Recent budget changes have made this a car that could be worth buying. I currently drive a IS220D and from my understanding a new model is going to drecrease in July by approx 4-6K . The tax is going to fall from 825 to 430 on new models.
Thus when I go to trade next year my car will be worth 4-6 less, the tax will be 400 more for any buyer thus making the resale value less.
The RX8 on the other hand is going to increase in value by 2-3K and the tax is going to jump from 520 to 2000 per year. Thus making a second hand model very attractive after july 2008.
I am thinking about trading the lexus against an rx8 and then in jan 09 buying back into lexus at a cheaper price?
Is this plan flawed.
I am getting an insurance quote for 290 for the Mazda with eagle star with 375 excess which seems very low?
Is this a god/bad plan???
Thus when I go to trade next year my car will be worth 4-6 less, the tax will be 400 more for any buyer thus making the resale value less.
The RX8 on the other hand is going to increase in value by 2-3K and the tax is going to jump from 520 to 2000 per year. Thus making a second hand model very attractive after july 2008.
I am thinking about trading the lexus against an rx8 and then in jan 09 buying back into lexus at a cheaper price?
Is this plan flawed.
I am getting an insurance quote for 290 for the Mazda with eagle star with 375 excess which seems very low?
Is this a god/bad plan???