How much of a price reduction to expect for certified used Lexus at dealer?

Asked by Nov 27, 2015 at 03:00 PM about the 2014 Lexus CT 200h FWD

Question type: Shopping & Pricing

Im looking at a "certified" used 2014 Lexus ct 200h with 25k miles, currently priced at $25,000.  I am wondering whats a fair amount that i should expect to be deducted from the $25,000 "retail price"  during negotiations. I will be paying $10k as down payment and would obviously like for the final price to be as far away from the 25k as possible.

thanks!

4 Answers

76,695

Certified cars cost significantly more than other cars as you a essentially buying a warranty. The price you pay will have to be negotiated with the dealer directly.

1 of 1 people found this helpful.
254,325

F_O_R is right, retail price for the car is $23200, so they tack on a warranty and that is why they are asking $25K. It's a fairly new car, so not a lot of wiggle room, if you don't want to pay that much, you might think of another car or one with more miles. But my guess is you might be able to get them to drop the price a couple hundred.

1 of 1 people found this helpful.
52,015

Offer them $22,500 if you really want the car. It never hurts to make an offer.

1 of 1 people found this helpful.
23,215

It's a Lexus dealer? They don't want to drop a penny- they consider their cars gold- whether they are or not- you will be better off coming up with the cash and buying one from an individual- you could save $5-7 thousand- and know who was driving that car before you- don't have the cash? Could I interest you in a new Kia Optima?

Your Answer

CT 200h

Looking for a Used CT 200h in your area?

CarGurus has 1,508 nationwide CT 200h listings starting at $9,495.

ZIP:
Get More Money for Your Car
Be seen by 20 million shoppers. Create Your Free Listing

Lexus CT 200h Experts

  • #1
    F_O_R
    Reputation
    50
  • #2
    Tom Demyan
    Reputation
    20
  • #2
    Bob Beaman
    Reputation
    20
View All

Related Models For Sale

Used Lexus IS 250
236 Great Deals out of 5,230 listings starting at $4,800
Used Lexus ES 300h
49 Great Deals out of 1,434 listings starting at $15,000
Used Toyota Prius
348 Great Deals out of 17,147 listings starting at $1,950
Used Lexus ES 350
388 Great Deals out of 11,738 listings starting at $4,000
Used Toyota Camry
1,051 Great Deals out of 71,326 listings starting at $295
Used Lexus RX 350
408 Great Deals out of 19,399 listings starting at $5,750
Used Honda Civic
827 Great Deals out of 72,772 listings starting at $1,000
Used Lexus GS 350
145 Great Deals out of 3,333 listings starting at $6,980
Used Lexus IS 350
59 Great Deals out of 1,428 listings starting at $4,499
Used BMW 3 Series
1,143 Great Deals out of 33,037 listings starting at $1,000
Used Lexus NX 200t
74 Great Deals out of 6,243 listings starting at $25,990
Used Honda Accord
1,102 Great Deals out of 61,486 listings starting at $999

Used Cars For Sale

2016 Lexus CT 200h FWD For Sale
5 Great Deals out of 98 listings starting at $19,900
2015 Lexus CT 200h FWD For Sale
34 Great Deals out of 480 listings starting at $16,988
2014 Lexus CT 200h FWD For Sale
28 Great Deals out of 399 listings starting at $11,990
2013 Lexus CT 200h FWD For Sale
8 Great Deals out of 222 listings starting at $9,994

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use.