Is this a good price for a 2004 LS430????

frankiec · 11-03-09, 04:21 PM

I'm close to purchasing a 2004 LS430 Flint Mica Grey/Grey Interior with 71k miles on it. No accidents, but 3 owners. I drove the car and its seems like its brand new and well taken care of by the previous owners. The guy selling it purchased the car 2 years ago for $34k with 61k miles on it so he thinks he's giving the car away to me after only putting on 10k miles in two years.

Not sure what package the car has but it has keyless go, mark levinson, nav, rear camera, bluetooth, sunshade, rear ac/heated seats, chrome rims.

I've been able to negotiate him down to $18,500 and scheduled an inspection with Toymasters here in SoCAL to take a look at it before I buy it.

Just wanted to know if this is a good deal or not or if I should keep shopping. I have about 1 month left on my current lease, but over mileage and that's why I've been looking for a car.

Thanks in advance for the comments.

UpstateLex · 11-03-09, 07:23 PM

thats a good deal just look at other 04 go for more than that plus it has nav and some goodies

ebolger · 11-03-09, 09:14 PM

Hmmmm....Are you sure the car is in this guy's name? That is a pretty big write down.

LS430inDE. · 11-03-09, 10:19 PM

These are the 04-05's that sold on the 29th at Manheim...

2004 LS430 55,354 BLUE.....$20,000
2004 LS430 85,558 GRAY.....$18,700
2004 LS430 122,703 BLACK..$15,000
2005 LS430 28,731 GREY.....$23,000
2005 LS430 38,104 BLACK....$24,000

Keep in mind there is no way of telling (via online) if these were clunkers or mint condition...nor can I tell what luxury package they have.

Seems like you are close to what wholesale auction prices are. As an added value (for you) have the seller pick up the tab on the inspection!

Hope this helps.

toantran99 · 11-04-09, 12:05 PM

That's a great deal!!!!!
Did you run a carmax or autocheck to verified there are no accident?

frankiec · 11-04-09, 04:01 PM

thanks for the comments. The car does check out on autocheck with no accidents. the seller guarantees the car is clean and with no mechanical issues so if there are any issues he is willing to pay for the inspection and reduce the price.

AlexusAnja · 11-04-09, 07:41 PM

Mileage a little high (not for an LS overall) and close to 100K service. Other than that, if condition checks and inspection comes in clear, then $18K is a very good price. I got my '04 a year back with 36k for $28K, so losing $10K is pretty good (or bad, depending on if you're buying or selling).