GS - 4th Gen (2013-2020) Discussion about the 2013 and up GS models

Trade Value

Thread Tools
 
Search this Thread
 
Old 05-13-15, 08:04 AM
  #16  
ItzFilyO
Lexus Test Driver
 
ItzFilyO's Avatar
 
Join Date: Feb 2013
Location: California
Posts: 5,813
Received 1,046 Likes on 661 Posts
Default

So Benz and Bimmers depreciate bad like ours too?
Old 05-13-15, 08:20 AM
  #17  
praetor
Racer
 
praetor's Avatar
 
Join Date: May 2013
Location: IL
Posts: 1,407
Received 132 Likes on 92 Posts
Default

Originally Posted by ItzFilyO
So Benz and Bimmers depreciate bad like ours too?
If you believe KBB the GS350 has the best resale value. But they generally base that on 36 and 60 month values.

http://www.kbb.com/new-cars/best-res...le-luxury-car/

The Germans really take a dive once the pre-paid maintenance runs out. Upkeep is pricey and it reflects so in the resale value.

The LS is # 1 for high end luxury car according to KBB
http://www.kbb.com/new-cars/best-res...nd-luxury-car/
Old 05-14-15, 10:30 PM
  #18  
stoked
Pit Crew
iTrader: (1)
 
stoked's Avatar
 
Join Date: Jul 2001
Location: Utah
Posts: 207
Likes: 0
Received 10 Likes on 7 Posts
Default

Originally Posted by balfor
Sadly that is a decent trade in quote. I just took my loaded 2013 Awd with luxury package to carmax and the best they would do is $29k
I'll pay 29k for your car too!
Old 05-14-15, 11:10 PM
  #19  
xRYD3Rx
Lead Lap
 
xRYD3Rx's Avatar
 
Join Date: Jul 2012
Location: CA
Posts: 734
Received 3 Likes on 3 Posts
Default

Reliable cars that why #1 Resale in KBB
Old 05-14-15, 11:27 PM
  #20  
ItzFilyO
Lexus Test Driver
 
ItzFilyO's Avatar
 
Join Date: Feb 2013
Location: California
Posts: 5,813
Received 1,046 Likes on 661 Posts
Default

Originally Posted by praetor
If you believe KBB the GS350 has the best resale value. But they generally base that on 36 and 60 month values.

http://www.kbb.com/new-cars/best-res...le-luxury-car/

The Germans really take a dive once the pre-paid maintenance runs out. Upkeep is pricey and it reflects so in the resale value.

The LS is # 1 for high end luxury car according to KBB
http://www.kbb.com/new-cars/best-res...nd-luxury-car/
I was looking at a 2005 SL500 a few years ago cause they're so cheap and can be had for a price of a Corolla. Then someone told me SL's aren't cheap to maintain and it's not worth buying used.
Old 05-15-15, 06:51 AM
  #21  
praetor
Racer
 
praetor's Avatar
 
Join Date: May 2013
Location: IL
Posts: 1,407
Received 132 Likes on 92 Posts
Default

Originally Posted by ItzFilyO
I was looking at a 2005 SL500 a few years ago cause they're so cheap and can be had for a price of a Corolla. Then someone told me SL's aren't cheap to maintain and it's not worth buying used.
My god sister had a 2005 A6 a few years ago. She hit 100K miles and went in for the recommended maintenance. The dealer came out with a bill of over $8,000. She quickly sol the car shortly after and got a Lexus instead. LOL
Old 05-15-15, 08:04 AM
  #22  
ItzFilyO
Lexus Test Driver
 
ItzFilyO's Avatar
 
Join Date: Feb 2013
Location: California
Posts: 5,813
Received 1,046 Likes on 661 Posts
Default

Originally Posted by praetor
My god sister had a 2005 A6 a few years ago. She hit 100K miles and went in for the recommended maintenance. The dealer came out with a bill of over $8,000. She quickly sol the car shortly after and got a Lexus instead. LOL
Old 05-15-15, 08:41 AM
  #23  
LexRuger
Pole Position
 
LexRuger's Avatar
 
Join Date: Jan 2013
Location: California
Posts: 2,035
Received 186 Likes on 117 Posts
Default

