And the 2010 Lexus LS460 with 7,981 miles sold for $61.25K:
03/02/11 BAY CITI Factory $61,250 7,981 OBSIDIAN

Attached is the Condition Report on that one as well.

Cheers,
James

 

Had a few private messages asking for this so here you go. These are the LS's coming up for sale this week at the dealer auction. I'm an engineer not a salesman so I'll do the best to provide you with the information. Hopefully you find a good auto broker to work with if you're trying to buy these for wholesale price. Just make sure it's clean and well-maintained or else buyer beware...

=======================================================
Year Make Model Miles Color VIN#
=======================================================
2009 LEXUS LS460 18,313 AWD VIN# JTHCL46F195002751
2010 LEXUS LS460 22,570 Black VIN# JTHCL5EF1A5005984
2008 LEXUS LS460L 25,114 Black VIN# JTHGL46F185028816
2008 LEXUS LS460 26,050 Silver VIN# JTHBL46F785074757
2007 LEXUS LS460L 27,149 Black VIN# JTHGL46F875018069
2008 LEXUS LS460 27,638 VIN# JTHBL46F685076628
2008 LEXUS LS460L 28,849 Black VIN# JTHGL46F585023280
2008 LEXUS LS460 30,129 Gray VIN# JTHBL46F585058640
2007 LEXUS LS460 30,988 VIN# JTHBL46F175050520
2008 LEXUS LS460 31,101 Black VIN# JTHBL46F485068401
2008 LEXUS LS460 31,954 Black VIN# JTHBL46FX85060660
2008 LEXUS LS460 32,386 Silver VIN# JTHBL46FX85053577
2007 LEXUS LS460 33,064 VIN# JTHBL46F475010836
2008 LEXUS LS460 34,645 Black VIN# JTHBL46F285063844
2008 LEXUS LS460 34,654 Black VIN# JTHBL46F885058552
2007 LEXUS LS460 35,025 Blue VIN# JTHBL46F075050721
2008 LEXUS LS460 35,423 VIN# JTHBL46F285065609
2008 LEXUS LS460 35,623 Black VIN# JTHBL46F185061745
2008 LEXUS LS460 35,871 Green VIN# JTHBL46F285053010
2008 LEXUS LS460 36,359 Black VIN# JTHBL46F885065064
2008 LEXUS LS460 36,390 Burgundy VIN# JTHBL46F185062166
2007 LEXUS LS460 37,082 White VIN# JTHBL46F575022297
2008 LEXUS LS460L 39,412 Black VIN# JTHGL46F385021947
2008 LEXUS LS460 39,455 Black VIN# JTHBL46F485059942
2008 LEXUS LS460 39,486 Silver VIN# JTHBL46F485058581
2008 LEXUS LS460 40,035 Blue VIN# JTHBL46F985066952
2008 LEXUS LS460 40,793 Black VIN# JTHBL46F785075391
2008 LEXUS LS460 40,838 Gray VIN# JTHBL46F685063930
2008 LEXUS LS460 41,568 VIN# JTHBL46F585081349
2007 LEXUS LS460 43,462 Silver VIN# JTHBL46F175019073
2007 LEXUS LS460 43,584 Silver VIN# JTHBL46F775009101
2008 LEXUS LS460 44,436 Blue VIN# JTHBL46F585066561
2007 LEXUS LS460 45,158 VIN# JTHBL46F175050114
2008 LEXUS LS460L 45,441 Silver VIN# JTHGL46F685025426
2008 LEXUS LS460 46,079 White VIN# JTHBL46F985070483
2008 LEXUS LS460L 47,723 Blue VIN# JTHGL46F985026523
2008 LEXUS LS460L 47,908 Black VIN# JTHGL46F785025631
2009 LEXUS LS460 48,330 Black VIN# JTHBL46F895084960
2007 LEXUS LS460 48,732 Black VIN# JTHBL46F275041471
2008 LEXUS LS460 52,274 Blue VIN# JTHBL46FX85072534
2008 LEXUS LS460 52,526 Gray VIN# JTHBL46F785063094
2007 LEXUS LS460 53,100 Black VIN# JTHBL46F775016999
2008 LEXUS LS460 53,401 Gray VIN# JTHBL46F985074372
2009 LEXUS LS460 55,330 Gray VIN# JTHBL46F295089524
2007 LEXUS LS460 58,010 VIN# JTHBL46F175034883
2007 LEXUS LS460 59,470 Silver VIN# JTHBL46F975051608
2008 LEXUS LS460 60,670 Gray VIN# JTHBL46F485070469
2007 LEXUS LS460L 62,976 Gray VIN# JTHGL46FX75004965
2007 LEXUS LS460L 63,274 Blue VIN# JTHGL46F975004892
2007 LEXUS LS460L 67,340 Black VIN# JTHGL46F675008169
2007 LEXUS LS460 67,981 Gray VIN# JTHBL46F775043832
2007 LEXUS LS460 76,035 VIN# JTHBL46F675032143
2007 LEXUS LS460L 78,837 Gray VIN# JTHGL46F575014948
2007 LEXUS LS460 78,922 Silver VIN# JTHBL46F275012715
2008 LEXUS LS460L 111,755 Silver VIN# JTHGL46F185027228

