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Lexus ES 350 Prices Paid and Buying Experience

2228 messages,  Last post on Nov 25, 2009 at 8:38 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#1577 of 2228
ES350 in the Northwest by chintubajaj
Sep 02, 2008 (12:44 pm)
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Guys,
 
I am looking for ES350 around the Northwest region. Can someone give any pointers to any good dealership which can give some good deal (I am ok with a year used vehicle too)? I am in the state of WA but dont mind going out of the state for a good deal.
 
What are the cons of looking out of state.
 
Thanks,
Chintu
#1578 of 2228
Re: Bought the ES 350 premium plus with Navi [krai] by mmenon
Sep 02, 2008 (10:37 pm)
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Replying to: krai (Sep 02, 2008 2:52 am)

hi
My license fee was close to $200 odd, and I got special financing I took 5 yrs at 3.9% APR . They charged a $50 doc fee, iPlus ofcourse the tax that is 7.75%.
 
that was all, I got it for $39600 out the door approx with tax and license.
 
thanks
#1579 of 2228
Re: Bought the ES 350 premium plus with Navi [mmenon] by ttg911
Sep 04, 2008 (2:43 am)
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Replying to: mmenon (Sep 02, 2008 10:37 pm)

I found the car my wife wanted this last weekend (Pebble Beach Edition), negotiated a good price ($36,950) but then they wanted $695 (bank fee for using Lexus special financing rate for the lease) plus $295 (dealership doc fee), plus plates and license fees. In addition, they marked up the Money Factor (should have been .00055 and they would not go lower than .00099). All in all, a good deal turned out to be not such a good deal. Does anyone who recently bought a ES know if the $695 fee and Money Factor markup is common? Thanks and we are going to watch and hopefully buy during the "December to Remember".
#1580 of 2228
Re: Bought the ES 350 premium plus with Navi [ttg911] by kyfdx HOST
Sep 04, 2008 (8:11 am)
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Replying to: ttg911 (Sep 04, 2008 2:43 am)

Virtually all leases have a bank fee (aka acquisition fee). That goes to the bank. Sometimes, dealers can markup that fee for extra profit. I'm not sure what Lexus' fee amount is, but it's at least $595, so little markup there, if any..
 
The dealer doc fee is just profit padding. Marking up the money factor is also a typical occurrence. And, as you noted, really turns a good deal into an average one..
 
Just tell them you won't pay that price, and hopefully they will come down. But, chances are, they won't. Dealers that markup the MF tend to stick with it. That killed a deal for me, last Saturday.
 
regards,
kyfdx
#1581 of 2228
Re: excellent prices in socal for 08 es 350 [ajtlaa] by sweetooth
Sep 04, 2008 (9:56 am)
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Replying to: ajtlaa (May 12, 2008 5:42 pm)

Hello Ajtlaa,
Can you please say more about your earlier message "a new es build that retails for about $36,600 including destination. the invoice is $32,920. some dealers were willing to go as low as $31,920, or $1000 below invoice"
What is this new ES build called? How do i find one?
I want a non-leather ES350 and am having a hard time..any help is deeply appreciated. Becuase of not being able to find one, i have started to look at accords and camrys now..
#1582 of 2228
Re: Bought the ES 350 premium plus with Navi [kyfdx] by ttg911
Sep 05, 2008 (4:19 am)
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Replying to: kyfdx (Sep 04, 2008 8:11 am)

Thanks for the help, kyfdx. I think my strategy going into December will be to negotiate a good price and then bring my own financing. If they want to match it with LFS financing, that's fine, but I won't pay the $695 or whatever they want to charge me. I really want to lease this car, but obviously LFS doesn't want them leased. It's funny, because on a 36 month/15k lease, the residual was only 50% at year 3, yet if you look to buy a 2-to-3 year old CPO vehicle, it's cost is roughly 75% of MSRP. Anyway, I think the good deals will continue through the year as Toyota continues to see a sales decline overall in the US. Best of luck to all.
#1583 of 2228
Re: Bought the ES 350 premium plus with Navi [ttg911] by lexusbunny
Sep 05, 2008 (8:47 am)
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Replying to: ttg911 (Sep 05, 2008 4:19 am)

I was told before that "end of the year" for dealers is February instead of December...so shouldn't it be better to negotiate in February then?
#1584 of 2228
Re: Bought the ES 350 premium plus with Navi [lexusbunny] by ttg911
Sep 05, 2008 (8:55 am)
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Replying to: lexusbunny (Sep 05, 2008 8:47 am)

Hi lexusbunny, I think the D2R starts in early December and runs through late February; so you are correct, waiting until late February would hypothetically yield the most savings. My current lease ends on January 31st, so I will start looking in December and hopefully take delivery on the first day or January or February (to avoid having to pay excise tax for a full month even though I didn’t use the car for the full month).
#1585 of 2228
Re: ES 350 quotes in Dallas [ankrishn] by ankrishn
Sep 06, 2008 (7:55 am)
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Replying to: ankrishn (Aug 27, 2008 4:41 pm)

Hi:
  
We finally bought the ES250 with Premium Plus (no Navi) at Sewell Lexus.
  
Price was 33800+ Tax 2112 (6.25%) + Tags 258 = OTD 36,170
 
The whole experience with Sewell Lexus was very pleasant. Thanks to all in this message board who helped us through this search.
#1586 of 2228
Re: ES 350 quotes in Dallas [ankrishn] by praz
Sep 06, 2008 (10:34 am)
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Replying to: ankrishn (Sep 06, 2008 7:55 am)

Congrats on your new buy. You got a good deal, approx $400 below invoice and no doc fee.

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