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Old Sep 18, 2007 | 06:56 PM
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Hello all, I am hoping to get an 08 IS350

-Premium Package
-Bi-xenon High-Intensity Discharge (HID) headlamps
-18 x 8.0-in alloy wheels
-Rear spoiler
-Preferred accessory package

for no more than $37,000.00 OTD. Is this realistic?

Thanks
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Old Sep 18, 2007 | 07:01 PM
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maybe in 18 months or so.
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Old Sep 18, 2007 | 07:05 PM
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Wow.... ehhh.... I guess anything is possible, but I dont know about that one...
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Old Sep 18, 2007 | 07:12 PM
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Originally Posted by heasyrider
for no more than $37,000.00 OTD. Is this realistic?
Remind me what the MSRP is.

And what is FL's tax for vehicles, as well as registration and license costs?
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Old Sep 18, 2007 | 07:17 PM
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My brother-in-law paid $38K OTD for the same package OTD for an '07 350. He got it at invoice price back then. I don't know about $37K. That means you have to really haggle to get approx $1K below invoice which I think is impossible for a 350. Good luck and keep us posted.
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Old Sep 18, 2007 | 07:17 PM
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that will be a great deal if u do actually get that.
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Old Sep 18, 2007 | 09:34 PM
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Invoice inluding the Lexus destination charge for the car you want is $36k, give or take a couple of hundred. Now add the 6% Florida tax ($2,160) and title/regi fees ($225). You are looking at $38,400 OTD at the least. Even though the dealer has a 2% holdback based on the MSRP, good luck getting an IS350 for rock bottom invoice. Also, most dealers have their own "prep" fee that is often between $400 and $700 that you will have to negotiate.

Realistically, I'd say the car you want would go for about $40k - $41k OTD which would be about $3k off of MSRP.
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Old Sep 19, 2007 | 07:42 PM
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Originally Posted by DropTopGal
Invoice inluding the Lexus destination charge for the car you want is $36k, give or take a couple of hundred. Now add the 6% Florida tax ($2,160) and title/regi fees ($225). You are looking at $38,400 OTD at the least. Even though the dealer has a 2% holdback based on the MSRP, good luck getting an IS350 for rock bottom invoice. Also, most dealers have their own "prep" fee that is often between $400 and $700 that you will have to negotiate.

Realistically, I'd say the car you want would go for about $40k - $41k OTD which would be about $3k off of MSRP.
Right on the money. You also have to consider it's an '08 model you're dealing with. So around >/< $40K would be your target.
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Old Sep 19, 2007 | 09:57 PM
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Originally Posted by heasyrider
I am hoping to get an 08 IS350....for no more than $37,000.00 OTD. Is this realistic?
Only if a very close relative owns the dealership.

You'll need to work hard to both find the car you want, and then take it home for under $41K.
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Old Sep 19, 2007 | 10:33 PM
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Where in florida are u? if its JM than u can forget about it
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Old Sep 20, 2007 | 06:33 PM
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Thanks for all the input. I was looking at Edmonds.com and it has the IS350 (granted it's an 07 and without the spoiler) for under $34,000.00 Invoice. Here's the link:

http://www.edmunds.com/new/2007/lexu....html?action=2

I was estimating a little over $3,000.00 for the taxes and the fees.

It looks like I would have to get it at under invoice, but, hey, I have to start low.
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Old Sep 21, 2007 | 03:06 PM
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Originally Posted by Fiko18
Where in florida are u? if its JM than u can forget about it
I'm in Boca, also. I have been to JM a couple of times. I work near Lexus of Palm Beach as well. I would be willing to go to Miami, if the price was right. I went all the way to south Miami, to get my Harley a couple of years ago. I figure I have 5 or so dealers I can talk to.
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Old Sep 21, 2007 | 03:52 PM
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Hey guys, I'm in Boca also. We've purchased Lexus(s) from JM and Palm Beach Lexus and frankly, they both are about the same when it came to the price. Neither tried to undercut the other by a margin that was worth noting. Why not simply call each of the 14 Lexus dealers in Florida and see who gives you the best deal. Then based on actual info, you can make an informed decision.
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Old Sep 22, 2007 | 06:30 AM
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Originally Posted by DropTopGal
Hey guys, I'm in Boca also. We've purchased Lexus(s) from JM and Palm Beach Lexus and frankly, they both are about the same when it came to the price. Neither tried to undercut the other by a margin that was worth noting. Why not simply call each of the 14 Lexus dealers in Florida and see who gives you the best deal. Then based on actual info, you can make an informed decision.
Sounds like a plan, DropTopGal. I already spk w/ Palm Beach of Lexus and they seem reluctant to email me a price quote. I guess it would be to their advantage to get the average person to come in for a face to face. I have made it clear that I want the best price and will go from there. They should be able to email me an OTD quote for what I want, even if they don't have it in stock, that way, they can call me when it comes in. I guess with some dealers, you have to be persistent.
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