http://touch.lexusstevenscreekmobile...448&id=3T02117
So I am in the market for a 460L. I found one local with all the options except adjustable rear seat. I was offered $53k otd. What do you guys think? I walked out and wanted to pay under $50k. Car has roughly 48k miles and is a CPO.

 

53 seems a bit high, but I would use searches that compare market value. I think cargurus is one. It will tell you if its a good, fair, or bad deal

 

These are better deals

http://www.ebay.com/itm/Lexus-LS-LS460L-2012-lexus-ls-460-l-sedan-4-door-4-6-l-/331007152581?forcerrptr=true&hash=item4d119051c5&item=331007152581&pt=US_Cars_Trucks
http://www.ebay.com/itm/Lexus-LS-L-Certified-with-Navi-Lexus-LS-460-L-Manufacturer-Certified-3yr-100k-mile-warranty-/130972933557?forcerrptr=true&hash=item1e7e985db5&item=130972933557&pt=US_Cars_Trucks

 

LWB are hard to find, let along to find one with this many options to compare. Like I said it has everything except reclining rear seat.

 

I have a 2012 460L with the same options as this car. It's sticker price was $84K. If this was a 3 year lease return the buyout must have been around $42 - $44K. The dealer would have spent some money to certify it. You should be able to knock a few thousand off their asking price.

However a 460L with that color and options is rather tough to find and someone else might snap it up.

Good luck!

 

Looks like they just dropped the price to $49K, go buy it!

 

Yea so I'm now debating between this or an 08' 600hl for the same price with 43k miles with every option available.

 

(In my big voice) GO WITH THE 600 YOU WON'T REGRET IT!!!!!!!!! LOL

 

I've been in the market for a 10' 460L for like 2 months now and am already getting impatient waiting on exactly what I want! it is so hard waiting....I'm also looking for something under 50K, under 50K in miles and CPO.....

 

Some quick numbers a friend of mine just gave me since I was also curious about my next move:

Manheim Internet MMR pricing (high/low) averages are as follows..again, these are recent auction averages and not retail prices. Many brokers will charge usually $500 to $1K over auction for their trouble..just a tip if you want to avoid the stealerships

2007 LS460 SWB - 39 sales averaging $23K with 96K miles
2007 LS460 LWB - 11 sales averaging $25K with 91K miles

2008 LS460 SWB - 28 sales averaging $27K with 79K miles
2008 LS460 LWB - 6 sales averaging $27.9 with 92K miles

2009 LS460 SWB - 9 sales averaging $29.5 with 55K miles
2009 LS460 LWB - 24 sales averaging $37.2 with 60K miles

2010 LS460 SWB - 12 sales averaging $36.4 with 40K miles
2010 LS460 LWB - 6 sales averaging $39.6 with 49K miles

2011 LS460 SWB - 6 sales averaging $43.5 with 31K miles
2011 LS460 LWB - 7 sales averaging $47.2 with 25K miles

2012 LS460 SWB - 6 sales averaging $50.5 with 22K miles
2012 LS460 LWB - 8 sales averaging $55.4 with 12K miles

As a bonus:
2009 LS600hL (Hybrid) - 5 sales averaging $41.2 with 62K miles

 

i'll give you my honest opinion but in the end you'll want what you want.
i got my 07 ls460l with every option including rear seat package with cpo at 48k miles for $41,000
if a low mileage ls is what your looking for i'd rather save 10k and go with a later year. if i knew how trouble free this car has been so far i would have gone with a higher mileage and save 10k. when people say these cars run forever i believe it.