604_Coast

http://www.lexus.com/models/ISC/

As most of us are probably aware, Lexus is bringing out a new hardtop convertible based on the IS platform.

What's everyone's thoughts on the new model? How will it play in regards to SC430 market value, is it truly a flagship or just a chopped IS? Personally (with my apologies to owners) I hope it does decrease the value of the SC430 so I can get into one at a good price point.

I'm having a hard time believing it can't affect the pricing of a discontinued model...

LexFather

SC 430 is not discontinued. SC 430 values should hold as it is a limited production model and it is one of those cars people still want. The SC is still the pearl of Lexus, the IS the entry level model.

Sure some people will cross shop the two but the IS-C I predict will not negatively affect SC values. They are both drop tops but really different ones.

tromly

I agree, two totally different cars with two different target buyers. One car is total luxury at a price point few people can afford. At 37K for the new IS-C many Americans can afford to have one in their driveway. I think the value of the SC will go up, not down, as more people will think they can afford a great pre owned SC rather than an entry level model IS-C.

Jace_91

iTrader: (1)

I agree, if i were looking for a car, I would much rather have a used SC rather than a new IS-C. I think people will realize the difference once they drive the cars. Lexus wants the IS-C because they will be able to offer desirable lease options, etc. I dont think it will effect the price of the SC.

Rides Low

iTrader: (6)

my coworkers just paid close to 53k for a load is-C. Not really too much of a discount from the SC

surteco

Even if we don't want to admit it, part of the purchase of a car is status. Performance is important, however, when you approach $70k you are buying quality status and performance. The ISC will be a good car, and the performance may be superior to the SC, however it will not be purchased by the typical SC buyer. For me, I would go to the Jag or the new Audi A5 S Cab. before I would buy the ISC.

PhilipMSPT

iTrader: (5)

Just like how the SLK does not significantly affect the resale value of the SL, or how the 3-Series convertible does not significantly affect the resale value of the 6-Series; the IS-C will not significantly affect the resale value of the SC.

inscents41

I was recently negotiating a lease on a new ES with a New York dealer and we got to talking about the IS-C. He told me that if I'm interested I should wait a year because he thinks next years version will be AWD. Could make a big difference.

tromly

That could be an awsome driving machine, still not an SC, but another level of performance.

Jace_91

iTrader: (1)

I think they should, and probably will, make an IS-FC... that would be a nice machine

Wunko

I agree that the ISC and SC are geared toward different people.

I heard about SC430 being discontinued but I think that's just a rumor. We'll have to see what happens when the 2010 model year arrives.

evolution8

I traded mine in for 25.5k CDN. 04, 100k KM.

rcpeters

I think the ISC is not a V8, I only want V8 cars and I am willing to spend the little extra for gas. Like others have said, older SC is better than a rapid depreciating ISC.

604_Coast

I was told by the dealer that SC will be discontinued. Do you guys figure the ISC is more geared towards the C70, 3 series vert, CLK, SLK crowd as opposed to the SL550, Jag, Aston crowd?