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

Need help

Thread Tools
 
Search this Thread
 
Old 02-16-13, 04:16 PM
  #1  
rhedrich
Driver School Candidate
Thread Starter
 
rhedrich's Avatar
 
Join Date: Jan 2012
Location: il
Posts: 27
Likes: 0
Received 0 Likes on 0 Posts
Default Need help

Hi All. All you guys been a great joy thru the years. I need help on what i should price my car. I am selling my baby because I am retiring and moving overseas. I have an blue 07 LS 460L , rear wheel , 44,000 miles, with everything except the air susp, ,and the executive package. The car is been babied and has the invisible bra on the hood, mirrors and on rear bumper by the trunk. never smoked in. I checked what KBB had posted but someone said their numbers are no good.
Thanks in advance for your input. I would post pictures if it would help. I am not looking for a trade in price
Old 02-16-13, 04:53 PM
  #2  
Nospinzone
Moderator
 
Nospinzone's Avatar
 
Join Date: Mar 2007
Location: MA
Posts: 4,175
Received 418 Likes on 322 Posts
Default

Check appraisals on Edmunds and NADA and then average with KBB. The only thing to be careful of is many times owners rate the condition of their car better than it really is. And of course the overwhelming factor is the immediate supply/demand equation in your area.

Good luck and buon viaggio!
Old 02-16-13, 07:08 PM
  #3  
williakz
Lexus Test Driver
 
williakz's Avatar
 
Join Date: Mar 2011
Location: MO
Posts: 813
Likes: 0
Received 7 Likes on 5 Posts
Default

Run it over to your local CarMax. They'll give you a solid number for what they will pay IN CASH TODAY. Compare that number to blue book values and you should have a good feel for trade-in/wholesale. Retail sale is a whole different animal.
Old 02-16-13, 07:59 PM
  #4  
FLYCT
Moderator
 
FLYCT's Avatar
 
Join Date: May 2012
Location: Florida
Posts: 1,263
Received 13 Likes on 10 Posts
Default

I've bought 3 used Lexus cars in he last 6 months. I used KBB as a guide and never paid more that KBB estimated. All of them were in immaculate condition.

i think you will find Carmax offer $33k or less. There's a very nice silver/black 2007 LS460L with Executive package, radar cruise etc. at local CarMax in Ft Lauderdale with only 33,000 miles for $38.9k retail.
http://www.carmax.com/enus/view-car/...0-cddad53796ba

Private party sale should go something in between. Selling private party becomes tricky. Clear title, financing etc.

JR

Last edited by FLYCT; 02-16-13 at 08:05 PM.
Old 02-17-13, 09:38 AM
  #5  
pilot12
Driver School Candidate
 
pilot12's Avatar
 
Join Date: Feb 2013
Location: AZ
Posts: 10
Likes: 0
Received 1 Like on 1 Post
Default

Originally Posted by rhedrich
Hi All. All you guys been a great joy thru the years. I need help on what i should price my car. I am selling my baby because I am retiring and moving overseas. I have an blue 07 LS 460L , rear wheel , 44,000 miles, with everything except the air susp, ,and the executive package. The car is been babied and has the invisible bra on the hood, mirrors and on rear bumper by the trunk. never smoked in. I checked what KBB had posted but someone said their numbers are no good.
Thanks in advance for your input. I would post pictures if it would help. I am not looking for a trade in price
I was looking for that exact car recently. I would have paid 35k for clean carfax and excellent condition. I did my homework and shopped around. That's in AZ, don't know about IL.
Old 02-17-13, 09:59 AM
  #6  
Joeb427
Lexus Fanatic
iTrader: (1)
 
Joeb427's Avatar
 
Join Date: Aug 2007
Location: SC
Posts: 11,670
Received 17 Likes on 16 Posts
Default

Originally Posted by FLYCT
I've bought 3 used Lexus cars in he last 6 months. I used KBB as a guide and never paid more that KBB estimated. All of them were in immaculate condition.

i think you will find Carmax offer $33k or less. There's a very nice silver/black 2007 LS460L with Executive package, radar cruise etc. at local CarMax in Ft Lauderdale with only 33,000 miles for $38.9k retail.
http://www.carmax.com/enus/view-car/...0-cddad53796ba

Private party sale should go something in between. Selling private party becomes tricky. Clear title, financing etc.

