Just traded my GS for a ES 300h
03-09-15, 11:08 AM
#46
Driver School Candidate
http://www.keyeslexus.com/Inventory/
2013 Lexus GS with 15K miles listed at $36,956
2013 Lexus ES 300 H with 15K miles listed at 35,985.
2013 Lexus GS with 15K miles listed at $36,956
2013 Lexus ES 300 H with 15K miles listed at 35,985.
03-09-15, 11:26 AM
#47
Lead Lap
Thread Starter
The ES H started at 40k , the GS started at 50k, and now they are worth the same. What dont you get ? The 2013 GS has depreciated about 15k in 2 years while the ES H around 7k.
03-09-15, 11:30 AM
#48
Driver School Candidate
I took that to mean the ES hybrids cost the same if not a few grand more "when purchased new." I didn't know you meant that to mean as of its current pricing. I don't follow the hybrids at all and didn't know their MSRP. Sorry for my ignorance.
03-09-15, 11:35 AM
#49
Lexus Test Driver
The cars are great but the forums are dry as fakkk. 
Other forums sections are not as active as this one right here. Even the CT forum is dry.
Other forums sections are not as active as this one right here. Even the CT forum is dry.
03-09-15, 12:20 PM
#50
Lexus Fanatic
Y
Also the ES H retains it value a lot better than the GS non hybrid. 2013 ES Hybrids cost the same if not a few grand more than a 2013 GS 350. With 13K miles, decked out with all options , my ES was listed at $39,000 but i got it for $35,000. There are 3 2013 GS 350 w/ Nav listed at $36,000. You can check the Keyes Lexus pre-owned cars, they are still for sale. I could have got a 2013 GS for $34,000. In 5-7 years a 2013 GS will be worth much less than the ES H. This also helped my decision. Im just tired of paying car payments every month and as a buy, with the great mpg, luxury and retainment of value, the ES H was the best choice from all the cars starting at $35,000
Also the ES H retains it value a lot better than the GS non hybrid. 2013 ES Hybrids cost the same if not a few grand more than a 2013 GS 350. With 13K miles, decked out with all options , my ES was listed at $39,000 but i got it for $35,000. There are 3 2013 GS 350 w/ Nav listed at $36,000. You can check the Keyes Lexus pre-owned cars, they are still for sale. I could have got a 2013 GS for $34,000. In 5-7 years a 2013 GS will be worth much less than the ES H. This also helped my decision. Im just tired of paying car payments every month and as a buy, with the great mpg, luxury and retainment of value, the ES H was the best choice from all the cars starting at $35,000
BUT, you got no benefit of that because you already absorbed the resale loss by trading your GS in early. Your GS also had a high residual lease that protected you from lower resale figures. But...you did away with that benefit by trading and absorbing a huge loss. Had your kept your GS the hit to resale as a % vs time would have lessened.
The ES will never be worth more than a GS similar in age and mileage. If you look back through the cars' history you see that, the GS remains more expensive. The other thing with hybrids is resale value takes a steep decline as they get closer to 100k miles, people like the idea of a used hybrid under warranty, but not so much out of warranty. By the time your 9 years comes along the car will have 233,000 miles on it, resale is going to be a ~ $3,500 whether its an ESh or a GS or an LS or whatever. It will be used up and fully depreciated. You have hybrid components to worry about failure on at high mileages too, the inverter, etc. Plenty of Toyota hybrids out there with those mileages now, and failures do happen.
The ES H started at 40k
Last edited by SW17LS; 03-09-15 at 12:26 PM.
03-09-15, 01:12 PM
#52
Lexus Fanatic
I'm not trying to **** on your parade at all, I'm just the sort of person that can't abide misinformation. You're making claims about the economics of this thing using numbers you're making up to suit your purposes. People look through these threads to help them make decisions about what to buy and why...and information that is just plain not correct is always going to get a challenge from me.
A perfect example is that "the ESh started from $40k and the GS started from $50k"...that statement is not factual. The ES300h you posted at Keyes for $35,985 was not $40k new, it was $47.5k new, it has navigation and the luxury package, plus chrome wheels that are probably $2k. The GS was about $50-51k new, so...the ES was $2,500-$3,000 less when new, and now used its $1k less. So the GS has lost 2k more in value than the ES, which is hardly the spread you purport it to be. When you factor in that the GS likely sold originally at a much higher discount than the ESh, that may turn the calculation around to where it was the GS that held its value better.
