$26k down payment for ES?
Lexus Fanatic
Joined: May 2012
Posts: 68,631
Likes: 4,045
From: Maryland
Anyways, you should only lease if:
1. You can write a vehicle off as a business expense
2. You will wind up trading it every 3-5 years anyways
Otherwise, you should buy it from the get go.
If you see yourself keeping this car a long time, and you have the cash then put the cash down, buy it and get the payments you're comfortable with.
Intermediate
Joined: Dec 2009
Posts: 364
Likes: 94
From: Ct
I had the cash for about half of my 2019 ES 350 UL. I drive a lot of miles. I kept my older 2010 ES 350 until now with 170,000 miles and it still drove great! So I buy to own. At 73 this well be my last new car! I have a home loan to finance larger purchases such as this. Then pay it off as quick as possible. Usually a few years. Smart money managers can probably advise you on how to save a few bucks with other ways to finance. But I just went car shopping one Saturday and within a few hours shook hands on mine because I had the money waiting and I really liked my colors inside and out. UL's were a bit scarce in my local area right then. Good luck!
Driver School Candidate
Joined: Jan 2019
Posts: 5
Likes: 0
From: NJ
Hey I am also shopping around for a New ES in New Jersey. So far this is the best I can do through email at about 9% dealer discount off msrp plus $1500 factory rebate. Not enough discount for me to pull the trigger yet lol.
One dealership in NJ quoted me $50074 Out the door (including all taxes, fees, and $1500 factory rebate) on a Fsport with msrp of $52,070.
Another quoted me $50300 out the door on a fsport with mrsp of $52,700.
One dealership in NJ quoted me $50074 Out the door (including all taxes, fees, and $1500 factory rebate) on a Fsport with msrp of $52,070.
Another quoted me $50300 out the door on a fsport with mrsp of $52,700.
Lexus Test Driver
Joined: Jul 2017
Posts: 9,593
Likes: 3,411
From: NJ
Hey I am also shopping around for a New ES in New Jersey. So far this is the best I can do through email at about 9% dealer discount off msrp plus $1500 factory rebate. Not enough discount for me to pull the trigger yet lol.
One dealership in NJ quoted me $50074 Out the door (including all taxes, fees, and $1500 factory rebate) on a Fsport with msrp of $52,070.
Another quoted me $50300 out the door on a fsport with mrsp of $52,700.
One dealership in NJ quoted me $50074 Out the door (including all taxes, fees, and $1500 factory rebate) on a Fsport with msrp of $52,070.
Another quoted me $50300 out the door on a fsport with mrsp of $52,700.
Driver School Candidate
Joined: Jan 2019
Posts: 5
Likes: 0
From: NJ
Did the 10% off msrp include any rebates? Right now with the rebate is about 12% off msrp. I am hoping to get around 15% msrp before I am willing to pull the trigger. maybe have to wait till September when the 2020 model is about to roll out.
Lexus Test Driver
Joined: Jul 2017
Posts: 9,593
Likes: 3,411
From: NJ
10% was before additional rebates etc.. 2020 may not roll out that early - hard to tell as I've seen them hold off until January in some cases for the next model year release.
Intermediate
Joined: Jan 2016
Posts: 303
Likes: 36
From: va
Getting ready to retire.
I stepped down from a luxury vehicle and got the 2018 Honda Accord Hybrid Touring. It's a nice car but there are buggy issues with it and really, I am feeling the dissatisfaction of stepping down from a luxury vehicle.
After a year of ownership, I am ready to trade it in for a 2019 Ultimate Luxury ES 350 or ES 350h Hybrid.
However, to get the payment down to a comfortable $400 a month range I would have to put down about $26k.
Of course, I am financing to own, so I am just paying into the ownership of a vehicle I plan to keep for many, many years.
Am I crazy even considering this to own what I would consider being my dream retirement vehicle?
PS: Does the 350 series have a Heads-Up display? Seems to disappear when I add the Mark Levinson Navigation/Audio package
I stepped down from a luxury vehicle and got the 2018 Honda Accord Hybrid Touring. It's a nice car but there are buggy issues with it and really, I am feeling the dissatisfaction of stepping down from a luxury vehicle.
After a year of ownership, I am ready to trade it in for a 2019 Ultimate Luxury ES 350 or ES 350h Hybrid.
However, to get the payment down to a comfortable $400 a month range I would have to put down about $26k.
Of course, I am financing to own, so I am just paying into the ownership of a vehicle I plan to keep for many, many years.
