Feedback on a possible purchase (1 Viewer)

[halbeezy]

Hi 200 guys/gals.

I am looking at pulling the trigger on a 2011 with 160k.

im new to the 200 series. Currently have an 05 470.

https://www.autonationhondawestknoxville.com/used/Lexus/2011-Lexus-LX+570-840315600a0e09af6a2c5d3c5f1741ba.html

what do you think?

 

[baggar11]

I ended up finding the vehicle with this link.

Any Carfax that the dealer can provide? What type of maintenance history? How's the underneath look in regards to rust? I could be wrong, but it sounds like the key things to look into are the radiator leaking, waterpump leaking, valley coolant leak and cam tower leak. Also, a functioning AHC system. Exterior and interior look fine to me otherwise. Best of luck.

 

[halbeezy]

I ended up finding the vehicle with this link.

Any Carfax that the dealer can provide? What type of maintenance history? How's the underneath look in regards to rust? I could be wrong, but it sounds like the key things to look into are the radiator leaking, waterpump leaking, valley coolant leak and cam tower leak. Also, a functioning AHC system. Exterior and interior look fine to me otherwise. Best of luck.

3 owners, carfax good, no accidents. Waiting on all service records now.

 

[mceagle555]

Umm...that Carfax shows it was rear-ended...

 

[grampswrx]

I might be in the minority here, but a rear end accident with mild damage doesn't make me toss it out. I have been rear ended before, insurance paid for all of the repairs at an excellent shop. Paint match was near perfect. On a $80k vehicle, rear ended at 4 years old, that would be covered by someone's insurance. I would look at service records and for any rust and then jump on it. There aren't tons of clean ones at that price.

 

[halbeezy]

I might be in the minority here, but a rear end accident with mild damage doesn't make me toss it out. I have been rear ended before, insurance paid for all of the repairs at an excellent shop. Paint match was near perfect. On a $80k vehicle, rear ended at 4 years old, that would be covered by someone's insurance. I would look at service records and for any rust and then jump on it. There aren't tons of clean ones at that price.

Yeah, I wasn't at all concerned with a minor rear-end accident. The costs start creeping up towards 30+ for delivery and needing the TB/WP done very soon.

 

[grampswrx]

There's no belt on the 5.7 motor. Water pump might be due, but it's less of a wear item than it was on the 100 series.

 

[grampswrx]

I don't understand that. My brother has a 100 he bought for $8500 3 years ago with 255k on it and its in great shape. Nice to drive, awesome car. Same car would be $15k now, which makes no sense. I just picked up a 2011 LX for $26k with 156k on it. So stoked. I don't want the old tech in the 470, inability to stream music, outdated nav system etc. The 2011 is 10 years old, which is old enough. I don't get the 470 prices, especially with the 570 being so good.

 

[halbeezy]

I don't understand that. My brother has a 100 he bought for $8500 3 years ago with 255k on it and its in great shape. Nice to drive, awesome car. Same car would be $15k now, which makes no sense. I just picked up a 2011 LX for $26k with 156k on it. So stoked. I don't want the old tech in the 470, inability to stream music, outdated nav system etc. The 2011 is 10 years old, which is old enough. I don't get the 470 prices, especially with the 570 being so good.

I Totally agree. Covid/Boredom/free government money/tax returns have to be having some kind of effect on these ridiculous prices for 20-year-old lxs with 200K plus miles. My wife and I made the decision to wait a bit longer, let the market normalize a bit, save some money and hopefully pay cash for a nice 570 with much more modern tech and equipment. It just seems like there's this frenzy to buy at a premium that I just don't understand. I know these cars are relatively rare, but every day a new one pops up for sale. It's not like we are trying to find Elanor. lb for lb 570s is a much better value for the money in the current market. Seems nuts. I think there's cheap credit, free money, bored people looking to add to their collections, while logic and reason take a back seat.

 

[TeCKis300]

People want what people want. Every vehicle has a depreciation curve. Buy one far enough at the bottom, and you may never experience further depreciation. Even while continuing to put miles on it. Certain cars that have exclusivity with some perceived innate value may actually appreciate. Much like what we're talking about here. It's not that rare and does happen if one spends enough time to characterize the car and market. Heck, you can enjoy some aged seriously expensive, luxury, and exotic cars this way too, without spending as much as you would on a heavily depreciating new car.