Steel Blue LFA at Larry Miller Lexus
10-19-12, 06:44 PM
#1
Instructor
Thread Starter
Steel Blue LFA at Larry Miller Lexus
Just listed on AutoTrader, a Steel Blue LFA with VIN that ends in 428.
Listed by Larry Miller Lexus, but they have locations in Murray UT and Spokane WA.
Probably badge #430, I am contacting the dealership to veridy badge and location.
Hoping to get photos, too.
Listed by Larry Miller Lexus, but they have locations in Murray UT and Spokane WA.
Probably badge #430, I am contacting the dealership to veridy badge and location.
Hoping to get photos, too.
06-23-13, 10:14 AM
#5
Instructor
Thread Starter
Yeah, I figured the dealer listed the wrong color in the original AutoTrader ad. It looks to be Steel Gray, not Steel Blue.
In the newest cars.com ad, the badge number is confirmed as #430 and has the above photo accompanying the listing... so we are definitely looking at #430.
In the newest cars.com ad, the badge number is confirmed as #430 and has the above photo accompanying the listing... so we are definitely looking at #430.
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06-25-13, 05:09 AM
#9
I was offered a black one with similar miles for $350k earlier this year (may have been late last year).
A co-owner of a specialty dealer bought it for himself and then decided he wanted out.
A co-owner of a specialty dealer bought it for himself and then decided he wanted out.
06-25-13, 01:39 PM
#11
I think the motivation is to cap the loss.
The guy with 2 LFAs has his first one for sale for $309k.
If I have read the tax set up in Georgia correctly, they pay a one time 7% tax for titling so he got at least a $20k clanking there.
As the car may not sell above $300k, he could be looking at $100k for the pleasure of driving 6000 miles.
The guy with 2 LFAs has his first one for sale for $309k.
If I have read the tax set up in Georgia correctly, they pay a one time 7% tax for titling so he got at least a $20k clanking there.
As the car may not sell above $300k, he could be looking at $100k for the pleasure of driving 6000 miles.
06-25-13, 04:59 PM
#12
yummy. guess i am not ready to be rich yet haha
though i think he's a bit different coz' he still loves the lfa, he just loved to get the first and last lfa (cool factor). i can buy into that story. but a random guy looking at the lfa and said umm ok here 400k and 200 miles later umm... let's sell it and lose 50k. wow
though i think he's a bit different coz' he still loves the lfa, he just loved to get the first and last lfa (cool factor). i can buy into that story. but a random guy looking at the lfa and said umm ok here 400k and 200 miles later umm... let's sell it and lose 50k. wow
06-25-13, 07:29 PM
#13
rominl,
I am with you on this.
I would say that random guy was not the guy who got the allocations.
To me the customers were, the dealership owners, collectors, the rich guy who keeps buying the latest and greatest and then flips into the next car and then a few speculators. There were also a few rich folks who are just crazy about the LFA.
The guy I was talking about first was more of a speculator.
In another thread I mentioned one of the black cars is at an exotic dealer who took it in trade with only 800 miles on it plus the guy's high end Mustang (a new one) for a 458 spider. The latest and greatest guys don't seem to care about taking a bath as long as they can show up to their favorite night club in their ooh and ahh generating ride.
Cars are not the only game capable of generating a bath. I am a few weeks away from closing on an apartment building a guy bought with speculative intent, gutted, dumped a ton of money into and is selling to me for between $750,000 and $1,000,000 less than he has into it. Based on my cost structure, the asset will burp out cash for me till the sun stops shining. And this guy can afford to take the bath and now just wants to focus on his larger properties (I.e. he tried something, saw it did not work for him, is taking his licks and moving on, just like we see in the car world).
I am with you on this.
I would say that random guy was not the guy who got the allocations.
To me the customers were, the dealership owners, collectors, the rich guy who keeps buying the latest and greatest and then flips into the next car and then a few speculators. There were also a few rich folks who are just crazy about the LFA.
The guy I was talking about first was more of a speculator.
In another thread I mentioned one of the black cars is at an exotic dealer who took it in trade with only 800 miles on it plus the guy's high end Mustang (a new one) for a 458 spider. The latest and greatest guys don't seem to care about taking a bath as long as they can show up to their favorite night club in their ooh and ahh generating ride.
Cars are not the only game capable of generating a bath. I am a few weeks away from closing on an apartment building a guy bought with speculative intent, gutted, dumped a ton of money into and is selling to me for between $750,000 and $1,000,000 less than he has into it. Based on my cost structure, the asset will burp out cash for me till the sun stops shining. And this guy can afford to take the bath and now just wants to focus on his larger properties (I.e. he tried something, saw it did not work for him, is taking his licks and moving on, just like we see in the car world).
06-25-13, 11:52 PM
#15
rominl,
I am with you on this.
I would say that random guy was not the guy who got the allocations.
To me the customers were, the dealership owners, collectors, the rich guy who keeps buying the latest and greatest and then flips into the next car and then a few speculators. There were also a few rich folks who are just crazy about the LFA.
The guy I was talking about first was more of a speculator.
In another thread I mentioned one of the black cars is at an exotic dealer who took it in trade with only 800 miles on it plus the guy's high end Mustang (a new one) for a 458 spider. The latest and greatest guys don't seem to care about taking a bath as long as they can show up to their favorite night club in their ooh and ahh generating ride.
Cars are not the only game capable of generating a bath. I am a few weeks away from closing on an apartment building a guy bought with speculative intent, gutted, dumped a ton of money into and is selling to me for between $750,000 and $1,000,000 less than he has into it. Based on my cost structure, the asset will burp out cash for me till the sun stops shining. And this guy can afford to take the bath and now just wants to focus on his larger properties (I.e. he tried something, saw it did not work for him, is taking his licks and moving on, just like we see in the car world).
I am with you on this.
I would say that random guy was not the guy who got the allocations.
To me the customers were, the dealership owners, collectors, the rich guy who keeps buying the latest and greatest and then flips into the next car and then a few speculators. There were also a few rich folks who are just crazy about the LFA.
The guy I was talking about first was more of a speculator.
In another thread I mentioned one of the black cars is at an exotic dealer who took it in trade with only 800 miles on it plus the guy's high end Mustang (a new one) for a 458 spider. The latest and greatest guys don't seem to care about taking a bath as long as they can show up to their favorite night club in their ooh and ahh generating ride.
Cars are not the only game capable of generating a bath. I am a few weeks away from closing on an apartment building a guy bought with speculative intent, gutted, dumped a ton of money into and is selling to me for between $750,000 and $1,000,000 less than he has into it. Based on my cost structure, the asset will burp out cash for me till the sun stops shining. And this guy can afford to take the bath and now just wants to focus on his larger properties (I.e. he tried something, saw it did not work for him, is taking his licks and moving on, just like we see in the car world).
i do wonder if anyone got burnt on the lfa thinking it's a car they could flip on but turned out it's a different story so far
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