2011 LS460L 18k miles, what's the right price for it
#1
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2011 LS460L 18k miles, what's the right price for it
Dealer has a LS460L, 2011, 3 yr 8 month old, with 18k miles on it.
with navi,
clean nice car.
what do you think is the right price for it?
Thanks,
with navi,
clean nice car.
what do you think is the right price for it?
Thanks,
#2
I would plug in all the specifics at edmunds, kbb and nada, and then average them and you'll get a ballpark idea.
#4
Instructor
From my experience, if the car checks out service-wise and has not been involved in an accident, anything under $45K would probably be a reasonable deal (especially if the car is a CPO from a Lexus dealer). Anything under $40K would be a complete steal. What is the dealer currently asking for the car?
#5
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Thread Starter
thanks a lot for the help.
dealer initial asking price was 51500 (3wks ago)
price dropped last weekend to 49,000
seems 45000 ~ 46000 would be good deal.
dealer initial asking price was 51500 (3wks ago)
price dropped last weekend to 49,000
seems 45000 ~ 46000 would be good deal.
#6
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Thread Starter
it also surprised me that i heard that new LS460 back then could be got for less than $70k,
and after 3~4 years they are still more than $45k.
and after 3~4 years they are still more than $45k.
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#8
Instructor
A 3-year old Lexus that has been serviced regularly by a Lexus dealer is worth considerably more (as a percentage of original MSRP) than a Chevy or Kia of the same age.
I bought an 8-year old CPO LS600hL with 58K miles, and I couldn't be happier with the overall refinement, quality, durability, and ride of this "ancient" vehicle. Mine stickered at $115K in 2008, and I paid $42K, which seems like a lot for an 8-year old car. Again, I have no regrets...
Good luck! Shoot for $45K or less!
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