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Matawan, New Jersey Lexus Car Dealers

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Buying a car from a Matawan Lexus Car Dealer

Matawan, NJ Lexus Car Consumer Discussions

Ray Catena Lexus
by footwood on Sat Dec 31 07:18:53 PST 2005
Just talked to my Sales Rep. Lexus Financing is giving me a rate of 4.85% APR They also do no after market selling or hard press. I just gave them the amount to put down and there is no hard sell. Easternshore The pricing we are talking about is for the 06 lexus RX330. If you can go thru COSTCO.Com, if you have a membership, to get your auto quotes. They have special pricing, my starting point for negotiations was 500 over invoice price, of course you can get them down lower but its nice to get a good price to start. Ray Catena has a 3 person sales team dedicated to COSTCO members. Just a FYI. Good luck on your buying experience. and Special thanks to Highlander7, Armondo and Tazimi plus everyone else on this board it really helped me negotiate with confidence and get a good deal. I will post particulars later today after I pick up my wife's :( new lexus
Ray Catena Monmouth, NJ
by footwood on Fri Dec 30 17:08:07 PST 2005
Alright basically settled on a price of 100 above the invoice of 38468 for a White RX330 MSRP 43450. basically 88.7% they said I could take the trade off the table and sell it myself or take the 1500. Now I just have to go thru the finance guy and I am home free. I will have my check ready for my finance portion if necessary Lexus fiance may be less so I will see
Ray Catena Monmouth
by footwood on Fri Dec 30 16:03:51 PST 2005
I just left from a very disturbing VIP sales appointment at this dealership. The had a White Lexus RX300 MSRP of 43450. I did the calculation and offered a price of 38000 they said they would not sell at below invoice which was 38490. I am waiting to here if they would accept this is via cell phone now after i left the dealership. The thing that annoys me is they are now low balling me on my trade in offering me 1500 for a mazada 626 with a blue book of 3400. they said thats what the wholesaler will give to them and said they will not budge. I am now caught between buying the car for a good price. but getting next to nothing for the trade. I told them to take the trade off the table. and I am waiting to see if they stick to the invoice price of the car. Any ideas what to do with the trade? They basically don't want it. saying they make no profit on it they since they have no used car lot and just give it to the wholesaler. What to do? what to do?
Re: Ray Catena Monmouth [tazimi]
by footwood on Fri Dec 30 08:55:43 PST 2005
Hey I applied and was approved for the credit 5.4% for 60 months going thru the costco web-site to capital one. If you go thru the capital one site direct the rates are higher,"thanks tazimi". I am going to use this to my advantage tonight when I deal. worst case I will have the check tomorrow am so I can leave a deposit tonight and sign the paperwork tomorrow. Brininging my wife with me tonight. No added pressure there :) with all the shinny new cars. No, I can't think of that. Stick to your guns!!! thats the moto
Re: Ray Catena Monmouth [highlander7]
by footwood on Fri Dec 30 03:53:24 PST 2005
Thanks for the great advise everyone I am going to go in strong and ask for a price of 88% of the MSRP or lower. If they won't do it I will leave. Since I have my appointment today and the december to remeber deals end soon. Do you think I will have time to apply for a loan and get the check before the deals end?? even if they fed-ex today it won't get here until tuesday. Maybe I can haggle and put a deposit down today and come back tuesday for the car. What are your guys thoughts on leasing the car vs buying?
Re: Ray Catena Monmouth [armandodeluna]
by footwood on Thu Dec 29 14:10:22 PST 2005
Armondo, They said that they could not guarantee any vehicle would be in stock when I got there tomorrow unless I put down a deposit. Looks like the going prices people are getting them for is below invoice so I will try for that

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