Good evening gentlemen. Solicited some purchase advise from this forum last week on a 2010, have now put a deposit on a 2008 460L with 45K on the clock.

https://www.lexusofnaples.com/invent...l46f185021428/

It doesn't appear the control arms or brake actuator has been done, and no issues addressed with the air suspension...........yet. All the "sticky" door panels and interior trim pieces have been replaced, the car looks to be in outstanding condition however I'm not seeing it in person until next weekend.

I'm not usually an extended warranty kind of guy, but would one make sense in this case? Will the dealer have one available from Lexus? Any particular company that would be recommended? Fair price for one?

 

Check with you Lexus dealer service department and ask them what is available.

 

What would you say would be a good price for that particular vehicle? I've been scanning dealerships within a pretty wide radius, autotrader, cargurus, capital one's auto navigator deal, autotempest, and carmax. Carmax just seems high. It doesn't seem so easy to come across a single-owner, well-maintained, low mileage example in that 08-2012 range in the colors/wheel combo that I'm after. If I'm overpaying by $1500 or even $2000 then I'm not too bothered because I plan on keeping on this car for a very long time.

I'll admit I'm not up to speed on the different packages.

 

Looks to me like the car is gone.

 

I placed a deposit on it a couple days ago, but yea, don't see it on the web-site anymore...........how do they expect me to keep staring at it and continuing to talk myself into it??

 

The leather is different for 2010+?

 

Ok, got it. What is reasonable for a 2010 with mileage under about 60K? Generally speaking, are the lexus dealers in general going to have some of the best vehicles?

And back to extended warranty consideration, does having a 2010-2012 lower the risk significantly of being hit with significant repair bills?

 

Head to cars.com and enter the specs you want. Put in nationwide for distance from your zip. Only buy from reputable dealers. Take a look at the CARFAX. Most offer it for free. Look at the Lexus drivers site and enter the vin. See what service has been done and any issues. Maybe you can get lucky and control arms were done. See how long the car has been listed. When you find a few that meet your criteria, contact them and see what you can find out about the car. Make your best deal and hire someone to inspect the car. You can have it shipped to you. Call your local Lexus if you want and ask them if they offer an extended warranty.

 

Gotcha. I think I just need to be more patient

 

When you do settle on an LS460, and to answer your original question, I'd recommend you check into getting a warranty from CNA. They are a reputable nationwide warranty provider, and get good reviews on this site. I purchased one from them for my 2010 LS600hL. My car had 66k miles when I got it last year, and I was able to get a 6 year warranty for $2900 or so. My warranty will cover all the problem spots (control arms, brake actuator, M/L Amp, even the hybrid batteries! I now have 75k miles and haven't had a need for the warranty, but I think it will pay off at some point in the next 5 years, and it does provide nice peace of mind.

I do recommend patience in your search. The prices are definitely dropping pretty quickly on the 2008-2012 LS's, and there are likely a lot of very nice low-mileage examples that will hit the market over the coming months at a bargain price. I honestly think you can't find a better overall value for a used luxury car these days! If you really want to have some fun, check out an LS600hL if you can find one! They generally have nearly every available option and are the "best of the best" from Lexus! If you get a CNA warranty, you'll lose your fear of hybrid battery failure and will enjoy the amazing quietness and torque of the LS600hL!

 

Thanks so much for your input, especially the warranty info. Yea, I don't think I can justify that particular car in Naples. 2008 L, single owner, 45K miles, florida car, all the door panels, console, other trim has been replaced but yea, at $19,600 plus the deal fee (tip), plus tax, tag, title, + another $2,500 or whatever for extended warranty all adds up to relatively non-justifiable. Which, I know some of you guys told me that several days ago, I was just in denial. I could take the sales tax $ alone and give my 2003 BMW 540i M-Tech a little loving and make it more enjoyable while I continue to look. And oh yea, get my Lexus fix from my wife's 2008 GX

 

I would consider looking for at least a 2011 or 2012 if you're wanting to stay in that 07-12 car model. Otherwise, I'd recommend looking for a 2013 or 2014 for a bit more money and a lot more tech. As for warranty, I've mentioned this elsewhere, but I went to my Lexus Dealer once I got the car delivered to me. They hooked me up with a product called CustomEdge. Haven't had the need to use it yet, but it's pretty extensive coverage, reasonable price, and Lexus honors it.