What would you offer for a 2004 LS430 with 120k miles?
03-17-11, 04:49 PM
#1
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What would you offer for a 2004 LS430 with 120k miles?
Two quick questions. What would you guy's offer for a 2004 modern luxury package ls430 with 125k miles, that has had the 90k service done and is in good condition.
Also anything i should look out for in the 04 like blown transmission, etc? I heard they have some issue that were fixed via recall, and what's the best way to know whether the recall's been performed. Thanks
Also anything i should look out for in the 04 like blown transmission, etc? I heard they have some issue that were fixed via recall, and what's the best way to know whether the recall's been performed. Thanks
Last edited by vmirjamali; 03-17-11 at 05:01 PM.
03-17-11, 05:16 PM
#2
Run the Lexus service history with the VIN on the owners section of lexus.com. The transmission service should show up and you should look for regular dealer service for the history of the car. If there are big holes in the Lexus dealer service and you don't know from the current owner that the car was serviced regularly at a good independent shop, walk away.
As for price, I'd start with checking kbb.com. Take what folks here say for prices with a grain of salt. We all got smoking hot deals on our cars that we want to brag about. (just kidding)
As for price, I'd start with checking kbb.com. Take what folks here say for prices with a grain of salt. We all got smoking hot deals on our cars that we want to brag about. (just kidding)
03-17-11, 05:19 PM
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In NY a ML non black with those miles seems to be 14 -19k. KBB a NADA seem to be some what higher then the market here. Like Caddy said check the service history alot of cars have good service records except for the last 20k miles when they change owners.
03-17-11, 06:00 PM
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So 14k would be a good deal for this then? If the 90k service is done of course and in good condition?
Hey I'm out to get a steal as well, nothing wrong in people telling me what prices they got their steal at
My gs400 premium was a steal and I love it. It's my moms now.
Note: called them up and all the service info is there, but it seems the guy did 30k, 60k, and 90k services elsewhere if he did them at all. The recalls were all completed correctly as well.
Hey I'm out to get a steal as well, nothing wrong in people telling me what prices they got their steal at
My gs400 premium was a steal and I love it. It's my moms now.Note: called them up and all the service info is there, but it seems the guy did 30k, 60k, and 90k services elsewhere if he did them at all. The recalls were all completed correctly as well.
03-17-11, 06:27 PM
#5
LS430s with high miles still fetch relatively crazy money at car auctions as it is popular to export. The Black Book is the best guide for dealers but it's subscription based. 120K should bring the price down.
03-17-11, 08:31 PM
#7
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03-17-11, 10:07 PM
#8
My nephew in Ohio just bought a 2004 LS430 ML with 115K miles for $16,000 earlier this month. Definitely not a smoking deal that you're looking for but then again everyone's financial situation is different. I'm sure my nephew will move to a new LS600 in a couple of years once his ortho practice kicks into full gear. But the LS430 is definitely no slouch.
03-18-11, 05:53 AM
#9
It also depends on how long you plan to keep this car. If you plan to resell in a couple of years, make sure its a popular color combination too. A car with a good history may also provide a better resale value down the line rather than a car without any maintenance history.
Good negotiation skills also help - understanding why someone wants to sell. If they have a note on the car or they are moving or job-loss or even buying another more appropriate vehicle (more kids) etc all are good bargaining tools. Even with dealers, they do not want a car sitting on the lot for too long.
At the end of the day - even if you have to pay a little extra, buy the car you love rather than the cheapest LS available.
Good negotiation skills also help - understanding why someone wants to sell. If they have a note on the car or they are moving or job-loss or even buying another more appropriate vehicle (more kids) etc all are good bargaining tools. Even with dealers, they do not want a car sitting on the lot for too long.
At the end of the day - even if you have to pay a little extra, buy the car you love rather than the cheapest LS available.
03-18-11, 06:32 AM
#11
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2004s go from approx $14-23K depending on condition, options, and miles. Given the miles on the LS that you are considering, you would want to offer $14-15k range if the car is otherwise OK. Anything under $14 k would be considered a good price but would make me wonder why I got it below existing market... There is usually no free lunch.
03-18-11, 08:03 AM
#13
Lexus Champion
i picked up my 06 GS430 w/ 120k for 13k (I was able to pull up complete service history, previous owner spent over 20k in service) . The 04 LS should be less than that IMO.