[IS3NEWB]

Thanks for all the opinions. I actually was familiar with edmunds.com...it's just there was a guy that downed $11k, and got a monthly of 6.49% at 459.00 a month..for $35400.00 otd....but I know I could do better. Thanks again for the all input.

[ July 29, 2001: Message edited by: IS3NEWB ]

 

[izzy300]

Wow, if they are gonna quote you that much than you might as well wait for the 2002 and pay the MSRP on that instead! Have you tried priceline.com and see what kind of offer you get from them?

[ July 29, 2001: Message edited by: izzy300 ]

 

[ohmygut]

I think the price that they quoted is pretty high too

 

[mjoo600]

I agree with izzy300. True, Lexus has probably scaled down production of the 2001 models, but there are also fewer people looking to purchase 2001's right now, with most set on waiting for the 2002's. Not only that, but since the IS300's 2001 model year is almost over, it has already depreciated (in terms of Kelly Blue Book values, etc).

Check out Edmunds.com as a guideline -

Edmunds - IS300

They put TMV, True Market Value at about 90% of MSRP. Assuming you're getting a fully loaded (leather, moonroof, LSD, heated seats)IS300 w/ spoiler (~$500?), you should be looking at paying 90% of $35,500 which is $31,950 before tax. Assuming 7% tax, about $34,200 out the door. And that is probably the most I'd be willing to pay. Even Carsdirect.com will give you a better price than your dealer is offering ($31,700 w/o spoiler) (I guessed 90050 as the zip code for LA). And that's even before starting to negotiate with a salesman.

[ July 29, 2001: Message edited by: GSXR600 ]