should I feel comfortable with this '12 F purchase?!
12-16-15, 12:13 PM
#1
Racer
Thread Starter
should I feel comfortable with this '12 F purchase?!
Have the opportunity to purchase a 2012 F with 25k miles on it for $44k.
Only has 1 owner, no accidents, clean title, perfect shape inside and out (from what I can tell thru pics...haven't seen it in person as its 14 hrs away from me). It's the color/year/mileage combination I've been patiently waiting for for over a year! BUT, it only has factory warranty until March 2016 or 50k miles, which obviously March will comes first. Should I be comfortable paying this price/for this car with 3 months warranty?! It's not CPO. It also won't be my daily driver, I'd be lucky to put 5k miles on it in a year.
I've had my IS300 since 2006 and have loved every bit of it and has given me next to zero issues...now with 190k on it! If the F will be anything like the IS300, I think I'll be fine. But lmk your opinions please! Thanks!
V.
Only has 1 owner, no accidents, clean title, perfect shape inside and out (from what I can tell thru pics...haven't seen it in person as its 14 hrs away from me). It's the color/year/mileage combination I've been patiently waiting for for over a year! BUT, it only has factory warranty until March 2016 or 50k miles, which obviously March will comes first. Should I be comfortable paying this price/for this car with 3 months warranty?! It's not CPO. It also won't be my daily driver, I'd be lucky to put 5k miles on it in a year.
I've had my IS300 since 2006 and have loved every bit of it and has given me next to zero issues...now with 190k on it! If the F will be anything like the IS300, I think I'll be fine. But lmk your opinions please! Thanks!
V.
12-16-15, 12:26 PM
#2
Honestly, I would feel very comfortable. The worst thing that can happen is that you might want to consider extended warranty afterwards. It might be unnecessary, or it might actually be needed, but at least you'll have peace of mind. Just for reference, I purchased my extended warranty when I bought the car, and there were a few items I needed replacing. Some, like myself, felt that it was needed at time just to have that "what if" feeling in the back of your mind.
Other than that, for $44k, I would say it can be negotiated down to 41-42k for a better deal. I'm seeing some 2011 models that are going in the 39-42k range, so the 2012 model you're looking at if very reasonable (but it certainly can't hurt to negotiate). This is just a quick search on AutoTrader and cars.com.
Best of luck!
Other than that, for $44k, I would say it can be negotiated down to 41-42k for a better deal. I'm seeing some 2011 models that are going in the 39-42k range, so the 2012 model you're looking at if very reasonable (but it certainly can't hurt to negotiate). This is just a quick search on AutoTrader and cars.com.
Best of luck!
12-16-15, 01:10 PM
#3
I wouldn't worry about it. Perhaps take it to Lexus and have it inspected. The only things I'd be worried about (assuming there's no documentation), would be front and rear brake pads, front rotors, and tires. Brakes and tires are pricey on these cars and they don't last long.
Lastly, be careful with the "no accidents" thing. No accidents and no "reported" accidents are two very different things. Lots and lots of cars are wrecked and not reported to the agencies. Based on my personnel experience, my guess is about 50%+ of the late model used cars on the market have been in a somewhat serious collision requiring body work/reshaping.
Make sure to open the doors, trunk, hood, fuel door, etc. and check for overspray and tape lines in the door jambs. Look under the car for scraps, dents in exhaust pipes and underbody panels, etc. Using a flexible flat sheet magnet, randomly test the panels for magnetism. The magnet should stick to all metal panels except the hood which I believe is aluminum. If the magnet doesn't stick, it likely means the panel has body filler. Not good. Visually inspect every panel in bright light to make sure the paint is consistent in color and texture. In order to do this, the car needs to be clean and not wet. Keep in mind bumper colors and other plastic panels can have a slightly different color shade and that's normal.
Lastly, be careful with the "no accidents" thing. No accidents and no "reported" accidents are two very different things. Lots and lots of cars are wrecked and not reported to the agencies. Based on my personnel experience, my guess is about 50%+ of the late model used cars on the market have been in a somewhat serious collision requiring body work/reshaping.
Make sure to open the doors, trunk, hood, fuel door, etc. and check for overspray and tape lines in the door jambs. Look under the car for scraps, dents in exhaust pipes and underbody panels, etc. Using a flexible flat sheet magnet, randomly test the panels for magnetism. The magnet should stick to all metal panels except the hood which I believe is aluminum. If the magnet doesn't stick, it likely means the panel has body filler. Not good. Visually inspect every panel in bright light to make sure the paint is consistent in color and texture. In order to do this, the car needs to be clean and not wet. Keep in mind bumper colors and other plastic panels can have a slightly different color shade and that's normal.
Last edited by XutvJet; 12-16-15 at 01:16 PM.
12-16-15, 02:34 PM
#6
Pole Position
Have the opportunity to purchase a 2012 F with 25k miles on it for $44k.
Only has 1 owner, no accidents, clean title, perfect shape inside and out (from what I can tell thru pics...haven't seen it in person as its 14 hrs away from me). It's the color/year/mileage combination I've been patiently waiting for for over a year! BUT, it only has factory warranty until March 2016 or 50k miles, which obviously March will comes first. Should I be comfortable paying this price/for this car with 3 months warranty?! It's not CPO. It also won't be my daily driver, I'd be lucky to put 5k miles on it in a year.
I've had my IS300 since 2006 and have loved every bit of it and has given me next to zero issues...now with 190k on it! If the F will be anything like the IS300, I think I'll be fine. But lmk your opinions please! Thanks!
V.
Only has 1 owner, no accidents, clean title, perfect shape inside and out (from what I can tell thru pics...haven't seen it in person as its 14 hrs away from me). It's the color/year/mileage combination I've been patiently waiting for for over a year! BUT, it only has factory warranty until March 2016 or 50k miles, which obviously March will comes first. Should I be comfortable paying this price/for this car with 3 months warranty?! It's not CPO. It also won't be my daily driver, I'd be lucky to put 5k miles on it in a year.
I've had my IS300 since 2006 and have loved every bit of it and has given me next to zero issues...now with 190k on it! If the F will be anything like the IS300, I think I'll be fine. But lmk your opinions please! Thanks!
V.
I bought my 2011 (non CPO) with 32k miles in November 2014 with about 6 months of warranty left. Only warranty work I had done was the bubbling headlight housing issue.
12-16-15, 03:38 PM
#7
Racer
Thread Starter
OK, I brought this concern up and they said they can swing $42.5k! I think that's an awesome price for a '12 with only 25k miles on it personally. They said I'd have fresh fluid change and also they put fresh rubber on it! Think I'll go for it.
Also, what does an extended warranty usually run? Can that be added on at any dealership?
Thanks for the replies again!
V.
Also, what does an extended warranty usually run? Can that be added on at any dealership?
Thanks for the replies again!
V.
Trending Topics
12-16-15, 04:04 PM
#10
Pole Position
OK, I brought this concern up and they said they can swing $42.5k! I think that's an awesome price for a '12 with only 25k miles on it personally. They said I'd have fresh fluid change and also they put fresh rubber on it! Think I'll go for it.
Also, what does an extended warranty usually run? Can that be added on at any dealership?
Thanks for the replies again!
V.
Also, what does an extended warranty usually run? Can that be added on at any dealership?
Thanks for the replies again!
V.
