IS - 2nd Gen (2006-2013) Discussion about the 2006+ model IS models

September Auction Results: How much our IS's go for at auction

Thread Tools
 
Search this Thread
 
Old 09-28-11, 09:22 PM
  #1  
dackp143
Pole Position
Thread Starter
iTrader: (3)
 
dackp143's Avatar
 
Join Date: Sep 2011
Location: Georgia
Posts: 335
Likes: 0
Received 0 Likes on 0 Posts
Default September Auction Results: How much our IS's go for at auction

Here is a SMALLLLLLLLLLLL list of some of the post auction sales at Manheim Auto Auctions this month. Mind you these are ONLY from Atlanta and a few from Pittsburgh (wanted a northern city).

*******When a dealer SELLS a car at their dealership they base their sales prices off of Kelley Blue Book. When the dealer BUYS a car from auction, they base their purchases off of Black Book value. The difference between Black Book and Kelly Blue Book is roughly $2000.00. This gives the dealership (assuming they bought a car at Black Book value) a minimum of $2000.00 profit on a car.

Enjoy seeing how you get ripped off at dealerships!! So next time you buy a car, take a look at this list. I'll try and update each month as I remember. Also remember, this is AUCTION sales at a professional auction. This is where all the big dealerships sell there cars. These cars at in the same auction lines as Lambo's Rolls Royce's, Ferrari's, etc.

There are spaces showing different auctions that were held.


