'06 LS 430 potential purchase pricing?
#1
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'06 LS 430 potential purchase pricing?
I have been thinking about purchasing a 06 Lexus LS430 with 240k miles on it. It's in decent shape, but kinda seems like it was a travel car. In 2013 the car had 80k miles on it, and 6 years later has gained 160k miles, so that's what my suspicion is. I just don't want to end up buying a dud. What would you say is a fair asking price for it? Considering there is no car service report, and I don't want to purchase a review from Carfax.
Last edited by RA40; 07-17-19 at 11:02 AM. Reason: descriptive title
#2
Buying anything with 240,000 miles entails some (perhaps considerable) risk. I don't know what a "car service report" is, but you can check its Lexus dealer service history on the Lexus website. Although now quite pricey for a single report, Carfax's best value is for records on 6 vehicles for $100.
The maximum asking price (absent any details except mileage) would be somewhat less than $6000 for a stellar example. Deduct from there for problems or needed service.
The maximum asking price (absent any details except mileage) would be somewhat less than $6000 for a stellar example. Deduct from there for problems or needed service.
#3
美少女戦士セーラームーン
iTrader: (24)
My sister has an 02 LS with 267,000 miles on it. We bought it with 236,000 miles on it five years ago. It didn’t need much work when we first got it but now it’s starting to need more maintenance done. We did the 90k service, replaced brakes, radiator, installed coilovers in place of the old struts, and a new battery. The only other work it needs is suspension stuff like lower control arm bushings, tie rods, and a set of engine mounts. Outside of the radiator blowing up in the local dealership’s parking lot, it’s never left us stranded.
It’s not a bad idea to get the car. In the event that you buy it and need parts, RockAuto and eBay will be your best bet for OEM parts. Using those websites for parts has saved me a fortune on our LS430’s and GX470.
It’s not a bad idea to get the car. In the event that you buy it and need parts, RockAuto and eBay will be your best bet for OEM parts. Using those websites for parts has saved me a fortune on our LS430’s and GX470.
#4
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The way I see this is that you can pay for an inspection or pay for the report. If the shop that does the inspection is thorough then you have a pretty clear basis for the decision. Carfax reports can be incomplete but for the price they give a general indicator. Their cost isn't bad in these situations where there is no ready paper trial available.
#5
Lexus Fanatic
It varies all over the place but I personally think it should be 4 figures. Set some money aside for any needed repairs/maintenance, our cars are getting older and older. The newest ones are about 14 years old.
#6
Lexus Fanatic
The way I see this is that you can pay for an inspection or pay for the report. If the shop that does the inspection is thorough then you have a pretty clear basis for the decision. Carfax reports can be incomplete but for the price they give a general indicator. Their cost isn't bad in these situations where there is no ready paper trial available.
#7
Service records are key to your purchase. Without them, it's entirely your call and gamble. Price might not even be pertinent if the car ends up needing major repairs. Regardless of what the mechanic may find the records will reflect not only what's be done but whether the car was cared for or neglected.
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#8
Lexus Fanatic
Not everyone will agree with me, probably most will not. But I don't believe that dealer service records mean much if anything at all. Here's why.
There are all kinds of comments that they think the dealer changed 7/8 plugs because one was hard to do and nobody would ever know, and endless jobs that could be like that. AT the same time, the Lexus business model was to have the car come in every 5k. If one looks at the list of services, it's check this, check that, $500 this. What does checking accomplish (on a car with say 35k miles), and when an entire list of service is to check, was it even done?
Now, go to a car co. where all cars were serviced by the book as in BMW. Does this now mean that all BMWs are great used cars? They have complete and by the book service, because it was free to the owner.
Now lastly, compare the dealer to your indie who lets you walk around their shop and under your car, and shows you the spent fluids and puts the old parts in your trunk. What if a person went there since 0 miles? These shops tend not to bother with carfax. Just food for thought.
btw my car has full and complete Lexus service records to 40k, at which time it went to the 2nd owner and has no records. With me? Last 3 years and 35k? No records. It would not surprise me if I was the 1/3 owners who took the best care of the vehicle.
There are all kinds of comments that they think the dealer changed 7/8 plugs because one was hard to do and nobody would ever know, and endless jobs that could be like that. AT the same time, the Lexus business model was to have the car come in every 5k. If one looks at the list of services, it's check this, check that, $500 this. What does checking accomplish (on a car with say 35k miles), and when an entire list of service is to check, was it even done?
Now, go to a car co. where all cars were serviced by the book as in BMW. Does this now mean that all BMWs are great used cars? They have complete and by the book service, because it was free to the owner.
Now lastly, compare the dealer to your indie who lets you walk around their shop and under your car, and shows you the spent fluids and puts the old parts in your trunk. What if a person went there since 0 miles? These shops tend not to bother with carfax. Just food for thought.
btw my car has full and complete Lexus service records to 40k, at which time it went to the 2nd owner and has no records. With me? Last 3 years and 35k? No records. It would not surprise me if I was the 1/3 owners who took the best care of the vehicle.
#9
Lexus Champion
Not everyone will agree with me, probably most will not. But I don't believe that dealer service records mean much if anything at all. Here's why.
There are all kinds of comments that they think the dealer changed 7/8 plugs because one was hard to do and nobody would ever know, and endless jobs that could be like that. AT the same time, the Lexus business model was to have the car come in every 5k. If one looks at the list of services, it's check this, check that, $500 this. What does checking accomplish (on a car with say 35k miles), and when an entire list of service is to check, was it even done?
Now, go to a car co. where all cars were serviced by the book as in BMW. Does this now mean that all BMWs are great used cars? They have complete and by the book service, because it was free to the owner.
Now lastly, compare the dealer to your indie who lets you walk around their shop and under your car, and shows you the spent fluids and puts the old parts in your trunk. What if a person went there since 0 miles? These shops tend not to bother with carfax. Just food for thought.
btw my car has full and complete Lexus service records to 40k, at which time it went to the 2nd owner and has no records. With me? Last 3 years and 35k? No records. It would not surprise me if I was the 1/3 owners who took the best care of the vehicle.
There are all kinds of comments that they think the dealer changed 7/8 plugs because one was hard to do and nobody would ever know, and endless jobs that could be like that. AT the same time, the Lexus business model was to have the car come in every 5k. If one looks at the list of services, it's check this, check that, $500 this. What does checking accomplish (on a car with say 35k miles), and when an entire list of service is to check, was it even done?
Now, go to a car co. where all cars were serviced by the book as in BMW. Does this now mean that all BMWs are great used cars? They have complete and by the book service, because it was free to the owner.
Now lastly, compare the dealer to your indie who lets you walk around their shop and under your car, and shows you the spent fluids and puts the old parts in your trunk. What if a person went there since 0 miles? These shops tend not to bother with carfax. Just food for thought.
btw my car has full and complete Lexus service records to 40k, at which time it went to the 2nd owner and has no records. With me? Last 3 years and 35k? No records. It would not surprise me if I was the 1/3 owners who took the best care of the vehicle.
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