ta1972

iTrader: (1)

I'm really pissed off,because when i checked the value of my 98 gs400,it was priced so low. I have checked when i bought my car a year ago it had a good value to it,but when i checked recently it did not... What the hell is going on? How could it drop so low from a year ago. How do they rate the value? is it because of the economy is really bad?

sakataj

iTrader: (182)

when i bought my 2001 gs430 in nov of 2007 it was still worth about 26k now its like 15k or so.

no1 seems to want the v8's with this stupid gas crisis they keep making up to sell gas...

it seems to be based on what people are wanting/buying and im sure part/alot of its based on the slow economy

Rippaflow

iTrader: (4)

Our cars keep going down yet my friend's 95 Buick Roadmaster Station Wagon was worth 800 when he bought it on KBB...now a year and a half later it's magically 2300. WTF!@ THATS A LT1 V8 Damn it.

ta1972

iTrader: (1)

I bought my 98 gs400 with 93k for 10k and needed some work on it and i have spent nearly 5k-6k in parts and only driven about 7k miles within the year. At the time for kbb pricing,the tradein value was about 10k with even if it was the lowest condition rating.Now wtf...the price just droped bigtime. This sucks...

plex

iTrader: (11)

Slow economy, dealers have a hard time moving cars coupled with reduced demand by consumers for luxury items.

LeXaNoMicS

it might be because lexus has whole new line up, and its 11 years old? LOL

Kbueno

+1 Everything's taking a dump right now, best to hold on (if you are selling) until it gets better. People are typically buying at less than the kbb prices...our luxury segment is hurting more than others on top of that.

LeXaNoMicS

Or drop 10k in turboing and then sell it for a profit , lol jk

Anthony

iTrader: (4)

it says my 04 300 is worth about 15k

GS300Rich

the value has gone down steadily, all them more reason to keep it when I get a new car, its not going to be worth much so why bother trading in

JDMCelsior

iTrader: (1)

last I check (about a week or so ago), my 04 GS, 55K miles rated at excellent condition was worth around 13K...I was like WTF...I guess I'll be keeping my GS for quite some time, or until I pay it off. I mean the depreciation from when I bought the car back in March to now is so dramatic I can not believe it. Good thing I like the car alot!

LeXaNoMicS

i dont think anybody should be selling there GS ever !!!!

phillygs3

iTrader: (5)

I know it's crazy. I was gonna trade mine in for a 3rd gen . But I owe more than the car is worth

Emontes7

iTrader: (2)

im with lexanomics.....ill never sell it..i think i'll just give it to my son when he turns 16 and i dont even have kids..HAH..the gs is a classic

excluesive

iTrader: (10)

meh, who cares. I paid over 20k 1.5yrs ago for my 01 430, loaded, with 47k miles. 15k miles, accident, and modded later, i don't expect it to be worth what I paid, or even close.
I will hold on to it a while so I don't even look. why is everyone so concerned.