For Sale Most recent 200 Series purchase prices

[tacoduck]

That’s a lot of money for a 7 year old truck with that many miles IMO. 28k seems more like a fair price

 

[Sacirema]

@tacoduck I haven't come across any with those miles or condition that are under $30k. At the ~$28k price point, I'm seeing almost exclusively 2010s and 2011s.

 

[nyuofa]

autowarehouseaz.com/vdp/13543557/Used-2011-Toyota-Land-Cruiser-for-sale-in-Chandler-AZ-85226

I posted this in a thread I started. Thoughts on this price based on mileage, year? I've yet to lay eyes on it.

Thank you

 

[ReindeerGames82]

autowarehouseaz.com/vdp/13543557/Used-2011-Toyota-Land-Cruiser-for-sale-in-Chandler-AZ-85226

I posted this in a thread I started. Thoughts on this price based on mileage, year? I've yet to lay eyes on it.

Thank you

I just looked at this LC today because I had been watching it for a few months now and the price drop is very attractive. It does have some light hail damage but otherwise looked pretty clean for a 9 year old car. This was the 1st time I sat in a 200 and sadly discovered the headroom is a little tight for my comfort at 6'5". You better move fast, the salesman said they are shipping it to auction this Friday. Seems believable w/ how long they've had it & the price drops. I took a few pics, sorry not the best because I was in a hurry.

 

[RocknROFL]

Hey everyone, I'm looking to get into a 200 and been looking at '16+. I found a '16 one owner in NJ with around 40k miles asking $54k. Carfax shows it was a lease return with regular maintenance and no accidents reported. Seems like the price is too good to be true. What are your thoughts on this? Possibility of an unreported prior accident?

 

[Nola622]

Hey everyone, I'm looking to get into a 200 and been looking at '16+. I found a '16 one owner in NJ with around 40k miles asking $54k. Carfax shows it was a lease return with regular maintenance and no accidents reported. Seems like the price is too good to be true. What are your thoughts on this? Possibility of an unreported prior accident?

Doesn't sound too good to be true to me. Why do you think the price is too good to be true?

 

[Eire32]

Hey everyone, I'm looking to get into a 200 and been looking at '16+. I found a '16 one owner in NJ with around 40k miles asking $54k. Carfax shows it was a lease return with regular maintenance and no accidents reported. Seems like the price is too good to be true. What are your thoughts on this? Possibility of an unreported prior accident?

I don’t think that’s a good price at all, in the current circumstances!
There’s been a couple of 2016s here in the north east from mid $50k’s and that’s when things were pre-covid era!

so no, I think that’s terrible. There’s 2019’s out there currently listing at 10k more, now I bet if you called them that 10k difference would come down to maybe 3 or 4K. Also dealers offering 0% interest!

Hey everyone, I'm looking to get into a 200 and been looking at '16+. I found a '16 one owner in NJ with around 40k miles asking $54k. Carfax shows it was a lease return with regular maintenance and no accidents reported. Seems like the price is too good to be true. What are your thoughts on this? Possibility of an unreported prior accident?

on the contrary I think it’s an average pre-covid price
Even before COVID when the economy was rallying there was several LC200’s 2016 year in the mid $50k region.

Now is a different situation, it’s a buyers market like never seen before! You could probably get a 2019-18 for high $50’s and if you give it another few months who knows

that’s just the reality

 

[RocknROFL]

Doesn't sound too good to be true to me. Why do you think the price is too good to be true?

View attachment 2267364

I thought it was a good price since most of the '16 LC's in my area are going for above $57k for similar mileage and questionable service history.

 

[Nola622]

Yeah those are asking prices and those vehicles are probably not selling. A 2016 sold in Florida this week for $42k (101k miles). Another 2016 is for sale in VA (102k miles) for $41,500 and has sat - they will probably take less. Both one owner no accident - although I think the Florida LC had been in an undisclosed rear accident because the rear bumper / quarter panel was a poor paint match. The people still tying to get $44k for their 2013's are dreaming...

 

[RocknROFL]

I don’t think that’s a good price at all, in the current circumstances!
There’s been a couple of 2016s here in the north east from mid $50k’s and that’s when things were pre-covid era!

so no, I think that’s terrible. There’s 2019’s out there currently listing at 10k more, now I bet if you called them that 10k difference would come down to maybe 3 or 4K. Also dealers offering 0% interest!


on the contrary I think it’s an average pre-covid price
Even before COVID when the economy was rallying there was several LC200’s 2016 year in the mid $50k region.

Now is a different situation, it’s a buyers market like never seen before! You could probably get a 2019-18 for high $50’s and if you give it another few months who knows

that’s just the reality

I was shopping around in mid January (pre full blown COVID) and saw another '16 with 50k miles asking $57k. The manager wasn't willing to move on the price at all and said he would rather keep it on the lot until this all blows over. Was not an isolated case either...

 

[Eire32]

I was shopping around in mid January (pre full blown COVID) and saw another '16 with 50k miles asking $57k. The manager wasn't willing to move on the price at all and said he would rather keep it on the lot until this all blows over. Was not an isolated case either...

