In 2020 we launched AutoCompanion.com as a way to bring transparency to the automotive shopping experience. Experienced in a large number of brands we became the biggest volume broker on a popular leasing site and helped over 3,000 people score an amazing deal with their next car. With Lexus being a core brand we serve we would like to help the member of this forum with our knowledge and information.
Beyond just brokering we wanted to help any car buyer to Shop Smart, Shop Like a Pro!
To start pre incentive:
- 5-6% is about invoice for Lexus
- 12-13% is triple-net-zero for dealers in which they make little to no profit. Is 12-13% realistic? Of course! This was our average discount pre-incentive on all core models ins 2020-2021.
- 2023? You shouldn't be paying MSRP at all or near it on any gas model NX, RX, IS, or GX. 8% off MSRP with no back end markup or add ons is the market today.
Knowledge is key and hopefully our state of the art calculator and this thread can help each of you understand your next new car deal with confidence!
ASK AWAY! We'll do our absolute best not to self-promote and keep it educational and fun!
Calculator.AutoCompanion.com
Complete with lender program variables to include residuals, money factor, incentives and APRs.
#321
I'm interested in a RX350h. Lexus dealers in NC but outside my metro area refuse to let me be on their wait list claiming that I can only have my name on the waitlist at the dealership list closest to my home address. Did anyone else experience this waiting for a 350h? 2 dealerships claimed it is an issue of allocation that Lexus is enforcing. I can be patient but it feels wrong if I'm willing to drive to another dealer who has the vehicle I want coming in first - demand is high on the 350h models in my area so dealerships won't be motivated to trade or transfer what they are allocated because they'll be able to sell them quickly.
#322
Question for RX 500h F Sport US Spec Owners
Question for RX 500h US Spec owners only -
I'm trying to find an RX 500h (US spec) that doesn't have the power rear seat option. I don't like that the mechanism is so slow, adds no value over the manual option and is a potential point of failure long-term.
I've checked about 20 Lexus dealership websites across the USA and every 500h listed comes with power rear seats @$550 extra.
If anyone here managed to get a US spec RX 500h without power rear seats, please speak up.
I'm trying to find an RX 500h (US spec) that doesn't have the power rear seat option. I don't like that the mechanism is so slow, adds no value over the manual option and is a potential point of failure long-term.
I've checked about 20 Lexus dealership websites across the USA and every 500h listed comes with power rear seats @$550 extra.
If anyone here managed to get a US spec RX 500h without power rear seats, please speak up.
#324
Costco
Here in NC, no Costco discount off the MSRP on RX350hybrid, they offered $350 off the gas version though. The "deal" was getting it at MSRP without a "market adjustment" and small discount off front tinted windows and door edge guard and free NTG tire fill. So the addendum was $600 instead of $997 on the MSRP. You do get a 50% off parts/accessories coupon from Costco after the purchase. No rebate or cashback.
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Longevite1 (04-04-23)
#329
Who else here is sick of the "pop-up" on the Lexus.com website when you go to a dealer's webpage? Since I check inventory pretty much daily, I go to several dealer pages and the text pop-up with a female's name and picture always pops up with an audible beep noise. The pop-up usually hovers over the "search" button and must be closed before I can complete my RXh new inventory search. It's a minor inconvenience that has accumulated over the many days of searches. I do wish it could be disabled .
Josh
Josh
The following 3 users liked this post by IDLexus:
#330
Who else here is sick of the "pop-up" on the Lexus.com website when you go to a dealer's webpage? Since I check inventory pretty much daily, I go to several dealer pages and the text pop-up with a female's name and picture always pops up with an audible beep noise. The pop-up usually hovers over the "search" button and must be closed before I can complete my RXh new inventory search. It's a minor inconvenience that has accumulated over the many days of searches. I do wish it could be disabled .
Josh
Josh