Observations about Lexus

A great used car with outstanding value. That is the simple summary the longer version is coming up.
I have been following the Lexus forums and online car sites and have noticed a big price drop over the last 4 months or so. I also have been paying more attention to private sales as opposed to dealer sales.
Cars for sale in Club Lexus as nice as they tend to be are taking up to a couple of months to sell. I am assuming that club vehicles are better kept than others and therefore command a premium however this premium seems to be fast eroding.
The oft quoted Kelly Blue Book pricing seems to be behind the curve on this situation, the club car owners quote it but end up selling for quite a bit lower than the KBB price. Maybe there is such a shift going on with the economy and credit that it is affecting more situations quicker than the pricing models can keep up. For those who are into pre-owned car value and have done their homework are finding the pricing models such as KBB becoming less useful.
It appears that it is a good time to get into a quality pre-owned vehicle and will be for most of 2008 if not into 2009.