GS resale value sucks
#16
Driver School Candidate
Thread Starter
The other thing is my two closest dealers only have four total 2016 GS350s in inventory. Three of the four are white which I do not want. My lease is up around Labor Day and I was told that the GS inventory won't improve
any by then. I live in the NW and need AWD which limits going to a California or Nevada dealer. The Washington dealers inventories are only slightly better. Good luck ever finding a Blue GS350awd in stock.
any by then. I live in the NW and need AWD which limits going to a California or Nevada dealer. The Washington dealers inventories are only slightly better. Good luck ever finding a Blue GS350awd in stock.
#17
Lead Lap
More often than not, people only respond when it affects their wallet.
Sorry to go "political", but this "green" nonsense rubs me the wrong way.
#18
Residuals are never negotiable. They are set by Lexus Financial Services. It's the only part of the lease that is not negotiable.
#19
I think he is referring to the BMW residual buyout being negotiable. Not the residual value at the beginning of the lease.
Last edited by kmm; 05-23-16 at 01:31 PM. Reason: Clarification
#21
Any accident history? No Options like navigation? MSRP 49K, purchased for 45. $9K depreciation in 1 year, a little steep. Not unheard of for a luxury vehicle. bluebook on this no options is 39K.
Again, accident report?
Again, accident report?
#23
Originally Posted by dougm213
Any accident history? No Options like navigation? MSRP 49K, purchased for 45. $9K depreciation in 1 year, a little steep. Not unheard of for a luxury vehicle. bluebook on this no options is 39K.
Again, accident report?
Again, accident report?
#25
#26
Lead Lap
#27
Lexus Test Driver
Is the resale value still suck now? I thought it would be improving.
Now u can get 5K off on the GSF right off the bat from Lexus.
Now u can get 5K off on the GSF right off the bat from Lexus.
#28
Here's a good rule of thumb to use, and I sell 50 used Lexus in a bad month
New car market (Not MSRP, I mean what you can buy one for) $43,000
This makes Pre-Owned, current year, baby mile market $39,995
Deduct roughly $2,500 margin, $500 service and whatever cert costs are... On a GS that means $36K is what I'd have to trade it for assuming the above figures (And I pulled the $43K figure out of the air).
Bill
New car market (Not MSRP, I mean what you can buy one for) $43,000
This makes Pre-Owned, current year, baby mile market $39,995
Deduct roughly $2,500 margin, $500 service and whatever cert costs are... On a GS that means $36K is what I'd have to trade it for assuming the above figures (And I pulled the $43K figure out of the air).
Bill
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GS - 4th Gen (2013-2020)
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04-07-17 05:43 AM