LFA Model (2012)

Substantial price reduction on new LFA!

Thread Tools
 
Search this Thread
 
Old 12-13-13, 04:28 AM
  #1  
TQTran
Driver School Candidate
Thread Starter
 
TQTran's Avatar
 
Join Date: Aug 2011
Location: VA
Posts: 24
Likes: 0
Received 0 Likes on 0 Posts
Default Substantial price reduction on new LFA!

Know of a dealer offering 30-50k off on a new white/ red! Seems like a lot doesn't it? What are ya'lls thoughts?
Old 12-13-13, 02:10 PM
  #2  
05RollaXRS
Lexus Test Driver
 
05RollaXRS's Avatar
 
Join Date: Oct 2005
Location: Calgary, AB
Posts: 9,767
Received 2,417 Likes on 1,741 Posts
Default

Silly thread. I think a moderator should remove this thread. No reference, no proof, no pricing details. What do you expect anyone to say? That comment speaks nothing of the market value.

Just one click on dupont registry clearly shows used LFAs with 2000 - 3000 miles are still selling at $330 - $380,000. NASCAR owner Rob Kauffman just recently auctioned his used Lexus LFA Nurburgring Edition for $505,000. About $50,000 over MSRP.

In the light of all this, anyone desperate to sell his car quickly would reduce the price. Still, it does not fall in line with what the consumer pays as the market bears the value. Your example has nothing to do with the market value.
Old 12-13-13, 02:21 PM
  #3  
Joeb427
Lexus Fanatic
iTrader: (1)
 
Joeb427's Avatar
 
Join Date: Aug 2007
Location: SC
Posts: 11,670
Received 15 Likes on 14 Posts
Default

36 new for sale on Autotrader.
I'm surprised with it's limited unit number,all haven't been sold.
Old 12-13-13, 04:14 PM
  #4  
Hoovey689
Moderator
iTrader: (16)
 
Hoovey689's Avatar
 
Join Date: Oct 2008
Location: California
Posts: 42,284
Received 122 Likes on 82 Posts
Default

Originally Posted by Joeb427
36 new for sale on Autotrader.
I'm surprised with it's limited unit number,all haven't been sold.
naysayers see the price and run away, not knowing that the car is worth more and far more exclusive than most everything on the road
Old 12-14-13, 04:13 AM
  #5  
gengar
Moderator: LFA, Clubhouse

 
gengar's Avatar
 
Join Date: Nov 2007
Location: NV
Posts: 5,287
Received 43 Likes on 33 Posts
Default

Originally Posted by Joeb427
36 new for sale on Autotrader.
I'm surprised with it's limited unit number,all haven't been sold.
As I've mentioned previously, nearly all of the Autotrader listings don't have real VINs, so it's hard to take them seriously. Of the few that do, several are actually used even though listed as "new".

That said, I'd love if the resale value plummeted since I'm thinking about picking up a Nürburgring Edition.
Old 12-14-13, 09:15 AM
  #6  
05RollaXRS
Lexus Test Driver
 
05RollaXRS's Avatar
 
Join Date: Oct 2005
Location: Calgary, AB
Posts: 9,767
Received 2,417 Likes on 1,741 Posts
Default

Originally Posted by gengar
As I've mentioned previously, nearly all of the Autotrader listings don't have real VINs, so it's hard to take them seriously. Of the few that do, several are actually used even though listed as "new".
Agreed. There are so many scams on the internet. Of the 178 LFAs in the US, 36 being listed as "new" is highly suspicious on the internet since there are only a handful in showrooms now.

No matter how the resale fluctuates in the shorter term, over the long term it would be exactly like the Toyota 2000 GT (390 in total ever produced) that now sell for over $1.5 million in mint condition.


That said, I'd love if the resale value plummeted since I'm thinking about picking up a Nürburgring Edition.
That is awesome. Then you would be like that German guy who has a standard LFA and a Nurburgring Editon LFA. Would be nice to see both of your LFAs together.
Old 12-14-13, 09:20 AM
  #7  
Joeb427
Lexus Fanatic
iTrader: (1)
 
Joeb427's Avatar
 
Join Date: Aug 2007
Location: SC
Posts: 11,670
Received 15 Likes on 14 Posts
Default

Those 36 for sale are at nationwide Lexus dealers.Lexus dealer scamming?
Old 12-14-13, 09:49 AM
  #8  
05RollaXRS
Lexus Test Driver
 
05RollaXRS's Avatar
 
Join Date: Oct 2005
Location: Calgary, AB
Posts: 9,767
Received 2,417 Likes on 1,741 Posts
Default

Originally Posted by Joeb427
Those 36 for sale are at nationwide Lexus dealers.Lexus dealer scamming?
If it does not have the VIN and does not state the mileage then yes it is a scam.

There is no way there are 36 brand new LFAs at present in US (as in, less than 50 miles on them).

