Lexus IS 250 improved ownership costs raise all-round value
12-07-05, 11:17 AM
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Lexus IS 250 improved ownership costs raise all-round value
Lexus IS 250 improved ownership costs raise all-round value
True to Lexus’s unmatched attention to detail, the IS makes substantial advances in cost of ownership benefits, setting class-leading standards and making the new car an even stronger proposition than the previous generation model.
Lexus has achieved all-round improvements in efficiency in the standard programme of servicing and maintenance for the IS’s first 60,000 miles or three years. Compared to the previous generation model the contract servicing costs have been reduced by £288 (for models running on 17-inch tyres), while the cumulative length of time required to do the work has fallen by more than three hours to 5.1 hours.
This has been achieved through a series of measures, including the adoption of longer-life or maintenance-free components. These include:
Maintenance-free valve clearances
Transmission oil that does not require changing during the vehicle’s lifetime
Air filter life extended from 30,000 to 40,000 miles
Engine coolant life extended from 30,000 to 100,000 miles
Brake pad replacement scheduled at 30,000 for front and 40,000 for rear
Engine uses mineral grade oil rather than expensive synthetic type
Another important area in which the new Lexus IS excels compared to its principal rivals is in the cost of replacement parts. In the event of a typical front or rear collision, the repair parts costs for the Lexus work out substantially cheaper.
For example, the combined cost of front-end elements, including bonnet, grille, bumper cover, wing, headlamp, radiator, front panel and air conditioning condenser, for the Audi A4 is almost 26 per cent greater than for the Lexus, while the Mercedes C-Class, Jaguar X-Type and BMW 3 Series range between 18 and 24 per cent more expensive. And it’s a similar story where the cost of rear-end components are concerned, too.
Should crash repairs be necessary, the job of replacement has been made simpler, for example by introducing a bolt-on rather than welded front section. And the vehicle’s radiator and air conditioning condenser have been positioned so that they do not have to be removed for the repair to be effected, so coolant and refrigerant gas do not have to be replaced.
These measures have had a positive impact on both the new IS’s UK insurance ratings and early industry predictions for residual values.
In insurance terms, the new IS is launched with class-leading ratings, improving the levels attained by most of its principal rivals by one or two groups. The IS 250 has a 13E classification and the SE, SE-L and Sport (arriving in 2006) are in Group 14E. The diesel-powered IS 220d, to be launched in January next year, has been given a 12E rating, with SE, SE-L and sport versions in Group 13E.
These compare, for example, to Group 15E and 12E for the equivalent petrol and diesel powered Audi A4; 15E and 14E for the Jaguar X-TYPE and BMW 3 Series; and 16A and 13A for the Mercedes-Benz C-Class.
Furthermore, the all-round strengths and appeal of the new IS are set to make it a wise buy in terms of its retained value. CAP Monitor has calculated a residual value of 47 per cent for the IS 250 and 45 per cent for the IS 250 SE, figures two per cent higher in each case than the equivalent BMW 3 Series model.
True to Lexus’s unmatched attention to detail, the IS makes substantial advances in cost of ownership benefits, setting class-leading standards and making the new car an even stronger proposition than the previous generation model.
Lexus has achieved all-round improvements in efficiency in the standard programme of servicing and maintenance for the IS’s first 60,000 miles or three years. Compared to the previous generation model the contract servicing costs have been reduced by £288 (for models running on 17-inch tyres), while the cumulative length of time required to do the work has fallen by more than three hours to 5.1 hours.
This has been achieved through a series of measures, including the adoption of longer-life or maintenance-free components. These include:
Maintenance-free valve clearances
Transmission oil that does not require changing during the vehicle’s lifetime
Air filter life extended from 30,000 to 40,000 miles
Engine coolant life extended from 30,000 to 100,000 miles
Brake pad replacement scheduled at 30,000 for front and 40,000 for rear
Engine uses mineral grade oil rather than expensive synthetic type
Another important area in which the new Lexus IS excels compared to its principal rivals is in the cost of replacement parts. In the event of a typical front or rear collision, the repair parts costs for the Lexus work out substantially cheaper.
For example, the combined cost of front-end elements, including bonnet, grille, bumper cover, wing, headlamp, radiator, front panel and air conditioning condenser, for the Audi A4 is almost 26 per cent greater than for the Lexus, while the Mercedes C-Class, Jaguar X-Type and BMW 3 Series range between 18 and 24 per cent more expensive. And it’s a similar story where the cost of rear-end components are concerned, too.
Should crash repairs be necessary, the job of replacement has been made simpler, for example by introducing a bolt-on rather than welded front section. And the vehicle’s radiator and air conditioning condenser have been positioned so that they do not have to be removed for the repair to be effected, so coolant and refrigerant gas do not have to be replaced.
These measures have had a positive impact on both the new IS’s UK insurance ratings and early industry predictions for residual values.
