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I hit up a lot of people, but the ones with the lowest quotes were from Lexus of Oxnard, Longo Toyota and Keyes Lexus in Sherman Oaks, where I secured the deposit for my car. E-mail me and I can get you the particulars.
lbg78, Do you mind giving up the name of the dealer or city where you got that quote?
Got the absolute lowest at Jim Falk in of all places Beverly Hills !
My dealership was honest and up front and I did get two perks; free car washes and a spoiler at dealer invoice price. I'll take it.
the 250 AWD with luxury package and nav
36 months, 12K miles a year
$0 down
$800 in drive off (first month's payment plus reg fees)
$549 a month, including 8.25% sales tax
:confuse:
They may have to get the car as I'm in SoCal and they say the AWD isn't readily available but I'm wondering if I'm getting smoke up my you-know-what. I don't know what the residual or money factor is but I do know I have superb credit (although they didn't even check it).
I told them I won't pay more than $525 a month and I gave them till tomorrow at 10 am to let me know if they accept my offer. Any suggestions?
Please help a new Lexus buyer.
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Lexus in Modesto is quoting 5% over invoice on the IS350 if you go through the AAA or Costco auto purchase program. I called Putnam Lexus in Redwood City and they have a similar deal. 2000 over invoice on the 350 and 1700 (I think) on the 250. I talked them down to match 5% on the 350 which was a bit more savings in my case.
Invoice is "dealer invoice" which is the same you will find on edmunds, costco, except for they add the toyota dealer advertising (TDA) fee which was 443 in my case. If you want to negotiate this out, make sure you negotiate a purchase price rather than % above invoice or at least bring this fee up before you agree on a number.
So my IS350 PT FT NV, mats was MSRP $40,784. This is invoice 35,568 + TDA 443 = 36,111, + 5% = $37,917. So this is $2,867 off MSRP (or $1,806 over invoice) taking TDA into account, with zero hassle.
$3,333 minus MSRP, but with the TDA of $443 added back in,.
Very minimal hassle. Other dealers participate but have different discounts for the Costco program. Stevens Creek was the most expensive and least friendly dealership I dealt with.
If anybody has success getting the TDA negotiated out, please email me.
Thank you very much to both "cruiseship" and "doug316".
I will update - once I purchase one in about 2 weeks time.
I am also in the southern NE area and plan on making a purchase next month.....its disapointing that the Boston area dealers were not helpful. Would you mind emailing me the dealers you visited, your experiences and any further advice?
Thanks
I hope my experience gives you the upper hand in your negotiation process. Let us know how it goes when you finally make the deal. Information is power, after all, and this board is great for dissemination of information.
Roll the clock forward about 24 hours, and we're at Lexus of Bellevue. The car that the previous salesman insisted didn't exist in this country was sitting on the lot. The new salesman was 1) completely thorough and forthcoming with information; 2) knowledgeable about the car; and 3) giving us confidence that he was helping us get a great deal. Compared to the previous dealership, this was night and day -- with all due respect to any Cole Porter fans out there. The Desert Sage IS 350 had absolutely everything on it that we wanted (Lux package, Nav & ML stereo package, and a few other goodies), and we bought it. MSRP was $44,784. We paid $41,191. Yeah, that's a lot of money, but it's about $3,300 less than Edmunds said folks in the Pacific Northwest are paying for the same car.
All in all, we couldn't have been happier with Lexus of Bellevue -- or more frustrated and ticked off with Lexus of Seattle. But all's well that ends well.
-Dennis
MSRP $39990
Offer $38190 ($1800 off sticker)
Residual 58%
Money Factor 0.0029 (My FICO score is 800 - 850 range)
36 months / 15,000 miles / Zero down
Payment at $685.00 (including sales tax) financing thru Lexus Financial, 1st months payment. This seemed WAY to high for me and what I had calculated.
I would assume that with my high credit rating that I could get a better money factor thru Lexus...around 0.0024 or better. Additionally, thru all these posting I could get them down a little further off the MSRP. Help?! Suggestions?!
MSRP: 40784
Offer: 37611 (1500 over invoice)
Premium Package, Navigation, 18 inch summer tires, preferred accessory package.
basically the same packages as the IS250 with MSRP at 36504
I think its a good deal...most dealers in the Bay area dont give that much off MSRP for IS350's.
Had an offer for IS250 (not the color I wanted) with MSRP 36504 and offer of 32,761 but IS350 offer was just too sweet to pass up (in my color too) :P
Thats a great deal...I have been talking to them as well, and have not gotten anywhere.....how did you do it?
Allen
How did you get that deal for the IS 250?? :surprise: Is it a manual?? I've been trying and trying to get that exact price and they won't give it to me. Let me know your secret.
Thanks in advance.
I was quoted 33,291 but they ordered me the wrong color combination and had a smokey granite come in stock instead of the tungsten pearl I wanted so saleperson dropped it another 500, which made it 1000 over invoice (32,791).
Its end of month, I am sure you can get a good deal, but dont know about Manuals, most of the IS's around are automatic.
Goodluck...
I was at putnam today, they have more IS350s than IS250s in stock...
Serramonte salespeople are more slimy than normal, but you can force them into a good bargain, specially at end of month. Was able to get them to give me 33,300 for IS250 (MSRP 36504) at end of April but I was put off by their dealing.
Watertown, MA?
Luxury or Premium...I dont think IS250s come with Luxury unless specially ordered
What happened to the IS250/350 lease thread?
Lexus.com seems to indicate so. Carsdirect let me pick it. But only discounting $500.
I've been exchanging emails with the Internet guy at Putnam and he just tried to get me to come in when I told him I would wait for prices to come off sticker.
granite mica
Black leather
nav
prem package
preferred accessory package.
spoiler
msrp was 40125
i paid 35753
Stevinson lexus in Golden, co
I live in Mich and i got the car shipped to me.
What is the outlook for the 2007 model, which is not that far off? When will the lack of supply work it's way out so I can get this car for "only" $2100 over invoice? :confuse:
The car WAS not on the lot.. but it was on its way in for delivery..
the car is an 250
Hope this helps someone, as reading this forum certainly helped me.
Cheers!
Asked him for lease terms, including money factor and residual, for a 2-year lease on an IS250 RWD AT with Premium.
Comes back at me with $3000 drive off and $497 plus tax.
Guess he doesn't really want to deal. :confuse:
This is for a 2-year, 12k/year lease with 66% residual.
Won't say what the money factor is. Anyone know Lexus' money factor?
$3k drive off and $497/mo. before taxes still seems very steep. They must be loading up the MF.
Any thoughts on this deal? Dealership was Englewood Lexus, NJ.
Luckily i read the forum and decided to ask around today, well tonight, we went to Redwood city and checked out their stock, Not only did they beat the initial price we were gonna by an is250, 33,900 with Nav/etc, but they also wanted a deal TONIGHT, so we got an IS350 instead, Black on Black leather, sportpkg,ML/Nav system prem audio and Nav package, park assist frnt/bk, Headlamp washers, preferred accessory pkg.,and Rear Lip Spoiler add (395.00)
total of $8800+ in upgrades, MSRP 44,900
dealer invoice $39,500 got for $39,900
Is this a good deal? Hope so, because i put down a bit and also they threw in a lot of freebies.
We drove it tonight and my husband LOVES the speed the 350 puts out!
And also, how well has anyone been doing with negotiating the price around invoice for this vehicle in the NY area?