jzalkin

Every so often I check Edmunds and KBB for the trade in value (not looking to get rid of the IS, but I can be odd that way). Last month I remember thinking it was ok with a resale a little over $25,000. Last night it was a little over $26,000.

I used 17,800 miles and the second highest rating. My only thought s that the new model is selling well; thus, resale is better than the old model and now there is more data as opposed to the previous guesses to pricing.

Just thought I would pass along the info.

ben_r_

Thanks, I hope this car holds its resale value as I have every intention of selling it once the warrenty period is over. Id love to get around 25-26k for it then, but who knows what itll be worth in 4 years...

is4fsr

This is true is the demand for our car is high. This happened to my old man's '82 Vette. Bought it for $18K at that time and it got stolen after 2 years. His insurance paid him $22K.

hapaboy

neat to know. but yea, you gotta wonder what will really happen when the next redesign comes out. i don't think i'll let anyone else get their hands on my baby anyway.

KGDeAng

also happened to my Jeep Rubicon, had it almost 3 years, flipped and totalled it, financed it with their 0%, (love free money) and only lost 2k, I'll take that any day

is4fsr

Let's just hope our cars are more appealing than the new one. Just look at the BMW. BMW owners hate the new 5 and 7 series bangle design.
I know that Lexus will try to improve its design and performance but I want to keep my car for a long time - at least 5-6 yrs so I'm hoping that they don't change the body style soon. I love our car's aggressive look.

lobuxracer

iTrader: (2)

I bought my second MkIV Supra in Jan '97 for $28.5k. It's a hardtop TT 6 speed. Guess what it's worth today, even with 140k miles on it?

I doubt my IS will outperform it for resale any time soon.

ReLexin

i have a hard time keeping a car more than a year, 5-6 years wow!!!

GNN60GT500

Not to one up you......because I do have a thing for MkIV Supras-

but i bought my 67 Shelby GT500 back in 2000, it took some money to retore it- but including the cost of the car, I have about $35,000 into it right now-

want to guess what its worth?

lobuxracer

iTrader: (2)

If it weren't for F&F, it would just be another aging Japanese sports car. That's how it got it so cheap in '97. F&F wasn't out yet. It was four years old and originally sold for $43k. The original owner saved the window sticker for me.

IMHO, the movie sucked, but what it did for resale on Supras was WONDERFUL.

GNN60GT500

LOL the similarity- I bought my car before Gone in 60 seconds-

movie was OK, but price of my car shot through the roof-

maybe we need to write a commission check to Universal Studios?

is4fsr

Car depreciates alot the 1st 3yrs. At about 5 yrs I could just sell it at blue book value and don't feel bad. Selling your car after a year - expect at least $5- 7k depreciation. 2nd yr about $10K. 3rd yr about $12-15K .@ 5/6 yrs I could still sell it at 50-55% its original value or even more depending on condition and mileage. Plus I bought this coz I fell in love with it. Don't u wanna stay with ur love a long time? lol

STIG

Good news.

I am selling my IS350 this week.