LS - 3rd Gen (2001-2006) Discussion topics related to the flagship Lexus LS430

Used Prices LS430 down LS460 up?

Thread Tools
 
Search this Thread
 
Old 05-26-09, 12:30 PM
  #1  
BlackUltra
Pole Position
Thread Starter
 
BlackUltra's Avatar
 
Join Date: Dec 2008
Location: Georgia
Posts: 263
Likes: 0
Received 0 Likes on 0 Posts
Post Used Prices LS430 down LS460 up?

I test drove an 07 LS460 this weekend with 42k miles. It was $52K and I was offered $25k (later upped to $28.5k) for my cherry 06 LS430UL with 41K miles and still under warranty. (KBB says my trade-in value is at least $30K and Retail $38k)

According to the sales manager in the last few months the bottom has fallen out of the LS430 market. He says the used LS460 is in demand and have been selling they become available.

I have been noticing that some LS430's have been hanging around the local lots and LS460's when they appear are not lasting long. Is this the beginning of a "shift" in the Market? If so, patience for all those looking for a cherry LS430 that has been taken in trade for a LS460.

Anyone else hear anything like this or is the Sales Manager just giving me the business so he gets a better deal, i.e. less for my car and more for his?

If anyone has been looking for a05 LS430UL Blk/Tan with 47K miles there is one in ATL that this sales manager says "he has a load of money in and is certified". He's marked it down from $33.9k to $30.9k and may go lower.
Old 05-26-09, 12:33 PM
  #2  
mikemareen
Lexus Test Driver
 
mikemareen's Avatar
 
Join Date: Apr 2006
Location: southern cali, san gabriel valley
Posts: 1,402
Likes: 0
Received 1 Like on 1 Post
Default

older body style equals less money.

personally, with the LS460 breathing down it's neck, I wouldn't pay more than 25K for any ucf30-31 in any year range.

at the 30k+ range, you can get a mint sexual beast called the benz CLS 2006+
Old 05-26-09, 01:07 PM
  #3  
BlackUltra
Pole Position
Thread Starter
 
BlackUltra's Avatar
 
Join Date: Dec 2008
Location: Georgia
Posts: 263
Likes: 0
Received 0 Likes on 0 Posts
Default

Sorry, but the 2007 LS460 even though it is a great car has a few bugs to be worked out in order to get to the 01-06 LS430 level. Things like wind noise from the side mirrors and fuel rail replacement have surfaced and it is any wonder what lies down the road. Driving my tried and true LS430 will satisfy me for now and keep me from buying an early 07-09 ls460 any time soon.

As far as your benz CLS 2006+ good luck on the maintenance costs. Hope you don't need to take out a second mortgage.
Old 05-26-09, 01:59 PM
  #4  
mikemareen
Lexus Test Driver
 
mikemareen's Avatar
 
Join Date: Apr 2006
Location: southern cali, san gabriel valley
Posts: 1,402
Likes: 0
Received 1 Like on 1 Post
Default

it's called a "factory warranty" , and there are some with extended CPO warranty.

give me 1 year factory / cpo warranty and I'll gladly take my chances with the exciting sexual CLS.



Originally Posted by BlackUltra
Sorry, but the 2007 LS460 even though it is a great car has a few bugs to be worked out in order to get to the 01-06 LS430 level. Things like wind noise from the side mirrors and fuel rail replacement have surfaced and it is any wonder what lies down the road. Driving my tried and true LS430 will satisfy me for now and keep me from buying an early 07-09 ls460 any time soon.

As far as your benz CLS 2006+ good luck on the maintenance costs. Hope you don't need to take out a second mortgage.
Old 05-26-09, 06:01 PM
  #5  
BlackUltra
Pole Position
Thread Starter
 
BlackUltra's Avatar
 
Join Date: Dec 2008
Location: Georgia
Posts: 263
Likes: 0
Received 0 Likes on 0 Posts
Default

Ok, just started this thread to help some of the guys out there that are shopping around for the best deal save some hard earned cash.

Don't know what that has to do with your exciting sexual cls but thanks for commenting.

By the way is your name ref to USMC?
Old 05-26-09, 06:06 PM
  #6  
AlexusAnja
Lead Lap
 
AlexusAnja's Avatar
 
Join Date: Mar 2006
Location: NY/NJ
Posts: 4,178
Received 7 Likes on 7 Posts
Default

CLS is that "coupe" sedan thing right? The biggest turd mobile out there. I'd take the standard S class over that lump any day. Just MHO.
Old 05-26-09, 06:09 PM
  #7  
BlackUltra
Pole Position
Thread Starter
 
BlackUltra's Avatar
 
Join Date: Dec 2008
Location: Georgia
Posts: 263
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by AlexusAnja
CLS is that "coupe" sedan thing right? The biggest turd mobile out there. I'd take the standard S class over that lump any day. Just MHO.
It looks like a roach beetle.
Old 05-26-09, 06:17 PM
  #8  
AlexusAnja
Lead Lap
 
AlexusAnja's Avatar
 
Join Date: Mar 2006
Location: NY/NJ
Posts: 4,178
Received 7 Likes on 7 Posts
Default

