GS - 3rd Gen (2006-2011) Discussion about the 2006+ model GS300, GS350, GS430, GS450H and GS460

What's the resale value of an '06 GS300?

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Old 05-11-06, 11:27 AM
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osx-addict
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Default What's the resale value of an '06 GS300?

Anyone happen to know the resale value of a 2006 GS300 w/ Levinson/Navi and ~9000 miles? Just thinking about the option of selling it to ease my monthly payments.. It's a year old and worked like a charm in the last year. I checked both nadaguides and kbb and neither has info for the 2006 models (any of them).. I'm going to guess it's about 40k or so.. Anyone have better figures?
Old 05-11-06, 12:02 PM
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oneeyejack
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pretend you're going to buy a car at the dealer, say that you want to trade it in for something else and get a ball park figure from there. if your car is in great condition i would add about 5K - 6K to number that they give you.
Old 05-11-06, 12:54 PM
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Originally Posted by oneeyejack
pretend you're going to buy a car at the dealer, say that you want to trade it in for something else and get a ball park figure from there. if your car is in great condition i would add about 5K - 6K to number that they give you.
cool.. I might try that.. Thanks!
Old 05-11-06, 03:34 PM
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Originally Posted by osx-addict
Anyone happen to know the resale value of a 2006 GS300 w/ Levinson/Navi and ~9000 miles? Just thinking about the option of selling it to ease my monthly payments.. It's a year old and worked like a charm in the last year. I checked both nadaguides and kbb and neither has info for the 2006 models (any of them).. I'm going to guess it's about 40k or so.. Anyone have better figures?
If you sell it you can get at the most $45k. A trade in will get you approx. $35k at a Lexus dealer.
Old 05-15-06, 04:04 PM
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jwa
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I have a GS300 with ML + Nav in showroom condition, and the dealer is offering me 39K on a trade for the 450H.
Old 05-15-06, 08:54 PM
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Originally Posted by jwa
I have a GS300 with ML + Nav in showroom condition, and the dealer is offering me 39K on a trade for the 450H.
It all depends on the location, supply and demand for these vehicles. 39k seems about right but I would try to sell it first. You can make a few more grand. I believe www.edmunds.com updated their site for trade/private/retail values for 2006 vehicles.
Old 05-15-06, 09:41 PM
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39k at carmax is what i got for mine
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