june

See listing #14.

Marty

flipside909

I hate to say this but that's still a problem with even 2011 models. The left drivers side corner of that armrest padding always wears down.

Sorry you have had so many issues with your LS. But its good to know they have some sort of resolution to your issue.

GinoC

iTrader: (2)

I'd say go for it. If it's having those problems, take the cash and grab a CPO off the market for less and pocket the remainder!

Using the car for 4 years and only losing 12k off the new price is not bad at all! Lol.






.

vipermann1

I had Cadillac perform a "Lemon Law" buyback on my 2007 Escalade, and I got much better terms. Can't discuss due to non-disclosure, but I will talk on phone with you if you would like. Anything for a CL member!!!!

1 - Are you using an Attorney?
2 - If you ar einterested in using a Attorney for the Lemon Law buy-back, please PM me and I will give you a great attorney in southern California. and I will also discuss my case as an example.

Thanks,
U

june

I PM you with my phone number, I would like to discuss my case with you.

Marty

june

I got an offer from Lexus to buy back my LS460. I decided to take the offer because it is more than I can get for the car if I try to sell it. I am waiting to be contacted by the “Impartial Services Group” (3rd party that Lexus uses to inspect the car), and make a report on the condition of the car.


I just received a updated buy back offer from Lexus. The repurchase price for my 2007, LS 460 is now $71,791.58 minus the mileage. I used, 23,165 miles. They calculated the Price I paid for the car, times the mileage I put on it, divided by 120,000 miles. They added in the Lexus Extra Care Warranty that I bought.

$64,000 x 23,165 miles / 120,000 miles = -$12,354.67 for a net buy back of $59,436.67.

I called the Lexus dealer and asked him to find me a 2009 or 2010 LS460.

Marty

Bushwack

Sounds like a fair deal to me. And that you want to purchase another Lexus makes it more of a win/win for both parties.

As for the California lemon law, ...stay away from that if you can. The headache involved going through that process plus your legal expenses will not outweigh the offer from Lexus presented to you.

CrazySC300

iTrader: (16)

What are some of the reasons as to why Lexus (or any other company) would want to buy a car back?

rominl

iTrader: (4)

there has been a few cases of ls460 buyback i read in the ls460 forum. one of the cars got engine problem and dealership couldn't repair it

june

I took my LS460 in for the VSR recall, and several TBIS’s. The results were that there is a slight hesitation in the acceleration.
They took the engine apart but had to take it apart a second time after the VSR was completed because they found a loose valve which they had to replace. They said I was losing combustion in one of the cylinders. That did not fix the hesitation, so they replaced the heads with new ones.
They said this corrected it.

Here is the kicker! My 2007 LS460 has only 23,165 miles on it.

I am very dissapointed in the quality of my car. Lexus is doing a fine job of handling the warranty work, but my problem is that all these items have gone bad on a Top-of-the Line Lexus with so few miles on it.

This car is supposed to be bullet proof. Did I get a lemon? They’ve had the car now for 23 days. Has any one had simmilar problems? Any comments would be appreciated, for example how to handle this with Lexus. I will be picking the car up on Saturday.


TBIS’s
Loose outside passenger mirror being replaced.
Noisey brake actuator. (on back order).
Center padded console armrest, needed more padding. (being replaced).
Replaced two motors in the drivers seat for the Lumbar assembly and Air Conditioning.
All 8 Control arms need new bushings, they where ripped, and the arm was almost rubbing on metal to metal. They replaced both sides front lower and upper control arms.

Thanks, Marty

GenuineKid

imho, you shouldn't be paying for mileage used. I only say this because, i just did a buy-back for my BMW 335i, and i didnt pay 1 cent. I got every single penny back. Especially for a 100k car, **** i wouldn't expect that. I put 11k miles on it.

june

I called Lexus and they said they where following the Ca. Lemon Law. I Googled the Lemon Law and they follow it to the penny. BMW must of did it out of good will.

Marty

archie

you should only pay for the mileage used before the first time you took the car in for the problem you are experiencing. i did this with a nissan product a few years back, but nissan didnt want to step up and it ended in a long 9 month battle in the court room. i ended up getting all my money back except for the first 475 miles i put on it before its first visit for warranty work. when the case ended i had more than 25k miles on the car.

i am sure if you call corporate and work something out with lexus toward a new car, they will be more than willing to work with you. good luck with your decision.

june

They did compute the mileage from the first time the car was taken in for these problems. They had it almost 60 days. We put on over 1,000 miles after they fix the LS, waiting for them to complete their paper work. If I don't here from them in the next few days I will call corporate. Its been two weeks since I excepted there offer.

Marty