Buying a 2nd car. Pls giv feedbacks n comments on the price.

• Goodeal

  13 Oct 03, 16:06

  Hi Gentlemens,
  
  Planning to buy this 2nd hand car, an Lexus IS 200 auto, 06/00
  with full trd bodykit and 17" tom's rim with semi slick tires.
  90000+ mileage. stock engine. price is $92500.
  Is this a good buy?
  I am doubting...
• Ah Wei

  23 Oct 03, 02:45

  Okie here we goes............
  
  The price of the new IS200 is abt 130k, and the scrap value is abt 26k, so 10 yrs depreciate 104k, which work out to be 10.4k a yr, abt 866 a mnth.
  
  Not to sure abt the parf of the car u see but guess 2000 car has higher scrap, lets say 28k (estimated). So 92k-28k = 64k. Left with 6 yrs 8 mnths, so mnthly depreciate abt 800. Not much of a difference. Also, has to note that the mileage of the car is a little on the high side. Believe u can push the price of the car down further.
  
  Also, for 90k+, why don't u consider getting a brand new car like RAV4, Vti1.7 or something else. You will still have 10 yrs to drive.
  
  And most importantly, problem free.
  
  Just my thoughts, fyr.
  
  
• Daiki

  23 Oct 03, 17:11

  Originally posted by Ah Wei:

  Okie here we goes............
  
  The price of the new IS200 is abt 130k, and the scrap value is abt 26k, so 10 yrs depreciate 104k, which work out to be 10.4k a yr, abt 866 a mnth.
  
  Not to sure abt the parf of the car u see but guess 2000 car has higher scrap, lets say 28k (estimated). So 92k-28k = 64k. Left with 6 yrs 8 mnths, so mnthly depreciate abt 800. Not much of a difference. Also, has to note that the mileage of the car is a little on the high side. Believe u can push the price of the car down further.
  
  Also, for 90k+, why don't u consider getting a brand new car like RAV4, Vti1.7 or something else. You will still have 10 yrs to drive.
  
  And most importantly, problem free.
  
  Just my thoughts, fyr.
  
  

  yeah.. i support Ah Wei's comments.. go get a new car.. it's much better... and yes... mileage is too high...
• Goodeal

  23 Oct 03, 19:17

  thanks man for your ideas.
  i just went to check with some of the other dealers and found out that the same year is200 is selling for 700+ k.
• Daiki

  23 Oct 03, 22:34

  Originally posted by Goodeal:

  thanks man for your ideas.
  i just went to check with some of the other dealers and found out that the same year is200 is selling for 700+ k.

  700K+ ARE U SURE?! Wat typr of Lexus is that? Twin Cam Twin Turbo?? Lolz... Better double check on the price again... $70K+ might not exist as sometimes, dealers will purposely slash the price of the car just to spoil market and make u come back for them, and when u return, they will say the car no more liao... ask u to buy another... all the tricks... be extra careful and also check the body of car.
• Goodeal

  25 Oct 03, 10:45

  Originally posted by Daiki:

  700K+ ARE U SURE?! Wat typr of Lexus is that? Twin Cam Twin Turbo?? Lolz... Better double check on the price again... $70K+ might not exist as sometimes, dealers will purposely slash the price of the car just to spoil market and make u come back for them, and when u return, they will say the car no more liao... ask u to buy another... all the tricks... be extra careful and also check the body of car.

  well i didnt went down to see the car, i just called and quote. might be true might not be. but the 90k is200 is out of my reach. i would rather get a new car than that. thanks for the informations. but i am really in love with the is200 tachometer. kind of chrono stuff. damn chio...i donno how to put the pic up. but u guys can check it out.
• Goodeal

  27 Oct 03, 15:16

  Originally posted by Daiki:

  700K+ ARE U SURE?! Wat typr of Lexus is that? Twin Cam Twin Turbo?? Lolz... Better double check on the price again... $70K+ might not exist as sometimes, dealers will purposely slash the price of the car just to spoil market and make u come back for them, and when u return, they will say the car no more liao... ask u to buy another... all the tricks... be extra careful and also check the body of car.

  opps no...it is 70+. typo error.
• BLIM

  28 Oct 03, 14:43

  Hi Goodeal,
  
  I agree with Ah wei. Compare to a second hand and a new car, most people will still prefer to new car and it will never give you problem.
• Goodeal

  28 Oct 03, 15:17

  Originally posted by BLIM:

  Hi Goodeal,
  
  I agree with Ah wei. Compare to a second hand and a new car, most people will still prefer to new car and it will never give you problem.

  yup i totally agree with him.
  with the kind of money i would buy a new car instead of that car.
  i was just damn impress by the car's road holding and comfort.
  i like the tachometer alot too.
  but the price is too ex for such a high mileage.
  not worth.
  and i check the newspaper, another same yr around the same month IS200 is selling at 79k.
  a difference of 10k.
  nowadays i believe 2nd car is not cheap as they are not as popular as b4.
  they will need to earn a higher margin to support their rent and salary.
  new car these days are damn cheap.
  but still expensive compare to our neighbouring countries.
  do you have any idea that the car tax alone is 130% of the car value?
  you are actually paying for 3 car for the price of one, when you calculate the 130% plus coe.
  just imagine with the money to buy a low end bimmer or benz, you can get to buy a ferrari 360 modena in the uk.
  just imagine the whole singapore street flooded with ferrari, porsche and lamborghini, if there is no coe and such a high tax.
  our coe alone can afford a civic type r in uk...
  hiak...singapore
  
• BLIM

  29 Oct 03, 10:48

  Hi Goodeal,
  
  Perhaps you can consider buying Nissan Sunny which I'm driving nw. I bought it at about $70K ++. quite good.
  
  What is your favourite car?
• Goodeal

  29 Oct 03, 11:44

  Originally posted by BLIM:

  Hi Goodeal,
  
  Perhaps you can consider buying Nissan Sunny which I'm driving nw. I bought it at about $70K ++. quite good.
  
  What is your favourite car?

  yah that car, got a dealer introduce me the car at $67k.
  I even went for a test-drive, but i don't like the steering which is too heavy.
  ride is not bad.
  i can say that one is a very good car for the price.
  but frankly speaking, donno y i have a dislike for nissan brand.
  i am looking forward for a more sporty car.
  car that can handle very well..
  performance is not important.
  right now i am targeting impreza and jazz.
  if i were to get any of them i would trade in the stock rim and tire for a 16" rim for jazz or 18" rim for impreza, no tire in mind yet.
  I understand the car will be very underpowered and may increase the fuel efficiency.
  but i love cars that give me a sense of safetyness.
  i tested the jazz and found out that the car understeer alot...due to the 14" rim.
  I tested a 2nd hand impreza with 18" rim and i love it alot.
  not planning to get this yr becoz analysis expect a drop in coe after cny next yr.