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FYI... Recent Wholesale Auction Prices
FYI... Recent Wholesale Auction Prices
I'm thinking about purchasing a LS460 under 50K miles so getting acclimated with the prices. This may help others in my shoes. It's the recent wholesale prices even though my plans are to purchase from a private owner with perfect service records and no stories on his LS460.
Attachment: JamesHuang_Club_Lexus_March_3_2011.xls
It's sorted by price descending with filters so you can narrow down on the mileage range.
Hope it helps!
Cheers,
James
Attachment: JamesHuang_Club_Lexus_March_3_2011.xls
It's sorted by price descending with filters so you can narrow down on the mileage range.
Hope it helps!
Cheers,
James
Yes indeed sir. Only a baseline as you pointed out since the overall condition, service history, lingering maintenance concerns, etc. are extremely crucial when buying a used LS.
We aren't after all dealing with $2000 Ford's.
And of course I live by the motto if it's too good to be true...
Cheers,
James
We aren't after all dealing with $2000 Ford's.
And of course I live by the motto if it's too good to be true...
Cheers,
James
By the way if anyone has any other cars they won't wholesale prices on then please send me a PM.
I'm an engineer so it does get busy here at the firm but will do my best do get back to folks on a timely manner.
Cheers,
James
I'm an engineer so it does get busy here at the firm but will do my best do get back to folks on a timely manner.
Cheers,
James
Driver School Candidate
Joined: Feb 2011
Posts: 37
Likes: 0
From: Texas
if these prices are wholesale auction prices then there does not seem to be much of a mark-up to me? I figured at least 5-9k mark-up. According these numbers I got my car 08 460L loaded except executive pckge for 2k more than wholesale....and it is a CPO???
Doesn't make sense, dealers can stay in business like this.
Doesn't make sense, dealers can stay in business like this.
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Glad it's helpful. Just a quick word of caution. Please take these prices with a grain of salt. They portray very bare bones details of the Lexus e.g. year, mileage, price, color. It's lacking vital information such as options, condition report, etc.
But yes as a mere baseline it's handy to gauge the current market.
Cheers,
James
But yes as a mere baseline it's handy to gauge the current market.
Cheers,
James
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Lexus Test Driver
Joined: Jan 2003
Posts: 5,023
Likes: 530
From: Maryland
if these prices are wholesale auction prices then there does not seem to be much of a mark-up to me? I figured at least 5-9k mark-up. According these numbers I got my car 08 460L loaded except executive pckge for 2k more than wholesale....and it is a CPO???
Doesn't make sense, dealers can stay in business like this.
Doesn't make sense, dealers can stay in business like this.
Driver School Candidate
Joined: Feb 2011
Posts: 19
Likes: 0
From: Nevada
this list actually makes me feel pretty good. i just bought mine in january CPO, 2008 LS460L with 47k miles and paid $42k, they had just dropped the price from $52k the week before...way too much, but i thought 42 seemed fair. they wouldnt go any lower and claimed they were losing money (yeah right), but hey, maybe they were
Driver
Joined: Apr 2009
Posts: 106
Likes: 0
From: Texas
Pricing
Thanks, I just today looked at one of the cars on the list, color and mileage same. I rushed over to look at this 2010 low mileage car they were asking $61,950 for. Drove great, interior perfect, exterior Swirl marks, scratches, small hail dents. To bad, I'll pass on this one.
Private party will not sell less then or close to wholesale .... plus now in IL you have to pay taxes on what the car is worth regardless of bill of sale
I can look up prices for wholesale if needed
I can look up prices for wholesale if needed
Driver School Candidate
Joined: Mar 2011
Posts: 1
Likes: 0
From: TX
Thanks, Luxotic - what would you find wholesale to be on a clean grade 2010 460L (8000 miles) with options like ML, luxury pkg (semi-aniline leather and power side sunshades), and 19" 5-spoke whls, please?
The car does not have other options such as any rear seat upgrades or APCS.
The car does not have other options such as any rear seat upgrades or APCS.