I was just messing around on Lexus's site for the 2020 models. It appears they are now offering the 2020 IS350 F-Sport, with no options, for $4000 down, $339/mo. That is virtually the same deal they had been offering on an IS300 base model for the last few years. I'm in Los Angeles btw. Those who already have a Lexus can take off another $1000 from the down payment. Pretty drastic reduction and a raging deal in my opinion...

 

That's a giant down payment, but a good deal if you already have one.

 

Its not that great of a deal. You should be able to negotiate about 18% off of MSRP in Los Angeles area. I have done so on my 2017 and 2020 IS models. Total discount from dealer and Lexus incentives should be about 8 to 9 thousand off MSRP.

 

Thanks for your information. I agree, at this stage in the 3IS life, heavy deals should be the case. It wasn't until now the corporate program starting looking more down to earth. Lexus had been holding out with their programs. Only when someone tries, will they get those really good deals.

 

No deal lol

The ceiling on these things currently range from 17-20% off sticker zero down and about 2.3k driver off

this is on 43-48k range IS300,350 base and F sports.