GX - 2nd Gen (2010-2023) Discussion topics related to the 2010 + GX460 models

Cross-shopping

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Old 05-25-21, 01:05 PM
  #211  
skrypj
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If I had to pick a brand new car on lease, it would be the Defender. $70k for the Lexus GX is laughable for what you get. Its nice, but it honestly gets blown out of the water by anything remotely in its price range at this point. Even an F150 or Ram 1500 has a nicer interior. Very few people actually need a body on frame solid axle suv so its a very niche vehicle in my eyes. And if I really wanted to wheel my truck, I wouldnt be going out and buying a brand new 2021 GX.

The GX is a good deal for a used vehicle in my eyes, considering mine dropped to 1/3 its original value and has not changed much, but I don't think I would ever buy one new when looking at all the other options on the market. My 2014 F150 cost $20000-30000 less than a new GX would, is just as nice inside, has way more power, way more functionality, and is worth more than my GX is now.

Last edited by skrypj; 05-25-21 at 01:42 PM.
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Old 05-25-21, 01:22 PM
  #212  
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Originally Posted by skrypj
If I had to pick a brand new car it would be the Defender. $70k for the lexus GX is hilarious for what you get.

The GX is a good deal for a used vehicle in my eyes, considering its dropped to 1/3 its original value, but I don't think I would ever buy one new. My F150 has better resale than my GX.
So buy a Defender and report back in 2-years.

... $70k for a GX460 ? ... only if you buy the "Luxury" and pay full retail price. Try $50k for a "Premium" and lose the worthless options. If one is enamored with the latest "shiny objects" then live with the consequences. CarPlay is an awesome feature when sitting on the side of the road when waiting for the tow vehicle.

Last edited by ASE; 05-25-21 at 01:29 PM.
Old 05-25-21, 01:26 PM
  #213  
TheHighLow
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Originally Posted by ASE
... $70k ? ... only if you get the "Luxury" and pay full retail price. Try $50k for a "Premium" and lose the worthless options.
exactly! 50k for a vehicle that will last forever is a bargain (if you treat the undercarriage with FF or Krown), especially when you consider what a Traverse or an Explorer goes for.
Old 05-25-21, 01:47 PM
  #214  
skrypj
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Originally Posted by ASE
So buy a Defender and report back in 2-years.

... $70k for a GX460 ? ... only if you buy the "Luxury" and pay full retail price. Try $50k for a "Premium" and lose the worthless options. If one is enamored with the latest "shiny objects" then live with the consequences. CarPlay is an awesome feature when sitting on the side of the road when waiting for the tow vehicle.
sorry, but lets step back into reality for a minute. Not every car that is not a Toyota is stuck on the side of the road waiting for a tow truck every other week. Especially a car that is leased and doesn't stick around more than 3 years.

The cheapest lexus within 500 miles of my house is $58k. Even if it was $50k it is still not a great deal.
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Old 05-25-21, 01:48 PM
  #215  
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Originally Posted by TheHighLow
exactly! 50k for a vehicle that will last forever is a bargain (if you treat the undercarriage with FF or Krown), especially when you consider what a Traverse or an Explorer goes for.
But the OP is asking about a lease for 3 years. I really don't think he cares if it goes 500k miles. Hell, I don't care if mine goes 500k miles because ill be 100 years old by then.
Old 05-25-21, 01:58 PM
  #216  
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Still waiting for feedback from someone who has a lived experience (short or long) with both vehicles, or just the Defender but has had GX/LX in the past

WRT costs in Canada, assuming 20,000km a year:
  1. GX
    1. $77K base price (executive option takes it to $83K)
    2. 3-year lease payments are about $1300 taxes in ($1400 for executive). $0 down
    3. Dealer residual is 52% (I am confident actual will be higher than that and I can probably leverage the gap in residual value when it comes time for a new vehicle)
  2. Defender 110
    1. ~$90k for the model I'm looking at (X-Defender SE or HSE)
    2. 3-year lease payments are about $1500 taxes in. $0 down
    3. Residual is 60%
We're fortunate in Canada that for the past ~10 years cars have been priced much cheaper here than in the US. It was the other way around when the market crashed and our dollar was stronger. That being said, we still pay more for cars on lease than you folks do I believe.
Old 05-25-21, 02:01 PM
  #217  
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I know someone that just bought a brand new $110k+ Range Rover and had to return it within a week because he had an issue and the dealership couldn't fix it in a timely manner. They offered him another new model and just asked for a refund. And that's their top of the line model.

The Defender is a gorgeous car, but not putting up with that kind of reliability, especially on a "new" model that will probably have all sorts of issues.

Also, this shouldn't be a factor, but I feel anything Land Rover has a sort of douchey, poseur vibe about it.
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Old 05-25-21, 02:37 PM
  #218  
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The GX is for those who don't care about cutting edge, but value proven reliable tech. This is a somewhat limited audience, but we are out there.
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Old 05-25-21, 02:42 PM
  #219  
CFAI
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Still waiting for feedback from someone who has a lived experience (short or long) with both vehicles, or just the Defender but has had GX/LX in the past
Too late - you started a ***** storm and the flood gates are open
(also given how new the Defender is, and given that this is a GX forum, I doubt there will be too many here who have purchased a defender who can answer your direct question. For your viewing pleasure
)

Last edited by CFAI; 05-25-21 at 03:01 PM.
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Old 05-25-21, 04:28 PM
  #220  
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Originally Posted by CFAI
Too late - you started a ***** storm and the flood gates are open
(also given how new the Defender is, and given that this is a GX forum, I doubt there will be too many here who have purchased a defender who can answer your direct question. For your viewing pleasure https://www.youtube.com/watch?v=zDBGksdhW34)
Last words in this review "the GX is going to get me home" ... enough said.
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Old 05-25-21, 05:15 PM
  #221  
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Originally Posted by ASE
Last words in this review "the GX is going to get me home" ... enough said.
Second to last words 'if it were my money, and I hate to say it, I think I would go for the Land Rover'
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Old 05-25-21, 07:41 PM
  #222  
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Originally Posted by CFAI
Second to last words 'if it were my money, and I hate to say it, I think I would go for the Land Rover'
Yes, Chad is the expert. Maybe he hates his wife and does not want to get back home ... or wants her to get stranded so she does not come home.
Old 05-25-21, 08:31 PM
  #223  
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Originally Posted by BradTank
I know someone that just bought a brand new $110k+ Range Rover and had to return it within a week because he had an issue and the dealership couldn't fix it in a timely manner. They offered him another new model and just asked for a refund. And that's their top of the line model.
Example of the reliability of the Defender, might not even make a good lease...


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Old 05-25-21, 09:14 PM
  #224  
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... 🤣🙄🤐 ... so how many more days until the end of the lease ? ... 1,093 days !

Last edited by ASE; 05-25-21 at 09:22 PM.
Old 05-26-21, 07:12 AM
  #225  
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I own a 21 GX. Had to rent a car last week and rented Land Rover Sport supercharged, 20,000 miles. WOW power, sport feel! Day 2 the enitre dashboard went dark and folded up as I was driving - 6 separate times! No radio, no loghts, no signals, nothing, I recorded video to prove it to the rental company. I loved the LR and years ago almost bought one, but really?!!? I wouldn't trust it for any long distand or remote trips only to and from work. Beautiful vehicles, I knew they had a history of issues maybe electrical issues but dam.
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