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Deal or No Deal

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Old 12-05-18, 04:59 PM
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Musicfan39
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Default Deal or No Deal

I'm currently in negotiations for the 2019 ES 350. MSRP is $46,913. It includes the premium and nav packages. The dealer is willing to take $3113 off MSRP. The final OTD price is $47392 which includes tax, title, license and $395 for tent. Is this a good offer?

I've yet to discuss my trade in of my 2014 ES 350 which has 56000 miles. Carmax made an offer of $16k which is on the low end. They noted my windshield which does have a couple of rock chips. Not large, but noticeable on inspection. I've had body damage on 3 occasions and all was repaired by Lexus. Is $18000 too much to realistically ask for?

I've arranged financing for 2.73% which I'm told is a great rate!!!

Last edited by Musicfan39; 12-05-18 at 05:05 PM.
Old 12-05-18, 05:48 PM
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bc6152
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To determine a fair price for your trade-in I go online and get values from at least 3 valuation companies such as Edmund's, NADA, etc. I then average the three and use that as a bargaining point. Of course you will only get the wholesale value for your car vs. retail. I recently sold my 2013 (last week) in the CL Marketplace department. I got $6000.00 more than the dealer offered. It's not for everyone but I got a hit after three days... Picked up my 2019 today... I consider the discount fair at around 6.5%.

BTW, what is "tent"...
Old 12-05-18, 06:13 PM
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Musicfan39
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Oops, tint!
Old 12-06-18, 01:41 AM
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gemigniani
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Originally Posted by Musicfan39
I'm currently in negotiations for the 2019 ES 350. MSRP is $46,913. It includes the premium and nav packages. The dealer is willing to take $3113 off MSRP. The final OTD price is $47392 which includes tax, title, license and $395 for tent. Is this a good offer?
6.6% off the factory sticker MSRP is not much. A year ago when only the '18's were available 15-18% off MSRP was pretty routine around here (some boasted about more than that but I don't believe them). Out the door price is irrevalent. Focus on % off MSRP. Possibly you might have to wait until Spring or early summer to get 15% off.
Old 12-06-18, 02:57 PM
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mikemu30
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Originally Posted by gemigniani
6.6% off the factory sticker MSRP is not much. A year ago when only the '18's were available 15-18% off MSRP was pretty routine around here (some boasted about more than that but I don't believe them). Out the door price is irrevalent. Focus on % off MSRP. Possibly you might have to wait until Spring or early summer to get 15% off.
18s were a model on the way out. I doubt anyone will get 15%+ off MSRP on the 19 unless sales fall flat early on.

Old 12-06-18, 07:08 PM
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Originally Posted by bc6152
To determine a fair price for your trade-in I go online and get values from at least 3 valuation companies such as Edmund's, NADA, etc. I then average the three and use that as a bargaining point. Of course you will only get the wholesale value for your car vs. retail. I recently sold my 2013 (last week) in the CL Marketplace department. I got $6000.00 more than the dealer offered. It's not for everyone but I got a hit after three days... Picked up my 2019 today... I consider the discount fair at around 6.5%.

BTW, what is "tent"...
What was it like selling your car? Did the seller meet you somewhere, test drive it, then take it? Did he pay cash / money order?
Old 12-06-18, 07:38 PM
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Originally Posted by nuraman00
What was it like selling your car? Did the seller meet you somewhere, test drive it, then take it? Did he pay cash / money order?
Came to my home in Pennsylvania from Maryland, looked over the car which was in literally perfect condition, took it for a drive, went to his bank and got a bank check for payment.
After that we went to a tag place to get a transport tag for the drive back to Maryland and the rest is history... Not the first time I've done this...
Old 12-07-18, 12:00 AM
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Originally Posted by bc6152
Came to my home in Pennsylvania from Maryland, looked over the car which was in literally perfect condition, took it for a drive, went to his bank and got a bank check for payment.
After that we went to a tag place to get a transport tag for the drive back to Maryland and the rest is history... Not the first time I've done this...
Thanks.

How do you feel about inviting a stranger to your house? I guess I'm asking if that concerned you at all.
Old 12-07-18, 05:10 AM
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bc6152
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Originally Posted by nuraman00
Thanks.

How do you feel about inviting a stranger to your house? I guess I'm asking if that concerned you at all.
No, not really. I had two friends there with me. The first was Smith and the second was Wesson... I'm a retired Philly cop so have some insight with people.
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Old 12-09-18, 09:05 PM
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Clubchiman
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I just bough 2019 es350 f sport in texas and sticker was $47585 and I go it for $43,356 out the door for $45,980 out the door. Got it tinted with ceramic tint for $280.

I think if you want the best price for your trade you sell it your self. If not go to carmax like previously mention or go to texas direct I have always found them to be higher then car max and take that to the dealer to get the most cash with less hassle of selling for yourself.

I can give you the name of my guy in houston or if you closer to dallas I can give you his name too. both are easy to work with.
Old 12-10-18, 07:22 AM
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Clubchiman, the Dallas contact works for me. Thanks!
Old 12-10-18, 09:31 AM
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Originally Posted by Clubchiman
I just bough 2019 es350 f sport in texas and sticker was $47585 and I go it for $43,356 out the door for $45,980 out the door. Got it tinted with ceramic tint for $280.

I think if you want the best price for your trade you sell it your self. If not go to carmax like previously mention or go to texas direct I have always found them to be higher then car max and take that to the dealer to get the most cash with less hassle of selling for yourself.

I can give you the name of my guy in houston or if you closer to dallas I can give you his name too. both are easy to work with.
You got a better deal than I did - I had the same discount $ amount but on a much higher MSRP.
Old 12-10-18, 12:22 PM
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I am in Houston, which dealership and what is the name of the sales Concultant

Thanks

Last edited by ZMKA18; 12-10-18 at 12:44 PM.
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