How Much Should I Pay: 2006 Lexus RX400H
Question From KM: 2006 Lexus RX 400h with 44K miles including nav & dvd from private party. Asking $26K
Queen of the Road: Hi KM. Welcome to AutoBragBlog!
For a 2006 Lexus RX400H with 44,000 miles, wholesale prices range from $26,000 (being in above average condition) to $23,700 (being in average condition) and $21,300 (being in below average condition).
A fair range for a dealership sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $23,500 to $28,700. A private seller will usually aim to sell it for 5%-10%.
Check the carfax and do plenty of research on the history of the vehicle. Ask for their maintenance records. You can even bring a mechanic for a brief inspection. Here’s a good article to read before continuing: Car Buying Tips From An Insider. Let me know if you have any further car questions.
Good luck and keep us posted on how the purchase goes!
