IS - 2nd Gen (2006-2013) Discussion about the 2006+ model IS models

07 IS350 Trade In $ ??

Thread Tools
 
Search this Thread
 
Old 07-21-11, 02:59 PM
  #1  
Kybball#1
Racer
Thread Starter
iTrader: (20)
 
Kybball#1's Avatar
 
Join Date: Aug 2009
Location: TN
Posts: 1,340
Likes: 0
Received 1 Like on 1 Post
Default 07 IS350 Trade In $ ??

Does anyone have a guess as to how much I would possibly get if I traded in my car: Here are the specs:

2007 IS350 SGM/Cashmiere
58k Miles
Heated/Cooled Seats
HID's
Nav
Non-ML
Great Cond.
Old 07-21-11, 03:04 PM
  #2  
KillaIS250
Lexus Fanatic
iTrader: (1)
 
KillaIS250's Avatar
 
Join Date: Jan 2011
Location: 909, CA
Posts: 9,119
Likes: 0
Received 5 Likes on 5 Posts
Default

Probably at least $23,500 would be my estimate. Have you tried putting your info into www.kbb.com to see how much they give you as an estimate?

Of course you might get a little more at your Lexus dealer since they do want these used IS's right now to resell as CPO's. Carmax might be a good idea too, if there's one around you just go in and ask for them to value your car. I did that for my old car, took them less than half an hour, they handed me the print out and said I have 7 days to come back if i wanna do it, no hassles
Old 07-21-11, 03:37 PM
  #3  
funnie
Lexus Test Driver
iTrader: (14)
 
funnie's Avatar
 
Join Date: Apr 2009
Location: ca
Posts: 872
Likes: 0
Received 0 Likes on 0 Posts
Default

yeah u should check out carmax. i heard they pay the most when it comes to selling your car.
Old 07-21-11, 03:42 PM
  #4  
threevoIS
Driver
 
threevoIS's Avatar
 
Join Date: May 2011
Location: FL
Posts: 134
Likes: 0
Received 0 Likes on 0 Posts
Default

clean trade is somewhere around $21000...that 23.5k is a little on the high side. Thats using NADA, most dealers use MMR auctions and Blackbook to value trades as they are much more telling of market conditions

We traded in my car which was an 08 same specs as yours with 35k miles for 23k as a point of reference. Your car is worth somewhere around 21k
Old 07-21-11, 03:54 PM
  #5  
SPNinjA
Lead Lap
iTrader: (12)
 
SPNinjA's Avatar
 
Join Date: Mar 2010
Location: DE
Posts: 593
Likes: 0
Received 0 Likes on 0 Posts
Default

I just got a clean trade value of $21,380 for my 07 IS250 AWD from one of local dealerships, lol. I would assume 23k for an IS350 would make sense?
Old 07-21-11, 03:55 PM
  #6  
RocketGuy3
Lexus Test Driver
iTrader: (1)
 
RocketGuy3's Avatar
 
Join Date: Jun 2006
Location: TX
Posts: 1,564
Received 1 Like on 1 Post
Default

Private party sale is probably in the $26K range.
Old 07-21-11, 04:01 PM
  #7  
calvin2376
Racer
iTrader: (2)
 
calvin2376's Avatar
 
Join Date: Dec 2004
Location: MD
Posts: 1,697
Likes: 0
Received 6 Likes on 6 Posts
Default

Originally Posted by Kybball#1
Does anyone have a guess as to how much I would possibly get if I traded in my car: Here are the specs:

2007 IS350 SGM/Cashmiere
58k Miles
Heated/Cooled Seats
HID's
Nav
Non-ML
Great Cond.
Best bet is to 1) check kbb.com, 2) go to Carmax and get a quote, 3) check local dealers for quotes. Carmax tends to lowball, so keep that in mind.

