masitaly17

Hi Everyone,, I have the chance to buy a '98 GS400 next month from work but need some advice. This car has 135,000 miles on it !! It is a company car driven by one of our top sales guys so they are all highway miles. The company pays for maintaince so I am sure he took care of this considering his attention to detail in his work projects.... We havn't firmed up a price but he said definately not over 10K. Which for him could mean $9,999?? KBB says trade-in for this is from $9,100 to $9,900 depending on condition. What do you think I should offer this guy? Have the people with higher milage cars had any problems? I know Lexus builds a good product and I am in the engine industry (GM Industrial) so I know a few things about cars.. just curious to see what people in the field are expierincing.. thanks in advance!

morris

iTrader: (2)

I have a 98 and they are easily good for over 200 K miles

morris

iTrader: (2)

Trade in is what the dealer would Payyou can expect to PAy More than trade in as a Private purchaser

masitaly17

thanks for the words Morris,, thats the sweet thing,, He is willing to give it to me for cheap (i.e. no more than he would get for a trade-in).. what do you think of that price?

morris

iTrader: (2)

thats a great price nada lists it at 14 to 17 K for the car

Assuming it is in good mechanical condition I would go for it.

masitaly17

Okay, so now I am in a real delemia..... the car has 160,000 miles!!! that is some high milage,,, I am not sure what to do now?? Maybe I should start looking for another GS with lower milage and fork out 16-18K.. what would you do in the situation.... If I get it I would probably only keep it for about a year, do you think I would lose my a$$ on this deal?

chuckb

if it looks/runs good and you can get it around 9-10k like you said, it'd probably be worth it.

otherwise, that is alot of miles to start out with. I've been seeing GS400s with 70-90k for $13-15k

ivesGS400

I've got a 98 with about 165,000 miles on it now. It runs and rides better than some new cars I've been in. That being said, IF you could afford another $3,000-$4,000, I would look for something under 100,000 miles. No matter how well the car is built, some stuff is just going to wrong in the 150,000-200,000 mile area. And that's usually expensive stuff! BUT, if the deal is just too good to pass up, don't hesitate. It's a great car!