hey guys I might sell my new lx470 father in laws car because it may be too much for me because I have an 80 series lc. The lx470 has 30,000 miles and is in mint condition! Selling for 40k or best offer just want to see if it will sell I'm in SO CAL
For Sale 2007 lx470
- Thread starter Joegasamanian
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What a coincidence! I was test-driving a virtually identical 2007 LX but with 49,000 miles last weekend, offered by Toyota of Livermore here in NorCal. Decided it wasn't worth $39,900. Was psychologically ready to buy it on the spot for $35,000 though. A very clean car - can eat from its underside, and drives great.
The dealer has been trying to sell that car for over 4 months now. I believe they started at around $42,000. So that's one data point. Not sellable at that price. Another data point is 2007 LX with a similar mileage from Arizona, which lasted on Craigslist for less than a week some time in April this year. The private seller was asking $32,000 and his LX didn't "survive" until Saturday, when I was going to show up in Phoenix.
According to the formula I came up with last weekend, my threshold for your car, assuming it doesn't have mechanical or cosmetic issues and is rust-free, is $36,615. So yes, it will sell. Quickly for $35,000 but at $40,000 you'd have some competition. Please let me know if $36,615 sounds fair to you. Unfortunately, once again I can't travel until Friday night - too much work this week.
The dealer has been trying to sell that car for over 4 months now. I believe they started at around $42,000. So that's one data point. Not sellable at that price. Another data point is 2007 LX with a similar mileage from Arizona, which lasted on Craigslist for less than a week some time in April this year. The private seller was asking $32,000 and his LX didn't "survive" until Saturday, when I was going to show up in Phoenix.
According to the formula I came up with last weekend, my threshold for your car, assuming it doesn't have mechanical or cosmetic issues and is rust-free, is $36,615. So yes, it will sell. Quickly for $35,000 but at $40,000 you'd have some competition. Please let me know if $36,615 sounds fair to you. Unfortunately, once again I can't travel until Friday night - too much work this week.
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- #3
Pm me I'll work out something bro
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- #4
So I guess price was posted high. I thought that's what it's worth I'll take $37k or best offer
Its difficult to price an 07 LX with such low mileage.
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Balance was the first to pm and text me and offered more than you did? These days it's dog eat dog !
In your world maybe....lol!
In my circle, we say what we do and we do what we say at all cost!....
As for you, our paths shall not cross .... Good riddance!
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- #10
You got it! Thank you !
I don't blame you. The way I see it, first person to rush to you with cash in hand ready to make the deal, its theirs. I've learned this lesson dealing with people via Craigslist over the years.
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- #12
Bump stil for sale
Just got back from LA. After 11 days of stalling, yesterday the seller finally invited me to see and buy the car. Took a vacation day, jumped on the plane, got a rental car, and drove to the LX470 as soon as I could, ready to pay with cash and cashier's check. Well, it was LX470 made in January of 2007, with 30,500 miles on odometer and virtually no rust. So far so good. Then plot thickened.
The "missing" photos - e.g. of the driver's seat, dashboard, steering wheel, rear left quarter view - hide cosmetic defects: wrinkles, scratches, cuts, abrasions. The interior of my 2006 LX470 with 116,000 miles looks better.
AHC suspension is shot. Rough, bounces all over, switching the dampening modes produces almost no effect. Seller seemed not to understand what I was talking about. Once again, my older, higher-miles LX470 rides much better.
And finally the last straw that unraveled the deal - according to the car's title, the car has been already sold to a local dealer. Explanation given: seller's remorse - the car was indeed sold to a dealer, but then recalled back the next day. Seller showed a handwritten paper to that effect - not an official DMV form, no official dealership letterhead, no corporate seal imprint, and no officer's signature.
