Is a 2013 Lexus GS350 with 58,000 miles a good buy and deal and $33,000?
This is a fully loaded Certified GS350 in excellent condition sold by a Lexus Dealer with an additional 40,000 mile or 3 year warranty.
Pretty good deal. Market Value is about $36,500. Make SURE you get a CarFax, or don't buy it. It will tell you if it's ever been wrecked, and if the Dealer won't produce a CarFax he has something to hide.
CarFax shows one owner and no accidents or issues. Thank you very much for your assistance.
If you decide to buy the car and you belong to a Federal Credit Union you'll save money and most credit unions offer low cost financing and extended warranties that are less expensive and equivalent to the one offered by the dealer. No reason to spend extra money on the financing or coverage.
Thank you for the great suggestion however, this will be a cash deal. My biggest concern was simply if 58,000 miles on a 2013 Lexus was of any concern considering the car.
Heck no. That's just broken in for a Lexus. Means mostly highway miles, cruising along...the easiest miles and least wear.
I can agree with that. I bought a new 1995 GS300 and still drive it. But, I only put on 130,000 miles and I'm replacing it mostly because of normal wear and tear. It's been a great car and I guess I was just looking for reassurance that a 2013 with 58,000 miles was a smart move. Thank you so much.
I agree, I purchased my Subaru Outback at 42 months and the car had 66,000 miles. Let's assume for the moment that your car was sold when the 2013 model year just came out as was the case with my situation. If that's true and its easily verifiable, then the 58,000 miles were clocked in the last 30 months which would put it precisely on track with the mileage target similar to my Outback. Now that I've had the car, that accelerated mileage has slowed down considerably, although I use this car more for road trips and less in town driving. I have a fuel saving Toyota Prius as an city car that gets twice the mileage of the Subaru.
I would try to get an extended warranty with your Lexus. Although they are very reliable and almost trouble free and problems that pop up are expensive.
Bob is absolutely correct. Even though you purchase a certified used car, things can happen. It's a great piece of mind.
Ooops, I missed the "certified" part. It comes with warranty. Sometimes it pays dividends for me to pay close attention.
Bob, yes, there's a standard one year warranty on the certified car I purchased, but, the extended warranty I purchased through my credit union gave me coverage for an additional three years from my date of purchase and coverage to 100,000 miles whichever comes first. It's through Mercury Insurance and is Mechanical Breakdown Insurance and covers everything on the car including electronics with a $100 deductible. Could have even opted for zero deductible, but, I figured it's not worth the extra upfront cost, Subaru is a pretty good car and even if something fails, it would take 3 separate incidents to level out to justify the higher premium on the zero deductible option. People have to realize that these types of coverage don't cover routine maintenance items only repairs. People often confuse this and lump all car problems together. If you actually separate the actual car repairs from maintenance, you'll get a truer picture of what it takes annually to maintain your car. Once your car is paid for, it normally takes only $1,500 per year to keep your car which is much less than the average $400 per month car payment for 60 months. Also, depreciation and insurance decreases over time and certainly vehicle registration fees. So, keeping your really good old car can actually save money in the long term, provided you're OK with its safety features.
Paid $32,750 for a pristine 2013 with Lux pkg and premium pkg with 26k miles, took 4 months on daily searching and could not be happier.
rjones2074-. Great job!
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