I have refrained from posting recently as not everyone takes my opinion as it is meant, which is my view from the Dealers side. I see the Mole trying to put the same views across and getting the same treatment.
I have been asked specifically for views on this post so please take them as that, my views; my flame retardant suit is away getting cleaned!
Like everything else in this world, the value of a used IS200 is set according to the supply vs demand ratio. High demand, low supply = high price. Low demand, high supply = low price.
As far as the effect of the new IS250 on IS200; LGB has had this in mind for some time. They planned the run out very carefully so as not to put dealers in a position where we had both models in the showroom at the same time. Most other manufacturers would not care, they would keep pumping them in until it bursts, BMW were a recent case of this with both old and new model 3 series available for sale as new cars at the same time. I have not had new IS200’s to sell here since mid June (I see another thread where someone does not believe their dealer when they tell them this; why should they lie about this!)
I think IS200 suffered a little more than it should have in the last year with the introduction of first leather then Nav as standard but my experience is that if anything the values have risen in the last few weeks as dealers run out of IS stock to sell.
In the long run, I think the improving image of Lexus in the UK (Hybrid, GS, NG IS, Customer Service, Reliability etc) will result in a higher demand for all products and therefore a higher price. So before you start to decry the brand and your car, please be aware that you are hurting your own residual values.
With the supply and demand argument comes discount, one of my sayings is ‘Today’s discount is tomorrows depreciation’. Please remember this when you are asking for discount on your next car, I am not saying you should not ask but excessive supply which results in large discounts is one thing which will hurt residuals immediately.
It is a fact that the IS has the lowest depreciation in it’s and I see no reason that should change.
…..just reread this and it’s a bit disjointed but I am too busy trying to find used IS’s to buy to rewrite it, sorry.
Ian