Awful values for trade in
 

I'm currently in the market to lease a 2015 GX.

Dealer offered me 34,299
Used car lot similar to Car Max offered 35,000

Going to Car Max later.

11,800 miles...pristine condition. This is touching ridiculous.

All online sites say to expect 38,500 to 42,900.

Stay strong, brotha. Don't cave. Hopefully Carmax will give u the deal u want. U might have to sell private.

Or check with other dealers. Like I said in the other thread, different dealers will give u different prices. Or in most cases they will discount the new car more to make up for the loss in ur trade in.

I will be happy with 40K.

That's going to be tough.
Some certified '13's with less than 15K miles have asking prices of $42K-$43K in my area.

No offense on your color choice but that might have a little to do with it. I like the red but they'd probably have a harder time selling red versus white, silver, or black. Might have to try again in a couple months or sell privately.

Car Max offered 36K. Good till 25th.

That sucks but I think most likely will be as much as you can get unless you can find a direct buyer. Similar situation here. Tried to turn the GS in for the new GX. I had 28K on the car I think. They offered me 33K AND talked down on my GS. :mad: Mine is pristine too. Still have that new car smell. What are the offers on the new GX? It's a beauty. :thumbup:

I have a 2013 GS F Sport starfire w red interior with 9,400 miles on it and they offered me $34K I was hell no I will keep it for that.

Offering you 36K so they can sell for 40K+. Sounds about the norm. Probably the only way you get 40K is to sell it yourself. Good luck.

That's a bummer. What were you wanting to get?

Okay...so my dealer upped their offer to 35,600. And I was thisclose to walking out with a "new" 2014 Luxury GX460 for $59,999...stickers for $67,800. He couldn't come down that far, but I told him he could have my trade if he would do it...no deal.

The difference in lease pricing/month is negligible for a new 2014 and new 2015 with same options. The residual is lower on the 2014, so you're not getting much of a deal...even with the much lower selling price.

Regardless. I have a deal to buy a 2015 GX Luxury package with $4k of MSRP, for 27 months. I can choose whether to put cash down or not, but either way, I'm walking away it my equity.

Now my dilemma is whether to take the "easy" road and let them have my GS for $400 less than CarMax is offering, or take it to CarMax, get a bank wire, then drive over to the dealer and finish the deal on the GX...

I put $500 down on the GX to hold it...because they literally are selling them faster than they are getting them. Doing 36 months costs $3 more/month over 27 months...so I'm doing 27 months. Their price also includes tax, title, license, and GAP coverage. My question...is it better to do GAP through my auto insurance dealer (State Farm) or let Lexus Financial mark it up?

Residual on Luxury model is 60% and the money factor they are offering me is 0.00140...which is slightly better than the 0.00170 that I had seen mentioned on the GX forums.

I don't think I will do better than $36K, without selling it myself...so what do you all think?

Do you get any sales tax advantage trading in the GS in your state?
Your trade in Jersey would save you $2492 in sales tax with a $35600 trade.

GXs are in high demand?..

They lowered the price by 7-10k starting last year. Now they can't keep them in stock.

No sales tax advantage here.