Hi there,
It is my first post at this forum. I have been a occasional poster at Toyota Nation, though.
Now I am faced with a tough decision for my new car. I currently have 2000 Camry LE V6 and want to change the car because this car had really poor city mpg (only 12 mpg... but still very good at highway... 27mpg as promised). I originally looked for 06 Camry SE 4 cylinder (because of gas). While I am searching the car, my friend suggested me to buy his wife's 2000 RX300 AWD(with only 20000 miles) with limited option package (as far as I found, they have all the options except Nakamichi Audio and VSC..original MSRP is $40200. I belive Traction control is standard..right?). Right Now, I am actually driving RX300 because my friend and his family was out of country for four month and asked me to take care of the car.
My driving impression on RX300: nice, quiet, and smooth ride, luxurious feel with all the bang and whistles, versatile as SUV and AWD, and it is Lexus!
I found some cons/doubts on the car, though: As many pointed out, big turning radius, little too soft brake (I need more power to brake... maybe it is just a matter of adjustment specific on this car), tranny shift not as smooth as Camry I had...(maybe it seems to be related to the car owner... my friend's wife mostly drive at a city and quite slowly...may need another break-in?), and, as known, gas mileage (the panel shows lifetime mpg so far was 13.9... but according to her, she got about 18mpg in a city). My friend offered me a KBB private party price ($20000-$21000, depending on either excellent or good).
Considering purchase costs, RX300 would be cheaper about $2500-$3000, but I would need extended warranty (about $1000? please give me any info) since I heard some had tyranny problem with this model. Plus, I need to spend more gas.
I am driving 70% city/30% highway. If I can get 20 mpg in Camry (compared to 15mpg with this car), assuming 12000 mile/year with $3/gallon), I need to spend about $600 more per year. But, instead, I will get all the benefits RX300 had (SUV, AWD..great for snow/rain here in Chicago, luxury & convenience..etc). Also, I would have more davaluaion on a new camry than RX300, if I plan to use either car for about 3year/36000 miles.
Other than cost/benefit shown I do know this is very personal decision. What I want to ask here is how about the above RX300 in terms of reliability, performance and resale value? Would this car okay if I got extended warranty and tried to adjust some areas I mentioned above (i.e., brake adjust...possible? or, I have to get used to.. and brake-in for smoother tranny and faster accelation)? I was quite surprised at the resale value (dramatic decrease from $40000 to $20000 in five years with only 20000 miles). I am little worried about this too (after 2-3 years with around 50000 mile.. can I sell it around $16k?).
I am so sorry for this long post. But, I really need your opinions/comments for my next vehicle. I truly appreciate all of your valuable inputs.