LACEYBUG

I recently sold my gorgeous 2020 Lexus NX300 F Sport because it was way too thirsty on fuel for my inner city location. It had come to end of its 4 year lease and I was able to offload it privately for $7,000 more than the payout figure.
I am now deciding between buying my next car outright, rather than leasing from new.
I can’t decide between a 2015 NX300h sports luxury for $38K (with 82,000kms) or a 2020 Corolla ZR hybrid for $30,000 ( with 50,000kms)
what should I choose???

703

Not sure about the maths here. You likely sold at a loss, which wouldn’t be covered by a more economical car at the same age and mileage.

timmy0tool

iTrader: (7)

don't you always sell at a loss, unless you have a car that is appreciating...

to the OP, if the corolla fits your lifestyle needs, save the extra $8k! only you can answer if $8k is worth having an older vehicle with higher mileage but slightly more refined and more utility.

Fizzboy7

Don't know the entire financial spread, but I can't see any savings taking place. Once you have sold a newer car and bought another, you are usually already in the hole. I hope I am wrong. Trying to be fuel efficient is a task I too work hard at.

703

Doesn't sound like a good deal though, to have to sell a 2020 NX and downgrade to a 2015 NX or a 2020 Corolla.

jer

Wouldn't the 15 NX have the same MPG issue as the 20 NX? If only fuel cost is the issue, seems the Corolla would be the better choice.