mclem17

ok well heres my question. i have a very goo dfriend who is trying to sell his car, 2006 gs300 awd navi, 38k miles selling to me ofr 21k since he is a good friend of mine. the only problem is that it is a "lemon" manufacturer buy back. the problem isnt mechanical , its a cosmetic defect. apparently the cars driver side door rubs up against the front fender. the problem has been fixed but the car still has a clean title with a "manufacturer buyback" stick. do you think this car is still worth it? thanks again guys

arnieosp

iTrader: (1)

If you want to drive it for a while, go for it. If you want to keep it for a year or two and then sell it, stay away. I owned couple of cars with "totalled/reconstructed" titles. The branded title is only relevant when you are trying to sell an expensive car. Driving it is no different then any other car, providing it was fixed right.

GS350Lexus

iTrader: (5)

Yes take it. But i would work out a better price with him under 20k for sure.

ek9vboi

iTrader: (3)

ehhhh...

Forget it. Find a GS350 with a nice and clean title. You will be much more happy.

arnieosp

iTrader: (1)

... if you can spend about $10K more.

I8ABMR

you buy it from your buddy then in the future when you want to sell it nobody will even look at it because its got a salvaged title

The G Man

A buyback title is quite as bad as a salvaged title, but I would look into it a little more. Seems strange to me a simple thing like a door alignment can warrant a buyback. If it turns out to the case, then offer him market value minus 10 to 20% for the buyback title, that way, when you decide to sell it, you will not have a hard time.

dunnojack

the only buyback reason i've heard of regarding the GS is rattles.

lexus will buyback a car for that reason if you meet the state's lemon law requirements.

GS350Lexus

iTrader: (5)

My gs was a buyback lemon law title when i bought it. It was a rattle next to the windshield. A lemon law is when u come to the dealership for the same problem 3 times and they can't fix it u can have them buy it out. When i bought it the rattle has been fixed

kyang91

iTrader: (5)

this is a very interesting topic, never really know that before.

GS350Lexus

iTrader: (5)

also i know ppl who did lemon law on purpose becausw some manufactors offer you all the payments u made before on it. Basiclly if u lease a car for 3 years and u pay 500 a month for it and you had it for 10 months and then u dont like it and wanna get rid of it. Dont want to do insurance scam u can go to ure mechanic and have him turn on check engine light neatly so it can't be seen and then on the third time get it lemoned lawed. As i stated before some manufacters take it back and give u bak the money for the months u paid. Basiclly a free car. So dont be too scared take the vin take it to lexus and see if it was serviced there before. Thats what i did all the oil changes n rattles was done in lexus.

The G Man

In most case, Lexus offer buy back on minor issues out of good will. Rattles do not qualified for buyback, at least not in MA. A buyback have to be an issue which render the car un-driveable or if its a safety issue.

GS350Lexus

iTrader: (5)

My car is from MA so go figure what kinda good laywer the guy got.