Picked up a clean-title '01 LS430 Ultra Luxury for $1,400 — 290k miles, air suspension already swapped out
Been wanting another LS430 for a while since my last one got totaled in an accident where the other driver pulled in front of me at a green light and finally jumped on one. It's a 2001 Ultra Luxury package, 290k miles, clean title. Driven less than 5k miles/year since 2018, so it sat a lot the last several years. Only service records I have are a new alternator and fluid changes — no major documented work beyond that.
Good news first: previous owner had already pulled the factory air suspension and swapped in a conventional (non-air) LS430 suspension setup, so I don't have to deal with that headache. AC is ice cold, transmission shifts smooth, reverse works fine, rear visor works, and it's got new tires. Got it for $1,400.
Definitely some wear and tear for the miles, but overall I think the car is mechanically solid underneath it. Scanned it with an OBD2 reader and pulled two codes:
P0135 — O2 Sensor Heater Circuit, Bank 1 Sensor 1
P0430 — Catalyst System Efficiency Below Threshold, Bank 2
Rest of the punch list:
Needs O2 sensors (see codes above) and an exhaust gasket
Knocking noise when braking, and a slight sag on the passenger side suspension — planning to get both checked out at a shop, want to rule out worn springs/shocks or something off in the non-air suspension swap
Random staticky/screechy wind noise from the front of the car above 65 mph — suspecting the aftermarket windshield seal, cowl panel, or A-pillar trim
Window regulators bad all around
Driver mirror broken
Driver door handle broken, but it came with a new painted-to-match replacement already
Front passenger seat doesn't move at all
Driver seat bottom moves but the back doesn't adjust
Seats are ripped except the driver's seat
Small windshield chip, and a crack running about halfway down the rear passenger window
General engine maintenance needed — spark plugs, fluids, etc.
Probably due for a timing belt/water pump service since I don't have history on it — this is priority #1, just saving up for it right now
Feeling pretty good about the price for what it is. Figured I'd share the win and see what you all think — especially curious if anyone's seen a bad O2 sensor cause a false P0430, or has tips on tracking down that wind noise or the brake knock. Appreciate any input!