Are there any discounts on Lexus

[YipMan_Style]

The "rich" people I know don't want to tell me how much discounts they got when purchasing a new high end car. Like it makes them look cheap.

All I see are special lease rates.

As Lexus owners, can you tell me what kind of discounts you got? Please offer examples.

For example. If I walk into a Honda dealership to buy a new 2011 Accord Sedan EX-L V6, I expect $3000 off without even trying. That is how it goes at the dealership for "lower" line of cars. If I want $3,500 off, I would have to really bargin and maybe take a less popular color.

What about Lexus? If I ask for $3,000 off will the salesman tell me to get the f... out? How about $4K or $5K?

Did you negotiate the price of your Lexus?

[05CamryGuy]

Not all Lexus owners are "rich" -- I guess it depends on how you define "rich"

But anyways, there is the "December to Remember" sales event going on right now and its the end of the year so it's easier to negotiate a good deal.

I bought my 2012 RX three weeks ago at about $500 over invoice price. MSRP $55K, invoice was $49,800. Lexus is offering 0.9% financing that you can take advantage of if you are not paying the car off in cash.

To give a perspective, I also bought my previous ES350 in late November of 2006 and for that I was given $800 over invoice. If I remember correctly, the MSRP for that car was around $45K with an invoice somewhere around $39K

The price really depends on where you are located and how much supply is in the area. Also, you should negotiate from the invoice price - don't mess around with the MSRP price. For a Lexus, the markup is so much that even if you get $3000 off MSRP, you're probably still paying $2000 over invoice.

Does this answer your question?

[YipMan_Style]

Yes it does. Thanks. Some dealers are willing to deal.

I found an Infiniti owner who said his dealer would not even drop $500 off MSRP, even when he said he threaten to go else where.

So he played dirty. Went along with the process. Got approved for financing (this took a day or two I guess). They were prepping the car. And he then told them he was not signing because he got a better deal from another dealer.

Quickly $2,000 came off the MSRP.

Your deals sounded better, but I guess it all depends on the dealership.