jonathanz

iTrader: (2)

Bought the IS approx 6 months ago, indeed it's a slow reliable car but i'm bored of it. I'm eyeing on a GS350 F-sport, found one i like with 14k miles asking for $44k from Lexus dealer. debating if i should make the switch, any members here switched from IS to GS?

Thanks!

ItzFilyO

I just checked my car's value on KBB and it's only $43K for a 2014 FSport with ML with 6K miles. Damn this car depreciates fast.

jonathanz

iTrader: (2)

I made a mistake, the GS350 F-Sport has 14k miles not 34K miles.


I believe this car was brand new approx $60K off the lot?

ItzFilyO

Yea mine was $60K brand new but that's a 2013 with asking price higher than my 2014.

jonathanz

iTrader: (2)

oh wow, yeah, that's low for only 6k miles on it. i'm speechless. maybe i should wait few more months when 2016 hit the show-room

bclexus

The first year is always the biggest depreciation year,and then the second year's depreciation is much, much less than what the first year was...and the third year is only somewhat less than the second year. That is why it is recommended and a smart decision to buy a one or two year old low mileage near-mint car and save $15k and let the original lessee or owner take the big depreciation hit.

Cost of GS 350 ownership - Depreciation

FastTags

I am
So lucky, i was able to transfer the lease of $47,500 car with $14k miles!

KDLiquidGS

Mine is a 2013, 23,000 miles, and it's trade in value is 37,000. I don't even want to talk about how much I paid for it.

jonathanz

iTrader: (2)

Well, 2013 Gs350 is actually the 2nd year of fourth generation, i would think they would deprecate slower, guess i'm wrong.

XFactor7

Is that what a dealer offered you or just a KBB/Nada value?


To OP: I think it depends on your financial situation. Are you willing to lose money on the IS? If you could sell or trade the IS without losing too much (my limit is probably $1-2k), I would make the switch. I think $44k for an F-sport with 14k miles is fair if it's a 2014. If it's a 2013, I think you should be able to get it for $41-42k.

jonathanz

iTrader: (2)

Thanks for the message, i paid $26k 6 months ago for the IS, as for KBB trade is $22k-ish, if they're willing to pay $23-$24 for my car that would be good since i put approx 4,000 miles on it.
As for the GS, at most I'm willing to pay $42k, but now with all above comments, making me wait few more months for 2014 model.

ItzFilyO

The KBB value on that 2013 car is only $37K and fully loaded too with ML.

jonathanz

iTrader: (2)

dealer price is $44k withOUT ML! damn.
it's white on red! my fav color!!!!

ItzFilyO

And I rounded it off too, it was only $36K something.

KDLiquidGS

That's the KBB value. My car is literally in mint condition. Tires are still practically brand new and everything.