WiLz

You first visit the Costco auto program website: http://www.costcoauto.com/enterzipco...2fdefault.aspx
There you submit the information about the car you want, your location, your contact info, and your Costco membership number and they'll match you with a nearby dealership. You get some kind of confirmation letter that you can bring to the dealer, but the dealer also gets sent your information so they will automatically contact you too. Costco does not tell you how much the discount will be (they just give you the MSRP and the invoice amounts).

For some dealers, you can just walk in and tell them you have a Costco membership and are looking for the Costco discount, and they will give it to you.

The dealers have a pre-negotiated price with Costco, I'm don't know if it is the same deal nationwide. During February, the price was $400 below invoice for the dealers around Southern California (that's somewhere around $3,200 off MSRP depending on the configuration and regional fees). That's the price you'll get without having to do any negotiations. Supposedly the discount changes every so often.

HOWEVER, most of the time you can do better than the Costco discount with a bit more negotiating. So go ahead and ask the dealer what the Costco discount is, but then try to get them to give you a lower price than that.

taikien

I was offered Ultra white - red interior
Msrp 49000ish
Buying price 42500 +ttl
Over 6500 off
Park Place Lexus grapevine TX.

randomshop

Did you take it? Was this after any cash back (college graduate?) If you don't mind PM'ing me the contact info, please do! Shopping in Houston today, but wouldn't mind coming up to Dallas. Thanks!

freakachu

RWD IS250 F Sport w/ Navigation Ultra White - Red Interior

MSRP: 43000 ish
OTD: 40,500

FuYun

With or without any rebates i.e. college grad, APR cash? If without, that is a killer deal on a 350 white/red combo!

iRyan

iTrader: (7)

The Offer im looking at is:

IS 250 F-sport non nav Silver lining/red int
$41830 msrp
Reduced to: 39k plus Ttl
$700 down
36mon /10k year
upside down on my '09 250 trade in by about 4k
$500 month
Is that a good deal??

keyframe13

Did you just ask if $500/month for a IS250 is a good lease?!

yardie876

Considering the $4k from the '09 I don't think it's that bad.

keyframe13

I think it's a very bad deal. You get an IS350 for less than that. Do yourself a favor and pay the 4k or sell it yourself. I bet the dealer low ball you on that. Than you can get a lease in the 300ish a month. My 2 cents.

iRyan

iTrader: (7)

that was the first offer they gave...i walked out and told them call me with a better offer...im also going between two dealers to see who will beat who plus waiting till end of month

taikien

Sales guy name Zack at Park Place Lexus Grapevine. I had a aprise trade of 24000. I wanted 25500 with free tint . no rebate or college grad. Just lexus loyalty 500 off.

ntrinsik

I've decided to go with a 228i, but thought any Bay Area guys might be interested to know that with just an inquiry through TrueCar, Putnam's first e-mail said they'd go 42888 on an IS350. I'd have to confirm its the F Sport + BSM + ML but thats what I specified.

FuYun

Any other confirmed deals on a 350 Ultra White/Rioja Red? Half of the dealers are using this color combo as an excuse to charge more. Very lame...

keyframe13

Do you mind sharing th edeal you got on 228. THanks

lexuslover

Taikien - when did you get your IS? I was told that there is no Lexus loyalty credit right now ...