2007 Used Prices
#2
Yeah, does anyone have the report?
Speaking of pricing, I have a related question, hope you don't mind I'm posting it here.
2007 ES 350 Ultra Luxury, 70,000 miles non certified, price at $22,000. Tires about 50% left, clean carfax, good service record. Is that a good deal? How much do you think I can go lower?
Speaking of pricing, I have a related question, hope you don't mind I'm posting it here.
2007 ES 350 Ultra Luxury, 70,000 miles non certified, price at $22,000. Tires about 50% left, clean carfax, good service record. Is that a good deal? How much do you think I can go lower?
#4
Yeah, does anyone have the report?
Speaking of pricing, I have a related question, hope you don't mind I'm posting it here.
2007 ES 350 Ultra Luxury, 70,000 miles non certified, price at $22,000. Tires about 50% left, clean carfax, good service record. Is that a good deal? How much do you think I can go lower?
Speaking of pricing, I have a related question, hope you don't mind I'm posting it here.
2007 ES 350 Ultra Luxury, 70,000 miles non certified, price at $22,000. Tires about 50% left, clean carfax, good service record. Is that a good deal? How much do you think I can go lower?
#5
#6
How is your UL driving? Still as good as day one? Seeing any problems?
#7
Driver School Candidate
Join Date: Nov 2009
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For some perspective, I bought my '07 ES 350 (with Nav, but not Ultra Lux) at 48,000 mi for $22,900 from a reputable Toyota dealership in MD about three months ago. I thought it was a great deal.
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#8
Mind if I ask if you got in brand new? If so, how much it was for? KBB's residual value after a 3-year lease is 53%, but of course, this vehicle is anything but average 12-15K miles per year. I'm thinking $22K is a bit high given the mileage it has.
How is your UL driving? Still as good as day one? Seeing any problems?
How is your UL driving? Still as good as day one? Seeing any problems?
Now, for the UPDATE!!! I actually went to a Lexus dealer, an Acura dealer, and Carmax today and had my car appraised at all 3 places.
Carmax $19K
Acura and Lexus $20K
Funny how at Carmax, they had my exact same car on their lot, same color, same year, same interior color, but 54K miles instead of my 56K miles and they are asking $27,998 for it. I asked the guy why there is such a difference. He said it is because of the recent Toyota news, they are not moving Toyota/Lexus units. Customers are buying Hondas. Basically, he told me he doesn't want the car.
Oh, and the Lexus dealer...he scolded me for not having the recall done yet...LOL
My plans are to dump this car and get into an Acura MDX.
Bottom line, I guess I will need to sell the thing myself.
Last edited by MD350; 02-20-10 at 05:48 PM.
#9
WAIT A MINUTE...is there a typo? You said Carmax estimated for $19K and the dealership had it listed for $27,988??? (And this is because they want to get rid of it)???
What kind of problem(s) did you have on your vehicle? Major or minor?
Thanks
What kind of problem(s) did you have on your vehicle? Major or minor?
Thanks
Carmax $19K
Acura and Lexus $20K
Funny how at Carmax, they had my exact same car on their lot, same color, same year, same interior color, but 54K miles instead of my 56K miles and they are asking $27,998 for it. I asked the guy why there is such a difference. He said it is because of the recent Toyota news, they are not moving Toyota/Lexus units. Customers are buying Hondas. Basically, he told me he doesn't want the car.
Oh, and the Lexus dealer...he scolded me for not having the recall done yet...LOL
Acura and Lexus $20K
Funny how at Carmax, they had my exact same car on their lot, same color, same year, same interior color, but 54K miles instead of my 56K miles and they are asking $27,998 for it. I asked the guy why there is such a difference. He said it is because of the recent Toyota news, they are not moving Toyota/Lexus units. Customers are buying Hondas. Basically, he told me he doesn't want the car.
Oh, and the Lexus dealer...he scolded me for not having the recall done yet...LOL
#10
Lexus Champion
My take on it was Car Max had one on the lot they were asking $27,998 for, no doubt based on what they paid for it. Probably before all of the Toyota recall news.
They offered MD350 $19K on his car due to the fact that Toyota/Lexus vehicles aren't selling very well right now.
I could be wrong so maybe MD will weigh in on it.
They offered MD350 $19K on his car due to the fact that Toyota/Lexus vehicles aren't selling very well right now.
I could be wrong so maybe MD will weigh in on it.
#11
My take on it was Car Max had one on the lot they were asking $27,998 for, no doubt based on what they paid for it. Probably before all of the Toyota recall news.
They offered MD350 $19K on his car due to the fact that Toyota/Lexus vehicles aren't selling very well right now.
I could be wrong so maybe MD will weigh in on it.
They offered MD350 $19K on his car due to the fact that Toyota/Lexus vehicles aren't selling very well right now.
I could be wrong so maybe MD will weigh in on it.
