I am actually in the market for a used 3GS and was wondering why it would take a dive by the end of this month? I can't seem to find any 3GS here for under $26K used and all the ones from a dealer non CPO are usually in the low 30s

 

^ read my post again, the answer is there

And trade in value is not the same as a retail "asking price"...Asking doesnt meant that you have to pay that Remember that a dealer has to back up that car and put money into most used cars. I would say on average 2k of work goes into most cars. More if its CPO due to strict requirements. Then from there this thing called profit to keep the dealer open and pay its employees plays into role.

If a car comes in that doesnt need work and the owner has truly taken care of the car then it will be worth more on trade so at the end of the day your at the same point. If I dont offer more for that pristine car then my comp will and I lose out on business. This isnt very common around my area but there are the few.

 

I have purchased few used cars and after working the auctions I think I will never buy used again. Lease or buy new is the way to go IMO. Good thing with the new stuff is we have a lot of information to educate us as buyers today. With a used car not so much other then to see what is listed in the area at other dealers but you have no clue what your getting or how much they really have in that car.

 

that was definitely uncalled for of the salesmen.

 

When I sold my Camry, I looked up Kelly Blue book.. trade in value was like $11k, private was I think $13k, Carmax offer was $14k. Some idiot online asking for $12k. Sadly I bought the car for $35k. Carmax won the bid, 2 days later they put up my car for $18k and it was gone the next day.

 

wow u really tracked ur cars,,,,,,well i researched the GS market and hopefully i find a good buyer,,,i just have to take off everything off my car far as aftermarket stuff,,my body shop is on vacation which doesn't make things fast,,,things that sucks about putting cars on sale is non-stop callers,,,BTW, i got a question from buyer who asked me if i ever had sex in the back seat and i told him saw me the money and i tell you,,

 

I know the value can vary by zip code. Bottom line,their used prices were very high probably as some one said, due to the crises in Japan with new cars and parts availability. That said, I'll bet I could have squeezed a few grand more out of them but, it does not matter as I made the right decision in keeping my car. It looks super clean and was a CPO. They did a great job on the reconditioning and as long as I maintain it, it should continue to look and drive great. It is garaged at home all night long and I have indoor parking at work. I'm hoping not to let myself get the car bug when I have such a nice car.

 

sold my GS today to private buyer for 30k,,,white 07 350 with ML, 42k,,,rims, intake, lip kit, grill, exhaust, by-pass kit, lowering springs, etc,,,still under factory warranty as well,,,yesterday, i went to carmax and they offer 21k same as lexus dealer did,,,add insult, carmax told me they will add 1000 if i switched back to factory wheels,,.im happy with price but it was sad someone else driving my car for first time and i knew i will never see it again,,,

 

What did you expect? If you want a fair price sell it yourself. It's not hard.

 

Craigslist? How did you sell it?

 

used autotrader, Craigslist, and eBay. eBay gives free listing if you listing locally and free car report. their car report is like carfax. but gives out ratings 1-100 depends on car history. (my was 94).
my buyer found me on eBay. he was 70 year old IT company owner ( i googled him ). probably got more money if i negotiated better but whatever its done.

 

You got an excellent price.

Did eBay charge fees or was it sold off their site?

 

cant complain about price and buyer was happy with my car.
i used local listing only where its free. there is no bidding process.

 

Only thing that would ever scare me about a private party sale is the the buyer coming back with BS lemon law claims, trying to get out of the purchase, and making your life miserable. A headache you would not deal with going thru a dealer. The trade-off to this risk, of course, is a way better price.

 

So what are you going to buy now? Why not join me and TJPark01 in the group of ex 3GS drivers with F10 550is?