amcdonal86 Posted January 16, 2009 Author Share Posted January 16, 2009 Here's an example of what I'm talking about with regard to how cheap the LS 430's are getting. This is a 2003 Ultra:http://www.cars.com/go/search/detail.jsp;?...leadExists=true And it's negotiable. Haha, yeah, I think the economy is hitting the used luxury car market pretty hard. Nobody wants the additional maintenance cost, and people with money are buying the new ones (as they always have). Quote Link to comment Share on other sites More sharing options...
GKLCPA Posted January 16, 2009 Share Posted January 16, 2009 Here's an example of what I'm talking about with regard to how cheap the LS 430's are getting. This is a 2003 Ultra:http://www.cars.com/go/search/detail.jsp;?...leadExists=true And it's negotiable. Haha, yeah, I think the economy is hitting the used luxury car market pretty hard. Nobody wants the additional maintenance cost, and people with money are buying the new ones (as they always have). Yep and a major factor as well is dried up credit. Not being able to get credit, really reduces the number of people who can buy. That 2003 can probably be had for 13-14K which is almost like giving that car away. If I was in the market, I'd definitely look at some 430's right now. The LS 400's don't look like they taken that much of a hit to me Quote Link to comment Share on other sites More sharing options...
amcdonal86 Posted January 16, 2009 Author Share Posted January 16, 2009 Here's an example of what I'm talking about with regard to how cheap the LS 430's are getting. This is a 2003 Ultra:http://www.cars.com/go/search/detail.jsp;?...leadExists=true And it's negotiable. Haha, yeah, I think the economy is hitting the used luxury car market pretty hard. Nobody wants the additional maintenance cost, and people with money are buying the new ones (as they always have). Yep and a major factor as well is dried up credit. Not being able to get credit, really reduces the number of people who can buy. That 2003 can probably be had for 13-14K which is almost like giving that car away. If I was in the market, I'd definitely look at some 430's right now. The LS 400's don't look like they taken that much of a hit to me You are right. But NADA Clean retail for my LS400 was $10550, so at $7400 out the door, I think I got a steal! (Clean trade in is supposedly $8325.) Quote Link to comment Share on other sites More sharing options...
GKLCPA Posted January 17, 2009 Share Posted January 17, 2009 Here's an example of what I'm talking about with regard to how cheap the LS 430's are getting. This is a 2003 Ultra:http://www.cars.com/go/search/detail.jsp;?...leadExists=true And it's negotiable. Haha, yeah, I think the economy is hitting the used luxury car market pretty hard. Nobody wants the additional maintenance cost, and people with money are buying the new ones (as they always have). Yep and a major factor as well is dried up credit. Not being able to get credit, really reduces the number of people who can buy. That 2003 can probably be had for 13-14K which is almost like giving that car away. If I was in the market, I'd definitely look at some 430's right now. The LS 400's don't look like they taken that much of a hit to me You are right. But NADA Clean retail for my LS400 was $10550, so at $7400 out the door, I think I got a steal! (Clean trade in is supposedly $8325.) NADA tends to be a bit high. Here's a link to edmunds true market value for your car: http://www.edmunds.com/used/1997/lexus/ls4...929/prices.html You got a fair deal if you compare with Edmunds which is still nothing to feel bad about considering that the LS is the best used car out there. Quote Link to comment Share on other sites More sharing options...
amcdonal86 Posted January 17, 2009 Author Share Posted January 17, 2009 Here's an example of what I'm talking about with regard to how cheap the LS 430's are getting. This is a 2003 Ultra:http://www.cars.com/go/search/detail.jsp;?...leadExists=true And it's negotiable. Haha, yeah, I think the economy is hitting the used luxury car market pretty hard. Nobody wants the additional maintenance cost, and people with money are buying the new ones (as they always have). Yep and a major factor as well is dried up credit. Not being able to get credit, really reduces the number of people who can buy. That 2003 can probably be had for 13-14K which is almost like giving that car away. If I was in the market, I'd definitely look at some 430's right now. The LS 400's don't look like they taken that much of a hit to me You are right. But NADA Clean retail for my LS400 was $10550, so at $7400 out the door, I think I got a steal! (Clean trade in is supposedly $8325.) NADA tends to be a bit high. Here's a link to edmunds true market value for your car: http://www.edmunds.com/used/1997/lexus/ls4...929/prices.html You got a fair deal if you compare with Edmunds which is still nothing to feel bad about considering that the LS is the best used car out there. Edmunds TMV says $10,797 for dealer retail and $8,614 for private party. Keep in mind the car only has 91k miles and is in outstanding condition! Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.