2017 Lexus IS Prices: MSRP vs Dealer Invoice vs True Dealer Cost
MSRP Invoice Price Destination Fee Holdback Dealer Cost
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New Improvements in 2017
Overall, the 2017 Lexus IS is very similar to prior model years. The engine options and trim levels are all the same, but there have been some tech and luxury upgrades that people will enjoy. Furthermore, several safety features that used to be considered upgradeable options only are now included for free in the base trim levels.
Overall, the 2017 Lexus IS has three different trim levels for drivers to choose from. The base trim is the IS 250, which is then followed by the IS 300, and the IS 350. The main difference between each of the trim levels is the type of amenities that come with it.
The base IS 250 does come well equipped with some luxury upgrades, including leather interior, and a number of different tech and safety features. Those that want to upgrade all the way up to the IS 350 will receive the most amenities. Some of the most popular upgrades that come with the 350 trim include the rearview camera, blind spot monitoring, enhanced audio system, and a number of other features that make it a more comfortable and stylish car to drive.
Engine Performance and Efficiency
The IS 250 and IS 300 each come with the standard four cylinder and 2.0-liter engine that produces around 250 horsepower, which is pretty powerful given the size of the car and when compared to other cars in its class. Along with this power, drivers will normally average around 26mpg in fuel efficiency.
Those that upgrade to the IS 350 will receive the V6 engine that is even more powerful. This engine option produces closer to 300 horsepower, which makes it one of the most powerful engine options in its class. This car also gets coupled with a six-speed transmission and sportier suspension system, which can make it very fun to drive. Fuel efficiency with this engine option is still considered acceptable with an average rating of 23mpg.
Overall, the driving experience of the 2017 Lexus IS is considered positive. Those that are looking for a luxury compact car will like the array of luxury finishes that come standard on the base trim levels. Those that would like to have the most amount of power and control out of their car will want to upgrade to the 350.
Formula for Calculating Dealer Cost:
- Example: Base Lexus IS invoice price + the dealer Invoice price of options + destination - Holdback = Total Dealer Cost.
- What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.
Total Dealer Cost - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here.)
Note: All Lexus IS MSRP, invoice and dealer cost dollar figures above are approximate amounts. Prices are subject to change without notice.
A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.