 

To say it is rare to get a worthy LS at the auction may be true. I however got a LS430 from a broker from the auction and have driven it 80 k miles now without a single problem. The price was very cheap and I could not be happier. Usually these are adult driven cars and with the existing warrantees, condition reports, and if you get the vin # you can do some research ahead of time.

I have read there are paint gauges to check for paint thickness on cars which may indicate a accident. Are they effective?

 

Indeed. The key is to do as much research on a specific VIN# and vehicle history as possible just like any other big ticket item you would buy. The condition reports are invaluable and if the Lexus is coming off lease or from a reputable dealer than all the better. Many times it is truly buyer beware however great wholesale prices abound for the keen-minded buyer.

Probably so but I would rely on the expertise of a broker with 10 - 20 years experience as well as knowing where the Lexus comes from.

 

There are good cars there for sure, it's just if you are picky it can be tough. Most cars are off lease cars and a lot of the time it seems the owners don't care about the car because it is a lease and they just turn the car in once the lease is up. Most have scratches and little dings in the bumpers that need to be fixed and the ones that have had body work done are subpar and easy to notice even without a paint meter. The clean ones also tend to go for a higher price than the average you see looking at the post sale results.

When I went looking for a car there I used a paint meter because it is accurate and very quick, however they are not cheap. I like going there just looking at all of the exotic cars they have (Lambos, Ferraris, etc.).

 

Can't argue with the price though (assuming it's clean and good maintenance history of course)!


