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2013-2016 LS460L manheim prices

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Old 09-18-17, 07:04 AM
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Ascari_2
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Default 2013-2016 LS460L manheim prices

Hi all,

Does anyone have any info on the recent manheim prices for a 2013-2016 LS460L? Seems a bit hard to figure a true market value with there being a relatively large price gap between what most dealers are asking and the average of KBB/NADA/Edmunds suggested retail. So either the profit margin is huge or there is a lot of wiggle room in the asking price.

Thanks
-Y
Old 09-18-17, 02:28 PM
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teedub21
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I was looking to buy another GMC 1500 truck a couple months ago and while my 2011 loaded LS has a KBB trade value of $24k the sales manager (who I know) told me manheim was about $21k for my car and thats all they'd offer me. Seemed pretty low to me and pretty sure I could sell my car on my own for $26-$27K so I passed.
Old 09-18-17, 08:29 PM
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Wandl
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Originally Posted by Ascari_2
Hi all,

Does anyone have any info on the recent manheim prices for a 2013-2016 LS460L? Seems a bit hard to figure a true market value with there being a relatively large price gap between what most dealers are asking and the average of KBB/NADA/Edmunds suggested retail. So either the profit margin is huge or there is a lot of wiggle room in the asking price.

Thanks
-Y
Look up https://auctionxm.com/bu/search?se_s...earch_submit=y it isn't as solid as manheim but, given its free, gives you a "good enough" view.
Old 09-02-18, 05:49 PM
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drkbrent2
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Manheim prices are typically about $1,500 less than the lowest KBB.com prices for a ‘Private Party’ seller. A dealer usually gets about $2,000 more than a private party.
Old 09-02-18, 07:21 PM
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TexasTea
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Originally Posted by Ascari_2
Hi all,

Does anyone have any info on the recent manheim prices for a 2013-2016 LS460L? Seems a bit hard to figure a true market value with there being a relatively large price gap between what most dealers are asking and the average of KBB/NADA/Edmunds suggested retail. So either the profit margin is huge or there is a lot of wiggle room in the asking price.

Thanks
-Y

Something to keep in mind about used car prices is that it is quite a rigged racket owned by *** Enterprises.

*** Enterprises, Inc. is a privately held American conglomerate based in Atlanta. *** is also a communications and automotive services company. The company owns newspapers, television stations, radio stations (all three being owned by *** Media Group), *** Communications, Manheim Auctions, AutoTrader.com, Kelley Blue Book, Savings.com and Valpak.
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Old 09-04-18, 01:16 PM
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sktn77a
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Originally Posted by teedub21
I was looking to buy another GMC 1500 truck a couple months ago and while my 2011 loaded LS has a KBB trade value of $24k the sales manager (who I know) told me manheim was about $21k for my car and thats all they'd offer me. Seemed pretty low to me and pretty sure I could sell my car on my own for $26-$27K so I passed.
Well, that's what they all say until you sit down with an open check book and start haggling!
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