Purchase CPO CT200h or lease new IS 300 F sport
08-01-18, 05:55 AM
#1
Pole Position
Thread Starter
Purchase CPO CT200h or lease new IS 300 F sport
Hey everyone, sorry I didn’t know which forum to post this in - I was looking for a General Lexus forum but couldn’t really find such thing:
My wife needs a new car now (her Honda lease is up) and I can’t decide between 2 options:
2015 Lexus CT 200h F sport (no nav) - 24,000 miles for $25.7k OTD
or
2018 Lexus IS 300 F sport for $380/mo for 36 month lease.
We really want the new Lexus UX but the timing doesn’t work for us as it’s not available til December. I was thinking of leasing the IS because in 3 years we could buy a CPO UX.
Leasing an IS for 380/mo for 36 mo = $13400 and then buying a CPO Lexus UX in 3 years would in total cost $38400 (I’m estimating a used UX would be $25,000 for 30k miles). So in 6 years from now we would have a 66k mile car (assuming 12k per year). I’m using 6 years into the future as an arbitrary timeline.
However we also know the CT is a great car (we’ve leased one before), albeit discontinued and a lot older. The total cost in 6 years would be $25700 and I’m estimating the car would have 96,000 miles.
So which is a better decision? Thanks!!
My wife needs a new car now (her Honda lease is up) and I can’t decide between 2 options:
2015 Lexus CT 200h F sport (no nav) - 24,000 miles for $25.7k OTD
or
2018 Lexus IS 300 F sport for $380/mo for 36 month lease.
We really want the new Lexus UX but the timing doesn’t work for us as it’s not available til December. I was thinking of leasing the IS because in 3 years we could buy a CPO UX.
Leasing an IS for 380/mo for 36 mo = $13400 and then buying a CPO Lexus UX in 3 years would in total cost $38400 (I’m estimating a used UX would be $25,000 for 30k miles). So in 6 years from now we would have a 66k mile car (assuming 12k per year). I’m using 6 years into the future as an arbitrary timeline.
However we also know the CT is a great car (we’ve leased one before), albeit discontinued and a lot older. The total cost in 6 years would be $25700 and I’m estimating the car would have 96,000 miles.
So which is a better decision? Thanks!!
Last edited by macmaster; 08-01-18 at 05:59 AM.
08-01-18, 08:06 AM
#3
Lexus Fanatic
I’d much rather have the IS.
08-01-18, 09:00 AM
#5
If your budget is tight, go for a Toyota Prius (it's should be better than Lexus CT, I bought a CT before, which is the worst and most regretfle purchase ever)
otherwise, go for IS.
otherwise, go for IS.
08-02-18, 10:47 AM
#6
Another option outside of Lexus would be to look at the Mazda CX-5. You can lease them for roughly $300/month for one that's fully loaded and they beat out the NX in almost all aspects. I just convinced my friend to buy one. He was looking at the NX, but once he drove the CX-5 and saw the value, he couldn't believe he even considered the NX.
Last edited by COOLIS; 08-02-18 at 10:50 AM.
08-02-18, 01:17 PM
#7
drives cars
I leased a CT due to being unsure if it was something I wanted long-term, and it turned out to be my biggest regret too! I had someone take over the lease shortly thereafter. I have had the IS200t (re-branded as the IS300) as a loaner many times and haven't been impressed by it. I had a 2001 IS300 and a 2006 IS350, but not a fan of the newest generation. Why isn't the NX on your radar? You could for sure lease that for the same price as the IS or even buy a certified one for a reasonable amount.
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08-02-18, 04:49 PM
#9
Lexus Champion
Hey everyone, sorry I didn’t know which forum to post this in - I was looking for a General Lexus forum but couldn’t really find such thing:
My wife needs a new car now (her Honda lease is up) and I can’t decide between 2 options:
2015 Lexus CT 200h F sport (no nav) - 24,000 miles for $25.7k OTD
or
2018 Lexus IS 300 F sport for $380/mo for 36 month lease.
We really want the new Lexus UX but the timing doesn’t work for us as it’s not available til December. I was thinking of leasing the IS because in 3 years we could buy a CPO UX.
Leasing an IS for 380/mo for 36 mo = $13400 and then buying a CPO Lexus UX in 3 years would in total cost $38400 (I’m estimating a used UX would be $25,000 for 30k miles). So in 6 years from now we would have a 66k mile car (assuming 12k per year). I’m using 6 years into the future as an arbitrary timeline.
However we also know the CT is a great car (we’ve leased one before), albeit discontinued and a lot older. The total cost in 6 years would be $25700 and I’m estimating the car would have 96,000 miles.
So which is a better decision? Thanks!!
My wife needs a new car now (her Honda lease is up) and I can’t decide between 2 options:
2015 Lexus CT 200h F sport (no nav) - 24,000 miles for $25.7k OTD
or
2018 Lexus IS 300 F sport for $380/mo for 36 month lease.
We really want the new Lexus UX but the timing doesn’t work for us as it’s not available til December. I was thinking of leasing the IS because in 3 years we could buy a CPO UX.
Leasing an IS for 380/mo for 36 mo = $13400 and then buying a CPO Lexus UX in 3 years would in total cost $38400 (I’m estimating a used UX would be $25,000 for 30k miles). So in 6 years from now we would have a 66k mile car (assuming 12k per year). I’m using 6 years into the future as an arbitrary timeline.
However we also know the CT is a great car (we’ve leased one before), albeit discontinued and a lot older. The total cost in 6 years would be $25700 and I’m estimating the car would have 96,000 miles.
So which is a better decision? Thanks!!
08-02-18, 05:45 PM
#10
Lexus Fanatic
If you want a UX and cannot wait for its debut, have you looked at the NX? It does not offer the comfort or refinement of the RX, but sells for a significantly lower price.
Having said that, like the comments from other posters, I was not impressed with the CT, either. IMO it should have been marketed as a Toyota, not a Lexus.
Having said that, like the comments from other posters, I was not impressed with the CT, either. IMO it should have been marketed as a Toyota, not a Lexus.
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