2007 LEXUS LS460 SOLD PRICE: $25,750 03/10/2011 THU GTR PHNX LEASE MILEAGE: 64,391 COLOR: SILVER
2007 LEXUS LS460 SOLD PRICE: $27,000 03/23/2011 WED MILWAUKE LEASE MILEAGE: 70,987 COLOR: GRAY
2007 LEXUS LS460 SOLD PRICE: $27,250 03/02/2011 WED MILWAUKE LEASE MILEAGE: 90,948 COLOR: SILVER
2007 LEXUS LS460 SOLD PRICE: $27,400 03/09/2011 WED W PALM LEASE MILEAGE: 67,987 COLOR: DK/GREY
2007 LEXUS LS460 SOLD PRICE: $28,000 03/09/2011 WED KC REGULAR MILEAGE: 66,238 COLOR: DK GRY
2007 LEXUS LS460 SOLD PRICE: $28,200 03/02/2011 WED ATLANTA LEASE MILEAGE: 86,463 COLOR: DARK GRY
2007 LEXUS LS460 SOLD PRICE: $28,700 03/08/2011 TUE STATESVL REGULAR MILEAGE: 74,123 COLOR: GRY
2007 LEXUS LS460 SOLD PRICE: $28,800 03/09/2011 WED CEN FLA REGULAR MILEAGE: 64,054 COLOR: GRAY
2007 LEXUS LS460 SOLD PRICE: $28,800 03/31/2011 THU ATLANTA REGULAR MILEAGE: 67,981 COLOR: GRY
2007 LEXUS LS460 SOLD PRICE: $29,000 03/28/2011 MON FAAO LEASE MILEAGE: 94,541 COLOR: BLACK
2007 LEXUS LS460 SOLD PRICE: $29,300 03/31/2011 THU SO CAL REGULAR MILEAGE: 110,194 COLOR: SILVER
2007 LEXUS LS460 SOLD PRICE: $29,500 03/14/2011 MON W PALM LEASE MILEAGE: 61,250 COLOR: SILVER
2007 LEXUS LS460 SOLD PRICE: $29,500 03/23/2011 WED MINNEAP REGULAR MILEAGE: 113,727 COLOR: BLACK
2007 LEXUS LS460 SOLD PRICE: $30,000 03/07/2011 MON CADE REGULAR MILEAGE: 69,580 COLOR: BLUE
2007 LEXUS LS460 SOLD PRICE: $30,000 03/10/2011 THU MANHEIM LEASE MILEAGE: 44,621 COLOR: GREEN
2007 LEXUS LS460 SOLD PRICE: $30,200 03/10/2011 THU SO CAL REGULAR MILEAGE: 49,902 COLOR: GREEN
2007 LEXUS LS460 SOLD PRICE: $30,250 03/02/2011 WED BAY CITI LEASE MILEAGE: 52,930 COLOR: GRANITE
2007 LEXUS LS460 SOLD PRICE: $30,250 03/15/2011 TUE STATESVL REGULAR MILEAGE: 79,330 COLOR: GRAY
2007 LEXUS LS460 SOLD PRICE: $30,250 03/16/2011 WED DALLAS LEASE MILEAGE: 59,813 COLOR: GREY
2007 LEXUS LS460 SOLD PRICE: $30,250 03/29/2011 TUE STATESVL REGULAR MILEAGE: 43,462 COLOR: SILVER
2007 LEXUS LS460 SOLD PRICE: $30,495 03/08/2011 TUE NADE REGULAR MILEAGE: 99,448 COLOR: BLACK
2007 LEXUS LS460 SOLD PRICE: $30,500 03/02/2011 WED BAY CITI LEASE MILEAGE: 59,090 COLOR: GRANITE
2007 LEXUS LS460 SOLD PRICE: $30,500 03/03/2011 THU GTR TMPA REGULAR MILEAGE: 38,009 COLOR: CHAR
2007 LEXUS LS460 SOLD PRICE: $30,750 03/17/2011 THU CINCINNA REGULAR MILEAGE: 116,563 COLOR: WHITE
2007 LEXUS LS460 SOLD PRICE: $30,800 03/03/2011 THU MANHEIM REGULAR MILEAGE: 44,821 COLOR: SILVER
2007 LEXUS LS460 SOLD PRICE: $31,000 03/03/2011 THU MANHEIM LEASE MILEAGE: 59,765 COLOR: RED
2007 LEXUS LS460 SOLD PRICE: $31,000 03/24/2011 THU RIVRSIDE REGULAR MILEAGE: 43,547 COLOR: GRAY
2007 LEXUS LS460 SOLD PRICE: $31,000 03/30/2011 WED ATLANTA LEASE MILEAGE: 53,100 COLOR: OBS BLK
2007 LEXUS LS460 SOLD PRICE: $31,000 03/31/2011 THU CHICAGO REGULAR MILEAGE: 59,529 COLOR: SILVER
