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Pre-owned 2016 IS300 AWD - Fair Market Value?
Hi - I have always purchased new or have leased and then bought out the lease. I'm now considering pre-owned.
I found a certified pre-owned 2016 IS300AWD at a Lexus dealdership with ~8K miles. This had been a corporate car leased for 7 months. It has premium and premium plus options, in addition to navigation. How do I determine the residual from the original lease? I'm trying to figure out how to determine what to offer and what would be a good deal. Given that I've never purchased a pre-owned, I feel like a fish out of water! Thanks.
I found a certified pre-owned 2016 IS300AWD at a Lexus dealdership with ~8K miles. This had been a corporate car leased for 7 months. It has premium and premium plus options, in addition to navigation. How do I determine the residual from the original lease? I'm trying to figure out how to determine what to offer and what would be a good deal. Given that I've never purchased a pre-owned, I feel like a fish out of water! Thanks.
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https://forums.edmunds.com/discussion/1212/general/x/real-world-trade-in-values#latest
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