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

82,835

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.
261,215

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.
54,465

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

1 of 1 people found this helpful.
23,705

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?

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