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#11
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I've got a 2001 GS300. On the open road on premium (usually Shell) I can get ~27 MPG and on rare occasion, 28 MPG. I live in Texas, so not many hills. -d |
#12
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Are there any luxury cars (Audi, Lexus, Acura, Infinity, BMW, Mersedes, etc.) that run on regular gas (i.e., designed to run just fine on regular 87 gas without problems)? I see that even the cheapest models like Acura TSX and Lexus IS 250 require premium gas, which means expensive maintenance considering the price of gas nowadays... |
#13
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...if you want to maximize your car dollar, do buy a Lexus--a used one. Let someone else eat the depreciation that's inherently bad in luxury lines, and you end up with a much better built car for the price of the Accord. And it will depreciate slowly, keeping the value up over time much better than if one bought a new Accord. |
#14
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Even cars with great reliability ratings start to have repair problems after a few years. "Repair problems"? Or just need repairs? |
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Run the numbers. Repairs are no big deal. If you pay significantly less for the car, you can easily afford the repairs. And you end up spending less on the car plus repairs than on a new car. |
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I have a 94 Lexus. I pay about $750/year in repairs, in addition to oil changes and whatever maintenance it needs. Call it $70/month, even, on average. So what? How does that compare to a car payment? |
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Buy a 4 year old Lexus where the huge depreciation has been eaten up, pay what you'd pay for an Accord, pay your $50 to $70 monthly maintenance costs, and have a car that's far better than any new Accord--better built, better features. Also, I just like having a new car. Well, that pretty much sums up your life. You like paying that depreciation. |
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Further, new cars have features old car don't, like navigation, etc. I am in the process of buying an 03 Acura TL Type S with navigation for around $17,500. 40,000 miles. It has huge power, great features that you can't even get on an Accord today, and it costs less than a bottom end Accord today--including whatever maintenance a 40K Acura might need now and down the road. And realistically, I'll have it at least as long as any 06 Accord would last. As an example of features: Honda still, to this day, insists that memory seats are reserved for the Acura line, and are not to be installed on the pedestrian Honda line. Screwy, but there you go. I can pay $28K for an Accord and not get memory seats; on the other hand, I can pay $17.5K for the TL and get memory seats. |
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Thank you for insisting on buying new and paying that depreciation. That's what keeps folks like me from spending stupid amounts of money for an item you spend less than an hour a day with, on average. |
#15
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Thank you for insisting on buying new and paying that depreciation. That's what keeps folks like me from spending stupid amounts of money for an item you spend less than an hour a day with, on average. So are you saying that anyone who buys a new Lexus is "stupid?" Pretty much. They're being stupid about their money. |
#16
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So are you saying that anyone who buys a new Lexus is "stupid?" Pretty much. They're being stupid about their money. |
#17
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In article <4kruo3Fdiq0fU1 (AT) individual (DOT) net>, "David Z" <me (AT) privacy (DOT) net wrote: Thank you for insisting on buying new and paying that depreciation. That's what keeps folks like me from spending stupid amounts of money for an item you spend less than an hour a day with, on average. So are you saying that anyone who buys a new Lexus is "stupid?" Pretty much. They're being stupid about their money. But as you said, that's what makes the world go 'round. |
#18
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So are you saying that anyone who buys a new Lexus is "stupid?" Pretty much. They're being stupid about their money. So, if someone has a net worth of $100 million, you think they would be stupid if they bought a new, rather than used, Lexus? Sam Walton drove around in an old pickup truck. |
#19
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"dulles" <jf (AT) barada (DOT) com> quipped: I've got a 2001 GS300. On the open road on premium (usually Shell) I can get ~27 MPG and on rare occasion, 28 MPG. I live in Texas, so not many hills. -d ..as compared to what? What you posted is pointless unless you can compare that with your mpg with 87 octane. |
#20
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...if you want to maximize your car dollar, do buy a Lexus--a used one. Let someone else eat the depreciation that's inherently bad in luxury lines, and you end up with a much better built car for the price of the Accord. And it will depreciate slowly, keeping the value up over time much better than if one bought a new Accord. |
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