I'm looking at a 2002 LS430, 56K miles and they (dealer) are asking $35K. I have an 1994 ls that I think is worth about $3500 as a trade. Is there anything about the 02's that I should be aware of? Is $35K a fair price. I hate selling cars and I live in the boonies or I might sell the '94, I realize it retail books around $8k.

 

go ahead man i have one and it's a very nice car... the only thing is i recomend you to go for the UL ones. more opetion that you will like.

 

The price is high even with UL package.

 

I just bought one with UL. It should arrive tomorrow so I will be posting my review and pics of it shortly.

 

yeah i think it should be a bit lower as well

 

Thanks guys, I didn't mention that it is a CPO car, which may affect it's price. What do you get with the UL option? What is a fair price?

 

I have a prestin 04 ls 430 with 20 inch lowenharts.It only has 17,000 miles on it.Th rims are staggered chrome ldr with fat lips and true 3 piece rims.Alone they sell for 7,000.will take 49,000 for all.Yes this ls is fully loaded with nav.

 

I'd have to say that is little high myself. It's a great car and will last forever but, when I was looking around saw cars 01-03 (only looking at cars with nav, ML system and Xeon), and was seeing $24k+ (depending on the miles), a 02 with about 50K and nav, I'd be around $26-29K in my eyes (found mine about 2 months ago)

Sold my 1996 LS here on Club Lexus...Great guy, I hope his son enjoys the car...It was a great car (I'm sure it will be for many years too)

 

It's all about negotiation . . . tell them you want $4500 on trade and will give them $30k total for the car ($26k after trade). They, of course, will say something like: "$4000 on trade and $33k total." Go back and forth . . .

I think $32k is "reasonable," but never pay the "asking" price.

 

I sell my 04 Ls 430 with 18,000 miles on it for 42,000

 

If you can, wait until the 2007 LS460 comes out. The 2001-2006 LS 430's will be cheaper then. Some will say not to wait but, patience seems to give back a higher reward. Unless you have to get rid of your current Lexus now.


GOD IS GOOD!

 

...yourself. The reward will be more to put down on the car. Dealers jack consumers on trade-ins. If the dealer is saying $3,500 and you can get $7,000-8,000 if you sell, thats easy math!


GOD IS GOOD!

 

35K is way too high for a '02. I wouldnt pay over 23K, unless it was a UL.. in which i would pay max around 26K.

 

Okay,

I keep seeing people talking about 23k for these cars, but I have not found one under 25k.....I have been looking for about a month. I search on cars.com, auto trader, and auto mart...not too many dealers are around my area that have LS's, and I do get lazy on my only day off (Saturdays) to go to a bigger city to look at cars.

I live in the boonies, so I really do not want to offer my car for sale because then everyone is going to want to test drive the car (bmw 7 series) so that is why I am really considering a trade-in.

 

Whos saying 23 for a ultra lux package equipped car? I think one person said 23 for non ultra, which i think is too low, possibly a roughed up model that you dont want. Ultra is a big option so to get a quality vehicle you'll be around 30k. by quality i mean not abused but cared for. a clean interior is the most precious since theres only so much you can do to reconsition it without having to buy new and costly trim pieces and leather.

the LS its worth the money though. once you buy it you'll never go lower. thye keep their value because they are keeper vehicles and rare on the market. when they are up for sale nobody is in a hurry to sell them because its only for lifestyle reasons or an upgrade, its never a firesale because of mechanical problems with these cars like you'll see on other used models.

good luck and keep us posted!