I can tell you that 6 months ago, I bought a car that exactly matches yours except it was Obsidian and was CPO - otherwise it was a 2007 IS350 with 56k miles and the same options/condition. I bought it from a dealer for $24,500. Considering CPO adds $1000 or so to that, a comparable non-CPO would have sold for closer to $23,500. Therefore I think you'd be looking more at a $20,000-$21,000 final trade value. Carmax would probably quote you around $18,000-$19,000, leaving you room for negotiation.

Listen to threevoIS above, he works at a dealer.
Old 07-21-11, 09:47 PM
  #8  
KillaIS250
Lexus Fanatic
iTrader: (1)
 
KillaIS250's Avatar
 
Join Date: Jan 2011
Location: 909, CA
Posts: 9,119
Likes: 0
Received 5 Likes on 5 Posts
Default

Originally Posted by funnie
yeah u should check out carmax. i heard they pay the most when it comes to selling your car.
Negative. Carmax actually likes to make low offers.

But if you get a quote at Carmax, you should use that as the absolute lowest you will trade the car in for at a Lexus dealer. You can negotiate the trade in value, dealers have some wiggle room.
Old 07-21-11, 10:16 PM
  #9  
Sffd103
Fire Slayer
iTrader: (16)
 
Sffd103's Avatar
 
Join Date: Apr 2010
Location: NorCal
Posts: 10,548
Received 9 Likes on 9 Posts
Default

A week ago you were asking what else to purchase for your car, now you wanna trade it in? Are the IS F urges coming on again?
Old 07-21-11, 11:07 PM
  #10  
Hoovey689
Moderator
iTrader: (16)
 
Hoovey689's Avatar
 
Join Date: Oct 2008
Location: California
Posts: 42,283
Received 122 Likes on 82 Posts
Default

^^ ditto, didn't you just do a whole slew of mods
Old 07-21-11, 11:22 PM
  #11  
JoshIS408
- - G T V I P - -
iTrader: (11)
 
JoshIS408's Avatar
 
Join Date: Jul 2009
Location: Bay Area CA
Posts: 4,680
Received 117 Likes on 44 Posts
Default

just buy a gtr and call it a day.
Old 07-21-11, 11:23 PM
  #12  
iRock
Lexus Champion
iTrader: (12)
 
iRock's Avatar
 
Join Date: Aug 2009
Location: Bay Area
Posts: 4,125
Likes: 0
Received 1 Like on 1 Post
Default

IS-F is a mod right?
Old 07-21-11, 11:44 PM
  #13  
chi123
Lexus Test Driver
iTrader: (12)
 
chi123's Avatar
 
Join Date: Nov 2010
Location: Chicago, IL
Posts: 1,356
Likes: 0
Received 5 Likes on 5 Posts
Default

I went to my local dealer for warranty stuff and they said my car has a trade in value of $20,500 a few months ago. I got an '07 IS350 Obsidian at 49k without NAV or ML. Pretty much base model with heated/cooled seats somehow.
Old 07-21-11, 11:57 PM
  #14  
KillaIS250
Lexus Fanatic
iTrader: (1)
 
KillaIS250's Avatar
 
Join Date: Jan 2011
Location: 909, CA
Posts: 9,119
Likes: 0
Received 5 Likes on 5 Posts
Default

^ That's interesting, because my 07 IS250, 52K miles, no nav/ML, is higher than that!
Old 07-22-11, 12:02 AM
  #15  
chi123
Lexus Test Driver
iTrader: (12)
 
chi123's Avatar
 
Join Date: Nov 2010
Location: Chicago, IL
Posts: 1,356
Likes: 0
Received 5 Likes on 5 Posts
Default

Originally Posted by KillaIS250
^ That's interesting, because my 07 IS250, 52K miles, no nav/ML, is higher than that!
I don't know man, KBB said I would get $21000 tops from dealer trade-ins and $24000 from private sale. I contacted multiple dealers cause I wanted to get a BMW 335 instead which are around $22k but they were only valuing my car at $20ish.


Quick Reply: 07 IS350 Trade In $ ??



All times are GMT -7. The time now is 11:11 AM.