For Sale Most recent 200 Series purchase prices

[thezbone]

I would love to get everyone's onions on how I priced my LX.

I am very sad to sell it but with everything going on, it is what it is.

I think my asking is fair but I wanted to hear from others too. Either way I am losing $$$$$$.

SOLD - SoCal: 2011 Lexus LX570 - modified with maintenance records - Price Drop

Up for sale is my 2011 Lexus LX570 (Luxury Land Cruiser) Selling as I need a more fuel efficient vehicle for my daily commutes, I am very sad to list this for sale. Vehicle was just detailed - clay bar buff and wax as well as an interior detailing at Longo Lexus. Truck has been serviced at...

forum.ih8mud.com

Yea, I think your truck looks super clean/well maintained but currently a pre-2013 LX with 200k miles is probably closer to the $22k mark without mods. I'd take the cost of all your mods (not maintenance) and multiply it by .25 or .33 and add that to $22k to get a realistic idea of what the truck would be worth. I know that's s***ty, but mods unfortunately are just pissing away money when it comes to value. I'd guess a more reasonable price would be in the $25-27k range but you might end up needing to go lower.

I don't think your price is unfair, but I think you're going to have a hard time finding a buyer that sees the value in it. That said, if you're truly not in a rush to sell you could sit on it a while. Although, you may not find that one buyer that sees what you see, and it's not going to appreciate in value in that time.

 

[chriscosta416]

Yea, I think your truck looks super clean/well maintained but currently a pre-2013 LX with 200k miles is probably closer to the $22k mark without mods. I'd take the cost of all your mods (not maintenance) and multiply it by .25 or .33 and add that to $22k to get a realistic idea of what the truck would be worth. I know that's s***ty, but mods unfortunately are just pissing away money when it comes to value. I'd guess a more reasonable price would be in the $25-27k range but you might end up needing to go lower.

I don't think your price is unfair, but I think you're going to have a hard time finding a buyer that sees the value in it. That said, if you're truly not in a rush to sell you could sit on it a while. Although, you may not find that one buyer that sees what you see, and it's not going to appreciate in value in that time.

Appreciate all your kind words and information. I think I agree with everything but it being in SoCal and with the recent AHC service I think I’ll adjust the price to 30k and hold there.

I feel that is fair value for something built out with all the maintenance

 

[ageslurkin]

I would love to get everyone's onions on how I priced my LX.

I am very sad to sell it but with everything going on, it is what it is.

I think my asking is fair but I wanted to hear from others too. Either way I am losing $$$$$$.

SOLD - SoCal: 2011 Lexus LX570 - modified with maintenance records - Price Drop

Up for sale is my 2011 Lexus LX570 (Luxury Land Cruiser) Selling as I need a more fuel efficient vehicle for my daily commutes, I am very sad to list this for sale. Vehicle was just detailed - clay bar buff and wax as well as an interior detailing at Longo Lexus. Truck has been serviced at...

forum.ih8mud.com

Just a quick look at Car Gurus shows that a unmodded LX with similar mileage is $20-25K (closer to $20K)

Now the problem to buyers (but perk to you), you have a lot of mods. But the market of people looking for a modded pre 2013 LX is pretty small, and a lot of them bought in during COVID already so there are not too many shoppers. $30K may be obtainable, but I am guessing it is going to sit a good long while (more months than weeks probably). You are about 12 months too late to get top dollar. Now people are asking, do I buy a 13 year old LX for $30K, or wait 6 months and buy a brand new LC for $55K?

 

[ageslurkin]

Appreciate all your kind words and information. I think I agree with everything but it being in SoCal and with the recent AHC service I think I’ll adjust the price to 30k and hold there.

I feel that is fair value for something built out with all the maintenance

People looking for a clean, high mileage, and non-rust cars are going to look for LCs like @ryanCA picked up.

For Sale - Most recent 200 Series purchase prices

1owner
no paintwork
clean title
org CA car
new tires
all service records
mint inside and outside
240k miles
$17,500 paid (21k asking)

That being said, list it at $30K here and on all the sites. If you are patient, you might just find a buyer at that price!

Trade in to dealer is going to be absolutely brutal - But if you get that desperate and want to help out a Mudder, part out what you can and then relist at lower price.

