Miles vs Year
What is more important when buying a preowned Lexus, Miles or Year? I'm looking at SC430s right now and I struggle with whether to go older like 02-04 with low mileage or 06-08 with higher mileage. I currently have an '01LS with 186,000 and it's still running strong and looks great so I know that longevity is in the DNA of these great cars, however I'm also looking at resale in a couple of years for the SC I'm considering. Regarding age vs mileage, I also have a '91 LS400 which looks beautiful, an 82000 mile Georgia car with no rust anywhere... HOWEVER, anything rubber or plastic is dried up, cracked, hardened, and the wiring harness clips explode in tiny pieces when pulled from engine sensors...22 years old, and add leather that looks ok but it's dry as a bone even with leather care. My friend in the car business says mileage is king, I say that an '08 SC430 with 105,000 is a better specimen for a car you are going to drive than an '02 with 40,000 miles. All cars also need exercise, and low mileage older cars have little. Also, an '08 with 100K+ was usually racked up with highway driving not city. City must be significantly harder on a car. My friend is right when it comes to what $ cars demand with low mileage, however, I say they are over priced compared to what you get in a newer model, especially with Lexus quality and longevity. What say you out there?
Regarding maintenance, Lexus can provide you with complete records. If the car wasn't serviced at Lexus and the current owner has no paper records, pass on the car.
The condition depend on its history. My 2004 was a garage kept and rust less. Low mile does not mean its a city car especially the SC430 is a weekend car. Check the Lexus service records, it gives you an idea of where & what the car was up to. For ex, my 04 PB has been service only in Maryland / DC area. It means to me the car rarely see snow & not in a moisture environment.
In term of resale value, I believe low mileage have the advantage in the long run. Although the newer model is at a higher price now, they depreciate faster then its older model. Price of $30k 2008 vs $15k 2002. In two year, the ratio will be $25k 2008 vs. $13k 2002, two more year will be $20k 2008 vs 12k 2002 & another two year will be$16k 2008 vs 10k 2002. For most old car, the price different of old car are $800~$1000 between each model year. Most buyer also prefer low miles.
I bought my 04 in 2010 for 20K and it worth $17K now. An 08 in 2010 cost $36k and now worth 27k..
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That's only partially true. If you know that most of the miles on the car are (or were) Interstate/Highway miles with little or no stop-and-go traffic, then many of the car's components may be in better condition, with less wear, than a car with one-half (or one-third) that mileage that did little else but constantly warm-up/cool down and accelerate/stop in dense traffic.
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JCtx
SC430 - 2nd Gen (2001-2010)
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Feb 6, 2004 07:22 AM












