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

2012 ls460 w/ 173k miles

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Old 06-14-19, 10:10 PM
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lovelexus3
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Default 2012 ls460 w/ 173k miles

Hello! I recently purchased a ls430. Did some work and then got the itch for a ls460. I sold my 430 sooner than expected.

The purpose is a road warrior car as I do alot of in state driving. Ran across the ls460. Did research on this site. Staying away from 07-09. Found a 2012 one owner. The price is 10k + ttl. It has nav, no air suspension, no ML, needs new tires, the headlight washer covers are missing. Has a ppi done outside of the above and rotors can be turned no problems.

Is it a good deal? I was really liking the L version, but not sure with my motorcycle it would fit in the garage. I have always toyed with the ls600 and found an 08 for 9k, but it has 200k with original battery. I thought to stay away from that.
Old 06-15-19, 03:39 AM
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TriC
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The price seems fair given the mileage and condition.
Old 06-15-19, 06:00 AM
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lovelexus3
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Originally Posted by TriC
The price seems fair given the mileage and condition.
Thank you. I have been debating if it's worth it. I cannot find any videos or write ups for the washer cover replacement.
Old 06-15-19, 06:50 AM
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jkittlesen
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I'm sure you have checked the service records, how were they?
Old 06-15-19, 07:55 AM
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lovelexus3
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Originally Posted by jkittlesen
I'm sure you have checked the service records, how were they?
Service records were pretty good, missed somethings though such as flushes, etc.

I searched on here for Lexus independent shops and found a recommended one. He said he couldnt pull up these services were done, but looking at fluids and the car it appears it had been. Maybe a DIY'er? Or independent shop that does not report on service records?
Old 06-15-19, 08:51 PM
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lovelexus3
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Originally Posted by FunFact
I’d save an extra $2,000 and get one that has 2/3 the miles.
That's a consideration too...
Old 06-16-19, 04:17 PM
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ElBerryKM
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That mileage is high i would not buy it personally.
Old 06-16-19, 07:13 PM
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lovelexus3
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Originally Posted by ElBerryKM
That mileage is high i would not buy it personally.
Thank you, for your feedback.
Old 06-19-19, 07:11 AM
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leisinjp
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My .2 cents. And my story is going to be different than others.

I have owned a 2005 LS430 with 70,000 miles, 2008 ISF with 140,000 miles, another 2008 ISF with 101,000 miles, a 04 GS with 190,000, and a 2014 GS350 with 60,000 miles.

In my own experience, the most reliable car I have owned and best driving car was the 2004 GS with 190,000 miles on it. Wheel bearings went out on two of the other cars, two starters went out, water pumps, and such.

I owned the 04 GS for 3 years and did nothing but oil changes. It could have been my luck, but I believe a well maintained high mileage car for the right price and with the mindset of knowing you will have things to replace in the future is the way to go. I thought having only 70k miles on the famous reliable gen 3 LS would be issue free and it was the opposite. My way of thinking is if you buy a car over 100,000 miles and the previous owner did all of the maintenance, it could possibly be good for another 50k to 80k without needing any repairs.

Cars will break down so who knows what will happen. But when I look for cars now, low miles don't necessarily sell it. I will buy one with higher miles with extensive service records. (That is only for Lexus though) BMW, Audi, and Mercedes are money traps above 150k miles. And that isn't me hating on them. If I had that cash I would buy one. But I worked at Mercedes and it was unbelievable how expensive the repairs were.

If the high mileage one you are looking at drives good and checks out after an inspection, do what is best for you. Instead of spending anther $2k on a lower mileage car you could save that for repairs when they do come.
Old 06-19-19, 12:20 PM
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leisinjp
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Originally Posted by FunFact
A lower-mileage car that was taken care of is always superior to a taken care of higher mileage car. If you want to keep a car for 50-100k miles, a 170k car is not a good place to start. No matter how well cared for it was

If you pay $40,000 for a LS460 with 40,000 miles and I pay $20,000 for a LS460 with lets say 120,000 miles. And both are well maintained with service records. I'm saving $20k and buying the higher mileage option. I believe in the reliability of Lexus that much. Plus I don't have $40k! haha.

Plus most, not all, but most people don't keep a car 100,000 miles. I see it as each mile I drive in the 40,000 mile option is taking big depreciation hits while the 120,000 mile option has already taken those hits with the previous owner.

I understand what you are saying. I just look at it from a different angle since I'm not rolling in $$$$
Old 06-19-19, 02:40 PM
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ElBerryKM
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Originally Posted by leisinjp
If you pay $40,000 for a LS460 with 40,000 miles and I pay $20,000 for a LS460 with lets say 120,000 miles. And both are well maintained with service records. I'm saving $20k and buying the higher mileage option. I believe in the reliability of Lexus that much. Plus I don't have $40k! haha.

