IS - 1st Gen (2001-2005) Discussion about the IS models up to the 2005 model

Input on selling an 2005 IS300

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Old 10-28-10, 09:52 AM
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Shahriar35
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Default Input on selling an 2005 IS300

Hey all, I am pretty new to this site. I am actually a big Honda freak and am part of many Accord, Integra Type R and SCCA related forums but I joined this site and MyIS because of my lady's 05 IS300.

We recently purchased her 05 IS about 4-6 months ago but she is not happy with the gas milage. Especially since shes a social worker, the wallet tends to hurt.

So we have decided that we are going to sell the IS and get her a Mini which would be better on gas.

What I need input on is the selling price. Here is the details

2005 Lexus IS300
Milage: 37,000 (the best part)

History: We are the second owner, we purchased the car from a dealership. The first owner was from Texas and on the west coast, so there is no rust. The car was in a little accident by the previous owner, I believe the hit was on the driver side rear door, it is the only one without a VIN. But it has been replaced. Body wise I would give it a 8.5 out of 10.

Interior: The interior is pretty flawless too. Of course the interior will be shampooed prior to sale

Exterior: The exterior will be waxed prior to sale. It has a blemish on the front bumper on the right corner and the left rear door has a ding on the lower area, its hard to see unless really looked at.

Engine seems to be running great, I recently did the first oil change with Mobil1 and Pure One Filter

Tires and Suspension: Stock suspension and tires are pretty much brand new. Bridgestone Potenza RE0-40 215/45/17.

Wheels have some marks on them from previous owner.

So the car is all stock and very low milage. I would to get an idea of what to sell her for. Thanks
Old 10-28-10, 10:15 AM
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baadhabit
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start with KBB.com then pull an average from what similar cars are selling for on AutoTrader
Old 10-28-10, 10:21 AM
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llllllllll
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I think if mods see this they're gonna delete this post because it's kind of a classified and you don't have a high enough post count. I'm not a rat, hopefully no one else says anything.

But to answer your question.
1 - Look up used car value / private party sale value on www.kbb.com and go from there.
2 - Look on autotrader.com and cars.com and see what other people with similar cars are selling their cars for.
3 - Don't even waste your time with craigslist you will get nothing but lowballers and you will be dealing with the scum of the earth who thrive on that site.
4 - get your post count up and make a couple friends on her or my.is and you can post a classified ad here too.
5 - Don't trade it in, you will get ripped off they'll give you like $6 or $7 thousand for it. If they tell you they'll give you $6 or $7,000 trade in value, it's better to just sell the car to some stranger for that price and give them a great deal than to let the stealership rip you off and make big profits off of you...............
Old 10-28-10, 10:40 AM
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Shahriar35
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Yea sorry for making it sound like a FS thread. I just wanted to get the details straight. KBB has it at $17,000 at excellent condition.
Old 10-28-10, 12:14 PM
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llllllllll
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Dam... Can get a 2006 IS250 with 50k+ for that price.
Good luck bro

But really, don't do trade in... My girl got a brand new A4 back in 09 and she traded her 03 or 04 IS which was valued at 15,900, they gave her only $7,000 credit for her trade in... crazy!!

Last edited by llllllllll; 10-28-10 at 12:17 PM.
Old 10-28-10, 04:24 PM
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jadu
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take it to carmax. they always seem to give the lowest value on kbb
Old 10-28-10, 07:35 PM
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03LexIS300
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Honestly man if it were me I would not get rid of the IS to get a mini. if your going to get rid of it and want something for gas mileage I say get a Honda or another Toyota product that gets better milage. As everyone else said do not trade it in, they will give you like half of what it's worth.
Old 10-30-10, 03:56 PM
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ISNINE
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I would start at 17k but would include an OBO for sure...
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