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Too good to be true?

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Old Sep 20, 2022 | 02:28 PM
  #16  
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I wouldn't worry about mileage. it's low but some people have other cars they drive more. Got the performance package and looks clean. Have it inspected and checked out.

My 2020 has 400 miles on it since I bought it new.... Maybe 404? I can't remember specifically but it's not over that at the moment. I don't drive the car in the rain or bad weather, and it's more like a weekend here and there thing. To the same point I just picked up a 2016CT that has 69k miles on it. Some people drive all the time, while others use other stuff..lol

-Nigel
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Old Sep 20, 2022 | 07:35 PM
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Originally Posted by 05RollaXRS
If everything checks out then this is a smoking deal.
They agreed to a lexus pre-inspection. I checked out the car today. It looks brand new.
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Old Sep 20, 2022 | 07:46 PM
  #18  
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Originally Posted by michalsays
They agreed to a lexus pre-inspection. I checked out the car today. It looks brand new.
That crazy they have it so underpriced. Mine has 19k km and same specs and color. Blue book on it is much higher than $60k
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Old Sep 20, 2022 | 08:45 PM
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Seats will have some wear if they rolled back the mileage. Looks like a great deal to me, especially if you have a Lexus pre-inspection done.
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Old Sep 21, 2022 | 01:30 AM
  #20  
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There should have been at least 5 oil & filter changes done so far .. 1/yr.
Any way to verify if it came from Quebec (notorious for rollbacks).
The power train warranty expired or is about to expire..
May be time to ask Scotty for advice
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Old Sep 21, 2022 | 06:34 AM
  #21  
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Originally Posted by michalsays
They agreed to a lexus pre-inspection. I checked out the car today. It looks brand new.
Don't let that one go if it checks out and you're serious about an RC-F. You won't find that price again.
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Old Sep 23, 2022 | 09:32 AM
  #22  
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That car is a steal did you buy it?
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Old Sep 23, 2022 | 06:16 PM
  #23  
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When I was shopping in 2021 I had a guy selling his 1 owner, special order 14,000 miles with a platinum transferable Lexus warranty with 2 years on it. Got him down to $41,000 US dollars. Had all options . Just wasn't the color I wanted. I know prices rose since then, but the used car market is falling like a rock, almost 1% decline everyday since September began. So, it's a good price but not impossible.

I settled for a CPO for $36,500. Prices should return down to that as we approach December and since it is almost 2 years later.
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Old Sep 23, 2022 | 06:30 PM
  #24  
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This thread is for the Canadian market and RCFs even at the lowest never went below mid-50s since 2016 for the standard LSD/moonroof/10 spoke and low-60s minimum for the CF/TVD with decent mileage. Mine with very low miles had always be valuated at higher than what I paid in 2017. Right now the market is much higher than those rock bottom prices so $60k for a CF/TVD RCF with very low mileage 4000 km and $100k original MSRP is dirt cheap here considering everything else in the market. I still am suspicious of this deal as something does not add up.
​​​
​​​​​Regarding the future, I can bet RCF might never go into the 50s CAD here again unless they are beaten up, high mileage and multi owner ones in the Canadian market would stay in the 60s at a minimum because they are so rare and especially the low mileage ones as they are not daily driven and only in spring/summer

​​​​​

Originally Posted by DenSmith
When I was shopping in 2021 I had a guy selling his 1 owner, special order 14,000 miles with a platinum transferable Lexus warranty with 2 years on it. Got him down to $41,000 US dollars. Had all options . Just wasn't the color I wanted. I know prices rose since then, but the used car market is falling like a rock, almost 1% decline everyday since September began. So, it's a good price but not impossible.

I settled for a CPO for $36,500. Prices should return down to that as we approach December and since it is almost 2 years later.

