IS - 3rd Gen (2014-present) Discussion about the 2014+ model IS models

Leased 2018 IS300 AWD

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Old 06-10-22, 10:45 AM
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VineeSon
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Default Leased 2018 IS300 AWD

In march a piece of metal debris hit my undercarriage on the highway. Had to get new subframe and exhaust, all repairs were done at Dealers body shop. Would you recommended against buying the car out, like my initial plan. Buyout is about $26,000 CDN, current market has my car going for $38k.

Other options walk away from it in a few weeks, or buy it out and try to resell to recover some of the possible equity.

Old 06-10-22, 02:23 PM
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E46CT
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as long as the repair was good and it drives fine. no need to worry. i'd rather have a known than an unknown (next car you buy) you don't knnow what happened to it, despite what records may say.
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Old 06-11-22, 06:46 AM
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Solara350
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Originally Posted by VineeSon
In march a piece of metal debris hit my undercarriage on the highway. Had to get new subframe and exhaust, all repairs were done at Dealers body shop. Would you recommended against buying the car out, like my initial plan. Buyout is about $26,000 CDN, current market has my car going for $38k.

Other options walk away from it in a few weeks, or buy it out and try to resell to recover some of the possible equity.
Hey Fellas ! listen to me... Walk away and lease a new Model 2021+ IS350 AWD F-sport and then buy it out in 3-4 years. "had to get new subframe doesn't sound good to me"
Old 06-11-22, 02:52 PM
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davyjordi
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Originally Posted by Solara350
Hey Fellas ! listen to me... Walk away and lease a new Model 2021+ IS350 AWD F-sport and then buy it out in 3-4 years. "had to get new subframe doesn't sound good to me"
this might make sense for someone if buying/leasing a car weren't absolutely terrible right now. if the car was repaired properly, though, i wouldn't worry a whole ton about it, given that he's still driving the car and doesn't mention that it drives differently.
Old 06-12-22, 10:22 AM
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arentz07
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Originally Posted by Solara350
Hey Fellas ! listen to me... Walk away and lease a new Model 2021+ IS350 AWD F-sport and then buy it out in 3-4 years. "had to get new subframe doesn't sound good to me"
After owning the RWD car, I would say only get AWD if it is absolutely necessary. RWD is more balanced, meaning it turns in better, and gets about 2-3 MPG better than AWD. Definitely worth seeking out.

As for the leased car, yeah I would say to buy it out is a good option right now. New cars are pretty expensive, and used ones are even more expensive. If the car has been properly repaired and drives well, it'll be fine.
Old 06-12-22, 02:53 PM
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Originally Posted by VineeSon
In march a piece of metal debris hit my undercarriage on the highway. Had to get new subframe and exhaust, all repairs were done at Dealers body shop. Would you recommended against buying the car out, like my initial plan. Buyout is about $26,000 CDN, current market has my car going for $38k.

Other options walk away from it in a few weeks, or buy it out and try to resell to recover some of the possible equity.
If the car drives like there were no issues, I'd buy it out. Your current market is $38k and your buy-out is $26k, that's a huge win in your favor. You could buy it out, and then turn around an sell it for a profit. I'm sure the dealership is begging you to turn it back in to them so they can get that profit.
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davyjordi (06-12-22)
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