Last edited by 05RollaXRS; 12-14-13 at 09:58 AM.
Old 12-14-13, 09:58 AM
  #9  
Joeb427
Lexus Fanatic
iTrader: (1)
 
Joeb427's Avatar
 
Join Date: Aug 2007
Location: SC
Posts: 11,670
Received 15 Likes on 14 Posts
Default

Originally Posted by 05RollaXRS
If it does not have the VIN and does not state the mileage then yes it is a scam. There is no way there are 36 brand new LFAs at present (as in, less than 50 miles on them).
37 now as one more was added..
Interesting.
However,I can't see why a Lexus dealer would pay for advertising on a vehicle they don't have or can get.
It's not like they can sell you anything else like that if you call.
Old 12-14-13, 10:10 AM
  #10  
05RollaXRS
Lexus Test Driver
 
05RollaXRS's Avatar
 
Join Date: Oct 2005
Location: Calgary, AB
Posts: 9,767
Received 2,417 Likes on 1,741 Posts
Default

Originally Posted by Joeb427
37 now as one more was added..
Interesting.
However,I can't see why a Lexus dealer would pay for advertising on a vehicle they don't have or can get.
It's not like they can sell you anything else like that if you call.
Why don't you post link up to your 36 brand new or whatever car search you are seeing so that other people can look?

In the case of Herb chambers, his LFA was posted by "someone else" who had pictures of the car with his dealership name on various sites including eBay.

You seem unaware that there are a lot of scammers on autotrader. A proper reliable exotic source for exotic sales is DuPont Registry and there are only 12 LFAs for sale and many of them are used and some outdated. Roy Mallady's two LFAs are still listed on there, but they were sold 3 months ago.

Last edited by 05RollaXRS; 12-14-13 at 10:19 AM.
Old 12-14-13, 10:21 AM
  #11  
Joeb427
Lexus Fanatic
iTrader: (1)
 
Joeb427's Avatar
 
Join Date: Aug 2007
Location: SC
Posts: 11,670
Received 15 Likes on 14 Posts
Default

Now back to 36
Yes,I'm unaware of Autotrader scammers.
I would have thought dealers would have Autotrader stop the scamming.

http://www.autotrader.com/cars-for-s...rch=true&Log=0

Last edited by Joeb427; 12-14-13 at 10:24 AM.
Old 12-14-13, 10:27 AM
  #12  
05RollaXRS
Lexus Test Driver
 
05RollaXRS's Avatar
 
Join Date: Oct 2005
Location: Calgary, AB
Posts: 9,767
Received 2,417 Likes on 1,741 Posts
Default

There is no detail on many of the cars. No mileage to see if they are used or new, no VIN on many of them. Many of them state 1000+ miles on them. No credibility to this search here.

Not because of the scam angle, but no way to validate they are not outdated ads that have not been taken down. Roy Mallady's 2 LFAs were sold three months ago and they are still listed for sale when one of them is now in Poland already.

p.s. McGrath's LFA Nurburgring Edition has been used in many contests and has seen track many times (including LFA yearly events) and it is listed for sale at $455K here. That is far from new.


Originally Posted by Joeb427
Now back to 36
Yes,I'm unaware of Autotrader scammers.
I would have thought dealers would have Autotrader stop the scamming.

http://www.autotrader.com/cars-for-s...rch=true&Log=0

Last edited by 05RollaXRS; 12-14-13 at 10:36 AM.
Old 12-14-13, 10:37 AM
  #13  
Joeb427
Lexus Fanatic
iTrader: (1)
 
Joeb427's Avatar
 
Join Date: Aug 2007
Location: SC
Posts: 11,670
Received 15 Likes on 14 Posts
Default

I see.....
I didn't click on any.
Old 12-17-13, 05:05 PM
  #14  
Joe Z
Lexus Fanatic
iTrader: (10)
 
Joe Z's Avatar
 
Join Date: Nov 2004
Location: Under an IS F since 2008
Posts: 13,446
Received 1,058 Likes on 586 Posts
Exclamation

Originally Posted by 05RollaXRS
If it does not have the VIN and does not state the mileage then yes it is a scam.

There is no way there are 36 brand new LFAs at present in US (as in, less than 50 miles on them).
FYI... Yes there can be.. And yes they can be legally sold as NEW with over 50 miles...

ANY LFA sitting in a showroom floor that has NEVER been registered is still NEW...

Doesn't matter if it has 50, 100, 200, 500 or 1,500 miles...

It just means the right person at the dealership is allowed to drive it.

At this point, they are considered leftovers from 2012., since all were manufactured in 2011-2012.
(Some early first wave ones were manufactured end 2010)

~ Joe Z
Old 12-19-13, 12:10 PM
  #15  
gengar
Moderator: LFA, Clubhouse

 
gengar's Avatar
 
Join Date: Nov 2007
Location: NV
Posts: 5,287
Received 43 Likes on 33 Posts
Default

Originally Posted by Joeb427
37 now as one more was added..
Interesting.
However,I can't see why a Lexus dealer would pay for advertising on a vehicle they don't have or can get.
It's not like they can sell you anything else like that if you call.
More likely, it's a bait-and-switch type tactic where they list a new car and when prospective buyers call, they tell them they only have a used one left.

The bottom line is that if they were serious, they'd list the VIN.


Quick Reply: Substantial price reduction on new LFA!



All times are GMT -7. The time now is 06:49 PM.