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150k miles 2001 pricing question

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Old Jul 11, 2009 | 04:10 PM
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Default 150k miles 2001 pricing question

I saw the KBB and NADA pricing and all that jazz, realistically though is $10k a fair price for this car? I am not scared by the high miles but when it comes time to sell I don't want to lose my shirt either.
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Old Jul 11, 2009 | 07:16 PM
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Maintanence history, and accidents? One owner? What condition fair, good very good excellent?
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Old Jul 12, 2009 | 09:35 PM
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Depends on the condition of the car. I brought my 01 LS430 about 10 months ago for $14K with 74K on it.
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Old Jul 13, 2009 | 02:26 AM
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Just as an observation:

Went with an 01 LS with a tad less mileage than G_Ride (39,640) , but 3k more in cost.

Any accurate formulas out there to derive the value of mileage?
Driver of this car avg's. 8000 miles a year currently so that 34k is over 4 years use at her current pace of accruing miles.

To simplify: 10,000 miles is worth X. What is an accurate figure for "X" for an LS430?

Have no interest in somebody doing the math pertaining to my specific example. I am interested in an answer to the line above.

Last edited by damon; Jul 14, 2009 at 06:12 PM.
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Old Jul 14, 2009 | 02:22 PM
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I too bought mine 10 months ago (01) with 91K miles, and I paid $14K. The car was in near perfect condition with full service history, and from the original owner. 16K miles later, the car is still perfect, with absolutely no problems. I am very happy and glad I shopped around to find a the perfect vehicle for me. My goal is to get to 200K, then give it to one of my kids.

Getting back on topic, I think $10K is doable if it has a good documented history and is pretty clean. But that is just my opinion, and it's not worth much. Good luck.
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Old Jul 16, 2009 | 10:38 AM
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I picked mine up 2001 LS430 82k one step under ultra....

All records (JM Lexus since new)
All maintenece @ dealer
2nd owner carfax ( no accidends )
All points inspection, and free first oil change included

$13.900

Be aware lots of these high mile cars were auction bate and were used as fleet vehicles....run a carfax and get a free record check. They run forever "IF" treated right from the start
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