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zzyzzx says
If they are leasing new cars wouldn't the issues mentioned all be under warranty?
Of course, but I expect a new car to not have a single issue where a mechanic is involved, for at least 4 years.
Aside from maintenance, or damaged caused by an accident.
desertguy says
gabbar says
desertguy says
a new GX with the last of the V-8's
When did they build the last of the V-8's?
The LX has already transitioned to a twin turbo V6, same with the LS. For the GX, 2023 is last year of the production run with a V8, which started in 2009, which is one of the reasons the 2022 and 23 are so bullet proof. Next year complete redesign.
The GX had a V8 in the 03-09 model years too.
4.7L timing belt equipped V8
However, I’ve had too many 200k+ mile cars on original timing belts to consider paying $2k service for a $6-7k car.
Nope
I’ve had water pumps go after 50k on some cars and never go on others. When they go I replace them. Sure, it could happen at an inopportune time but again, I’ll take that risk.
My current Lexus is 22yrs old and has 166k miles on the original timing belt and water pump.
If you are replacing a timing belt, you’d be crazy not to do the water pump at the same time.
Also, I’ve seen 200k timing belts that appeared to have no visible wear that I could detect by eye.
Supposedly C8 Corvettes have dropped to MSRP as of this month
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I can confirm that without question, used car prices are dropping. Cars are sitting on the market longer, dealers are more willing to negotiate, and buyer pools are decreasing compared to just 6mo ago.
We haven’t even scratched the surface of the repos coming in CY23 from the volume of people who took out big loans over the last two years at near 0 prime rate who are now underwater.
Also, the chip industry is catching up to the shortage that existed in the pandemic which is further flooding the market.
2023 will be a great time to buy a used car.