GS - 4th Gen (2013-2020) Discussion about the 2013 and up GS models

Buying New or used

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Old 07-25-14, 04:19 PM
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krava
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Default Buying New or used

I looked on Edmunds and they said MSRP is around $54,000, Invoice is $51,000 and True Market price on these were around $47K or so is this true? I called up someone in dallas and they said they could do $49 and that is without negoatiing. My question is why would you buy a Used 1 year old model for $42-$43,000 when you can get a new one for a little more? I can understand $10K less for a used one but just that little bit I don't understand. Or would it make more since to wait until 3 years old and then buy one for around 1/2 MSRP and a CPO? I plan on keeping this car for 10-12 years as it might be my last any suggestions let me know.
Old 07-25-14, 04:39 PM
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FastTags
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You right no reason to buy used unless you can find like a fully loaded one.
Old 07-25-14, 04:42 PM
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tompass
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Did not find fully loaded CPO '13 but did make the purchase and do not regret it saving $12-$13K with 100K 3 year B/B warranty. Wonderful car.
Old 07-25-14, 04:43 PM
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It depends on a lot of factors, like miles, options and finally the price. I was looking to buy a brand new car, but ended up buying a 4 month old GS instead. I paid $51,500 for $67,700 GS. I did not care if the car had few miles or was used for 4 months, I just could not pass the $16,000 discount.
Old 07-26-14, 05:21 AM
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coach1
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Buying used only worries me with the flood damages that have occurred around the country the last few years. If Savings out ways the Risk...then go for it....personally If it were only a year difference, I would go for a left-over/end-of-year/demo model.
Old 07-26-14, 10:49 AM
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Ramon
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10k is pretty significant for a 54k car IMO, that's just under 20% and you can probably do even better if you wanted to bother haggling with them. If there's nothing wrong with the car, has a clean title history and a reasonable amount of miles on it, I'd say go for it.
Old 07-26-14, 07:22 PM
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krava
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RIght now they are talking about doing a 1 time lease. At first he wanted me to put $7,000 down and $685 a month for 30 months. He says this will build my credit up. This is on a $54K car and I am going to get it for $50,900 or something. I don't know if I want to do that. Another option was doing the 1 time lease and I think he was talking like $21,000 or so for 30 months. I am not sure if I want to do this or just flat out get a used one. My problem is my credit is Non existant and he is saying I am a "ghost". No bad credit but nothing in my history for 10 years. This is going to be a factor in me getting a car. I wanted to put around $20K maybe even $25K down if I have to but it maybe me having to wait try to build some credit up by doing a credit card for 6 months, then waiting until 2015 when some of the leases are back and find one I want then. I am not in a rush but right now I only have 1 car and that is the 06 gs 300 awd with 160K miles on it and the threat of that carbon buildup happening again. I want the 06 GS as a backup car (actually I want to use it as my DD, park the new one not put many miles on it and keep value in it).
Old 07-26-14, 07:34 PM
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Ramon
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You can probably do better, though I'm not sure how much your credit plays into it. I just leased my 2014 GS stickered at just over $59.2k for 36 months, $2550 down, 15k miles/year for $599/month.

As far as parking you new car... Not really a good idea. A car is a depreciating asset even if you don't drive it, so you might as well enjoy it. Otherwise don't waste your money you might as well let the dealer hang on to it until you're ready to drive it, then go buy it.
Old 07-26-14, 07:49 PM
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dseag2
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If you're willing to wait until end of 2014/early 2015, my 2013 GS F Sport may be on the market. Liquid Platinum/Cabernet, fully loaded with Mark Levinson, HUD and Sport Differential. Very clean with (right now) 17,500 miles. Brand new set of Michelin Pilot Super Sports as well.

I'm seriously considering a new RC F Sport or a '15 GS F Sport in Atomic Silver. (Yes, I would buy this car all over again.)
Old 07-26-14, 09:11 PM
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djspock303
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You should also take in to consideration the model change. If this model style had been out for three or four years then there would be even more depreciation with a one year difference.

Basically 2013, 2014 right now 2013 on a 4th gen will still be high.

If you were looking at a 2015 used in 2016 - that variance will most likely be greater than the 1-2 year variance of it being new. Of course a lot of other factors come into play but that is a big one.

No different than when a new model comes out. I can get a fully loaded 2011 GS350 AWD 3rd gen for less than 30k low miles fully loaded. How much were they when they were new --------
Old 07-27-14, 07:39 AM
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Originally Posted by krava
RIght now they are talking about doing a 1 time lease. At first he wanted me to put $7,000 down and $685 a month for 30 months. He says this will build my credit up. This is on a $54K car and I am going to get it for $50,900 or something. I don't know if I want to do that. Another option was doing the 1 time lease and I think he was talking like $21,000 or so for 30 months. I am not sure if I want to do this or just flat out get a used one. My problem is my credit is Non existant and he is saying I am a "ghost". No bad credit but nothing in my history for 10 years. This is going to be a factor in me getting a car. I wanted to put around $20K maybe even $25K down if I have to but it maybe me having to wait try to build some credit up by doing a credit card for 6 months, then waiting until 2015 when some of the leases are back and find one I want then. I am not in a rush but right now I only have 1 car and that is the 06 gs 300 awd with 160K miles on it and the threat of that carbon buildup happening again. I want the 06 GS as a backup car (actually I want to use it as my DD, park the new one not put many miles on it and keep value in it).
Its your choice but, building credit takes time and buying a car is one of the best way to build it. If you can find a goof financial institution to either finance or negotiate a good MF with the dealer and put a solid Down payment, in IMO a way to go.

With a good down payment the dealer should find a decent MF for you.
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