There were other smaller yet numerous indications that led me to suspect that my leg was pulled. I felt I was speaking with a side alley dealer, not with an owner or owner's representative - a subjective feeling, yet a very strong one, and I learned to trust those over the years. Perhaps I'm too paranoid, but it all just felt incredibly fishy. Enough is enough. I apologized for not being able to close the deal under such circumstances, and drove away.
So, ladies and gentlemen, the opportunity to buy that car is yours now.
The "missing" photos - e.g. of the driver's seat, dashboard, steering wheel, rear left quarter view - hide cosmetic defects: wrinkles, scratches, cuts, abrasions. The interior of my 2006 LX470 with 116,000 miles looks better.
AHC suspension is shot. Rough, bounces all over, switching the dampening modes produces almost no effect. Seller seemed not to understand what I was talking about. Once again, my older, higher-miles LX470 rides much better.
And finally the last straw that unraveled the deal - according to the car's title, the car has been already sold to a local dealer. Explanation given: seller's remorse - the car was indeed sold to a dealer, but then recalled back the next day. Seller showed a handwritten paper to that effect - not an official DMV form, no official dealership letterhead, no corporate seal imprint, and no officer's signature.
There were other smaller yet numerous indications that led me to suspect that my leg was pulled. I felt I was speaking with a side alley dealer, not with an owner or owner's representative - a subjective feeling, yet a very strong one, and I learned to trust those over the years. Perhaps I'm too paranoid, but it all just felt incredibly fishy. Enough is enough. I apologized for not being able to close the deal under such circumstances, and drove away.
So, ladies and gentlemen, the opportunity to buy that car is yours now.
"These days, it is a dog eat dog world..." LOL!
I'll buy it.
I'll buy it.
wow, what does he think if he leaves out all the issues from the description and pictures that the buyer wont see them after coming over?
After reading Balance's experience with this guy, I would not even buy a water bottle from him.
After reading Balance's experience with this guy, I would not even buy a water bottle from him.
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- #16
I'll post more pictures detailed to show you all is untrue. What pictures do you need ? I can post all interior. I can assure you guys ahc is working. There are absolutely no cuts or scratches !
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Balance was a really nice guy and he completely checked out the car and wanted to buy it! The paperwork was by my father in law meaning the title of the car and it's registered to him but he gave it to carmax and carmax bough it off him ! He is going to dmv today to get a new title on the car!
I have no desire to turn this into yet another Internet flame war. However, since the seller told us he wants to know what he needs to do in order to sell the car, here's the answer:
(1) If you haven't figured out yet from the ih8mud classifieds how it is done, go to eBay and Autotrader, search for "LX470", and see how many and what photos the sellers post. The best ones post close-ups of every imperfection. Hiding obvious imperfections makes the buyer think "What else is he hiding?". I've seen classifieds on ih8mud where sellers described every scratch and stain, and the reasons the sellers decided not to fix them.
(2) I didn't say the AHC doesn't work, I said it is "shot". This is a typical condition well known to LX470 owners, and discussed on ih8mud forums numerous times. Perhaps flushing the fluid and replacing the spheres will fix it. Or maybe it is the dreaded consequence of windshield washing fluid put by an oil change place employee in the AHC extension tank. Expected average repair cost in the area where I live: ~$3,500 (cheaper if you do the work yourself). So, either fix it or discount the car.
(3) Be knowledgeable of the Law, especially the Contract Law. It is said that there are laws on the books that contradict US Constitution, yet there isn't a single law or regulation in the US that contradict the Contract Law. If you are selling something, especially an expensive item, your documentation proving the ownership has to be squeaky clean, so that the Sales Agreement could be unambiguously executed.
(4) I could not possibly "completely check the car", as I'm not a certified mechanic, and didn't have access to tools and equipment to even figure out why the tire pressure warning indicator was lit. I did offer the seller to pay for the pre-purchase check by an independent mechanic before I flew out, but that offer was not accepted. This is a big red flag for buyers. This is an example of an offer a reputable seller shall not refuse.
