GS F (2016-present) Discussion topics related to the GS F model

Where is the sweet spot for buying a used GS-F (next two years)?

Thread Tools
 
Search this Thread
 
Old 05-20-19, 12:43 AM
  #1  
werewolf
Lexus Test Driver
Thread Starter
 
werewolf's Avatar
 
Join Date: Oct 2007
Location: CA
Posts: 975
Likes: 0
Received 5 Likes on 5 Posts
Default Where is the sweet spot for buying a used GS-F (next two years)?

Hi all

Love the car, can't afford a new one. My question to all the owners / potential owners out there is where the sweet spot for this vehicle in the used mkt next two years (miles, yrs used)?

Is it tempermental at all? i.e. - can I buy used without a warranty?

Would be using this car as a 2nd/weekend vehicle (love V8s but most weekday driving is bumper to bumper misery)

Thanks in advance!

Last edited by werewolf; 05-20-19 at 12:47 AM.
Old 05-20-19, 05:43 AM
  #2  
bigblack06
Moderator
iTrader: (20)
 
bigblack06's Avatar
 
Join Date: Nov 2009
Location: Beantown
Posts: 7,041
Received 326 Likes on 223 Posts
Default

You should probably post what price you are shooting for.
Old 05-20-19, 07:06 AM
  #3  
NotFSport
Pit Crew
 
NotFSport's Avatar
 
Join Date: May 2019
Location: FL
Posts: 126
Received 48 Likes on 33 Posts
Default

I'm in the same boat as you. Looking to buy but not in a hurry. I see the 2016's for mid to high 40's at the moment. I think that once the clean 2016's hit about 40 i'll jump into one, unless someone thinks that's unlikely to happen in the next year or so.
Old 05-20-19, 08:39 AM
  #4  
werewolf
Lexus Test Driver
Thread Starter
 
werewolf's Avatar
 
Join Date: Oct 2007
Location: CA
Posts: 975
Likes: 0
Received 5 Likes on 5 Posts
Default

Fair - was thinking US$40k
Old 05-20-19, 11:47 AM
  #5  
916gs400
Rookie
 
916gs400's Avatar
 
Join Date: Oct 2013
Location: CA
Posts: 62
Likes: 0
Received 18 Likes on 11 Posts
Default

Since these cars were discounted so much new of MSRP, I feel like the car is already in the “sweet spot”. Iike the saying goes buy the newest you can afford. If you are waiting for higher mileage, that’s when the more expensive maintence start to happen, plugs, water pump, brakes. So in long run it will even out. So for reference, 1 yr ago, i bought my 2016 CPO for $54k with 6k miles. And if you can find a car with that low miles and CPO, I would think it would still go for 50’s.
The following 2 users liked this post by 916gs400:
bbaugher47 (07-14-19), MasterWork (06-26-19)
Old 05-20-19, 11:57 AM
  #6  
Ismelllike
Pit Crew
 
Ismelllike's Avatar
 
Join Date: May 2019
Location: CA
Posts: 153
Received 35 Likes on 21 Posts
Default

Originally Posted by 916gs400
Since these cars were discounted so much new of MSRP, I feel like the car is already in the “sweet spot”. Iike the saying goes buy the newest you can afford. If you are waiting for higher mileage, that’s when the more expensive maintence start to happen, plugs, water pump, brakes. So in long run it will even out. So for reference, 1 yr ago, i bought my 2016 CPO for $54k with 6k miles. And if you can find a car with that low miles and CPO, I would think it would still go for 50’s.
What kind of discounts were people seeing? They seem to be going new 15-20k, which to me is crazy that it keeps falling off a cliff even at 20% off.
Old 05-20-19, 12:45 PM
  #7  
TrevorR
Intermediate
iTrader: (2)
 
TrevorR's Avatar
 
Join Date: May 2016
Location: MD
Posts: 440
Received 129 Likes on 91 Posts
Default

Originally Posted by Ismelllike
What kind of discounts were people seeing? They seem to be going new 15-20k, which to me is crazy that it keeps falling off a cliff even at 20% off.
Probably can get a GSF at high 70k range now. The 15-20k was possible in fall of 2017 when the rebate was 8k and at the same time there was the 5k rebate for attending track day. You could combine both.