Year Make Model Color Drs Cyl Fuel 4x4 EW Radio Int Odometer Price

2008 LEXUS IS F BLUE 4 8 GAS A Y CD PG L 77,054 $31,000
2010 LEXUS IS 250 C BLUE 2 6 GAS P 4X2 Y CD RH L 23,238 $36,500
2010 LEXUS IS 250 C SILVER 2 6 GAS A 4X2 Y CD HC L 16,059 $36,000
2006 LEXUS IS250 BLACK 4 6 GAS 6 4X2 Y MR L 84,971 $14,800
2006 LEXUS IS250 WHITE 4 6 GAS A Y CD MR L 93,333 $15,000
2007 LEXUS IS250 RED 4 6 GAS A 4X2 Y CD MR L 27,914 $21,400
2007 LEXUS IS250 SILVER 4 6 GAS P 4X2 Y CD MR L 52,749 $17,600
2007 LEXUS IS250 WHITE 4 6 GAS A 4X2 Y CD MR L 98,365 $14,700
2008 LEXUS IS250 BLACK 4 6 GAS P 4X2 Y CD MR L 37,751 $21,000
2008 LEXUS IS250 BLACK SA 6 GAS A AWD Y CD MR L 44,843 $21,500
2008 LEXUS IS250 BLUE 4 6 GAS A 4X2 Y CD MR L 42,042 $23,200
2008 LEXUS IS250 BRAKWATR 6 GAS A 4X2 Y CD MR L 25,359 $22,400
2008 LEXUS IS250 DKRGRY 4 6 GAS A AWD Y CD MR L 20,247 $23,100
2008 LEXUS IS250 DRKGRY 4 6 GAS A AWD Y CD MR L 19,111 $22,000
2008 LEXUS IS250 GLACIER 4 6 GAS A AWD Y CD MR L 50,401 $19,700
2008 LEXUS IS250 GRAY 4 6 GAS A AWD Y CD MR L 41,622 $21,400
2008 LEXUS IS250 OBSIDIAN 6 GAS A AWD Y CD MR L 25,269 $23,200
2008 LEXUS IS250 OBSIDIAN 6 GAS A AWD Y CD MR L 50,573 $20,400
2008 LEXUS IS250 OBSIDIAN 6 GAS A 4X2 Y CD MR L 49,045 $21,200
2008 LEXUS IS250 REDCRYST 6 GAS A AWD Y CD MR L 17,024 $24,000
2008 LEXUS IS250 SILVER 4 6 GAS A CD SR L 34,388 $20,800
2008 LEXUS IS250 SILVER 4 6 GAS P AWD Y CD MR L 42,451 $22,500
2008 LEXUS IS250 SMOKY GR 6 GAS A AWD Y CD MR L 33,097 $22,400
2008 LEXUS IS250 STARFIRE 4 6 GAS A AWD Y CD MR L 36,913 $20,700
2008 LEXUS IS250 WHITE 4 6 GAS A CD SR L 31,487 $23,800
2009 LEXUS IS250 BLACK 4 6 GAS A 4X2 Y CD MR L 19,607 $23,600
2009 LEXUS IS250 GRAY 4 6 GAS A 4X2 Y CD MR L 14,864 $27,000
2009 LEXUS IS250 GRAY 4 6 GAS A 4X2 Y CD MR L 22,795 $24,400
2009 LEXUS IS250 GREY 4 6 GAS A 4X2 Y CD MR L 45,200 $22,600
2009 LEXUS IS250 SILVER 4 6 GAS A 4X2 Y CD MR L 20,541 $21,600
2009 LEXUS IS250 WHITE 4 6 GAS A 4X2 Y CD MR L 29,238 $26,400
2009 LEXUS IS250 DKGRAY 4 6 GAS 25,980 $24,500
2009 LEXUS IS250 SILVER 4 6 GAS A CD SR L 52,084 $21,000
2009 LEXUS IS250 SILVER 4 6 GAS A Y CD MR L 40,948 $22,400
2010 LEXUS IS250 BLUE 4 6 GAS A Y CD MR L 11,167 $27,500
2010 LEXUS IS250 GREY 4 6 GAS A 4X2 Y CD MR L 22,239 $27,400
2010 LEXUS IS250 RED 4 6 GAS A 4X2 Y CD MR L 20,795 $25,800
2010 LEXUS IS250 SILVER 4 6 GAS A 4X2 Y CD MR L 17,132 $27,600
2009 LEXUS IS250 BLACK 4 6 GAS P 4X2 Y CD MR L 36,147 $22,600
2006 LEXUS IS350 RED 4 6 GAS A 4X2 Y CD MR L 77,967 $16,800
2007 LEXUS IS350 OBSIDIAN 4 6 GAS A Y CD MR L 69,276 $18,800
2008 LEXUS IS350 SMOKY GR 4 6 GAS A 4X2 Y CD MR L 39,390 $24,000
2009 LEXUS IS350 GREY 4 6 GAS A 4X2 Y CD MR L 39,263 $25,600
2006 LEXUS IS250 BLUE 4 6 GAS AWD 43,900 $18,700
2007 LEXUS IS250 BLUE 4 6 GAS P AWD Y CD SR L 94,453 $15,400
2007 LEXUS IS250 SILVER 4 6 GAS P AWD Y CD SR L 48,153 $18,500
2008 LEXUS IS250 BLACK 4 6 GAS A AWD Y CD SR L 52,193 $18,700
2008 LEXUS IS250 GREY 4 6 GAS A AWD 58,049 $19,800
2008 LEXUS IS250 WHITE 4 6 GAS P AWD Y CD MR L 36,486 $23,900
2008 LEXUS IS250 BLACK 4 6 GAS AWD 59,732 $18,200
2008 LEXUS IS250 BLACK 4 6 GAS A AWD 43,677 $22,500
2008 LEXUS IS250 BLACK 4 6 GAS A AWD 56,823 $20,200
2008 LEXUS IS250 BLACK 4 6 GAS A AWD 44,692 $22,100
2008 LEXUS IS250 BLACK 4 6 GAS P AWD Y AM/FM SR 44,508 $24,000
2008 LEXUS IS250 GRAY 4 6 GAS P AWD Y CD SR L 46,320 $17,750
2008 LEXUS IS250 GREY 4 6 GAS A AWD 40,314 $22,500
2008 LEXUS IS250 PEARL 4 6 GAS P AWD Y CD SR L 35,120 $20,000
2008 LEXUS IS250 STARFIRE 4 6 GAS P AWD Y AM/FM 21,863 $21,750
2009 LEXUS IS250 WHITE (N 4 6 GAS A AWD Y CD SR 38,988 $26,750
2009 LEXUS IS250 GRAY 4 6 GAS A AWD Y L 26,691 $25,500
2009 LEXUS IS250 WHITE 4 6 GAS O AWD Y CD PG L 30,410 $24,000
2010 LEXUS IS250 GRAY 4 6 GAS A AWD Y CD SR L 16,412 $28,500
2009 LEXUS IS250 BLACK 4 6 GAS A AWD Y CD SR 52,317 $22,300
2005 LEXUS IS300 DK GREY 4 6 GAS A 4X2 Y CD SR L 72,799 $12,200
2008 LEXUS IS350 BLACK 4 6 GAS P 4X2 Y CD SR L 17,782 $27,000