JR
Very nice 33K mileage and well equipped 6 year old LS.Price is high.Especially without it being a CPO.

NY area low mileage certified '07 LS.Asking $35,800.
http://www.autotrader.com/cars-for-s...gIndex=3&Log=0

Last edited by Joeb427; 02-17-13 at 10:02 AM.
Old 02-17-13, 01:43 PM
  #7  
rhedrich
Driver School Candidate
Thread Starter
 
rhedrich's Avatar
 
Join Date: Jan 2012
Location: il
Posts: 27
Likes: 0
Received 0 Likes on 0 Posts
Default

again I thank you all. I will listed for $35k hoping to get $33k. Since I never sold direct do you guys have a best place for me to post the for sale. Cars.com, Autotrader or other.
Old 02-17-13, 05:01 PM
  #8  
FLYCT
Moderator
 
FLYCT's Avatar
 
Join Date: May 2012
Location: Florida
Posts: 1,263
Received 13 Likes on 10 Posts
Default

Originally Posted by Joeb427
Very nice 33K mileage and well equipped 6 year old LS.Price is high.Especially without it being a CPO.

NY area low mileage certified '07 LS.Asking $35,800.
http://www.autotrader.com/cars-for-s...gIndex=3&Log=0
There is quite a difference between the CarMax LS460L I pointed to and the NY LS460 you pointed to. The CarMax is a single owner LWB w//Executive package, Radar Cruise, Ottoman reclining rear seats, ceiling mounted DVD Video system for rear passengers etc. It's also been Florida car since delivery, where it hasn't been subjected to the weather elements of NE winters. The NY car is Short Wheel Base, two owner.

The value of the Significant differences between the two;
Long Wheel Base adds $4k to retail price
Executive package adds $3.5k to price
Lack of CPO deducts $1k

JR

Last edited by FLYCT; 02-17-13 at 05:13 PM.
Old 02-18-13, 04:59 AM
  #9  
Joeb427
Lexus Fanatic
iTrader: (1)
 
Joeb427's Avatar
 
Join Date: Aug 2007
Location: SC
Posts: 11,670
Received 17 Likes on 16 Posts
Default

Originally Posted by FLYCT
There is quite a difference between the CarMax LS460L I pointed to and the NY LS460 you pointed to. The CarMax is a single owner LWB w//Executive package, Radar Cruise, Ottoman reclining rear seats, ceiling mounted DVD Video system for rear passengers etc. It's also been Florida car since delivery, where it hasn't been subjected to the weather elements of NE winters. The NY car is Short Wheel Base, two owner.

The value of the Significant differences between the two;
Long Wheel Base adds $4k to retail price
Executive package adds $3.5k to price
Lack of CPO deducts $1k

JR
I missed it was a long.
Yes,it's worth about $5K more with it being a LWB w//Executive package, Radar Cruise,DVD .So $38K isn't a bad number.
Lack of CPO is at least $2K.Winter in the north wouldn't be a concern to me with the only 33K miles in 6 years.

I don't have a Carmax in my area.Closest is in CT.Can asking price be negotiated?I think I've read no haggle pricing.

Last edited by Joeb427; 02-18-13 at 05:39 AM.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
jarm
LS - 4th Gen (2007-2017)
24
07-05-16 08:06 PM
dyss430
LS - 3rd Gen (2001-2006)
14
04-25-11 09:07 AM
SeOuLiS250
Northern California Lexus Club
24
02-07-08 04:45 PM
dgtbullet
2Gen GS430 / 400/ 300 Classifieds (98-05)
4
04-14-04 07:08 AM



Quick Reply: Need help



All times are GMT -7. The time now is 01:24 AM.