In insurance terms, the new IS is launched with class-leading ratings, improving the levels attained by most of its principal rivals by one or two groups. The IS 250 has a 13E classification and the SE, SE-L and Sport (arriving in 2006) are in Group 14E. The diesel-powered IS 220d, to be launched in January next year, has been given a 12E rating, with SE, SE-L and sport versions in Group 13E.
These compare, for example, to Group 15E and 12E for the equivalent petrol and diesel powered Audi A4; 15E and 14E for the Jaguar X-TYPE and BMW 3 Series; and 16A and 13A for the Mercedes-Benz C-Class.
Furthermore, the all-round strengths and appeal of the new IS are set to make it a wise buy in terms of its retained value. CAP Monitor has calculated a residual value of 47 per cent for the IS 250 and 45 per cent for the IS 250 SE, figures two per cent higher in each case than the equivalent BMW 3 Series model.
12-07-05, 05:36 PM
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Which insurance companies honor the 13E classification? I just spoke to Geico yesterday, and they didn't know what the IS 250 was!!!! They only had the "IS 300" listed. They didn't recognize the VIN too. Also, what are the "SE" and "SE-L" for 2006? I've never heard of those before.
12-07-05, 06:05 PM
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Originally Posted by paeko73
Which insurance companies honor the 13E classification? I just spoke to Geico yesterday, and they didn't know what the IS 250 was!!!! They only had the "IS 300" listed. They didn't recognize the VIN too. Also, what are the "SE" and "SE-L" for 2006? I've never heard of those before.
12-07-05, 06:07 PM
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SE, SE-L and Sport
I think we have an inadvertent announcement of follow-on versions coming next year.
Any speculation?
SE - Special Edition?
SE-L - Special Edition, Long (like the 750iL)? (maybe Toyota is listening to all those back seat complaints)
And what might "Sport" encompass?
Thanks, Glendale
Any speculation?
SE - Special Edition?
SE-L - Special Edition, Long (like the 750iL)? (maybe Toyota is listening to all those back seat complaints)
And what might "Sport" encompass?
Thanks, Glendale
12-07-05, 06:55 PM
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Kids kids kids....
If you didn't notice the british pounds sign in the article and that it only talked about the 250 then that would be your clue... that was from the UK... the model designations there are specific to the UK or other markets that have them, but we will not be getting the SE, SE-L, etc.... just doesn't happen that way here... we have preferred option packages with no change in trim designation....
As far as the insurance it takes up to 12 months for a new model car to get into most insurance systems... the VIN may be in there a little earlier but you can usually expect the rate to change a little bit as the rate is determined by many factors... cost new, cost to repair/replace, damageability during a crash, likelihood of theft vandalism, power to weight ratio, etc.
For most insurance companies this is determined by one independant vendor who can't give an accurate classification until they have enough data... they normally wing it and just go by last/closest model and cost new but it can wind up changing for the better or worse once they get more accurate data. This allows the price structure for vehicles to stay pretty static for cars between companies, so that although individual rates may vary it will almost always be more for that IS vs an ES at any company. I left GEICO after working there 7 years so I know for sure how their system works and almost every other company works on a similar basis. Now happily I work for Toyota... much more fun...
If you didn't notice the british pounds sign in the article and that it only talked about the 250 then that would be your clue... that was from the UK... the model designations there are specific to the UK or other markets that have them, but we will not be getting the SE, SE-L, etc.... just doesn't happen that way here... we have preferred option packages with no change in trim designation....
As far as the insurance it takes up to 12 months for a new model car to get into most insurance systems... the VIN may be in there a little earlier but you can usually expect the rate to change a little bit as the rate is determined by many factors... cost new, cost to repair/replace, damageability during a crash, likelihood of theft vandalism, power to weight ratio, etc.
For most insurance companies this is determined by one independant vendor who can't give an accurate classification until they have enough data... they normally wing it and just go by last/closest model and cost new but it can wind up changing for the better or worse once they get more accurate data. This allows the price structure for vehicles to stay pretty static for cars between companies, so that although individual rates may vary it will almost always be more for that IS vs an ES at any company. I left GEICO after working there 7 years so I know for sure how their system works and almost every other company works on a similar basis. Now happily I work for Toyota... much more fun...
12-07-05, 11:27 PM
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Originally Posted by Lexus of Glendale
Lexus IS 250 improved ownership costs raise all-round value
True to Lexus’s unmatched attention to detail, the IS makes substantial advances in cost of ownership benefits, setting class-leading standards and making the new car an even stronger proposition than the previous generation model.
Lexus has achieved all-round improvements in efficiency in the standard programme of servicing and maintenance for the IS’s first 60,000 miles or three years. Compared to the previous generation model the contract servicing costs have been reduced by £288 (for models running on 17-inch tyres), while the cumulative length of time required to do the work has fallen by more than three hours to 5.1 hours.
