Friday, March 31, 2017

How to Buy a Lexus LS400

The Lexus LS400 is the second generation of Lexus' LS series, debuting in 1994 and production continuing through 1997. Because the LS400 is no longer being commercially produced, you'll need to locate and purchase your LS400 through a private seller or used car dealership. Otherwise you can purchase the latest in the Lexus LS line, currently the LS11. Buying a Lexus LS400 requires you to locate a used car dealership or private seller within the radius in which you are willing to travel to purchase the car.

Instructions

    1

    Specify a radius in which you will search for used LS400s. While a smaller radius won't requires as much travelling, it may be more difficult to locate a car within a radius of 25, 50 or even 100 miles. On the other hand, a larger radius may provide a larger sampling of cars from which to choose, but it will require much more travelling.

    2

    Identify the used car dealerships in your area. Use classified advertisements in your local newspaper, vehicle and dealerships fliers usually located near newspaper stands, or even online vehicle dealership consortium sites such as AutoTrader or EbayMotors.

    3

    Contact used luxury car dealerships within your radius first to inquire about any LS400s they may have on their lots. Also ask them about any auctions or other sellers they might be familiar with who could have an LS400. Used dealerships typically gather their inventory through car auctions or through other dealerships, in addition to private sellers or buyers who trade vehicles in.

    4

    Determine the buying price for the LS400 you locate through your local dealerships. According to Kelley Blue Book, the suggested maximum suggested retail price of a 1994 Lexus LS400 is $8,475 while the maximum suggested retail price of a 1997 Lexus LS400 is $13,350. Both values are based on a car in excellent condition with only one mile on the odometer, so be sure to evaluate the retail value of any Lexus LS400s you locate using Kelley Blue Book or another vehicle price estimator.

    5

    Secure financing for the purchase of your LS400 and finalize any paperwork including title transfers, vehicle registration and vehicle insurance.

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