How Much Should I Pay

[chib1177]

ok everyone, im off to a lexus dealer on friday to look at a 1999 model v reg lexus ls400. it has 62000 miles on it and is on the forecourt for £15950.

im gonna pay cash so no part ex involved.

how much should i pay for it ?

i was thinking no more than £14500, but i dont expect the lexus dealer will go that low.

anyone with any good tips or suggestions feel free to pass it on.

PS: the car is for my dad not me

[Matthew_McNally]

how much???

hes trying it on mate

parkers says

Average mileage:  50,000 miles

Cost New ('99)  £ 49999

Franchised Dealer  £ 12665

Independent Dealer  £ 12060

Private Good  £ 11555

Private Poor  £ 9145

Part Exchange  £ 10755

whatcar says more (so dont print that one out, and dont take it with you ;) )

Dealer  £14,819

Private Info - Whatcar Valuation  Private 

£13,994

Part Exchange Info - Whatcar Valuation  Part Ex 

£11,659

Trade Info - Whatcar Valuation  Trade 

£11,309

Cost New Info - Whatcar Valuation  Cost New  £49,820

check the insurance costs too mate - its a group 19, could take you by surprise

[chib1177]

cheers matt, i was just looking on whatcar myself, the insurance is not a problem like i said its for my dad and hes 70 years young

the quote he got was under £350

i reckon i might try it on around 14000 to start sounds fair to me.

[Matthew_McNally]

i reckon i might try it on around 14000 to start sounds fair to me.

←

print off the parkers page in full colour, with the logo on the top etc.

go in @ £12.7 - see what happens.

I wouldnt say try for 3k off with no backup - but parkers are a pretty well recognised authority.

if they wont go that low - start building up extras, mats, reversing sensors, road tax, full tank of fuel, gap insurance.

leave your number - tell them you are paying cash, and walk away.

wait for them to ring :winky:

[chib1177]

yeah why not, ive got another one to see the same day just down the road for less than 10000 at an independent so ive got a back up car if they dont budge on this one,

like you say ill put my offer in and walk away ( go see the other one )

then see if they ring,

if i get it for less than 14000 ill send you a postal order for a pint

[chib1177]

they wouldnt even budge a pound they stated the car was 15950 and that was that

oh well plenty more to see

this topic can now be closed thanks