IS300inDC Posted November 26, 2004 Share Posted November 26, 2004 Hello, guys. I need some advice from you. I'm considering an idea to sell my IS300 to my friend and was wondering what would be a fair price. Bluebook says $20500. If I bring it to a dealer, I would get $18000 according to the book. I have a 2001 IS300 (full option) with 31,000 miles on. It just got 30,000 mile service ($750). I've never missed a service. The car is in an excellent condition with a very minor scratch/dent on lower part of the right rear door and body. Tires (performance) and wheels (Lexus factory made) are only a half year old. I've also purchased 3 additional factory warranty from Lexus. I'm plannig to sell my car at the end of this December. How would I find a fair price? What would be a fair price? (and, is there any potential buyer ou there?) Thank you for your time and input. Quote Link to comment Share on other sites More sharing options...
bartkat Posted November 26, 2004 Share Posted November 26, 2004 Trade in = $18,324 Private sale = $20,344 Dealer retail = $22,382 You can run the appraisal program here. http://www.edmunds.com/used/2001/lexus/is3...e.num1.1.lexus* Quote Link to comment Share on other sites More sharing options...
SKperformance Posted November 26, 2004 Share Posted November 26, 2004 I still say that is high since the 01 is not wanted as their are more improvments on an 02 as well full options is meaningless as their are 3 tiers in Canada not sure where you are but here it is a,b and c which interior ,rims and otehr options do you have Quote Link to comment Share on other sites More sharing options...
bartkat Posted November 26, 2004 Share Posted November 26, 2004 That's another good reason he should check on Edumds.com and plug in his zip code. Prices do vary by location. Quote Link to comment Share on other sites More sharing options...
IS300inDC Posted November 26, 2004 Author Share Posted November 26, 2004 Thank you so much for your quick and timely input. I've used online calculator and got the similar result. Private transaction = around $20500. The seller (I) is located in Washington DC and the Buyer in Boston. This is my first time to sell or buy anything this expensive between friends. I'm not looking to make a large profit. I just want to be fair. What should be the price range? I would assume that usually it's hard to find a buyer right away and the end price tends to be lower than the result by calculator. Please, give me some number and your justification/ opinion. Thanks a lot. Quote Link to comment Share on other sites More sharing options...
bartkat Posted November 26, 2004 Share Posted November 26, 2004 Thank you so much for your quick and timely input.I've used online calculator and got the similar result. Private transaction = around $20500. The seller (I) is located in Washington DC and the Buyer in Boston. This is my first time to sell or buy anything this expensive between friends. I'm not looking to make a large profit. I just want to be fair. What should be the price range? I would assume that usually it's hard to find a buyer right away and the end price tends to be lower than the result by calculator. Please, give me some number and your justification/ opinion. Thanks a lot. ← The prices you find online are selling prices, not asking prices. Blue Book prices are derived from actual sales. It's your choice man. I doubt there's any profit in selling a car you've had for awhile. Maybe price it between wholesale and private sale value. If selling to a friend, get the money up front. It's easy to lose a friend over a car deal. Quote Link to comment Share on other sites More sharing options...
IS300inDC Posted November 26, 2004 Author Share Posted November 26, 2004 Thank you for your advice. Hope things go smoothly. Quote Link to comment Share on other sites More sharing options...
SlickWillie Posted December 1, 2004 Share Posted December 1, 2004 I'm in the market for an '01 or '02 in Northern VA. Is it 5 spd? Quote Link to comment Share on other sites More sharing options...
SlickWillie Posted December 1, 2004 Share Posted December 1, 2004 ok, I'm tired and a 1/2 wit. 01-its auto. answered my own question. I'm looking for a 5 spd. Quote Link to comment Share on other sites More sharing options...
IS300inDC Posted December 1, 2004 Author Share Posted December 1, 2004 You are right. It's auto (5 speed e-tronics). ok, I'm tired and a 1/2 wit.01-its auto. answered my own question. I'm looking for a 5 spd. ← Quote Link to comment Share on other sites More sharing options...
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