2007 LEXUS LS460 SOLD PRICE: $31,100 03/15/2011 TUE GA DLRS LEASE MILEAGE: 59,903 COLOR: NAVY
2007 LEXUS LS460 SOLD PRICE: $31,200 03/14/2011 MON FAAO LEASE MILEAGE: 61,065 COLOR: BLACK
2007 LEXUS LS460 SOLD PRICE: $31,250 03/17/2011 THU MANHEIM LEASE MILEAGE: 64,089 COLOR: GREY
2007 LEXUS LS460 SOLD PRICE: $31,250 03/30/2011 WED BAY CITI LEASE MILEAGE: 30,988 COLOR: VERDIGRI
2007 LEXUS LS460 SOLD PRICE: $31,600 03/22/2011 TUE FAAO LEASE MILEAGE: 69,748 COLOR: SILVER
2007 LEXUS LS460 SOLD PRICE: $31,800 03/03/2011 THU W PALM REGULAR MILEAGE: 61,223 COLOR: WHITE
2007 LEXUS LS460 SOLD PRICE: $31,800 03/11/2011 FRI NEVADA REGULAR MILEAGE: 44,607 COLOR: GRAY
2007 LEXUS LS460 SOLD PRICE: $32,200 03/15/2011 TUE FAAO REGULAR MILEAGE: 56,253 COLOR: BLACK
2007 LEXUS LS460 SOLD PRICE: $32,200 03/30/2011 WED ATLANTA LEASE MILEAGE: 48,732 COLOR: OBSBLK
2007 LEXUS LS460 SOLD PRICE: $32,250 03/24/2011 THU HOBBY REGULAR MILEAGE: 57,154 COLOR: TAN
2007 LEXUS LS460 SOLD PRICE: $32,499 03/28/2011 MON NADE REGULAR MILEAGE: 43,864 COLOR: BLACK
2007 LEXUS LS460 SOLD PRICE: $32,900 03/09/2011 WED CEN FLA REGULAR MILEAGE: 44,109 COLOR: WHITE
2007 LEXUS LS460 SOLD PRICE: $33,000 03/09/2011 WED W PALM LEASE MILEAGE: 25,810 COLOR: DK/GREY
2007 LEXUS LS460 SOLD PRICE: $33,000 03/21/2011 MON MANHEIM LEASE MILEAGE: 29,220 COLOR: DK GRY
2007 LEXUS LS460 SOLD PRICE: $33,100 03/14/2011 MON FAAO LEASE MILEAGE: 46,702 COLOR: SMOKY GR
2007 LEXUS LS460 SOLD PRICE: $33,200 03/28/2011 MON MILWAUKE LEASE MILEAGE: 52,920 COLOR: GRAY
2007 LEXUS LS460 SOLD PRICE: $33,275 03/04/2011 FRI LAUD/MIA REGULAR MILEAGE: 57,453 COLOR: PEARL
2007 LEXUS LS460 SOLD PRICE: $33,500 03/11/2011 FRI MANHEIM REGULAR MILEAGE: 39,622 COLOR: GRAY
2007 LEXUS LS460 SOLD PRICE: $33,600 03/03/2011 THU HOBBY REGULAR MILEAGE: 37,533 COLOR: DK/BLUE
2007 LEXUS LS460 SOLD PRICE: $33,600 03/09/2011 WED W PALM LEASE MILEAGE: 45,310 COLOR: BLACK
2007 LEXUS LS460 SOLD PRICE: $33,600 03/09/2011 WED W PALM LEASE MILEAGE: 34,754 COLOR: DK/BLUE
2007 LEXUS LS460 SOLD PRICE: $33,750 03/30/2011 WED BAY CITI LEASE MILEAGE: 76,035 COLOR: STARFIRE
2007 LEXUS LS460 SOLD PRICE: $33,750 03/31/2011 THU MANHEIM LEASE MILEAGE: 33,064 COLOR: MERCURY
2007 LEXUS LS460 SOLD PRICE: $34,000 03/17/2011 THU NEVADA REGULAR MILEAGE: 37,342 COLOR: GOLD
2007 LEXUS LS460 SOLD PRICE: $34,100 03/14/2011 MON FAAO LEASE MILEAGE: 53,776 COLOR: WHITE
2007 LEXUS LS460 SOLD PRICE: $34,300 03/21/2011 MON FAAO LEASE MILEAGE: 54,603 COLOR: MERCURY
2007 LEXUS LS460 SOLD PRICE: $34,400 03/24/2011 THU ATLANTA REGULAR MILEAGE: 41,724 COLOR: WHITE
2007 LEXUS LS460 SOLD PRICE: $34,500 03/29/2011 TUE STATESVL REGULAR MILEAGE: 35,025 COLOR: BLUE
2007 LEXUS LS460 SOLD PRICE: $34,700 03/03/2011 THU HOBBY REGULAR MILEAGE: 58,505 COLOR: WHITE
