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Question

Question Details

Asked: Mar 11, 2008 - 01:43 PM

Status: Closed

markmail

Why is Lexus trade-in value so low with the retail so high compared to any other car in San Francisco?

Looking at the acual cash value and the private/dealer retail selling price is thousands off. Is this normal? Should I wait for the retail to come down closer to ACV or just move on to a Toyota or Honda? They're so boring!!!

In Buying & Selling > Car Values > Trade-In Values
In Makes & Models > Lexus
1 answer - 624 days ago

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Answers

micosilver

Date: Mar 11, 2008
Time: 04:48 PM

Edit Answer (for another -40 minute)

Do you mean that a dealer appraised it for thousands less than Blue Book? If so - it is normal in California. Land Rover could go as much as $15,000 below Blue Book, other luxury cars are close behind.

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