Hey guys,

Seeking for some financial advice here

I'm thinking of trading in my 2016 IS350 Fsport for the 2017 version. Here's a quick breakdown of what I think it would cost me...

I still owe roughly 12k on the car, but I work at Lexus so the GM can work around it.

A 2017 IS350 FSPORT would roughly be ~50k, If I trade in my 2016, the value of the car would be roughly 38-40k minus the 12k I owe, the trade in value would probably be around 25-27k, which can be put down.

Soo... for the 2017, I could probably get it for a selling price of 42-43K + TTL. At the end, I think would probably lose about ~5-7K in the process. My math could be wrong, but please correct me,

Yall think this is worth? Or should I just pay off the car, and wait for the redesign?

 

I like the updated version, but for me, the new design details, safety tech and the larger nav screen would not be worth $5-7k.

 

am i missing something? Why are you trading a 16 for 17? Doesnt make any sense

 

Well.. I've been playing and seeing with alot of the 2017s at work. And its growing on me, everything except the tailights. The 10inch nav screen in person is beautiful.

But, yeah.. I would probably lose 5-7k if I were to go through with it.

 

Doesn't seem worth it. Your car is still fairly new and the changes aren't significant enough. You'll be changing the '17 for the '18 and so forth. I'd wait for a total redesign. Your choice, though.

 

Don't.

10char

 

if you like the annual changes, why not do a 12 month lease and get a new car every year? You would lose or depreciate that much anyways so why not. Im pretty sure if you work for Toyota, you are able to get much better rates

 

have you been playing around with the RCF? Now that's an upgrade

 

definitely dont trade. yoou'll regret it! Hell I sort of regret trading my 2016 CT200h F Sport for my IS200t... miss that car and the mileage. My 200t drinks gas like no tomorrow

 

Yeah, I played with the RCF and GSF a lot. Fun cars, but they drink gas like a mfer. Maybe when some leases are up in a year or so, and they come back in good condition.. I'll consider the GSF lol.

There are many no-no's about trading.. So, I guess I'll just pay off the car and trade it when the next redesign comes out, or just trade for a completely different car.

 

How bad is the MPG for the is200t? Should be decent at least, but not comparable with the CT.

 

Do it. Yolo

 

I don't think that the changes between 16 and 17 model are enough to warrant the 5-7K loss. I would wait for the redesign to upgrade. You've already got a pretty sweet car.

 

no second hand performance car is in good condition, especially a lease. The japanese do fare better than Germans in reliability though. The main reason to purchase/lease the RCF and GSF is for performance, hunger for power and most likely redlined numerous times daily. Or else the previous owner would opt for the cheaper GS350/200t or RC 350/200 or IS 200/250/350. I wouldn't even buy my own RCF, even if its L-certified, after im done with it in a few years haha

Gas is cheap, and will stay cheap for the next few years. I would never consider the RCF when premium gas was over $4. I get 15/25 and I drive it like I stole it daily. Not bad considering some IS200 owners get 20/25 with half the hp

 

Doesn't seem like it's worth it. Also, are you sure the trade-in value of your car is $38-40k? I was just at a Lexus dealer this weekend looking to possibly trade in my 2016 IS350 F-Sport (ML, Nav, BSM) with less than 8k miles, and the used car manager estimated that my car would be worth approximately $34k, and based on my own research of what these cars are going for in the used market, that seemed about right. Perhaps I could get a bit more if I sold it to a private party, but $38-40k seems like a stretch.