How Much Should I Pay: 2006 Lexus IS350 & 2007 Lexus IS350
Question From Ricky: Year: 2006/2007
Make: Lexus
Model: RWD
Trim: Navigation,Premium Pacakge
Mileage: 18k – 25k Miles
Buying or Selling? Buying
From Private Party
Queen of the Road: Hi Ricky. Welcome to AutoBragBlog! I gave 2 range of quotes for the mileage of 20,000. Take a look…
For a 2007 Lexus IS350 Sedan with 20,000 miles, wholesale prices range from $27,500 (being in above average condition) to $25,600 (being in average condition) and $23,700 (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 $26,100 to $30,100. A private seller will usually aim to sell it for 5%-10%.
For a 2006 Lexus IS350 Sedan with 20,000 miles, wholesale prices range from $26,900 (being in above average condition) to $24,600 (being in average condition) and $22,400 (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 $24,500 to $29,400. 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.
