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I just picked up my first Lexus in July 2023: $25,000 for an '08 LX570 w/150k miles, 100% CA-owned. I'm located in SoCal, which appears to have a tremendous markup on these vehicles compared to places like Texas and Georgia.
2019 LX 570 two-row, luxury package and a few minor options, about 56k miles and full service records, a little under $62k in August 2023. Price seemed competitive with the listings I found around the northeastern US.
Wow, the posted prices on the buy side are really great!
I've been living in la-la-land thinking my LX570 is made of gold. Three reasons: 1. Because of its history of very high used valuations, 2. They are no longer available new, and 3. Because we are on the tail end of the hottest used car market in memory.
But alas, I see the prices people are reporting on the buy side as quite a reality check. I am looking to downsize my 2020 LX570 (40k miles) and am really surprised by the values I am seeing. 101.9k MSRP seems to have a wholesale value around 60k right now.
A somewhat related note. I have a 2013 LX570, one-owner, 84,000 miles, clean Carfax, everything works as it should. Some small rock pits on front edge of hood, new Michelin Latitude tires with about 200 miles of use so far, serviced at the selling dealership for me all this time. Nebula gray with black interior. The dealer offered me $28,500 for it as a trade-in on a new RZ. The trade-in offer is right at the top end value given by Kelley Blue Book.
When they re-sell it I have no idea what they would ask for it. But I have decided to keep the 2013 LX and will be trading in trade my 2013 IS250C.instead. The 2007 LX I traded in for the 2013 was listed by the dealer on their web site the afternoon of the day I traded it in and was sold the following day. They gave me a trade-in credit of $36,000 for the 2007 back in 2013. So demand was pretty high back then. I've no idea what used LX demand is these days.
I have actually received two offers to buy my LX from dealership customers who saw it parked in front of the service area. Both said among other things that they were attracted by it having a black interior. I suppose that is uncommon. I know that the dealership really had to search for my LX when I said that not having black was a deal breaker for me. They finally found one in Miami and worked out a swap to get it for me.
BTW the reason I wanted black is because I ride horses, and I am wearing black or brown riding boots a lot when I drive. Black boots against a parchment interior leave permanent marks, as does horse manure.
To give you'll a bit of perspective, I bought my 16' LX570 new in 8/2016 for 86K drive out. It was 97K-98K MSRP at the time. If you going to get a preowned at this time, negotiate it.
Looking at a 2021 LX 570 with sports package. One owner 44K miles. Clean title. Non Lexus dealer (Bentley dealer). Clean and had it checkout out by the lexus dealer- it was serviced at lexus - no issues. Settled at $74K + tax in California. Atomic Silver with Cabernet interior .
New to the forum here and also recently purchased a used fully loaded LX. We were excited to be able to acquire this one for what we considered under market value and still in excellent condition for $25k with ~181,300 miles.
Bought a 2014 LX luxury package with 84k miles today for $34,000. Traded my beloved FJ for her and not mad about anything. Now to get use to all this convenance and space…kiddos are in love with their screens in the spacious backseat.
I probably overpaid a little but I had a specific color and option list. I bought a 2021 with 33000 miles for $82000. It is certified and does not have the rear entertainment option but everything else. I'm a little disappointed so far in the unavailability of a touch screen since my 2015 LX has touch screen. Not a fan of the mouse-toggle feature but so far very happy with the truck.
I purchased this LX 570 Inspiration Limited Edition in June 2022 with 38.5 k miles for $80.8 but it is lexus certified until 2025 and also the dealer gave me $70 trade in for my 2021 TRD PRO Sequoia with 3k miles.
I wanted the inspiration edition because it is the most beautiful combination of black and white and it was fully loaded with a msrp of $103k when new. Love it.
08-14-23, 03:21 PM