#12
Driver School Candidate
Join Date: Feb 2010
Location: Fl
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All of February I was shopping for basic 2007 ES 350 (no nav, no nothing - plain basic setup). I was checking AutoTrader, Cars.com and ebay daily withing 1000 miles from Florida. Also monitored local craigslist. The prices were as follows:
Best price for base ES 350 (no nav, no extras) with clean CarFax from an individual or an independent dealership was between $22k and $24k (30k-50k miles). There were few in good condition but accidents on CarFax, with Nav, between 20k-22k.
Best price for certified version of base ES350 (no nav) was 24k in Atlanta area and a couple of dealerships on the east coast of FL
Best price for loaded version (nav, with or w/o ML and/or pano roof) was from one independent broker in Atlanta area, they sell them between 22k-24k, some were still under manufacturers warranty. There are couple of places in Houston TX and near Cleveland OH that sell loaded ES 350s on ebay for around 22-24k
Local dealerships want 25k-27k for basic or 27k-30k for base+nav
Finally I bought mine last week from another local dealership who had sticker price 25.9k for base+nav, posted on ebay for 24.9k and I ended up getting it for $23.5 - certified, 3 years/60k bumper to bumper from the day I bought it.
hope this helps!
PS: All prices are for 2007 ES 350, less than 50k miles in excellent cosmetic and mechanical condition.
Best price for base ES 350 (no nav, no extras) with clean CarFax from an individual or an independent dealership was between $22k and $24k (30k-50k miles). There were few in good condition but accidents on CarFax, with Nav, between 20k-22k.
Best price for certified version of base ES350 (no nav) was 24k in Atlanta area and a couple of dealerships on the east coast of FL
Best price for loaded version (nav, with or w/o ML and/or pano roof) was from one independent broker in Atlanta area, they sell them between 22k-24k, some were still under manufacturers warranty. There are couple of places in Houston TX and near Cleveland OH that sell loaded ES 350s on ebay for around 22-24k
Local dealerships want 25k-27k for basic or 27k-30k for base+nav
Finally I bought mine last week from another local dealership who had sticker price 25.9k for base+nav, posted on ebay for 24.9k and I ended up getting it for $23.5 - certified, 3 years/60k bumper to bumper from the day I bought it.
hope this helps!
PS: All prices are for 2007 ES 350, less than 50k miles in excellent cosmetic and mechanical condition.
#13
My take on it was Car Max had one on the lot they were asking $27,998 for, no doubt based on what they paid for it. Probably before all of the Toyota recall news.
They offered MD350 $19K on his car due to the fact that Toyota/Lexus vehicles aren't selling very well right now.
I could be wrong so maybe MD will weigh in on it.
They offered MD350 $19K on his car due to the fact that Toyota/Lexus vehicles aren't selling very well right now.
I could be wrong so maybe MD will weigh in on it.
#14
Maybe I'm off base from what is being discussed but I beleive there is a good portion of the difference rather than them low-balling...in short they cant give you 26k for car,then maintenance, sm repairs and what have you, then put it back on lot for 28k or worse than that wholesale it out to used car dealer etc...there would be no profit in htese scenarios. Either way MD in reading your threads over last several months I know you are a very frustrated Lexus owner so I hope you are succesful in moving on from this veh and purchasing another one of whichever Make with better results.
Good Luck !
#15
From what I understand they are RETAILING a vehicle very similiar to your's @ 28k for sale. If they were to purchase yours@ 20k they would put it back on the market for min of 26-29k and negotiate with whoever from there. They are a for PROFIT CO,. ...that is why the best scenario for monetaryVALUE is to sale to individual so there is no resale involved ; of course this isnt always the easiest of the options. Either Kelly Blue Bk or any other source will give you value based on 3 criteria of sale....wholesale, trade-in, individal-retail.
Maybe I'm off base from what is being discussed but I beleive there is a good portion of the difference rather than them low-balling...in short they cant give you 26k for car,then maintenance, sm repairs and what have you, then put it back on lot for 28k or worse than that wholesale it out to used car dealer etc...there would be no profit in htese scenarios. Either way MD in reading your threads over last several months I know you are a very frustrated Lexus owner so I hope you are succesful in moving on from this veh and purchasing another one of whichever Make with better results.
Good Luck !
Maybe I'm off base from what is being discussed but I beleive there is a good portion of the difference rather than them low-balling...in short they cant give you 26k for car,then maintenance, sm repairs and what have you, then put it back on lot for 28k or worse than that wholesale it out to used car dealer etc...there would be no profit in htese scenarios. Either way MD in reading your threads over last several months I know you are a very frustrated Lexus owner so I hope you are succesful in moving on from this veh and purchasing another one of whichever Make with better results.
Good Luck !
All I am asking is $23K, $24K, maybe $25K for it. I guess I will need to sell it myself. However, with the burning smell from the oil hose breaking, it will be very difficult to do. I am in a very tough situation.