MikeCumbria

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About MikeCumbria

  • Rank
    New Club Member

Profile Information

  • First Name
    Mike
  • Lexus Model
    CT200h Sport
  • Year of Lexus
    2015
  • UK/Ireland Location
    Cumbria
  1. MikeCumbria

    Lease is nearly up, what car next?

    Yeah I had that when I bought the CT 3 years ago. Plus they were very keen price wise to sell me a new one instead of a pre registered. Brand new you often get an extra finance contribution towards your deposit too.
  2. MikeCumbria

    Lease is nearly up, what car next?

    I've bought my last 2 cars using carwow, hence me saying above about the discount I would get to reduce the depreciation. Carwow is excellent in that regard. Means you don't really have to faff about negotiating. On most new or pre registered cars you would get a £2/3k discount going through them as standard. Plus no need for "ohh I'll just have to check with my manager", type of negotiations!
  3. MikeCumbria

    Lease is nearly up, what car next?

    Rubbish answer from them really. Firstly that would differentiate them from the competition. Secondly it's available on their lower teared brand already, and thirdly as their parts are generally Toyota parts, that they expect to last at least 5 years anyway, the cost in offering it would be negligible to them. Sadly it just tempts me further to switch I think.
  4. MikeCumbria

    Lease is nearly up, what car next?

    I think with my low mileage per year, actually now calculated at 9000 miles per anum, the extra cost of buying hybrid or electric isn't worth the saving I'd get with petrol. Which is a shame as I'm all for greener products. As mentioned above by Colin the new Toyota Corolla is out soon which will be replacing the Auris, so as I still have a few months to go on my lease, I will be considering that. The CT is certainly based on the Auris, but having test driven both, I was definitely much more impressed with the Lexus. Why Lexus as the premium Toyota brand don't do the 5 year warranty they do I'll never know. It would probably cost them very little as their parts are generally reliable and be more likely to retain me as a customer and persuade more people to buy Lexus.
  5. MikeCumbria

    Lease is nearly up, what car next?

    I have done the same and bought older generally. Like the LS400 would if been £45k brand new back when I bought my first Lexus, I bought it for £12k when it was just over 4 years old. So I get you. But I like knowing my exact motoring costs which you get with new cars as there are no hidden repair bills. I'm currently paying £259 pm for mine plus £21 pm service plan. So I know the exact cost. Can be super pricey for repairs especially on an older Lexus, buying warranties on older cars isn't cheap either. Plus I would generally expect to get £2/3k off a brand new car which helps reduce depreciation losses. Hence my temptation to buy new again. But torn between Lexus or another brand to get better value. Obviously the cheapest motoring is probably to buy an old banger for a £100 and throw it in the bin every two months. 😆
  6. MikeCumbria

    Lease is nearly up, what car next?

    Ooohh had no idea that was happening, looks nice. Corolla, that takes me back 35 odd years to my parents car. I'm liking the look of the new one tho. Wonder if there's a new Yaris on the horizon too? Mmmm 5 year warranty, is very tempting!
  7. MikeCumbria

    Lease is nearly up, what car next?

    Yeah I know 😆 But for the last year I've been looking forward to a new car. Plus cost of extended warranty Vs cost of winging it and hoping quality wins. 🤔 Whichever I pick will be wrong no doubt! New car means new warranty too, hmmmm.
  8. Hi Everyone, Long time reader of these forums. Decided to come on today and ask for your advice. Sadly I think I already know the answer to my question, which may well be bye bye Lexus. I bought a brand new CT200h Sport on a lexus financial plan 3 years ago. It's just going in now for it's service and first MOT. So it will soon be time to look at buying a replacement. Previously had an IS200 Sport 1999 from newish and prior to that an LS400 1995 which was a bargain as it was 4 years old. So I'm a long term lexus lover for about 20 years. Love the quality and what was a good list of standard premium features. Those features seem to be becoming more and more additional expensive add on's tho. I feel loyalty to Lexus, but feel like I'm starting to get a bit short changed and I'm feeling more inclined that it might be time to buy something different. No doubt there won't be much, if any value left in my current car for using as a new deposit. Driving only just over 8000 mile's a year. I drive mainly short journeys with just me in the car, and on quiet roads which are generally 10 mins to town. I am heavy on the acceleration from time to time, which combined with short trips seems to mean I only average about 40mpg Not great, especially at the expense of a hybrid. Obviously non hybrid was not an option on the CT. My thoughts are that I still enjoy having my Lexus but the cost is likely to rise at a time when I'd like to be saving rather than paying out more. Time to move maybe? Recently persuaded the Mrs, to swap her 206 for a new Yaris, she loves it, and that 5 year warranty too. I quite like it, but it's not a Lexus. 😭 But I'd most likely pay £25k on another new CT200h Sport, and about £10k less for a reasonable new Yaris. What do you think? Mike