mier

iTrader: (2)

One of my friend's friend wants to get a nice decent car, My car is 09 IS250 AWD Star fire pearl on black. The interior is almost as new. It has 45k miles now. the body condition is excellent condition with no major scratches. Its fully loaded without ML. I work in city now. I don't really need a car. What do u guys think my car is worth now. I still owe 12k loan on it. its hard decision for me. Please advice me.

AZGHOST

iTrader: (6)

If you like your car don't sell it.

Kweigel

I just recently bought one like yours, same year, Matador Red Mica at Metro Lexus in Cleveland, with about 28k miles on it for 27K dollars. Yours has more miles, a dealer would probably ask 25 or 26 for it. But if you are private selling to a friend, maybe 20 to 24k depending on how good a friend!!!

P128sniper

Hmmm seems quite high for me, before I was looking into is350 I was looking at 2010 is250 AWD with less than 60k miles and I wouldn't pay more than 21k for it at a dealer, let alone private party. And since OP has 2009 I would say right around 17-20k for private seller... Just my opinion.

tex2670

If you were looking to get a new car, and were going to trade in your car, THEN I'd say to look at the KBB trade in value and private party value, and split the difference. You would both come out ahead.

But since you weren't even thinking of selling, that just hurts you. I'd just go with the KBB value for "good" condition.

tex2670

Expand on "fully loaded" AWD/RWD? Nav? Luxury Package? Laser cruise control? Park distance? It makes a difference.

mier

iTrader: (2)

It has AWD NAvigation backup camera heated ventilated seat , adaptive cruise control. Im kinda of thinking to sell it because i only drive it on weekend and put like 50 miles on it every weekend or less. The only reason I think of selling it is It is a IS250 and I dont really like the power of it. I wish I had bougth a IS350

carlos3366

just because you live in the city doesn't mean you don't need a car. Keep your car and your friend, don't sell.

tex2670

It does if he lives in NYC....

mier

iTrader: (2)

I do live in NYC now.

metaleckz

iTrader: (9)

Sell it for 18k
Use 6k for downpayment on new rcf

tex2670

Your insurance is probably pretty high; do you pay to park the car too? I'd definitely sell--especially if you are in Manhattan. You may need it more in the outerboros; but you could always get a ZipCar account for when you need a car.

iRock

iTrader: (12)

Sell it. Go with the kbb value or maybe a little under since he is your friend.

cxc511

Based on your location and the statement about the car being a little underpowered for your liking, I would sell it. My brother had a BMW in Manhattan and when he did the math, the car cost an absurd amount per use just to have around for the weekend. If you find you are really missing a car, you can always buy another one and upgrade. I would also check Auto Trader and see what the market looks like for private party listings as a another reference point on price.

mier

iTrader: (2)

I live in Brooklyn and its park in my garage. i work in midtown and i take subway everyday except on the weekend i drive my lexus. My dad has Acura TSX too and he barely drive it. The only thing that bothers me that is I still like it its a beautiful car and I keep it very nice. It looks exactly like the picture i post 2 years ago.