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Lexus ES 300/ES 330 Prices Paid and Buying Experience
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kirstie_h
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I like the 87-89% off MSRP prices I've seen posted yet they seem to be end of last year. Toyota, oops Lexus (both) do a great job controlling inventory to inflate S&D controlling prices. FYI, if you're patient you can beat them at their own game!!!!!
Thanks!!
Car_man
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For example, my boyfriend bought a 2005 after the 2006s had come out. He wanted a Nav system but could not get it in the color he wanted, so he compromised on the color. Navs were in very short supply in the older year model. I suspect that they may also be this year.
The cost of doing an MSD lease vs. buying with $10k down and leasing outright for 36 mos with 20k miles per yr. saved us a few thousand dollars in the long-run.
The ES330 is being completely redesigned for the 2007 model year which is due out in mid-April and it looks sharp! But, for the price, I don't think I can beat the deal we got!
1. Does the $36454 include the Nav or not?
2. If not, is the price of the Nav added to $36454 or to the $32500? Why not just provide the numbers for a package that includes Nav? The $2000 you mention is very confusing in analyzing your deal.
3. When you compare buy versus lease, did you assume that the car would be sold in 3 years in the case where you bought the car? (Just FYI, a three year lease usually comes out better if you compare to buying and then selling after three years. Where leasing becomes costly is over a longer time period of continual leasing.)
4. What is the basis for feeling that you likely could not beat your deal?
Thanks.
2006 ES300, navigation,leather,sunroof,6 disc CD changer,PW/LOCKS/Seats, power sunshade,Heated and cooled seats. MSRP 37,569...36 mo, $399, $2000 down + first payment+TT&L due at signing. Is this too good to be true?
Also, what about MSD (Mutiple Security Deposit? Is it something to consider...how does it really work?
Tahnks in advance.
2006 ES300, navigation,leather,sunroof,6 disc CD changer,PW/LOCKS/Seats, power sunshade,Heated and cooled seats. MSRP 37,569...36 mo, $399, $2000 down + first payment+TT&L due at signing. Is this too good to be true?
Also, what about MSD (Mutiple Security Deposit? Is it something to consider...how does it really work?
Thanks in advance.
For now, one thing that I can tell you is that it is not a good idea to make a $2,000 down payment on this lease. I always advise consumers against making any sort of down payment when leasing. I do so for two main reasons. The first is if your vehicle is totaled in an accident or stolen during your lease, your down payment essentially disappears. The second main reason is that down payments on leased vehicles do nothing to reduce their lease-end purchase prices. So your lease-end purchase option price for your ES 330 would be exactly the same, regardless of whether you had put $2,000 down, or had made absolutely no down payment at all.
Car_man
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Thank for your reply...to answer your question re negociated cost...The MSRP is $37,569.00..the selling price is $34,219.00
I an anxiously awaiting your reply and comments on leasing and especially on the MSD (multiple Security Deposit). It certainly sounds like a good deal.
Thanks in advance.
They would squeal and grind when she was stopping, she paid rediculous amounts of money for new brakes from the dealer(supposed to be red carpet service), and it didn't stop. She was fed up with this, and other things, so she traded it in for a 2006 Toyota Solara SLE convertible, said she got way better customer service from them. When she and I went to look at Audi, BMW, Mercedes, and Infinity. At Audi, we had no help whatsoever, same story with the other three brands, totally ignored! Even when we were standing next to a sales man, I made comments on how poor we were treated, the guy just kept playing with his cell phone! AARRGGHH!
I would try to get them to $29,000, and just tell them that someone else will give it to you for $30,000. That might work! Hope you have a good buying experience.
It is true that the 2007 ES350 will be out at the end of April but they will surely be higher in price by several hundred dollars. They will have some features not found on the 2006 but now is a good time to buy a Lexus. I feel that 34,700 is too high for this ES330. Other posters will probably agree.
I just bought a 06 ES330 Sonora gold yesterday and will pick it up next Tuesday. The deal is as follows:
MSRP: $34,099
Invoice: $29,983
Paid: $29,783 + TTL
For $200 under invoice, I think I got a fairly good Deal! I made my purchase through the internet, and it worked out nice, painless. The car has the following options: 6 disk in dash CD, 17" wheels and Z1 package (trunk mat, cargo net, wheel locks).
