Notices
GS - 3rd Gen (2006-2011) Discussion about the 2006+ model GS300, GS350, GS430, GS450H and GS460

06 GS300 value tanks!

Thread Tools
 
Search this Thread
 
Old Jul 25, 2006 | 01:58 PM
  #1  
costanza's Avatar
costanza
Thread Starter
Pole Position
 
Joined: Jul 2005
Posts: 217
Likes: 0
From: ga
Default 06 GS300 value tanks!

I was considering trading in my car (a.k.a. "snap, crackle & pop") , but according to someone at Global BMW (ALT) who checked my car's trade in value against what they are getting at the auctions, my car's wholesale value is $34K. Sticker was $46K 1 year ago
Reply
Old Jul 25, 2006 | 04:33 PM
  #2  
Nauticalx's Avatar
Nauticalx
Instructor
 
Joined: Jul 2005
Posts: 1,023
Likes: 14
From: GA
Default

How many miles on your vehicle and what options? Easy way is to check trade in value online for yourself. They may be pulling your chain.
Reply
Old Jul 25, 2006 | 06:21 PM
  #3  
CsKWarEd's Avatar
CsKWarEd
Driver
 
Joined: May 2006
Posts: 172
Likes: 0
From: Texas
Default

Originally Posted by costanza
my car's wholesale value is $34K. Sticker was $46K 1 year ago
I was just talking to my friend at the stealership and she was telling me that they have 6 GS3's and the sticker on them is set at 39,900 regardless of milage. I guess the more miles the more you can work them down, but still 39,9 as a base sticker for a fully loaded 06.


Reply
Old Jul 26, 2006 | 08:19 AM
  #4  
RedRider's Avatar
RedRider
Rookie
 
Joined: Apr 2006
Posts: 78
Likes: 1
From: OR
Default

Based on Toyota sales reports, it looks like the market for GS 300s has softened up a bit. For the first six months of 2006, Lexus averaged a little less than 1900 GS 300s sold per month as compared to the same period in 2005 when they averaged closer to 2100 Gs 300s per month. If you subtract out 2005 GS 300 sales before the redesign, 2005 sales are even stronger.

It looks like the GS 300 may have lost some of its appeal in the face of competition from other manufacturers and even other Lexus models like the IS 350 and the new ES 350. I know that for me personally, I would be much more inclined to replace my current GS 400 with an ES 350 than purchase either a GS 300 or the current GS 430. But then that's just my two cents...
Reply
Old Jul 26, 2006 | 08:20 AM
  #5  
4TehNguyen's Avatar
4TehNguyen
Lexus Fanatic
20 Year Member
Photogenic
Photoriffic
Shutterbug
iTrader: (1)
 
Joined: Jan 2006
Posts: 26,255
Likes: 91
From: Houston, Texas
Default

wait for the GS350 and GS460, then the whole game changes. However anyone now looking for a GS like car and dont really need power can get amazing deals on them
Reply
Old Jul 26, 2006 | 08:46 AM
  #6  
EyeKutr's Avatar
EyeKutr
Pole Position
iTrader: (5)
 
Joined: Aug 2005
Posts: 2,733
Likes: 39
From: Alta Loma, CA
Default

Originally Posted by RedRider
Based on Toyota sales reports, it looks like the market for GS 300s has softened up a bit. For the first six months of 2006, Lexus averaged a little less than 1900 GS 300s sold per month as compared to the same period in 2005 when they averaged closer to 2100 Gs 300s per month. If you subtract out 2005 GS 300 sales before the redesign, 2005 sales are even stronger.

