Just got 07 gs350...was deal ok?
06-20-12, 11:13 AM
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Just got 07 gs350...was deal ok?
Hi all...newbie here from nj..i know this type of question isnt healthy to ask..but regardless...please advise:
2007 cpo @45k miles, starfire pearl, awd,no nav, no ml..5 year 125 k warranty...leather all new..like it never had a passenger...100 percent brakes/ tires.....exterior pristine..$29k otd...6 year 2.9 financing
2007 cpo @45k miles, starfire pearl, awd,no nav, no ml..5 year 125 k warranty...leather all new..like it never had a passenger...100 percent brakes/ tires.....exterior pristine..$29k otd...6 year 2.9 financing
06-20-12, 12:09 PM
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Well... in that case then yes it seems pricey for that car unless your OTD listed includes sales tax. When asking for comparisons it's best to just list vehicle price before TTL as each state is a bit different and you want apples to apples since you cannot change the TTL portion. Anyhow, if your OTD # listed above includes taxes/fees/etc. (assuming NJ sales tax of 7%), then it's just ok w/ a sale price of ~ $27k... Personally, I think you left some decent $ on the table... and definitely $$$$ if that's your # before TTL.
Last edited by BurgBoxstr; 06-20-12 at 12:13 PM.
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06-20-12, 02:57 PM
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2008 gs350 no ml w/ nav certified pre owned 45,000 miles
dealer listed 34k walked out for 28,500 no down w/ trade at 3%
i basically shopped around
made a spreadsheet of similar vehicles and presented my pricing to the dealer i test drove them, had them make me an offer... then walked.. compared final offers and told them what i wanted to pay no more no less
they will call you back and when they do you are set.
dealer listed 34k walked out for 28,500 no down w/ trade at 3%
i basically shopped around
made a spreadsheet of similar vehicles and presented my pricing to the dealer i test drove them, had them make me an offer... then walked.. compared final offers and told them what i wanted to pay no more no less
they will call you back and when they do you are set.
06-20-12, 05:15 PM
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Thanks for the replies..what about my warranty
As i mentioned, i did get 5 yrs 125k miles. Included in my number..does that not have any value? Is everyone here a diyer or dont you feel that the peace of mind that comes w a warranty should be considered w the deal? If i sold the car a year from now with 10k more miles on the odo and 4 years or 125k miles left to the warranty, i venture to say i could get at least 26k from a private buyer. Which would mean ive essentially leased the car for 360 a month w no down payment. This is only a hypothetical, but i see what private buyers are selling theirs for and even what dealerships are selling gs350s w ultra high miles. I dont disagree that i may have left something on the table, but i also think the downside risk or intrinsic loss on a luxury cpo w warranty intact for 5 years is minimal. But i do find it interesting when people online say they are breaking even when they flip their cpos..i guess these would be good friends to have when going to the dealership.