Car Loan Question?
10-09-09, 10:40 AM
#17
Driver
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Location: pa
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could list as high as 28 or more and work down. i guess as long as you get over 22,500 you'll be better off than turning it into the dealer.
i bought mine with 35k miles, AWD, nav, levinson, 8 mo remaining on factory warranty with avg body condition at 26 or so from a dealer.
10-09-09, 10:45 AM
#18
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Join Date: Dec 2003
Location: Texas
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Basically "certified pre-owned" means it has a warranty to 100,000 miles. I've heard from a salesman this is worth about $1000.00. If you bought the GS with CPO from Lexus and if that warranty is transferable...it should bring you a little more coin.
10-09-09, 07:26 PM
#20
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FYI - all the above post are correct regarding your dilema. understand that if you do a voluntary repo you credit will take a ding and they will come after you for the rest. If you turn it in and pay later you will satisfy the loan, but it will still ding your credit. it will show on your credit report as settled. you want your loan to show as paid in full. sounds like you will have to sell privately and a personal loan on the balance. either way your screwed. sorry dude
10-10-09, 08:13 AM
#22
Lead Lap
Thread Starter
lol now thats funny^^^^ i do have gap insurance in case my car gets totaled. i dont want to go that route dont need no injuries haha. i'll keep the car its not a bad car
10-13-09, 08:41 AM
#25
Lexus Test Driver
Its the same engine, just a lighter car. Some people would consider the IS350 a down grade from the GS350.
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bagwell
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07-24-10 07:35 AM