Am I crazy even considering this to own what I would consider being my dream retirement vehicle?
PS: Does the 350 series have a Heads-Up display? Seems to disappear when I add the Mark Levinson Navigation/Audio package
es300h
Philip
2019 ES300h UL eminent white pearl/chateau
2019 NX300h L eminent white pearl/crème
gone
2016 ES300h UL eminent white pearl/parchment
2015 NX300h L atomic silver/black
Thread Starter
Driver
Joined: Dec 2009
Posts: 179
Likes: 25
From: NJ,
After getting a really incredible offer from Lincoln on their MKZ loaded Hybrid, I visited my local Ray Catena Lexus dealer.
The guys were really nice there. The dealership looked like a luxury hotel. No doubt I was in a pricey car dealership.
First of all, The Ultimate Luxury 300h Hybrid I wanted was not available in all the specs I wanted. They told me it would take 5-8 months to build it to specs.
They did find a luxury hybrid that was missing some of the features I wanted for about $50,800.
That was about $4k more than what Lincoln was giving me on their MKZ.
However, with my Honda trade-in, Lincoln was giving me the MKZ for $339 month no money down except $2k destination, final charges.
Lexus, on the other hand, with my Honda trade-in, was quoting me $700 payments per month with no money down on a $50k vehicle they had in stock.
I don't get why Lexus was so incredibly, incredibly high. I wasn't even getting the exact car I wanted.
So, I went with the Lincoln MKZ loaded.
The guys were really nice there. The dealership looked like a luxury hotel. No doubt I was in a pricey car dealership.
First of all, The Ultimate Luxury 300h Hybrid I wanted was not available in all the specs I wanted. They told me it would take 5-8 months to build it to specs.
They did find a luxury hybrid that was missing some of the features I wanted for about $50,800.
That was about $4k more than what Lincoln was giving me on their MKZ.
However, with my Honda trade-in, Lincoln was giving me the MKZ for $339 month no money down except $2k destination, final charges.
Lexus, on the other hand, with my Honda trade-in, was quoting me $700 payments per month with no money down on a $50k vehicle they had in stock.
I don't get why Lexus was so incredibly, incredibly high. I wasn't even getting the exact car I wanted.
So, I went with the Lincoln MKZ loaded.
Last edited by NJRonbo; Apr 24, 2019 at 12:30 AM.
Intermediate
Joined: Jan 2016
Posts: 303
Likes: 36
From: va
After getting a really incredible offer from Lincoln on their MKZ loaded Hybrid, I visited my local Ray Catena Lexus dealer.
The guys were really nice there. The dealership looked like a luxury hotel. No doubt I was in a pricey car dealership.
First of all, The Ultimate Luxury 300h Hybrid I wanted was not available in all the specs I wanted. They told me it would take 5-8 months to build it to specs.
They did find a luxury hybrid that was missing some of the features I wanted for about $50,800.
That was about $4k more than what Lincoln was giving me on their MKZ.
However, with my Honda trade-in, Lincoln was giving me the MKZ for $339 month no money down except $2k destination, final charges.
Lexus, on the other hand, with my Honda trade-in, was quoting me $700 payments per month with no money down on a $50k vehicle they had in stock.
I don't get why Lexus was so incredibly, incredibly high. I wasn't even getting the exact car I wanted.
So, I went with the Lincoln MKZ loaded.
The guys were really nice there. The dealership looked like a luxury hotel. No doubt I was in a pricey car dealership.
First of all, The Ultimate Luxury 300h Hybrid I wanted was not available in all the specs I wanted. They told me it would take 5-8 months to build it to specs.
They did find a luxury hybrid that was missing some of the features I wanted for about $50,800.
That was about $4k more than what Lincoln was giving me on their MKZ.
However, with my Honda trade-in, Lincoln was giving me the MKZ for $339 month no money down except $2k destination, final charges.
Lexus, on the other hand, with my Honda trade-in, was quoting me $700 payments per month with no money down on a $50k vehicle they had in stock.
I don't get why Lexus was so incredibly, incredibly high. I wasn't even getting the exact car I wanted.
So, I went with the Lincoln MKZ loaded.
was 55600
I paid 50000
as far a the MKZ goes all I can say is good luck
Philip
2019 ES300h UL eminent white pearl/chateau
2019 NX300h L eminent white pearl/crème
gone
2016 ES300h UL eminent white pearl/parchment
2015 NX300h L atomic silver/black
Lexus Fanatic
Joined: May 2012
Posts: 68,631
Likes: 4,045
From: Maryland
After getting a really incredible offer from Lincoln on their MKZ loaded Hybrid, I visited my local Ray Catena Lexus dealer.
