GS - 2nd Gen (1998-2005) Discussion about the second generation GS300, GS400 and GS430 (1998 - 2005)

Prices on 2GS?

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Old 06-12-16, 01:52 AM
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christ0efu
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Default Prices on 2GS?

Whats the average price now on a 2GS?
Old 06-12-16, 08:48 AM
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kevin3344
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Much of it depends on the mileage and what area of the country you are in but I would say on average $5-6? You can actually find many still in good condition. I'm keeping my '99 GS4 for as long as it will run (currently at 219k) as it is has been pretty much problem free. Like many on this board I will likely never sell mine.
Old 06-12-16, 08:51 AM
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Solowing
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Originally Posted by christ0efu
Whats the average price now on a 2GS?
Around 7-9.
Depends on 300,400,430.
Also on non navigation, with nav, and personally I think depending on interior color. Black leather is king to me.
Old 06-12-16, 09:31 AM
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liazon
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Default try craiglist?

huge variations: $4-14 depending on condition, miles, and options.
make sure the car u decide on has full maintenance records.
the V8 gs430 is an enthusiasts car that isn't for the guy on a budget.
initial price is only a small part of owning a lexus. the maintenance can be expensive unless you work on your own cars.
you'll have much easier time finding the right gs300 V6.
both come with all the bells and whistles

that said, in my opinion, the stereo upgrade (nakamichi, levinson) is almost mandatory unless u plan on doing an aftermarket system
Old 06-12-16, 10:25 AM
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tiguy99
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Got my 400 for under 4000.
You can find them in really good shape if you take time to look and are willing to travel
Old 06-12-16, 02:23 PM
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Brahms
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I bought my 2001 GS430 (150k miles, about) for $6250 about six months ago from a Toyota mechanic/enthusiast. He had done the timing belt and ball joints, but since buying it I've done the caster arm bushings, mode servo, and replaced the chrome wheels due to loss of tire pressure. The car is fully loaded, and the interior is in excellent condition--everything works.

I stalked Craigslist for a while before quickly pulling the trigger. There were a lot of cars listed for a higher price (mine was listed at $7500) that didn't have timing belt/ball joints done.


As they say, when you're buying a car this old you're really making a bet on the previous owner. This car did *not* have a full maintenance history, but I had it inspected at Exact Motorsports.

Last edited by Brahms; 06-12-16 at 02:27 PM.
Old 06-12-16, 02:55 PM
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tiguy99
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Originally Posted by Brahms
I bought my 2001 GS430 (150k miles, about) for $6250 about six months ago from a Toyota mechanic/enthusiast. He had done the timing belt and ball joints, but since buying it I've done the caster arm bushings, mode servo, and replaced the chrome wheels due to loss of tire pressure. The car is fully loaded, and the interior is in excellent condition--everything works.

I stalked Craigslist for a while before quickly pulling the trigger. There were a lot of cars listed for a higher price (mine was listed at $7500) that didn't have timing belt/ball joints done.


As they say, when you're buying a car this old you're really making a bet on the previous owner. This car did *not* have a full maintenance history, but I had it inspected at Exact Motorsports.
Glad to hear your got a gem of a GS!
Mine also was a gem when I bought it 2 months ago.

Only issue I ran into is a failing fuel pump which resulted in the car stalling on the drive home from Minneapolis.

The seller was just as shocked as I was considering he paid money to have everything serviced at his brother in law's shop, gave a free inspection upon pickup and paid half of the towing costs to get the car back to Chicago (which dropped the price even more)...

Outside of that the car has clean history, an interior you can eat off of and needs minor things like a rust spot on the roof repaired, front brakes and fuel pump replaced.
After looking at the stack of service records I don't feel so bad with this car....a few GS400s I've seen locally weren't the best
Old 06-12-16, 03:03 PM
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Agent$mith
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It's hard to put an average on 2GS since the years run from 98-05 and other variables. If I was you, go for 01-05 with the upgraded BMC, tail lights, and ball joints. They made many improvements in those years and worth paying a tiny bit more. I got an 01 GS300 in excellent condition and it runs from 4300-5300 according to KBB.
Old 06-12-16, 06:41 PM
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christ0efu
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Thanks for the input. Most of the GS's in my area are pretty close to 200k miles or over.
Old 06-12-16, 08:25 PM
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Just picked up an '01 GS430 w/ 210k on the clock last Saturday for $2,800. Black with black interior. It's lowered on Tien springs and has a CAI and Borla exhaust. Absolutely love it!!!!
Old 06-13-16, 08:12 AM
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kevin3344
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Originally Posted by christ0efu
Thanks for the input. Most of the GS's in my area are pretty close to 200k miles or over.
In most cases you can have your car delivered to you. I was looking for a low mileage SC430 once and got a quote for $699 to have it shipped from NJ to NC (totally insured). Google "auto shipping service".
Old 06-13-16, 12:50 PM
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AmanO
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Lol. Some dude in my area wants over 30k for a 2GS. Even with 1 mile, I would not pay that much. I am going to keep what little respect I have left for the human race and assume that is a typo.

My area has anywhere from 1900 - 5500 and that is only 300s.
Old 06-15-16, 09:37 AM
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1sWt2GS
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This thread makes me wonder how much my heavily modified 2GS is worth. Just hit 90k on the odometer
Old 06-15-16, 10:01 AM
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99GS300TRD
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I bought my 99 gs300 last week for $2,500 with 146k and the car is pretty clean inside and out!! Well minus the unpainted front bumper I'm replacing anyways to make room for my intercooler.
Old 06-15-16, 10:43 AM
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liazon
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Having just bought mine recently and studied the market for 6 months, some personal thoughts:

There are plenty of avg. condition cars out there that need a loving owner with a maintenance budget. There are also plenty of 175k miles cars in well kept condition. These are the norm.
Finding a low miles car with records is a needle in a haystack (as expected for a 11-18 year old vehicle); blue book value means nothing for those exceptional cars now in low supply.

In my opinion, modded cars are perceived to have been run hard. This balances out the hotter appearance and/or performance. Mods also tend to be personalized and even esoteric. I'd add 15% of the mod cost to the selling value. (ie., that 5k body kit is worth $750 when you go to sell.) There is a reason why many guys part out and go back to stock for resale.

GS300 - 100k miles, great condition, records, etc $7-8k
GS300 - 100k miles, good condition $5-7k
GS300 - 150k+ miles $3-4K

GS400- 100k miles, great condition, records, etc $7-9k
GS400 - 100k miles, good condition $5-7k
GS400 - 150k+ miles $3-5k

GS430- low miles, great condition, records $11-13k
GS430- 100k miles, great condition, records, etc $10k
GS430 - 100k miles, good condition, $7-8k
GS430 - 150k+ miles, $5-6k

Last edited by liazon; 06-16-16 at 12:15 PM.


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