Maybe about to buy '02 high mileage IS300... Would like some input!
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Hi everyone, this weekend while researching the IS300 after coming to the conclusion that this is probably the car for me, I came across this site. You guys (and girls!) are probably the best Lexus site I've found for information about the car! Thanks for that.
Anyway, I am looking into getting a 2002 IS300 this coming weekend and would like to hear your thoughts. Like I said, I am glad I found this forum, learning about the very few common problems that this car has (CD Player, O2 sensors... anything else?). The car I am looking into getting is an automatic that has about 108,000 miles on it and I checked the Carfax and it has been in one minor accident (Damage to left front pillar) which I cannot even tell from looking at the car. Interior is in great condition, I still need to test drive it though.
Anyway, the dealer has the car listed for $11,999 and I'm hoping to get an out-the-door price of maybe $12 - $12,400 or less (dealer has a ridiculous "dealer fee" of around $600, not to mention tax which would put it around $13,400). I don't think the timing belt has been replaced, which I have seen people around here say should be done at 90k miles.
So, would I be reasonable to make an offer in this range? I didn't want to make one until I was definitely sure I wanted to buy.
Thanks!
Anyway, I am looking into getting a 2002 IS300 this coming weekend and would like to hear your thoughts. Like I said, I am glad I found this forum, learning about the very few common problems that this car has (CD Player, O2 sensors... anything else?). The car I am looking into getting is an automatic that has about 108,000 miles on it and I checked the Carfax and it has been in one minor accident (Damage to left front pillar) which I cannot even tell from looking at the car. Interior is in great condition, I still need to test drive it though.
Anyway, the dealer has the car listed for $11,999 and I'm hoping to get an out-the-door price of maybe $12 - $12,400 or less (dealer has a ridiculous "dealer fee" of around $600, not to mention tax which would put it around $13,400). I don't think the timing belt has been replaced, which I have seen people around here say should be done at 90k miles.
So, would I be reasonable to make an offer in this range? I didn't want to make one until I was definitely sure I wanted to buy.
Thanks!
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Oh yeah, I have also heard the fuel efficiency on these cars is not great, but I don't think that will be a big problem for me. I currently drive an old automatic '89 Acura Legend, which I think is only supposed to get like 19mpg, but I could be wrong. I'm seeing people say that the IS300 gets about 22mpg, correct?
So yeah... input needed! I've looked around and seen these topics been done to death, sorry to add another one to the list but any opinions will be helpful. Oh yeah, the car is graphite gray pearl, with tan interior (I would have preferred the dark interior, but I guess you can't have everything!).
So yeah... input needed! I've looked around and seen these topics been done to death, sorry to add another one to the list but any opinions will be helpful. Oh yeah, the car is graphite gray pearl, with tan interior (I would have preferred the dark interior, but I guess you can't have everything!).
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According to Kelley Blue Book (http://www.kbb.com), the private party value for a base 2002 IS in good condition in Florida is $12,380.
BTW, 22.75MPG is about the best Ive gotten on a long trip, even with intake and exhaust done. Although I rarely drive under 80. If you baby it, you can probably get a little better. Good luck on your search. I spent about a month looking all over southern California for the exact car I wanted. Take your time and make sure you get something you'll be happy with.
BTW, 22.75MPG is about the best Ive gotten on a long trip, even with intake and exhaust done. Although I rarely drive under 80. If you baby it, you can probably get a little better. Good luck on your search. I spent about a month looking all over southern California for the exact car I wanted. Take your time and make sure you get something you'll be happy with.
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According to Kelley Blue Book (http://www.kbb.com), the private party value for a base 2002 IS in good condition in Florida is $12,380.
BTW, 22.75MPG is about the best Ive gotten on a long trip, even with intake and exhaust done. Although I rarely drive under 80. If you baby it, you can probably get a little better. Good luck on your search. I spent about a month looking all over southern California for the exact car I wanted. Take your time and make sure you get something you'll be happy with.
BTW, 22.75MPG is about the best Ive gotten on a long trip, even with intake and exhaust done. Although I rarely drive under 80. If you baby it, you can probably get a little better. Good luck on your search. I spent about a month looking all over southern California for the exact car I wanted. Take your time and make sure you get something you'll be happy with.
dang i guess IS300 on ur side is cheap... ova here in hawaii its about 17k for base model in good condition....
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It may be too late now but I just joined the forum today.
We have a 2002 IS Automatic with about 65K miles.
We have only had one repair and that was under warranty on replacing a bad O2 sensor. Other than that, no problems ever. Just routine maintanance that I handle or have my mechanic handle. I don't do the high dollar dealer maint. programs.
I'm getting ready to do my first brake job soon and radiator flush. I did a transmission flush at 35000 and will do another in a few months.
In conclusion I think this is a well built car and like most Toyota products, relatively trouble free.
But like most highend imports - if there is trouble, expect to pay a premium on parts and repairs.
We have a 2002 IS Automatic with about 65K miles.
We have only had one repair and that was under warranty on replacing a bad O2 sensor. Other than that, no problems ever. Just routine maintanance that I handle or have my mechanic handle. I don't do the high dollar dealer maint. programs.
I'm getting ready to do my first brake job soon and radiator flush. I did a transmission flush at 35000 and will do another in a few months.
In conclusion I think this is a well built car and like most Toyota products, relatively trouble free.
But like most highend imports - if there is trouble, expect to pay a premium on parts and repairs.
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well I just baught an 03 with 59k miles on it. Car looks and drives like it came straight out of the showroom floor. I went to lexus today to get the service records the only major work done so far was the rear main seal. A friend had warned me about that already, so I'm glad it's already been done. I know someone with 167k still on the stock T.belt. I plan on changing the bel real soon though.
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I like my IS (2001). It has pep and is fun to drive. I don't think it is worth what I paid for it though (new).
Here are some recent IS prices: http://www.pricehub.com/price/Lexus/IS300
Here are some recent IS prices: http://www.pricehub.com/price/Lexus/IS300
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I'm thinking about a IS myself; either that or a 3 series. But the price you were quoted is about right.
http://www.edmunds.com/used/2002/lex...tion=vdpresult
This is for WPB and I guessed on the options but I bet it's pretty close. By the way, where did you find the car? Good luck.
http://www.edmunds.com/used/2002/lex...tion=vdpresult
This is for WPB and I guessed on the options but I bet it's pretty close. By the way, where did you find the car? Good luck.