how's it going. Thought my wife and I would get in to an LX570 but ultimately we agreed to look at a used LS460 instead.

I've been watching the thread on the LS values dropping and I am surprised at some of the pricing I've been seeing. I remember a few years back looking at LS and walked away because of used prices back then.

I located a 2014 LS460 L, silver with black, and bamboo interior. It has complete Lexus dealer service history. One owner, no accidents but has 74k miles, which averages about 17k per year. Asking $27995 but I am sure there's room for negotiation.

Is this priced too high considering values keep dropping?

thanks,

 

https://www.sterlingmccalllexus.com/...-TX/3421637343

not sure if the link posted correctly but here are some option. It does not have height adjustment suspension which is okay with me. How much lower to be a good price?

all other's I've seen are much higher due to lower miles, or with accidents, higher mileage or a color I am not interested in.

1. ALL WEATHER PACKAGE -inc: higher-capacity battery, Windshield Wiper Deicer, Headlamp Washers, Quick Response PTC Heater
2. BLIND SPOT MONITOR -inc: rear cross traffic alert lane change assist
3. HEATED 3-SPOKE WOOD STEERING WHEEL W/CNTR LTHR PAD
4. LED HEADLAMPS W/INTELLIGENT HIGH BEAMS
5. RADIO: MARK LEVINSON REFERENCE SURROUND SOUND -inc: 19 speakers, 450 watts of power and less and 0.1 percent Total Harmonic Distortion (THD) and DVD/CD changer
6. SEMI-ANILINE LEATHER & ALCANTARA UPGRADE PACKAGE -inc: wood trim on rear ventilation outlets, Alcantara Headliner
7. WHEELS: 19" X 8J 7-SPLIT SPOKE ALLOY -inc: hollow wheel and super metal shade coating, Tires: P245/45R19 AS

 

I'm a bit out of the loop on current prices since I'm not shopping, but that seems like a fair starting price to me, especially for the LWB. Miles wouldn't scare me at all. It can't be CPO above 60k or 70k miles if I remember correctly so you'll be on your own for repairs.

 

Appreciate the responses and guidance. Search continues

 

MMR on that car, adjusted for miles, region, color, and CR is $24,300. Average CR is 4.0, I lowered it to 3.5 to account for the front air dam damage. Shame on a Lexus dealer for not fixing that. At any rate, you'd want to be south of $26,300 and ideally at $25,500.

 

Thanks Dedbirddog, this helps with my searching. I didn't notice in the photo the damage to the lower front bumper but would have noticed if I saw in person.

What is CR?

 

Lexus makes no sense in how these cars are optioned. My 2013 has the Ultra Luxury package, and yet does not have radar cruise or LKA. The LS should come with everything standard. For a flagship car, the vast majority of them are very under-optioned.