Let them keep it! I called about one 4,400 miles, a 2018, it was the dealer owners actual LC. He wanted $74,500. Too greedy! Said the same thing, about not taking a penny less.
Well yesterday it came down ten grand. That’s how much that obnoxious attitude cost these loud mouths

I’ll wait it out. I don’t think that’s a deal on that particular 2016

 

[RocknROFL]

Yeah those are asking prices and those vehicles are probably not selling. A 2016 sold in Florida this week for $42k (101k miles). Another 2016 is for sale in VA (102k miles) for $41,500 and has sat - they will probably take less. Both one owner no accident - although I think the Florida LC had been in an undisclosed rear accident because the rear bumper / quarter panel was a poor paint match. The people still tying to get $44k for their 2013's are dreaming...

I have yet to find a dealer who is willing to let go of their LC's at below their cost even in our current environment. The dealer's lease buyback price was much higher before COVID..

 

[RocknROFL]

Let them keep it! I called about one 4,400 miles, a 2018, it was the dealer owners actual LC. He wanted $74,500. Too greedy! Said the same thing, about not taking a penny less.
Well yesterday it came down ten grand. That’s how much that obnoxious attitude cost these loud mouths

I’ll wait it out. I don’t think that’s a deal on that particular 2016

Thanks for the advice! I guess I'll wait it out some more..

 

[Eire32]

Thanks for the advice! I guess I'll wait it out some more..

I would. But again if this is the one you’ve been waiting for and you NEED a vehicle then the choice is made for you but if you could wait then that’s what I’d do

 

[RocknROFL]

I would. But again if this is the one you’ve been waiting for and you NEED a vehicle then the choice is made for you but if you could wait then that’s what I’d do

I'm not in desperate need. I currently drive a 2011 4runner trail that I'm planning to trade in for an LC. I feel like they would screw me on the trade in value even if I got the price I wanted on the LC..such is life.

 

[LCT]

I'm not in desperate need. I currently drive a 2011 4runner trail that I'm planning to trade in for an LC. I feel like they would screw me on the trade in value even if I got the price I wanted on the LC..such is life.

Sell the 4Runner yourself once the market recovers. If you price it right, it should sell in no time.

 

[Nola622]

I was shopping around in mid January (pre full blown COVID) and saw another '16 with 50k miles asking $57k. The manager wasn't willing to move on the price at all and said he would rather keep it on the lot until this all blows over. Was not an isolated case either...

Yeah the thing is that this isn't just a 2 month quarantine and then everything goes back to how it was in January. It's a super deep global recession and these are used cars that depreciate as time passes. The federal government is freaking out and spraying trillions of dollars to try to stave off a 2008-2009 type credit crisis and prolonged recession - but almost none of that money has actually flowed through to consumers and businesses yet. The only thing that has hit is the Federal Reserve buying securities to inject capital into the economy and a few unemployment checks. SBA hasn't doled out dollar one and $1200 per citizen won't make a dent when it arrives several weeks from now.

Each market is different, but Auto Dealerships are complete ghost towns around here. Banks aren't getting paid, landlords aren't getting paid, unemployment is skyrocketing and everything having to do with travel and tourism is semi-permanently altered. Entire industries would be bankrupt absent Federal bailouts (think airlines).

Most car dealers remember what recessions are like. We have one about once every decade in this country. But it may take some longer than others to figure that out.

 

[RocknROFL]

Yeah the thing is that this isn't just a 2 month quarantine and then everything goes back to how it was in January. It's a super deep global recession and these are used cars that depreciate as time passes. The federal government is freaking out and spraying trillions of dollars to try to stave off a 2008-2009 type credit crisis and prolonged recession - but almost none of that money has actually flowed through to consumers and businesses yet. The only thing that has hit is the Federal Reserve buying securities to inject capital into the economy and a few unemployment checks. SBA hasn't doled out dollar one and $1200 per citizen won't make a dent when it arrives several weeks from now.

Each market is different, but Auto Dealerships are complete ghost towns around here. Banks aren't getting paid, landlords aren't getting paid, unemployment is skyrocketing and everything having to do with travel and tourism is semi-permanently altered. Entire industries would be bankrupt absent Federal bailouts (think airlines).

Most car dealers remember what recessions are like. We have one about once every decade in this country. But it may take some longer than others to figure that out.

100% agree.

 

[Nola622]

Here's an example - a 2018 LC with 20k miles. And it still hasn't sold:

Used 2018 Toyota Land Cruiser for Sale in New Orleans, LA (with Photos) - CarGurus

Save $10,673 on a 2018 Toyota Land Cruiser near you. Search over 600 listings to find the best New Orleans, LA deals. We analyze millions of used cars daily.

www.cargurus.com

And it's not a basket case either:

CARFAX Vehicle History Report for this 2018 TOYOTA LAND CRUISER: JTMCY7AJ6J4065533

CARFAX can help you find a great used car and avoid costly hidden problems. View the CARFAX Report for this 2018 TOYOTA, LAND CRUISER, JTMCY7AJ6J4065533

www.carfax.com

 

[RocknROFL]

Here's an example - a 2018 LC with 20k miles. And it still hasn't sold:

Used 2018 Toyota Land Cruiser for Sale in New Orleans, LA (with Photos) - CarGurus

Save $10,673 on a 2018 Toyota Land Cruiser near you. Search over 600 listings to find the best New Orleans, LA deals. We analyze millions of used cars daily.

www.cargurus.com

View attachment 2267552

Wow that's a pretty drastic price drop for an '18 with 20k miles. I haven't seen this kind of drop around me yet.