2014 Price Check

[reddog90]

Could I get some input on these prices?

#1. 2014, magnetic gray/black, 70k miles, 1 owner, clean carfax but only 2 service records. TX truck. Priced at $44.6k.
It was a trade in at my dealer; PO traded for a 2017 TLC. Maybe they did their own maintenance? KBB dealer value is $41-44.7k

#2 2014, blizzard pearl/tan, 48k miles, 2 owners, only 5 service records. Minor to moderate rear end collision in 2016 (no airbag deployment). TX truck. priced at $48.9k
KBB dealer value is $45-49k.

#3. 2014, blizzard pearl/tan, 34k miles, 2 owner (1st owner was a 4 month lease for 4k miles), clean carfax with 12 service records at dealerships. Alabama then Arizona truck. Priced at $51.8k.
My dealer purchased it at auction. KBB dealer value is $48-52k.

I want to forget about #2 because of the collision. I have looked at #1 & 3 in person and they seem well maintained. KDSS only has very light surface rust and undercarriage looks fine on both. I feel like #3 is the best option because I like the colors, it has service records and is low miles. $52k is really stretching my budget though. That is a really low mile 2014 but I'm not sure if that would make a difference the next go around? Thanks for any advice.

 

[JOFS]

For Sale - Most recent 200 Series purchase prices

forum.ih8mud.com

This link has lots of helpful price info

John

 

[40Man]

Here is a list of different auction sales of 2013-2018 Land Cruiser models to give you an idea what many dealers are paying, which may help with negotiation:

Keep in mind, that this summary does not show the condition of each vehicle sold.

All Matching Vehicles9 Vehicles in Sample

	Minimum	Maximum	Average
Sale Price	$26,300	$63,850	$47,628
Odometer	11,840	135,716	59,553

2018 Models1 Vehicle in Sample

	Minimum	Maximum	Average
Sale Price	$63,850	$63,850	$63,850
Odometer	11,840	11,840	11,840

2017 Models3 Vehicles in Sample

	Minimum	Maximum	Average
Sale Price	$48,700	$59,900	$54,600
Odometer	31,306	41,162	36,108

2016 Models1 Vehicle in Sample

	Minimum	Maximum	Average
Sale Price	$50,000	$50,000	$50,000
Odometer	67,329	67,329	67,329

2015 Models1 Vehicle in Sample

	Minimum	Maximum	Average
Sale Price	$44,000	$44,000	$44,000
Odometer	62,937	62,937	62,937

2014 Models1 Vehicle in Sample

	Minimum	Maximum	Average
Sale Price	$44,800	$44,800	$44,800
Odometer	45,126	45,126	45,126

2013 Models2 Vehicles in Sample

	Minimum	Maximum	Average
Sale Price	$26,300	$35,900	$31,100
Odometer	104,708	135,716	120,212

 

[40Man]

Land Cruiser sales:

Auto Auction - Birmingham09/05/2019 2017 31306 WHITE4D SUVGasoline4WD5.7L 8cyl.$59,900.00

Auto Auction - Saint Louis09/26/2019 2017 35857 SILVER4D SUVGasoline4WD5.7L 8cyl.$55,200.00

Auto Auction - West Michigan09/27/2019 2013 135716 BLACK4D SUVGasoline4WD5.7L 8cyl.$26,300.00

Auto Auction of Montana08/21/2019 2017 41162 BROWN4D SUVGasoline4WD8cyl.$48,700.00

Auto Auction - Atlanta09/19/2019 2013 104708 Silver4D SUVGasoline4WD5.7L 8cyl.$35,900.00

Auto Auction - Atlanta08/29/2019 2014 45126 Black4D SUVGasoline4WD5.7L 8cyl.$44,800.00

Auto Auction 09/19/2019 2018 11840 Black4D SUVGasoline4WD5.7L 8cyl.$63,850.00

Auto Auction - Dallas10/01/2019 2015 62937 Black4D SUVGasoline4WD5.7L 8cyl.$44,000.00

Auto Auction - Dallas09/10/2019 2016 67329 White4D SUVGasoline4WD5.7L 8cyl.$50,000.00

Again, condition varies on each of these, but it gives you an idea of what they are selling for.
Columns show location, date of sale, model year, mileage, etc.

 

[32cls6speedmt]

are the prices for lc?

 

[40Man]

LX 570 Auction Sales:

