How much my car worth now?
How much my car worth now?
02-18-16, 12:49 PM
#3
Like I tell everyone with this question. A car (or anything else for that matter) is only worth as much as a seller needs money and as much as a buyer wants it. If a seller really needs money, he'll let it go for pennies. If a buyer really wants something, he'll pay anything for it.
However, Kelly says its worth $5500 in perfect condition...
However, Kelly says its worth $5500 in perfect condition...
02-18-16, 04:05 PM
#5
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02-18-16, 05:50 PM
#7
4-6k, if it's clean
My car was evaluated at roughly 6k CAD in January last year, by my insurance company. 2002 ML Nav with 240,000 kilometers.
These cars are worth so little, my bank doesn't even consider it a real asset. Because it isn't. Pretty soon these will be as worthless as GS300s and 1st gen SCs. No offense to owners of those cars, but they really aren't worth any money anymore unless they're exceptional specimens.
My car was evaluated at roughly 6k CAD in January last year, by my insurance company. 2002 ML Nav with 240,000 kilometers.
These cars are worth so little, my bank doesn't even consider it a real asset. Because it isn't. Pretty soon these will be as worthless as GS300s and 1st gen SCs. No offense to owners of those cars, but they really aren't worth any money anymore unless they're exceptional specimens.
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02-19-16, 02:47 AM
#8
I had no clue you can get a 430 for so cheap. I'm definitely looking into getting a low mileage 400 or 430... I know they're out there
02-19-16, 06:53 PM
#10
Lexus Champion
You have to also remember that KBB or any of these online websites and used car valuation companies treat the 2GS like any other car. So the same people who use data to value a GS also use their standard metrics to value a 15 year old Civic or Corolla.
I think it's going to be pretty difficult to get a hold of a 2GS400/430 in great condition for $5K. These values don't reflect the car's performance/comfort points. A unmodded GS with reasonable to low miles goes for way more.
If you want mass market benchmarks, then these sorts of values will get you those low numbers. But if you look at what used car dealers ask, you'll see a different set of numbers. Same goes for owners selling too.
I think it's going to be pretty difficult to get a hold of a 2GS400/430 in great condition for $5K. These values don't reflect the car's performance/comfort points. A unmodded GS with reasonable to low miles goes for way more.
If you want mass market benchmarks, then these sorts of values will get you those low numbers. But if you look at what used car dealers ask, you'll see a different set of numbers. Same goes for owners selling too.
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