Ok, thanks to you all for giving me feedback on my other thread - 2006 GS430 or 2007 GS350. Went and test drove a used 2007 GS350 this past week and I'm sold. It has everything but ML and has ~12K miles on it. I got them to come down on it to $38K. Based on what I calculate for an approx whole-sale value I'm sure this is still high, but I've hit up a few other lexus dealers and haven't gotten them to move much. Thoughts?

 

i think you might be able to negotiate a little more...on $$.
can't recall you situation from the previous thread, but a new '07 350 is not far from that price. a friend walked away $42 >> early Dec.

 

Sounds about right. I got mine for 46,500 OTD. So prolly around $43k or so before taxes. I would beat them down some more.

 

Back in November I got a fully loaded 07 GS350 ML/NAV/upgraded wheels with 15k miles for $36k, so I'd say you're definitely overpaying for one w.out ML.

 

I would sell my 07 gs350 w/ml for $42k.

 

Thanks everyone - looks like I was a bit too slow and they already sold it. I haven't been able to budge any of the California Lexus dealers below the $38k mark for a GS350 with less then 20K miles (either the dealers aren't hungry enough or they are still moving them briskly).

 

some of u guys are getting really good deals on brand new cars. Ive been looking into buying a brand new 08 350 but the best price i can get right now is 48 drive out. Am i looking at the wrong time or at the wrong place?

 

Good, Let's keep the resale UP.

 

Not enough info, what is the Msrp, and what options ?
My rule of thumb (in CA) is to get the car OTD for less than Msrp. So if your Msrp is 50k, otd for 48k is a great deal . . .

 

sticker price is 49,999(or somewhere around that) before tttl. Car has just navi no ML.

 

I just bought one for 46K, MSRP was $50800. So Din, you get do better. Try buying at the end of the month and deal with the internet manager.

 

46 after ttl?

Well the sales man is suppose to be one of my parents real good friend. I called my mom last night asking her to call the salesguy casue it was at the end of the month, i told her to tell him that people on clublexus have been buying their GS350 for around 46do. He told her there is no way that is possible. Said the best he could get was 3500 off the sticker price.

 

It depends on your market. How many Lexus dealerships within your driving distance? We have 3 total in 200 mile radious and 2 of them are owned by a same group. Competition is non existance so we were lucky to find the color combo we wanted and $4000 of the sticker.

 

i can think of 4 withen 100miles radius.

 

Din, No thats b4 TTL, I had a trade in, so the tax was only $700. The GS has a very high profit margin for the dealer, the diff. between invoice and MSRP is about 6000 to 6500 dollars. Your salesman can definitely do better than $3500 off.