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Good price points for 2011?

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Old Jun 15, 2012 | 08:48 AM
  #1  
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leftygolf
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Default Good price points for 2011?

Im just starting my search for a 2011 AWD 350 and trying to stay under 20,000 miles.

For those you who are more familiar with the used Lexus market, whats a good price for these?
Ive been seeing prices anywhere from $36-39k.

Thoughts? Thanks for your help!
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Old Jun 18, 2012 | 02:49 PM
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Originally Posted by leftygolf
Im just starting my search for a 2011 AWD 350 and trying to stay under 20,000 miles.

For those you who are more familiar with the used Lexus market, whats a good price for these?
Ive been seeing prices anywhere from $36-39k.

Thoughts? Thanks for your help!

Assuming a cpo and without NAV, that is about right based on Prestige Lexus.
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Old Jun 18, 2012 | 03:02 PM
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If you need CPO, you'll pay more for two reasons: one, you'll be buying through the Lexus dealer and they'll charge a premium for that privelege, mainly sales commissions and dealer overhead, and two, the cost to the dealer and Lexus has to be added in for the replacement of items like tires and parts to bring it up to CPO standards and the cost of the warranty of 3 years, 50,000 total miles.

If you buy from a third party, you'll buy for less but you'll assume more risk.

Run the numbers, and see what works best for you.
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Old Jun 18, 2012 | 03:02 PM
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I disagree.. The 36-39k should have navigation and then some.
Yu cant go over the base price considering we have 2012 and 2013 already.
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Old Jun 18, 2012 | 10:19 PM
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Originally Posted by markrivers
I disagree.. The 36-39k should have navigation and then some.
Yu cant go over the base price considering we have 2012 and 2013 already.
I agree, it should have nav but the dealers here were asking 37-39k for a 2010 CPO two months ago. I guess u should be able to do $37,000 for a 2011.
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Old Jun 19, 2012 | 06:00 AM
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I was going to get a 2010 cpo, too, but, given a 2013 RX just came out and no substantial price difference, I think going for a $36-39 cpo does not make a sense at all. If financing, a discounted 2012 RX would be a much better choice in my humble eyes.
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