The guys were really nice there. The dealership looked like a luxury hotel. No doubt I was in a pricey car dealership.
First of all, The Ultimate Luxury 300h Hybrid I wanted was not available in all the specs I wanted. They told me it would take 5-8 months to build it to specs.
They did find a luxury hybrid that was missing some of the features I wanted for about $50,800.
That was about $4k more than what Lincoln was giving me on their MKZ.
However, with my Honda trade-in, Lincoln was giving me the MKZ for $339 month no money down except $2k destination, final charges.
Lexus, on the other hand, with my Honda trade-in, was quoting me $700 payments per month with no money down on a $50k vehicle they had in stock.
I don't get why Lexus was so incredibly, incredibly high. I wasn't even getting the exact car I wanted.
So, I went with the Lincoln MKZ loaded.
The guys were really nice there. The dealership looked like a luxury hotel. No doubt I was in a pricey car dealership.
First of all, The Ultimate Luxury 300h Hybrid I wanted was not available in all the specs I wanted. They told me it would take 5-8 months to build it to specs.
They did find a luxury hybrid that was missing some of the features I wanted for about $50,800.
That was about $4k more than what Lincoln was giving me on their MKZ.
However, with my Honda trade-in, Lincoln was giving me the MKZ for $339 month no money down except $2k destination, final charges.
Lexus, on the other hand, with my Honda trade-in, was quoting me $700 payments per month with no money down on a $50k vehicle they had in stock.
I don't get why Lexus was so incredibly, incredibly high. I wasn't even getting the exact car I wanted.
So, I went with the Lincoln MKZ loaded.
Give it a few months and deals on the ES will improve dramatically. Will never be as cheap as the MKZ though because it doesn't have to be, but you'll be able to lease an ES for $500-600.
Thread Starter
Driver
Joined: Dec 2009
Posts: 179
Likes: 25
From: NJ,
Beautiful car. Really gorgeous. Congrats.
As far as the price, it's mind-boggling to me how my local dealer was quoting me not only an outrageous lease price but couldn't find a loaded hybrid vehicle anywhere.
As far as the price, it's mind-boggling to me how my local dealer was quoting me not only an outrageous lease price but couldn't find a loaded hybrid vehicle anywhere.
Lexus Fanatic
Joined: May 2012
Posts: 68,631
Likes: 4,045
From: Maryland
Your MKZ was a lot cheaper, but its also much less car compared to the all new ES...which is why Lincoln has to discount them so steeply to sell them.
Driver School Candidate
Joined: Apr 2019
Posts: 1
Likes: 0
From: fl
Director of Lexus informed me that the demand for the hybrid is far bigger then they expected. Waiting times for the 300h are running from 3 till 7 months , depending on the country you live in, the UK has. now delivery october, november !
Every country gets a allocated amount of vehicles depending on projected sales, but if sales are much higher then expected these allocations run out and then you go back to the end of the queue
Every country gets a allocated amount of vehicles depending on projected sales, but if sales are much higher then expected these allocations run out and then you go back to the end of the queue
Lexus Test Driver
Joined: Jul 2017
Posts: 9,593
Likes: 3,411
From: NJ
Director of Lexus informed me that the demand for the hybrid is far bigger then they expected. Waiting times for the 300h are running from 3 till 7 months , depending on the country you live in, the UK has. now delivery october, november !
Every country gets a allocated amount of vehicles depending on projected sales, but if sales are much higher then expected these allocations run out and then you go back to the end of the queue
Every country gets a allocated amount of vehicles depending on projected sales, but if sales are much higher then expected these allocations run out and then you go back to the end of the queue
Instructor
Joined: Jul 2016
Posts: 894
Likes: 255
From: califronia
Hi Ron they called back today
The car ultra lux w color and options is not in inventory
but to give u an idea of no trade
619 including tax with 3000 out of pocket
not a great deal.
But wanted to share
prestige in Ramsey hasn’t called back
englewood did. With your trade it’s going to be even more challenging
goos
luck
but to give u an idea of no trade
619 including tax with 3000 out of pocket
not a great deal.
But wanted to share
prestige in Ramsey hasn’t called back
englewood did. With your trade it’s going to be even more challenging
goos
luck