Good luck everyone on your next purchase.
Car_man
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Very happy with car, back and forth between the Acura TL and ES. Am feeling like I made the right choice.
Many thanks for all the posts and info. This site was probably my best resource for researching and purchasing this car.
invoice $28,640 + optional equipments (ND, VV, HL, HH, FI & WU) for $4405. i paid $34,100 + $695 destination charge + TTL = $36,496 on road ($710 over invoice).
bought a ES330 from Prestige, NJ today. details --
invoice $28,640 + optional equipments (ND, VV, HL, HH, FI & WU) for $4405.
i paid $34,100 (incl. $695 destination charge) + TTL = $36,496 on road ($360 over invoice).
am negotiating a deal to lease 2006 ES330 for $383.29/month plus 6% taxes for 36 month, 12000miles/year.
MSRP $34729
Selling Price $30500
Cap reduction 1499
Bank Fee 600
Motor Vehicle 189.50
Tire Fee 7.50
Doc Fee 105
Payment 2808
Monthly payment $383.29
The dealer indicated MF .00245 and RV 56%.
Is this a good deal?
The only issue with this is that the car does not have traction control, vehicle stabilty control and wood stering?
Thanks
MSRP 38,904
CapCost 34,955
Residual 20,525
MF 002350
36 months with 15K
Their offer is 560 a month with 2500 down.
I ran the numbers and get 560 with 6% sales tax included and zero down. I'm I doing the calculation correctly? Are they using the correct MF and RV?
Thanks
The biggest "con" of the older model is that it will be out of style sooner, and this includes the NAV. I believe that committing to a vehicle with no NAV for long term ownership may produce regret at some point. NAVs are great and those of us who have them would not want to be without one in the future.
Another factor that may impact the decision is gas mileage. A long term purchaser of the ES3XX may wish they had bought a vehicle with better gas mileage.
If it were I making the decision, and if I ruled out the desire for a car like the Prius on the future, I'd go with the 2007. Of course this assumes that the NAV is more advanced on the 2007 than on the 2006. In your case, you can't get a NAV at all on a 2006, so that would be a no-brainer to me.
I suspect that as dealers begin to understand how to operate the NAVs and as more and more people begin to own them, their desirability will increase. (I wonder if this has already happened.) Everyone I know who owns a NAV says that the availablilty of a NAV would outweigh other factors like color in selecting a vehicle.
This is something to consider when thinking about purchasing a vehicle which you will keep for 10+ years. If you purchase a 2007, not only do you have more NAV options, but you also stand that chance of having the most advanced NAV system to date.
On the other hand, with gasoline going where it is going, I might not buy an ES at all. I'd probably buy a gas-efficient car-but gues what - one that has a NAV.
(Note the ES3XX performs OK-from a gas mileage perspective-for non-hilly freeway driving, but it is not exactly an economy car for in-town driving.)
You really should not make any sort of cap cost reduction when leasing though. If you do, you risk losing it if your car is totaled in an accident or stolen. Here's a lease payment based upon no down payment, just in case you are interested. According to my calculations, the zero down, pre-tax monthly payment for a 36 month, 12,000 mile per year lease of an '06 ES 330 with an MSRP of $34,729 and a selling price of $30,500 should be $435.
Car_man
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I just double checked the lease payment that you mentioned and according to my calculations, the zero down, pre-tax, 36 month, 15,000 mile per year lease payment for a 2006 ES 330 with an MSRP of $38,904, a cap cost of $34,955, and a money factor of .00235 should be around $500.
Car_man
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Appeciate any suggestons. Considering the best deal I can get on a Lexus 330, BMW or similar class of car.
Robert
2006 ES330
MSRP 36359 (includes premium package)
Money Factor .00245
Zero down
12k/36 months
$426 per month including 6% sales tax.
My first time leasing... should I take this offer?
Perfect condition, one owner, Crystal White, new tires, HIDs, rear shade, six-disc, power pedals, trunk mat & net, wheel locks, heated/ventilated seats, wood/leather steering wheel, 17" wheels.