2012 IS-F Obsedian over Red Leather.
Has Mark Levinson & Intuitive Park (I think)
Does not have pre-collision, radar cruise, or headlight washers.
One owner California car don’t see any mods.
Service history on lexusdrivers looks complete to my eye.
Price is $26K plus shipping to MA and has 91K miles on it.
Does have one accident from 1.5 years ago to right front side on autocheck.
The accident and the miles makes me esp. hesitant.
I’d like to sell the car between 12-24 months from now and not loose too much money on it. That’s a huge factor for me. Will be a DD to the tune of about 13K miles a year.
I could always get a car max warranty, but since I do t plan to keep it too long and Lexus being reliable...
https://www.carmax.com/car/16724267

Would love any thoughts or opinions you have to share.

I’m the reservation holder haha.
Just cautious before buying if the price is good considering mileage and the accident.
Looks to have a good service history though and is one owner.
I just don’t want to loose too much on it.

how much would you guess I’d be able to sell it for a year or two later with let’s say 110K miles if you had to crystal ball it?

With all due respect, We can’t possibly know that. You flip cars every two years. Your going to lose your bottom every time. That’s something you need to just accept or stop doing it.

the market on ISFs is high right now, but that can change for a multitude of reasons, such as economy or new car releases. In 2 years your 12 will have close to 120k and be 8 plus years old.

You seem to be asking a question you really don’t want to hear the answer too.

cars are a losing game. Indisputably the worst investments we ever make are in cars, outside of lighting money on fire. It’s even worse when you mod them.

if you aren’t ok with losing money on a car, you simply cannot buy one.

Perhaps I didn’t position my question for interpretation the way I meant it.

I acknowledge that just about every car is a loosing game. Some are worse than others though.

My current car I bought used for $21K and now I might get $13K for it. So that’s like 40% out the window in a year. Or $575 a year. I could have leased something new.

Maybe i I keep the car for a year and sell it with just over 100k miles. Maybe I sell it in 3 years with 125K miles.

I wouldn’t keep it more than 3 years, but I’m looking to keep my end cost per year the lowest as possible given the type of cars I’m looking at etc.

I agree with Jwconeil in thinking that you want another answer from the group.

Would you have a balance form your current car that rolls into this loan? Don’t forget the sales tax, travel and or shipping cost. That will be a loss right there on top of the depreciation. In your other post you were already saying that you were hesitant so why not just walk? Other cars out there.. Are you gonna be happy if a handful of people tell you to buy and you do?

I’m currently looking for an IS F but would not consider this as its been in a wreck and no history of it. You can be open to buying a car with a “history” but just make sure you pay the right amount. Carmax seems to have high prices on a lot of their other IS F so why is this one cheaper?

You are better off finding a high mileage example that is closer to full depreciation. A car between $16k-$18k that has been maintained. A lot more buyers in that price range too.

I think this Carmax deal would be a mistake given your situation.

Good luck.

i want one of these And cannot find a clean one to save my life for 11k... what mileage are you talking about?

To OP... by a 10 year old IS350. They don’t depreciate nearly as much and I argue they are over 80% of an ISF anyway. Stock for stock, 0-60 is practically a tie. I have one, it hasn’t depreciated much in 20 months and 16000 miles. I paid 16500 for it with like 35k on it. Now it has 50k and I could probably get like 15k. Mine only depreciated since it hit the 10 year mark.

Stop selling your cars if your trying to be money savvy.... why are you constantly flipping them? Do you just get bored? Your issue is not the car you buy,it’s your life style. You have chosen a very expensive hobby.

Buy a car you love and drive it into the ground. Max out your 401K match. Buy a house that costs significantly less than you can afford by bank standards. Put it on a 15 year loan. Save half your extra money. Retire young.

I appreciate all this great feedback!

I don’t generally flip that often. Unfortunate engine failure on my last car. Current car is still running and once replaced this car will be driven by a family member.
Im basing the lost money depreciation on market values if I was selling it.

In regards to IS350, and LS460, I don’t really have anything against either of them. The closest Lexus to the cars that I normally have would be a GS350 TBH.

I havent seen many many super high mileage IS-F’s costing much different than this one unless it’s pre 2010. I won’t be tracking it so the LSD is less important to me in that regard, so is this what is suggested?

I had carmax send send me a walk around video. Looks to be in excellent shape. That’s a 2012, obsidian on red, with one accident reported and one owner, California owned, fully dealer maintained, with 91K miles and $25K cost to buy plus tax and shipping.

Not much more time left to fully decide and make up my mind completely haha