So it wasn’t neccisarily a 20% discount, just that people were taking advantage of the rebate and negotiating another 5-10% on top of rebates. I don’t think 15-20k is possible today which is unfortunate.
Old 05-20-19, 02:15 PM
  #8  
lobuxracer
Tech Info Resource

iTrader: (2)
 
lobuxracer's Avatar
 
Join Date: Jul 2006
Location: Georgia
Posts: 22,312
Received 3,955 Likes on 2,395 Posts
Default

We paid $66.1k on an $87k sticker in October of 2016 for brand new. If they'e still in the mid-$40k range, I think we made out big time.
The following users liked this post:
Dukeaudio (06-25-19)
Old 05-20-19, 02:25 PM
  #9  
rocketfan
Driver School Candidate
 
rocketfan's Avatar
 
Join Date: Mar 2019
Location: Texas
Posts: 8
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by TrevorR
Probably can get a GSF at high 70k range now. The 15-20k was possible in fall of 2017 when the rebate was 8k and at the same time there was the 5k rebate for attending track day. You could combine both.

So it wasn’t neccisarily a 20% discount, just that people were taking advantage of the rebate and negotiating another 5-10% on top of rebates. I don’t think 15-20k is possible today which is unfortunate.
Recently purchased new 2018 69.5 plus ttl sticker 88. It’s not impossible but have to be flexible with colors, options and location of car.
Old 05-20-19, 07:44 PM
  #10  
18017
Driver
 
18017's Avatar
 
Join Date: Dec 2013
Location: Ca
Posts: 192
Received 47 Likes on 25 Posts
Default

I bought mine:

16 GSF CPO 58k with 5 years of Lexus bumper to bumper warranty with the 60k service done, new tires, new brakes and rotors and battery for $45,999. Car was the color combo I wanted and had an impeccable service record. Drives and looks like new. It even qualified at 2.99%.

Last edited by 18017; 05-20-19 at 07:51 PM.
The following 2 users liked this post by 18017:
howiedoit (07-17-19), MasterWork (06-26-19)
Old 06-25-19, 10:56 AM
  #11  
CouveGS
Pit Crew
 
CouveGS's Avatar
 
Join Date: Oct 2016
Location: WA
Posts: 145
Received 52 Likes on 30 Posts
Default

Originally Posted by 18017
I bought mine:

16 GSF CPO 58k with 5 years of Lexus bumper to bumper warranty with the 60k service done, new tires, new brakes and rotors and battery for $45,999. Car was the color combo I wanted and had an impeccable service record. Drives and looks like new. It even qualified at 2.99%.
This is exactly what I'm looking for. Excellent buy! I have a GS350 F-Sport and am ready for the V8 upgrade.
The following users liked this post:
UZ214 (06-25-19)
Old 06-25-19, 12:22 PM
  #12  
flowrider
Lexus Champion
iTrader: (9)
 
flowrider's Avatar
 
Join Date: Nov 2008
Location: Arizona
Posts: 10,502
Received 1,896 Likes on 1,337 Posts
Default

Originally Posted by lobuxracer
We paid $66.1k on an $87k sticker in October of 2016 for brand new. If they'e still in the mid-$40k range, I think we made out big time.
WOW 24%! I'll say you did

Lou
The following users liked this post:
Dukeaudio (06-25-19)
Old 06-25-19, 02:41 PM
  #13  
UZ214
Pole Position
 
UZ214's Avatar
 
Join Date: Sep 2006
Location: DE
Posts: 2,661
Received 221 Likes on 163 Posts
Default

They are keeping their values, I mean look at isf
Originally Posted by flowrider
WOW 24%! I'll say you did

Lou
Old 07-26-19, 01:08 PM
  #14  
Garetgg
Driver School Candidate
 
Garetgg's Avatar
 
Join Date: Jul 2019
Location: Ia
Posts: 4
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by flowrider
WOW 24%! I'll say you did

Lou
Where did you purchase..the dealership near me wanted MSRP and said there getting it. Wanted 61.5k otd for a 16 with 14kmi. Wasn't even super clean...had chunks out of rims and tires on one side...and the gas cap cover wasn't sitting flush.
Old 07-26-19, 03:43 PM
  #15  
kukudm
Pit Crew
 
kukudm's Avatar
 
Join Date: Jan 2017
Location: CA
Posts: 227
Received 67 Likes on 42 Posts
Default

It's all supply and demand and little bit of luck. I think right now the supply is not very high, especially the CPO's, hard to negotiate good prices on those.
The following users liked this post:
finny76 (07-27-19)


Quick Reply: Where is the sweet spot for buying a used GS-F (next two years)?



All times are GMT -7. The time now is 11:56 PM.