GS - 2nd Gen (1998-2005) Discussion about the second generation GS300, GS400 and GS430 (1998 - 2005)

2000 gs 300 for 32k???????

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Old 07-20-02, 06:47 AM
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desimakk
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Default 2000 gs 300 for 32k???????

Hi everyone i'm curently shopping around for a gs 300 and found an offer..........can everyone tell me if its good or not....... its a 2000 lexus gs 300 with spoiler and tints with only 13k miles on it in mint condition the seller claims............is it a good deal??????? thankx in advcne
Old 07-20-02, 08:30 AM
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hhodgetts
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Lightbulb sort of...

Hey,

You were asking if a 2000 GS300 with 13k miles is a good deal for $30k.

I'm a wholesale auto broker in Atlanta. I'm also a big Lexus GS enthusiast. I go to wholesale auctions weekly and purchase pre-ordered vehicles for my customers.

The short and simple answer to your question is yes, it's a good deal assuming that the vehicle is in mint condition. Regardless of how good it looks to you there are two things you MUST do before purchasing it: 1. run a carfax report 2. get the vehicle inspected by a knowledgeable mechanic you trust. If everything is perfect, yes, its a good deal (sort of). The primary reason it is a good deal is the low miles. If it had higher miles, it would not be worth $30k.

There are several other factors you should consider. For $27k I can get you or you should be able to find a 99 GS400. For $25k I could get you or you should be able to find a 98 GS400. In my humble opinion, the GS400 is in a whole different league than the GS300.

Also, the GS300 you are looking at has not depreciated signigicantly. In about two years it will be a $20-21k vehicle.
Old 07-20-02, 01:56 PM
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russ29
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Default

Well, I just dropped $28,5 on a 99 with 33k miles. I looked at a 2000 with 34K but they would not budge from $33k.

$32 sounds pretty good to me. IMHO
Old 07-20-02, 02:08 PM
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portcityplaya
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Default Good Deal

I got my 2000 GS with 14k platinum edition with Nav for 36k back in Feb so I think for a GS300 you may be able to do better. It kinda just depends on where you are. I got mine at Lexus of Alexandria in VA. It was a CPO. If you can find a GS400 with a few more miles at around the same price you would really enjoy it more. A 99 GS400 would be a better investment IMHO.
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