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

What do you guys think of this price for a '08 IS250 AWD?

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Old 08-05-11, 06:29 AM
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phatjoe
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Default What do you guys think of this price for a '08 IS250 AWD?

Hey,

I stopped by a lexus dealership. The IS 250 awd has 30k miles, auto, dark blue with black interior, CPO, but no navi.

The list price was $27,995, and he came down to $26,995. They wouldn't budge below that number. I actually offered $26,500 and the answer was no. I walked out stating I had to think about...

Anyway, I think it sounds pretty good. Interested in your thoughts. The used car market is pretty competitive right now.

As an alternative, I had hoped to find a 2008 with navi (no CPO), but I'm having a hard time finding that locally (Chicagoland area).

Thanks,
P
Old 08-05-11, 07:54 AM
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GilIS250
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Over priced bro.. I got my '08 IS250 RWD, no navi, premium package with 24.5k miles for 25k and that was last year in January (or it might have been February)...
Old 08-05-11, 08:03 AM
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Miggs
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CPO is worth it..

3 years from date of pre-owned sale or 100,000 total vehicle miles NOT BAD

i found this in chicago.. $27,996 07 AWD WITH NAVI <20K MILES... YUMMY WISH I COULDA GOT THIS DEAL..


http://stlouis.craigslist.org/ctd/2518117360.html
Old 08-05-11, 08:13 AM
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Miggs
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i ran the VIN on that lexus and it comes out clean, all recalls done and such...

4WD LINE OFF DATE: 11/15/2006 JTH-CK262-575010322

TUNGSTEN PEARL. INTERIOR IS BLACK,ACCESORIES ADDED :
CARGO NET,HID HEADLAMPS WITH ADAPTIVE FRONT (afs), TRUNK MAT, NAV SYSTEM, ALL WEATHER MATS, WHEEL LOCKS, WOOD INTERIOR TRIM,

ps all recalls were done at Mcgrath LExus of chicago..

I dont work for them I'm in st louis.. im just helping you as much as I would have liked to been helped before i purchased my isx50


I'd offer them 26.5?

STILL UNDER LEXUS WARRANTY
BASIC EXPIRED 6/30/11..
BUT POWERTRAIN IS STILL GOOD TIL 70K OR 6/30/2013

THE only thing is i dont know why it isnt CPO... ID ask them about that... its eligible under lexus but for some reason its not listed on their ad
Old 08-05-11, 12:20 PM
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Phresh2010
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my friend bought his 09 250awd at arlington lexus for 25k and baout 28 otd cpo, he had 28k miles white and tan and no navi, but his car came with new brakes and tires

tell them you want 27otd? see if that will work, which dealer is this from?
Old 08-05-11, 12:33 PM
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chi123
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You can get a better deal that that. My friend was considering selling '07 IS250 AWD for $24k-25k with under 30,000 miles. He has NAV and back-up camera too. Not sure if he's even considering it now since he just wanted a new car back then.

I got my '07 IS350 with 49,000 miles almost a year ago for $20,300. It has no NAV but does got heated/cooled seats. I purchased in October but saw the ad since August going for $26,000k initially. 1 1/2 months later, price dropped to $22,000 since it hasn't sold yet. I called and they dropped to $21,000. I went to dealer and negotiated $20,300 and they said yes. Not to mention, they changed the oil, all brake pads, brake fluid, engine air filter, and cabin filter before they sold to me. Car also had Blizzak tires so a big plus in Chicago.

Wait longer and you'll probably find a better price. Try not to buy from Lexus dealers too. I bought mine from a Porsche/Ferrari/Lambo dealer in Bensenville. Sadly, I think they ran out of business recently.

Last edited by chi123; 08-05-11 at 12:41 PM.
Old 08-05-11, 02:13 PM
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2slixx
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Well.. I bought my 250 in 06 of spring.. w00t proud owner of the first few 2is.. I got them to lower from 36 after tax to 31 so I thought it was legit... I also downed 15k so that could be the reason why they said ok... good deal IMO.
Old 08-05-11, 02:15 PM
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threevoIS
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Originally Posted by 2slixx
Well.. I bought my 250 in 06 of spring.. w00t proud owner of the first few 2is.. I got them to lower from 36 after tax to 31 so I thought it was legit... I also downed 15k so that could be the reason why they said ok... good deal IMO.
Money down has nothing to do with the dealers profit. They dont care if you put 0% or 100% down. They get nothing out of it
Old 08-05-11, 02:21 PM
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516IS
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I think the price is fair, considering the CPO warranty for peace of mind.
Old 08-05-11, 06:17 PM
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phatjoe
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I got the price quote from Woodfield Lexus.

I did a little bit more research today, and I think the price is fair. It may be higher than what others have paid, but I think maybe it's due to the market conditions.

Using Cars.com, I set my parameters as such: 500 mile radius, yr 2008, and under 40k miles. There were 124 cars listed. At $26,750 it would be 26th cheapest IS250.

Setting to CPO, it drops to 30+ cars. At $26,750, it's the cheapest CPO car.

If anyone knows of anyone selling it for cheaper...PLEASE let me know!
But the price seems fair...

Thanks
Old 08-07-11, 07:15 PM
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CPO is definitely worth it. However, the price is very high - that's because of general used car market conditions right now. I would highly, highly recommend waiting even just a few months for used car prices to come down. I became very familiar with used 2IS prices while doing research before I bought my IS350 back in January. Since then, prices have skyrocketed. Every time someone posts a new "Is this price good?" thread on CL, the deals are worse and worse (relative to what they were only 6 months ago).

So that price might be the best deal out there for that particular car right now based on today's market. But today's used car market is very hot and prices are sky-high. That's why you're seeing everyone else posting that they got better deals - it's because they bought before the market took off.
Old 08-07-11, 09:37 PM
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coverchian
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Immediately after my son's graduation in May this year, I bought a 2008 IS250 at $19,500 from a private party for him. The timing was right, so was the price. The car with 35,000 miles on it was fully loaded by the dealer (NAV, back review camera, leather, moon roof etc), running perfectly. easy price negotiation.
Old 08-07-11, 11:17 PM
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lowis250
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I SAY NO just got my 2008 is250 rwd with 45k for 23,500
ps go private party will save you cash and you can get a better deal
Old 08-08-11, 05:57 AM
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BLexodus
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If you really want Navi, hold out for Navi, plus you can probably get a better deal! I'm betting in chicago that there are a lot cars to chose from.
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