Should I wait to buy a new car? ?

Question

I like the large Lexus sedan, but they get relatively lower gas mileage and recommended premium unleaded fuel. But I need a need new car within 1 year. Are there some good options for me in the near future?

Answer 1

I don't see how waiting will help you. It sounds like the large Lexus sedan you're interested in may just be a little too expensive for you.

I would suggest looking at the other sedans they have. They're still nice, but they maybe more affordable for you.

http://autos.yahoo.com/lexus/

2008 Lexus GS 450h  

MSRP: $55,800

Invoice: $49,104  

2008 Lexus GS 460  

MSRP: $53,020

Invoice: $46,127  

2008 Lexus GS 350  

MSRP: $44,550-$46,500

Invoice: $39,203-$40,920  

2008 Lexus ES 350  

MSRP: $34,120

Invoice: $30,253  

2008 Lexus IS 350  

MSRP: $36,305

Invoice: $31,948  

2008 Lexus IS 250  

MSRP: $30,855-$34,485

Invoice: $27,151-$30,344  

All of them are good cars.

Answer 2

Wait till thay droop

Answer 3

well, if you have a year to wait, then wait a year..you never know when a car company will make a new car, or better yet a car that  has good mileage, is cheap, and is a good car..i would wait.

Answer 4

Lexus might have good resale value (double check - my reference is an old article), so if you're looking for a new Japanese luxury car, that might not be so bad.

The problem is that when a car is thirsty AND it demands premium unleaded, you'll probably grow to resent your own automobile every time the price of gas goes up - regardless of whether you can afford it or not. For me, the smart money says not to bother with thirsty, fussy engines unless you're a true gearhead or feel really passionate about your car.

If I were going to BUY a car in the next year, I would get a comparable vehicle used but still under warranty (no sense in eating the depreciation), and test drive better mileage cars while looking for that "solid" feel that luxury cars give.  

Answer 5

Great question.

This is my opinion, Don't but a new car... instead lease it for either 2 or 3 years. the reason I say this is that I believe the car manufactures will come out with MPG around 50 or better, with this you would have a hard time getting rid of a car you buy today. if you lease it you turn it in and go for a different one.

Answer 6

if you want it now get it now

Answer 7

If you can afford a Lexus, why are you worrying about gas mileage and the cost of gasoline? If these are real issues, then get a cheaper car that you can afford and maintain. You will have more peace of mine and more money in your pocket.

Answer 8

Dont laugh when I tell you this...... Get a brand New Mercury Grand Marquis.... I had the big Infinitys, Lexus sedans and after blowing hundreds of thousands of dollars I realized this was stupid.... I buy a Mercury Grand Marquis at 1/3 to 1/4 the costs. I'm in the income bracket where I can write a check for a new one and trade it in every 2 years.... I get to drive a big car with a V8 and still have a fortune left over to pay for gas........