BlackUltra, you're that "old" dude that recently got the LS430 down in Georgia right? You're looking to off load it already? I wouldn't trade my LS430 for a LS460, maybe the next LS500 or something, but not this current generation LS. Just looks like a bloated ES up front and a bad Camry (which is already bad) out back. Again, MHO.
Old 05-26-09, 06:21 PM
  #9  
BlackUltra
Pole Position
Thread Starter
 
BlackUltra's Avatar
 
Join Date: Dec 2008
Location: Georgia
Posts: 263
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by AlexusAnja
BlackUltra, you're that "old" dude that recently got the LS430 down in Georgia right? You're looking to off load it already? I wouldn't trade my LS430 for a LS460, maybe the next LS500 or something, but not this current generation LS. Just looks like a bloated ES up front and a bad Camry (which is already bad) out back. Again, MHO.
Yep, I'm fixin to retire and will be doing some serious driving. Just testing the waters and found out that it is dang near impossible to duplicate the total LS430 Ultra Package in the LS460. So I will be holding on to my LS for awhile.
Old 05-26-09, 06:24 PM
  #10  
BlackUltra
Pole Position
Thread Starter
 
BlackUltra's Avatar
 
Join Date: Dec 2008
Location: Georgia
Posts: 263
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by mikemareen
it's called a "factory warranty" , and there are some with extended CPO warranty.

give me 1 year factory / cpo warranty and I'll gladly take my chances with the exciting sexual CLS.
Seriously the cls is everything you say it is however I have a need for a comfortable backseat.
Old 05-26-09, 06:56 PM
  #11  
AlexusAnja
Lead Lap
 
AlexusAnja's Avatar
 
Join Date: Mar 2006
Location: NY/NJ
Posts: 4,178
Received 7 Likes on 7 Posts
Default Excellent point

Originally Posted by BlackUltra
Yep, I'm fixin to retire and will be doing some serious driving. Just testing the waters and found out that it is dang near impossible to duplicate the total LS430 Ultra Package in the LS460. So I will be holding on to my LS for awhile.
Exactly. Take for example the rear door sunshades. To get that option, you have to get the upgrade rear seat 'executive' package, which takes away the center seat, so you end up only having a four seat car. What if I want that center seat? The LS430 UL trim gives you the goodies, but folds away when not needed.

Just too many sacrafices on interior and exterior with the 460 that turns me off. Besides of course the higher price point at this time... ha ha.

Hey, if 460 demand are going up, causing 430 prices to fall, then that just means better deals for those that really want the 430, which is probably the best overall LS thus far.
Old 05-26-09, 07:58 PM
  #12  
I6turbo
Lexus Test Driver
iTrader: (1)
 
I6turbo's Avatar
 
Join Date: Jun 2005
Location: FL
Posts: 1,595
Likes: 0
Received 22 Likes on 19 Posts
Default

Originally Posted by mikemareen
...the exciting sexual CLS.
LOL Sure isn't that exciting to me, and certainly not sexual, looks wise or performance wise. My wife likes MB's so I've driven the CLS 55 and the CLS 550 on occasions, thinking of possibly getting one. Just aren't that special, IMO. Of course they're more money, but I'd take an S550 with the sport package any day over a CLS -- the S550 Sport is one MB I might be willing to give another chance after swearing off MB's due to unreliability. The '07 with Sport Package is the most impressive luxury car I've ever driven, hands down. And that includes the 460L.

RE: 460's they seem to be starting in the mid 40's now, which is a continuation of the gradual drop that I've been seeing for the past 4 months or more. Also, the mid/upper 40's is about where the '07 S550's start now too, but that means they've depreciated about $50-55K already! :eek:

Last edited by I6turbo; 05-26-09 at 08:02 PM.
Old 05-26-09, 09:39 PM
  #13  
BNR34
Lexus Fanatic
iTrader: (1)
 
BNR34's Avatar
 
Join Date: Oct 2002
Location: So Cal
Posts: 6,858
Likes: 0
Received 26 Likes on 23 Posts
Default

Originally Posted by BlackUltra
Anyone else hear anything like this or is the Sales Manager just giving me the business so he gets a better deal, i.e. less for my car and more for his?
The Sales Manager was just doing his job, saying whatever it takes for him to make the most money.
Old 05-26-09, 10:27 PM
  #14  
mikemareen
Lexus Test Driver
 
mikemareen's Avatar
 
Join Date: Apr 2006
Location: southern cali, san gabriel valley
Posts: 1,402
Likes: 0
Received 1 Like on 1 Post
Default

I take what I said back, I wouldn't pay more than 20k for any 04 to 06 ucf3x.

there are a whole bunch of them on cars.com in the 20k to 25k range.
Old 05-26-09, 11:36 PM
  #15  
Ay-nako
Stop the Copy!
iTrader: (25)
 
Ay-nako's Avatar
 
Join Date: Jul 2005
Location: NV
Posts: 4,862
Received 115 Likes on 54 Posts
Default

Originally Posted by mikemareen
I take what I said back, I wouldn't pay more than 20k for any 04 to 06 ucf3x.

there are a whole bunch of them on cars.com in the 20k to 25k range.
Haha c'mon guys go back on topic of the ls430/460 pricing!


Quick Reply: Used Prices LS430 down LS460 up?



All times are GMT -7. The time now is 04:43 AM.