LS 460 Pricing Help
#1
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LS 460 Pricing Help
Hi All,
So after pulling everyone's opinion about their experiences with LS RWD (see "LS 460 RWD Handling on Snow "), we have decided to proceed with the LS.
I've found this 2007 LS 460, black ext. tan interior, with 42,000 miles, asking price $39,000. It's a non-certified vehicle, private lease 1-owner, no floor mats, one key, but has the ultra luxury package on it. Last service was a 25K maintenance at Lexus' on 1/29/2009, no records at Lexus' dealership ever since. Here is the VIN JTHBL46F875006207 if anyone curious to look at it.
How much do you think I could go down to? Or is it even worth buying this vehicle? I got the color and the package I want, but it seems like the vehicle wasn't well taken care of.
So after pulling everyone's opinion about their experiences with LS RWD (see "LS 460 RWD Handling on Snow "), we have decided to proceed with the LS.
I've found this 2007 LS 460, black ext. tan interior, with 42,000 miles, asking price $39,000. It's a non-certified vehicle, private lease 1-owner, no floor mats, one key, but has the ultra luxury package on it. Last service was a 25K maintenance at Lexus' on 1/29/2009, no records at Lexus' dealership ever since. Here is the VIN JTHBL46F875006207 if anyone curious to look at it.
How much do you think I could go down to? Or is it even worth buying this vehicle? I got the color and the package I want, but it seems like the vehicle wasn't well taken care of.
#2
Have you seen the vehicle? An extra key and mats should run $300-$400. It may just be that the guy had his service done elsewhere. The appearance of the vehicle can tell you a lot. I wouldn't go over 50% of original sticker. The car is still under warranty so you can add a Lexus extended warranty.
#3
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When buying from an individual please either go over the car closely(that is if you know what to look for) or have someone do it for you. I was looking for a cheaper lexus. It had a clear carfax report so I thought it was OK. It was a one owner lease vehicle. But further investigation showed that it had been hit in the rear bumper, front left fender was painted, hood painted and the front bumper painted. BUT----------- if that does not bother you, the money that you save could make up for the paint work or any other work you have to do. It still has one year factory warranty left and you can buy an extended warranty. You can either pay 39K to him or 52K from the dealer. You can fix everything in the car under 8K yourself and still have money left over. Now you are going to have to have the 30K service, $750. Probably a brake job. $500. (dealer prices) California auctions for the ls 460, 30K miles for around $35K. Offer them $35K for the higer mileage.
jarm
jarm
Last edited by jarm; 01-20-10 at 12:42 PM.
#4
I haven't been here very long, but been here long enough to see several people purchase a used LS based on price alone and end up having issues. Remember the "if it seems too good to be true, it probably is" adage. Don't be discouraged, just take it slow, perform due diligence to ensure as many trouble-free miles as possible... even if it costs you a bit more up-front.
When buying from an individual please either go over the car closely(that is if you know what to look for) or have someone do it for you. I was looking for a cheaper lexus. It had a clear carfax report so I thought it was OK. It was a one owner lease vehicle. But further investigation showed that it had been hit in the rear bumper, front left fender was painted, hood painted and the front bumper painted. BUT----------- if that does not bother you, the money that you save could make up for the paint work or any other work you have to do. It still has one year factory warranty left and you can buy an extended warranty. You can either pay 39K to him or 52K from the dealer. You can fix everything in the car under 8K yourself and still have money left over. Now you are going to have to have the 30K service, $750. Probably a brake job. $500. (dealer prices) California auctions for the ls 460, 30K miles for around $35K. Offer them $35K for the higer mileage.
jarm
jarm
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