It looks like the GS 300 may have lost some of its appeal in the face of competition from other manufacturers and even other Lexus models like the IS 350 and the new ES 350. I know that for me personally, I would be much more inclined to replace my current GS 400 with an ES 350 than purchase either a GS 300 or the current GS 430. But then that's just my two cents...


many people considering an 06 gs300 in 2006 are waiting for the gs350 instead, this is why it is slower ....but in 2005, we all wanted the newest car and did not care a new one would be here in a year to 18 months.....if i am not wrong, some of the 06s sold as early as april??
Reply
Old Jul 26, 2006 | 09:47 AM
  #7  
Mixman's Avatar
Mixman
Pole Position
 
Joined: Apr 2006
Posts: 365
Likes: 2
From: NJ
Default

Originally Posted by EyeKutr
many people considering an 06 gs300 in 2006 are waiting for the gs350 instead, this is why it is slower ....but in 2005, we all wanted the newest car and did not care a new one would be here in a year to 18 months.....if i am not wrong, some of the 06s sold as early as april??

Nah.... I doubt that people are waiting for the GS350 because no one besides us on this forum knows about it. They did not announce it at any of the car shows and have not done any advertising yet about the GS350. I think the IS350 is cannabilizing sales amoung the younger crowd and the new ES350 is doing the same amoung the older crowd.
Reply
Old Jul 26, 2006 | 10:09 AM
  #8  
lexuslover's Avatar
lexuslover
MultiTasking Mom
20 Year Member
 
Joined: Mar 2003
Posts: 1,662
Likes: 2
From: California
Default

Originally Posted by EyeKutr
many people considering an 06 gs300 in 2006 are waiting for the gs350 instead, this is why it is slower ....but in 2005, we all wanted the newest car and did not care a new one would be here in a year to 18 months.....if i am not wrong, some of the 06s sold as early as april??
yes, you are right. i got mine in March 2005, and i leased it because i knew that the hybrid was on the horizon and possibly a bigger engine. at least for me the wait for the 460 was at least two years away. but for people in the market now, of course the current GS300 and GS430 are slow to sell with the anticipation of the 350 right around the corner.
Reply
ClubLexus Stories

Celebrating Lexus & Toyota from Around the Globe

story-0

Toyota and Lexus Join Mille Miglia For The First Time

 Verdad Gallardo
story-1

Lexus NX 350h: A Fuel-Sipping Secret Hot Hatch???

 Michael S. Palmer
story-2

5 Best & 5 Worst Lexus Daily Drivers

 Joe Kucinski
story-3

Top 5 Hottest Lexus & Toyotas in 2026 (Hardest To Buy)

 Brett Foote
story-4

2026 Lexus IS 350 F Sport Review: The Last of Its Kind Still Rocks

 Michael S. Palmer
story-5

Top 10 Most Confusing Things Lexus Has Ever Done!

 Joe Kucinski
story-6

2026 Lexus ES Review: Lexus Re-Embraces Founding Principles

 Michael S. Palmer
story-7

10 Lexus Bargains That are Cheaper Than a New Toyota RAV4

 Joe Kucinski
story-8

8 Weirdest Things Lexus Has Ever Built

 Verdad Gallardo
story-9

10 Lexus Designs That Have Aged Like Fine Wine

 Verdad Gallardo
Old Jul 26, 2006 | 12:01 PM
  #9  
CsKWarEd's Avatar
CsKWarEd
Driver
 
Joined: May 2006
Posts: 172
Likes: 0
From: Texas
Default

Talked to my friend at the stealership again today, and she told me that the priced dropped again today. It's dropped twice in a week and a half, Saturday before last it was 42,9 then last week went down to 39,9 and today it went to 37,9. For some reason they have a set sticker price for all of the pre owned GS' and I'm assuming that they adjust later depending on milage? I really wanted to wait for the 350, but man it's going to be hard to pass one of these up at this price. I think I'm going to jump on this now because it will take atleast a year to 18 months for the 350 to be at a reasonable price...

