Used Car Market Cooling?
#1
Recovering Lexus Addict
Thread Starter
Used Car Market Cooling?
Two months ago, I traded my '13 GS and '01 LX in for a new Ridgeline. I see that the dealer still has both listed for sale. They've dropped the price on the GS to $52K. The LX dropped to about $13K, then got transferred to a sister dealership and the price bumped back up to $14.5K - but still no takers. I'm thinking the used car market is cooling off a bit. Yes?
Last edited by caddyowner; 10-25-12 at 08:15 AM.
#2
Lexus Fanatic
iTrader: (1)
Two months ago, I traded my '13 GS and '01 LX in for a new Ridgeline. I see that the dealer still has both listed for sale. They've dropped the price on the GS to $52K. The LX dropped to about $13K, then got transferred to a sister dealership and the price bumped back up to $14.5K - but still no takers. I'm thinking the used car market is cooling off a bit. Yes?
My dealer still has this GS at a good price for over a month and there's room for haggling.
http://www.tricountylexus.com/Vehicl...-NJ/1820925073
#3
Lexus Champion
iTrader: (3)
Maybe...there are really good finance rates and lease opportunites that make considering a used car to be troubling over purchasing new. Just recently I was sent flyers on a G37 coupe...314/month lease, 1000 down for 24months. I know infiniti leases are usually low...but this is a shocker seeing how low. Year end, plus new model coming soon...win-win for the customer
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