What is a 2006 Lexus GS 300 worth?
The 2006 Lexus GS 300 is a luxury sedan that combines performance, comfort, and reliability. As a vehicle that has aged gracefully, many potential buyers and sellers are curious about its current market value. In this article, we will explore the factors that influence the worth of a 2006 Lexus GS 300 and provide an estimated price range based on various conditions.
Factors Influencing the Value
Several key factors determine the market value of a 2006 Lexus GS 300:
- Condition: The overall condition of the vehicle, including the exterior, interior, and mechanical components, plays a significant role in its value. A well-maintained car will fetch a higher price.
- Mileage: The number of miles driven can greatly affect the car's worth. Lower mileage typically indicates less wear and tear, making the vehicle more desirable.
- Service History: A documented service history showing regular maintenance can enhance the car's value, as it assures potential buyers of its reliability.
- Market Demand: The demand for used luxury sedans can fluctuate based on trends and economic conditions, impacting the price.
- Location: Prices can vary by region due to local market conditions and the availability of similar vehicles.
Estimated Price Range
As of February 2025, the estimated market value of a 2006 Lexus GS 300 typically ranges from:
- $6,000 to $10,000 for models in good condition with average mileage.
- $4,000 to $6,000 for vehicles with higher mileage or minor cosmetic issues.
- $10,000 or more for well-maintained models with low mileage and a complete service history.
Conclusion
In summary, the worth of a 2006 Lexus GS 300 can vary significantly based on its condition, mileage, service history, and market demand. If you are considering buying or selling this vehicle, it is advisable to conduct thorough research and possibly consult with a professional appraiser to get the most accurate valuation.
Frequently Asked Questions
What is the book value on a 2006 Lexus?
The value of a used 2006 Lexus IS 350 ranges from $1,133 to $2,874, based on vehicle condition, mileage, and options. Get a free appraisal here.
How many miles will a 2006 Lexus GS 300 last?
Mary, A properly maintained GS300 can easily go over 300,000 miles and about the only thing you should consider replacing on the engine if you have not already done is would be the water pump and timing belt and also if you have not done so already consider replacing the coolant hoses .
What is the life expectancy of a 2006 Lexus?
as long as it has been taken care of, regularly scheduled maint, no collisions or damage, and a decently regular wash schedule, lexus vehicles can last for 400k before they have true issues with drivetrain/engine.
What years to avoid Lexus GS 300?
Lexus GS300 (2006-2008)
Recalls have been issued on the 2006 and 2007 models of the GS300, mainly for issues regarding the fuel delivery system. One recall was made based on a problem where the fuel pressure sensor wasn't tightened enough on a significant number of units, leading to a fuel leak.
Do Lexus hold their resale value?
The secret of Lexus' success is multi-faceted, but one of the plus points for those who love this luxury brand is how well Lexus vehicles hold their value. In a world filled with luxury cars that devalue rapidly as soon as they leave a showroom floor, the Lexus range of desirable vehicles maintain strong resale value.
How many miles can a 2006 Lexus is last?
Mileage Expectancy: The Lexus IS 250 is known to last well beyond 200,000 miles with proper maintenance. Some owners have even reported pushing their cars to 300,000 miles or more. That's a testament to Lexus' build quality and durability.
What year Lexus GS is most reliable?
The 2013 Lexus GS is certainly one of the most reliable and often considered the best year Lexus GS when it comes to interior comfort for those long Johns Creek drives. The most significant changes were the 2016 model having a revamped design and being equipped with a new engine option.
What is considered high mileage for a used Lexus?
Consider the Age. What is considered high mileage for a used car depends on how long it took to rack up those miles. Generally, no more than 12,000 to 15,000 miles should be put on a car in a year's time. So, a used car that is four years old should have no more than 48,000 to 60,000 miles on it.
What are the common problems with a 2006 Lexus GS 300?
Top 2006 Lexus GS300 Problems
- Check Engine LIght With Code P0135, P0141, P0155, or P0161.
- Check Engine Light Due to EVAP System Fault.
- Clunking noise from front suspension due to top front shock mount.
- Sludge Buildup on Engine Due to Infrequent Oil Changes.
- Software Update for TCM to Correct Harsh 2 -3 Shift.
How long do GS300 engines last?
most reliable car engine you can have
The GS300 has the glorified 2JZ inline 6 cylinder engine. It will last you as long as you want if you are smart. Currently driving one with over 310,000 miles and commonly run into 2JZ owners with even more and still going strong.
