ES - 5th Gen (2007-2012) Discussion topics related to 2007+ ES350

ES 350 Depreciation

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Old 06-05-12, 11:00 PM
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spacer46
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Default ES 350 Depreciation

Once the 2013 ES 350 is out should I expect the previous generation to come down significantly in price? I will be in the market for probably the 2008-2010 model and was wondering if it would be wise to wait. The ES traditionally has had good resale value. I would appreciate any advice.
Old 06-06-12, 12:20 AM
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LexPaul
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Yes, it would be wise to wait IMO, because for one the dealers will be trying to off load their previous year(s) inventory and as you mentioned, since this is the start of the next generation ES we should see a 'modest' drop, not a 'significant' drop. Lexus does very well in holding its value.
Old 06-08-12, 06:19 PM
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spacer46
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Originally Posted by LexPaul
Yes, it would be wise to wait IMO, because for one the dealers will be trying to off load their previous year(s) inventory and as you mentioned, since this is the start of the next generation ES we should see a 'modest' drop, not a 'significant' drop. Lexus does very well in holding its value.
Thanks for the advice. It won't hurt to wait a little longer.
Old 06-09-12, 01:51 AM
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Shahanf
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Yes i would wait. However sometimes even just the news of a new model can make some sellers nervous. Might give you some more wiggle room on a deal right now

lexus holds its value well, even with just new models. a good place to check how much it would depreciate is to check how the lexus GS values are holding up since a new model had been out now for a few months.
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