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Need help with 1999 GS300 negotiation

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Andy
 
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Default Need help with 1999 GS300 negotiation - 07-21-2003 , 02:09 AM






I'm planning to purchase a used 1999 GS300 - 30 to 50k miles. Most
likely from the dealer. Would appreciate advice from anyone who's
made a similar purchase recently or would have insight into the
process:

* How much were you able to negotiate the dealer down (pls include
year & miles)
* What's the markup on Certified cars - how does that affect price
* How were you treated on your trade-in

Also, with the special used Lexus financing in effect, does that put
more pressure on the dealer to move units this month?

Pls e-mail a1andy (AT) aol (DOT) com. Many thanks!

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DonB
 
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Default Re: Need help with 1999 GS300 negotiation - 07-22-2003 , 12:30 PM






a1andy (AT) aol (DOT) com (Andy) wrote in message news:<68b4b0c3.0307202209.4b218362 (AT) posting (DOT) google.com>...
Quote:
I'm planning to purchase a used 1999 GS300 - 30 to 50k miles. Most
likely from the dealer. Would appreciate advice from anyone who's
made a similar purchase recently or would have insight into the
process:

* How much were you able to negotiate the dealer down (pls include
year & miles)
* What's the markup on Certified cars - how does that affect price
* How were you treated on your trade-in

Also, with the special used Lexus financing in effect, does that put
more pressure on the dealer to move units this month?

Pls e-mail a1andy (AT) aol (DOT) com. Many thanks!

When I was with my son last year and he was buying a used 2000 ES, the
dealer offered to certify it for $850. Since it had only 16K on it and
2 1/2 years left on the warranty he passed. So I would think that the
$850 is about the cost of certified over non certified.

I've seen certified 99 GS300 for 22,995 - 26995 with around 45-55 k
miles.


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  #3  
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DonB
 
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Default Re: Need help with 1999 GS300 negotiation - 07-22-2003 , 12:30 PM



a1andy (AT) aol (DOT) com (Andy) wrote in message news:<68b4b0c3.0307202209.4b218362 (AT) posting (DOT) google.com>...
Quote:
I'm planning to purchase a used 1999 GS300 - 30 to 50k miles. Most
likely from the dealer. Would appreciate advice from anyone who's
made a similar purchase recently or would have insight into the
process:

* How much were you able to negotiate the dealer down (pls include
year & miles)
* What's the markup on Certified cars - how does that affect price
* How were you treated on your trade-in

Also, with the special used Lexus financing in effect, does that put
more pressure on the dealer to move units this month?

Pls e-mail a1andy (AT) aol (DOT) com. Many thanks!
Also many certified Lexus are available with the 1.9% Lexus financing.


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  #4  
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GRL
 
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Default Re: Need help with 1999 GS300 negotiation - 07-26-2003 , 09:25 AM



You are right about the extended warranty on a Lexus or Toyota, not really
worth it. When we bought our 2 year old '02 Lexus from a Lexus dealer I
negotiated a price then told the salesman I wanted the 6 year extended
warranty (in other words, another 2 years past the 4 year standard warranty)
for no additional charge. He hemmed and hawed, but I said I'd walk otherwise
(and meant it), so he gave it to me.

The only warranty claim I ever made was for a broken bracket in one seat,
and that happened within the original warranty period. Zero claims during
the extended warranty period - and the only thing that went wrong since was
an oxygen sensor that went south and I had to pay $150 to replace.

I know this is just one data point, but it testifies to excellent
Toyota/Lexus reliability and makes me question whether an extended warranty
is worth paying for at all. Getting it for "free" is another matter.

--

- GRL

"It's good to want things."

Steve Barr (philosopher, poet, humorist, chemist,
Visual Basic programmer)
"Iona Camry" <ionacamry (AT) aol (DOT) com> wrote

Quote:
* What's the markup on Certified cars - how does that affect price

Too much. Marketing scam.
But it's a decent extended warranty, if that's what you really want.

A car is either good or it isn't.
I bought my 1988 V6 Camry in 1991, before any of these Certified programs
was
around.
I took good care of it, and I had no trouble with it for the past 13
years.
If I had spent $5K to $8K more for a Certification, that would have been
money down the drain.

Now, if you bought a FORD....

If I had bought a new 1991 V6 Camry, it would probably look and perform
the same today as the one I have right now, but it would have cost
me almost $10K more back then.

I bought a 2000 ES 300 with another year of remaining factory warranty,
and
I am proud to say I own a Un-Certified, Used Lexus, and I saved myself
some
bucks.
And I would have it no other way
If my ES 300 breaks down in the next decade, I intend to report every
single
detail of what happened in this newsgroup.




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