ES 3-5 year depreciation
#1
ES 3-5 year depreciation
From what I can gather via research (Edmunds TCO KBB residuals Lease Cap Cost ratios, etc) it seems ES holds its value pretty decently?) Well, as best a depreciating asset can - lol)
assuming bought at less than invoice (say 12-15% under msrp)and depending on model/trim appears an ES F-Sport will depreciate
5-6k Year 1,
then Year 2 more like 3600-4K depreciation
Year 3 more like 3K and
Years 4 and 5 more like 2500/year -
So like $13K depreciation in first 3 years, and around $19K over first 5 years - Sound right?
assuming bought at less than invoice (say 12-15% under msrp)and depending on model/trim appears an ES F-Sport will depreciate
5-6k Year 1,
then Year 2 more like 3600-4K depreciation
Year 3 more like 3K and
Years 4 and 5 more like 2500/year -
So like $13K depreciation in first 3 years, and around $19K over first 5 years - Sound right?
#2
Here's what I found on another site:
https://caredge.com/ranks/depreciati...ry/5-year/best
It's 5th best for 5 years:
1 Audi R8 62.91%
2 Lexus RX 350 58.21%
3 Porsche 911 56.94%
4 Lexus GS 350 56.91%
5 Lexus ES 350 55.72%
https://caredge.com/ranks/depreciati...ry/5-year/best
It's 5th best for 5 years:
1 Audi R8 62.91%
2 Lexus RX 350 58.21%
3 Porsche 911 56.94%
4 Lexus GS 350 56.91%
5 Lexus ES 350 55.72%
The following users liked this post:
jeffgwaltney (10-19-20)
#3
I bought a 2013 Lux edition in late 2012 for approximately $44,000.00. In December 2018 I sold it for $22,000.00 and bought a 2019 UL. Six year depreciation of 50%... the car was a 10/10 condition with very low mileage...
#4
your story validates that one can get a terrific lux sedan lightly used for under $25k !!!
Last edited by jeffgwaltney; 10-19-20 at 08:05 PM.
#5
Unfortunately, this validates that cars aren't good places to put money in.
I had a '14 TL and I got a great deal OTD at around $37K. In 5 years later and with 93K miles, I was only about to trade for $11,200. Now maybe if I kept it even with some repairs and major service, I would have saved by not purchasing another car.
I had a '14 TL and I got a great deal OTD at around $37K. In 5 years later and with 93K miles, I was only about to trade for $11,200. Now maybe if I kept it even with some repairs and major service, I would have saved by not purchasing another car.
#6
Here's what I found on another site:
https://caredge.com/ranks/depreciati...ry/5-year/best
It's 5th best for 5 years:
1 Audi R8 62.91%
2 Lexus RX 350 58.21%
3 Porsche 911 56.94%
4 Lexus GS 350 56.91%
5 Lexus ES 350 55.72%
https://caredge.com/ranks/depreciati...ry/5-year/best
It's 5th best for 5 years:
1 Audi R8 62.91%
2 Lexus RX 350 58.21%
3 Porsche 911 56.94%
4 Lexus GS 350 56.91%
5 Lexus ES 350 55.72%
#7
Unfortunately, this validates that cars aren't good places to put money in.
I had a '14 TL and I got a great deal OTD at around $37K. In 5 years later and with 93K miles, I was only about to trade for $11,200. Now maybe if I kept it even with some repairs and major service, I would have saved by not purchasing another car.
I had a '14 TL and I got a great deal OTD at around $37K. In 5 years later and with 93K miles, I was only about to trade for $11,200. Now maybe if I kept it even with some repairs and major service, I would have saved by not purchasing another car.
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