Sat 5 Aug 2006
I spent a lot of time this morning researching sporty luxury cars. I’m leaning heavily toward the Lexus IS 350 or 250, depending on whether the 100 extra horses feel worth the $5000 price difference during a future test drive. A close second, possibly also to be decided during a test drive, is the Infiniti G35 Coupe. It’s got less horsepower (-26) than the Lexus IS 350, but it’s also 500 lbs lighter, so it may not need as much torque to get going. It’s also $3000 less than the IS 350. But it’s $1500 more than the IS 250, and way less fuel efficient than both Lexuses.
Here’s what’s holding me back:
– can’t justify new car when my current car is running just fine
– haven’t had a car payment in 6 years and don’t really want to start again
– my cousin services my Honda and I don’t want to give up maintenance perks to switch to a non-Honda
– spending 35 Gs on a car means no investment real estate for me for awhile
– there’s no tax/financial benefit to spending dough on a car! I can’t write that sucker off.
– I feel sorry for my poor faithful car, which is in great condition presently
Here’s what’s pushing me toward it:
– my current car is 8 years old, and my parents are saying it’s about time I got something new
– I can spare the money; I’m not supporting anyone, mortgage pretty low, no debt (except the mortgage), not saving up for anything special/big
– I want a new toy
But 3-4 years of payment is a long commitment. =( And I don’t need a new car. Maybe I’ll go visit some dealerships and see if they make me a deal I can’t refuse.
get it get it get it! i think you deserve a nice new toy!
You do deserve a nice new toy.. Diana and I are like the little positive people sitting on your shoulders “do it, do it, do it…” Do you think you can ignore us??
NOW IS THE TIME to buy a new car as they ‘re pushing the 2006’s out the door… also, do it during the last 2 days of the month. 0% financing … no money down.. you have a trade worth SOMETHING.. ” do it.. do it.. do it..” Have you thought about leasing??
Dude, the Lexus financing is at a 7%-8%. That’s CRAZY. I test drove the IS250. Not that much more noticeable power than my Accord, even tho the Lexus has 54 more horsies. I didn’t test drive the Infiniti yet, but the dealer is dangling 1.9% short-term financing over my head, which makes it suddenly more tempting. Too bad the navigations systems add so much more to the overall price.
Re leasing, the perpetual payments bug me. I like to pay a couple of years and then have a car with no payments.
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