2006-11-01 11:20:59 · 9 answers · asked by Judy B 1 in Cars & Transportation ➔ Buying & Selling
Contrary to what other posters have said, a high mileage car is likely to have a lot of highway miles which do not place wear and tear on the internal engine components. With 2007 almost upon us, the car's average mileage per year will decrease. Carmax would sell this car as a "Valumax" car because the previous owner already ate the depreciation - you may be the car's 3rd owner assuming that you haven't done a Carfax report. The Lexus also holds its resale value very well - the high mileage will take a chunk away from the value.
According to Kelly Blue Book, the suggested retail price is $20,300 - which testifies to Lexus' high resale value. If you're buying this car from Carmax - they are likely to price it at $20,998. If you're buying from a used car dealer - offer them $17,000 and secure your own financing because a bank will underwrite a loan for a 4 year old car. Good luck.
2006-11-01 13:14:15 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I agree with John S. about getting a slightly less used car, and would even suggest you consider a 2003 RX with less than 50K miles, so that it's still under the full manufacturer warranty in case you discover that something needs to be fixed. These go for under $25K if you look in the right place.
2006-11-01 11:42:55 · answer #2 · answered by motobidia 2 · 0⤊ 0⤋
You'll never get that car for 10k unless it's a wreck. Those hold their value pretty well. You can find those with alot less miles. Most are driven by people that aren't out driving all the time. You should be able to find one with 50-60k for around $20,000
2006-11-01 11:32:05 · answer #3 · answered by Papa John 6 · 0⤊ 0⤋
Kelley Blue Book - New Car Pricing, Used Car Values
Research accurate retail or trade-in Blue Book values for used cars and dealer invoice and MSRP for new cars.
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2006-11-01 11:22:41 · answer #4 · answered by god knows and sees else Yahoo 6 · 0⤊ 0⤋
No more than 10g, That's alot of miles, My aunt just bought a 2002 audi a6 brand new was 46grand, she paid 18g for it. and it only has 43,000 miles on it.
2006-11-01 11:26:49 · answer #5 · answered by Anonymous · 0⤊ 1⤋
Great point, but I'm not 100%
2016-08-08 18:28:56 · answer #6 · answered by ? 4 · 0⤊ 0⤋
Too many miles in it. Get it as cheaper as possible.
2006-11-01 12:09:47 · answer #7 · answered by wazup1971 6 · 0⤊ 0⤋
11K, depending on the history of the vehicle and condition.
2006-11-01 11:51:43 · answer #8 · answered by Snowman 2 · 0⤊ 0⤋
Finally, that's what I was exploring for! Thanks to author of this question.
2016-08-23 09:55:10 · answer #9 · answered by ? 4 · 0⤊ 0⤋