 

[TheLCProject]

I agree with the sentiment here. The odometer is what's really hurting your value. $30k is what you'd be looking at with low 100k miles and if you had a 2013-2015.

It's California though, so you can dream.

 

[chriscosta416]

People looking for a clean, high mileage, and non-rust cars are going to look for LCs like @ryanCA picked up.

For Sale - Most recent 200 Series purchase prices

1owner
no paintwork
clean title
org CA car
new tires
all service records
mint inside and outside
240k miles
$17,500 paid (21k asking)

That being said, list it at $30K here and on all the sites. If you are patient, you might just find a buyer at that price!

Trade in to dealer is going to be absolutely brutal - But if you get that desperate and want to help out a Mudder, part out what you can and then relist at lower price.

Mine ticks a majority of those boxes beside being an LX


no paintwork
clean title
new tires
all service records
mint inside and outside

 

[TheLCProject]

Mine ticks a majority of those boxes beside being an LX


no paintwork
clean title
new tires
all service records
mint inside and outside

And yours being an LX instead of an LC would bring the price even lower.

You asked for opinions and you're getting them. Maybe we are wrong, maybe we are right, but if you're not getting hits at $30k, either the right person hasn't seen your ad yet or you're priced to high. It's all a function of how quickly (if at all) you want to sell it.

200k miles in my mind, for any 200 series, puts price at or around 20k. You'd add or subtract value depending on particulars and condition from there.

 

[chriscosta416]

And yours being an LX instead of an LC would bring the price even lower.

You asked for opinions and you're getting them. Maybe we are wrong, maybe we are right, but if you're not getting hits at $30k, either the right person hasn't seen your ad yet or you're priced to high. It's all a function of how quickly (if at all) you want to sell it.

200k miles in my mind, for any 200 series, puts price at or around 20k. You'd add or subtract value depending on particulars and condition from there.

Appreciate your input, I’m not complaining I’m just asking questions.

Guess we shall see

 

[Justdoit]

...
200k miles in my mind, for any 200 series, puts price at or around 20k. You'd add or subtract value depending on particulars and condition from there.

Anyway you look at it, for LC and LX, 200k miles is a lot of mileage and agree on idea of valuation. Lots of good point made on various feedback above, but everyone can agree to disagree. As for the @chriscosta416 - GLWS! Hope you get what you want for it.

Here is an interesting take on the car market from WSJ reported from few days ago. https://video-api.wsj.com/api-video/player/v3/iframe.html?guid=E6F16694-4967-44A5-B2F0-E5FCE087521F

Also, I don't know where they get their car insurance numbers in the video above, mine went up by $600 a year for no good reason and yeah, look at the maintenance and repair costs, but they don't say the qualified mechanics are getting canned from lots of dealerships, so quality of repairs have been dropping too. Finding a good mechanic to work on 10+ year old used cars getting tougher. It's becoming hard to trust dealership guys to change the oil with some recent bad experiences.
All this also ads up that true cost of ownership, on any car - used or new is becoming much more expensive before people realize. This thought alone has been pushing to looking at new with warranty.

 

[aedgington]

The odometer is what's really hurting your value.

This.

With the froth settling down, mileage is returning to being king. LC buyers can usually be grouped into price points, just like house buyers. The 10K, 20K, 30K, and 60K+ buyers. Each group is willing to 'stretch'/pay more, but the further they stretch, the more exceptional the vehicle has to be.

You've got too many miles for someone ready to pay 30 and willing to spend a bit more. There just isn't "enough" to get a 20K buyer to open their wallet because that's so far off their mark the value proposition isn't there.

Nice truck, though. Good spends on the money you put into it. But competition is heating up. Best to lower and sell now before it cools off more.

 

[chriscosta416]

I appreciate the replies all.

I don’t necessarily agree that a LX/LC nearing 200k miles is that low as older LCs with slightly higher miles in other states have sold for around 27-30k here on mud in the past few months.

I also think LX value is slowly rising closer to LCs as more folks are seeing how AHC is great and also not that big of a deal if you want to convert to traditional suspension.

But we can agree to disagree

I do appreciate everyone’s thoughts.

30k feels like a very fair price imo

 

[Specialeyes]

I don’t necessarily agree that a LX/LC nearing 200k miles is that low as older LCs with slightly higher miles in other states have sold for around 27-30k here on mud in the past few months.

