Tradein Value 2002 LS430 UL with 30K mi
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Tradein Value 2002 LS430 UL with 30K mi
Anyone know Club Lexus car dealer!
I went to a dealer here in Los Angeles (no names). We tried to get a price worked out on a 2004 RX330. I wanted to trade my 2002 LS430 UL with 30,000 miles.
The dealer gave me a good price on the new purchase. But only offered me $46,000 for my tradein. Can you believe that. This from a dealer that we purchased 2 GS300's , and my LS430. I deserve better treatment than that.
I pointed out to the dealer that he has the same exact color and option car, (same miles) sitting in his used car lot for $58,900. Even if that clown offered me $53,000 I would have done the deal.
Anyone one know good dealers in Los Angeles???
I know there is a guy named "Will" at Longo ...but when I called they told me he is no longer here.
Help me please !!!!
e-mail me directly at: vipermann1@yahoo.com
I went to a dealer here in Los Angeles (no names). We tried to get a price worked out on a 2004 RX330. I wanted to trade my 2002 LS430 UL with 30,000 miles.
The dealer gave me a good price on the new purchase. But only offered me $46,000 for my tradein. Can you believe that. This from a dealer that we purchased 2 GS300's , and my LS430. I deserve better treatment than that.
I pointed out to the dealer that he has the same exact color and option car, (same miles) sitting in his used car lot for $58,900. Even if that clown offered me $53,000 I would have done the deal.
Anyone one know good dealers in Los Angeles???
I know there is a guy named "Will" at Longo ...but when I called they told me he is no longer here.
Help me please !!!!
e-mail me directly at: vipermann1@yahoo.com
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Re: Tradein Value 2002 LS430 UL with 30K mi
What was the response from them when you told them that?
Originally posted by vipermann1
I pointed out to the dealer that he has the same exact color and option car, (same miles) sitting in his used car lot for $58,900. Even if that clown offered me $53,000 I would have done the deal.
I pointed out to the dealer that he has the same exact color and option car, (same miles) sitting in his used car lot for $58,900. Even if that clown offered me $53,000 I would have done the deal.
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Average wholesale on a 2002 LS430 UL is $44,500.00 and that's with 24k miles. ALL new cars take their biggest hit the first year. I know it sucks but, that's just the way it is. Btw, average wholesale reflects what the dealer can purchase the vehicle for at an auction. I know, I used to be a New car manager for the largest GM dealership in Chicago. I bought my 2002 LS430 for under $40,000.00 with only 6,000 miles on it from an 80 year old man who had no concept of what it was worth.
#5
You can easily get several thousands more if you sell it yourself. I have used the Autotrader on-line and it was cheap and worked pretty well. I sold my 1998 MB E300 for $3900 more than what the dealer had offered.
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But what's a fair profit ! ! ! Give me your opinion!!
As I mentioned earlier, the dealer offered my only about $47,000, but had the same car on the lot for about $58,900.
Assuming I am a good buyer of used cars, I would offer the dealer $56,000.
So the daler is making about $9,000 profit.
Again, assuming the dealer took my car as tradein at $53,000 ...he still made about $3,000 on the sale.
What to dealers have to say about it? ....that's not enought profit. (They need more).
But when you want to buy a new car ..dealers day .."I'll sell you the car about $500 over invoice or over $300 invoice, etc ....
Oh ..so it's OK for them to make $500 when selling the new car (I know about the holdback of 2-3%).... but thay want to make several thousand on the sale of a used car.
Come on ...for a person who purchased 3 cars from the same dealer and same salesperson ..the dealer can do better than that.
** Come on guys ..I want your opinions and feedback *****
Assuming I am a good buyer of used cars, I would offer the dealer $56,000.
So the daler is making about $9,000 profit.
Again, assuming the dealer took my car as tradein at $53,000 ...he still made about $3,000 on the sale.
What to dealers have to say about it? ....that's not enought profit. (They need more).
But when you want to buy a new car ..dealers day .."I'll sell you the car about $500 over invoice or over $300 invoice, etc ....
Oh ..so it's OK for them to make $500 when selling the new car (I know about the holdback of 2-3%).... but thay want to make several thousand on the sale of a used car.
Come on ...for a person who purchased 3 cars from the same dealer and same salesperson ..the dealer can do better than that.
** Come on guys ..I want your opinions and feedback *****
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