~Is it good idea to buy Aftermarket or Lexus Care Warranty~
05-30-11, 01:30 PM
#16
Moderator
Warm - agree all the technology in today's cars (regular and hybrid) makes them generally reliable but when something goes wrong its costs serious $$$.
After 10 reliable years, I had to get rid of my 89 Acura Legend in 1999 because the ABS master cylinder/accumulator went out and just the parts was $2500. ...to repair just a part of the brakes - yikes. I have owned several cars as a young man that cost me less than $2500 to buy the entire car.
After 10 reliable years, I had to get rid of my 89 Acura Legend in 1999 because the ABS master cylinder/accumulator went out and just the parts was $2500. ...to repair just a part of the brakes - yikes. I have owned several cars as a young man that cost me less than $2500 to buy the entire car.
05-30-11, 04:34 PM
#17
JW-The 89 legend was a nice car in its day I almost bought one blue with the gray rockers. 2500 bucks for parts for brakes is a serious reminder of the catastrophic cost of technology.
I bought the Camry for $19 G put a G into the warrantee 8/100 k and sold it at 80-85 with a transferable warrantee for like $11,000 7 years old I am probably ahead of the game. Thats 1500.00 a year (guaranteed) to drive a decent comfortable efficient car plus a home equity loan, and ya miss the t belt if it has one. Now I have some cash for autos versus my first car my 67 Impala for 400 bucks that is probably the route I will pursue. I bet I will never own a new car, so what.
I bought the Camry for $19 G put a G into the warrantee 8/100 k and sold it at 80-85 with a transferable warrantee for like $11,000 7 years old I am probably ahead of the game. Thats 1500.00 a year (guaranteed) to drive a decent comfortable efficient car plus a home equity loan, and ya miss the t belt if it has one. Now I have some cash for autos versus my first car my 67 Impala for 400 bucks that is probably the route I will pursue. I bet I will never own a new car, so what.
05-31-11, 07:32 AM
#18
Moderator
Warm - I agree on not buying new cars. 3-4 years old and in great condition seems to be the sweet spot in terms of reasonable cost of ownership. And if you buy a warranty you are covered in case you get one with unexpected mechanical issues.
My next car is very likely to be an 2009 SC430 - probably will buy it in 2012-13. Will try to get an ultra low mile CPO car from Lexus if we can find one at the time. I love the LS430 I have now but I really don't need a big 4 door sedan any more and we would enjoy a convertible in the spring and fall down here.
My next car is very likely to be an 2009 SC430 - probably will buy it in 2012-13. Will try to get an ultra low mile CPO car from Lexus if we can find one at the time. I love the LS430 I have now but I really don't need a big 4 door sedan any more and we would enjoy a convertible in the spring and fall down here.
05-31-11, 05:16 PM
#19
JW- I agree I bought my 04 premium 3 years ago in October with 55 k and all the receipts chrome wheels for 17 G's. Ya just gotta look for a while. The SC430 sounds very tempting, I would like to drive one, my old chiropractor had one along with his Bentley. It is an idea to keep an eye on trends and pick up the luxury/niche cars that are for any reason trending down at the time for cheap.
We never did hear back from the original poster?
We never did hear back from the original poster?
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