IS F (2008-2014) Discussion topics related to the IS F model

Price on a 2008 IS-F With only 5,000 Miles??

Thread Tools
 
Search this Thread
 
Old 07-22-12 | 07:11 PM
  #1  
daniel3ooo's Avatar
daniel3ooo
Thread Starter
Pole Position
iTrader: (3)
 
Joined: Dec 2006
Posts: 294
Likes: 0
From: CA
Default Price on a 2008 IS-F With only 5,000 Miles??

Hey guys,

I was offered an 08 ISF with just under 5,000 miles on the odometer for $45,000.

It is a private party and it seems like the guy is pretty well off. As you might expect he has a few cars and never drove the ISF much.


What would you guys pay for this car? Is 45k a good price? It is Black with the Alpine White seats, with Navigation, front and rear sensors.


Thanks
Old 07-22-12 | 07:20 PM
  #2  
Autobacs's Avatar
Autobacs
Lead Lap
iTrader: (1)
 
Joined: Feb 2007
Posts: 594
Likes: 23
From: WA
Default

It's a premium price for a premium car.

You will be hard pressed to find an 08 wih 5K miles which I'm assuming is in mint condition regardless of what you or anybody else thinks of the price.
Old 07-22-12 | 07:25 PM
  #3  
vbb's Avatar
vbb
Moderator
iTrader: (3)
 
Joined: Jul 2012
Posts: 1,679
Likes: 198
From: VA
Default

Assuming the car and the Carfax checks out, I think $45K is priced just about right.
Old 07-22-12 | 08:45 PM
  #4  
aWorkOfArt's Avatar
aWorkOfArt
Lexus Test Driver
 
Joined: Feb 2012
Posts: 1,332
Likes: 4
From: Guam
Default

Sounds like a good deal if the asking price is already including the tax so you wouldnt be needing to pay much to register... If it isnt, see if he can factor it in so it would be included in the loan and you wouldnt have to pay outta pocket for that... GL on your purchase bro!
Old 07-22-12 | 08:49 PM
  #5  
Ascari_2's Avatar
Ascari_2
Advanced
 
Joined: Sep 2001
Posts: 515
Likes: 19
From: IL
Default

My 08 had 11k miles back in April and the purchase price was a little north of 43. I was willing to pay a little extra since I wanted USB. So if the car is what you are looking for, the asking price is not out of the ballpark.
Old 07-22-12 | 10:49 PM
  #6  
flowrider's Avatar
flowrider
Lexus Champion
iTrader: (9)
 
Joined: Nov 2008
Posts: 10,651
Likes: 1,970
From: Arizona
Default

IMHO, the asking price is correct. Before I retired I was a Supply Chain Manager (Subcontracts Manager) or a glorified buyer. The goal of every purchase is a win/win for both the buyer and the seller. Sounds like the deal you were offered was from a private party and the deal sounds like a win/win to me. Go for it If you wanted the seller to do anything, you could ask him to give you two bill of sales, one listing a lower sales price that you could present to the DMV so that your sales tax bite would be lower. I defently would not ask him to absorb any sales tax in the sale price to you. Just my opinion.

Lou

Last edited by flowrider; 07-22-12 at 10:54 PM.
Old 07-23-12 | 02:56 PM
  #7  
s4play's Avatar
s4play
Lexus Champion
iTrader: (2)
 
Joined: Oct 2002
Posts: 2,394
Likes: 8
From: California
Default

Fair price for a low mileage gem! You can never argue if you know the history of the car and it's previous owner. To me those are worth the $$$.

