Why don't these sell? GS350 Fsport
01-16-19, 10:51 AM
#16
Instructor
When I picked mine up, the difference between same model year used IS350 and a GS350 was only about 3-4k, but MSRP new would've been over 20k difference. You get so much more value with the GS, but many IS buyers just don't realize that(or just prefer a smaller package).
Now if only GS-F's would come down just as much
01-16-19, 11:08 AM
#17
Based on your information provided on a private sale you will get $21-22k range tops if you are lucky or whatever someone is willing to pay you. Dealer trade in you are looking about $3-4k less if not more all day everyday. Hell I have a 2015 AWD F-Sport fully loaded with 40k with transferable warranty through 2024 and for S&Gs I went to a couple of local dealers just to see what low ball offers I would get and they quoted me $22,500 on high end and $21k even on the low end...a Joke but it is what it is. They based this on the MRR which is what dealers are paying for on auctions then they mark up their prices for profits. I'm not looking to sell my GS but curious to see what the offers would be from dealers.
01-16-19, 11:39 AM
#18
Lexus Champion
It's a buyer's market for the GS.
When I picked mine up, the difference between same model year used IS350 and a GS350 was only about 3-4k, but MSRP new would've been over 20k difference. You get so much more value with the GS, but many IS buyers just don't realize that(or just prefer a smaller package).
Now if only GS-F's would come down just as much
When I picked mine up, the difference between same model year used IS350 and a GS350 was only about 3-4k, but MSRP new would've been over 20k difference. You get so much more value with the GS, but many IS buyers just don't realize that(or just prefer a smaller package).
Now if only GS-F's would come down just as much
01-16-19, 11:48 AM
#19
Indeed. My GS is coming off lease this spring. I love the car and want to buy it out, but just can't do it because the value is so much lower than my buyout. First lease I've ever had with this scenario. My GS is about 14k miles under my lease limit, and the equity is still well into the red. It's a well equipped 2015, Atomic Silver F Sport, AWD, with ML and 22k miles on it. Car is flawless. My buyout is around $34k right now and there's just no way to justify that when the actual value of the car is so far below that. A huge bummer.
01-16-19, 11:53 AM
#20
Intermediate
Indeed. My GS is coming off lease this spring. I love the car and want to buy it out, but just can't do it because the value is so much lower than my buyout. First lease I've ever had with this scenario. My GS is about 14k miles under my lease limit, and the equity is still well into the red. It's a well equipped 2015, Atomic Silver F Sport, AWD, with ML and 22k miles on it. Car is flawless. My buyout is around $34k right now and there's just no way to justify that when the actual value of the car is so far below that. A huge bummer.
01-16-19, 11:53 AM
#21
And it will be L/Certified and give you 2 more years + Unlimited B2B and be cheaper for the next buyer. Win Win
01-16-19, 12:01 PM
#22
Lexus Champion
In any case, my plan is to either pick up a new Stinger on lease or just go grab a '19 GS before they're gone. But that's a different thread...
01-16-19, 01:23 PM
#23
If RWD with summer tires and in the snow belt, it may be a tougher sell vs AWD for some.
Like others mentioned — SUVs and pickups hurt car resales (at least in the South). When I traded in my last car at CarMax, it was challenging to put it mildly. My wife’s last SUV trade in barely sat at the Lexus dealer lot for a week before it sold.
Can you keep keep the car until spring? Don’t know if that will help, but it sounds like your car is in great shape.
Like others mentioned — SUVs and pickups hurt car resales (at least in the South). When I traded in my last car at CarMax, it was challenging to put it mildly. My wife’s last SUV trade in barely sat at the Lexus dealer lot for a week before it sold.
Can you keep keep the car until spring? Don’t know if that will help, but it sounds like your car is in great shape.
01-16-19, 04:04 PM
#24
Pole Position
That's only if they get it, though. The lease return goes back to Lexus Financial, and they auction it off so it could end up at any dealer.
In any case, my plan is to either pick up a new Stinger on lease or just go grab a '19 GS before they're gone. But that's a different thread...
In any case, my plan is to either pick up a new Stinger on lease or just go grab a '19 GS before they're gone. But that's a different thread...
That LS F Sport do anything for ya?
01-16-19, 08:07 PM
#27
That's only if they get it, though. The lease return goes back to Lexus Financial, and they auction it off so it could end up at any dealer.
In any case, my plan is to either pick up a new Stinger on lease or just go grab a '19 GS before they're gone. But that's a different thread...
In any case, my plan is to either pick up a new Stinger on lease or just go grab a '19 GS before they're gone. But that's a different thread...
01-17-19, 06:27 AM
#29
The problem with buying the car after lease end is the high residual. But if you like your car, you just pay the price.
01-17-19, 06:37 AM
#30
Instructor
Let's hope that never happens. I couldn't care less what everybody else drives. Keep buying them SUVs so I can trade for a used gs-f at a good deal. Curiously, I haven't seen a single GSF listing for months in Canada. I suspect Americans are buying them up at Canadian auctions and shipping them south.