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Prices Paid: Buying & Leasing Experiences Lexus ES 350 Prices Paid and Buying Experience
2239 messages, Last post on Dec 03, 2009 at 8:50 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: techman41973 (Feb 01, 2008 2:52 pm) On an Ultra Luxury, shoot for $500 - $750 over. No harm at starting negotiations at or below invoice, though. Remember, there will be a regional ad fee of ~ $500 on the factory invoice. So, don't be alarmed when their factory invoice does not match an invoice you pulled off the Internet. Just FYI. Good Luck! |
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Replying to: techman41973 (Feb 01, 2008 2:52 pm) Do your homework before you go in so that they know you are an educated buyer. I bought the consumers report that gave me the breakdown of the cost of the optional equipment. It told me what the dealer paid and what the MSRP price was. I think you can find the same info on edmunds for free. Shop around and compare prices - don't commit to the first good price you get. and of course read this board - it has a ton of good info! Good luck! |
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Replying to: charlieliu (Jan 31, 2008 12:07 pm) I told them I had done my research and I knew that they would be making a profit on $600 over invoice and they accepted it.
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Replying to: tuneguys (Jan 31, 2008 2:53 pm) I am not impressed with the navigation system either. I thought it was just me because I had not read the instruction manual carefully or maybe misunderstood what I read! NOW I know I am not totally ignorant! I have been very frustrated trying to put in addresses it will accept etc... We bought our kids Garmin navigation systems for Christmas and I think I should have asked Santa to bring me one, too! |
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Replying to: jmatgg (Feb 01, 2008 1:06 pm) I got the premium plus package and navigation. MSRP was about 42,300 and the price paid was 37,600. I was told the residual was 57%. I was very happy with this dealership because they offered me this price via email with -0- haggling, and also offered 484 for a 4 year deal which I strongly considered, but since I'm very fickle after 2 years, I was fine with taking the 3. I also got e-mail quotes from Lexus of Tampa Bay, who quite frankly are inflexible and unrealistic (not to mention a bit insulting). They started at 734 for a 3 year lease with $1,000 down and when I told them that price was more than I was paying for my 5 series BMW they came down to $704 as an EOM concession. Clearwater started at $689 and told me that it was there "best deal". When I told them I didn't understand how they got to that price with the residual they quoted, they came back with 656. When I told them that I had a much better deal, neither of them replied. Wilde was outstanding. The paperwork tool less than 20 minutes. It's a bit of a drive from Tampa, but well worth it from my perspective. |
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Sales for ES350 in Jan 2008 was down by almost 18% compared to Jan 2007 but 37% less than last year's average (83,000 units were sold last year which is close to 6,900 units sold per month on an average). Are buyers less interested in buying ES350 or just the economy? I think it is the economy as most of the cars posted negative growth. Any comments?
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The economy is bad and that would effect luxury cars across the board but I think the fact that Consumers Reports has said Lexus ES350 is below the industry average on reliability has to hurt sales too. Rock solid reliability has been a touchstone of the Lexus experience since day one. Comparing the current Lexus ES to the previous model it has undergone a truly precipitous drop in reliability. And this is everything from creaks and rattles to the transmission flaring that has lots filled with Certified Used ones. (Read: Former  ) In my opinion, the bundling (some might say bungling) of the Mark Levinson audio exclusively with the Nav is another mistake by Toyota too. The Nav is weak and the ML is great, you shouldn't have to take them together. I will never buy another built in NAV again, given the pace at which the Garmin (et al) continue to improve. Nothing turns buyers, even "luxury buyers", off faster than getting force fed a pricey option with what should be a relatively inexpensive one. Remember when the Europeans used to put the Xenons into $4,000 bundles. And people paid it. Ultra Luxury is a cool package but I can't swallow taking the Nav as part of the deal...to the tune of ~$10,000. That is nuts. Try to find "ultra luxury w/ no nav" anywhere. I'm not even sure they make them. Aesthetically the current Lexus ES is a homerun, far and away more attractive than the two versions that preceded it. Performance wise it sets a new benchmark for the line as well. So I think economy, reliability and poorly thought out (or just downright greedy) option packaging would be my top three reasons for the ES's abysmal sales. |
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I've been a Toyota fan for over 20 years, but my two current Toyotas have been a disappointment. Currently we have a 05 Tundra limited and a 06 Highlander limited. I find that the Toyota dealers are getting downright obnoxious with their take it or leave it attitude and my current vehicles have not been problem free. The paint is just plain terrible-stone chips everywhere. Our third car, a 97 Caddy STS with 92,000 on the clock has much better paint, but has had some reliability issues. The Toyota navigation system was designed by a moron, or by somebody that thinks I am a moron. I turned my factory Highlander system off and use a Garmin 660-at least it will accept my address! I'd like your honest appraisal of the dealers: Do they treat you like a king and bill you accordingly? Is the Lexus paint quality and nav design better than the Toyota? |
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| I am shopping for a ES350 with PM. What price should I offer to dealers? Is invoice price insulting? If yes, how much over invoice should I offer? Appreciate all feedbacks. | |
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Replying to: stoneybroke (Feb 05, 2008 9:18 pm)
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