freshgrad

A month ago, I saw a 2010 Lexus IS250 that I really wanted from a Porsche Dealership. I was quoted $24,900 MSRP and have the paperwork.

Unfortunately, I hesitated and thus the car was gone before I was able to check it out in person.

Today, I see the exact same car (same VIN) at a Kia Dealership and it is now priced at $27,880. Nothing has changed to the car.

Is it worth checking it out still? Can I use anything to my advantage here when haggling?

Thank you everyone!

- Mileage: 47,429 km (29,471 miles)
- AWD
- Navigation + Backup Camera
- Pearl white exterior, black interior
- Claims: $749.21 (Front Right Corner - Repairs), $2,117.00 (Theft from Vehicle - Repairs)

metaleckz

iTrader: (9)

Hell no! Thats too expensive! Thats the price of the car 2-2.5years ago!

scott1256c

If used car dealerships there are anything like they are here, there will be "fees" attached. Ridiculous stuff like $600 to do the paperwork, or mandatory $300 2 yrs of "flat tire insurance". So the Porsche dealership may have had a price expecting to tack on $1500 in fees, whereas Kia may be expecting to tack on much less.

That might explain some of the discrepancy. Maybe Kia did some work they thought was necessary that Porsche was going to leave undone and maybe just tell you about it. Also they could just have jacked the price to give you the impression you were really talking them down when you negotiated, so you'd feel good about yourself.

In any case I agree, that price looks pretty high. Figure out a fair price, including fees, and stick to it.

penone

I think a better question you may want to ask is how the car got from the Porsche dealership to the Kia one. Did someone buy it from the Porsche dealership - not like it or want it - and then traded it in for a Kia - all in 1 month??? Is it the same company that owns both dealerships?

Sportskid1

iTrader: (1)

Dealers pass cars between each other all the time. A Porsche dealer generally deals with high end cars and that is their target audience. Since this is a more mid range car they might have had trouble selling it and passed it to a dealer with a better target audience. One way or the other if you like the car go after it. Just make sure you have a target price and stick to it. If you want to pay 24K for it go in and offer that. If they say no just walk away.

Also see if they have an internet sale team at the dealer since you have already seen the car. Most of the internet sales are fixed price (or close) as it takes to long to haggle back and forth. This you you can just email them and let them know you are interested in the car. You don't have to bother going into the dealer where they have the advantage.

StackzIS

the real question is... why would you ever pay that price for a car that has claims on it and that is nearing 6 years old now. I purchased my 09 nearly 3 years ago with 50 km's and it was awd with no accidents from a lexus dealer for in and around that price.

Please leave this one alone dude! Just some friendly advice from one Lexus enthusiast to another.

Icy350

iTrader: (18)

Patience is really the key to getting a great price. These cars come and go like hot cakes. If you cannot find one in your region im sure a neighboring state can help out. Just be patient and keep looking. The longer you're in the market, the more exposure you'll have, and the more oppurtunities. Know what you want, know how much It'll typically cost, know your budget. And just wait till the right one comes along. These cars are almost a decade so there should definitely be an abundance.

Toretto

If it's not far from you, I'd at least go negotiate. Dealers that want to move cars, always come down on the price.

-Alex

n00g7

Picked up my CPO 2012 Ventilated seats, no nav, 24k mi, just over a month ago for $25,000. That price is about $7,000 too high, and still high if in Canadian dollars.

Slammer1

My guess is that both dealerships are owned by the same company. I would pass and keep looking. Price is way too high.

nfordhk

iTrader: (2)

overpriced, move on.

MWIS350

$27k with that price I'll get used IS F or IS350 instead.

zzzIs3

That's what im talking about!!!

freshgrad

Thank you so much everyone for the extremely helpful advice! I am so glad I asked you all. I learned something from almost everyone who posted in this thread.

I've decided not to look at the car. Looks like the price is way too expensive, and the salesman did not seem very cooperative either.

DaX05

You should be on CarGurus.com looking for the best possible price and take it from there.