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Lexus ES 350 Prices Paid and Buying Experience

2242 messages,  Last post on Dec 06, 2009 at 7:02 PM

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


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#1637 of 2242
Re: 2009 ES350 $1500 over Invoice - Good Deal? [lexusbunny] by jano2
Oct 27, 2008 (6:25 pm)
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Replying to: lexusbunny (Oct 27, 2008 4:49 pm)

Hmmm...I would be suspicious of the freight charge. Everything might be legit, but I would try to find out more information. Where is the dealer that has the car? What is the shipping charge? Can you pick it up yourself and save the shipping fee?
#1638 of 2242
2007 ES350 w/ 17,500 miles - Great Price? by toddan
Oct 28, 2008 (11:06 am)
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I am negotiating on a Certified Pre Owned 2007 ES350 that was leased for 14 months (July 2007).
 
It has Premium Plus package as well as the following options: Nav, full size spare, HID w/ AFS, Rear Air Bags, Power sunshade, Parking assist, Wood & Leather wheel, Bluetooth, etc.
 
I have the original invoice which was $41,929 with destination charge. Best I figure, a 2008 similarly equipped has an invoice of $37,214. We have agreed to $31,490 +TTL and a $50 doc fee.
 
Can anyone comment if this is a great deal? Seems like it.
#1639 of 2242
Re: 2009 ES350 $1500 over Invoice - Good Deal? [jano2] by lexusbunny
Oct 28, 2008 (11:20 am)
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Replying to: jano2 (Oct 27, 2008 6:25 pm)

Oh I know what the fright charge is - it would be $800. The sales person said he is going to work on it and see if that can be reduced or go away (if he worked out some kind of deal with that dealer). Will see.
 
I am in Houston, the available car is in northeast region (he didn't mention state, of course), and the sales I talked to is in Dallas. I can pick it up from Dallas which is a 4 hour drive but they still have to ship the car down to Dallas first which is where the freight cost comes from. He said he can deliver it to me in Houston and I don't think he is charging me for that (didn't ask though...)
 
*IF* the freight cost worked out and I am only paying $1500 over invoice for it, will that be a good deal? I have been on here reading about ES since last year and some people managed to pay invoice or below. At this point I would think paying invoice for the 2009 is pretty difficult.
 
There is a $515 difference on the invoice price he quoted me and the number I got from nada.com. I know it is not destination charge since it is calculated already and is $825. Any idea what it is?
 
Thank you for all your help!! I really hope this works out.
#1640 of 2242
hold back and cash to dealer by rosalinday
Oct 28, 2008 (11:52 am)
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I just check the current incentives, it shows there is a $1000 cash to dealer on all ES 350. Shall I also factor in the 2%-3% holdback?
 
How do I factor in the delivery fee of $825 and ad fee?
 
any advise is greatly appreciated.
#1641 of 2242
Re: 2009 ES350 $1500 over Invoice - Good Deal? [lexusbunny] by lexus14
Oct 28, 2008 (12:55 pm)
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Replying to: lexusbunny (Oct 27, 2008 4:49 pm)

What was invoice?
#1642 of 2242
Re: 2009 ES350 $1500 over Invoice - Good Deal? [lexus14] by lexusbunny
Oct 28, 2008 (1:19 pm)
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Replying to: lexus14 (Oct 28, 2008 12:55 pm)

Ok this is the final number I got from them - $39244...and here is the break down:
 
Nada invoice: 36804
Advertising fee: 515
Freight: 425 (was 800 something and they said they will pay for half)
Plus 1500 they said they will charge over invoice
 
The total is 39244 + TTL
 
The car comes with premium plus, navigation, HID lamp, rear seat airbag, full size spare, pwr rear sunshade, int park assist, wood & leather trim steering wheel, body-side moldings, all weather mats, accessory package...I checked all these out on nada.com and it does come to 36804.
 
I guess if I don't care about the color combination it will be easier. The one I want is not available but only in the NE regions (as I was told). He said there is only one availalbe even though there are 15 coming in to port but the freight from there would be even higher.
 
Any ideas? Any comment is welcome...I really need some help! I am not very good at negotiations...
#1643 of 2242
by rosalinday
Oct 28, 2008 (3:17 pm)
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isn't $1500 over invoice too much. and you didn't mention the $1000 cash rebate from manufacturer.
#1644 of 2242
lexus14 by msballsitch1
Oct 28, 2008 (4:05 pm)
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$1500 over invoice is too much. All car dealers are hurting right now because few people can get credit. In addition to the $1,000 rebate from mfg to dealer, you should be asking for about $1,500 off. THis means you should be telling the dealer you will buy the car for $34,304(including destination) + TTL. You must be willing to walk away if they don't bite. Don't negotiate from your offer or the dealer wins. Tell them you are looking at other cars, BMW and Mercedes. Good luck.
#1645 of 2242
Re: lexus14 [msballsitch1] by lexusbunny
Oct 28, 2008 (4:57 pm)
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Replying to: msballsitch1 (Oct 28, 2008 4:05 pm)

Does anyone know how much do they actually pay for the car? If they pay invoice to get it in, they are not going to sell it at invoice or they don't make any money. So for me to ask them to go $1,500 under invoice, does that mean that they lose money? I don't want to sound rediculous but I do want to know some bases to know what I should be asking for. Thanks!
#1646 of 2242
Re: lexus14 [lexusbunny] by msballsitch1
Oct 28, 2008 (5:49 pm)
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Replying to: lexusbunny (Oct 28, 2008 4:57 pm)

Unless you work for the dealer, it is hard to pin down an actual cost. Dealers get incentives from the mfg. that are not figured into the invoice cost. For example, a higher volume dealer will get better choice of colors and special rebates. I figure the dealer has about $1K-$2K in incentives. This is on top any rebates that are advertised on Edmunds. The key is to be able to walk away right now. All dealers are hurting and traffic has slowed regardless of what they are telling you.

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