Prices Paid for 2016 Lexus ES 350

alan727alan727 Member Posts: 2
edited May 2016 in Lexus
Can anyone assist with pricing on a new purchase of a 2016 Lexus ES 350 in the Tampa Bay Florida area?

Comments

  • steverstever Guest Posts: 52,454
    Invoice is $36,638, including destination but no options. TMV is typically $500 less on this model for your area but there's a $3,000 incentive right now, making the average price paid $33,137.

    So $33,137 is your target number to beat, and being Florida, you have to watch out for the usual excessive "doc" fees down there.
  • alan727alan727 Member Posts: 2
    I'm looking for one with navigation so that appears to put the msrp in the $44-$46 range. So I'll figure in the $3k incentive with my offer.
  • terabaap123terabaap123 Member Posts: 6
    Hi looking for invoice pricing on 2016 ES 350 in NC with the following:
    Packages: Premium Package, Lexus Safety System $500
    Options: Heated/Ventilated Seats, Wood/Leather Wheel, Rain-Sense Wipers
    Total MSRP: $41,375

    Do you think offering $37,000 before incentives is reasonable?
  • steverstever Guest Posts: 52,454
    edited May 2016
    Customer Cash Adjusted True Market Value with the current $3,000 incentive is $34,823. So, $37,823 before the incentive.

    Invoice on this model is $39,277.

    Since TMV is an average, someone must be paying $37,000 before the incentive. You may as well try to lower the average too. Seems reasonable to me.

    Good luck and let us know how it goes @terabaap123.
  • fjbrianfjbrian Member Posts: 1
    I'm looking for TMV, and best price paid for a similar top of the line ES350 in the Sacramento area.
    MSRP 38,100, options total 10,305, Handling chg: 950.00, tota; MSRP: 49,355.00 Are there any incentives?
  • kyfdxkyfdx Moderator Posts: 267,565
    fjbrian said:

    I'm looking for TMV, and best price paid for a similar top of the line ES350 in the Sacramento area.
    MSRP 38,100, options total 10,305, Handling chg: 950.00, tota; MSRP: 49,355.00 Are there any incentives?

    You can look up TMV by using the Make/Model/Year tabs at the top of the page.

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