Prices on used 2008-2011 Lx's dropped like rocks
#1
Racer
Thread Starter
Prices on used 2008-2011 Lx's dropped like rocks
amazing! on ebay, you can get can a used lx with under 30K for about $50-60 grand! wow. maybe will get rid on my gx and get an LX!
#4
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iTrader: (4)
demand of the lx in the US is mainly driven by the demand overseas in middle east, russia, etc... a lot of these used lx here in the US are bought and exported out right the way. that's what drive/drove the high resale. the pure demand of domestic market is nothing out of norm.
#6
Last month I bought a 2010 lease return with 30,000 miles for $55MM. That's only depreciation of 30% off the original sticker of $80M. In service date was 11/09, so close to 3 years old. That's pretty light depreciation. Don't some new vehicles lose 20 to 30% as they drive off the lot?
#7
demand of the lx in the US is mainly driven by the demand overseas in middle east, russia, etc... a lot of these used lx here in the US are bought and exported out right the way. that's what drive/drove the high resale. the pure demand of domestic market is nothing out of norm.
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#8
Racer
Thread Starter
Last month I bought a 2010 lease return with 30,000 miles for $55MM. That's only depreciation of 30% off the original sticker of $80M. In service date was 11/09, so close to 3 years old. That's pretty light depreciation. Don't some new vehicles lose 20 to 30% as they drive off the lot?
#10
The 570 was not as well received in those countries, that's the reason of the tapering off demand. The 470 pricing remained strong, and it has become difficult to find any on the North American market.
#11
Driver School Candidate
Prices of LX are still in High demand......
I just got a Black/Tan LX570 2011 for $64,500 in Houston area, loaded with RES, Mark Levinson, Remote start, upgraded leather. Miles was 14,300 miles 1 year 2 months in service
I think that is a great deal..........
I just got a Black/Tan LX570 2011 for $64,500 in Houston area, loaded with RES, Mark Levinson, Remote start, upgraded leather. Miles was 14,300 miles 1 year 2 months in service
I think that is a great deal..........
#12
Sounds like it and I bet you looked for quite sometime before you found it. Congratulations!
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