Lexus of Orlando (FL) has been running a TV ad that states $5,000. off any 2007 LS in stock. If you are not picky about color or options, that sounds like a great deal. ALSO...consider this. Look at the rate of exchange between the dollar and the yen. The dollar is quite strong in Japan so the distributors are making a lot on the exchange rate as compared to the Euro, a bonus that is often shared with the dealers. (An MB S550 would be a lot less if the dollar was worth more, It's killing them).
We travel extensively and have been shopping around for an L. On an average, we have been offered $2 to 3 thousand off with very little haggling. The sole exception has been Lexus of Columbus, Ohio who said sticker or at the most, with a loaded car, $1,000. off. Considering the generous dealer markup, I consider that an insult. Don't even bother with them. Due to our color choice (Black Sapphire Pearl with Cashmere) and options, (EVERYTHING except executive seating) we are told that we would have to order an '08. We may have to settle for a smaller discount but I will not accept less than $4,000. off and neither should anybody. People are being taken advantage of because of the perceived notion that a car is in limited supply and therefore priced accordingly. Most of the dealers in major cities have a lot of stock and want to move them.
