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^^ that is great news!! I also have a call scheduled with my dealer tomorrow so while I am not expecting a vehicle having being tagged to me yet, i am hoping some sort of positive message on a future allocation...fingers crossed
^^ that is great news!! I also have a call scheduled with my dealer tomorrow so while I am not expecting a vehicle having being tagged to me yet, i am hoping some sort of positive message on a future allocation...fingers crossed
Since I am assuming my goal is to buy a collectable V8 cars, which the IS500 may have such potential, I am going to:
1. wait for the last model year of IS500 (if it turns out to be a 1-model year run, I will reconsider this special case), to make sure there are no future V8 true F new models roll out. For example a twin-turbo V8 IS-F or LS-F
2. If it is a multiple year run, I will wait for Lexus to add more hardware upgrade/enhancements to the last IS500, to obtain the best value. For example the 2020 GS-F worth way more than the 2016 GS-F
3. Majority of the "affordable" V8 cars/SUVs will be discontinued around 2025. By delaying spending on the IS500, the wait can significantly increase my chance to buy the best and last affordable V8 automobile in the human history. I am not loyal to Lexus, if there is a better choice later on, I will jump ship. Meanwhile I may buy a "cheap" V8 sedans like the HEMIs as transition for around $35k, and use the saved money to invest in high growth stocks, which return will basically cover the cost of buying the most collectable V8 cars in the next 3-4 years.
Since I am assuming my goal is to buy a collectable V8 cars, which the IS500 may have such potential, I am going to:
1. wait for the last model year of IS500 (if it turns out to be a 1-model year run, I will reconsider this special case), to make sure there are no future V8 true F new models roll out. For example a twin-turbo V8 IS-F or LS-F
2. If it is a multiple year run, I will wait for Lexus to add more hardware upgrade/enhancements to the last IS500, to obtain the best value. For example the 2020 GS-F worth way more than the 2016 GS-F
3. Majority of the "affordable" V8 cars/SUVs will be discontinued around 2025. By delaying spending on the IS500, the wait can significantly increase my chance to buy the best and last affordable V8 automobile in the human history. I am not loyal to Lexus, if there is a better choice later on, I will jump ship. Meanwhile I may buy a "cheap" V8 sedans like the HEMIs as transition for around $35k, and use the saved money to invest in high growth stocks, which return will basically cover the cost of buying the most collectable V8 cars in the next 3-4 years.
My 2c.
If you want a collectible, buy an LE. Personally, I am not buying this car to have a "collectible". I am buying this car because I want a V8, I want reliability, and I want a V8. Cars are meant to be driven.
Also, if you think you can get one of the Charger/Challenger with a comparable V8 (the 6.4L) for anywhere near $35k, you are mistaken. New and used for the 6.4L are starting at $40k, and if you want to have anywhere near the same technology and options you would see in this car, you are already looking in the low to mid 50s, and even then, you still aren't close to where the IS500 Technology suite is. And this is coming from someone who LOVES the Challenger and was in the market for one before the IS500 was announced.
If you want a collectible, buy an LE. Personally, I am not buying this car to have a "collectible". I am buying this car because I want a V8, I want reliability, and I want a V8. Cars are meant to be driven.
For LE, it may be, or may be not, I do not know. But for me, a car's collectability is determined by a combination of factors such as mechanical features, quality, and rarity.
To best spend my money, I think the strategy to buy a "cheap" V8, and then wait and buy a "nice" V8 is the optimum: for the same money, you end up with 2 V8 cars, instead of one.
All my above points won't make sense before the emerging of EVs and previously, cars are primarily to be driven. But now this is a totally different story, you definitely need to keep a V8 if you really like how the V8 delivery power, which is different than any EVs. The V8/10/12 are being killed not because they are technically inferior, but for political reasons.
If you want a collectible, buy an LE. Personally, I am not buying this car to have a "collectible". I am buying this car because I want a V8, I want reliability, and I want a V8. Cars are meant to be driven.
Also, if you think you can get one of the Charger/Challenger with a comparable V8 (the 6.4L) for anywhere near $35k, you are mistaken. New and used for the 6.4L are starting at $40k, and if you want to have anywhere near the same technology and options you would see in this car, you are already looking in the low to mid 50s, and even then, you still aren't close to where the IS500 Technology suite is. And this is coming from someone who LOVES the Challenger and was in the market for one before the IS500 was announced.
