LS - 4th Gen (2007-2017) Discussion topics related to the current flagship models LS460, LS460L and LS600H

I've had it, dumped my ride and bought a fancy 4X4...

Thread Tools
 
Search this Thread
 
Old 08-01-08, 10:30 AM
  #16  
Rocman
Pole Position
 
Rocman's Avatar
 
Join Date: Jul 2005
Location: CA
Posts: 219
Likes: 0
Received 0 Likes on 0 Posts
Default

$50K loss? Holy cow! I thought AMG's had bad resale.
Old 08-01-08, 11:08 AM
  #17  
PatsSoxfan
Lead Lap
 
PatsSoxfan's Avatar
 
Join Date: Dec 2007
Location: Midwest
Posts: 557
Likes: 0
Received 1 Like on 1 Post
Default

Congratulations Barnaby! What an incredible deal! Considering, it does not have the executive seat package (from what I remember from your test drive post), I bet you did not pay more than about $60K for this awesome vehicle.

Last edited by PatsSoxfan; 08-01-08 at 11:23 AM.
Old 08-01-08, 11:38 AM
  #18  
JKarger
Rookie
 
JKarger's Avatar
 
Join Date: Nov 2007
Location: CA
Posts: 58
Likes: 0
Received 0 Likes on 0 Posts
Default

Nice Title.
Old 08-01-08, 12:18 PM
  #19  
encore888
Lexus Champion
 
encore888's Avatar
 
Join Date: Mar 2005
Location: CA
Posts: 8,695
Likes: 0
Received 2 Likes on 1 Post
Default

Oh well, the previous owner's loss is your gain, and hey maybe he had money to throw around, so didn't mind trying an LSh and then the GS.
Old 08-01-08, 12:19 PM
  #20  
dimapb
Lead Lap
 
dimapb's Avatar
 
Join Date: Oct 2006
Location: MD
Posts: 467
Received 2 Likes on 2 Posts
Default

Congratulations!!! Use it in good health!

I guess the next question would be "How much did you loose on your car?"
Old 08-01-08, 02:08 PM
  #21  
Johnny
Pole Position
Thread Starter
 
Johnny's Avatar
 
Join Date: Mar 2007
Location: Sakon Nakhon
Posts: 2,730
Likes: 0
Received 20 Likes on 16 Posts
Default

I had about 30K miles on my LS. In Canada, the 2008 is priced at $80K; my net loss is $20K which is not bad for a 16-month old car high end vehicle. And of course, with the tax recovery on the trade-in, it didn't take me long to make up my mind. Dealers are also a little nervous carrying big cars with big price tags, especially trade-ins as their line of credit interest for used stock is much higher that Toyota's rate for their new inventory. I was going to finance the difference, but they wanted me to pick up half of their lower interest finance charge ($1500) from Toyota. Rather than eat the $750, I bought it out.
Old 08-01-08, 02:09 PM
  #22  
rominl
exclusive matchup

iTrader: (4)
 
rominl's Avatar
 
Join Date: May 2002
Location: Lovely OC
Posts: 81,673
Received 190 Likes on 148 Posts
Default

actually i have a question, do you still have the ls460? i guess it depends on how much you sold that one for, if you did

edit: never mind, you just answeerd
Old 08-01-08, 02:09 PM
  #23  
Johnny
Pole Position
Thread Starter
 
Johnny's Avatar
 
Join Date: Mar 2007
Location: Sakon Nakhon
Posts: 2,730
Likes: 0
Received 20 Likes on 16 Posts
Default

Originally Posted by PatsSoxfan
Congratulations Barnaby! What an incredible deal! Considering, it does not have the executive seat package (from what I remember from your test drive post), I bet you did not pay more than about $60K for this awesome vehicle.
Much less than that...
Old 08-01-08, 02:12 PM
  #24  
Johnny
Pole Position
Thread Starter
 
Johnny's Avatar
 
Join Date: Mar 2007
Location: Sakon Nakhon
Posts: 2,730
Likes: 0
Received 20 Likes on 16 Posts
Default

Originally Posted by rominl
actually i have a question, do you still have the ls460? i guess it depends on how much you sold that one for, if you did
Traded it in, got an excellent price for it. They came up $8K from book value in the negotiation. They think it'll sell quick as used SWBs are in demand, and in shortage.
Old 08-01-08, 02:15 PM
  #25  
Johnny
Pole Position
Thread Starter
 
Johnny's Avatar
 
Join Date: Mar 2007
Location: Sakon Nakhon
Posts: 2,730
Likes: 0
Received 20 Likes on 16 Posts
Default

Originally Posted by MythBuster
Congrats

The most beautiful colors combo

Are you going to seal the paint.
The former owner (poor guy) got the paint seal option, so that was a throw-in.
Old 08-01-08, 02:27 PM
  #26  
rominl
exclusive matchup

iTrader: (4)
 
rominl's Avatar
 
Join Date: May 2002
Location: Lovely OC
Posts: 81,673
Received 190 Likes on 148 Posts
Default

Originally Posted by Burnaby
Traded it in, got an excellent price for it. They came up $8K from book value in the negotiation. They think it'll sell quick as used SWBs are in demand, and in shortage.
wow, time has changed.... months ago swb were everywhere and lwb were in demand
Old 08-01-08, 02:47 PM
  #27  
cliffud
Former Vendor
iTrader: (3)
 
cliffud's Avatar
 
Join Date: May 2003
Location: away from keyboard
Posts: 5,700
Likes: 0
Received 3 Likes on 3 Posts
Default

Originally Posted by rominl
wow my goodness, congrats on the car man! 50k hit, gosh maybe i should go look around at dealership and see what kind of deals i can get these days

gorgeous car!


Yeah!!!!
Old 08-01-08, 04:25 PM
  #28  
Craig B
Pole Position
 
Craig B's Avatar
 
Join Date: Mar 2007
Location: MO
Posts: 2,241
Received 54 Likes on 38 Posts
Default

Congratulations and enjoy your new car...

Craig
Old 08-01-08, 05:28 PM
  #29  
LS600guy
Rookie
 
LS600guy's Avatar
 
Join Date: Jun 2008
Location: Hill
Posts: 98
Likes: 0
Received 0 Likes on 0 Posts
Default

Welcome to a very select club!

But your bargain got me a little worried... I also scored a very good deal from our dealer. Is it our clever negotiating skills or something else we don't know about?

--------------------------
2007 LS600hL, 5 seat
2000 LX470 (traded)

Mercedes SL500 AMG (sun)
Mercedes SLK 230 (wife)
Suzuki Grand Vitara (rain & runaround)
Old 08-01-08, 06:08 PM
  #30  
Johnny
Pole Position
Thread Starter
 
Johnny's Avatar
 
Join Date: Mar 2007
Location: Sakon Nakhon
Posts: 2,730
Likes: 0
Received 20 Likes on 16 Posts
Default

Market Forces... I think it'll be a while before Lexus recovers its investment on this one...


Quick Reply: I've had it, dumped my ride and bought a fancy 4X4...



All times are GMT -7. The time now is 06:11 AM.