yeah, trading in is just plain silly....

Granted, my LS400 is a 1996, but they offered me like $5000 for that thing. It has only 100K miles on it.

I'm just giving the car to my girlfriend instead of trading it in -- it will probably run for another 100K miles without a single issue!!!

And no rattles.... :-)

 

there is a reason that usually the best deals financially when you buy are cars that are 2 years old with low mileage and lots of factory warranty left. The first 2 years are the big depreciation years and it's reflected in the price. that's by the numbers. but then you are taking on a used car, no nice new smell and probably have compromised on color/options. +1 on buy and hold.

 

man that is ridiculous!!. I cant beleive how much value the car has lost. Thst frustrating to me bec I am already getting a little tired of the poor handling. I guess I will be looking into a coilover setup for the car. I am obviously going to have this ride until shes paid off.

 

Before I was comparing the GS vs Infiniti M45 and they seem lose value quicker then Lexus in my opinion. Plus are lot of M35/45s for sale also (so that dropped the pricing also.. supply and demand). I did some more research on them in the forums and infiniti owners were mainly complaining about low trade in value and really poor gas mileage.

I am sure glad I picked Lexus GS instead!

Typically, cars depreciate about 30% with in the first 2 years anyways (some more than other depending on brand). I think Lexus holds their value pretty well compared to most luxury makers. Of course, economy is real bad right now so dealers are slashing prices...

 

I searched online and found the lease rate back in July 2007 when I bought my GS350. The lease rate of 24 months was calculated with 54% residual value after just 2 years...

 

i always wonder, how do they determine the "resale value" and the ranking? just by the residuals that the financial institutes set? or from the actually avg selling price of used cars?

if it's done using the residuals, then it's very unrealistic. it's well known that bmw and mb has very high residual to help lower the lease price on customers to push cars.

but problem is when customers returns cars, from what i was told (even by bmw sales), they can't really sell those cars at residual values. they will end up having to push down the values further to sell the cars

from what i have seen so far, yes, the residuals on lexus (and other japanese cars) are relatively low, but they are more realistic as well

i hope someone can answer my question

 

I know that the Kelly's blue book trade in value is determine by the Kelley Blue Book Residual Value Guide that they sell online. It is determine by the kelly blue book market analysis stuff.

 

Always lease. Never purchase if you plan on keeping less then four years.

 

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