2008 LEXUS IS250 GRAY 4 6 GAS P AWD Y CD SR L 38,867 $19,700
2008 LEXUS IS250 WHITE 4 6 GAS A AWD Y CD MR L 33,200 $20,500
2008 LEXUS IS250 WHITE 4 6 GAS P AWD Y CD MR C 76,672 $10,300
2009 LEXUS IS250 GRAY 4 6 GAS A AWD Y SR L 36,645 $23,400
2009 LEXUS IS250 GREY 4 6 GAS A AWD Y SR L 30,146 $24,600
2006 LEXUS IS350 GRAY 4 6 GAS P 4X2 Y CD SR L 70,389 $16,900

2006 LEXUS IS250 GRAY 4 6 GAS 3 AWD Y CD SR L 115,619 $13,800
2007 LEXUS IS250 B 4 6 GAS AWD 58,494 $19,200
2008 LEXUS IS250 BLACK 4 6 GAS AWD 25,576 $23,300
2008 LEXUS IS250 GREY 4 6 GAS A AWD Y AM SR L 30,799 $18,500
2008 LEXUS IS250 PEARL 4 6 GAS A AWD Y CD SR L 57,605 $19,100
2008 LEXUS IS250 SILVER 4 6 GAS A AWD Y CD SR L 35,674 $22,900
2008 LEXUS IS250 WHITE 4 6 GAS P AWD Y CD SR L 35,966 $22,800
2009 LEXUS IS250 BLACK 4 6 GAS P AWD Y CD SR L 26,913 $24,750
2007 LEXUS IS250 SILVER 4 6 GAS A AWD 47,102 $18,900

2010 LEXUS HS250H RED 4 4 H 29,336 $24,500
2007 LEXUS IS250 GREY 4 6 GAS AWD 63,169 $17,500
2007 LEXUS IS250 BLACK 4 6 GAS A AWD Y CD PG L 52,187 $17,500
2007 LEXUS IS250 SILVER 4 6 GAS A Y SR L 46,457 $19,000
2008 LEXUS IS250 BLACK 4 6 GAS P AWD Y CD SR L 41,053 $23,500
2008 LEXUS IS250 BLUE 4 6 GAS A AWD Y CD SR L 43,818 $22,300
2008 LEXUS IS250 GREY 4 6 GAS P AWD Y AM/FM L 32,292 $21,750
2008 LEXUS IS250 WHITE 4 6 GAS P AWD Y AM/FM L 28,888 $23,500
2009 LEXUS IS250 BLUE 4 6 GAS A AWD Y CD SR L 21,501 $23,000
2009 LEXUS IS250 GRAY 4 6 GAS AWD 36,458 $22,000
2009 LEXUS IS250 GRAY 4 6 GAS P AWD Y AM/FM L 27,555 $25,200
2009 LEXUS IS250 WHITE 4 6 GAS P AWD Y CD HT L 38,512 $25,000
2009 LEXUS IS250 WHITE (N 4 GAS P AWD Y CD SR L 35,210 $24,000
2009 LEXUS IS250 GREY 4 6 GAS P AWD Y CD SR L 23,588 $24,500

2008 LEXUS IS250 GLACIER 4 6 GAS A AWD Y CD MR L 25,283 $22,800
2008 LEXUS IS250 STARFIRE 4 6 GAS 6 4X2 Y CD MR L 45,416 $21,300

2007 LEXUS IS250 DRKGRY 4 6 GAS A AWD Y CD MR L 61,427 $19,500
2008 LEXUS IS250 REDCRYST 4 GAS A AWD Y CD MR L 24,703 $23,300
2008 LEXUS IS250 TUNGSTEN 4 GAS A AWD Y CD MR L 30,064 $23,200
2008 LEXUS IS250 TUNGSTEN 4 GAS A AWD Y CD MR L 61,097 $17,900
2010 LEXUS IS250 STARFIRE 4 GAS A 4X2 Y CD MR L 24,719 $27,600
2008 LEXUS IS250 AUTO WHITE S C A A N SR L 28,621 $23,800

2007 LEXUS IS250 DRKGRY 4 6 GAS A AWD Y CD MR L 61,427 $19,500
2008 LEXUS IS250 REDCRYST 6 GAS A AWD Y CD MR L 24,703 $23,300
2008 LEXUS IS250 TUNGSTEN 6 GAS A AWD Y CD MR L 30,064 $23,200
2008 LEXUS IS250 TUNGSTEN 6 GAS A AWD Y CD MR L 61,097 $17,900
2010 LEXUS IS250 STARFIRE 6 GAS A 4X2 Y CD MR L 24,719 $27,600
2008 LEXUS IS250 AUTO WHITE 6 C A A N SR L 28,621 $23,800

