LS - 1st and 2nd Gen (1990-2000) Discussion topics related to the 1990 - 2000 Lexus LS400

help on pricing for 98 ls 400

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Old 04-09-12, 03:12 PM
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briand480
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Question help on pricing for 98 ls 400

Hey whats up! I inherited my grandmas car when she passed away and it sat in her garage for 7 years unused. I have driven it for 2 years and next november was planning on selling it and was hoping for atleast 11k since its basically unused and has 47k miles. However, the other day I got in a minor bumper accident that was my fault in a parking lot and was just wanting some help from you guys as to how much I could still get for the car. It shouldnt be that expensive because its just the bumper cover and trim, but I was quoted today between 1000-1100 which sounds ridiculous for plastic... Is it worth it to get it fixed?
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Old 04-09-12, 04:10 PM
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PureDrifter
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damage looks to be about $500-750 worth, all-in. new bumper+paint+side marker and possibly 1 bracket. (iirc)
Old 04-09-12, 04:30 PM
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briand480
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Originally Posted by PureDrifter
damage looks to be about $500-750 worth, all-in. new bumper+paint+side marker and possibly 1 bracket. (iirc)
Thanks, yeah thats about how much ive been seeing it at. How much do you Think it will lower the price of the car?
Old 04-09-12, 05:01 PM
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timmy0tool
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wow that's low miles! if you choose not to fix, it should at most knock $1000. i would start with a $500 reduction in your asking price and go from there.
Old 04-10-12, 12:18 AM
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briand480
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ok thanks. and how much do you think I can realistically get for it if the ding was not there? I have seen some very different numbers
Old 04-10-12, 06:14 AM
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dashan
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It's a 14-year old car, every piece of rubber needs replacement, even though it is with a low mileage. Timing belt replacement is over due if not done yet.
Around $7-8K.
Old 04-10-12, 04:53 PM
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Kansas
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Doesn't insurance cover at least a portion of the cost of repairing this car? The damage seriously detracts from its desirability. You might "net" more money from selling the car if you fix the damage than if you don't.
Old 04-11-12, 12:06 AM
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Originally Posted by Kansas
Doesn't insurance cover at least a portion of the cost of repairing this car? The damage seriously detracts from its desirability. You might "net" more money from selling the car if you fix the damage than if you don't.
Curious to know if the OP has full coverage?

But I'm with the other guy, a 14 year old car with this low of mileage can actually need a lot of attention. Not to say it isn't a beauty but there are probably quite a few maintenance details that need attention. If you are going to sell the car as is I'd ask for $10k but be willing to take $8k. It easily will probably need $2k in service depending on what you've done.
Old 04-11-12, 05:16 PM
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whit3b0y
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I agree, I believe the original 11 was a bit on the steep side. I would say current status, 6.5-7. Fix it 8-9. I don't think many will be swayed just cause of the low mileage. For 11 you can start into the LS430 body. Low or high its a Toyota, its ganna last a long while. My 2 pennies, fix it and start at 10 but don't be firm or you'll be with it for a while longer. I would est damage costs at 1,000-1,500...fender, bumper, lens, paint, wheel and alignment.

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Old 04-12-12, 11:34 PM
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briand480
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ok thanks everyone. yeah I had no clue what it was worth just wanted to see what I could get. and i priced out the bumper if I bought all of the stuff myself and I can get everything including paint for $650 so ill just do that. all from mis judging and going 3 mph haha dam
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