Invoice Pricing on IS250/IS350
#1
Driver School Candidate
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Join Date: Oct 2005
Location: CA
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Invoice Pricing on IS250/IS350
Hey guys, this is my first post, so if I'm putting this in the wrong place...be kind.
Also, don't know if this will really help anyone as I don't think anyone is going to pay less than MSRP for a while.
9501 Model IS250 6 Speed Manual RWD
MSRP: $29,990
Invoice: $26,389
9502 Model IS250 6 Speed Automatic RWD
MSRP: $31,160
Invoice: $27,419
9506 Model IS250 6 Speed Automatic All Wheel Drive
MSRP: $34,285
Invoice: $30,168
9510 Model IS350 6 Speed Automatic RWD
MSRP: $35,440
Invoice: $31,186
Options:
NV - Voice Activated Navigation System with Backup Camera
MSRP: $2,550
Invoice: $2,168
PT - Premium Package (Perforated & Heated Seats and Wood Trim)
MSRP: $1,290
Invoice: $1,032
Also, don't know if this will really help anyone as I don't think anyone is going to pay less than MSRP for a while.
9501 Model IS250 6 Speed Manual RWD
MSRP: $29,990
Invoice: $26,389
9502 Model IS250 6 Speed Automatic RWD
MSRP: $31,160
Invoice: $27,419
9506 Model IS250 6 Speed Automatic All Wheel Drive
MSRP: $34,285
Invoice: $30,168
9510 Model IS350 6 Speed Automatic RWD
MSRP: $35,440
Invoice: $31,186
Options:
NV - Voice Activated Navigation System with Backup Camera
MSRP: $2,550
Invoice: $2,168
PT - Premium Package (Perforated & Heated Seats and Wood Trim)
MSRP: $1,290
Invoice: $1,032
#2
Accessories
Originally Posted by es250guy
Hey guys, this is my first post, so if I'm putting this in the wrong place...be kind.
Also, don't know if this will really help anyone as I don't think anyone is going to pay less than MSRP for a while.
Also, don't know if this will really help anyone as I don't think anyone is going to pay less than MSRP for a while.
Alloy wheels: MSRP port installed $2450 w/ tires, $1800 dealer cost.
Ground effects Kit: MSRP port installed $1500 each piece (rear, side, front), $1100 each dealer cost.
Trunk mat: $70 MSRP, $38 dealer cost
Cargo net: $60 MSRP, $24 dealer cost
Floor mats $$95 MSRP, $54 dealer cost
No pricing available for XM or Sirium Satellite Radio or HKS exhaust. Also, no labor hours on this.
#3
Why does lexus' site only have the navi package and premium package when you try to build a IS. Where are all the options such as Xenon, ML etc???
I just would like to price out a IS 250 with comparable features as a TL so I can dump the crappy TL for a closly equipped IS.
I just would like to price out a IS 250 with comparable features as a TL so I can dump the crappy TL for a closly equipped IS.
#5
I am new to CL and the whole car purchasing thing.....in fact the new Is might be my first car ever.....anyway what is the invoice price? Is it the cost that each individual dealership pays and the MSRP is the mark up that the dealership sells?
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#8
Assuming those are the actual invoice prices, seems like Lexus has left less wiggle room for the dealers than on the GS (whose invoice-MSRP diff is much greater). Still, couple the holdback with these invoice prices and one can see why Lexus dealers are so profitable.
Biker, who wonders how long it will take for a dealer to take an offer of 28K for a base 250 MT.
Biker, who wonders how long it will take for a dealer to take an offer of 28K for a base 250 MT.
#9
Originally Posted by biker
Assuming those are the actual invoice prices, seems like Lexus has left less wiggle room for the dealers than on the GS (whose invoice-MSRP diff is much greater). Still, couple the holdback with these invoice prices and one can see why Lexus dealers are so profitable.
Biker, who wonders how long it will take for a dealer to take an offer of 28K for a base 250 MT.
Biker, who wonders how long it will take for a dealer to take an offer of 28K for a base 250 MT.
#10
awesome first post!
and yes, invoice is what the dealer pays, msrp is their markup.
I have a question though. When you custom order a car from the dealership, does that somehow count against the dealer regarding how many cars they can order in a given time period?
Sorry if that is phrased badly, but basically, heres what I am wondering. Obviously, the dealer wants to make the maximum amount of profit that they can on the cars that they currently have in stock. If the cars are selling well, they aren't likely going to be cutting any deals because someone else is going to come in and be willing to pay that higher price. BUT, if you custom order a car that's coming straight from Lexus, don't you eliminate that whole scenario? I mean that's a car that they have a guaranteed sale on, which they dont need to worry about maximizing profit on, because it's not sitting around the lot. So it seems to me that dealers cutting you a deal on a special ordered car would be a win, win situation for both of you, unless I am missing something here?
and yes, invoice is what the dealer pays, msrp is their markup.
