What discount can I expect on ES350?
11-16-06, 04:15 PM
#16
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2% of the base MSRP is what I found *most often*. But I also saw websites that said it was 2% of the total MSRP and even a couple of websites that said Lexus does not offer any holdback at all. So I'm not sure what the truth is. 
11-17-06, 04:07 PM
#17
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In CA, you can get the ES350 with Premium Plus Package with Navigation for about $200 under invoice. However, it looks like you are not in CA, unless you want to consider fly to CA and drive the car back, I don't believe this info is too helpful to you.
Just trying to help out.
Just trying to help out.
11-28-06, 12:24 PM
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11-28-06, 12:40 PM
#20
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its 2% of the base msrp, so a base es 350 will have the same holdback as one with the ultra package
11-28-06, 12:52 PM
#22
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actually, thats not "holdback." holdback is paid to me whether i sell the car right off the truck or after it sits on my lot for a year. i get the hold back regardless of when its sold.
11-28-06, 01:36 PM
#23
11-28-06, 02:35 PM
#24
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Based on my calculation from various sources edmunds, auto.yahoos.com.., your car invoice price is 36234(destination charge $715 included). After 7.77% tax + license fee 380, Out the door price is 39400. So seems like they are offering you the invoice price. And if my calculation is correct, the dealer makes about $800 out of this deal because of the holdback they'll get from the factory.
BTW, what invoice price does the dealer show you?
11-29-06, 07:39 PM
#26
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. I hope i can get around 39200-39400 OTD. 
12-02-06, 11:23 PM
#28
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In CA, you can get the ES350 with Premium Plus Package with Navigation for about $200 under invoice. However, it looks like you are not in CA, unless you want to consider fly to CA and drive the car back, I don't believe this info is too helpful to you.
Just trying to help out.
Just trying to help out.
12-03-06, 05:54 AM
#29
Lexus Test Driver
JJ, its amazing how much stuff one could learn from the forum. Also, I appreciate your honesty and "inside" info you provide across posts I have seen in both GS and ES forums. If I understand correctly you work for Lexus dealership, right? Can you please explain in more details the whole principle of "holdback"? I getting bits'n'pieces of info from different threads, but nowhere have I seen a full definition and how it works. Thanks!!!
12-03-06, 06:02 AM
#30
Lexus Test Driver
Or maybe its a dealership where they had a dozen of tranny repairs and they want to get rid off their stock? LOL!!!Either way, from everything I have read so far, CA is where you get the best deals. If you look at directory of all US Lexus dealerships, probably 70% is on West Coast. A lot of competition like this drives the price down. Here on East Coast, you get one dealer in 100 mile radius
