How Much Should I Pay: 2007 Lexus RX350

Question From John: Fair price for a cert pre owned 2007 Lexus RX 350, 26 k miles. excellent condition.
Queen of the Road: Hi John. Welcome to AutoBragBlog! I looked up RX prices assuming that it’s an AWD. If not, just let me know…
For a 2007 Lexus RX350 AWD with 26,000 miles, wholesale prices range from $29,400 (being in above average condition) to $27,400 (being in average condition) and $25,300 (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 $27,700 to $32,200. 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!

