Buying a ES 350 in two weeks. What should I be paying for one?
06-21-16, 06:14 AM
#61
Lexus Fanatic
Originally Posted by Tacopaco
Does this mean they have the cheesy fake leather? In my next car, I don't want the Nav system but I want leather.
06-21-16, 06:33 PM
#62
What does everyone think of this offer? I'll trying to see if I should start putting feelers out now or wait til the end of month for a better deal? Or is that a myth, but I've usually waited. My only concern is there's only a couple cars in my area with the specs I want to I wouldn't want to wait and then those options are gone, any thoughts? Appreciate the help everyone. You guys are great!
Reason to buy now? - the $3000 cash incentive, which Lexus says ends June 30th. Will it be extended through July? who knows.
Also, inventory of 2016s is still pretty good now but getting to August, will start dwindling with 2017s coming.
I'm still undecided between an ES300h (new) vs RX450h (Pre-owned certified in this case to get price down).....wish I could decide!!! If I was fully decided, I would go ahead and buy ASAP.....still debating....darn....
06-22-16, 09:31 AM
#63
Driver School Candidate
I wonder what MasterQeef ended up doing. It doesn't seem like he received a lot of help here, with all the opinions of what he should and shouldn't do. Definitions for value and opinions of value price ratios, along with how to bargain ideas. I'm pretty sure MasterQeef was looking for number and options from people who have purchased within the last year. What options did you get? How much did you pay? T&L incl (OTD)? Plain and simple.
How much and what options??? That's what he wanted
How much and what options??? That's what he wanted
06-22-16, 09:43 AM
#64
Driver School Candidate
Leasing is no different than buying. You just need to understand what goes into the calculation. The residual value and money factor is set by Lexus Financial, so those are known values that your dealer should not be inflating. So just if you bought the car, leasing is the same. Negotiate the lowest possible selling price you can and the payment works itself out.
If you are "buying" new cars every 2-3 years, you're doing it wrong. If you intend to hold onto the car for 6-10 years, then yes, buying would be a better option.
Remember with leasing....you want to give them NOTHING. Make sure they are showing prices with $0 down.
If you are "buying" new cars every 2-3 years, you're doing it wrong. If you intend to hold onto the car for 6-10 years, then yes, buying would be a better option.
Remember with leasing....you want to give them NOTHING. Make sure they are showing prices with $0 down.
06-22-16, 10:02 AM
#65
If you check his profile, you'll see that he hasn't logged back in since his original post. It's hard to help someone who doesn't return to interact.
Last edited by Mike728; 06-22-16 at 11:14 AM.
06-22-16, 10:27 AM
#66
Lead Lap
Edmunds.com forums have folks on there that will list the documented current money factors and residuals, based on mileage and months term. Just pick the model forum you want and give them the factors that you need, based on your location.
I believe the numbers they will post will be based on tier 1 credit.
This way, you'll know what the money factor and residual should be, and will be able to call the dealer on it, if they try to say otherwise.
Click here
I believe the numbers they will post will be based on tier 1 credit.
This way, you'll know what the money factor and residual should be, and will be able to call the dealer on it, if they try to say otherwise.
Click here
Last edited by jtrue28; 06-22-16 at 10:33 AM.
06-22-16, 10:50 AM
#67
Lexus Fanatic
I wonder what MasterQeef ended up doing. It doesn't seem like he received a lot of help here, with all the opinions of what he should and shouldn't do. Definitions for value and opinions of value price ratios, along with how to bargain ideas. I'm pretty sure MasterQeef was looking for number and options from people who have purchased within the last year. What options did you get? How much did you pay? T&L incl (OTD)? Plain and simple.
How much and what options??? That's what he wanted
How much and what options??? That's what he wanted
In short, what he received here in terms of techniques for negotiating and knowledge is what would actually help him. Someone saying "I paid X" doesn't really tell him anything.
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