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LS - 4th Gen (2007-2017) Discussion topics related to the current flagship models LS460, LS460L and LS600H

Price check: 2011 CPO LS460L

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Old May 7, 2016 | 07:56 AM
  #1  
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Default Price check: 2011 CPO LS460L

Just under 60k miles, CPO, LWB. $34k before tax, tag, etc. Price was just dropped $3k. I have to act pretty fast as the car has been on the lot 55 days and they auction it off at 60 days.

Any thoughts? I have read enough forums on here to understand the fundamental differences of the LWB vs standard length- only concern is air suspension on the LWB wearing out as the car ages and I know it's an expensive repair. I have an LX570 as well and remember thinking through the air suspension before buying it.

I don't really need the LWB, but if it offers a smoother ride due to the added length it would be an added bonus. I'm coming from an '04 LS430 so the standard length or the LWB will be a nice upgrade for me. Honestly my only requirement in the next LS is keyless/push start and Levinson. Just trying to figure out if the L is worth the added price (and not sure at this point how much more I'm paying for LWB). Buying one CPO is somewhat important to me as well.

Thanks for any tips.
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Old May 7, 2016 | 08:15 AM
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Price is in the "ball park" and you can most likely "chisel" some more $$$$ off that price since it has been sitting this long and do the deal today........ Being a CPO you will be covered on repairs if anything creeps up.
Do your homework on the cars history and see what has been done to the car....... Ask a lot of questions!
BTW! The LWB is a great ride!
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Old May 7, 2016 | 10:54 AM
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What equipment? Feel free to PM me the VIN and I can email you a vspec on the car and check service history.

Price seems... eh... not terrible but not a steal. $37K for a 60K mile LS460L is why they had it for 55 days, $34K is probably around market correct for that car.

I would suggest offering $32k. If you like the car, test drive, etc say "$32,000 and I take it home right now". Then shut up and let them make the next move
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Old May 7, 2016 | 04:05 PM
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Auction price for that car is about $30K. Plus you'll pay $400 auction fee and dealer fee $500. CPO cost about $2000. So you'd buy a car for about $1000 over Manheim price. Not a bad deal.
FYI - I just bought 2010 SWB 460 CPO with 53K miles for $29,5K.

Last edited by aeggroup; May 7, 2016 at 05:00 PM.
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