2007 LEXUS LS460 SOLD PRICE: $34,700 03/28/2011 MON NASHVILL LEASE MILEAGE: 49,436 COLOR: GREEN
2007 LEXUS LS460 SOLD PRICE: $35,000 03/10/2011 THU RIVRSIDE REGULAR MILEAGE: 43,009 COLOR: SILVER
2007 LEXUS LS460 SOLD PRICE: $35,000 03/17/2011 THU NEVADA REGULAR MILEAGE: 37,555 COLOR: GRAY
2007 LEXUS LS460 SOLD PRICE: $35,000 03/29/2011 TUE STATESVL REGULAR MILEAGE: 37,082 COLOR: WHITE
2007 LEXUS LS460 SOLD PRICE: $35,100 03/17/2011 THU HOBBY REGULAR MILEAGE: 33,393 COLOR: GRAY
2007 LEXUS LS460 SOLD PRICE: $35,200 03/09/2011 WED W PALM LEASE MILEAGE: 45,552 COLOR: DK/GREY
2007 LEXUS LS460 SOLD PRICE: $35,400 03/02/2011 WED ATLANTA LEASE MILEAGE: 30,850 COLOR: OBSBLACK
2007 LEXUS LS460 SOLD PRICE: $36,200 03/02/2011 WED ATLANTA LEASE MILEAGE: 29,300 COLOR: BLKSAPPH
2007 LEXUS LS460 SOLD PRICE: $36,700 03/07/2011 MON GTR PHNX LEASE MILEAGE: 37,388 COLOR: BLACK
2007 LEXUS LS460 SOLD PRICE: $36,800 03/22/2011 TUE BIG H REGULAR MILEAGE: 23,866 COLOR: GRAY
2007 LEXUS LS460 SOLD PRICE: $36,800 03/30/2011 WED ATLANTA LEASE MILEAGE: 45,158 COLOR: STARFIRE
2007 LEXUS LS460 SOLD PRICE: $37,100 03/02/2011 WED GTR N.O. REGULAR MILEAGE: 29,021 COLOR: WHITE
2007 LEXUS LS460 SOLD PRICE: $37,400 03/09/2011 WED W PALM LEASE MILEAGE: 27,537 COLOR: WHITE
2007 LEXUS LS460 SOLD PRICE: $39,100 03/21/2011 MON MILWAUKE LEASE MILEAGE: 23,445 COLOR: DK GRAY
2007 LEXUS LS460 SOLD PRICE: $39,250 03/17/2011 THU MANHEIM REGULAR MILEAGE: 7,285 COLOR: FLINT

Cheers,
James

 

I have a question. On the list above it says "Sold Price." Does that mean these vehicles are already sold, or is that the price it is selling for?

 

That's what the dealers actually paid for them at the auction not including the auction fees paid to Manheim auction house. So if the dealers buys it for let's say $30K and then has another $1K in fees, reconditioning, shipping, etc. costs for a total of $31K in it -- then they'll probably try retailing it for $37K and look to get $34K - $35K for it. Of course many factors play a role so sometimes you never know what the dealer truly has in it. But in general these auction prices are what they actually paid for them.

If you have a reliable & trustworthy broker then maybe they'll charge just $500 fee and you get it for wholesale cost.

Cheers,
James

 

Ok, I got it. Thanks for the info!!

 

Sorry for the very basic questions, but does a broker bid on a car E Bay style? As for caveat emptor issues, how would you ensure that the car didn't have the wind leak problem?

 

Would anyone happen to have more recent Manheim sold prices?

Looking at 2010-2012 LS460L

Thanks guys

 

Today is 11/19/2014 -- can someone please post recent Manheim prices for the Lexus LS 460? Preferably 2010, 2011, 2012...
thanks