Lexus LC 500

[JAS3068]

I am curious about the LC500. I see several of them for sale but who is buying them. I have a 2021 for sale at according to Auto Trader and KBB a good price but have not had one person interested in the car. I have had it listed for 90 days. I think it is an incredible car? What is it that people don't like? 

[NemesisUK]

7 minutes ago, JAS3068 said:

What is it that people don't like? 

The price you are asking ...

[Brian R]

Give it time or if you would prefer a quick sale then try it out on Motorway, you might just be surprised. Sorry just noticed you are not in the UK but presumably there is a similar operation in your neck of the woods?

[Winston]

On 11/14/2022 at 6:00 PM, JAS3068 said:

I am curious about the LC500. I see several of them for sale but who is buying them. I have a 2021 for sale at according to Auto Trader and KBB a good price but have not had one person interested in the car. I have had it listed for 90 days. I think it is an incredible car? What is it that people don't like? 

I would think that most people buying this type of car would purchase from main agent

anyone else think this?

[ColinBarber]

10 hours ago, Winston said:

I would think that most people buying this type of car would purchase from main agent

anyone else think this?

Yes. Certainly a dealer of some sort, even if not an official Lexus dealer. Very difficult for a private sale at the higher end of the market. People are nervous of a con with little comeback, need finance etc. etc.

[Brian R]

1 hour ago, ColinBarber said:

Yes. Certainly a dealer of some sort, even if not an official Lexus dealer. Very difficult for a private sale at the higher end of the market. People are nervous of a con with little comeback, need finance etc. etc.

Couldn't agree more and I must admit I took a leap of faith when I bought mine from a private individual who had intentionally set up a "company" to sell the car. It was very obvious what was going on but after much research I was more than happy to proceed with positively no regrets since.  I think most would be private buyers need to take some comfort from the "Relax" warranty that lasts 10 years but I must admit, I would prefer to sell my car via Motorway or chop it in as a part ex and perhaps only after giving it a few weeks on Autotrader.

[royoftherovers]

12 hours ago, Winston said:

I would think that most people buying this type of car would purchase from main agent

anyone else think this?

undoubtedly.

[RiverFred]

The Lexus dealer in Santa Monica, California never heard of the relax 10- year warranty. Does anyone have proof of the program.

[BrettMRC]

It's a UK thing I think?

https://www.lexus.co.uk/owners/warranty/lexus-warranty?gclid=CjwKCAiApvebBhAvEiwAe7mHSF9tj6zhuc-ybXO7qwe5jvPnchVSjouB72UZb0rL4MdncS4LhGwHPhoCR1sQAvD_BwE&gclsrc=aw.ds

[ColinBarber]

5 hours ago, RiverFred said:

The Lexus dealer in Santa Monica, California never heard of the relax 10- year warranty. Does anyone have proof of the program.

It's Europe only unfortunately.

[Malc1]

Might be interesting to understand the comparatives with the available warranty in the USA  .  and if we in the UK should be expecting a better deal with Lexus  ??

Malc