Dang, asking for opinions really drives up the number of replies (big shocker). I wonder if this was a genuine post or a plant?
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Well said! Me personally I don’t know even if I had millions that I would want to take the dealership hit on a 100k vehicle over a hard on for some bbs 5 spokes “heritage”Take the 90 grand, throw it some ARK funds, some crytpo, and a total market fund. Wait 2-3 years, then go buy that '21 with the free money instead after a soccer mom eats the depreciation and never takes it off the pavement.
PSA: Most people who say they can afford 90-100k on a vehicle have a very different definition of "afford". Personally, Unless I have multiple millions at my disposal, the opportunity cost is just too high to justify it. The lack of real retirement savings in this country is going to be a nuclear bomb for the economy soon, and I predict for the middle class, it will come back to ridiculous vehicle purchases. Just my useless .02 that no one was asking for though.
I wouldn't hold your breath there, it sounds like all allocations have been made at this point, so you may need to just start calling dealers until you find one.I'm not optimistic about a "fair deal" with how few there are around here. But we'll see.
Probably on the same boat as mine!I just got the call from the dealer that mine has been unloaded off the boat, and should be arriving in the next 14 days. WOOWOO
Just got an update that they're expecting it to arrive on 4/9!Probably on the same boat as mine!
Probably a good situation to be in since I can afford it but still a hard choice. I have a well maintained 2003 LC with 220K miles and zero rust. I'm the original owner. It has Slee step sliders, Bora spacers. It's my daily driver and I still love driving it.
So now that Toyota will no longer sell LC's in the US after 2021 and stock is dwindling I'm thinking I should jump on a new one while I can. Probably go for a Heritage Edition if I can find one to have a 5-seat model. Any fender bender would probably total my 100 and I would not be able to get a new one at that time. And sorry if I offend anyone, but I find the Lexus grill one of the ugliest things I have ever seen on a large vehicle so I would not be getting one of those.
I have driven a friends 2018 LC so I know how they drive and I doubt the 2021 is really any different. They aren't sold in my area so I need to go a couple hours away (Sacramento) to test drive one.
If I got a new one, I would likely keep the 100 and start building it more for off-roading.
Opinions? What are others doing with this situation?
Thanks,
Chris
Take the 90 grand, throw it at some ARK funds, some crytpo, and a total market fund. Wait 2-3 years, then go buy that '21 with the free money instead after a soccer mom eats the depreciation and never takes it off the pavement.
PSA: Most people who say they can afford 90-100k on a vehicle have a very different definition of "afford". Personally, Unless I have multiple millions at my disposal, the opportunity cost is just too high to justify it. The lack of real retirement savings in this country is going to be a nuclear bomb for the economy soon, and I predict for the middle class, it will come back to ridiculous vehicle purchases. Just my useless .02 that no one was asking for though.
Congrats! Picking it up in ME or TX? If you don't mind me asking, what's the SWH stand for?Just got an update that they're expecting it to arrive on 4/9!
Congrats! Picking it up in ME or TX? If you don't mind me asking, what's the SWH stand for?
I test drove the 2016 they have at Downeast Toyota in Brewer ME this past weekend. I do love the 200's but don't want to give up the 100 and the wife won't let me sell the spare vehicle to fund it. And having 4 vehicles between two drivers probably isn't the best idea.
I agree with the first paragraph entirely.It took me until my 30's (now in my 40's) to understand this. The definition of "afford" varies greatly between different people. Most of our friends in similar income brackets live a much fancier life than my wife and I when you compare houses and vehicles. What you can't compare (as they are not visible) are the savings / retirement / emergency fund accounts. We asked the FA for advice on purchasing a piece of land last year. His comment was "that's the same price as a new Corvette, buy the land". That being said, there will be a time in my life that I will be able to justify $80k vehicles, it just isn't right now.
And having 4 vehicles between two drivers probably isn't the best idea.