Is this a great deal or what???
#1
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Is this a great deal or what???
Found a 2009 Lexus IS250 AWD with 43,778 miles on it going for $25,997.
Here are more details on the car.
White exterior/ecru interior
ML audio system with Nav
Luxury plus package
Premium package.
Just spoke to the dealer and he is willing to come down to $24,500 for the car. The car has a squeaky clean carfax report and all the required maintenance has been done till date.
Should I pull the trigger or is the 40k plus miles something to be worried about. Thanks a lot.
Here are more details on the car.
White exterior/ecru interior
ML audio system with Nav
Luxury plus package
Premium package.
Just spoke to the dealer and he is willing to come down to $24,500 for the car. The car has a squeaky clean carfax report and all the required maintenance has been done till date.
Should I pull the trigger or is the 40k plus miles something to be worried about. Thanks a lot.
#3
Racer
iTrader: (2)
Start here, check the car for all the common issues listed: https://www.clublexus.com/forums/is-...e-threads.html
Based on this Autotrader search, it's an OK deal but far from stellar: http://www.autotrader.com/fyc/search...=1328115900342
Here are some listings I found with that quick search, they're all 2009 IS250 AWD:
http://www.autotrader.com/fyc/vdp.js...standard=false
$25k, CPO, 31k miles
http://www.autotrader.com/fyc/vdp.js...standard=false
$24.9k, nav, 22k miles
http://www.autotrader.com/fyc/vdp.js...standard=false
$25k, CPO nav, lux package?, 55k miles
http://www.autotrader.com/fyc/vdp.js...standard=false
$25k, CPO, 37k miles
http://www.autotrader.com/fyc/vdp.js...standard=false
$24k, CPO, 54k miles
http://www.autotrader.com/fyc/vdp.js...standard=false
$23k, CPO, 36k miles
Those were just a few I grabbed from a quick search. There may of course be differences in packages listed, but overall I think it's clear there's a very high likelihood of finding a similar car at the same or lower price that's CPO, which adds $1000-2000 to the price of a car generally. The CPO warranty can be hugely valuable on a car that's just out of or about to go out of warranty, like the one you're looking at.
If I were you, I'd hold out for a car that's CPO at that price. Or, if you like that car a lot, go for it, but negotiate them down further by showing them comps pulled from Cars.com and Autotrader for CPO cars at that price.
Based on this Autotrader search, it's an OK deal but far from stellar: http://www.autotrader.com/fyc/search...=1328115900342
Here are some listings I found with that quick search, they're all 2009 IS250 AWD:
http://www.autotrader.com/fyc/vdp.js...standard=false
$25k, CPO, 31k miles
http://www.autotrader.com/fyc/vdp.js...standard=false
$24.9k, nav, 22k miles
http://www.autotrader.com/fyc/vdp.js...standard=false
$25k, CPO nav, lux package?, 55k miles
http://www.autotrader.com/fyc/vdp.js...standard=false
$25k, CPO, 37k miles
http://www.autotrader.com/fyc/vdp.js...standard=false
$24k, CPO, 54k miles
http://www.autotrader.com/fyc/vdp.js...standard=false
$23k, CPO, 36k miles
Those were just a few I grabbed from a quick search. There may of course be differences in packages listed, but overall I think it's clear there's a very high likelihood of finding a similar car at the same or lower price that's CPO, which adds $1000-2000 to the price of a car generally. The CPO warranty can be hugely valuable on a car that's just out of or about to go out of warranty, like the one you're looking at.
If I were you, I'd hold out for a car that's CPO at that price. Or, if you like that car a lot, go for it, but negotiate them down further by showing them comps pulled from Cars.com and Autotrader for CPO cars at that price.
#4
I dont see how thats a good deal either....
http://www.cars.com/go/search/detail...nal&listType=1
http://www.cars.com/go/search/detail...nal&listType=1
http://www.cars.com/go/search/detail...nal&listType=1
http://www.cars.com/go/search/detail...nal&listType=1
http://www.cars.com/go/search/detail...nal&listType=1
http://www.cars.com/go/search/detail...nal&listType=1
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#10
Racer
iTrader: (2)
This is where you'll have to weigh the relative importance to you of the different aspects of the car. Not only the options it has, but also things like color, wheels, and whether it's CPO or not. Some aspects will be more important to you and others you won't care about.
Put bluntly, I do not think the simple fact that this car has ML makes it a good deal. The comps above show you can get a 2009 IS250 AWD with almost the same options at even lower mileage for the same or slightly lower price AND Certified. I have to believe that for 90% of buyers, a CPO warranty is more valuable than having the ML option.
So keep this in mind as you're searching. I would have liked to have gotten a car with ML, however a car came along with all the aspects I cared most about (black, tan interior, luxury package, low miles, CPO) at the right price, so I chose that. Is having ML worth forgoing lower miles and a Certified warranty?
