Yurka

Is it worth swapping my 2010 with 22k miles on it for a 2012/13 fully loaded or RX F. I have 8k left on my 2010 to pay off, thinkin whether or not i should do refinance and get a newer one, i like angrier/sharper look of newer models. Currently local dealers offer me 35k if i trade in my current one so ill have and RX 2012/13 or RX F is around 40-45k here. Is it worth going for it or not?

tfischer

I have an '04 and don't think it's worth it to trade up to a newer model, as I have no problems with my current one. It would be nice to have the newer gadgets and technology (bluetooth), but I don't think it's worth it to spend thousands of dollars for that. Eventually I will, but only when it makes economic sense. As for moving from a 2010 to a 2012, I'd have to have a lot more motivation than a "sharper look" to make that move.

KKloveIT

Trading your 2010 for 10k off the msrp is a rip off in my opinion. You can probably sell the car yourself for around 25~28k depending on where you live.

You're basically swapping your car with another car that has a different front grill/headlights and some software tweaks. But in the end of the day you're still driving the same car!

I would say save your wallet and wait for the next gen.

azinn

^^^^^^^ DITTO!

BLexodus

iTrader: (1)

Wait for the next gen or look into a front grill/bumper swap with the newer model if thats an option.

kitlz

Yurka, I say go with your gut but make sure it works for you financially. The dealer can roll the loan balance into the new vehicle loan. But find out beforehand what you'll be paying so there's no surprises. The 4th gen is probably around two years out. If you get a '13 now, you'll have a new vehicle with the design you like. Then in two years if you decide you like the 4th gen better, you can switch again. You're not the first to do it and probably not the last.

I remember how I felt when Lexus introduced bluetooth a year after getting my '04. Not happy but I couldn't miss something I didn't have. Or in your case, don't fix it if it ain't broke Moving from the '10 to the '12 doesn't make sense because it is essentially the same vehicle with only minor changes. Going with the '13 does. Gain a few features but also lose a few too.

BTW, bluetooth is pretty cool along with the USB port and host of other things. It's a more radical change than going from 1st gen to 2nd.

dwlink

+1 Your just buying the same car with a little bit more make-up and some athletic shorts. Go put that money in some health sector ETFs and you wont need to finance a new car in 3 years.

Bayman

I think the dealer is offering 35K for his trade? If so that is a great deal.

IMBoguss

I just swapped my 10 for a new 13 yesterday.
Leased the 13 for $20 less per month than I was paying on the 10.
I love the new vehicle, but I HATE the new display audio interface.
Trying to do anything requires wading through 8 layers of menus.

KKloveIT

Don't think the dealer would pay over the market place tho....I could be wrong

tfischer

Often the Dealer's trade-in price is related to the new car sale price. He will tell you it is not, but it probably is, as it's one transaction. Also, in some states there are sales tax implications relating to the prices; for example, in Ohio sales tax on a new car purchase with a trade-in is based only on the net of the two prices. Of course, the Dealer does not care about the sales tax because he will be sending that along to the state treasurer (surely), but a higher designated value on the trade-in will lower the net and save the purchaser some out of pocket dollars.

MjThind

Do it, YOLO bro lol. Naw go with your gut personally I would say hold out till the 4RX comes out. I was contemplating same thing last August when I paid mine off, payed it off a year early and I came to that I should just hold out, its not like it looks super out-of-date yet, nah mean?

tfischer

Google Translate did not work well on the previous post, but I gather that the advice being given is to make a $50,000.00 purchase on "gut," whatever that is, rather than an analysis of the purchaser's existing economic circumstances and his relevant transportation needs and family circumstances. Naw, mean, bro!
Or did I miss something?