This has been achieved through a series of measures, including the adoption of longer-life or maintenance-free components. These include:
Maintenance-free valve clearances
Transmission oil that does not require changing during the vehicle’s lifetime
Air filter life extended from 30,000 to 40,000 miles
Engine coolant life extended from 30,000 to 100,000 miles
Brake pad replacement scheduled at 30,000 for front and 40,000 for rear
Engine uses mineral grade oil rather than expensive synthetic type
Another important area in which the new Lexus IS excels compared to its principal rivals is in the cost of replacement parts. In the event of a typical front or rear collision, the repair parts costs for the Lexus work out substantially cheaper.
For example, the combined cost of front-end elements, including bonnet, grille, bumper cover, wing, headlamp, radiator, front panel and air conditioning condenser, for the Audi A4 is almost 26 per cent greater than for the Lexus, while the Mercedes C-Class, Jaguar X-Type and BMW 3 Series range between 18 and 24 per cent more expensive. And it’s a similar story where the cost of rear-end components are concerned, too.
Should crash repairs be necessary, the job of replacement has been made simpler, for example by introducing a bolt-on rather than welded front section. And the vehicle’s radiator and air conditioning condenser have been positioned so that they do not have to be removed for the repair to be effected, so coolant and refrigerant gas do not have to be replaced.
These measures have had a positive impact on both the new IS’s UK insurance ratings and early industry predictions for residual values.
In insurance terms, the new IS is launched with class-leading ratings, improving the levels attained by most of its principal rivals by one or two groups. The IS 250 has a 13E classification and the SE, SE-L and Sport (arriving in 2006) are in Group 14E. The diesel-powered IS 220d, to be launched in January next year, has been given a 12E rating, with SE, SE-L and sport versions in Group 13E.
These compare, for example, to Group 15E and 12E for the equivalent petrol and diesel powered Audi A4; 15E and 14E for the Jaguar X-TYPE and BMW 3 Series; and 16A and 13A for the Mercedes-Benz C-Class.
Furthermore, the all-round strengths and appeal of the new IS are set to make it a wise buy in terms of its retained value. CAP Monitor has calculated a residual value of 47 per cent for the IS 250 and 45 per cent for the IS 250 SE, figures two per cent higher in each case than the equivalent BMW 3 Series model.
True to Lexus’s unmatched attention to detail, the IS makes substantial advances in cost of ownership benefits, setting class-leading standards and making the new car an even stronger proposition than the previous generation model.
Lexus has achieved all-round improvements in efficiency in the standard programme of servicing and maintenance for the IS’s first 60,000 miles or three years. Compared to the previous generation model the contract servicing costs have been reduced by £288 (for models running on 17-inch tyres), while the cumulative length of time required to do the work has fallen by more than three hours to 5.1 hours.
This has been achieved through a series of measures, including the adoption of longer-life or maintenance-free components. These include:
Maintenance-free valve clearances
Transmission oil that does not require changing during the vehicle’s lifetime
Air filter life extended from 30,000 to 40,000 miles
Engine coolant life extended from 30,000 to 100,000 miles
Brake pad replacement scheduled at 30,000 for front and 40,000 for rear
Engine uses mineral grade oil rather than expensive synthetic type
Another important area in which the new Lexus IS excels compared to its principal rivals is in the cost of replacement parts. In the event of a typical front or rear collision, the repair parts costs for the Lexus work out substantially cheaper.
For example, the combined cost of front-end elements, including bonnet, grille, bumper cover, wing, headlamp, radiator, front panel and air conditioning condenser, for the Audi A4 is almost 26 per cent greater than for the Lexus, while the Mercedes C-Class, Jaguar X-Type and BMW 3 Series range between 18 and 24 per cent more expensive. And it’s a similar story where the cost of rear-end components are concerned, too.
Should crash repairs be necessary, the job of replacement has been made simpler, for example by introducing a bolt-on rather than welded front section. And the vehicle’s radiator and air conditioning condenser have been positioned so that they do not have to be removed for the repair to be effected, so coolant and refrigerant gas do not have to be replaced.
These measures have had a positive impact on both the new IS’s UK insurance ratings and early industry predictions for residual values.
In insurance terms, the new IS is launched with class-leading ratings, improving the levels attained by most of its principal rivals by one or two groups. The IS 250 has a 13E classification and the SE, SE-L and Sport (arriving in 2006) are in Group 14E. The diesel-powered IS 220d, to be launched in January next year, has been given a 12E rating, with SE, SE-L and sport versions in Group 13E.
These compare, for example, to Group 15E and 12E for the equivalent petrol and diesel powered Audi A4; 15E and 14E for the Jaguar X-TYPE and BMW 3 Series; and 16A and 13A for the Mercedes-Benz C-Class.
Furthermore, the all-round strengths and appeal of the new IS are set to make it a wise buy in terms of its retained value. CAP Monitor has calculated a residual value of 47 per cent for the IS 250 and 45 per cent for the IS 250 SE, figures two per cent higher in each case than the equivalent BMW 3 Series model.
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