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Prices Paid: Buying & Leasing Experiences Lexus IS 250 / IS 350 Prices Paid and Buying Experience
2796 messages, Last post on Dec 06, 2009 at 7:33 PM
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Hi, I’m in the market for a IS 250. I’ve been offered a 2008 RWD Auto with Premium Package, HID, AFS, 18-inch alloy wheels, and the Preferred Accessory Package (cargo net, trunk mat, and wheel locks) for $31,985 plush tax. The MSRP is $35,595. So essentially I am getting the car for $3,600 off sticker. It is the color I like (Smoky Granite/Black), and the dealer is within walking distance to my house. I also have an offer for a similarly equipped 2007 IS 250 for $30,500, but I don’t care for the color choices (Tungsten Pearl/Black leather or Breakwater Blue/Cashmere). Should I live with the 2007 color I don’t like for $1,500 less? Is the 2008 price I have been quoted a decent one? I am told by several dealers that the “December to Remember” Lexus deals have to do only with financing incentives, but I am planning to pay cash so it doesn’t matter if I wait till December. Any advice is greatly appreciated.
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Replying to: cyrus1000 (Nov 10, 2007 6:35 pm) |
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After some research and soul searching I have decided against the purchase of IS 250. I think I’ll take the money I would have spent on unreasonably costly maintenance of this car and go on nice vacations like Lexus executives. Sarcasm aside, I have decided to quench my thirst for a fast sports sedan with a 2008 Lancer Evolution as soon as I can get my hands on one. Mitsubishi is no Lexus of course, but beats Lexus in terms of warranty and maintenance hands down and those Evos are fantastic cars. For those of you still in the market for an IS 250 in Southern Cal, the best price I could negotiate without actually visiting a Lexus dealer was at Westminster Lexus for a 2008, RWD, Auto, non-navigation model with Premium Package, HID, AFS, 18-inch alloy wheels, and the Preferred Accessory Package (cargo net, trunk mat, and wheel locks) for $31,500 plus tax. The MSRP is $35,595. In my speaking with them on the phone I could decipher that if I actually walked into the dealership I could get at least another $500 knocked off down to $31K and/or have them throw in a few minor options like satellite radio and rear spoiler. I am not sure if my plan to pay cash affected this process or not. In my experience, however, I think major dealers prefer customers who finance the car since they make money on the financing as well. I appreciate all the contributions on this forum as it helped me make up my mind. Happy Lexus hunting and best wishes |
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Hi, just moved to NC. Met with Lexus yesterday and I like the lexus is 250...having a hard time deciding between the manual and the automatic...but was willing to put a deposit down of $500 so they could bring in the manual from TN. They said the $500 was refundable and I could change my mind to the automatic if I wanted. However, they did complete a motor vehicle puchase agreement... I want the starlight pearl with black interior with the premium package. They said it would take three months to order from the factory and asked if I would accept the car and let them install the wood trim and heated seats there, I just would not get the ventilated seats. They wrote on the purchase agreement that their cost for the wood trim was 600 and for the heated seats 799. So, already I just realized that this exceeds the 1290 they quoted for the premium package if I ordered from the factory, but I guess since they said they are throwing that in....I should not worry much. So, based on the manual they tell me the actual selling price for me is $31,259. and there is a tax charge of 937.00 a license fee of 124.00 and a documentation fee of 425.00 - taking the car total on a manual to $32,744.77. Is this a bad deal? They told me if they did this with an automatic...the OTD would be $35,000. Appreciate any advice... |
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Replying to: cyrus1000 (Nov 10, 2007 6:35 pm)
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Replying to: rinraleigh (Nov 11, 2007 3:37 pm) |
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Thanks to all the peeps for detailing their deals so its my responsibility to list my deal for others to see. I got a bang up deal on a No Nav, basic package SGM w/ black interior 2008 IS350 at Tustin Lexus (Tustin, CA) on 11/10. My options were: o Premium Pkg o HD HID headlamps o FT 18" wheels o Z2 Pref Accessory pkg (mats, net, bumper applque...) o XM rado o rear spoiler MSRP was $40-41k and change. Purchase price was $39000 OTD (8.25% tax rate) or about $100 below KBB.com invoice. I live in San Francisco Bay Area but was at Dizzyland w/ the family, so I emailed local dealers and told them make me a deal before I fly back home. My intial goal was $1k above invoice based on past posts on this forum. I visited Westminister and Longo Lexus (El Monte). Longo had the car I wanted at $39400 OTD minus the XM and rear spoiler. At the last minute I decided to call a dealer w/in 30 minutes from home. I called an internet manager and she said they would match Longo (w/ same options) at $39500 OTD so I decided to fly back and pickup the car. A diff of $100 wasn't worth having to drive 300+ miles back to N. Cal. Long story short, Tustin called late Saturday and said they would beat the deal and throw in the 2 options (spoiler and xm radio). Factors that helped: my credit rating is in the highest teir, I agree to give 100% customer satisfaction feedback, 50% downpayment in cash, and I financed w/ the dealer. Factors that may have affected the deal: Nov is a short sales month due to holidays and dealer had excess inventory. In the prior month I tried to get local dealers to try to touch $1k above invoice. Best deal was $2k below msrp. Sacramento Lexus was an appalling $1k below MSRP!
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Took delivery on Saturday. Love that car! MSRP was $40,005 and I paid $36,100. I think I got a great deal!!!! Anyone top $3,900 below sticker?
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Replying to: jvalha (Nov 12, 2007 11:38 am) |
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Replying to: jvalha (Nov 12, 2007 11:38 am) Thanks
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