How much is an 07 LS460 worth?
09-06-07, 03:18 PM
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How much is this LS460 worth?
I was wondering how much my dad's 2007 SGM LS460 w/ the alabaster interior w/ 7421 miles would be worth. The options on the car are: Comfort Plus, Nav w/ ML, Park assist, advanced parking guidance system. The reason why I'm asking this is because my dad just took delivery of his 2008 Mercedes-Benz S63 AMG(which he got at an awesome price from MB of South Bay) and he is thinking of selling the LS460.
Last edited by PhilipMSPT; 09-06-07 at 04:25 PM.
09-06-07, 03:19 PM
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How much is an 07 LS460 worth?
I was wondering how much my dad's 2007 SGM LS460 w/ the alabaster interior w/ 7421 miles would be worth. The options on the car are: Comfort Plus, Nav w/ ML, Park assist, advanced parking guidance system. The reason why I'm asking this is because my dad just took delivery of his 2008 Mercedes-Benz S63 AMG(which he got at an awesome price from MB of South Bay) and he is thinking of selling the LS460.
09-06-07, 03:24 PM
#3
this is just a wild guess. residual on the ls460 is close to 50% after 3 years lease with ~12k miles a year. so that's like 16 to probably 20% drop the first year. for 7k miles, maybe 15% drop from msrp?
if the msrp was like 70k, probably market price now is like 66k or so (the car isn't as hot anymore and a lot of dealerships have inventory and discounts are everywhere), so maybe the car is worth like 60k?
(again, my random guess)
if the msrp was like 70k, probably market price now is like 66k or so (the car isn't as hot anymore and a lot of dealerships have inventory and discounts are everywhere), so maybe the car is worth like 60k?
(again, my random guess)
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09-06-07, 03:45 PM
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07 LS460L 5k from dealer
Hello
this is my first post, and i hope its going to be helpful.
today after noon ill go to a lexus dealer here in Dubai, to see a demo car for sale ('07 LS460L 5 seater) which has a 5k on it (km, thats 3,100 miles) if it was new the price would be 82k dollars, but since its a demo it would cost 76K dollars. It depends mostly on the demand of the car, if it was highly demanded u wont lose much ,but if it wasn't u would.
Good luck
and Happy Birthday
this is my first post, and i hope its going to be helpful.
today after noon ill go to a lexus dealer here in Dubai, to see a demo car for sale ('07 LS460L 5 seater) which has a 5k on it (km, thats 3,100 miles) if it was new the price would be 82k dollars, but since its a demo it would cost 76K dollars. It depends mostly on the demand of the car, if it was highly demanded u wont lose much ,but if it wasn't u would.
Good luck
and Happy Birthday
09-06-07, 04:26 PM
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09-06-07, 04:28 PM
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The car aint worth crap. I toyed with the idea of trading in my LS460L with a sticker price of $94K, and was offered high 60's for it.
Needless to say, I will keep it until the wheels fall off.
Needless to say, I will keep it until the wheels fall off.
09-06-07, 04:48 PM
#15
Go to Edmunds.com to look up value. Someone said KBB doesn't have pricing. It's worth what someone is willing to pay for it. A dealer won't give enough, you will have to sell it out of the paper, or online...
Craig
Craig