I think the car is most likely sellable, but needs to be either fixed up to perfection or discounted. For those who want to build it up (which starts with ripping out AHC), it could be a good rust-free platform to work with - providing that a thorough mechanical check-up gives a clean bill of health to the rest of it. My goal is different, I just want a fresher, cleaner version of what I already have, at a reasonable price, including up-to-spec AHC, and this LX470 - regrettably - ain't it.
(1) If you haven't figured out yet from the ih8mud classifieds how it is done, go to eBay and Autotrader, search for "LX470", and see how many and what photos the sellers post. The best ones post close-ups of every imperfection. Hiding obvious imperfections makes the buyer think "What else is he hiding?". I've seen classifieds on ih8mud where sellers described every scratch and stain, and the reasons the sellers decided not to fix them.
(2) I didn't say the AHC doesn't work, I said it is "shot". This is a typical condition well known to LX470 owners, and discussed on ih8mud forums numerous times. Perhaps flushing the fluid and replacing the spheres will fix it. Or maybe it is the dreaded consequence of windshield washing fluid put by an oil change place employee in the AHC extension tank. Expected average repair cost in the area where I live: ~$3,500 (cheaper if you do the work yourself). So, either fix it or discount the car.
(3) Be knowledgeable of the Law, especially the Contract Law. It is said that there are laws on the books that contradict US Constitution, yet there isn't a single law or regulation in the US that contradict the Contract Law. If you are selling something, especially an expensive item, your documentation proving the ownership has to be squeaky clean, so that the Sales Agreement could be unambiguously executed.
(4) I could not possibly "completely check the car", as I'm not a certified mechanic, and didn't have access to tools and equipment to even figure out why the tire pressure warning indicator was lit. I did offer the seller to pay for the pre-purchase check by an independent mechanic before I flew out, but that offer was not accepted. This is a big red flag for buyers. This is an example of an offer a reputable seller shall not refuse.
I think the car is most likely sellable, but needs to be either fixed up to perfection or discounted. For those who want to build it up (which starts with ripping out AHC), it could be a good rust-free platform to work with - providing that a thorough mechanical check-up gives a clean bill of health to the rest of it. My goal is different, I just want a fresher, cleaner version of what I already have, at a reasonable price, including up-to-spec AHC, and this LX470 - regrettably - ain't it.
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- #19
Ok this is what I'll do....what war ? I have no problem with you Sergei! If the deal didn't go through it didn't go through! It's my fault I didn't post more pictures! But what I will tell you or whoever is reading this....I will send or post detailed pictures regarding all the stains and whatever it is you speak of! I'm glad you point all these out saying that it has all these problems! I will post detailed pictures of everything and if I am missing any Picture you let me know! I'm an honest guy and there is nothing that I'm hiding!
Post all the areas that you say I'm not detailing and I will show them to the forum! If anybody is interested from so cal feel free to come by and check it out!
Lastly if you are complaining about all this because of the paperwork, that's really messed up! After you checked it out for about an hour and drove it and detailed around and inside of it... You came directly to me and said ok let's go to the bank and make the transaction. I even asked you if everything was good and if you liked it! Shoot if you wanted to stick around for another day and took it to a mechanic of your choice I would have done that! how come you left all that out of the details ? And for the future anybody that wants to check it out themselves let's take it to a mechanic and have it checked together because I'm no liar! I will be posting pics on Saturday
Post all the areas that you say I'm not detailing and I will show them to the forum! If anybody is interested from so cal feel free to come by and check it out!
Lastly if you are complaining about all this because of the paperwork, that's really messed up! After you checked it out for about an hour and drove it and detailed around and inside of it... You came directly to me and said ok let's go to the bank and make the transaction. I even asked you if everything was good and if you liked it! Shoot if you wanted to stick around for another day and took it to a mechanic of your choice I would have done that! how come you left all that out of the details ? And for the future anybody that wants to check it out themselves let's take it to a mechanic and have it checked together because I'm no liar! I will be posting pics on Saturday
I left out quite a bit of the details
For instance, that I once was eBay employee, and did some work for its anti-fraud division, which explains my higher-than-usual standard of due diligence. That in the beginning I was disturbed by your reluctance to provide the car's VIN and actual owner's name. Also, by your initial insistence on all-cash transaction. Once you told me your real name, I ran a civilian version of background check on you. Do you give me your permission to publicly share the details I found that might be pertinent to this conversation?