2007 LEXUS IS250 BLACK 4 6 GAS A 4X2 Y CD MR L 56,581 $19,500
2007 LEXUS IS250 LTBLUE 4 6 GAS A 4X2 Y CD MR L 61,075 $16,600
2007 LEXUS IS250 OBSIDIAN 4 6 GAS A Y CD MR L 53,693 $21,500
2008 LEXUS IS250 BLACK SA 6 GAS A AWD Y CD MR L 30,368 $22,900
2008 LEXUS IS250 BLACK SA 6 GAS A AWD Y CD MR L 22,374 $20,800
2008 LEXUS IS250 BLUE 4 6 GAS A Y CD MR L 52,558 $21,500
2008 LEXUS IS250 OBSIDIAN 6 GAS A AWD Y CD MR L 44,885 $22,100
2008 LEXUS IS250 OBSIDIAN 6 GAS A AWD Y CD MR L 35,156 $19,600
2008 LEXUS IS250 SMOKY GR 6 GAS A AWD Y CD MR L 41,882 $22,700
2009 LEXUS IS250 GRAY 4 6 GAS A CD SR L 31,138 $18,000
2010 LEXUS IS250 SILVER 4 6 GAS P AWD Y CD MR L 24,599 $28,500

Last edited by dackp143; 09-29-11 at 07:32 AM.
Old 09-28-11, 09:36 PM
  #2  
Sffd103
Fire Slayer
iTrader: (16)
 
Sffd103's Avatar
 
Join Date: Apr 2010
Location: NorCal
Posts: 10,548
Received 9 Likes on 9 Posts
Default

wow....kinda crazy!!
Old 09-28-11, 09:42 PM
  #3  
GilIS250
Lead Lap
iTrader: (10)
 
GilIS250's Avatar
 
Join Date: Jun 2011
Location: DMV
Posts: 779
Likes: 0
Received 1 Like on 1 Post
Default

2006 LEXUS IS350 GRAY 4 6 GAS P 4X2 Y CD SR L 70,389 $16,900
That's not bad ... though I'm sure any dealership would try to get at least 20k for it
Old 09-28-11, 10:02 PM
  #4  
dackp143
Pole Position
Thread Starter
iTrader: (3)
 
dackp143's Avatar
 
Join Date: Sep 2011
Location: Georgia
Posts: 335
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by GilIS250
2006 LEXUS IS350 GRAY 4 6 GAS P 4X2 Y CD SR L 70,389 $16,900
That's not bad ... though I'm sure any dealership would try to get at least 20k for it
Oh yeah.. they pay $16,900 plus roughly 1-3% in auction fees, plus $90 inspection totaling roughly $17,500 for the dealer. This means after certifications and oil changes and other maintenance, the dealer will have probably $18k+ in it.. then they put it for sale for about $21k hoping to get about $19k for it!

Interesting!
Old 09-28-11, 10:04 PM
  #5  
TTechLexus
Lead Lap
iTrader: (3)
 
TTechLexus's Avatar
 
Join Date: Aug 2011
Location: TEXAS / South Fl
Posts: 565
Likes: 0
Received 1 Like on 1 Post
Default

Dang, how do I get in on that!?
Old 09-28-11, 10:07 PM
  #6  
getfunky
Driver
 
getfunky's Avatar
 
Join Date: Nov 2010
Location: TX
Posts: 154
Likes: 0
Received 1 Like on 1 Post
Default

seriously... can anyone just walk up to one of these auctions? Do you need a special permit or license?
Old 09-28-11, 10:10 PM
  #7  
llamaboiz
Lexus Fanatic
 
llamaboiz's Avatar
 
Join Date: May 2007
Location: Windward, Oahu
Posts: 11,030
Likes: 0
Received 7 Likes on 7 Posts
Default

its weird to see newer cars than mine with more mileage..
Old 09-28-11, 10:16 PM
  #8  
dackp143
Pole Position
Thread Starter
iTrader: (3)
 
dackp143's Avatar
 
Join Date: Sep 2011
Location: Georgia
Posts: 335
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by TTechLexus
Dang, how do I get in on that!?
You have to be a dealer and you have to be registered in order to walk in to the auction building. Here in Atlanta, a police officers checks your drivers license and your auction ID BEFORE you even walk through the front door.