Auto Auction 09/06/2019201814330White4D SUV AWD w/2-RowGasolineAWD5.7L 8cyl.$67,000.00
Auto Auction 09/09/2019201719961WHITE4D SUV 4WDGasolineAWD5.7L 8cyl.$62,000.00
Auto Auction 09/26/2019201825871WHITE4D SUV AWD w/3-RowGasolineAWD5.7L 8cyl.$69,700.00
Auto Auction 09/11/2019201627645WHITE4D SUV 4WDGasoline4WD5.7L 8cyl.$62,750.00
Auto Auction 08/30/2019201532965BLACK4D SUV 4WDGasolineAWD5.7L 8cyl.$45,000.00
Auto Auction 08/29/2019201638952WHITE4D SUV 4WDGasolineAWD5.7L 8cyl.$64,001.00
Auto Auction 08/21/2019201556439BLACK4D SUV 4WDGasoline4WD5.7L 8cyl.$40,500.00
Auto Auction 08/22/2019201574478BLACK4D SUV 4WDGasolineAWD5.7L 8cyl.$38,700.00
Auto Auction 08/22/2019201677464WHITE4D SUV 4WDGasolineAWD5.7L 8cyl.$54,500.00
Auto Auction 09/13/2019201399926BLACK4D SUV 4WDGasolineAWD5.7L$29,000.00
Auto Auction 09/27/20192013107835SILVER4D SUV 4WDGasoline4WD5.7L 8cyl.$25,900.00
Auto Auction 09/11/20192013137082BLACK4D SUV 4WDGasoline4WD5.7L 8cyl.$26,500.00
Auto Auction 09/11/20192014146639BLACK4D SUV 4WDGasoline4WD5.7L 8cyl.$27,250.00
Auto Auction 09/27/20192013170205PEWTER4D SUV 4WDGasoline4WD5.7L 8cyl.$23,200.00

 

[40Man]

are the prices for lc?

I've listed both Land Cruiser and LX.

 

[Chocolate]

Check the VINs on the Toyota owners website. You can see any dealer service records.

 

[Ali FJ80]

your dealer paid $44k plus fees and transport for the #3, second one on the list.

 

[Chocolate]

That was a good buy for a 2014 with 34k miles.

 

[Chocolate]

Looked up wholesale auction buyer's fees and I'm seeing around 6%. So that would be 46,640+transport, which still isn't too bad. There can be other fees as well. Seems like the best one in the list.

 

[reddog90]

your dealer paid $44k plus fees and transport for the #3, second one on the list.

View attachment 2096338

Where is that info available?

 

[Ali FJ80]

Looked up wholesale auction buyer's fees and I'm seeing around 6%. So that would be 46,640+transport, which still isn't too bad. There can be other fees as well. Seems like the best one in the list.

Fee caps out at like 450 or 500 for buyers.

Where is that info available?

This is from the dealer auction site. Dont believe its published anywhere.

 

[reddog90]

Fee caps out at like 450 or 500 for buyers.



This is from the dealer auction site. Dont believe its published anywhere.

Thanks. So they most likely paid ~$44.5k? I know they need to make a little profit, but it seems steep right now.

 

[reddog90]

Check the VINs on the Toyota owners website. You can see any dealer service records.

How do I do this? Do I have to make an account first and then search the VIN?

 

[Ali FJ80]

Thanks. So they most likely paid ~$44.5k? I know they need to make a little profit, but it seems steep right now.

Yeah. Say 44.5k for the truck then 1k shipping and any work they may have done. Rating was a 4 so not perfect(5) and maybe minor mechanical or cosmetic work was done but yes they seem to be going for the high mark.

 

[40Man]

The markup on used cars can be quite high, often much, much higher than new car sales.

 

[mooneywa]

Consider a bit what dealer you're buying from (if it's in Houston). Is it a Toyota dealer or at least another reputable dealer or is it one of those NXESS type dealers that specialize in Bentleys and bad credit? Also recommend a PPI if you have any concerns about it.

 

[Chocolate]

@Ali FJ80 you are right about the fees. About 450-500.

It's nice to know the story on a rig.

Here's some of the generous terms on one auction site. Buyer beware.


Terms and Conditions of the Auction

• All vehicles are sold on an "AS-IS, WHERE-IS" basis. The Commonwealth and Keystone Pennsylvania Auto Auction offer no warranties or guarantees, express or implied, including without limitation, the implied warranties of merchantability and fitness for a particular purpose.
• There will be no refunds or adjustments if the sale or a vehicle in the sale does not meet the personal expectations of the buyer, or if the buyer does not inspect the vehicle prior to sale.
• There will be No Arbitration and No Returns

AND NO TEST DRIVES!!

 

[reddog90]

Consider a bit what dealer you're buying from (if it's in Houston). Is it a Toyota dealer or at least another reputable dealer or is it one of those NXESS type dealers that specialize in Bentleys and bad credit? Also recommend a PPI if you have any concerns about it.

They are a reputable used car broker and dealer, but not a Toyota dealership. They try to always have some Land Cruisers in their lot.

@Ali FJ80 you are right about the fees. About 450-500.

It's nice to know the story on a rig.

Here's some of the generous terms on one auction site. Buyer beware.


Terms and Conditions of the Auction

• All vehicles are sold on an "AS-IS, WHERE-IS" basis. The Commonwealth and Keystone Pennsylvania Auto Auction offer no warranties or guarantees, express or implied, including without limitation, the implied warranties of merchantability and fitness for a particular purpose.
• There will be no refunds or adjustments if the sale or a vehicle in the sale does not meet the personal expectations of the buyer, or if the buyer does not inspect the vehicle prior to sale.
• There will be No Arbitration and No Returns

AND NO TEST DRIVES!!

So should someone like me avoid buying a vehicle that a dealer purchased at auction? I see the risk the dealer is taking there. But I don't see a problem with it having been an auction vehicle if it checks out for me.