#11
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Start here, check the car for all the common issues listed: https://www.clublexus.com/forums/is-...e-threads.html
Based on this Autotrader search, it's an OK deal but far from stellar: http://www.autotrader.com/fyc/search...=1328115900342
Here are some listings I found with that quick search, they're all 2009 IS250 AWD:
http://www.autotrader.com/fyc/vdp.js...standard=false
$25k, CPO, 31k miles
http://www.autotrader.com/fyc/vdp.js...standard=false
$24.9k, nav, 22k miles
http://www.autotrader.com/fyc/vdp.js...standard=false
$25k, CPO nav, lux package?, 55k miles
http://www.autotrader.com/fyc/vdp.js...standard=false
$25k, CPO, 37k miles
http://www.autotrader.com/fyc/vdp.js...standard=false
$24k, CPO, 54k miles
http://www.autotrader.com/fyc/vdp.js...standard=false
$23k, CPO, 36k miles
Those were just a few I grabbed from a quick search. There may of course be differences in packages listed, but overall I think it's clear there's a very high likelihood of finding a similar car at the same or lower price that's CPO, which adds $1000-2000 to the price of a car generally. The CPO warranty can be hugely valuable on a car that's just out of or about to go out of warranty, like the one you're looking at.
If I were you, I'd hold out for a car that's CPO at that price. Or, if you like that car a lot, go for it, but negotiate them down further by showing them comps pulled from Cars.com and Autotrader for CPO cars at that price.
Based on this Autotrader search, it's an OK deal but far from stellar: http://www.autotrader.com/fyc/search...=1328115900342
Here are some listings I found with that quick search, they're all 2009 IS250 AWD:
http://www.autotrader.com/fyc/vdp.js...standard=false
$25k, CPO, 31k miles
http://www.autotrader.com/fyc/vdp.js...standard=false
$24.9k, nav, 22k miles
http://www.autotrader.com/fyc/vdp.js...standard=false
$25k, CPO nav, lux package?, 55k miles
http://www.autotrader.com/fyc/vdp.js...standard=false
$25k, CPO, 37k miles
http://www.autotrader.com/fyc/vdp.js...standard=false
$24k, CPO, 54k miles
http://www.autotrader.com/fyc/vdp.js...standard=false
$23k, CPO, 36k miles
Those were just a few I grabbed from a quick search. There may of course be differences in packages listed, but overall I think it's clear there's a very high likelihood of finding a similar car at the same or lower price that's CPO, which adds $1000-2000 to the price of a car generally. The CPO warranty can be hugely valuable on a car that's just out of or about to go out of warranty, like the one you're looking at.
If I were you, I'd hold out for a car that's CPO at that price. Or, if you like that car a lot, go for it, but negotiate them down further by showing them comps pulled from Cars.com and Autotrader for CPO cars at that price.
Those cars you pulled are not really comp's to what I have. the cheaper ones up there have no nav, and if they do, its just basic, no luxury pkg or ML system
#12
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thanks. what packages came with your car? premium, sport or luxury?
#13
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It's pretty clear from the above Autotrader search that there are lots of cars out there that have lower miles for a lower price and quite a few that are CPO. However, the options may not match this car exactly. This particular car appears to be fairly highly optioned, and when you use comps to negotiate the purchase price down with your dealer, he'll likely use the options to explain why they're not comparable.
This is where you'll have to weigh the relative importance to you of the different aspects of the car. Not only the options it has, but also things like color, wheels, and whether it's CPO or not. Some aspects will be more important to you and others you won't care about.
Put bluntly, I do not think the simple fact that this car has ML makes it a good deal. The comps above show you can get a 2009 IS250 AWD with almost the same options at even lower mileage for the same or slightly lower price AND Certified. I have to believe that for 90% of buyers, a CPO warranty is more valuable than having the ML option.
So keep this in mind as you're searching. I would have liked to have gotten a car with ML, however a car came along with all the aspects I cared most about (black, tan interior, luxury package, low miles, CPO) at the right price, so I chose that. Is having ML worth forgoing lower miles and a Certified warranty?
This is where you'll have to weigh the relative importance to you of the different aspects of the car. Not only the options it has, but also things like color, wheels, and whether it's CPO or not. Some aspects will be more important to you and others you won't care about.
Put bluntly, I do not think the simple fact that this car has ML makes it a good deal. The comps above show you can get a 2009 IS250 AWD with almost the same options at even lower mileage for the same or slightly lower price AND Certified. I have to believe that for 90% of buyers, a CPO warranty is more valuable than having the ML option.
So keep this in mind as you're searching. I would have liked to have gotten a car with ML, however a car came along with all the aspects I cared most about (black, tan interior, luxury package, low miles, CPO) at the right price, so I chose that. Is having ML worth forgoing lower miles and a Certified warranty?
I managed to get the dealer down to $24000 and apparently thats the best he can do. I doubt I'll find a better deal than this anytime soon.