How Much Should I Pay: 2005 Lexus RX330
Question: How much should I pay for a 47k mile 2005 Lexus RX330 FWD with Navigation and HID lights. Dealer is asking 21k. Thanks.
Queen of the Road: Hi there! Welcome to AutoBragBlog. $21k is too high. A fair range for both you and the dealer is $17,600 to $21,800.
For a 2005 Lexus RX330 FWD with 47,000 miles, wholesale prices range from $19,800 (being in above average condition) to $17,800 (being in average condition) and $15,900 (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 $17,600 to $21,800. 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!