This may be true but the market has also trended down in those past few months. Not an apples to apples comparison but just out of curiosity I had my cruiser appraised by a local lexus dealer ('20 HE with 21k miles, will call it "good" condition. Normal wear for a vehicle it's age) I got offered $80k. Still not bad on the depreciation curve but definitely down from earlier this year when similar examples were fetching $90k and up depending on mileage.

 

[chriscosta416]

This may be true but the market has also trended down in those past few months. Not an apples to apples comparison but just out of curiosity I had my cruiser appraised by a local lexus dealer ('20 HE with 21k miles, will call it "good" condition. Normal wear for a vehicle it's age) I got offered $80k. Still not bad on the depreciation curve but definitely down from earlier this year when similar examples were fetching $90k and up depending on mileage.

I guess we will see. In SoCal 100 series with more than 200k miles list and SELL for 25k all day still

 

[Specialeyes]

I guess we will see. In SoCal 100 series with more than 200k miles list and SELL for 25k all day still

SoCal is a hot market but so is Dallas.

 

[TheLCProject]

I guess we will see. In SoCal 100 series with more than 200k miles list and SELL for 25k all day still

I would love to see an example of this. 200k+ on a 100 series isn't more than $20k. Early 100s with that mileage are barely getting $10k.

 

[chriscosta416]

I would love to see an example of this. 200k+ on a 100 series isn't more than $20k. Early 100s with that mileage are barely getting $10k.

Here is one just posted, but there are more examples on craigslist and IG to where they have sold.

I think it’s insane but that’s the CA market

 

[TheLCProject]

That is a list price - not a sold price.

Don't think that because you are in an echo chamber of unrealistic asking prices that that is what the reality is. Their asking price is just as unrealistic as yours (off by $5k-$10k).

Is there an argument out there that BaTa and CaB don't represent the higher end (if not the de facto high end) of the pricing on Land Cruisers (or vehicles in general)? If not, the peruse the listings there and find me an actual sold that supports your statement.

This is the most expensive 100 series on the LA area CL right now: 2006 lexus lx470 land cruiser for sale - Newport Beach, CA - craigslist - https://losangeles.craigslist.org/lac/ctd/d/newport-beach-2006-lexus-lx-470-awd/7658551159.html It's a 2006 LX470, but asking $22k for 175k miles. All the rest are less than a mid-teens ask.

In any case, this needs to move to the 100 series thread or DM.

 

[chriscosta416]

That is a list price - not a sold price.

Don't think that because you are in an echo chamber of unrealistic asking prices that that is what the reality is. Their asking price is just as unrealistic as yours (off by $5k-$10k).

Is there an argument out there that BaTa and CaB don't represent the higher end (if not the de facto high end) of the pricing on Land Cruisers (or vehicles in general)? If not, the peruse the listings there and find me an actual sold that supports your statement.

This is the most expensive 100 series on the LA area CL right now: 2006 lexus lx470 land cruiser for sale - Newport Beach, CA - craigslist - https://losangeles.craigslist.org/lac/ctd/d/newport-beach-2006-lexus-lx-470-awd/7658551159.html It's a 2006 LX470, but asking $22k for 175k miles. All the rest are less than a mid-teens ask.

In any case, this needs to move to the 100 series thread or DM.

Right but I stated in my previous comments they have SOLD at that price. BAT and CaB has always had LXs sell for less vs SoCal and even ih8mud.. But anyway we can agree
to disagree.


I cannot base my findings on just Craiglist and SoCal and same to you

 

[aedgington]

BAT and CaB has always had LXs sell for less vs SoCal and even ih8mud.

Yeah, that's not true. That's not a guess. I'm someone who tried to sell their LX here and got more for it on C&B. You're just making wild claims to try to legitimize your opinion.

I also just sold another/different 200K miles 100-series for $25 and it was an exceptional vehicle.

It's okay to just say that's how much you want because you bought at the peak, but you can't make facts agree.

 

[chriscosta416]

Yeah, that's not true. That's not a guess. I'm someone who tried to sell their LX here and got more for it on C&B.

I also just sold another/different 200K miles 100-series for $25 and it was an exceptional vehicle.

It's okay to just say that's how much you want because you bought at the peak, but you can't make facts agree.

I’m speaking for 200 series LC vs LX. And yes I did buy at peak but facts do agree.