Originally Posted by praetor
My god sister had a 2005 A6 a few years ago. She hit 100K miles and went in for the recommended maintenance. The dealer came out with a bill of over $8,000. She quickly sol the car shortly after and got a Lexus instead. LOL
I know someone with a 2006 750 that's just sitting in the driveway. They took it to the dealer to try to get it in good running condition and the estimate was well into 5 figures.
Old 05-15-15, 08:45 AM
  #24  
ItzFilyO
Lexus Test Driver
 
ItzFilyO's Avatar
 
Join Date: Feb 2013
Location: California
Posts: 5,813
Received 1,046 Likes on 661 Posts
Default

Originally Posted by LexRuger
I know someone with a 2006 750 that's just sitting in the driveway. They took it to the dealer to try to get it in good running condition and the estimate was well into 5 figures.
I'm cool with the bad resale value of my car as long as it'll run problem free and not having to spend more than the value of the car for maintenance and repairs!
Old 05-19-15, 02:15 PM
  #25  
dougm213
Intermediate
 
dougm213's Avatar
 
Join Date: Dec 2013
Location: PA
Posts: 371
Received 16 Likes on 15 Posts
Default

KBB estimates trade-in on my '14 AWD w\LUX PKG, Cold Weather, power trunk, NAV with 18K miles at $41.7K. Original List was 61K, purchase price with discount (2K promotions) excluding tax was 53.5K. 12K depreciation, if trade-in value holds. I'll take that.

I keep my cars till near the very end, I expect 10 years. Although temptation is always there.
Old 05-20-15, 09:36 AM
  #26  
jtrue28
Lead Lap
 
jtrue28's Avatar
 
Join Date: Sep 2008
Location: #BBNine
Posts: 3,637
Received 206 Likes on 140 Posts
Default

Traded my 2013 GS F-Sport back in October. Initial dealer offer was $34K. CarMax offered me $36K. I was able to get the dealer up to the $36K and they knocked quite a bit off my 2015 GX460 Luxury. I couldn't believe the trade value. I got more for my 2011 GS350 when I traded it in 2012, and that car was $10K cheaper MSRP.

RCF at $79K....hahahahahaha

Jesus Touching Christ. There's no way the GS-F comes in any lower than $85K...and likely closer to $95K fully loaded.
Old 05-21-15, 09:29 PM
  #27  
ItzFilyO
Lexus Test Driver
 
ItzFilyO's Avatar
 
Join Date: Feb 2013
Location: California
Posts: 5,813
Received 1,046 Likes on 661 Posts
Default

Originally Posted by jtrue28
Traded my 2013 GS F-Sport back in October. Initial dealer offer was $34K. CarMax offered me $36K. I was able to get the dealer up to the $36K and they knocked quite a bit off my 2015 GX460 Luxury. I couldn't believe the trade value. I got more for my 2011 GS350 when I traded it in 2012, and that car was $10K cheaper MSRP.

RCF at $79K....hahahahahaha

Jesus Touching Christ. There's no way the GS-F comes in any lower than $85K...and likely closer to $95K fully loaded.
I bet those F cars depreciate even more? I'll just hold on to my current GS. 1-2 secs 0-60 difference won't kill me.
Old 05-22-15, 06:07 AM
  #28  
sick21
Lexus Test Driver
 
sick21's Avatar
 
Join Date: Nov 2013
Location: NM
Posts: 1,081
Received 8 Likes on 8 Posts
Default

Originally Posted by ItzFilyO
I bet those F cars depreciate even more? I'll just hold on to my current GS. 1-2 secs 0-60 difference won't kill me.
My thoughts exactly
Old 05-22-15, 01:37 PM
  #29  
slickhoosi
Driver School Candidate
 
slickhoosi's Avatar
 
Join Date: May 2015
Location: la
Posts: 35
Likes: 0
Received 0 Likes on 0 Posts
Default

Word. I agree, the trade offer busts this deal. Not sure if the value is accurate or not, but it would be a non-starter for me.
Old 05-22-15, 02:17 PM
  #30  
1111GS
Moderator
 
1111GS's Avatar
 
Join Date: Oct 2011
Location: US
Posts: 2,876
Received 90 Likes on 78 Posts
Default

Originally Posted by ItzFilyO
I bet those F cars depreciate even more? I'll just hold on to my current GS. 1-2 secs 0-60 difference won't kill me.
You can use the 1-2 extra seconds to admire the beauty of the interior. Lol. Seriously though I'm spoiled by the interior and it makes it hard to give it up.


Quick Reply: Trade Value



All times are GMT -7. The time now is 01:40 AM.