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Lexus ES 350 Prices Paid and Buying Experience

2237 messages,  Last post on Dec 02, 2009 at 5:11 PM

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What is this discussion about? Lexus ES 350, Car Leasing, Car Buying, Sedan


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#1170 of 2237
Re: Deal [ocautoseeker] by 4barbara
Nov 26, 2007 (12:58 pm)
Reply

Replying to: ocautoseeker (Nov 26, 2007 12:35 pm)

The 07 model had a invoice price under $30k
Am not sure about the newer model.
I've mentioned that anyone should seek the INTERNET dept not the direct sales floor when inquiring about a price. They usually give a lower price since they know you're shopping around.
Call Oxnard internet dept for the gal that works there. Tell her Mark & Barbara from Valencia, Ca told you to call. Maybe she can help on pricing.
#1171 of 2237
Buying a ES 350 at the end of December? by gtbguy
Nov 26, 2007 (7:07 pm)
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Do any of you have any insight on what buyers can expect in the way of discounts if a person were to buy at the end of December? It seems like most buyers can get $300 or so over invoice today, I wonder if we can expect to see better pricing later?
#1172 of 2237
Re: Deal [ocautoseeker] by espo1
Nov 26, 2007 (8:04 pm)
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Replying to: ocautoseeker (Nov 26, 2007 12:35 pm)

Thanks for the reply. Yes you answered my question but what about the invoice? Did you see it and the $1070 was what you paid over the invoice? What I'm seeing in some cases and what was offered to me was $2000 over. and being told it was $1000 over. I have not seen the invoice but hey invoices can be printed with anything on them. Sorry I'll be in Santa Monica. Newport is a little bet of a trip or I would visit them.
#1173 of 2237
Good Deal? by rcole714
Nov 26, 2007 (8:08 pm)
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Received the following quote on an '08 ES 350 FWD, list with accessories (principally Premium Plus package, HID adaptive lights, NAV, and rain sensing wipers) is $41,912. They are offering at $38,100.
 
Lease arrangements as follows for 39 month, 12K miles:
Residual 57%
MF .00230 with no additional buy down of the factor.
Monthly lease is $539.
 
Looking to close the deal before month end. Any insights are greatly appreciated.
 
rc in NJ
#1174 of 2237
Re: Deal [espo1] by ocautoseeker
Nov 26, 2007 (10:38 pm)
Reply

Replying to: espo1 (Nov 26, 2007 8:04 pm)

18186 VEHICLE INQUIRY REPORT DATE: 10/10/07
DCV920 TIME: 07:20
Model Number: 9000A SERIAL # :82173228 Check Code: 5
 
Model Description: ES350 4-DR SEDAN Category ..........: F
Year ............: 2008 Current Dealer ....: XXX-XXXX
Interior Color ..: LB25 LB25 Wholesale Dealer ..: XXXXX
Exterior Color ..: 0212 OBSID Previous Dealer ...: XXXXX
Body ............: 4-DOOR SEDAN Invoice Date ......:
Number of Cyl ...: 6 Ship Date .........:
Allocation Number: 095 Retail Date .......:
Engine Number ...: 0429739 Date of First Use .:
Vessel Number ...: 194 LDRC ..............: NO
Vessel Name .....: NEWCEN2 V147 Damage ............: NO DAMAGE
PDI ...............: NO
Fleet .............: NON-FLEET
Port PDS Complete .: NO
 
VIN .............: N/A
Ignition Key.....: N/A
 
Factory Installed Accessories: PA UL VN
Port Installed Accessories ..: Z1
 
Retail Dealer
Vehicle Base Model ....................: $ 33720.00 $ 28888.00
Total Accessories .....................: $10327.00 $ 8303.00
 
