What's a mint condition '97 worth?
#32
Intermediate
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#34
lol
"
Nothing in Dicer's world is worse than having an opinion different than his. It's just not allowed to stand without comment.[/QUOTE]I agree those type of things aren't his opinion . Last thing I want to hear is somebody telling me how to spend my money . This is why I try to stay off this site . I've seen debates go into punchline and argument over something that shouldn't never been said ..
Nothing in Dicer's world is worse than having an opinion different than his. It's just not allowed to stand without comment.[/QUOTE]I agree those type of things aren't his opinion . Last thing I want to hear is somebody telling me how to spend my money . This is why I try to stay off this site . I've seen debates go into punchline and argument over something that shouldn't never been said ..
#35
Pole Position
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If you like this site then visit as often as you like and never allow petty arguments to push you away!!!!
#36
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A forum like this is going to have a wide range of views. In these instances we'd ask you to add that member to your ignore list. In your PM section on the left hand side there is a tab to Edit Ignore List, click on that and enter the user name that you wish to not see responses from.
#38
Thought I would put my two cents in ..... yeah I am a little late...
I have a 97 coach version Will do all repairs myself, well maybe not the transmission replace/rebuild If anyone wants to take it off my hands it would cost more than 5K maybe 6K
haha 1997 Lexus LS400 12/16 154K
I have a 97 coach version Will do all repairs myself, well maybe not the transmission replace/rebuild If anyone wants to take it off my hands it would cost more than 5K maybe 6K
haha 1997 Lexus LS400 12/16 154K
#39
Driver
So, in the end, it is not about "how much is this car worth to me?" but "how much are the people out there willing to pay for it" And most people see a 20 year old Lexus as a gas guzzler that is expensive to repair and that is a huge risk in terms of potential repair costs. Things that will probably need changing, in no particular order: suspension parts (all of them = easily more than a grand in expenses); tires; timing belt + WP; caps in the ECU; AT solenoids; fuel filter, and so on.
I am thinking that even with low mileage, this is an old car, without most of the benefits of the newer 2nd gen (like 5sp AT and lower gas consumption) so I would offer $2500 at the most and negotiate up to about $3000.
As I said, I have followed many of these great looking examples and they do not sell, especially not in this hot economy we have going. Why would anyone buy a risk, when they can lease a brand new car which is easy on gas, for less than it costs to repair a used one over the next two-three years.
I am thinking that even with low mileage, this is an old car, without most of the benefits of the newer 2nd gen (like 5sp AT and lower gas consumption) so I would offer $2500 at the most and negotiate up to about $3000.
As I said, I have followed many of these great looking examples and they do not sell, especially not in this hot economy we have going. Why would anyone buy a risk, when they can lease a brand new car which is easy on gas, for less than it costs to repair a used one over the next two-three years.
Now I am considering buying a LS400 and keeping my existing car, a 1997 Toyota Corolla, with 143k miles, as a backup.
If this was a Corolla discussion group, I would say that the Corolla that I bought with 60k miles 14 years ago, has been the most reliable car that I have ever owned. Much more reliable than an Acura integra and a Honda Accord that I also owned for many years.
I replaced a front wheel bearing for $200 recently at 140k miles,
but that is the only repair, other than routine maintenance,
that I can remember in the 14 years that I have owned it.
I have test driven 2 different LS 430s recently and both needed a least $500 in repairs for different power equipment.
It seems to me that most owners that post here are hobbyists, that hardly ever have repairs for a well maintained car.
But in any given year you could spend several thousand in repairs,
and that's even buying the parts yourself and finding a low cost mechanic to install them.
So conservatively if you owned the car for 5-10 years,
you should plan on spending 3-4k a year, some years, to maintain it?
WORST CASE SCENARIOS
But if you are only going to own the car for a few years,
it may not be worth it.
You could buy one for $5,000, spend another $5,000 in repairs in 2 years.
and then have trouble selling it for 3-4,000.
Can anyone disagree with my thinking here?
Last edited by jgcec; 02-06-17 at 03:32 PM. Reason: clarity
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vredniykot
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07-24-07 04:48 PM