RX - 1st Gen (1999-2003) Discussion topics related to the 1999 -2003 RX300 models

Need pricing advice please

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Old 03-04-16, 07:20 AM
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Beermoney
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Default Need pricing advice please

Good Morning Lexus Lovers...

If I am posting this question in the wrong place or in violation of a rule, I apologize.

My beloved 2000 RX300 died a couple of months ago and I need to sell her. The engine is ceased but otherwise the car is in good shape. She gave our family 3 generations of good service and lasted 280K miles. I wonder how much I could sell her for? She's more than scrap but obviously has a big, expensive problem to fix problem.

Thanks for any thoughts you may have.

BM
Old 03-04-16, 08:22 AM
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JAB
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With 280K and a dead motor it is worth very little, as is. Best to part it out, then give the remains a decent christian burial.
Old 03-04-16, 09:51 AM
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fastnoypi
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Just donate it to your favorite charity and use it as a tax write off. You can deduct up to fair market value.
Old 03-04-16, 12:29 PM
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Beermoney
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Thanks for the feedback. You are both right, I will probably see how much the junkman will give me, get insulted, and donate it,

Have a good weekend!
Old 03-04-16, 01:33 PM
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sktn77a
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Check on the new IRS rules for donating vehicles. I believe you need to wait until notified what the charity eventually sold it for before you can deduct it.
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