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Posted

Edmund's has just announced the list of cars that best keep their value over time.

Within this group, the 2015 GS 350 stands out not only because it holds its value, but also because the GS is a luxury automobile among and ever growing market filled with brands that you wouldn't expect to have some of our Lexus features.

I feel my cars do hold a substantial amount of their original value, and along with things like having floor mats so clean you could eat off of them. When I drive my ES into the dealer for a look around for a new toy, they look at the exterior and interior and say things like, "Do you ever drive this"? It forces them to offer more than market value for my trade.

How about you?

http://www.autoblog.com/photos/cars-that-retain-their-value/#slide-3588623

Posted

Great to know. I'm trying my best to keep mine perfect. I'm hoping it will hold it's value well especially if Toyota doesn't add any convertibles to their lineup.

  • 2 weeks later...
Posted

Buying cars is almost always a losing deal for us regular people. You always hope your car retains value (which is why we are here because we know), yet when you sit back and have a good swig of beer and think about it all, buying cars means you lose money. Luckily, we are among those who can afford to lose some money while providing ourselves with excellent, luxury transportation. We all had the option to buy a Prius (practical and economical), a domestic, or a Corolla to save money.

Posted

Buying cars is almost always a losing deal for us regular people. You always hope your car retains value (which is why we are here because we know), yet when you sit back and have a good swig of beer and think about it all, buying cars means you lose money. Luckily, we are among those who can afford to lose some money while providing ourselves with excellent, luxury transportation. We all had the option to buy a Prius (practical and economical), a domestic, or a Corolla to save money.

Your so right. Years ago, I took a big breath and resigned myself to the fact that I would never come out ahead when buying a car. Some of you may have seen the commercial for car insurance, with customers complaining about getting riped off by their insurance companies when making a claim. One customer complains saying, "How can my car depreciate before it's first oil change?"

We all know that when buying a luxury car you are not only buying the sheet metal, but the prestige that comes with luxury products. However, if your buying your car only for prestige you will always pay more because you won't be able to say no to yourself and will probably say "Yes" when if you had negotiated a little more you might have saved $250 - $500.

Paul

Posted

Hit that nail on the head Paul. Very nice to not have to worry about such things and I don't. My motto is floor it and burn up this gas while it's still cheap, available and legal.

Posted

Cars are my favorite thing. I don't mind losing some money. You lose money when you go to Disney World too.

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