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 whe I go to trade next year my car will be worth 4-6 less, the tax will be 400 more for any buyer this 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 acctative 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???
Lexus have just jacked up the prices on IS220d. I think it's very sharp practice.
The rest of your idea is a sound one, but remember your Lexus trade in price won't be as good as it was, and the costs of the two transactions will be high.
I'd try and sell your own car now privately, then import a used RX8.
There was an article in either the Indo or Times today that quoted a Car importer as saying that Diesel cars have been subsidised by the importers in Ireland for years to try and make them more appealing to buyers.
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