RCF Resale Value
02-25-16, 10:03 AM
#46
Lead Lap
FYI, just two days ago I saw a 2015 White with Red leather and carbon package with 14k miles selling for $60k. I called the seller and it's a middle-age man and he said he was firm on the price. I guess it's a good deal. It seems like it holds value pretty well. It's in SoCal.
No doubt once depreciation curves reach their plateau the F will command more then its competitors, but right now its a volatile market for buyers who finance or pay cash
02-25-16, 10:07 AM
#47
I'm personally sick and tired of losing tens of thousands of dollars by trading in cars to go after the next hot thing. I'm definitely in my RCF for the long-term which is 5-7 years for me which is why I got the first year model which makes Lexus F the only performance vehicle I trust in its class to keep my wallet happy from fixing broken things which leads to my other point.
I'm just as into lifted overlanding trucks as I am small sports cars so that'll be my next focus. Once the RCF has lived out its life, my next vehicle will no doubt be one that is used and NOT lose value. I'm done with keeping up with the latest and greatest. I am in the market, moving forward, for special edition vehicles where governance, scarcity of resources, low volumes, oddball board decisions etc dictate desirability/pricing.
I'm just as into lifted overlanding trucks as I am small sports cars so that'll be my next focus. Once the RCF has lived out its life, my next vehicle will no doubt be one that is used and NOT lose value. I'm done with keeping up with the latest and greatest. I am in the market, moving forward, for special edition vehicles where governance, scarcity of resources, low volumes, oddball board decisions etc dictate desirability/pricing.
It just makes my wallet bleed.....
02-25-16, 10:13 AM
#48
wow! so are you saying even at $60k a RCF with such beautiful color combo and TVD will have a hard time selling?
in that case, I guess our car is not holding up the value as good as we think?
hahahah. now i don't want to think how much our car will be worth 3 or 4 years down the road
how about M4? it seems it take a heavier hit than ours.
02-25-16, 10:24 AM
#49
Lexus Champion
wow! so are you saying even at $60k a RCF with such beautiful color combo and TVD will have a hard time selling?
in that case, I guess our car is not holding up the value as good as we think?
hahahah. now i don't want to think how much our car will be worth 3 or 4 years down the road
how about M4? it seems it take a heavier hit than ours.
in that case, I guess our car is not holding up the value as good as we think?
hahahah. now i don't want to think how much our car will be worth 3 or 4 years down the road
how about M4? it seems it take a heavier hit than ours.
$60K IMO is a reasonable price, Longo Lexus in El Monte is showing they have 2 used without the Carbon/TVD package for $58,988 (16K miles) and $63,546 (2,100 miles).
Beverly Hill Lexus is asking $73,000 for an Orange with carbon/TVD before discounts.
so his price point is right there..
HOWEVER. as a private party seller he is going to have a time selling it, he can't offer any type of financing. @ $60K a lot of people are more comfortable with a dealer than some guy listing on craigslist.
Last edited by mjeds; 02-25-16 at 12:49 PM.
02-25-16, 12:11 PM
#50
Lead Lap
$60K IMO is a reasonable price, Longo Lexus in El Monte is showing they have 2 used without the Carbon/TVD package for $58,988 (16K miles) and $63,546 (2,100 miles).
Beverly Hill Lexus is asking $73,000 for an Orange with carbon/TVD before discounts.
so his price point is right there..
HOWEVER. as a private party seller he is going to have a time selling it, he can't officer any type of financing. @ $60K a lot of people are more comfortable with a dealer than some guy listing on craigslist.
Beverly Hill Lexus is asking $73,000 for an Orange with carbon/TVD before discounts.
so his price point is right there..
HOWEVER. as a private party seller he is going to have a time selling it, he can't officer any type of financing. @ $60K a lot of people are more comfortable with a dealer than some guy listing on craigslist.
Even in the cars you provided, 14k miles is equivalent to $5K difference? Thats insane. Either theyre packed differenty or im confused
02-25-16, 12:53 PM
#51
Lexus Champion
do you mean his car is underpriced by $5,000?
it's the price he is asking, it doesn't mean it is under or over priced, it is his asking price.
the 2 on the dealer lots are not apple to apple comparisons because they are the luxury not performance package, but the dealer paid less for them than they are asking.
in the case of the private seller he is likely asking what he owes, or close to it. He could probably be asking more, but as I said he will have a hard time selling it, he can not offer anything to the buyer but a car, a dealer can offer financing, maintenance plans, warranties, etc.
02-25-16, 02:03 PM
#52
I have a 2015 RCF which has essentially lost 1/3 of its trade-in value in less than a year of ownership. Yes, life isn't fair or predictable and supply/demand, etc. However, this will be a significant factor when the time comes to choose between another Lexus or another brand.
But thats not what I want to say.
Cars are meant to be driven. Cars are not investment properties. Buying one for its long term value is a very poor use of investment dollars.
These cars are meant to have fun with. To get from point A to B and enjoying doing it. Any other reason for owning it is anti-enthusiast.
Forget about depreciation and enjoy the car.
02-25-16, 02:47 PM
#53
These are 1st World Problems, to be sure. But i don't have a stable of cars that i replace, yearly, from whatever I fancy on the DuPont Registry.
Btw...are you gonna sign up for the WGF event in Clayton? Registration is the 11th and it sells out in minutes. Would love to see you there. Maybe even line em up? 😏
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