Prices on Used GX550's

[Cajun Heat]

I just did a search on Car.com and was shocked on what dealerships are asking for the used GX's. You could flip one and land in a LX for not much more out of pocket. I still prefer the looks of the GX.

 

[killy]

Just opportunistic while supplies are tight. It won’t last.

 

[YellowLab]

I had a dealer this week trying to justify a $20K mark up (Lexus Beverly Hills) saying that the GX is so rare. I said - if it's so rare why are they making 40K of them in year 1 for the US? Also asked if he sits awake at night and wonders why most people hate car dealers/sales people

 

[SethGX]

I was told that some (shady) dealerships are actually doing deals where they sell a GX, or other high demand vehicle like Land Cruiser, to a customer at MSRP, then the customer immediately trades it in on another vehicle, and now the dealership can sell the "used" vehicle for more than MSRP without the same scrutiny as selling a new vehicle with a dealer markup. In some cases the dealership may say new vehicles are "never over MSRP", so this solve that problem for them. I guess I was fortunate to get my OT for MSRP from a good dealership.

 

[YellowLab]

I was told that some (shady) dealerships are actually doing deals where they sell a GX, or other high demand vehicle like Land Cruiser, to a customer at MSRP, then the customer immediately trades it in on another vehicle, and now the dealership can sell the "used" vehicle for more than MSRP without the same scrutiny as selling a new vehicle with a dealer markup. In some cases the dealership may say new vehicles are "never over MSRP", so this solve that problem for them. I guess I was fortunate to get my OT for MSRP from a good dealership.

It's been like that for years on the higher end vehicles. Porsche dealers could not add significant mark-up to a GT3 RS, but ones with 120 miles sell at the local dealer for $450K+

 

[UTHORNS76]

GX 460 prices in Texas are sky high. Actually considering getting a GX 550 instead.

 

[WDEKH]

I just did a search on Car.com and was shocked on what dealerships are asking for the used GX's. You could flip one and land in a LX for not much more out of pocket. I still prefer the looks of the GX.
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I noticed this as well and shocked me! I’ve only seen one other GX on the road outside of mine