Purchasing a new SUV 2022

LBig Bear on 23/12/2021 - 09:56

I am currently trying to purchase a new medium sized SUV for 2022. I was looking a the new Lexus NX that was just announced with deliveries starting in April. I spoke to a dealer over the phone yesterday and was quoted over $95k driveway for one of the top spec models. I have purchased many cars before and always negotiated a discount and I know that luxury brands have a dealer mark up around 30%.

Anyway the dealer said absolutely no discounts atm. I was very disappointed as even with a 10% discount I would've signed a contract and put down a deposit on the spot. Now I'm thinking it might be worth trying another dealer or just buying a different brand that will be more open to negotiating.

What are your thoughts guys. Any feedback on the new car sales situation atm? Any recommendations in negotiating or even buying a different car.

Your advice is much appreciated!

Automotive Car SUV

Comments

      • djmm on 25/12/2021 - 20:43

        Oh ok that makes sense. Do they usually have X amount for each model or combined X amount of cars in whichever model?

  • Daabido on 25/12/2021 - 15:10

    A lot of manufacturers are pumping out high profit margin models too instead of base models, which pushes used prices even higher.

    "I predict that within 10 years, computers will be twice as powerful, ten thousand times larger, and so expensive that only the 5 richest kings of Europe will own them."

    All silliness aside, I didn't think growing up in the 70s, that people wouldn't be able to afford to buy houses or cars.

  • serpserpserp on 25/12/2021 - 18:53

    I can't even buy an outdoor setting for a decent discount and a 6 month delivery date. Can't imagine what it is like for something useful.

  • Starlight8 on 25/12/2021 - 19:00

    I bought a Lexus NX in March this year - highly recommended :)

    Yeh i didnt think they would give you a discount. Maybe wait for another 6 months once its released?

  • CalmLemons on 25/12/2021 - 20:23

    You won’t get any discounts at all on cars.

    It’s why we kept to buying commercial only vehicles this year and no resi cars as normally there isn’t much discount on the low margin base commercial cars we buy.

    Don’t expect to get $40k off a $140k Mercedes’ these days - especially with their new model coming up next year.

    If you don’t want to wait, you’ll have to pay full price for that Lexus now, otherwise wait till end of 2022 beginning of 2023 - if we’re all still here.

    • nephilim on 25/12/2021 - 21:45

      Mercedes and bmw hasn't been doing been doing deep discounts since they were sued for giving centrelink people loans for 100k cars I thought?

  • ribze1 on 25/12/2021 - 20:37

    Bad time to buy a car, be it new or used. Don't expect a discount or a good price.

  • nephilim on 25/12/2021 - 21:43

    Shop around honestly, we went to Hyundai and all there SUV had 6months waiting. Walked across the road and could get a vw tiguan with luxury pack next week

  • mdavant on 25/12/2021 - 21:57
    +1

    This is what happens when the govt prints over half a trillion dollars and gives a heap to people who don't actually need it.

    • PopCounty on 25/12/2021 - 23:33

      I think giving money to continue economy was good move. But just the way was handed over … was not so good.

      I have (now moved out) neighbour who has crap business (like literally no sale/consulting). No employees. Zero business. Just on paper. But she claimed payments. She’s very very well off and shouldn’t have been getting any money at all.

  • Fobsessive on 26/12/2021 - 00:39
    +2

    SUVs with trash centre of gravity. They're doing you a favour

    • yellowfever on 03/01/2022 - 07:28
      +1

      Why is centre of gravity relevant? Is OP racing?

  • peteneyoki on 26/12/2021 - 05:20
    +1

    I went to multiple dealers and all of them are selling at very near advertised price. Through autoexpert, I got qoute which is 7% less than currently advertised DA. It is not great but in the current market felt that is the best I could get.

    • ky1975 on 28/12/2021 - 10:13

      I am using them and another dude to find me a new Subaru Forester atm, what % discount you would expect normally?

      • peteneyoki on 28/12/2021 - 13:15

        Near 12% was a probability. In the current market, you won't get that much.

  • solidussnake on 26/12/2021 - 09:09

    30% markup for dealers 😂😂 did you smoke crack before you posted this weak arse whiny thread

    • nephilim on 26/12/2021 - 14:11

      Mercs and BMW did do deep discounts, but mainly if you got finance though them.
      As posted earlier, they got in big trouble as most who got these deals were on low income earners. Aka someone making 40k a year, getting a X5 for 90k.

  • Binchicken22 on 26/12/2021 - 15:56
    +1

    Try a car broker and see if they can get you any sort of deal, but if not you either have to cop it or just wait it out, probably 2 years before we get back to pre-covid stock levels.

    The Australian economy was hanging on by a string pre-covid stimulus, so when the government says we will be back to pre-covid conditions soon… That won't be great. That's when dealers will be back to giving big discounts to make sales targets like they were in 2019.

    • whitfords on 26/12/2021 - 17:59

      We used a car broker and saved about $2500 on a new Toyota that was priced around $42000 at each of the Toyota dealers we visited. We ordered March 2020 and had to wait a few months for delivery so even with COVID supply issues, dealerships were still offering discounts - not sure why/if that’s changed since then.

      I’m not really the type that likes to haggle so going to a broker worked well for us.

      The wife and I also both applied separately for credit cards offering cash back on $X spend in the first few months so effectively saved a further $2000.

  • porsche26c on 26/12/2021 - 20:47

    Lol 30%. On a 95k car your looking at 10k max profit. They make all their money from servicing etc.

  • nuttapillar on 26/12/2021 - 21:45
    -1

    Let me guess, another city-dweller buying another SUV just because it's cool, and everyone else is doing it?

  • EchoNoob on 26/12/2021 - 23:28

    You will never get 30% anywhere, dunno where you pulled that from. Probs get like 15% from German brands but not in this current climate. Also, Lexus is well known to give minimal discount. 10% if your lucky.

  • MandMs13 on 27/12/2021 - 00:14

    Wow, 95k for what will prove to be an underpowered Toyexus. To think 3 years ago I was offered either a brand new Alfa Romeo Stelvio Quadrifoglio or a Jeep Trackhawk for not much more than $95k, how far we've come since then.

  • drfuzzy on 27/12/2021 - 10:03
    -2

    I know a bicycle shop with 10% discount so there is the solution for OP.

  • goingDHfast on 27/12/2021 - 19:15
    +2

    The best SUV to buy in 2022 is a wagon.

    • Euphemistic on 27/12/2021 - 20:07
      +1

      But SpOrtZ and UtiLItY!

  • localhost on 27/12/2021 - 21:00
    +1

    For $95k+ get Porsche Macan.

    • yellowfever on 03/01/2022 - 07:29

      Brand new?

      • localhost on 03/01/2022 - 15:01

        Yep, check prices.

        • yellowfever on 04/01/2022 - 23:59
          +2

          You are right, base model 2022 Macan is $96k driveaway in Melb.
          2.0L turbo 195kw/400nm. 0-100 in 6.4sec!
          Damn If I had spare $100k that would be my pick!

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