Is it just me or why are GS resale prices low?
#16
Driver School Candidate
Join Date: Oct 2008
Location: CA
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Yeah the market is bad to sell but good to buy right now. I just purchase my first immaculate 2006 GS300 blk/blk full options w/ ML system for $31K it had 31k miles. It was LExus CPO w/ an additional 3yr /100,000 mile warranty. Most people, including other dealerships, couldn't believe it.
#20
Lexus Champion
Join Date: Mar 2004
Location: So Cal
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Lexus has always been conservative with resale values, especially in their leases. When my GS comes off lease, the residual will be $26k with 36k miles. So tack on profit & OH and it'll prolly sell for $30-32k. . .
#21
We just picked up our '06 GS300 AWD, loaded with Nav, 18" wheels, 34.5K miles on it for $27K it wasn't a CPO because it was at an infinity dealer which is another reason it was cheaper but I'd have to agree it's a great time to buy.
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mrsardar
GS - 4th Gen (2013-2020)
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12-14-12 06:32 PM