Just ordered my IS500
Instructor
Joined: Jul 2021
Posts: 891
Likes: 1,321
From: Greater Toronto Area
I think there is a USB in the showroom there as we speak, so for those of you in the GTA, go snap it up.
Thread Starter
10th Gear
Joined: May 2025
Posts: 13
Likes: 29
Like I said,
Call Lexus on the Park and ask for Jack. He may be able to help you out. Let me know how it goes.
Call Lexus on the Park and ask for Jack. He may be able to help you out. Let me know how it goes.
Lead Lap
Joined: Oct 2014
Posts: 4,655
Likes: 4,684
From: ON
Rookie
Joined: Sep 2012
Posts: 43
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From: Toronto, ON
Driver
Joined: Sep 2021
Posts: 98
Likes: 88
From: Ontario, CA
Don Valley told me they're no longer taking new IS500 orders, and Erin park does not want to take my deposit unless I go in person lol haven't tried richmond hill yet.
Instructor
Joined: Jul 2021
Posts: 891
Likes: 1,321
From: Greater Toronto Area
In my experiences, Oakville is very good as is Don Valley, Lexus Downtown, on the Park.
Last edited by TGPCanada; Jun 5, 2025 at 01:00 PM.
Instructor
Joined: Jul 2021
Posts: 891
Likes: 1,321
From: Greater Toronto Area
If the 500 end as expected, it won't be because of the cost of production but rather, the limitation with the use of the V8. Emission regulations are increasing and there are penalties for car companies producing these vehicles but Toyota has a lot of hybrids and electric to offset some of these but eventually, things do run its course. The IS has been in production since the MY 2013 and it's due for a major overhaul as it received 2 MMC refresh (interior hasn't changed since - Not that I mind because I LOVE the interior) so it's due for a full refresh. We saw what they did with the ES and I suspect the IS will be next and I can't see how they would keep the V8 in the next generation IS but I would LOVE TO BE WRONG
I could see an IS 500 coming with a 4 cylinder turbo and electric motors to enhance the output like they did with the RX 500.Last edited by TGPCanada; Jun 5, 2025 at 01:09 PM.
Driver
Joined: Sep 2021
Posts: 98
Likes: 88
From: Ontario, CA
Thank you! I plan to also put down a deposit with on the park for a regular IS500. But I do also want to consider what others have mentioned above, which is I might not be able to secure one from a particular dealership. Should I go ahead and place another deposit with a different dealership? I was told by oakville that they will have an ultimate edition available but also told me the deposit is non-refundable..
Instructor
Joined: Jul 2021
Posts: 891
Likes: 1,321
From: Greater Toronto Area
Thank you! I plan to also put down a deposit with on the park for a regular IS500. But I do also want to consider what others have mentioned above, which is I might not be able to secure one from a particular dealership. Should I go ahead and place another deposit with a different dealership? I was told by oakville that they will have an ultimate edition available but also told me the deposit is non-refundable..
Driver
Joined: Sep 2021
Posts: 98
Likes: 88
From: Ontario, CA
If Oakville is telling you that they will get an ultimate edition, then they will get it. From what I've heard, they are 2nd only to Don Valley in terms of volume so they get allocation. I think the most IS500's in the GTA have gone to Oakville since it's inception in 2022, and that's where I got mine as well. If you're set on the Ultimate edition, then I'd put your name on it at Oakville. You will not get the deposit back if you change your mind - they will keep it as credit for a future purchase of a Lexus product, which isn't all that bad if you have your sights set on another Lexus vehicle in the future. You can negotiate with them on the term of the credit.
Lead Lap
Joined: Oct 2014
Posts: 4,655
Likes: 4,684
From: ON
I am not sure about the legality of holding a deposit...but i am not a lawyer so i will not question but i have never had a deposit not refunded and was told by them that they cant keep it but who knows
Pit Crew
Joined: Jun 2025
Posts: 129
Likes: 143
According to OMVIC (regulatory body for Motor Vehicle Dealers), there is no cooling-off period for vehicle purchases. So if they ask you for a deposit and let you sign a contract, there is no backing out (no refund as well depending on the terms and conditions of the contract you signed).
https://www.omvic.ca/news/blogs/no-c...-need-to-know/
And that could well be the reason as to why they want you to appear in person to put in the deposit and sign the contract.
I was also told the same when I signed the contract for my purchase.
https://www.omvic.ca/news/blogs/no-c...-need-to-know/
And that could well be the reason as to why they want you to appear in person to put in the deposit and sign the contract.
I was also told the same when I signed the contract for my purchase.
Lead Lap
Joined: Nov 2010
Posts: 3,587
Likes: 4,948
From: GA
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Lead Lap
Joined: Nov 2010
Posts: 3,587
Likes: 4,948
From: GA
As was said above, ultimate and final are 2 different things howver, to put effort in giving it special brakes, special setbelts and steering and producing 500.is telling, plus its the ultimate as suggesting its the pinnacle. They never did a name.plate for the yellow and blue limited.production. they must have fum reading our speculations
Driver
Joined: Sep 2021
Posts: 98
Likes: 88
From: Ontario, CA
According to OMVIC (regulatory body for Motor Vehicle Dealers), there is no cooling-off period for vehicle purchases. So if they ask you for a deposit and let you sign a contract, there is no backing out (no refund as well depending on the terms and conditions of the contract you signed).
https://www.omvic.ca/news/blogs/no-c...-need-to-know/
And that could well be the reason as to why they want you to appear in person to put in the deposit and sign the contract.
I was also told the same when I signed the contract for my purchase.
https://www.omvic.ca/news/blogs/no-c...-need-to-know/
And that could well be the reason as to why they want you to appear in person to put in the deposit and sign the contract.
I was also told the same when I signed the contract for my purchase.