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2002 Lexus LX 470
Invoice: $53,813 - $53,813
Miles Per Gallon
City: 13 MPG
Highway: 16 MPG
Body Style: N/A
Engines: 4.7L V-8 230 HP
The Lexus LX 470 has been the benchmark for firstclass luxury and ultimate offroad capability. The big Lexus now faces a totally new Range Rover engineered by BMW and a less expensive but powerful Cadillac Escalade, and its bland exterior design is beginning to show its age. However, this remains a wonderfully luxurious and highly capable vehicle. LX 470 is powered by one of the best V8s in the business and offers crisp handling, as well as a luxurious ride. The interior is elegant, well equipped, and the kind of environment you wish your house had. It also comes from Lexus, which boasts the best quality, durability and reliability in the business, along with retailers dedicated to customer satisfaction.
Purchasing an older vehicle, such as the 2002 Lexus LX 470, makes good financial sense. You're able to avoid the steep depreciation rates that occur with brand new vehicles. This essentially gives you the advantage of getting a 2002 Lexus LX 470 for less money than when it was new. If the 2002 Lexus LX 470 was properly maintained, you also have a good chance of steering clear of problems that would have developed when the car was new.
The amount you pay for an older car depends on various factors. One important element is where you buy the vehicle. You're likely to get a better deal if you buy it from a private party, as opposed to a dealer. On the other hand, a reputable dealer will normally have some kind of limited warranty, so you can drive away knowing that if the car breaks down right away, you'll be covered. Another factor that may affect price on a 2002 Lexus LX 470 is whether it's "certified" by the manufacturer. A certified vehicle will cost more because warranty service is provided that normally doesn't come with a used car.
Another dynamic that will play into the purchase price is the resale value. A used vehicle with a high resale value will obviously cost you more. It is expected that the 2002 Lexus LX 470 will have a good resale value. This assumes that the 2002 Lexus LX 470 is in good condition and has a reasonable number of miles.
Find a used 2002 Lexus LX470 for sale at CarsDirect.
