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Prices Paid: Buying & Leasing Experiences Lexus ES 350 Prices Paid and Buying Experience
2017 messages, Last post on Jul 04, 2009 at 1:31 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: beck1019 (Dec 14, 2008 6:33 pm)
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Replying to: imjunho (Dec 16, 2008 6:27 pm)
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..hope this will benefit some of you. Just Closed (bought NOT lease) for 3000 under Invoice (and pretty happy with the car, and the deal). Premium Package, non-nav, but with most other including Spare, Heated/ventilated seats, Wood trim, Rear airbags, (Bay Area CA). 08's you should be able to get atleast 2500 under invoice, and 09's close to/just below Invoice. Lexus doesnt advertise about this for the ES, but if you ask any dealer they should be able to give you 2.9% financing upto 60months. (So ask)., and approx 5.5% for above 60 months. I used the Lexus coupon for 750 (from last Summer event)- as good as cash- they will apply to your down payment.
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Replying to: bluer0cks (Dec 16, 2008 10:55 pm) |
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Is there currently any dealer incentives for the 08 or 09 Lexus ES 350 I don't see any otherthan the finance deals and loyalty programs. How are people getting below or near invoice for these cars. I can't seem to find these incentives on the edmunds website. |
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Replying to: beck1019 (Dec 16, 2008 7:13 pm)  hotmail.com. Thanks.
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Hello All, I plan to make an offer on a 09 ES 350 level III (premium plus w/Nav+Park Assist). I plan to offer just under invoice, 36K. Invoice is 36.5K. My target date to buy is the weekend after Christmas. I live near ATL, if anyone has recently purchased in the ATL area please let me know of your buying experience. I do know that Lexus' November sales were off by 30% from 07 and that they halted production at their plant in Japan for 3 days, not sure which model(s) they stopped production on. Knowledge and correct information is our best weapon to get the best deal. 3K under invoice is fantastic!!. Not sure if they will go that low in ATL on a car that has MSRP of $41.5k, that would amount to a 8K discount. Although nothing wrong with trying. If you look at the 08 Infiniti M-35 that car can be bought for 36K+TTL (MRSP is 48K) right now, but the M isn't selling. Selling a car that low hurts the resale value, probably something Lexus would rather not do. But these are unique times. Who knows??....Didn't mean to get long-winded. I'm excited!!, can't wait to have my ES with me......  . I'll keep group informed of my experience. Cheers!!
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Replying to: bluer0cks (Dec 16, 2008 10:55 pm)
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Replying to: beck1019 (Dec 16, 2008 7:13 pm) yahoo.com
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Replying to: lexpaul (Dec 17, 2008 8:25 pm) - I got an 08. Not an 09. I did not see ANY difference between 08 and 09 models.(Like I said, even for an 09, you should be able to get close to or below Invoice). Dealers have ways of applying their bulk discounts, dealer incentives etc, that allow them to sell below invoice and still make a profit. The financing I mentioned in my previous post (2.9% for 60 mos, or 5.5% upwards to 60 mos) should be good on 09 cars as well. Just ask them and say you want it. Make that the condition for buying. They will work with the banks or credit unions or whoever to make it happen. (You will need to authorize them for a credit application- so be prepaed)(Good credit being the condition ) Dont even talk about MSRP- who cares about that number now? I did about 6 months research and narrowed down. Used Consumer Reports, NADA, and Edmunds to get MSRP vs. actual dealer Invoice prices on each item. I think Edmunds.com says not to mention dealership names, and sales person names, but I am assuming "not to mention in a bad sense". Dont see why it's wrong to post a good posting- especially if it helps readers. So I'll submit this at the risk of the posting being deleted. Putnam Lexus in San Mateo (Bay Area, CA)- Call and ask for a person called Ashwani Kumar. There are good and bad sales people at every single dealer ship. (Which is why you see good and bad ratings for the same dealership and wonder where to go- coz they all look the same). I must say that I never got a single round of BS from this guy in the 4 months I took to close the deal. (And I talked to almost every single dealership here) Negotiations were absolutely professional- and even a good experience. Not cheap haggling. My experience- Got a great car for a great price, and solid buying experience. (Make sure to check Invoice prices on Edmunds for your options, so you know what to ask for). |
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