You made a decision to go to the ESh and it fits more what you were looking for originally, and thats fine...but the line you're trying to sell us about the ES holding its value way better and how this move saved you a bunch of money doesn't hold water. In the end, this hasn't really saved you any money. Had you waited until you could get out of the GS without the negative equity and then bought an ESh and drove it for 9 years, that would be a different story. But the bottom line is you're continuing to pay for the GS, while also paying for the ES, and that destroys the fuel savings you're getting out of the ESh.
Thats the thing about leasing, you gotta be in it until the end. If you get out early, its going to kill you.
A perfect example is that "the ESh started from $40k and the GS started from $50k"...that statement is not factual. The ES300h you posted at Keyes for $35,985 was not $40k new, it was $47.5k new, it has navigation and the luxury package, plus chrome wheels that are probably $2k. The GS was about $50-51k new, so...the ES was $2,500-$3,000 less when new, and now used its $1k less. So the GS has lost 2k more in value than the ES, which is hardly the spread you purport it to be. When you factor in that the GS likely sold originally at a much higher discount than the ESh, that may turn the calculation around to where it was the GS that held its value better.
You made a decision to go to the ESh and it fits more what you were looking for originally, and thats fine...but the line you're trying to sell us about the ES holding its value way better and how this move saved you a bunch of money doesn't hold water. In the end, this hasn't really saved you any money. Had you waited until you could get out of the GS without the negative equity and then bought an ESh and drove it for 9 years, that would be a different story. But the bottom line is you're continuing to pay for the GS, while also paying for the ES, and that destroys the fuel savings you're getting out of the ESh.
Thats the thing about leasing, you gotta be in it until the end. If you get out early, its going to kill you.
Last edited by SW17LS; 03-09-15 at 01:24 PM.
03-09-15, 01:20 PM
#53
congrats man! honestly, reading about your driving pattern and need, i honestly think the gs wasn't the best choice and the es is a much better one. you just care about a car to get you from point A to B that are far apart, so this is perfect. the gs has all the features, more comfortable, roomier, and like you said great on gas.
most importantly you already have the m5 and challenger for your needs on "fun", so by comparison the fun aspect of the gs is greatly diminished.
i was in a very similar boat. i have my other fun car when i need it, but the drive (and stress from work) made me want to get something i can just get in and drive. i actually said that the gs was not the best choice, but i did want to retain some weight on "fun" so that's why i settled for the gs (oh and that i can't stand fwd)
i am happy for you! :thumbup
most importantly you already have the m5 and challenger for your needs on "fun", so by comparison the fun aspect of the gs is greatly diminished.
i was in a very similar boat. i have my other fun car when i need it, but the drive (and stress from work) made me want to get something i can just get in and drive. i actually said that the gs was not the best choice, but i did want to retain some weight on "fun" so that's why i settled for the gs (oh and that i can't stand fwd)
i am happy for you! :thumbup
03-09-15, 01:28 PM
#54
Lexus Champion
Congrats on your new ride! You're in a fortunate position to try two great models in the Lexus lineup. As long as the car suits your needs and you're comfortable with the deal, I call it a win. Enjoy the car!
03-09-15, 01:57 PM
#55
Lexus Test Driver
PirelliGS - Something tells me you will not have the ESh a year from now, which is only about 9 months from now. There is no way in hell you will have this car 9 years from now as your 'plan' suggests. I don't know if you'll get tired of the lag, or the lack of torque and horsepower above 30 mph, or the 4 cylinder engine, or the FWD, or the color, or the marshmallow ride, or the stigma that some people give hybrids, or some other reason...but I foresee you getting rid of this car in short order instead of keeping it for the long haul.
PS - Are you going to request a change of your Username?
PPS - Does the ESh have Pirelli tires on it?
PS - Are you going to request a change of your Username?
PPS - Does the ESh have Pirelli tires on it?
Last edited by bclexus; 03-09-15 at 02:36 PM.
03-09-15, 02:39 PM
#56
Lead Lap
Thread Starter
loll im going to miss you bclexus, 9 months lolll no way man, hey but you never know, i might land a 6 figure deal and trade it in for a Aston Martin Vanquish bwahahha. Let God grant me continued success and health and skys the limit. Trust me there are always ways to get out of a car, but thats my little secret. 
Yes i will ask if the mod can change it to PirelliES lol
No i have Michelins but i will put Pirellis once they get worn out.
Yes i will ask if the mod can change it to PirelliES lol
No i have Michelins but i will put Pirellis once they get worn out.
03-09-15, 03:07 PM
#58
Lead Lap
Thread Starter
03-09-15, 03:11 PM
#59
Lexus Fanatic
03-09-15, 03:17 PM
#60
Lexus Test Driver