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Is this used Lexus IS250 about to depreciate heavily?
I'm offered a black with beige leather 2011 Lexus IS250C SE-L coupe convertible for £27,350, taxed for a year with full tank, first service, and IS250C mats, for a cash purchase. It was previously a Lexus management car. My wife is not unreasonably asking what's the catch as, when new in January 2011, the car was £40,000. I dropped £12,000 in two years driving 17,000 miles in my 2009 Honda Legend when I sold it to the trade yesterday, so is there a lot more depreciation to come on the Lexus?
Asked on 17 March 2012 by MK. via email
Answered by
Honest John
It’s actually at ‘trade book’. That fall in value is perfectly normal in the first year for a car like this. It's a lovely, smooth car and probably the most refined convertible you can buy. Better than a Bentley. Test and video: www.honestjohn.co.uk/road-tests/lexus/lexus-is250c.../
Remember, you dropped your £12,000 from new on your Legend over two years. This Lexus has already suffered its biggest annual drop.
Remember, you dropped your £12,000 from new on your Legend over two years. This Lexus has already suffered its biggest annual drop.
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Very well built. Top quality interior. Lexus dealers are best in the business. Impressive refinement. All engines chain cam. IS250 probably the most reliable car you can buy.
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