Keep it or Sell it?
So OP.. trade up for a Kia or Hyundai and be safe with the long warranty since money is an issue as far as repairs go.
So OP.. trade up for a Kia or Hyundai and be safe with the long warranty since money is an issue as far as repairs go.
It's been recommended (various "How much car can you afford?" sites) that to be able to afford a Lexus IS you should have an AGI of around $100k/year minimum, and probably a little bit higher ($125k-$140k/year) if you live in a high cost of living area like California or New York.
I really do appreciate everyones opinion and help. Shows a great sense of community. Ps, I've lined up a newer Subaru as a back up. Price tag is 15k.
It's been recommended (various "How much car can you afford?" sites) that to be able to afford a Lexus IS you should have an AGI of around $100k/year minimum, and probably a little bit higher ($125k-$140k/year) if you live in a high cost of living area like California or New York.
Celebrating Lexus & Toyota from Around the Globe
http://images.businessweek.com/ss/09...u_afford/2.htm
(They actually use the Lexus IS as the prototypical example of the kind of car one can buy at the $100k/year level)
To be fair, I think there's obviously a strong assumption that one buy or lease said vehicle brand new.
Annual Income: $30,000
Mortgage/Rent: Up to $8,400
Car: Toyota Yaris, $12,205
Dining Out: $1,575
Entertainment: $1,200
Clothing: $1,125
Travel: $900
IRA: $4,500
Health/Car Insurance: $4,100
Federal Income Tax: Married: $3,665 / Single: $4,083
Annual Income: $50,000
Mortgage/Rent: Up to $14,000
Car: Honda Civic DX, $16,105
Dining Out: $2,520
Entertainment: $1,920
Clothing: $1,800
Travel: $1,500
IRA: $7,500
Health/Car Insurance: $4,100
Federal Income Tax: Married: $6,665 / Single: $8,688
Annual Income: $75,000
Mortgage/Rent: Up to $21,000
Car: Nissan Altima Coupe 3.5 S, $26,390
Dining Out: $3,300
Entertainment: $2,580
Clothing: $2,280
Travel: $3,000
IRA: $11,250
Health/Car Insurance: $4,100
Federal Income Tax: Married: $11,125 / Single: $14,938
Annual Income: $100,000
Mortgage/Rent: Up to $28,000
Car: Lexus IS, $31,155
Dining Out: $3,600
Entertainment: $3,000
Clothing: $2,325
Travel: $4,000
IRA: $15,000
Public College: $6,585
Health/Car Insurance: $4,100
Federal Income Tax: Married: $17,375 / Single: $21,720
Annual Income: $125,000
Mortgage/Rent: Up to $35,000
Car: Lincoln MKS, $38,490
Dining Out: $4,560
Entertainment: $3,800
Clothing: $2,945
Travel: $5,000
IRA: $18,750
Public College: $6,585
Health/Car Insurance: $4,300
Federal Income Tax: Married: $23,625 / Single: $28,720
Annual Income: $150,000
Mortgage/Rent: Up to $42,000
Car: Mercedes Benz CLK 350 Coupe, $48,100
Dining Out: $5,280
Entertainment: $4,400
Clothing: $3,410
Travel: $6,000
IRA: $22,500
Private High School: $17,145
Health/Car Insurance: $4,500
Federal Income Tax: Married: $30,264 / Single: $35,720
Annual Income: $300,000
Mortgage/Rent: Up to $84,000
Car: BMW M6 Coupe, $102,100
Dining Out: $7,200
Entertainment: $6,800
Clothing: $5,000
Travel: $12,000
IRA: $30,000
Private University: $25,143
Health/Car/Life Insurance: $5,200
Federal Income Tax: Married: $76,821 / Single: $84,143
Annual Income: $500,000
Mortgage/Rent: Up to $140,000
Car: Porsche 911 Turbo Cabriolet, $140,700
Dining Out: $10,800
Entertainment: $10,200
Clothing: $7,500
Travel: $20,000
IRA: $50,000
Private University: $43,950
Health/Car/Life Insurance: $6,000
Federal Income Tax: Married: $145,362 / Single: $152,684
Annual Income: $1,000,000
Mortgage/Rent: Up to $280,000
Car: Lamborghini Murcielago, $354,000
Dining Out: $21,600
Entertainment: $20,400
Clothing: $15,000
Travel: $40,000
IRA: $100,000
Private University: $43,950
Health/Car/Life Insurance: $7,500
Federal Income Tax: Married: $320,362 / Single: $327,684
Annual Income: $2,000,000
Mortgage/Rent: Up to $560,000
Car: Mercedes Benz SLR McLaren, $495,000
Dining Out: $43,200
Entertainment: $40,800
Clothing: $30,000
Travel: $80,000
IRA: $200,000
Private University: $43,950
Health/Car/Life Insurance: $10,000
Federal Income Tax: Married: $670,362 / Single: $677,684
1: Tires go on craigslist and look for a decent used set. At times you will find people selling New take offs
2: Rear shocks, is this the same mechanic that told you about the air bag? Bounce on the rear and bounce on another IS250's rear and see if theres a difference. I'm at 115K miles and my shocks are all good! Worst cast Find someone selling a used set of low mileage shocks 50-$100 bucks. Another $60-70 to install.
3: Airbag light, see how it works out with the dealer. Hopefully they solve it for free! If not take it to another mechanic, it could just be a dirty connection on the sensor. When they scanned it did they tell you which sensor was at fault? If you know which sensor, personally I would try to fix it myself. By discounting the battery first, then I would locate the sensor unplug it and inspect it it may just need some electrical cleaner. If you cant fix it, leave the airbag light on, the airbag system will still work so long as the impact doesnt hit that sensor.







