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Now that our IS500s made in Japan are subject to a 25% tariif are ours sitting in our garages more or less desireable, thoughts? Actually they are probably still desireable but at what cost?
Trade in values have gone up for other cars, wouldnt be surprised if yours has as well.
Begs the question, while your current vehicle trade in price has gone up, whats the replacement cost for the next vehicle you purchase?
The only situation you come out on top is selling vehicles you no longer need without need of replacement or if you need to get rid of some negative equity (and you cant totally remove that, just lessen the burden).
Last edited by coolsaber; Apr 4, 2025 at 06:43 PM.
"While closely monitoring developments from U.S. authorities including tariffs, we'll continue to work on reducing fixed costs and maintain our current operations for the time being," a Toyota spokesperson said in a statement.
That might include cutting back on quality if the tariffs go on for too long????
They have hiked the prices quite a bit on their new trucks and crossovers so maybe they feel they can make a bit less for some period of time and still come out ok.
Well,.some brands have decided to stop sending their products due to the added cost. It may have an impact on which models are available for a while. Time will tell i guess. I still feel the IS will have a final.edition for MY 2026, like they did for the RC and the Supra. This may change their plans ...
Don't forget the IS500 was requested by Lexus US and was solely available in the US. Mid 2022, Lexus started selling it in Japan as well.
I couldn't find any figures, but my guess is Lexus sold few units in Japan. The IS500 is a niche car and it's pretty expensive for what is is (even though I like it), and its fuel economy is not great for a market that mostly buys tiny cars with small engines. They sold a lot more units in the US, most likely in the thousands. That's where they make money with this car.
Given the rumors about an updated MY2026 - if they're true-, I find it hard to believe they will do a refresh just for Japan. Maybe they redeem themselves with the MY2026, update the tech, the suspension,the brakes, the interior, and the transmission. One can only wish.
Hypothetically speaking, this car mostly appeals to the North American market. That is, unless they cancel the plans last minute due to tariffs.
Interesting, as a new owner, new to Toyota and Lexus, I did not know that. However, it makes a lot of sense, especially if you have ever been to Japan. Our car culture and roads better supports a V8, despite those who think we should be all-electric.
Regardless of politics, the car will hold its value much better than most. Look at older IS-F models. Here in Canada there is barely a handful of them for sale and they are still listed between 20-40k. No other car in its segment will be even close to the pricing. If you are holding on to it for long term, none of that really matters unless you are flipping cars or something.
Don't forget the IS500 was requested by Lexus US and was solely available in the US. Mid 2022, Lexus started selling it in Japan as well.
I couldn't find any figures, but my guess is Lexus sold few units in Japan. The IS500 is a niche car and it's pretty expensive for what is is (even though I like it), and its fuel economy is not great for a market that mostly buys tiny cars with small engines. They sold a lot more units in the US, most likely in the thousands. That's where they make money with this car.
Given the rumors about an updated MY2026 - if they're true-, I find it hard to believe they will do a refresh just for Japan. Maybe they redeem themselves with the MY2026, update the tech, the suspension,the brakes, the interior, and the transmission. One can only wish.
Hypothetically speaking, this car mostly appeals to the North American market. That is, unless they cancel the plans last minute due to tariffs.
I honestly don't think it's that expensive for what it is. It has similar performance to something like an Audi S5, Benz C43 AMG, or BMW M340i, and it costs about the same, if not less in some situations, than those cars. Equipment is also largely the same outside of some whizbang stuff like a heads-up display and fancy headlights.
If the V-8 is staying, the only hope we have for an updated transmission would be the 10-speed from the LC. I don't think it's ever been used outside of the TNGA-L platform cars like the LS and LC (aside from related transmissions in trucks like the LX). If a new IS does receive that transmission, that will be huge news.
Don't know if he knows what he is talking about, however I do beleive the IS 500 is a great investment IMHO
No car is an investment with few exceptions like low mileage 911s. You just lose less money on Lexus than most other makers. My '17 540i was $84,000 new and with 60K miles sells in the high teens. A '17 GS350 which I could've bought for $55,000 still sells for the $30,000+ range with the same mileage.
No car is an investment with few exceptions like low mileage 911s. You just lose less money on Lexus than most other makers. My '17 540i was $84,000 new and with 60K miles sells in the high teens. A '17 GS350 which I could've bought for $55,000 still sells for the $30,000+ range with the same mileage.