Thoughts on trading 2016 for 2017?
#1
Lexus Test Driver
Thread Starter
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
Hey guys,
Seeking for some financial advice here
I'm thinking of trading in my 2016 IS350 Fsport for the 2017 version. Here's a quick breakdown of what I think it would cost me...
I still owe roughly 12k on the car, but I work at Lexus so the GM can work around it.
A 2017 IS350 FSPORT would roughly be ~50k, If I trade in my 2016, the value of the car would be roughly 38-40k minus the 12k I owe, the trade in value would probably be around 25-27k, which can be put down.
Soo... for the 2017, I could probably get it for a selling price of 42-43K + TTL. At the end, I think would probably lose about ~5-7K in the process. My math could be wrong, but please correct me,
Yall think this is worth? Or should I just pay off the car, and wait for the redesign?
Seeking for some financial advice here
I'm thinking of trading in my 2016 IS350 Fsport for the 2017 version. Here's a quick breakdown of what I think it would cost me...
I still owe roughly 12k on the car, but I work at Lexus so the GM can work around it.
A 2017 IS350 FSPORT would roughly be ~50k, If I trade in my 2016, the value of the car would be roughly 38-40k minus the 12k I owe, the trade in value would probably be around 25-27k, which can be put down.
Soo... for the 2017, I could probably get it for a selling price of 42-43K + TTL. At the end, I think would probably lose about ~5-7K in the process. My math could be wrong, but please correct me,
Yall think this is worth? Or should I just pay off the car, and wait for the redesign?
Last edited by nathantse; 11-16-16 at 12:17 PM.
#2
Lexus Champion
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
I like the updated version, but for me, the new design details, safety tech and the larger nav screen would not be worth $5-7k.
#3
Lexus Champion
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
Hey guys,
Seeking for some financial advice here
I'm thinking of trading in my 2016 IS350 Fsport for the 2017 version. Here's a quick breakdown of what I think it would cost me...
I still owe roughly 12k on the car, but I work at Lexus so the GM can work around it.
A 2017 IS350 FSPORT would roughly be ~50k, If I trade in my 2016, the value of the car would be roughly 38-40k minus the 12k I owe, the trade in value would probably be around 25-27k, which can be put down.
Soo... for the 2017, I could probably get it for a selling price of 42-43K + TTL. At the end, I think would probably lose about ~5-7K in the process. My math could be wrong, but please correct me,
Yall think this is worth? Or should I just pay off the car, and wait for the redesign?
Seeking for some financial advice here
I'm thinking of trading in my 2016 IS350 Fsport for the 2017 version. Here's a quick breakdown of what I think it would cost me...
I still owe roughly 12k on the car, but I work at Lexus so the GM can work around it.
A 2017 IS350 FSPORT would roughly be ~50k, If I trade in my 2016, the value of the car would be roughly 38-40k minus the 12k I owe, the trade in value would probably be around 25-27k, which can be put down.
Soo... for the 2017, I could probably get it for a selling price of 42-43K + TTL. At the end, I think would probably lose about ~5-7K in the process. My math could be wrong, but please correct me,
Yall think this is worth? Or should I just pay off the car, and wait for the redesign?
#4
Lexus Test Driver
Thread Starter
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
But, yeah.. I would probably lose 5-7k if I were to go through with it.
#5
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
Doesn't seem worth it. Your car is still fairly new and the changes aren't significant enough. You'll be changing the '17 for the '18 and so forth. I'd wait for a total redesign. Your choice, though.
#7
Lexus Champion
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
if you like the annual changes, why not do a 12 month lease and get a new car every year? You would lose or depreciate that much anyways so why not. Im pretty sure if you work for Toyota, you are able to get much better rates
Trending Topics
#8
Lexus Champion
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
have you been playing around with the RCF? Now that's an upgrade
#9
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
definitely dont trade. yoou'll regret it! Hell I sort of regret trading my 2016 CT200h F Sport for my IS200t... miss that car and the mileage. My 200t drinks gas like no tomorrow
#10
Lexus Test Driver
Thread Starter
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
Yeah, I played with the RCF and GSF a lot. Fun cars, but they drink gas like a mfer. Maybe when some leases are up in a year or so, and they come back in good condition.. I'll consider the GSF lol.
There are many no-no's about trading.. So, I guess I'll just pay off the car and trade it when the next redesign comes out, or just trade for a completely different car.
There are many no-no's about trading.. So, I guess I'll just pay off the car and trade it when the next redesign comes out, or just trade for a completely different car.
#11
Lexus Test Driver
Thread Starter
#14
Lexus Champion
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
Yeah, I played with the RCF and GSF a lot. Fun cars, but they drink gas like a mfer. Maybe when some leases are up in a year or so, and they come back in good condition.. I'll consider the GSF lol.
There are many no-no's about trading.. So, I guess I'll just pay off the car and trade it when the next redesign comes out, or just trade for a completely different car.
There are many no-no's about trading.. So, I guess I'll just pay off the car and trade it when the next redesign comes out, or just trade for a completely different car.
Gas is cheap, and will stay cheap for the next few years. I would never consider the RCF when premium gas was over $4. I get 15/25 and I drive it like I stole it daily. Not bad considering some IS200 owners get 20/25 with half the hp
Last edited by ssmoked; 11-16-16 at 04:41 PM.
#15
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
Doesn't seem like it's worth it. Also, are you sure the trade-in value of your car is $38-40k? I was just at a Lexus dealer this weekend looking to possibly trade in my 2016 IS350 F-Sport (ML, Nav, BSM) with less than 8k miles, and the used car manager estimated that my car would be worth approximately $34k, and based on my own research of what these cars are going for in the used market, that seemed about right. Perhaps I could get a bit more if I sold it to a private party, but $38-40k seems like a stretch.