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Hi everyone,
Today I stopped by the dealer for an oil change and walked around. I was greeted by a salesperson and he told me about this "deal of the century" when I asked for the LS 500....
The car is a 2018 LS 500 with luxury package (side sun shades + reclined, heat/cooled rear seat) and the added panoramic sunroof option. It is supposed to be a "zero-owner" car, serving the primary purpose as dealer demonstration and transporting the high-ups.
They asked for $50000, which is $12k less than the fair KBB value (see below screenshot). The reason is that the car has a history of running off the road leading to "deformation" of the front right bumper and scratches on the side mirrors and front passenger door. There was no accident history reported to carfax (probably because there was no component of collision).
The car despite its young age, is not qualified as a CPO due to an "accident history". There are no signs of any cosmetic defects. If the colour of the car was matador red mica (sparking red) or satin cashmere (champagne gold) instead of obsidian black.... I MIGHT give it a thought. He said he could help to ask for warranty if I am interested....
Feedback after test-drive: Not as smooth as my 2004 / 2015. The engine is quite loud and a bit too responsive even in "normal mode". Tried "sport" for a few seconds but almost had a heart attack... I have no courage to try "Sport+"... There is no "surround" effect of their proud ML audio system. All you hear at the driver seat is from the dash speaker. The touch pad controlling the infotainment system is even more horrible than the mouse-like structure in my 2015. Lexus has also been stingy in terms of a significant reduction of wood in the cabin but the exterior design is very aggressive. I love the spindle grill.
Anyway would you buy a car like that (having an accident history but not reported) at a fraction of its market value? I would request for a comprehensive check-up but wonder whether the assessments are made fair (you ask the dealer to inspect their cars?) Unless it is a CPO, I don't think their inspection is going to be unbiased....
Today I stopped by the dealer for an oil change and walked around. I was greeted by a salesperson and he told me about this "deal of the century" when I asked for the LS 500....
The car is a 2018 LS 500 with luxury package (side sun shades + reclined, heat/cooled rear seat) and the added panoramic sunroof option. It is supposed to be a "zero-owner" car, serving the primary purpose as dealer demonstration and transporting the high-ups.
They asked for $50000, which is $12k less than the fair KBB value (see below screenshot). The reason is that the car has a history of running off the road leading to "deformation" of the front right bumper and scratches on the side mirrors and front passenger door. There was no accident history reported to carfax (probably because there was no component of collision).
The car despite its young age, is not qualified as a CPO due to an "accident history". There are no signs of any cosmetic defects. If the colour of the car was matador red mica (sparking red) or satin cashmere (champagne gold) instead of obsidian black.... I MIGHT give it a thought. He said he could help to ask for warranty if I am interested....
Feedback after test-drive: Not as smooth as my 2004 / 2015. The engine is quite loud and a bit too responsive even in "normal mode". Tried "sport" for a few seconds but almost had a heart attack... I have no courage to try "Sport+"... There is no "surround" effect of their proud ML audio system. All you hear at the driver seat is from the dash speaker. The touch pad controlling the infotainment system is even more horrible than the mouse-like structure in my 2015. Lexus has also been stingy in terms of a significant reduction of wood in the cabin but the exterior design is very aggressive. I love the spindle grill.
Anyway would you buy a car like that (having an accident history but not reported) at a fraction of its market value? I would request for a comprehensive check-up but wonder whether the assessments are made fair (you ask the dealer to inspect their cars?) Unless it is a CPO, I don't think their inspection is going to be unbiased....