How Much Should I Pay: 2007 Lexus RX350
Question: here’s the car I am looking at
Year: 2007
Make: Lexus RX 350
Model: 2WD, AUTO
Trim: Premium Package
Mileage: 20000
VIN:
Buying or Selling? - Buying from Private Party
ZIP: 30303
thanks for your help!
Queen of the Road: Hello there! Let’s see what we’ve got for you…
For a 2007 Lexus RX350 2WD with 20,000 miles, prices range from $27,600 (being in above average condition) to $25,300 (being in average condition) and $23,000 (being in below average condition). Keep in mind that the numbers above are the wholesale prices. A dealership will usually aim to sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $25.3k to $30.2k. With a private party, a 5%-10% mark up from wholesale is fair.
If you, or any of your friends, have any further questions, don’t hesitate to ask us anything. If you’re certain that you’re going to purchase it, do a carfax and bring a trusted mechanic for a quick inspection. Goodluck and keep us posted!
