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

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Old 07-18-16, 09:47 AM
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dimapb
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Default Looking for advice

I'm thinking about selling my 2008 LS460L and was wondering if you guys could offer some guidance. It has 83K miles on it and has been maintained at the dealer. It has all of the recalls done. Replaced all 4 struts about 2 years ago. The prices for these are all over the place, ranging from 18K to 25K.
It's black/black. The car is stock. Only mods it has are the 20% tinted windows and Navi Override.
Please let me know what you think I should ask for it.
Thank you
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Old 07-18-16, 09:53 AM
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litesoarer
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17-19K seems fair.

18-25 is retail.
Old 07-18-16, 09:56 AM
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dimapb
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Originally Posted by litesoarer
17-19K seems fair.

18-25 is retail.
Really? Wow. 17 is an auction price. I was hoping I can do better than that. Thanks
Old 07-18-16, 10:06 AM
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litesoarer
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Originally Posted by dimapb
Really? Wow. 17 is an auction price. I was hoping I can do better than that. Thanks
Just depends how much of a hurry you are in. 17 will sell it quick, push for 20 and you might be waiting for a while.

Go get a Carmax quote.
Old 07-18-16, 02:35 PM
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rld14
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PM Me the VIN and I'll back into a realistic retail #.

I get $17-18K all day long for higher mileage '08 SWBs with rather basic equipment.
Old 07-18-16, 03:05 PM
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dimapb
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Originally Posted by rld14
PM Me the VIN and I'll back into a realistic retail #.

I get $17-18K all day long for higher mileage '08 SWBs with rather basic equipment.
PM sent. Thank you
Old 07-18-16, 03:13 PM
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islandbeef
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Originally Posted by litesoarer
Just depends how much of a hurry you are in. 17 will sell it quick, push for 20 and you might be waiting for a while.

Go get a Carmax quote.
+1

A Carmax quote is very close to the going auction price. A dealership will typically tack on another 5 grand on top of that, to make a buck.
Old 07-18-16, 03:16 PM
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Ehh... Wholesale on this car is really in the 18-19 range and retail 22-23K private party.
Old 07-18-16, 08:49 PM
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CJITTY
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Take it to enterprise car sales. .they guarantee kbb trade in value if you want no hassle. Get a carmax quote first but I'm 97% sure carmax will disappoint you
Old 07-19-16, 08:14 AM
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dimapb
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Thank you all for your feedback. I have an appointment tomorrow evening with a company that accepts KBB offers. My car was appraised by KBB at $21.4. Will keep you posted.
Old 07-19-16, 09:49 AM
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DarKnight
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Are you replacing it with another? If so, what vehicle?
Old 07-19-16, 10:06 AM
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dimapb
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Originally Posted by DarKnight
Are you replacing it with another? If so, what vehicle?
I've decided to switch to BMW for the next 3 years. I'm going with 2016 750i xDrive. The technology in the BWM is decades ahead of Lexus and the drive was amazing. I don't think it's going to be as reliable as my LS460 has been, however; all service and maintenance is covered by BMW for the next 4 years. I'm going with a 3 years lease, so I'm covered. Will see what Lexus comes out with in the next 3 years, so I might be back.
Old 07-19-16, 02:23 PM
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dlbuckls10
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The 750i is an amazing automobile and technology galore. You will be well covered for four years. I can't wait to see what technology and features the next generation LS will have to offer and Lexus continues to keep us in the dark. Time should tell.
Old 07-19-16, 02:35 PM
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seanl
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Originally Posted by dlbuckls10
The 750i is an amazing automobile and technology galore. You will be well covered for four years. I can't wait to see what technology and features the next generation LS will have to offer and Lexus continues to keep us in the dark. Time should tell.
It is certainly an amazing vehicle, and as long as it's covered under a bumper to bumper warranty the plethora of TSBs, recalls, and repairs will be covered. New or lease is the way to go with BMW.

But it's not a car I'd want to own when it's 5 or 10 years old

The next Gen LS looks to be promising in cutting edge tech if that's a key buying criteria.

Dimapb,
Good luck with the sale of your LS, I'm sure you'll move it quickly once you figure out the pricing.
Old 07-19-16, 02:41 PM
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If you're not keeping the 750 long term, go for it. All those bells and whistles go bad right before the warranty lapses, draining your wallet.

Speaking from experience with a 7 Series.
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