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Prices Paid: Buying & Leasing Experiences Prices Paid & Leasing Experiences Archive Lexus ES 300/ES 330 Prices Paid and Buying Experience 
1357 messages, Last post on Jun 16, 2008 at 7:37 AM
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Replying to: rroyce10 (Feb 15, 2005 4:43 am) My POINT however is why would a dealer turn down a profit, no matter how slim, when supply obviously exceeds demand. I had two quotes at 500 over; five or more at 1,000 over. These dealers are not idiots; i.e. they sure as hell are not going to lose $$$ on a straight out deal. Seven dealers at 1k or less over invoice and the local would not meet even the 1k over. This is what amazes me. I am sure there are a lot of Lexus shoppers who pay sticker or get a "generous" $500 off. That's all well and good but I still wonder why a store would not get rid of an in stock floor planned vehicle when he can trun a nickel on it.
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Replying to: gbjerke (Feb 15, 2005 3:32 pm) |
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Replying to: gbjerke (Feb 15, 2005 3:32 pm) The guy 22 miles away, well, he might have sold 3 RX330's and and two LS430's and averaged $2,959.90 a copy .. the dealer 122 miles away, he might have sold 2 LX470's, 1 LS430 and 2 SC430's and averaged $2,791.23 a copy, so they are over their rolling average for the month, so at that particular time they can take a tiny deal and in 4.3 days that could all change ... now, you go to your guy and he needs $1,500 over invoice to make a deal and he decides to pass for one simple reason - he feels he's losing money .. plus you keep throwing holdback into the deal .. it's "Not" profit, the dealer is sitting on probably $15/$25 million++ in inventory and he's paying a quarter point over prime for it everyday ~ thats alot of enchilada's ... You got a good deal, so enjoy it and quite taking it personally, it's just good business .. how long do you think Best Buys would stay in business if they sold everyone of their new super duper TV's for $300 ...... aaahh, not long ..l.o.l..... -- Or, **Because he wants more money than you want to give him?** ...............  Terry. |
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I'm thinking of buying an ES330 or an I35, but I can't seem to justify the extra $$$ needed for the ES330. What's the difference between the two cars? I know that the I35 is a 2004 model, but I don't really care. I drive my vehicles for about 95,000 miles before buying a new car, so depreciation doesn't matter too much.
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Replying to: jchan2 (Feb 15, 2005 6:47 pm) Personal taste ....... Terry.
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Replying to: rroyce10 (Feb 16, 2005 3:04 am)
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Replying to: jchan2 (Feb 16, 2005 2:24 pm)
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Just started to look for a new car and headed over to a local Lexus dealer. They quoted the following and was curious if it was a good deal. 2005 Lexus ES330 MSRP - $35,419 Lease payment of $498.00 per month. Lease term - 36 months/36,000 miles. Lease payment includes sales tax for Illinois. Only first payment is required for start of lease. Sorry I don't have any other information.
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Had a pleasant surprise when I went to the auto show this past Sunday. Of the cars I was interested in purchasing, I asked if there was any auto show promotion. When I asked at the Lexus booth, I was told to fill out this small Lexus auto show interest card and they would email me a coupon for $500.00 toward the purchase of a new Lexus. Acura, Infiniti and Toyota were not offering any auto show promotion. Some times it pays to ask since they weren't advertising it. |
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Replying to: jbtwo (Feb 16, 2005 9:00 pm) Cap Cost: $ 31656; residual value .56 or $ 20572, with 2% mileage adjustment Money Factor: .00145 (superb), which is approx 3.5% APR 36 mos., 36000 miles minimal driveoff (no deposit, one month, CA license and bank fee = $ 1198) Monthly payment, including CA sales tax of 8.25%= $ 440.58//////$ 407 without sales tax. This quote was for a well-equipped model with standard wheels (I would change to chrome wheels, increasing the payment) and all standard accessories except for GPS. I have had four consecutive ES 300s leased for 13.5 years (including some extensions). I presently am trying to sell my 2002 ES 300 before the lease expiration March 20; I only have 22,700 miles on it and apparently could have as much as $ 4k in equity if I sell it to a private party. I noticed the throttle lag and have lived with it. I guess I am pretty mellow, as I think it's tolerable. However, for another $ 100 per month (which includes regularly scheduled maintance, perhaps worth $ 50/mo ave. for the lease term, or a net difference of $ 50/mo), I can lease a BMW 330i. It's hard to quantify what "driving pleasure" is vs. fine transporation and reliability. I just feel like a change to sportier driving is long overdue. But compare all of the data I gave you before determining why your initial offer was much higher. You can access free lease-calculation software at http://www.leaseguide.com/calc.htm to see if the dealer is basically deceiving you; without software (I memorized a manual algorithm years ago)you'll never know how easily you can get screwed. |
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