2001 RX300 question
#1
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2001 RX300 question
My wife has a 01 RX300 with 105000 miles. It is in great condition for an 01'. It needs a new timing belt, not that its having problems, just its recommended to get replaced, otherwise it runs wonderfully. It has the nav, and a few other premium options. I'm new to this forum so if this is a bad question or in the wrong section I apologize. Anyway, I was wondering what the fair market value of this vehicle is. I've looked at kbb, nada, and edmunds and there are a wide range of prices. I live in upstate SC, Greenville. Any estimates would be greatly appreciated. Thanks.
#2
Having bought my 2002 RX300 new, the fair market value always seems shockingly low to me I'd say roughly $10K-1$12K, as a rough guess. Maybe somewhat more with good maintenance history. You can get some idea looking at eBay auto sales.
#3
Lexus Champion
I agree with bob,everyone is seeking the smaller vehicles due to the we know what.So any kind of larger vehicle (mid size) suv like our`s is going to take a hit now.thank GOD were not stuck with real behemoth`s like full size GMC Yukon`s etc.Those people thought they were the cat`s meow a few month`s ago,well not anymore.
#4
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Actually, KBB and Edmunds prices are pretty useless for SUVs right now (any SUV). You'd probably be lucky to get $5000 for it from a dealer - may be $8000 privately. It's all supply and demand and right now, there's no demand for SUVs.
Maybe next year when the price of gas comes down a bit and people get used to paying $3.00-$3.50 per gallon...................
Maybe next year when the price of gas comes down a bit and people get used to paying $3.00-$3.50 per gallon...................
#5
Lexus Champion
My wife has a 01 RX300 with 105000 miles. It is in great condition for an 01'. It needs a new timing belt, not that its having problems, just its recommended to get replaced, otherwise it runs wonderfully. It has the nav, and a few other premium options. I'm new to this forum so if this is a bad question or in the wrong section I apologize. Anyway, I was wondering what the fair market value of this vehicle is. I've looked at kbb, nada, and edmunds and there are a wide range of prices. I live in upstate SC, Greenville. Any estimates would be greatly appreciated. Thanks.
#7
Press your luck... no whammies...
150k for an RX is no problem. Don't take these forum issues as the overall quality of the RX, the 1st gen RX is above fair in reliability. I've seen plenty of 1st gen RX in the 180 range already. Their owners didn't take good care of the body, but they still run fine. I'm only at 108K, but am confident it will get to 200K with little or no major issues like all my other vehicles.
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#8
Lexus Champion
lexus- I'm assuming you mean on the timing belt. If you change at 150k i don't personally think your pressing your luck at all. I would change then but I think you'll be surprised at what the belt looks like even then (good). I am amazed at the quality of the belts that Toyota puts on their cars. (all of them) I changed the belts for the 1st. time on my DIL's 99RX recently. The car was built in Aug., '98 so is just 10 yrs. old and has 120k+ mi. The Alt./AC belt and PS belt showed wear, but only minor and a little bit of fine cracking in the serpentine side. When I changed the timing belt at 97k I couldn't believe what it looked like. Had I gotten a look at the belt 1st., before I purchased the new 1, I would have let it go to 150k. Sleep well!
Last edited by code58; 08-27-08 at 10:46 PM.
#9
Lexus Champion
lexus- I'm assuming you mean on the timing belt. If you change at 150k i don't personally think your pressing your luck at all. I would change then but I think you'll be surprised at what the belt looks like even then (good). I am amazed at the quality of the belts that Toyota puts on their cars. (all of them) I changed the belts for the 1st. time on my DIL's 99RX recently. The car was built in Aug., '98 so is just 10 yrs. old and has 120k+ mi. The Alt./AC belt and PS belt showed wear, but only minor and a little bit of fine cracking in the serpentine side. When I changed the timing belt at 97k I couldn't believe what it looked like. Had I gotten a look at the belt 1st., before I purchased the new 1, I would have let it go to 150k. Sleep well!
Last edited by lexus114; 08-28-08 at 07:45 AM.
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