2018 GX460 Solid deal?

Hi all please take a look something doesn’t look right here

MSRP: $59838
Sale Price: $54888
Monthly Payment (incl. tax): $553
Drive-Off: $1k (1st month, Reg/doc fee: $480
Refundable MSD Payment: $0
MF.0004
Residual 60%
Disposition Fee: $350

I just walked in and after 30 min they told me they can get me to 553 with 1k out of pocket, taxes rolled in. Didn’t share sales price or other rebates. Too good to be true?

They’re giving you a discount bigger than that somewhere. Maybe not including a rebate. Should be 563 monthly before taxes with the numbers you provided.

Is it worth to dig for it or leave it alone and take it?

Honestly, that payment is pretty decent with only 1k in drive offs. The discount is pretty average, but the numbers don’t match up (in your favor for some reason). If you’re happy with the payment I would take it, but you could probably haggle a little more since their offer was with minimal negotiations.

You should be able to get about $7000 off and with $1000 rebate (down), are looking at about 530 otd.

Where did you find this deal? And what are the terms?

This is great context thank you! We decided to pivot to an x3 m40i so I’ll be scouring the forum for deals on that car.

10k/36months sorry for leaving that off! The dealer is in NorCal. PM me and I can send you details.

Anyone know if Lexus have any greater rebates around July? not the cash offer which doesn’t applies to lease, Currently it is $1000 for May.

It seems that great deals are averaging about $6500-8000 off MSRP, I have seen up to $4000 in rebates last year resulting over $10k in discounts.

It isn’t July and nobody works at Lexus corporate, so nobody knows.

Thanks,

Do you happened to know what the rebates were around this time in 2017?

No one is going to research that for you. Also knowing won’t change anything, that was last year.

When you lease cars, the only sure thing are numbers today. There are way too many people who hope or guess what the numbers will be a month or two from now.

Almost solid. Probably do MSDs and a couple grand off more …

Lexus did not have any lease rebates in July 17 on 17MY GX. Just rate support at .000135. By July it was down to 0.00062 again with no lease rebates.

That means nothing for 2018 when rates are rising. It is a safe bet to assume a MF equal to or higher than today’s MF on Lexus products in mid-late summer.