Originally Posted by getfunky
seriously... can anyone just walk up to one of these auctions? Do you need a special permit or license?
Nah unfortunately no. They are for dealers only and you have to be registered through the state.

Originally Posted by llamaboiz
its weird to see newer cars than mine with more mileage..
Some people love to drive! I put 185,000 miles on my 2003 IS300 before I bought the IS350. I love being behind the wheel, driving to Florida, up north, downtown Atlanta, etc.
Old 09-28-11, 10:46 PM
  #9  
MyIS350G
Lexus Champion
iTrader: (6)
 
MyIS350G's Avatar
 
Join Date: Apr 2010
Location: NorCal - 916
Posts: 2,977
Likes: 0
Received 2 Likes on 2 Posts
Default

pretty crazy prices. whole lot of 250s and only 6 350s
Old 09-28-11, 10:46 PM
  #10  
Cobra611
Pit Crew
 
Cobra611's Avatar
 
Join Date: Sep 2011
Location: NY
Posts: 121
Received 35 Likes on 11 Posts
Default

I am curious to know that if any of these cars were traded in, would a dealer offer less for the trade than what they go for at auction?
Old 09-28-11, 11:19 PM
  #11  
100degrees
Pole Position
iTrader: (1)
 
100degrees's Avatar
 
Join Date: Feb 2011
Location: NY
Posts: 257
Likes: 0
Received 0 Likes on 0 Posts
Default

They're prob Manheim prices. When dealer takes your car for trade-in these are the prices they base it off of.
Old 09-29-11, 05:36 AM
  #12  
dackp143
Pole Position
Thread Starter
iTrader: (3)
 
dackp143's Avatar
 
Join Date: Sep 2011
Location: Georgia
Posts: 335
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by Cobra611
I am curious to know that if any of these cars were traded in, would a dealer offer less for the trade than what they go for at auction?
I am sure a lot of them were trade-ins. In fact, if they weren't traded in then these are cars off the lot the dealer couldn't sale. Usually 8 times out of 10 the dealer will take ALL trade-ins to auction because they don't think they can sell them.

NO, the dealer bases their prices of of KBB.. PERIOD. It doesn't matter what the wholesale price of a car went for at auction, it matters what KBB is. The auction price simply tells you that you actually have a lot of room to negotiate the car price with the dealer rather than eating their over priced sticker price
Old 09-29-11, 05:37 AM
  #13  
dackp143
Pole Position
Thread Starter
iTrader: (3)
 
dackp143's Avatar
 
Join Date: Sep 2011
Location: Georgia
Posts: 335
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by MyIS350G
pretty crazy prices. whole lot of 250s and only 6 350s
That's because the IS350 is a more popular car. The 250 being slow really makes it a hard thing to wanna keep. People will lease the 250, hate it, and then dump. They will lease buy their 350's.
Old 09-29-11, 06:01 AM
  #14  
Kurtz
Lexus Fanatic
iTrader: (1)
 
Kurtz's Avatar
 
Join Date: Aug 2007
Location: NC
Posts: 7,810
Likes: 0
Received 13 Likes on 10 Posts
Default

Originally Posted by dackp143
That's because the IS350 is a more popular car. The 250 being slow really makes it a hard thing to wanna keep. People will lease the 250, hate it, and then dump. They will lease buy their 350's.
Lexus sells massively more 250s than 350s... up to 2010 something like 80-90% of all 2ISes sold were 250s...which kinda means the 350 is the opposite of popular in that sense. I'll be very curious to see the final 2011 model year numbers to see the impact offering the 350 in AWD finally has.

A lot more 250s get re-sold because a lot more 250s are sold in the first place. That's not necessarily the only reason you see more 250s for sale, but it would have to, mathematically, be the primary one.
Old 09-29-11, 06:16 AM
  #15  
pmpdaddyt
Lexus Test Driver
iTrader: (4)
 
pmpdaddyt's Avatar
 
Join Date: Dec 2007
Location: Maryland
Posts: 1,015
Likes: 0
Received 0 Likes on 0 Posts
Default

2008 LEXUS IS F BLUE 4 8 GAS A Y CD PG L 77,054 $31,000 <--- This FTW

btw: do u have the prices for LS'


Quick Reply: September Auction Results: How much our IS's go for at auction



All times are GMT -7. The time now is 11:41 AM.