I have a question though. When you custom order a car from the dealership, does that somehow count against the dealer regarding how many cars they can order in a given time period?
Sorry if that is phrased badly, but basically, heres what I am wondering. Obviously, the dealer wants to make the maximum amount of profit that they can on the cars that they currently have in stock. If the cars are selling well, they aren't likely going to be cutting any deals because someone else is going to come in and be willing to pay that higher price. BUT, if you custom order a car that's coming straight from Lexus, don't you eliminate that whole scenario? I mean that's a car that they have a guaranteed sale on, which they dont need to worry about maximizing profit on, because it's not sitting around the lot. So it seems to me that dealers cutting you a deal on a special ordered car would be a win, win situation for both of you, unless I am missing something here?
#11
Lexus Champion
Originally Posted by the_ez_rhino
I have a question though. When you custom order a car from the dealership, does that somehow count against the dealer regarding how many cars they can order in a given time period?
#13
Originally Posted by biker
Assuming those are the actual invoice prices, seems like Lexus has left less wiggle room for the dealers than on the GS (whose invoice-MSRP diff is much greater). Still, couple the holdback with these invoice prices and one can see why Lexus dealers are so profitable.
Biker, who wonders how long it will take for a dealer to take an offer of 28K for a base 250 MT.
Biker, who wonders how long it will take for a dealer to take an offer of 28K for a base 250 MT.
However, holdbacks are sales incentives for the dealers. In general, Lexus offers very low holdbacks. "Holdback" is what Edmunds and KBB calculate into discount when they say how much discount per car does any brand give. For example, I know for Toyota brand it is only $900, while for Lexus is even less. So I would think it would be quite impossible in general to get IS250 for 28k due to lower $$ they make on it. Plus it is still not supposed to be really an volume car like ES or RX, which has you can get off MSRP just because sheer numbers of sales.
GM for example gives on 4k per average but this is only from GM itself, not included any other incentives from dealers themselves, taken out of their margins.
#14
Originally Posted by spwolf
Dealer margins in automotive business are % base... Lexus gets some of the biggest margins - between 12% and 13%. So, 50k car has a lot bigger margin than 30k.
However, holdbacks are sales incentives for the dealers. In general, Lexus offers very low holdbacks. "Holdback" is what Edmunds and KBB calculate into discount when they say how much discount per car does any brand give. For example, I know for Toyota brand it is only $900, while for Lexus is even less. So I would think it would be quite impossible in general to get IS250 for 28k due to lower $$ they make on it. Plus it is still not supposed to be really an volume car like ES or RX, which has you can get off MSRP just because sheer numbers of sales.
GM for example gives on 4k per average but this is only from GM itself, not included any other incentives from dealers themselves, taken out of their margins.
However, holdbacks are sales incentives for the dealers. In general, Lexus offers very low holdbacks. "Holdback" is what Edmunds and KBB calculate into discount when they say how much discount per car does any brand give. For example, I know for Toyota brand it is only $900, while for Lexus is even less. So I would think it would be quite impossible in general to get IS250 for 28k due to lower $$ they make on it. Plus it is still not supposed to be really an volume car like ES or RX, which has you can get off MSRP just because sheer numbers of sales.
GM for example gives on 4k per average but this is only from GM itself, not included any other incentives from dealers themselves, taken out of their margins.
#15
Originally Posted by spwolf
However, holdbacks are sales incentives for the dealers. In general, Lexus offers very low holdbacks. "Holdback" is what Edmunds and KBB calculate into discount when they say how much discount per car does any brand give. For example, I know for Toyota brand it is only $900, while for Lexus is even less. So I would think it would be quite impossible in general to get IS250 for 28k due to lower $$ they make on it. Plus it is still not supposed to be really an volume car like ES or RX, which has you can get off MSRP just because sheer numbers of sales.
.
.
Sorry if that is phrased badly, but basically, heres what I am wondering. Obviously, the dealer wants to make the maximum amount of profit that they can on the cars that they currently have in stock. If the cars are selling well, they aren't likely going to be cutting any deals because someone else is going to come in and be willing to pay that higher price. BUT, if you custom order a car that's coming straight from Lexus, don't you eliminate that whole scenario? I mean that's a car that they have a guaranteed sale on, which they dont need to worry about maximizing profit on, because it's not sitting around the lot. So it seems to me that dealers cutting you a deal on a special ordered car would be a win, win situation for both of you, unless I am missing something here?