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2004 LS Real Value?

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Old Sep 27, 2007 | 06:17 AM
  #1  
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Default 2004 LS Real Value?

Ok guys, I have decided to try to sell my 2004 LS430 myself. I really need a little bit of help with the pricing. The dealer offered me an honest $27,000, which is apparently the auction value. KBB shows about 5 to 7 thousand dollars higher, depending on wholesale/retail. I am thinking about listing it at $32,000 firm.

It's a 2004 LS430 with 45,500 miles, Modern Luxury with Mark Levinson/NAV. White exterior with tan interior. Michelin tires with only 5000 miles. I am the original owner and the car has been garage kept, only hand washed. There is one scratch on the rear bumper and 2 of the wheels have "grind" marks along the rim where the tire meets, but other than that the car is mint. I have the original mats that were never installed and there has never been any accidents/paintwork, etc.

How shall I price it for a realistic sale and where should I advertize? Ebay seems to have only dealer cars at low prices.
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Old Sep 27, 2007 | 09:55 AM
  #2  
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previously I thought 27k (trade-in) was too little, but after more research, 27k seems pretty realistic... (most of these are CPO) plus Modern Luxury is pretty close to base model as they come... and most 04' LS430 are "mint condition" anyways... good luck!


9 $34,99525,397 mi.2004 Lexus LS 430
White, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# L140643.


10 $34,99532,401 mi.2004 Lexus LS 430
Blue Onyx Pearl, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# L152238.


10 $34,99533,705 mi.2004 Lexus LS 430
Moonlight Pearl, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# L145745.

19 $34,90044,835 mi.2004 Lexus LS 430
Black, 4 door, Sedan, Automatic, 8 Cylinders, Stock# 36226.


10 $34,90041,967 mi.2004 Lexus LS 430
Gold, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# 1536-125.


32 $34,86516,102 mi.2004 Lexus LS 430
Silver, 4 door, RWD, Sedan, AUTOMATIC, 8 Cylinders, Stock# 1519.


6 $34,67042,322 mi.2004 Lexus LS 430
Gray, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# 89873.



32 $34,62569,000 mi.2004 Lexus LS 430
4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# 38439.


24 $34,50050,053 mi.2004 Lexus LS 430
White / Tan, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# 96080.

$34,50050,053 mi.2004 Lexus LS 430
White / Tan, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# 96080.


9 $34,49535,136 mi.2004 Lexus LS 430
Moonlight Pearl, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# L151028.


10 $34,49536,956 mi.2004 Lexus LS 430
Mercury Metallic, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# L152953.


10 $34,40034,722 mi.2004 Lexus LS 430
Moonlight Pearl, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# L159791.


11 $34,40033,375 mi.2004 Lexus LS 430
Crystal White, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# L134757.


$33,99936,987 mi.2004 Lexus LS 430
Black Onyx, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# 40128057.


4 $33,99542,105 mi.2004 Lexus LS 430
Green, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# P12442.


6 $33,99531,731 mi.2004 Lexus LS 430
Gold, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# 89184.


6 $33,99560,388 mi.2004 Lexus LS 430
Black, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# TY4792.

9 $33,99045,595 mi.2004 Lexus LS 430
Crystal White, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# CP0311.


6 $33,98835,861 mi.2004 Lexus LS 430
Blue Onyx Pearl, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# 5556.


12 $33,95042,188 mi.2004 Lexus LS 430
Black Onyx, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# 108196.


9 $33,90074,747 mi.2004 Lexus LS 430
Crystal White, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# LX7429418A.


9 $33,90055,612 mi.2004 Lexus LS 430
Silver, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# LL3104S.


9 $33,50031,776 mi.2004 Lexus LS 430
White, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# MP42766.


14 $32,99548,646 mi.2004 Lexus LS 430
Black, 4 door, Sedan, Automatic, 8 Cylinders, Stock# 2050.

12 $32,99534,596 mi.2004 Lexus LS 430
Black, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# 7161.


32 $32,99527,200 mi.2004 Lexus LS 430
Burgundy, 4 door, RWD, Sedan, Automatic, 4.3L V8 SFI DOHC 32V, Stock# 10332.

8 $32,99542,552 mi.2004 Lexus LS 430
Silver, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# 7171K.


9 $32,90038,882 mi.2004 Lexus LS 430
Moonlight Pearl, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# L151567.


12 $32,79534,600 mi.2004 Lexus LS 430
Black, 4 door, Sedan, AUTO, 8 CYL, Stock# 2050.


10 $32,79534,799 mi.2004 Lexus LS 430
Silver, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# 7160.


21 $32,34541,794 mi.2004 Lexus LS 430
White, 4 door, RWD, Sedan, AUTOMATIC, 8 Cylinders, Stock# LEX046.

