[phlabrasca]

Well I was bored.... Ok extremely bored... And decided to get a trade-in value of my IS-F. I went to Carmax earlier in the day and then a Ford dealership in a rather affluent town, (they also own a Lexus dealership next door)... Carmax ended up offering $1500 more than the Lexus dealership.

Carmax offered $38,000 for a 2008 USB with 25k miles and the dealership offered 36,500...

So I also took it to a local Lexus dealership, and he told me the market is dead for IS-F's which is a flat out lie... I've been watching IS-Fs in the local market being listed and removed before 30 days consistently, and for 45 and higher...

Anybody else find this surprising?

 

[phlabrasca]

It's also my understanding that CARMAX will give trade values based on a national average basis rather than just local estimates. They will ship a car that is traded in to an area where it may sell better. If you've got a local Lexus dealer that isn't in an area that has a good enthusiast base then they may offer less for your IS-F than you might see in other areas. My dealership doesn't "say anything to screw you out of money". Just for reference we recently offered 39k for an 08 USB with 19,000 miles on it. It really depends on the area you're in.

Well I live near Chicago... I saw the local Bentley dealership along with McGrath list some 08s at higher prices than I bought my vehicle for... I'm not calling Lexus dealership thieves, I realize profit has to be made, I just found it surprising Carmax offered more, but I guess that clarifies it.