Reply
Old Jul 26, 2006 | 12:28 PM
  #10  
INHOCJP's Avatar
INHOCJP
Lexus Champion
 
Joined: Jun 2001
Posts: 2,639
Likes: 2
From: California
Default

Originally Posted by CsKWarEd
...because it will take atleast a year to 18 months for the 350 to be at a reasonable price...
I wouldn't go that far. You could probably get a pretty good deal 6 months after release. But yes, not close to the near invoice pricing of the 300.
Reply
Old Jul 26, 2006 | 12:40 PM
  #11  
4TehNguyen's Avatar
4TehNguyen
Lexus Fanatic
20 Year Member
Photogenic
Photoriffic
Shutterbug
iTrader: (1)
 
Joined: Jan 2006
Posts: 26,255
Likes: 91
From: Houston, Texas
Default

price is dropping on the 300s so they can clear them out for the 07 model year which isnt very far
Reply
Old Jul 26, 2006 | 01:01 PM
  #12  
Faheta's Avatar
Faheta
Driver
 
Joined: Jun 2001
Posts: 140
Likes: 0
From: cali
Default

I agree that you should be able to buy the GS350 below MSRP shortly after it's available. The mid-size luxury segment is fairly crowded. Consumers have other choices too (e.g. 530i, E350, A6, M35, etc)
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Joshrod111
GS - 3rd Gen (2006-2011)
11
Jul 6, 2018 03:07 PM
miro
GS - 3rd Gen (2006-2011)
9
Dec 7, 2010 05:43 AM
J$mooth23
GS - 3rd Gen (2006-2011)
23
Mar 1, 2010 04:06 PM
LOLA3G
GS - 3rd Gen (2006-2011)
27
Apr 24, 2007 01:34 PM
osx-addict
GS - 3rd Gen (2006-2011)
6
May 15, 2006 09:41 PM




All times are GMT -7. The time now is 05:51 PM.

story-0
Toyota and Lexus Join Mille Miglia For The First Time

Slideshow: A five-car lineup spanning more than five decades of Toyota performance and engineering will tackle one of Italy's most celebrated automotive routes.

By Verdad Gallardo | 2026-06-15 16:53:16


VIEW MORE
story-1
Lexus NX 350h: A Fuel-Sipping Secret Hot Hatch???

Slideshow: a quick review of the 2026 Lexus NX 350h F Sport Handling

By Michael S. Palmer | 2026-06-15 15:25:34


VIEW MORE
story-2
5 Best & 5 Worst Lexus Daily Drivers

Slideshow: The 5 best and 5 worst Lexus daily drivers

By Joe Kucinski | 2026-06-15 11:14:58


VIEW MORE
story-3
Top 5 Hottest Lexus & Toyotas in 2026 (Hardest To Buy)

These five Lexus and Toyota models are the most sought-after on the market right now.

By Brett Foote | 2026-06-15 10:47:52


VIEW MORE
story-4
2026 Lexus IS 350 F Sport Review: The Last of Its Kind Still Rocks

Slideshow: the 2026 IS 350 isn't all that new, and that's why we love it!

By Michael S. Palmer | 2026-06-04 14:35:23


VIEW MORE
story-5
Top 10 Most Confusing Things Lexus Has Ever Done!

Slideshow: 10 most confusing things Lexus has ever done.

By Joe Kucinski | 2026-06-04 09:40:55


VIEW MORE
story-6
2026 Lexus ES Review: Lexus Re-Embraces Founding Principles

Slideshow: Our First-Drive Review of the 2026 Lexus ES!

By Michael S. Palmer | 2026-05-29 20:30:16


VIEW MORE
story-7
10 Lexus Bargains That are Cheaper Than a New Toyota RAV4

Slideshow: 10 Lexus bargain that are cheaper than a new Toyota.

By Joe Kucinski | 2026-05-20 10:28:20


VIEW MORE
story-8
8 Weirdest Things Lexus Has Ever Built

Slideshow: From hoverboards to luxury yachts, these are the strangest projects Lexus has ever attached its badge to.

By Verdad Gallardo | 2026-05-16 11:34:36


VIEW MORE
story-9
10 Lexus Designs That Have Aged Like Fine Wine

Slideshow: Some luxury cars chase trends, but these Lexus models look better now than they did when they first rolled into showrooms.

By Verdad Gallardo | 2026-05-06 17:58:29


VIEW MORE