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

Car Loan Question?

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Old Oct 8, 2009 | 10:16 PM
  #16  
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One thing to keep in mind though it's tougher to sell with a lien on it. I myself came across an SC400 that I wanted but the seller owed money on it. Since I didn't want to hassle with going to bank and waiting for title transfer I moved on. Good luck
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Old Oct 9, 2009 | 10:40 AM
  #17  
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Originally Posted by greg0723
i'll try to sell it privately. kbb says its worth 24000 private sell. it is certified pre owned too would that carry over to the next person if i sell it privately? should i sell it for 24k? how high should i go?
that would depend on the mileage, condition, and options.
could list as high as 28 or more and work down. i guess as long as you get over 22,500 you'll be better off than turning it into the dealer.

i bought mine with 35k miles, AWD, nav, levinson, 8 mo remaining on factory warranty with avg body condition at 26 or so from a dealer.
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Old Oct 9, 2009 | 10:45 AM
  #18  
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Basically "certified pre-owned" means it has a warranty to 100,000 miles. I've heard from a salesman this is worth about $1000.00. If you bought the GS with CPO from Lexus and if that warranty is transferable...it should bring you a little more coin.
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Old Oct 9, 2009 | 11:02 AM
  #19  
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The CPO warranty isn't transferable
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Old Oct 9, 2009 | 07:26 PM
  #20  
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FYI - all the above post are correct regarding your dilema. understand that if you do a voluntary repo you credit will take a ding and they will come after you for the rest. If you turn it in and pay later you will satisfy the loan, but it will still ding your credit. it will show on your credit report as settled. you want your loan to show as paid in full. sounds like you will have to sell privately and a personal loan on the balance. either way your screwed. sorry dude
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Old Oct 9, 2009 | 09:55 PM
  #21  
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leave it running and unlocked at the mall....
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Old Oct 10, 2009 | 08:13 AM
  #22  
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lol now thats funny^^^^ i do have gap insurance in case my car gets totaled. i dont want to go that route dont need no injuries haha. i'll keep the car its not a bad car
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Old Oct 10, 2009 | 10:49 AM
  #23  
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Watch out for that! Insurance company is smarter now. If your car is running and it's stolen, they may not pay anything at all. New law or something like that.
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Old Oct 10, 2009 | 12:09 PM
  #24  
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lol dont worry im not doing it
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Old Oct 13, 2009 | 08:41 AM
  #25  
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Originally Posted by greg0723
thanks for the info guys. im looking to getting into a 2006 is 350. oh man that thing moves neevr drove on until today. good lord never drove anything with that amout of power.
Its the same engine, just a lighter car. Some people would consider the IS350 a down grade from the GS350.
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Old Oct 13, 2009 | 10:33 AM
  #26  
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Originally Posted by The G Man
Its the same engine, just a lighter car. Some people would consider the IS350 a down grade from the GS350.
He's driving an 06 GS300.
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Old Oct 13, 2009 | 01:06 PM
  #27  
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Originally Posted by Yang1815
He's driving an 06 GS300.
In that case, its a upgarde
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