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

What is this GS 300 Worth?

Thread Tools
 
Search this Thread
 
Old 06-18-08, 09:00 AM
  #1  
bigalexus
Rookie
Thread Starter
 
bigalexus's Avatar
 
Join Date: May 2008
Location: Wisconsin
Posts: 64
Likes: 0
Received 0 Likes on 0 Posts
Default What is this GS 300 Worth?

Hey guys im new to the forum and am in the market for a 06 lexus gs 300. After searching for weeks i finally find one local to me that's in the color i want (white) and low miles that i was looking for except it has no navigation. The car has 16,500 miles and is in excellent condition. The asking price is 33,000 is this a fair price? This is a private seller. Any helpful suggestions would be great. Thanks in advance and hope to be contributing to the forum in the future!
Old 06-18-08, 09:05 AM
  #2  
whlkev
Lexus Champion

 
whlkev's Avatar
 
Join Date: Aug 2007
Location: CA
Posts: 3,298
Likes: 0
Received 4 Likes on 4 Posts
Default

that's way too expensive, look for a GS350...
Old 06-18-08, 09:05 AM
  #3  
EyeKutr
Pole Position
iTrader: (5)
 
EyeKutr's Avatar
 
Join Date: Aug 2005
Location: Alta Loma, CA
Posts: 2,733
Likes: 0
Received 39 Likes on 25 Posts
Default

Keep looking, that is not a good price....that was a good price 1 year ago when I bought by gs300 used...if you can get that car for 30K do it, if not look around., if he has title at hand, and you pay sales tax in your state he may be able to save you some money that way too...you can probably pick up an 07 for 37 with nav....well worth the difference
Old 06-18-08, 09:24 AM
  #4  
bigalexus
Rookie
Thread Starter
 
bigalexus's Avatar
 
Join Date: May 2008
Location: Wisconsin
Posts: 64
Likes: 0
Received 0 Likes on 0 Posts
Default

ok thanks for the advice guys i was definitly going to offer a lower price, so 30 would be a fair price? and yeah ill keep my eye out for a 350 i just read a thread between the 300 vs 350.
Old 06-18-08, 10:39 AM
  #5  
Nauticalx
Instructor
 
Nauticalx's Avatar
 
Join Date: Jul 2005
Location: GA
Posts: 1,023
Received 14 Likes on 13 Posts
Default

have u run the vehicle pricing on kbb, nada, and edmunds?
Old 06-18-08, 11:38 AM
  #6  
drpepper
Instructor
 
drpepper's Avatar
 
Join Date: Apr 2008
Location: MD
Posts: 840
Received 3 Likes on 3 Posts
Default

Assuming that's AWD, because of the mileage, $33,000 is less than average kbb private sale. In that regard, it's a "fair" price.

OTOH, since the low mileage is just happenstance for you (i.e., I assume 16K is not a mileage requirement for you in a 2006 car), you could consider an offer based on comparable value of more typical mileage/condition, like 36K miles/good condition, which would be about $29,000.

The part that works against you is that he could probably walk in to Carmax and get $29-30,000 - again, because of the mileage and what I presume would be classifiable as "Excellent" condition.
Old 06-18-08, 12:23 PM
  #7  
bigalexus
Rookie
Thread Starter
 
bigalexus's Avatar
 
Join Date: May 2008
Location: Wisconsin
Posts: 64
Likes: 0
Received 0 Likes on 0 Posts
Default

ok well im going to check out the car this weekend but ill throw an offer around 30 k if everythign checks out.
Old 06-18-08, 12:34 PM
  #8  
tod071
Lexus Champion
 
tod071's Avatar
 
Join Date: Apr 2002
Location: Hawaii
Posts: 1,826
Likes: 0
Received 1 Like on 1 Post
Default

Keep us updated. Looking forward to having you in the CL family!
Old 06-18-08, 03:32 PM
  #9  
xxlbeerZ
Rookie
 
xxlbeerZ's Avatar
 
Join Date: Nov 2004
Location: Texas
Posts: 82
Likes: 0
Received 0 Likes on 0 Posts
Default

I've been shopping around for a new body style GS as well. That's not a bad price for that mileage.

I decided to take my car (350Z) to CarMax and got a beater to drive for a few months so I can get a GS350 instead. Seems worth it for the extra HP and better radio...
Old 06-18-08, 07:36 PM
  #10  
EyeKutr
Pole Position
iTrader: (5)
 
EyeKutr's Avatar
 
Join Date: Aug 2005
Location: Alta Loma, CA
Posts: 2,733
Likes: 0
Received 39 Likes on 25 Posts
Default

Originally Posted by xxlbeerZ
I've been shopping around for a new body style GS as well. That's not a bad price for that mileage.

I decided to take my car (350Z) to CarMax and got a beater to drive for a few months so I can get a GS350 instead. Seems worth it for the extra HP and better radio...
radio is same, display resolution on nav is better
Old 06-18-08, 08:00 PM
  #11  
xxlbeerZ
Rookie
 
xxlbeerZ's Avatar
 
Join Date: Nov 2004
Location: Texas
Posts: 82
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by EyeKutr
radio is same, display resolution on nav is better
I read on here somewhere the GS300 doesn't play MP3's and DVD's, but the GS350 will.
Old 06-18-08, 08:43 PM
  #12  
EyeKutr
Pole Position
iTrader: (5)
 
EyeKutr's Avatar
 
Join Date: Aug 2005
Location: Alta Loma, CA
Posts: 2,733
Likes: 0
Received 39 Likes on 25 Posts
Default

Originally Posted by xxlbeerZ
I read on here somewhere the GS300 doesn't play MP3's and DVD's, but the GS350 will.
you're right on the mp3's....both play DVD if you have ML, neither dont without ML...good call
Old 06-19-08, 10:17 AM
  #13  
bigalexus
Rookie
Thread Starter
 
bigalexus's Avatar
 
Join Date: May 2008
Location: Wisconsin
Posts: 64
Likes: 0
Received 0 Likes on 0 Posts
Default

Ok so i should offer 30 k, i dont wanna low ball anyone or get a bad price, im about to go check out the car.
Old 06-19-08, 11:49 AM
  #14  
drpepper
Instructor
 
drpepper's Avatar
 
Join Date: Apr 2008
Location: MD
Posts: 840
Received 3 Likes on 3 Posts
Default

You have a few .02 opinions from people that say $30,000 would be a good deal (for you).

I don't think that's any kind of slap in the face of the seller - He has options; he can take your offer or not. It's a transaction, not a personal matter.

If you do move on, for $30,000, you can certainly find another car with more miles on it...possibly with NAV or some other aspect that works in your favor.

Good luck.
Old 06-19-08, 11:52 AM
  #15  
The G Man
Lexus Test Driver
 
The G Man's Avatar
 
Join Date: Oct 2005
Location: MA
Posts: 8,698
Received 68 Likes on 56 Posts
Default

Personnally, I would rather have a higher mielage GS350 than a low mileage GS300.


Quick Reply: What is this GS 300 Worth?



All times are GMT -7. The time now is 08:26 PM.