Is 7% off the sticker price a good deal or can I do better?

Question:
I want to buy a 2008 Lexus ES 350 with the Ultra Luxury Package and the salesman went down to 7% off the sticker price. Has anyone gotten a better deal?

Answers:

How to Import Cars from Germany & Japan?

7% off means you are paying 93% of the orginal price. I think he could go down.

Buying a car?

You should go by the MSRP. I'd say 7% off the MSRP is a fair deal. After all, the dealership does have to make money off the car.

What do you think- did I do good buying this truck?

You should go to the next available Lexus dealership and see what they offer. If its a worse deal, tell them of the previous offer and see if they will beat it. If its a better deal, then go back to the first place and tell them you found a better price and ask them to beat it. If the second place you go says they cannot beat the first price, then its probably a good deal.

Is This Car Really Worth That Much!?

I usually take at least 10% off the m.s.r.p., not off the total. E-mail several dealers with what you want, but wait till the end of the month. They get incentives from the factory. I got 20% off msrp on my dodge truck. $11,000 off the total sticker. Shop around! Do not get the extended warranty. You can do better on line.

Classic car rental or sales?

instead of using percentages, ask the salesperson how much over invoice is that?? that might put things into a different perspective.

Any truely free vin checking websites out there?

i sell used cars and 7% is alot of profit take the car at that. my profit margins are only 10% so if i gave you a 7% discount im not making a great deal am i? it all depends on if you are speeking to the owner or salesperson at the end of the day.
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