Why did the IS-F depreciate 20k
10-16-09, 02:15 AM
#62
This is only true if you paid MSRP for the car. Am I surprised? Not really. Purchasing a new car is never a good move financially by any means. Personally, getting the IS-F or any other car in this price range is "a want". So I'd say just enjoy the car. 
On the side note, it's not impossible to get a new IS-F close to 50K. I got mine well below invoice.
Terrance
On the side note, it's not impossible to get a new IS-F close to 50K. I got mine well below invoice.
Terrance
10-16-09, 10:54 AM
#63
one of the few major purchases that depreciate in value in life. houses, however (despite this economy status) still is doing quite well in comparison to cars or other industries.
10-16-09, 12:58 PM
#64
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I dont know what you are talking about, beside this recent recession, housing had always went in one direction and its Up..... Im talking about normal live-able houses not the one thats in the Ghetto with the boarded up doors and windows. You never lose money on housing, unless you bought the your house 3 years ago, when the housing market was all ballooned up and you wanna sell it now, in the middle of one of the hardest recession time.
10-16-09, 04:04 PM
#66
Guys, stop complaining this happens to ALL CARSSSSSSSSSSSSSSSSS!
You think Lexus IS-F is bad, ever go look at an AMG car with a few thousand miles?? Those drop closer to 40% by the time you negotiate a true value!
Luxury high dollar cars are hit harder than ever in this economy since the people who can "truly" afford these cars are slimmer once you take away all the financing people. Cash buyers are king right now and you will continue to see all brands of cars drop in value like crazy. A few years ago I was looking for a F430 and it was untouchable for anything under $220k, nowadays you can find one for $130k range which is roughly what I paid for my 08 GT3 at the time.
IS-Fly168: Obviously you are not familiar with CA markets where I had a few friends lose more than 50% of their home value the past year and had to walk away. NOT all homes make money and plenty are losing value fast.
You think Lexus IS-F is bad, ever go look at an AMG car with a few thousand miles?? Those drop closer to 40% by the time you negotiate a true value!
Luxury high dollar cars are hit harder than ever in this economy since the people who can "truly" afford these cars are slimmer once you take away all the financing people. Cash buyers are king right now and you will continue to see all brands of cars drop in value like crazy. A few years ago I was looking for a F430 and it was untouchable for anything under $220k, nowadays you can find one for $130k range which is roughly what I paid for my 08 GT3 at the time.
IS-Fly168: Obviously you are not familiar with CA markets where I had a few friends lose more than 50% of their home value the past year and had to walk away. NOT all homes make money and plenty are losing value fast.
10-16-09, 08:12 PM
#67
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Guys, stop complaining this happens to ALL CARSSSSSSSSSSSSSSSSS!
You think Lexus IS-F is bad, ever go look at an AMG car with a few thousand miles?? Those drop closer to 40% by the time you negotiate a true value!
Luxury high dollar cars are hit harder than ever in this economy since the people who can "truly" afford these cars are slimmer once you take away all the financing people. Cash buyers are king right now and you will continue to see all brands of cars drop in value like crazy. A few years ago I was looking for a F430 and it was untouchable for anything under $220k, nowadays you can find one for $130k range which is roughly what I paid for my 08 GT3 at the time.
IS-Fly168: Obviously you are not familiar with CA markets where I had a few friends lose more than 50% of their home value the past year and had to walk away. NOT all homes make money and plenty are losing value fast.
You think Lexus IS-F is bad, ever go look at an AMG car with a few thousand miles?? Those drop closer to 40% by the time you negotiate a true value!
Luxury high dollar cars are hit harder than ever in this economy since the people who can "truly" afford these cars are slimmer once you take away all the financing people. Cash buyers are king right now and you will continue to see all brands of cars drop in value like crazy. A few years ago I was looking for a F430 and it was untouchable for anything under $220k, nowadays you can find one for $130k range which is roughly what I paid for my 08 GT3 at the time.
IS-Fly168: Obviously you are not familiar with CA markets where I had a few friends lose more than 50% of their home value the past year and had to walk away. NOT all homes make money and plenty are losing value fast.
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