As a recent convert to Lexus, although I sympathise with your pain, I think this is par for the course for any med/large exec car. These sort of cars fall pretty rapidly in value over the first year or two and since you have to factor in the dealer margin, it is very expensive to change cars in a short period. I had a "desirable" A6 diesel which - to cut a long story short - I got rid of in just over a year as I wasn't happy with it, and I got about 50% trade-in just over a year later. The irony is, you would probably not get not that much less a year later, but feel much better about your trade-in value. Unless you have something that is really in demand (which are becoming rare these days), there is a certain logic to maintaining a 3-year replacement cycle. (Although, of course keeping you car for as long as possible until it falls apart is really the most cost-effective motoring!)