Plus most, not all, but most people don't keep a car 100,000 miles. I see it as each mile I drive in the 40,000 mile option is taking big depreciation hits while the 120,000 mile option has already taken those hits with the previous owner.

I understand what you are saying. I just look at it from a different angle since I'm not rolling in $$$$
The problem with this is that you won't find the same card for half the price with just the difference of miles. You will get a discount with a high mileage car but not as much as to offset the cost to maintenance
Old 06-19-19, 03:06 PM
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leisinjp
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https://www.cars.com/vehicledetail/d...2674/overview/

The link above is for a 2013 LS460 with 24k miles on it for $41,000.
The link below is for a 2013 LS460 with 117k miles on it for $22,000.

https://www.cars.com/vehicledetail/d...3691/overview/

If we could do a study, I guarantee you if I bought the higher mileage one for 22k and you bought the lower mileage one for $41k and we both drove 70,000 miles. I would not spend $19,000 more than you in maintenance and repairs. Am I saying this is the only way to do it? Absolutely not! But if said person has $22k saved up, I think they will be getting a good car with 117k on it. If said person has $40k saved up, I think they are getting the absolute best car with only 24k miles on it.

If this were a Mercedes Benz S550, I wouldn't do that bet! We had a two year old S550 with only 29k miles come in and need a repair that cost the poor guy $10,000 with labor.

My whole point is that I think with Lexus and an owner who takes care of their car with preventative maintenance will not have huge issues with a car with higher mileage.
Old 06-19-19, 03:28 PM
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ElBerryKM
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Originally Posted by leisinjp
https://www.cars.com/vehicledetail/d...2674/overview/

The link above is for a 2013 LS460 with 24k miles on it for $41,000.
The link below is for a 2013 LS460 with 117k miles on it for $22,000.

https://www.cars.com/vehicledetail/d...3691/overview/

If we could do a study, I guarantee you if I bought the higher mileage one for 22k and you bought the lower mileage one for $41k and we both drove 70,000 miles. I would not spend $19,000 more than you in maintenance and repairs. Am I saying this is the only way to do it? Absolutely not! But if said person has $22k saved up, I think they will be getting a good car with 117k on it. If said person has $40k saved up, I think they are getting the absolute best car with only 24k miles on it.

If this were a Mercedes Benz S550, I wouldn't do that bet! We had a two year old S550 with only 29k miles come in and need a repair that cost the poor guy $10,000 with labor.

My whole point is that I think with Lexus and an owner who takes care of their car with preventative maintenance will not have huge issues with a car with higher mileage.

I said same car. The expensive one is a fully loaded 460L vs a base 460. Also not fair to compare the most expensive one you could find vs the cheapest one. Dealers sometime list car for astronomical prices that don't reflect the true value of a car.

edit: I sort of agree with you that if you get one with a steep discount you might get ahead in the long run anyways even with maintanance factor in. What I think is that it is hard to find same car with nice condition for a much of a discount. Most of the time then the cars are well kept the owner list it high with not much of a discount

Last edited by ElBerryKM; 06-19-19 at 03:40 PM.
Old 06-20-19, 06:10 AM
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leisinjp
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Originally Posted by ElBerryKM
I said same car. The expensive one is a fully loaded 460L vs a base 460. Also not fair to compare the most expensive one you could find vs the cheapest one. Dealers sometime list car for astronomical prices that don't reflect the true value of a car.

edit: I sort of agree with you that if you get one with a steep discount you might get ahead in the long run anyways even with maintanance factor in. What I think is that it is hard to find same car with nice condition for a much of a discount. Most of the time then the cars are well kept the owner list it high with not much of a discount

Yeah that is true. Finding a higher mileage one in the same condition is tough. I think if you look long enough though you can find the perfect balance of price and condition of the car. Or if money isn't an issue, just buy the brand new one!
Old 06-20-19, 12:43 PM
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mikesrx350
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Originally Posted by leisinjp
If you pay $40,000 for a LS460 with 40,000 miles and I pay $20,000 for a LS460 with lets say 120,000 miles. And both are well maintained with service records. I'm saving $20k and buying the higher mileage option. I believe in the reliability of Lexus that much. Plus I don't have $40k! haha.

Plus most, not all, but most people don't keep a car 100,000 miles. I see it as each mile I drive in the 40,000 mile option is taking big depreciation hits while the 120,000 mile option has already taken those hits with the previous owner.

I understand what you are saying. I just look at it from a different angle since I'm not rolling in $$$$
the point of most of the responses
is the money saved doesn't justify the mileage and risk

if it had 100k on it different story

be patient and the right car will come i picked up a 2010 in 2019 for well under 20 with 68k on clock


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