[Purchased @ 6.2% off MSRP] - Lexus TX 500h F Sport Premium - 5% off MSRP for Manager Demo?

Trying to re-create a deal I saw where I guy got a Central NJ dealer (same area) to do 4.5% off on a new Lexus TX.

They guy is offering me 5% off MSRP for the sticker below. It has 2k miles on it from manager.

5% off for manager demo doesn’t seem great? Thoughts?

I’d want at least $2.50 per mile on the demo in the same situation.

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Is this a general rule of thumb for demo cars? Just curious.

Depends on the car and the market, honestly.

That’s just my assessment based on that car and it’s usage.

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Makes sense. I am near-finished with my current lease ( :lemon: ) so the headache of getting another car is looming and I am eyeing demos as always…

Great answer, thank you.

Can you extend? It’s not unreasonable to think TX discounts should improve once we are past peak novelty and scarcity, particularly for the 500.

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yep – the new kid on the block is the GX550

Lol why did Lexus release the TX and GX at almost the same time? The TX just had its “launch event” at the local Lexus dealership in November.

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Despite both being midsize 3 row SUVs, they’re vastly different vehicles that for the most part will attract a different type of buyer.

Many traditional crossover shoppers wouldn’t consider a body on frame GX with absolutely ghastly fuel efficiency numbers, whereas those that are attracted to the GX wouldn’t be caught dead in a 4 cylinder fwd based soccer mom mobile.

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Not in the market for a TX was just asking generally re demos.

Also, can’t really extend (nor would I want to) because I ended up with a lemon and am surrendering the car in a few days.

Going to be a fun few days hunting for a new car…

If that’s the case, then @jworthy42 shouldn’t expect TX fervor to die down for at least a year (probably more). There are a lot of soccer moms.

Edit: I take back what I said. Lexus of Beverley Hills is doing a flat 5% list price drop on all TX 350’s. Guess the base TX isn’t hotcakes in SoCal. The 500h F Sport still has ADM though. Go figure.

Ok let’s not digress from OP’s TX thread any further. Post in Ask the Hackrs if you have questions regarding your search.

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Lexus has figured out that they don’t need to try to hype. They have a core base of customers that will buy every time, without fail just like Benz did in the 80’s

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In SoCal there’s an abundance of tx350 available, but virtually no grand highlanders or tx500.

I’d imagine that msrp is the absolute best someone will get right now on a tx500 and any of the hybrid GH.

Ironically, I’ve been trying to replicate a TX350 deal.

The 500H was offered to me as a car they can do 5% on. I’m going today to test drive, will ask for $2.5 per mile. 8^)

Buying it now. They did it for $68,500

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Helluva deal, I’d take it in a heartbeat.

What color combo?

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Wind Chill Pearl w/ the F-Sport black interior.

Car is fucking sweet, not gonna lie

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