LS460 Values Nosediving
Intermediate
Joined: Jan 2017
Posts: 314
Likes: 72
From: Ilinois
No, your car value hasn't increased. If anything, it's gone way down. Just because used car asking prices have gone up, that doesn't mean dealers are getting those prices. They're just preying on society in very uncertain times.
Take your car in and ask for a trade in value. Then cry all the way home!
As for the guy who claims he was offered $45,000 for a 2011............. internet troll.
Take your car in and ask for a trade in value. Then cry all the way home!
As for the guy who claims he was offered $45,000 for a 2011............. internet troll.
Lexus Fanatic
Joined: Feb 2005
Posts: 12,269
Likes: 296
From: ------
I have a Lexus 2011 LS 460 L AWD with 30,464 miles on it and it was always serviced at the Lexus dealer. Last week I was offered $45,000 for it and said no thank you
This car is in mint condition so where could I get such a dependable car with classic looks for under $80,000 (mine cost $87,000) the BMW was $126,000
The oil was replaced every 3,000 miles, engine coolant replaced 2 years ahead of schedule and all 4 all-weather tires also replaced two weeks ago.
The reason for such low mileage is the LS is my winter and bad weather car as it is dependable and handles snow easily
On the other side of the coin, I have a 2016 BMW 750 I X drive M sport package which is a great car in dry weather and on long-distance driving with all the bells and whistles. If Lexus did not change the grill I would have bought my 4th Lexus instead of the BMW
This car is in mint condition so where could I get such a dependable car with classic looks for under $80,000 (mine cost $87,000) the BMW was $126,000
The oil was replaced every 3,000 miles, engine coolant replaced 2 years ahead of schedule and all 4 all-weather tires also replaced two weeks ago.
The reason for such low mileage is the LS is my winter and bad weather car as it is dependable and handles snow easily
On the other side of the coin, I have a 2016 BMW 750 I X drive M sport package which is a great car in dry weather and on long-distance driving with all the bells and whistles. If Lexus did not change the grill I would have bought my 4th Lexus instead of the BMW
Intermediate
Joined: Jan 2017
Posts: 314
Likes: 72
From: Ilinois
Racer
Joined: Feb 2017
Posts: 1,345
Likes: 215
From: North Carolina
Pole Position
Joined: Jun 2018
Posts: 2,415
Likes: 217
From: Ontario
Pole Position
Joined: Nov 2018
Posts: 314
Likes: 57
From: IL
No, your car value hasn't increased. If anything, it's gone way down. Just because used car asking prices have gone up, that doesn't mean dealers are getting those prices. They're just preying on society in very uncertain times.
Take your car in and ask for a trade in value. Then cry all the way home!
As for the guy who claims he was offered $45,000 for a 2011............. internet troll.
Take your car in and ask for a trade in value. Then cry all the way home!
As for the guy who claims he was offered $45,000 for a 2011............. internet troll.
Intermediate
Joined: Jan 2017
Posts: 314
Likes: 72
From: Ilinois
I have never traded in a car for an obvious reason, everybody can sell a car today by itself if he/her prices the car right, I always sell my cars using Autotrader and I always buy cars from OEM dealers, never had any problem. Every dealer will gladly take a car on trade (for way less than the car is worth) they’re in the business to make money and when they take cars in they make money twice.....
Pole Position
Joined: Jul 2010
Posts: 208
Likes: 26
From: AR
I bought a super clean 2016 LS460 with 45k miles. It has all options except air ride and climate control in the back for $34k back in July. The local Lexus dealer has been offering me around $31k to trade in and Vroom offered $33k but I wouldn't interest in another car. Used car values are going up in the last few months.
