Lexus Brand Tarnished After Consumer Reports Warning
More bad news for Toyota (owner of Lexus): This week Consumer Reports labeled the 2010 Lexus GX 460 dangerous and issued a "Don't Buy: Safety Risk" recommendation.
In response, Toyota has decided to halt all sales of the GX 460 until they can find a way to fix the safety issues.
When pushed to its limits on Consumer Report's test track, the rear of the Lexus GX 460 slid out until the vehicle was almost sideways.
A "Don't Buy" recommendation from Consumer Reports can have a devastating effect on sales - something Toyota certainly didn't need right now just as they were starting to recover from their recall fiasco.
Consumers are likely to see the Lexus brand as being tarnished now which could lead to a drop in overall sales. This is actually good news for car shoppers since Toyota will likely continue offering incentives to keep sales up.
If you own a 2010 Lexus GX 460 and prefer not to drive it until a remedy is found, Lexus will provide a loaner vehicle for now. If you've been considering buying a Lexus, now is a great time to shop around. Dealers are anxious and more open to negotiation.
My Recommendation for Car ShoppersTrueCar No-Haggle, Edmunds Price Promise, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
California Residents - Important:There is a new online car buying service called Roadster, available only to California residents, which I highly recommend you try - especially if you hate the stress of haggling with a car salesman. They provide an expert concierge who negotiates the price of the car and delivers it to your home with zero hassle - you never have to interact with a dealership. Here is my in-depth review of Roadster and why I recommend it.
- Gregg Fidan
About: Gregg Fidan
Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
Latest Weekly Car Buying Tips RSS Feed