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

I owe $15K on my '06 GS 300 AWD. should I sell?

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Old 01-30-10, 07:39 PM
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Rattletale
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Default I owe $15K on my '06 GS 300 AWD. should I sell?

how much can i get for it?
32K
ml / nav / everything except parking sensors and radar cruise.
thinking i should sell and buy something for cash with the balance. assuming i can get more than $15k.

no one wants the 300, right
Old 01-30-10, 08:29 PM
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R.DUB
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look in autotrader and ebay (buy it now)to see what comparables are selling for to get an idea
Old 01-30-10, 08:35 PM
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kazakh
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It's AWD
Old 01-30-10, 09:22 PM
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BinaryJay
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Use it as a trade in. I dunno about there but on trade ins especially if it's worth something it makes up for the difference in retail price because you save on that amount in taxes.

If it were me i'd just keep it, there's nothing wrong with the 300. Drive the hell out of it, it will go for another 10 years. Especially if you owe money on it.
Old 01-30-10, 09:46 PM
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Rattletale
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Originally Posted by kazakh
It's AWD
Doesn't awd add about $800 to the value when selling used?

i'd rather have RWD, but that was all i could find at the time. i bought used, everything else was right, mileage (20K), color and options. I paid $35K 2 years ago.
Old 01-30-10, 10:03 PM
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Originally Posted by BinaryJay
Use it as a trade in. I dunno about there but on trade ins especially if it's worth something it makes up for the difference in retail price because you save on that amount in taxes.

If it were me i'd just keep it, there's nothing wrong with the 300. Drive the hell out of it, it will go for another 10 years. Especially if you owe money on it.
eh, i'll just get ripped off again if I trade it in. i'd rather sell myself for hopefully $27-29K, pay off the note and maybe buy something cheap for $10k cash. No more payment that way.
Old 01-30-10, 10:28 PM
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BinaryJay
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Originally Posted by Rattletale
eh, i'll just get ripped off again if I trade it in. i'd rather sell myself for hopefully $27-29K, pay off the note and maybe buy something cheap for $10k cash. No more payment that way.
You're going to go from a GS to a 10K car? Ouch. What can you get for 10K anyway? Granted if the reason you're asking about it is for monetary necessity then what can ya do, but otherwise I still say just keep paying off the car and enjoy it until it won't roll any more.
Old 01-31-10, 12:36 AM
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THE.K.W.C
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fYI I bought my 06 gs awd no mL for 19000$ usd
Old 01-31-10, 06:38 AM
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Modeler
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Originally Posted by Rattletale
Doesn't awd add about $800 to the value when selling used?

i'd rather have RWD, but that was all i could find at the time. i bought used, everything else was right, mileage (20K), color and options. I paid $35K 2 years ago.
On the GS AWD might actually reduce the resale value due to the reported poor reliability of AWD models by Consumer Reports.
Old 01-31-10, 08:27 AM
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Do not do a trade in.. We all know that the dealer doesn't give you anything on a trade in.. Sell it outright and pick up a used GS400/430.. I think you would b happy with RWD and 300HP
Old 01-31-10, 08:32 AM
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ItsChris
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if you trade it in, you'll probaby get low 20's w/ the mileage on your side. I'd probably trade it in for a 06 430, or step up to a 350 if you can. Selling the car, and then buying a $10k is REALLY going to hurt, and I'm sure you will not be happy. But totally up to you.
Old 01-31-10, 09:52 AM
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Originally Posted by -the.k.w.c
fYI I bought my 06 gs awd no mL for 19000$ usd
Seriously? When? And how many miles did it have? That is really depressing.
Old 01-31-10, 09:53 AM
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Originally Posted by Modeler
On the GS AWD might actually reduce the resale value due to the reported poor reliability of AWD models by Consumer Reports.
edmunds adds about $800 when you TMV it.
Old 01-31-10, 09:55 AM
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Originally Posted by BinaryJay
You're going to go from a GS to a 10K car? Ouch. What can you get for 10K anyway? Granted if the reason you're asking about it is for monetary necessity then what can ya do, but otherwise I still say just keep paying off the car and enjoy it until it won't roll any more.
i could get a 2nd Gen Legend coupe with a bazillion miles on it. Or maybe an 8 year old Accord. dunno. It seems like there are TONS of cars on the market, and lots of desperate sellers. Why can anyone command a steep price on anything? Very little is actually 'in demand'. most cars are just commodities.
Old 01-31-10, 04:25 PM
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NiceGS300
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dont sell until the gsf arrives!!! i have an 06 gs300 awd i bought in july of 08 it had 39000 miles the sticker price was 36000 and at the time was worth 40000 i talked him down to 31800 with an interest rate 9.8 down to 7.5 percent i love the car its been great to me if u feel the same keep it i am until the the gsf comes out i will have to get it!!! hopefully the gsf will be a 2door coupe


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