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Buying 2003 rx300

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Old 09-09-13, 07:25 PM
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tennisguy
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Default Buying 2003 rx300

About to buy a 2003 rx300 with only 56,000 miles on it. I'm worried because of the Low miles it might be mileage fraud? Ill be paying $12,000. Here is the VIN# JTJHF10U630304820 if anyone can help run a report or anything to help me verify the miles. The said they are second owner and the first owners were old folks. PLEASE HELP!
Old 09-09-13, 07:56 PM
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salimshah
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Please do not ask for things which violate license agreements.

You should get a history report from the dealer and that will show the usage over years and give you other insights as well.

Low milage is good but vehicles that are driven for short miles and very infrequently can have some issues.

Salim
Old 09-09-13, 07:58 PM
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Boltzmann
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Did you get a Carfax report?

Also, if maintenance was done at a Lexus dealership then the mileage may have been recorded there. I believe there is a place on Lexus's official website that will let you see the what maintenance was done by Lexus and when.
Old 09-09-13, 07:59 PM
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tennisguy
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Question

Originally Posted by salimshah
Please do not ask for things which violate license agreements.

You should get a history report from the dealer and that will show the usage over years and give you other insights as well.

Low milage is good but vehicles that are driven for short miles and very infrequently can have some issues.

Salim
Purchasing from a private party so I can't get a report from dealer. I didn't know I was violating anything.
Old 09-09-13, 08:04 PM
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tennisguy
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Originally Posted by Boltzmann
Did you get a Carfax report?

Also, if maintenance was done at a Lexus dealership then the mileage may have been recorded there. I believe there is a place on Lexus's official website that will let you see the what maintenance was done by Lexus and when.
Didn't do carfax yet because I was hoping to save the $40 buy asking for someone with an account to run it. I will check out the lexus website. My only concern is if the miles are accurate. The car drives well and looks like its in great shape.
Old 09-09-13, 08:23 PM
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tennisguy
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Originally Posted by Boltzmann
Did you get a Carfax report?

Also, if maintenance was done at a Lexus dealership then the mileage may have been recorded there. I believe there is a place on Lexus's official website that will let you see the what maintenance was done by Lexus and when.
Thanks! I got a full repair history with recorded mileage from lexus online! The miles check out perfectly. Does anyone think $12000 is ok to pay for 2003 rx300 with 56,000 miles?
Old 09-09-13, 08:50 PM
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trhs75
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Some might say it's a little high, but I would readily pay it for a really nice vehicle. Look these up on cars.com or traderonline.com, and you'll see how much higher the asking prices are for one like this. Good luck!
Old 09-09-13, 11:55 PM
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salimshah
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Originally Posted by tennisguy
Didn't do carfax yet because I was hoping to save the $40 buy asking for someone with an account to run it. ... snip.
This is what I was referring to ... Agencies like CarFax may not allow this and such an activity should not be done here in CL. You may not be aware of the restriction, but folks who have the license should follow the restrictions, if any, before responding to your request.

Salim
Old 09-10-13, 05:39 AM
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hypervish
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With only 56k miles, I'd pay $10.5-11k.

You'll need the extra $ to take care of the timing belt, maybe a set of tires (dependent on if they are older than 7 years), other miscellaneous services. If that has already been done, than $12k is reasonable as long as the car is in good condition. I've seen car's with a quarter of miles my RX has, but they look like trash.
Old 09-10-13, 05:17 PM
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Boltzmann
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Originally Posted by trhs75
Some might say it's a little high, but I would readily pay it for a really nice vehicle. Look these up on cars.com or traderonline.com, and you'll see how much higher the asking prices are for one like this. Good luck!
I agree. Personally, I think $10,000 would be a steal for a low mileage, 10 year old Lexus, but I'm biased. $12,000 seems a tad high, but not unreasonably so, in my very humble opinion.
Old 10-13-13, 07:47 PM
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Yimer
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Originally Posted by tennisguy
About to buy a 2003 rx300 with only 56,000 miles on it. I'm worried because of the Low miles it might be mileage fraud? Ill be paying $12,000. Here is the VIN# JTJHF10U630304820 if anyone can help run a report or anything to help me verify the miles. The said they are second owner and the first owners were old folks. PLEASE HELP!
I think $12k is a good buy for that low milage. I bought my 2003 RX300 about a month ago for $7400.00 with 131,000 miles. It runs smooth though.
Old 10-14-13, 06:31 PM
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Sounds like a great buy, Yimer -- nice find!
Old 10-24-13, 06:41 PM
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depends on the kind of driver they are. Any dents or scratches can be negotiable. but they are asking a lot of the car.
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