30 $31,99040,996 mi.2004 Lexus LS 430
Crystal White, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# 90836.


31 $31,90034,300 mi.2004 Lexus LS 430
Mercury Metallic, 4 door, RWD, Sedan, Automatic, 4.3L V8 SFI DOHC 32V, Stock# 10225.


6 $31,90061,731 mi.2004 Lexus LS 430
Silver, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# 6179R.


9 $31,90050,585 mi.2004 Lexus LS 430
Mystic Gold Metallic, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# 135012.


6 $31,49935,543 mi.2004 Lexus LS 430
Black, 4 door, Sedan, AUTO, 4.3L V8, Stock# 6899P.

10 $30,99579,750 mi.2004 Lexus LS 430
Black, 4 door, RWD, Sedan, automatic, 8 Cylinders, Stock# 004007.

32 $30,99052,573 mi.2004 Lexus LS 430
Silver, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# 90837.


9 $30,99072,669 mi.2004 Lexus LS 430
Beige, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# C70464A.
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Old Sep 27, 2007 | 10:06 AM
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So are you saying that I am hi at $32,000 "real price" from one private owner to another? Or about right?????
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Old Sep 27, 2007 | 11:24 AM
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Hi Daryll, look up your value at

http://www.edmunds.com/tmv/used/index.html


You could try autotrader.com, Ebay or cars.com

I sold mine in the newspaper. The first person who came to see the car bought it. You shouldn't have any trouble selling on your own.

Good luck!

Craig
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Old Sep 27, 2007 | 04:43 PM
  #5  
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When I bought my car, as a CPO, I first negotiated the price by saying I did not want the CPO warranty. By denying the CPO warranty, they knocked $2,000 right off the price.

I see KillerGS4 posting about $33900 for a 2004 with 45K miles. Knock 2,000 off, you get $31,900. That's very close to the $32,000 you are listing. I'd say, by looking at the numbers in this thread alone, it's a fair retail price.

I happen to have the BLUE BOOK Used Car Guide, published by Kelly BLUE BOOK Official Guide, for used cars & trucks: For the Period: JULY-DECEMBER 2007. I find the numbers in this book AMAZINGLY HIGH!

For 2004 Lexus LS430

Excellent Condition Retail: $41,100 (add another $3,800 if it's a UL!)
GoodCondition Private Party: $34,200
Good Condition Trade-in: $29,675
Fair Condition Trade-in: $26,500

Obviously, the dealer pushed down your trade-in value to a little bit better than FAIR Condition, by offering you $500 over the "fair" cond. trade-in value.

I'm sure your car is at "good" condition value, that's $34,200, private party.

But before you list it at that price: let's see: if I were considering your car, and happen to drive by a Lexus dealer with a 2004 LS430 with CPO sitting in the lot... "holding everything else equal" I would take the CPO, for that piece of mind.

Let's consider this CPO that KillerGS4 showed us:

$33,990 45,595 mi. 2004 Lexus LS 430
Crystal White, 4 door, Sedan, AUTO 6SPD, 4.3L V8, Stock# CP0311.

Yours read:

$32,000 firm 45,500 mi. 2004 Lexus LS 430
White, 4 door, Sedan, AUTO 6SPD, 4.3L V8

Knock that $2,000 off $33,990, and you get 10 dollars off the $32,000 you're listing.

I think you're listing a realistic price. But how much will your final buyer negotiate, that's another story.

Good luck, I'm selling my white '02 too.

Last edited by lexusthai; Sep 27, 2007 at 04:46 PM.
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Old Sep 28, 2007 | 03:58 AM
  #6  
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I listed it in the local paper at $32,500, starts tomorrow. If I can't get above $30,000, then I'll keep it.
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Old Sep 28, 2007 | 08:10 AM
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$32.5K sounds like a realistic price. Another thing to do is browse Craigslist and Autotrader - build a spreadsheet of the cars, and average/even the prices out (grouped by private party and by dealer).

Also, make sure you post in Craigslist as well - it's free, easy to do, and I've sold many cars through it.
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Old Oct 11, 2007 | 03:32 AM
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Well, the dealer finally moved. We've been haggling for over a month. They are now giving me an honest $28,900 for my 2004 with ML and 46K miles on a trade for a 2007 LS460. I am also getting the new car at $2,000 over invoice.
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Old Oct 30, 2007 | 09:58 PM
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Here are some ACTUAL LS430 prices from real people:

http://www.pricehub.com/price/Lexus/LS430

I hope this helps!
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Old Oct 31, 2007 | 11:05 AM
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I'd take that with a grain of salt given price varies based on state and condition of the car - and can vary greatly...
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