Last post on Aug 14, 2010 at 8:21 AM
You are in the Lexus ES
What is this discussion about?
Lexus ES 300, Lexus ES 330, Sedan
#33 of 5443 Will Lexus Bargain??
Oct 15, 2000 (2:23 pm)
I was just about set to purchase a Volvo S80 when I wandered next door to the Lexus dealer. After driving an 2000 ES 300 Platinum, I was so impressed that I think I might abandon the Volvo.
I have heard that Lexus is not very willing to bargain. Does anyone out there have any idea of how much Lexus might be willing to bargain? I'm looking at a dealer invoice of about $31K and MSRP of a little over $35K. I usually shoot for about 2-3% over invoice: is that unrealistic?
#34 of 5443 smheying
Oct 15, 2000 (5:01 pm)
Instead of having everyone answer this question again...please read through the previous posts...this question has been answered MANY times in the past...do a little research on your own please...I paid aproximately $31,750 + TTL for my 2K Platinum...you should be able to do at least that well now at the end of the model year...if not, go to another dealer...or try an online service, like autobytel.com...
Oct 15, 2000 (10:57 pm)
Well Vern, Thanks for the welcome.
I'll have you know that I had looked through previous posts! In fact I spent over 2 hours looking through various postings ranging from useful, to caustic barbs being exchanged. The most current topic that I found that dealt with pricing of the 2000 ES300 Platinum was back in April 00. I was hoping that someone who had RECENTLY purchased an ES300 would be willing share their experience with me.
#36 of 5443 But what about pre-owned ?
Oct 15, 2000 (11:12 pm)
Has anyone had an experience buying a pre-owned ES300. I can look at any new car and see what the invoice is, however, a used car is much different. I would like to have a little more info before I go in there. Any help would be greatly appreciated.. Thank you
#37 of 5443 smheying
Oct 16, 2000 (1:57 am)
Sorry, if the suggestion offended you, this was not the intent, the intent was not to repeat information already available in previous posts, in case you hadn't perused them yet.
As for time frame, since we are at the end of the model year...you should expect an even better deal than any of the previous posts. I would say asking to pay dealer invoice would be reasonable...and letting the dealer keep the holdback as his profit. So, at this point in time, I think 2-3% above invoice is not reasonable, but 1% above maybe.
Much has to do with supply/demand in your area, if there is only one Lexus dealer in your area...chances for a good deal are not promising. On the other hand, if you are willing to travel to an area where there are many Lexus dealers...chances for a good deal increase dramatically. (such as here in the Miami area)
I found using the free internet car services...like autobytel.com quite useful in getting an idea of how much local dealers are willing to discount...internet salesman seem to know people utilizing this service are interested in a substantial discount.
Anyways, hope this helps you in your decision and negotiations...and hopefully you'll buy the car everyone at this site admires...you will notice there are not many complaints about the ES...compare that with other car forums.
Oct 16, 2000 (4:34 am)
You should be able to get, in most areas, a very good discount off of a 2001 ES300. I would expect at least a $2K to $3K discount and probably more being that the 2001 is the last production year for the 2nd generation ES300.
Oct 16, 2000 (3:14 pm)
I found that the dealer certified cars typically sold for approx $3k over the prices for non-certified cars. That was almost a year ago for my '96 ES300.
My local dealer (lawrence lexus) wasn't willing to come down on price at all, but I can see their point - they do put a lot into the certified cars.
I opted for non-certified, and 12,000 miles later, everything has been great. No problems at all.
#40 of 5443 Another Zaino convert
Oct 16, 2000 (3:16 pm)
After seeing the Zaino posts in this and other forums I had to give it a try. This kind of stuff is a pretty harmless way to satisfy my obsessive-compulsive side. Gotta say, it really is the best stuff I've ever used. Expensive, time consuming, quite a work-out, .... but wow! I've got 3 coats of Z5 and 1 coat of Z2 on my wifes 16 year old car now and it looks like I put on a sheet of glass rather than polish. I can't wait to do my new ES300.
#41 of 5443 ES300 Prices
Oct 16, 2000 (3:27 pm)
I'm no expert, but IMHO any remaining 2000 ES300s should be bought at prices pretty close to invoice given the current holdbacks, incentives, given that the 2001s are here, and given that there is a totally redesigned car coming in 11 months (+/-). This should at least be the case in major cities where there is some competition for your business. We've seen posted deals at invoice + a couple hundred dollars even 6-8 weeks ago.
Also, given that several of us have purchased VP+ and Platinum cars for $31-$32K recently, a 1997 or 1998 car with 30K mi (+/-) for the mid 20s just doesn't make sense to me. That's 80% of current value for a new car. I mean, these cars do hold their value but a 97 is 4 model years old now. Most cars are looking at 40-60% residual value at this point and the very best of them generally do not exceeed 70%.
Or is there something I'm just missing here?
#42 of 5443 jtc43...mpg
Oct 16, 2000 (8:56 pm)
With my 96 ES, I can't ever get any better than 21 mpg highway with AC on 70mph. What gives?
How do you calculate your MPG? Maybe my numbers are jumbled?
How about you Enigma, any suggestions on improving my gas mileage, oh wise one? How far can you go once warning light on gas gauge illuminates?