I know I'm not "popular" but humor me anyway - Page 2

[SleeplessMommy]

You can look up cost of ownership $$$ on edmunds.com. Lexus is exensive to keep running, I expect. Toyota or Honda are the way to go for used cars.

My DH once wanted to buy an older (much older) BMW. I said no. He had a wistful look every time we drove by that dealership.

[dachshundqueen]

Yes I would, while my husband is a licensed insurance agent and that is the bulk of our income, he is one hell of a car mechanic. We can buy cars for $500 with major problems and turn them around for a $3000.

If you have access to no such mechanic, absolutely not. What if the car has frame damage? Or some silent problem, like the timing belt needs to be replaced immediately, that's money.

Liz

[EFmom]

No, I wouldn't spend that much money on a car that old. And I agree about the repairs being expensive, and a car that old will need regular repairs no matter how good a condition it is in.

[miss_sonja]

It depends. Do you have a mechanic you like, who can work on a Japanese car? If so, and it's in great condition, then maybe. I drive a 1990 Acura that I love, but I've had to spend a couple thou in the last year on it.

Good luck with your car decision! I've heard Lexuses are nice rides, esp for a commute like that.

[the_lissa]

I don't know anything about cars, but I wanted to reply. Good luck with your decision.

[senmom]

Originally Posted by Kitsune6

Lexus are great cars but they are gas hogs. I'd look for a honda or toyota that would get good gas mileage.

Good luck!!

Hmmmm, gas hogs, depends on the model. AND, Lexus is a Toyota.

[woobysma]

Originally Posted by HelloKitty

That's not always true about higher end cars having more expensive repairs. I use to have a Mercedes and yeah when it went in for repairs it could be slightly more expensive but then it hardly needed repairing so it works out... I have a Saab now and the repair cost is very average, totally reasonable.

This is true, too. (can you tell I waffle about luxury cars )
For me, it would depend on the condition of the specific car. If it's been well-maintaned, you have less to worry about than if you get a car that's been neglected and then have to pay twice as much on repairs.

When we got the BMW, it was in really good shape, so I haven't put a ton of $ into it. DP did back it into his truck the third day we had it and the freaking tail-light cost $280 (I installed it myself, though, in about 5 minutes) - but if your DH is less clumsy, that hopefully won't be an issue

It would also depend on how comfortable you are fixing things yourself. I've found great car clubs online, which I could never find for my Civic, and I've gotten advice on how to fix a couple small things myself. That alone has cut down on the repair costs considerably.