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Value of 2022 IS500 LE
I'm thinking of selling my IS500. It's a 2022 LE with about 50,000 km on it (31,000ish miles). What do people think is a fair price for the car?
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$Cdn. 64500
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I was gonna close to 64 also since it's the LE. What are you getting instead?
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Low to mid 50s usd with that mileage
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Originally Posted by wthrman2
(Post 11997712)
I was gonna close to 64 also since it's the LE. What are you getting instead?
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^^ Subaru's AWD are pretty hard to beat in our climate!! Obviously my situation is different as I never drive mine in the winter so I can understand your decision to move away from your 500
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My guess is mid to upper 50’s
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If this was in the US, I'd say low $50k USD, possibly a little less if there are any items on the CarFax/history that might impact value.
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Private sale, probably $60k USD, maybe a bit more. Trading it, likely mid $50k.
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It's crazy to think these cars were going for $80-90k at one point lol
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Originally Posted by TipsyTonio
(Post 11998897)
It's crazy to think these cars were going for $80-90k at one point lol
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A rough analog to guestimate resale value is to look at Lease Residuals.
Not the IS model specifically, but cars generally have about a 50% residual in a 36-month lease. If that holds generally true, then our opinions of "$50k or $60k" would appear favorable for a car that was once "$80k or $90k". |
Originally Posted by mcomer
(Post 11998931)
A rough analog to guestimate resale value is to look at Lease Residuals.
Not the IS model specifically, but cars generally have about a 50% residual in a 36-month lease. If that holds generally true, then our opinions of "$50k or $60k" would appear favorable for a car that was once "$80k or $90k". |
Originally Posted by TipsyTonio
(Post 11998897)
It's crazy to think these cars were going for $80-90k at one point lol
…and not one was left on the lots it seems. |
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