I sold my IS-F for a premium, many thought it was too much but who cares since they are not the buyers. As long as buyer/seller are happy then it's a win.
Old 07-23-12 | 06:09 PM
  #8  
bnizzle87's Avatar
bnizzle87
Lexus Fanatic
 
Joined: Jul 2009
Posts: 5,595
Likes: 60
From: CA
Default

That's pretty low mileage on an '08. Definitely have an inspection to make sure there might not be some sudden maintenance fix after you get it. For $45k, that's a pretty sweet deal. Best of luck!
Old 07-23-12 | 06:42 PM
  #9  
anxiouz's Avatar
anxiouz
Lead Lap
iTrader: (9)
 
Joined: Jan 2012
Posts: 605
Likes: 0
From: CA
Default

Even with low miles don't forget that it's been doing a lot of sitting. That's definitely better than someone flogging it at a track...but depreciation is depreciation.

That's a nice price for the mileage for sure though and if you dig it I would go for it. But for just a little more you can get a '10 or '11 (with more miles) but more warranty coverage and LED headlights, LSD, etc. if those things matter to you.

If it was me and the price was the same, I would go newer over less miles on an 08.
Old 07-23-12 | 07:27 PM
  #10  
tomkirklan's Avatar
tomkirklan
Driver
iTrader: (2)
 
Joined: Apr 2009
Posts: 163
Likes: 0
From: MD
Default

Back in November I paid 39 for an 08 with 8k miles. But it had a few flaws that annoyed me which cost about $3k to fix.
Old 07-23-12 | 07:46 PM
  #11  
JrBully's Avatar
JrBully
Driver
iTrader: (1)
 
Joined: Jun 2012
Posts: 130
Likes: 0
From: Lancaster Ca
Default

I agree with everyone else 45K for an 08 with low miles is a good deal. GLWP.
Old 07-23-12 | 07:56 PM
  #12  
daniel3ooo's Avatar
daniel3ooo
Thread Starter
Pole Position
iTrader: (3)
 
Joined: Dec 2006
Posts: 294
Likes: 0
From: CA
Default

Originally Posted by anxiouz
Even with low miles don't forget that it's been doing a lot of sitting. That's definitely better than someone flogging it at a track...but depreciation is depreciation.

That's a nice price for the mileage for sure though and if you dig it I would go for it. But for just a little more you can get a '10 or '11 (with more miles) but more warranty coverage and LED headlights, LSD, etc. if those things matter to you.

If it was me and the price was the same, I would go newer over less miles on an 08.
That is exactly what is keeping me from purchasing it at this moment, that and the fact that 45k is my budget. I see a few 2010's on autotrader right around 45k and I really like the new nav, LSD, and actually love the black Navigation button as opposed to the grey ones in the 08s..
Old 07-23-12 | 10:12 PM
  #13  
Autobacs's Avatar
Autobacs
Lead Lap
iTrader: (1)
 
Joined: Feb 2007
Posts: 594
Likes: 23
From: WA
Default

Well you gotta know what you want. You asked if 45K was a good price and the consensus is yes.

Used cars are just that. Very hard to get exactly what you want. If you want a newer one then there is no point on how good of a deal it is if an 08 is NOT what you want.
Old 07-24-12 | 12:48 AM
  #14  
Valkirk's Avatar
Valkirk
Driver
 
Joined: Dec 2011
Posts: 174
Likes: 0
From: UK
Default

Originally Posted by daniel3ooo
That is exactly what is keeping me from purchasing it at this moment, that and the fact that 45k is my budget. I see a few 2010's on autotrader right around 45k and I really like the new nav, LSD, and actually love the black Navigation button as opposed to the grey ones in the 08s..
I would use that as a negotiation point if you want the car, you would lose the LSD and newer Nav etc

I would go newer as sometimes it's almost as bad for a car to not move much (unless it's been kept in some special storage)
Old 07-24-12 | 02:22 AM
  #15  
jkeifer3's Avatar
jkeifer3
Lexus Test Driver
 
Joined: Aug 2005
Posts: 1,049
Likes: 7
From: VA
Default

It's probably a good price but, having owned an '08, I'd opt for a newer version with LSD, better suspension, etc.



All times are GMT -7. The time now is 12:45 PM.