jeffis250

The $1000 rebate is after $5.1k discount. Thx!

gmanusmc

Then you got a sweet deal similar to what CA buyers have been getting - nice work!
I also checked the NADA value of a well equipped 08 V6 Camry and 9k is a fair trade value.

Happy motoring!

jeffis250

My Camry was an I4, not V6.

I went to the dealer on the very last day of the month.

gmanusmc

I intentionally priced a V6 to see if maybe they tried to lowball you - the fact that it's an I4 further indicates they were fair with you on the trade. Smart move doing the deal at the end of the month.

azmojo

Like they said, it depends on how long you want to keep it and how many miles you expect to put on it, as well as if you might want to personalize it with modifications or if you want the freedom to be able to sell it without penalties at a moment's notice, as well as how much money you have or want to tie up in a vehicle vs a monthly payment.

Used vs new (or lease) is that used your only choice is what you find available for sale (not a lot of choice usually) vs. new you get one equipped how you want and the color you want. And if a used car is $x000 cheaper, is it really worth the savings for the extra year or years in age, the extra maintenance, less warranty, etc.?

ToooZeRo

10k per year approximately and i kept my G35 2005 for about 7 years now... fully paid off... sold that... bought a lexus is-f 2008 for a short time frame and sold it quickly and made a small profit... now looking at the IS350... currently driving my secondary car.. lexus es300 2001...

gmanusmc

Well, if you intend to drive the IS under 15k miles a year and only plan to keep it 2 or 3 years, a lease might be the way to go for you. Lexus currently offers high residual percentages and low money factors which, if you negotiate a great buying price, will result in a very reasonable lease payment.

track1

im in dallas and i got a TrueCar value of 35,476. is this the price im looking at OTD? or does this website not include TTL?

this was for a new 2015 is250 basic package. no navigation

Machine13

No, the TRUECar Estimate does not include TTL (or dealer fees or dealer installed accessories.)

dk01

hello,

this is an incredible deal!!!!

i've been looking at the 2015 infiniti q50 awd base without any options and i'm coming up with payments around 300-350 with 9 MSD's. this is including tax. okatkiki, does your monthly payment include taxes as well? if not it is still a great deal. i'm glad i saw this before i pulled the trigger on the q50.

i see you got almost 12% off MSRP. i'm in new jersey. anyone in ny/nj buy or lease a 2015 IS350 awd fsport recently and if so how much off MSRP were you able to negotiate? i'm looking at one for $47,669 at a dealership. would $42,000 as a selling price be reasonable or is this too low? i'm looking to lease within the next week or so. i'm coming off a lease at the end of the month.

also, just want to confirm the numbers for June:
.00090 MF
24/10k is 72%
24/12k is 71%
i calculate okatkiki's residual at 70%. is 27/10k at this rate?

my scenario:

MSRP $47,669
Negotiated Selling Price $42,000?
Rebate: $500
Term: 24months/10k
Residual at 72%: $34,322
Money Factor: .00001 (7 MSD's put down, total of $2450, which I will get all back at the end of lease)
Monthly Payment: $320.02/month including taxes (NJ 7%).

are my calculations correct and if so what do you guys think, is this possible?

thanks again.

azmojo

I was wondering if anyone can explain why they would have a $500 incentive for a lease but not for a purchase? My belief is that in a lease the car dealer sells the car to the leasing company (in this case LFS) who technically owns the car and basically rents it to you. So how/why does it make sense for corporate Lexus to incentivize leases for $500 but not purchases, or is this money perhaps actually coming from LFS as they have decided to make $500 less on each deal?

roughyear

What is meant by "7 MSD" ?? ... and how are you getting that $2450 back??

dk01

http://www.bimmerfest.com/forums/sho...d.php?t=221741

If you have the funds available then this i believe is the best way to lease luxury cars and i think the best way to utilize this is by putting down the max amount on the multiple security deposits (MSD). anything less then you may want to think about it. i just saw that the max amount of MSD's lexus allows is 9.

There are some other threads on clublexus that discuss MSD's. Just search "multiple security deposits".

Chyabrah

First post, glad came across this thread.

Looking to purchase my first lexus and was looking for some help. I am up in WA and saw limited information for this, where as CA was having ridiculous deals.

Saw one IS250 F sport on the lot with the following config..

Neb gray, black interior, AWD, blind spot monitor, backup monitor, accessory package

MSRP $44,239

Invoice $41,100 (according to edmunds)

What do you guys think is a reasonable starting offer I should make? I qualify for the college grad program which I plan to inform them after we come in agreement with a price.

Thanks!

azmojo

How hard to you want to work at it and how patient do you want to be? The WA dealers don't seem to be as competitive as CA dealers so it's hard to judge. Some of the more recent sweet CA deals have been $2000-2500 under invoice without using new grad incentives. I don't know if it's realistic to get that in WA but it is probably a good starting point. Also as we are close to the end of the month, the quarter, and the half, start playing the game now and see how aggressive they get as Jun 30th gets closer.