Is that like Rack City?

 

I got $16K off MSRP on a 2012 LS 460L at the end of July.

 

Condolences.

 

That's a silly comment. Probably is an $80,000 car for $64,000. For an LS460L...a helluva good deal.

 

In that case, it would be a $64k car for $64k, no? Shall we delve into the basic law of supply and demand or can you take things from here?

 

I get your point and agree with market forces. But a new LS460L for $16K less than the even newer one that is essentially the same car is a reasonable value for someone who is content with the NEAR latest thing.

 

"Reasonable value" as you are using it is a value judgment centering on emotional satisfaction. My take is that cars are cars, subject to market forces. You will rarely, if ever, cheat the market. You may slice into someone else's profit margin, thereby increasing yours. That is as it should be - willing buyer, wiling seller and all. Where I get amused (and where I was tweaking the OP) is when people confuse the market that USED TO BE with the one that is NOW.

Never buy the final year prior to a model change - you want to stop buying them for the same reason they stopped making them. Also, you'll get killed on resale as your "old" car is lumped into the "old style": thus a shiny new 2012 magically and tragically becomes a stodgy, dated 2007.

 

I agree that markets tend to be tough to be beaten. I'm not sure that buying the 2012 for $16,000 below sticker...versus close to FULL sticker on a 2013 (at least until they become plentiful) isn't the better depreciation value however. In 4 years I'd bet that the 2012 bot for, let's say $64,000 will be worth not that much less than a similar mileage 2013 bot for $80,000. I'd bet the depreciation curve favors the older car in this case, because the buyer didn't get fooled into paying too much.

 

At the end of the day, the mileage will be more important than the year when you will be comparing a 2012 vs. 2013 down the road...

 

I personally think that the 2013 looks a lot different than the 2007-2012 models. Just compare the interiors of let's say the 2013 RX to that of a 2012 RX, it looks virtually the same, even though the 2013 is a refresh. Just because the engines are the same doesn't necessarily mean that its a refresh. But this is just my personal opinion. Let's keep the tone respectful...

 

The LS is 100% absolutely a refresh, not a new model. Compare to the ES, GS & IS which are all complete redesigns.

In fact, the 2013 LS is the first time Lexus has ever refreshed the same model twice without introducing an all new model.

I like the 2013 LS a lot, I think its a nice upgrade from the 2012, but when you look at it outside and inside, if you know anything about Lexus vehicles at all it is 100% obvious its a refresh, not a new model. It may be a more significant refresh, namely because they already mild refreshed the LS once in 2010 and everyone was expecting an all new car, but it is a refresh. Thats not being disrespectful, its stating a fact.

If you can buy a 2012 for $14,000 less than a 2013 that MSRP for about the same, thats an 18% difference. In 2016, the difference between a 2012 in value and a 2013 in value is not going to be 18%, and certainly will not be $16k.

The 2012 is the better value, no doubt. Whether you can live with the older model is up to you. I'd buy a leftover 2012 in a heartbeat...but then I would never spend $80k on a car...so obviously nowadays I'll never own a new LS.

 

I replaced a 2008 that was leased for 4 years. It had a buyout of $23K, I traded it in for the 2012. The dealer gave me $34K for the trade. I thus netted $11K on the old car. The car that I bought had a sticker of $83.5K. The $16K discount + the $11K trade in gave me a brand new LS 460L for $56.5K. There is no way I could have gotten a 2013 LS460L for that amount. I don't much care for the new look (maybe it will grow on me over time) so I'm quite happy with the car as well as what I paid for it. A new 2013 with all the options that I have is close to $85K.

 

I bought my 2012 ls460 for 60k +ttl, sticker was 75.6 with ml and the parking thingy. Cars ok, but it sounds like a diesel at low rpm. If i would of known that, i wouldn't of bought it. When i went to dealer to pick up plates, he said you have any questions and then he imediately told me about the ticking noise people complain about. Salesdude said it was injectors. What load of bs. Sounds like crap you ask me for a 75k lux car. Funny they advertise a car with champaign glasses on the hood and they have liquid filled motor mounts for vibration reduction, yet my 2000 chevy is quieter at idle. And i wanted to trade my gx for a new gx 460, but i hear it has the same motor.

 

Did you drive it first?

 

Other members have complained about the same issue. I wish I knew why there are differences in our cars.
Maybe another member can explain why. My 2008 LS is nearing 28K miles and it idles as smooth and quiet as you could expect for a V8, with and without the air conditioning on. Further, I have no performance concerns. Lexus should not ignore this complaint as there may be a solution available to eliminate or minimize this problem.