I don't track or race so any V8 sedans have 350 hp and up is fine for me. I know they perform differently but for daily driving, this does not bother me. Tech-wise, as long as it can connect to my iPhone, it will be fine also. I am driving another V8 flagship sedan and it has way more fancier features, belts and whistles than the IS, but after a couple years I feel kind of bored and I am not missing those features at all. I don't know why...but I know collectability is not due to price, or feature.
There are a lot of FCA dealers in Southern California and recently inventory level of Challenger and Charger (especially V8s) is up a lot, and discounts are back.
What a day. TLDR I'm deep in this game. 3 deposits down. Here's the latest:
Dealership #1: After calling the sales manager again today he was insistent that I had to take the car with ceramic coat and security system. Take it or leave it, no ifs and or buts. He also provided a breakdown of those costs - A WHOPPING $1995 for ceramic and $1395 for security system (a total of $3390 extra). Unsurprisingly I was pissed and I told him that wasn't going to fly. Nearly withdrew my deposit on the spot. About an hour later the sales consultant called me and asked if I was excited about getting the car. No, I said and I explained what the manager told me. He said "what if I tried to get a discount on those add-ons?" I said it's going to have to be a massive discount. He'll see what he could do, but unless that discount is like $3000, I plan to tap out.
Dealership #2: Also does add-ons but has yet to talk to the sales manager to see if they can be removed.
Dealership #3: After that whole debacle with Dealership #1 I decided to pull the trigger and make a deposit here. Over the phone he promised no mark up and no dealer add ons. So I went in and got everything in writing. Here it is (ignore the car color):
Since I am assuming my goal is to buy a collectable V8 cars, which the IS500 may have such potential, I am going to:
1. wait for the last model year of IS500 (if it turns out to be a 1-model year run, I will reconsider this special case), to make sure there are no future V8 true F new models roll out. For example a twin-turbo V8 IS-F or LS-F
2. If it is a multiple year run, I will wait for Lexus to add more hardware upgrade/enhancements to the last IS500, to obtain the best value. For example the 2020 GS-F worth way more than the 2016 GS-F
3. Majority of the "affordable" V8 cars/SUVs will be discontinued around 2025. By delaying spending on the IS500, the wait can significantly increase my chance to buy the best and last affordable V8 automobile in the human history. I am not loyal to Lexus, if there is a better choice later on, I will jump ship. Meanwhile I may buy a "cheap" V8 sedans like the HEMIs as transition for around $35k, and use the saved money to invest in high growth stocks, which return will basically cover the cost of buying the most collectable V8 cars in the next 3-4 years.
My 2c.
I agree that getting a late model IS500 will get you a better car, but "the best value?" I dont know. Allow me to poke some holes in your logic using the GS F as an example.
A 2020 GS F is better than a 2016 for sure. But you also pay a lot more for 2020 GS Fs currently. It's not like they're the same price or even close all else being equal. You're going to have to wait another 4 years to get it as the same price as today's 2016 GS F. Remember we're talking about the GS F here. Let's plug this analogy back into the IS500. Say it has a 4 year production run, the 2025 IS500 being the "best" IS500 ever produced. At that time, let's say used 2022 models are conservatively re-selling for ~$45,000. You're going to have to wait until 2028 to get a 2025 IS500 model for $45,000. That's 7 years from now, to save what, about $20,000? Are you sure you're willing to do that?
ET94 - I would ask the dealer to sow you the pricing sheet - Either they made a mistake and quoted you the IS500 LE or they included things that makes it hard for us to assess but dealers in Canada shouldn't do a market adjustment..
I’m going through USAA with their 1.89% APR. I do believe NASA Federal CU accepts everyone. Just checked their site and it’s 2.15% APR.
I went through Onpointe in Oregon and Washington and got 2.49 %- .25 for having an account for 2.24%.......but that 1.89% is nice.....paying my taxes in cash though, can't stand the thought of paying interest on taxes.....disappointing that Lexus didn't offer a 1.9%..........
11-24-21, 01:13 PM