# PERFORMANCE FEATURES
* 3.5 Liter 272HP Four Cam 24-Valve V6 Engine
All-Aluminum Engine Construction & Dual VVT-i
* 6-Speed Automatic Transmission w/Sequential Shift
* Front Wheel Drive
* Dual Exhaust with Chrome Finished Tips
* 4-Wheel Independent MacPherson Strut-Type
Suspension with Gas Pressurized Shock Absorbers
Front and Rear Stabilizer Bar
* 4-Wheel Power Assisted Ventilated Front/Solid
Rear Disc Brakes
* 17" Aluminum Alloy 7-Spoke Wheels
* 215/55R17 All-Season Tires
# SAFETY FEATURES
* Dual Front Airbags, Dual Front Knee Airbags, Front
Seat-Mounted Side Impact Airbags, Fr & Rr Side
Curtain Airbags, Supplemental Restraint Sys (SRS)
3-Point Safety Belts for All Seating Positions
* Fr & Rr Outboard Seat Belt Pretensioners with
Force Limiters
* Vehicle Stability Control (VSC) with TRAC
* 4-Wheel Anti-Lock Braking System (ABS) with
Electronic Brakeforce Distribution (EBD)
* Energy Managing Crumple Zones, Side Door Beams
* Theft-Deterrent System w/ Engine Immobilizer
* Projector-Bulb Headlamps w/ Integrated Foglamps/
Daytime Running Lights (DRL)
* Variable Intermittent Wipers with Mist Control
* Tire Pressure Monitor System
* Tool Kit and First Aid Kit
# LUXURY AND CONVENIENCE FEATURES
* SmartAccess with Push Button Start/Stop
* 10-Way Power Adjustable Driver & Passenger Seats
includes 2-way Power Lumbar
* Electrochromic Auto-Dimming Interior Mirror
* Heated Outside Mirrors
* One-Touch Open/Close Pwr Tilt-and-Slide Moonroof
* Automatic Dual Zone Climate Control
* Automatic On/Off Headlamps
* Lexus Premium Audio System w/In-Dash 6-Disc CD
Player Automatic Sound Levelizer (ASL) & MP3
Player Connectivity (miniplug) & 8-Speakers
* Power Front and Rear Windows with Auto One-
Touch Up/Down and Pinch Protection
* Power Door Locks with Anti-Lock Out
* Power Tilt/Telescoping Steering Wheel w/Audio &
Display Functions & Column-Mounted Cruise Control
* Key FOB-Integrated Multi-Function Remote Entry Sys
* Rear Glass Imprinted Antenna w/FM Diversity Sys
* Front Cup Holders with Adjustable Holder Ring
* Rear Arm Rest with Cup Holders
* Heavy-Duty Rear Window Defogger with Timer
* Scheduled Maintenance Indicator Light
* Lexus Personalized Settings
* LED Interior Lighting
* Carpeted Floor Mats
Retail Dealer Total
Vehicle Base Model ..........................:$ 33720.00 $ 28888.00 $ 33720.00
Intuitive Parking Assist ................... 500.00 400.00
Luxury Package Includes: ................... 5380.00 4378.00
Perforated Leather Trim Interior w/Memory Dri
& Front Passenger''s Seats, Outside Mirrors, P
Tilt/Telescoping Wood & Leather Trimmed Steer
Wheel, Panorama Glass Roof, Heated & Ventilat
Front Seats, High Intensity Headlamps (HID) w
Dual Swivel Adaptive Front Lighting System, P
Rear Sunshade, Rear Seat Side Airbags, Driver
Power Cushion Extender, Rain-Sensing Wipers,
Bluetooth, 10-Spoke Graphite Wheels with Full
Spare Tire .................................
Navigation/Mark Levinson Premium Audio Packag 4250.00 3408.00
Voice-Activated Navigation System w/Rear Came
Bluetooth, Mark Levinson Premium Suround Audi
with 14-Speakers, In-Dash 6-Disc DVD/CD Chang
and Cassette Player ........................
Preferred Accessory Package: ............... 197.00 117.00
--------- --------- ---------
Total Accessories ...........................: $10327.00 $ 8303.00 $10327.00
Destination Charge ..........................: $ 765.00 $ 765.00
TDA .........................................: $ 422.00
Dealer Holdback .............................: $ 674.00
Whsl. Financial Reserve .....................: $ 337.00
--------- ---------
Total .......................................: $ 39389.00 $ 44812.00
 
This is what a dealer factory invoice looks like, and as you can see, the selling price of $40,459 is $1070 over invoice. I don't know where you're getting your numbers, but depending on where you live, there will most likely be an ad fee (TDA) which is the main reason why internet websites will never match a factory invoice. They simply give you a ballpark.
 
Again, some ad fees are higher than others. For example, just did a deal on GMC Yukon Denali, and SoCal GM dealers participate in two ad campaigns (regional and group), which adds nearly 2%. I think it's a bit extreme, but it's what they are billed and it's itemized on the invoice. In that case, I simply negotiated $1000 back of their invoice.
 
So, YES, it is very possible to see a difference between $400-$1000 on factory invoices from what you'd see on Internet invoices like Edmunds. The invoices on the Internet do take into account the dealer holdback, so other than the regional ad fee, they give you a good idea. No site is perfect.
 
If you go to the dealer, ask to see the factory invoice. If they won't show you, go elsewhere... it's that simple. Dealers need the business more than you need the car, so it behooves them to cater your requests.
 
Good luck!
#1175 of 2237
Re: Good Deal? [rcole714] by ocautoseeker
Nov 26, 2007 (11:01 pm)
Reply

Replying to: rcole714 (Nov 26, 2007 8:08 pm)

rcole714,
 
If your tax rate is 6.25%, then their quote is right on the money.
#1176 of 2237
Re: Good Deal? [ocautoseeker] by rcole714
Nov 27, 2007 (4:46 am)
Reply

Replying to: ocautoseeker (Nov 26, 2007 11:01 pm)

Tax rate here in NJ is 7%. Thanks for your input.
#1177 of 2237
Re: Deal [ocautoseeker] by rcole714
Nov 27, 2007 (4:53 am)
Reply

Replying to: ocautoseeker (Nov 26, 2007 10:38 pm)

Hi. Thanks very much for the info. I am in NJ. It appears that base markup is about 17% and options from 25% and up. Are the following negotiable at all, or are they simply charges that must be endured?
 
TDA .........................................: $ 422.00
Dealer Holdback .............................: $ 674.00
Whsl. Financial Reserve .....................: $ 337.00
 
Thanks again.
#1178 of 2237
Re: Deal [ocautoseeker] by jano2
Nov 27, 2007 (6:31 am)
Reply

Replying to: ocautoseeker (Nov 26, 2007 10:38 pm)

Thanks for this post. I always wondered what the dealer's invoice looked like. I won't be buying another car for a couple (or more) years, but this is good info. I am going to compare it against the numbers I got from my consumer's report. Is the dealers invoice something a dealership would share with you if you asked? When I was undecided if I was going to buy a Lexus or a Toyota, the Toyota salesman told me he would show me the invoice to prove what they had paid for a particular item.
#1179 of 2237
Re: Deal [jano2] by rcole714
Nov 27, 2007 (1:25 pm)
Reply

Replying to: jano2 (Nov 27, 2007 6:31 am)

I haven't asked this dealer to see the invoice, yet, tho I did that when I last bought my Ford Explorer (10 yrs ago.) They did show it to me.

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