Lexdiamonds Posted December 21, 2004 Share Posted December 21, 2004 Hey guys. My dream car is a Lexus GS300 or really 430, but as long as it is GS. I want to buy one used and my limit is about $24000 over a five year loan. It scares me to take out a five year loan and when the car is paid off it will most likey be about 9 years old. My other option was to lease a brand new ES and it would be realiable and cheaper for the full four years. With the new GS's coming out in May, My plan is to wait about 3 years until I can get the new body GS for about $24 or 25 thousand. Do you guys think a five year loan is bad and then the car is 9 years old or do you think I am looking to far into the future and I should enjoy the car which ever year it is or lease a brand new ES. I can't wait to hear your responses. Thanks Quote Link to comment Share on other sites More sharing options...
TurboGS300 Posted December 21, 2004 Share Posted December 21, 2004 Hey guys. My dream car is a Lexus GS300 or really 430, but as long as it is GS. I want to buy one used and my limit is about $24000 over a five year loan. It scares me to take out a five year loan and when the car is paid off it will most likey be about 9 years old. My other option was to lease a brand new ES and it would be realiable and cheaper for the full four years. With the new GS's coming out in May, My plan is to wait about 3 years until I can get the new body GS for about $24 or 25 thousand. Do you guys think a five year loan is bad and then the car is 9 years old or do you think I am looking to far into the future and I should enjoy the car which ever year it is or lease a brand new ES. I can't wait to hear your responses. Thanks ← Don't buy the ES, get what you really want. If you want a GS go buy it, it will hold it's resale pretty well, even in 9 years, as long as you do your part. B) Quote Link to comment Share on other sites More sharing options...
dsvetcov Posted December 21, 2004 Share Posted December 21, 2004 Lexus is offering very low interest rates on CPO. I just got a 3.9% for 5 years on 2001 GS300. I traded in a 02 Lincoln LS and got retail of 20,000...yipes lost > $10,000 over 2 years. That is why I bought GS. Car does hold it's value and worth every penny. I wish I can say same for american made, I really do. Go with GS. You will enjoy it more than ES. David Quote Link to comment Share on other sites More sharing options...
Unlisted Posted December 21, 2004 Share Posted December 21, 2004 just because you take a 5 year loan doesnt mean you cant pay it off in 3 years or trade-in . Quote Link to comment Share on other sites More sharing options...
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