GS - 3rd Gen (2006-2011) Discussion about the 2006+ model GS300, GS350, GS430, GS450H and GS460

Pricing on 08 GS - CPO - due to drop?

Old 07-30-11, 04:44 AM
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apa9999
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Default Pricing on 08 GS - CPO - due to drop?

I've been following prices on CPO 08 GS 350's with about 35k-40k miles. In the northeast, the average price seems to be $32-35k. I'm wondering if the impending release of the 2012s will have any impact on a price change? I'm looking to pay no more than 30k for an 08. Black on Black cars seem to be harder to find it seems.

How long do you guys think it would take to get around $30k?
Old 07-30-11, 05:18 AM
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Valley101
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It may not drop more than $1000 as used car prices have surged upward this past year. But that is for resale! Do not expect to get more for your trade-in.
Old 07-30-11, 05:51 AM
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SNiiP3R
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I'd say you have a pretty good chance. First of all, as you've said the new model is coming next year, and second, 08's are going to be a year older.
Old 07-31-11, 09:48 AM
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JohnyUtah
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Or it may not drop to much because the 2012 GS is one ugly duckling.
Old 07-31-11, 10:57 AM
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Bushwack
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I don't think the 2012 GS will move off the lots as quickly as when the first 2GS or 3GS was released. IMO due to used car prices on the rise and the lousy economic recovery. My independent mechanic recently told me that 2009, 2010 and probably 2011 will be his best years ever (due to people keeping their cars longer). ...and his is an 8 bay family shop since 1950!
Old 08-01-11, 10:39 PM
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JohnyUtah
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The 3GS looks a lot better than the 4GS. Hope they blow out the new 11's would like to pick one up before the ugly ducklings hit in 2012. I can't believe thats the car everyone was waiting for. Total disappointment.
Old 08-02-11, 03:05 AM
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MiggzGS
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Originally Posted by apa9999
I've been following prices on CPO 08 GS 350's with about 35k-40k miles. In the northeast, the average price seems to be $32-35k. I'm wondering if the impending release of the 2012s will have any impact on a price change? I'm looking to pay no more than 30k for an 08. Black on Black cars seem to be harder to find it seems.

How long do you guys think it would take to get around $30k?
I bought my 2008 GS350 back in Jan.11 for 28k OTD... If your patient enough and willing to travel a little bit you will find a good deal.

Oh yea my GS is white with grey interior which is harder to find than your black on black.
Old 08-02-11, 04:40 AM
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I'd say with the way the $ is going against the Yen, don't expect bargains anytime soon.
Old 08-04-11, 07:30 AM
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Originally Posted by JohnyUtah
The 3GS looks a lot better than the 4GS. Hope they blow out the new 11's would like to pick one up before the ugly ducklings hit in 2012. I can't believe thats the car everyone was waiting for. Total disappointment.
I agree, not impressed at ALL. All kinds of people saying it's beautiful and can't wait till it's out. I think they just think that "NEW" means sexy.
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