Is this a good price for an 08 Loaner??

[axg1040]

2008 LR3 SE V8 - Dealer VIP Loaner
It has the cold climate pkg, Bi-Xenon headlamps and front park distance controls. Includes the personal telephone integration and sirius satellite radio.
$47,496.00
3,525 miles
The invoice on this "new" would be $48302.00 and MSRP is $52150.00.
Is this a good price??
Seems a bit high to me. Was thinking it should be closer to 45k.

 

[dropper]

Feels a little high to me as well...

 

[di_LR3_co]

its high.. i bought an 06 service loaner, with same specs as you describing here, but in 06 for 37K... it had 5K miles on it .. my local dealer is listing the 07/08 loaners for 42K... (window price, which means there is room to move)

 

[axg1040]

Thanks for the posts.

 

[shod]

fyi... in 05 loaners got 4k factory cash...

 

[axg1040]

its high.. i bought an 06 service loaner, with same specs as you describing here, but in 06 for 37K... it had 5K miles on it .. my local dealer is listing the 07/08 loaners for 42K... (window price, which means there is room to move)

Could you please tell me what dealer has these? Can use these to negotiate a better deal here.
Thanks.

 

[nwoods]

Also remember that dealers get paid for every month these cars are in service, so they are not taking a loss on them. If it's been in service for 12 months, figure what, $700/mth that the dealer has been paid? That's $8400 to the dealer if my numbers have any basis. That should be discounted from what you should have to pay.

Note: I don't know how much LRNA reimburses the dealers, but I know it's something, enough to entice them to have a loaner fleet.

 

[di_LR3_co]

quickest thing to do is check out autotrader... and search for 2008s.. hoffman estates in chicago usually has decent prices.. in denver, LR flatirons has better prices than denver east..