I bought a mk4 yesterday for 2k, full history, two owners, okay, it needs a couple of small fixes - the engine bonnet struts and the boot leaks (I found that out this afternoon) but I paid 2k for it and it's a DIY fix, thanks to this excellent forum.
On Monday, we sold our BMW 5 series 73,000 miles for a really good price, however, we've had it for 3 years and each year we've lost 2.5k in depreciation!
The Lexus drives like a whale compared to the BM but it don't half shift, it's quiet as a mouse and in superb nick, I love it.
I would have to cover some huge miles to spend an extra 2.5 grand on petrol each year, wouldn't I?
All in all, I'll never buy a new or nearly new car ever again, not when there are LS400s being sold at 2 grand, why would you?