Last edited by 05RollaXRS; Sep 23, 2022 at 10:42 PM.
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Old Sep 23, 2022 | 07:40 PM
  #25  
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Originally Posted by RandallNYC
That car is a steal did you buy it?
If the Lexus pre-inspection goes through on Monday with no issues, it's mine
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Old Sep 23, 2022 | 08:23 PM
  #26  
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Originally Posted by michalsays
If the Lexus pre-inspection goes through on Monday with no issues, it's mine
Hope everything checks out. If that’s equivalent to $45k USD that’s one heck of a deal in todays market, especially with those miles and condition.
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Old Sep 23, 2022 | 10:01 PM
  #27  
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Too Good to be true?, well lets read some fineprint shall we? (lol)

1. From Dealer website: https://www.northyorkchrysler.ca/
Disclaimer
".... .. blah blah ..... "
"Dealer reserves the right to decline cash purchases (cash, bank draft, certified cheque, credit card payments in excess of $2,000) at its sole and exclusive discretion."
"To prevent exports and non-retail purchases, cash sales are restricted to local customers residing within 8 KMS of the dealership." (LOL)
"Maximum finance terms in 2022 are based on the year of the vehicle as follows: 2021-2023 96 months, 2018-2020 84 months, 2017 72 months, 2016 60 months, 2015 48 months, 2014 36 months."
"For Finance and Lease purchases Dealer charges a $600 finance/lease fee."

2. From the Dealer AD:https://www.northyorkchrysler.ca/veh...,asc&view=grid
Finance rate is 8% ..all terms (LOL)

and finally
3. Read the Yelp reviews on this dealership: https://www.yelp.ca/biz/carhub-north...sler-thornhill
and have a good laugh

In Summary, unless you live within 5miles of the dealership (which is revocable) its 8% financing plus $600 fee.
Our used RCFs have NOT lost any value.

PS to the buyer..I will lend you at 5% (LOL), assuming you don't work for the dealer and all of a sudden decided to create a profile.

Last edited by corolla6mt; Sep 23, 2022 at 10:12 PM.
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Old Sep 23, 2022 | 10:25 PM
  #28  
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Originally Posted by michalsays
Long term lurker on this forum. I've finally decided to make a profile

I saw this on Autotrader Canada: https://www.autotrader.ca/a/lexus/rc...6_6_6&sprx=100

I believe it had three previous owners. It has a clean Carfax but no service records.

I'm a bit sceptical on the mileage given it is a 2016 and worried it might be clocked.

The price is really good however it is not Lexus CPO which I was considering asking the dealer to consider doing even though they do their own ''pre-inspection''.

Sounds too good to be true?
After reading this starter thread about 5 times, you seem to be the seller, not the buyer
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Old Sep 23, 2022 | 10:40 PM
  #29  
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That is some surprising revelation (but, making sense given the price). They are pricing the car lower than the market value and then forcing customers to finance the car at a very high interest rate and putting a lot of restrictions on all-cash offers (8 km radius). That is why it is priced so low so that they could drag the customer into an 8% finance.

Originally Posted by corolla6mt
Too Good to be true?, well lets read some fineprint shall we? (lol)

1. From Dealer website: https://www.northyorkchrysler.ca/
Disclaimer
".... .. blah blah ..... "
"Dealer reserves the right to decline cash purchases (cash, bank draft, certified cheque, credit card payments in excess of $2,000) at its sole and exclusive discretion."
"To prevent exports and non-retail purchases, cash sales are restricted to local customers residing within 8 KMS of the dealership." (LOL)
"Maximum finance terms in 2022 are based on the year of the vehicle as follows: 2021-2023 96 months, 2018-2020 84 months, 2017 72 months, 2016 60 months, 2015 48 months, 2014 36 months."
"For Finance and Lease purchases Dealer charges a $600 finance/lease fee."

2. From the Dealer AD:https://www.northyorkchrysler.ca/veh...,asc&view=grid
Finance rate is 8% ..all terms (LOL)

and finally
3. Read the Yelp reviews on this dealership: https://www.yelp.ca/biz/carhub-north...sler-thornhill
and have a good laugh

In Summary, unless you live within 5miles of the dealership (which is revocable) its 8% financing plus $600 fee.
Our used RCFs have NOT lost any value.

PS to the buyer..I will lend you at 5% (LOL), assuming you don't work for the dealer and all of a sudden decided to create a profile.
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Old Sep 23, 2022 | 10:53 PM
  #30  
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Originally Posted by 05RollaXRS
That is some surprising revelation (but, making sense given the price). They are pricing the car lower than the market value and then forcing customers to finance the car at a very high interest rate and putting a lot of restrictions on all-cash offers (8 km radius). That is why it is priced so low so that they could drag the customer into an 8% finance.
"Too Good To Be True" is a SALES pitch, not a question IMO
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