J3ffrey

After driving a 250 for 8 years, I wish I bought a 350 back then and love the 350 I just got!!

Kevin350

Man 45k out the door for a 16 350 f sport. Here in ca they'd laugh at us if we ask for that price especially this early in the year.

isfdude

iTrader: (11)

I paid $9500 for my other 2007 is350 back in 2012 and it had 69k on it with just a few problems that I fixed after a few weeks.

mehdip

Honestly I was surprised they said yes. It was a rainy Saturday so maybe that's why? I mean there was absolutely no haggling, they said what will make you buy today and I gave them my price

Atav25

Just bought a new 2016 IS350 AWD F-sport. Couldn't be happier.
Options: Dynamic Cruise control
Nav
Heated steering wheel
Door Sills
Lip Spoiler and some extras
Msrp: 50,703 Price paid: 45,310

Kevin350

That's so awesome. When I do that they tell me lets meet half way...

mehdip

Awesome is 45,310 the OUt the door price or the sale price?

Kevin350

Awesome is 45 flat OTD.

Ciscolaw

What is everyone paying for the 2016 IS 350 right now? I am looking to get an end of the month deal this weekend. I'm in So Cal for reference.

TIA

jb0441

Hey everyone! New to the site, and trying to get my first Lexus! Went into the dealer today and started the first round of negotiations on a lease. Didnt have too much time to be in there today, so going to go back. I know I won't get CA or high competition area prices, but wondering how much lower I can expect to go on the sell price? Any other thoughts on the lease items is welcomed as well! Thanks for the help!

2016 IS350 F-sport RWD Nebula Gray/Black
Blind Spot Monitor

42 months
12k miles per year

MSRP: $45,565
Sell price: $44,250
Residual = $27,339 (60%)

Net cap = $42883.20 (includes $2,651 trade in balance as down payment)
Money factor = .00156

Monthly payments of ~ $513

Thoughts?

Gobooboo

I just leased one today.

IS 350 base with nav and premium package
$2,200 out of pocket
+ first payment and tag fee
10,000 miles for 36 months
Payment: $399 includes tax
Is this a fair deal?

The only bad thing is my car seems to be making a rattling noise like the sound of the belts. I didn't hear this on the one I test drove. Could it be a lemon?

tea

nope.......

kamranx5

leased my is350 F-sport RWD for $399 w/ $2,400 down for 12k miles/year - including taxes. MSRP says 48, negotiated price listed as 42

md1801

Without specific MSRP and negotiated price details (48 and 42 are not specific enough), your local tax rate (needed to know how competitive your deal is vs. places with a different tax rate), as well as information as to what the $2,400 down was for and the lease term in months, it's hard to make an evaluation. It could be a good deal, it could be bad. That being said, under $400/mo. on a car that stickers in the $45k price range is a good starting point.

md1801

I'd be curious to know about the difference between the selling price you noted of $44,250 and the net cap cost of $42,883.20. With your trade balance coming off the selling price, I get $1,366.80 in extra costs being rolled into these lease numbers. They are likely adding the lease acquisition fee of $700, a dealer documentation fee (usually around $200), and some licensing costs, but I'd want a better explanation of the rest of the difference.

Using the numbers you've provided elsewhere for money factor and lease term, and adding TN sales tax of 7%, I'm coming up with the monthly amount you noted, I just don't agree with the difference between selling price and net cap cost without some additional details.