VSR recall, and several TBIS’s
05-31-11, 06:06 PM
#16
Unless you want to keep your car, i would take that $57,671.91 check and buy another LS or other car. There is no way you gonna get that amount in trade-in or private sale.
05-31-11, 08:16 PM
#18
Based upon the problems and frustrations you have experienced, I would not hesitate to accept their offer. You can find low mileage 2009's selling for around the amount you are offered.
06-01-11, 06:03 AM
#19
I need some advise,
I just received a buy back offer from Lexus. The repurchase price for my 2007, LS 460 was $70,026.58 minus the mileage. I used, 23,165 miles. They calculated the Price I paid for the car, times the mileage I put on it, divided by 120,000 miles.
$64,000 x 23,165 miles / 120,000 miles = -$12,354.67 for a net buy back of $57,671.91.
Does any one have a feel if this is a fair offer? Is 120,000 miles what Lexus considers the life of the car? Is that how they arrive at that number?
I plan to call Lexus and ask them about the 120,000 miles in calculating the car. But I thought I would ask the Club Lexus people before I call, so that I can have some info.
Has anyone gone through a repurchase of their Lexus? Any help would be appreciated.
The last process in this repurchase procedure. Lexus has a third party service group that will do a complete vehicle inspection to see if the car meets the vehicle condition guidelines.
Marty
I just received a buy back offer from Lexus. The repurchase price for my 2007, LS 460 was $70,026.58 minus the mileage. I used, 23,165 miles. They calculated the Price I paid for the car, times the mileage I put on it, divided by 120,000 miles.
$64,000 x 23,165 miles / 120,000 miles = -$12,354.67 for a net buy back of $57,671.91.
Does any one have a feel if this is a fair offer? Is 120,000 miles what Lexus considers the life of the car? Is that how they arrive at that number?
I plan to call Lexus and ask them about the 120,000 miles in calculating the car. But I thought I would ask the Club Lexus people before I call, so that I can have some info.
Has anyone gone through a repurchase of their Lexus? Any help would be appreciated.
The last process in this repurchase procedure. Lexus has a third party service group that will do a complete vehicle inspection to see if the car meets the vehicle condition guidelines.
Marty
Good luck
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