My motivation for even going into this further is to establish my reputation on this forum as a serious buyer and maybe some day a seller. Also, to provide a reciprocal service to the community that supplied me with so much valuable information - I've been a long time lurker. So far I only stated easily verifiable discrepancies from you description of the car as not having any mechanical issues whatsoever and "excellent" interior condition, as I encountered it on July 7th. I guess by Saturday you'll paint the bumper, perhaps fix some of the interior imperfections, and provide the pictures of the improved condition.
Yes indeed, I was ready to draft the Purchase Agreement with the participation of a Wells Fargo representative, as the bank would be the owner of the vehicle, for hopefully a short period until I sell my current LX470 and repay the bridge loan I took out to buy your car. The bank would verify my and your identities as bank customers, and would hold the payment in escrow. Enforcement of the agreement would be subject to a pre-purchase check by a mechanic designated by the bank. If the owner balked, the deal would not go through. If he agreed, we could have driven to mechanic and closed the transaction that very day. If mechanic confirmed my opinion regarding the AHC condition or found other issues, I would have grounds for renegotiating the price.
But it all went out the window. The situation I encountered at the bank was quite "interesting". Here I was, a decades-old bank customer, by all appearances trying to help defrauding the bank by allegedly buying a car from someone who, according to the presented title, no longer owned it. As I mentioned before, it was the last straw. The "third strike" so to speak. I hope those details of unsuccessful transaction will help you and others to commence the sale some time later in a more organized fashion. It appears to be a clean low-miles LX470 after all, commanding the requisite respect.
For instance, that I once was eBay employee, and did some work for its anti-fraud division, which explains my higher-than-usual standard of due diligence. That in the beginning I was disturbed by your reluctance to provide the car's VIN and actual owner's name. Also, by your initial insistence on all-cash transaction. Once you told me your real name, I ran a civilian version of background check on you. Do you give me your permission to publicly share the details I found that might be pertinent to this conversation?
My motivation for even going into this further is to establish my reputation on this forum as a serious buyer and maybe some day a seller. Also, to provide a reciprocal service to the community that supplied me with so much valuable information - I've been a long time lurker. So far I only stated easily verifiable discrepancies from you description of the car as not having any mechanical issues whatsoever and "excellent" interior condition, as I encountered it on July 7th. I guess by Saturday you'll paint the bumper, perhaps fix some of the interior imperfections, and provide the pictures of the improved condition.
Yes indeed, I was ready to draft the Purchase Agreement with the participation of a Wells Fargo representative, as the bank would be the owner of the vehicle, for hopefully a short period until I sell my current LX470 and repay the bridge loan I took out to buy your car. The bank would verify my and your identities as bank customers, and would hold the payment in escrow. Enforcement of the agreement would be subject to a pre-purchase check by a mechanic designated by the bank. If the owner balked, the deal would not go through. If he agreed, we could have driven to mechanic and closed the transaction that very day. If mechanic confirmed my opinion regarding the AHC condition or found other issues, I would have grounds for renegotiating the price.
But it all went out the window. The situation I encountered at the bank was quite "interesting". Here I was, a decades-old bank customer, by all appearances trying to help defrauding the bank by allegedly buying a car from someone who, according to the presented title, no longer owned it. As I mentioned before, it was the last straw. The "third strike" so to speak. I hope those details of unsuccessful transaction will help you and others to commence the sale some time later in a more organized fashion. It appears to be a clean low-miles LX470 after all, commanding the requisite respect.
