Questions re: an LX I'm thinking about buying

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Once you own it and if you live in the rust belt, you can keep it as rust free as possible by washing often in the winter and cleaning up the bottom every spring and fall. I owned 3 100 series cruisers when I lived in KC, it took sometime and attention to detail but none of my 100's ever had anything but mild surface rust, which I resolved quickly.
 
True, but if in 7 years I can sell this car for $10, it will have cost me about $200 per month to own. Relative to the overall depreciation of the vehicle, it's a fraction of what a new one would cost and certainly less than what a 2008 or 2009 would cost to own.

Yep. I get that 28k is more than 10k, but that's not the relevant comparison, as you correctly point out.. The relevant comparison is the cost of a new LC, which is in the 80k range. Bottom line, you avoided quite a bit of depreciation from original cost.
 
True, but if in 7 years I can sell this car for $10, it will have cost me about $200 per month to own. Relative to the overall depreciation of the vehicle, it's a fraction of what a new one would cost and certainly less than what a 2008 or 2009 would cost to own.
Sure. I'd argue that's not a good analysis of the depreciation curve, and probably not much more to own that an 08/09, but it's moot at this point. Series 100's are great, so good luck with the vehicle! :)

Yep. I get that 28k is more than 10k, but that's not the relevant comparison, as you correctly point out.. The relevant comparison is the cost of a new LC, which is in the 80k range.
That makes no sense.
 
Sure. I'd argue that's not a good analysis of the depreciation curve, and probably not much more to own that an 08/09, but it's moot at this point. Series 100's are great, so good luck with the vehicle! :)

It may not be much more per month to own a 200-series, but from my perspective, the bigger difference was the extra $10-12k up front. At the end of the day, there's just a limit to how big of a check I feel comfortable writing for a vehicle. I could walk into a dealership today and pay cash for a '14, but I never would (and if I did, my wife would kill me :D).

I've got a kid on the way, a house to pay off, vacations to pay for, etc. While, the monthly depreciation isn't a huge increase to go to a 200, I wasn't willing to write a check for $38-40k, which is what an equivalent 200-series would cost in my area at least.

Anyways, brought it home today. First thing to go will be the running boards. Then I'm going to put some 33" AT's on it. Here are some pics:

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Nice buy. LX's still command dollars in Texas, and I don't see many in the higher end dealer inventory often. Beats paying $40k for an entry level luxury sedan.

I was going to ask if you were in Texas by the looks of your house, but I see your name now.
 
In Feb, I paid $32,000 for a 07 Land Cruiser with the AHC option and rear spoiler ; )

It had 72,000 then and is immaculate. Did have front bumper paint work, but was done well and to my liking.

There's plenty of rigs out there, IMO.
 
It may not be much more per month to own a 200-series, but from my perspective, the bigger difference was the extra $10-12k up front. At the end of the day, there's just a limit to how big of a check I feel comfortable writing for a vehicle. I could walk into a dealership today and pay cash for a '14, but I never would (and if I did, my wife would kill me :D).

I've got a kid on the way, a house to pay off, vacations to pay for, etc. While, the monthly depreciation isn't a huge increase to go to a 200, I wasn't willing to write a check for $38-40k, which is what an equivalent 200-series would cost in my area at least.

Anyways, brought it home today. First thing to go will be the running boards. Then I'm going to put some 33" AT's on it. Here are some pics:

jpIGg6Wl.jpg

hzWgUlal.jpg

yx9NGiXl.jpg

nufyAOUl.jpg

6Ef10iml.jpg

1fi0c7Dl.jpg


Beautiful rig!
 
Great looking truck and perfect platform to start from. Did you get it at Sewell? They have one similar (if not yours) that I've been eyeing for a while.
 
I bought the other LX from the other dealership. Just met the guy halfway down to Houston to pick it up on trade for my LS 460. I had them do the complete 90,000 mile service, and repack the front wheel bearings. This truck looks damn near brand-new. My wife has a 2007 LX 470, so we are a two LX family. I love these things, and I absolutely hate the new body style.

Seeing folks with 300,000 miles on their hundred series gives me great pleasure. I think I found the truck to last me for quite some time. I drive about 25 to 30,000 miles a year, and Holla boat, and take this to the deer lease quite a bit. Looking forward to years of use… And a little bit of abuse.
 
Park Place. I actually went over to look at the one at Sewell on Thursday at lunch (almost identical specs), and they had sold it that morning. It still shows up on Autotrader, but as far as I know, it's gone. They've got somebody coming up from Houston for it.
 
That makes no sense.

When people make cost comparisons, they tend to confuse the costs that are relevant/not relevant. My point was that that it wasn't relevant to compare the 28k to the 10k he might have been able to purchase another LC with and just say, I'm out 18k more because I wanted a vehicle. Time, wear, and condition of the vehicle are very relevant to the decision. At least IMO. If he owns it a least five years, he's spending 3k more annually for a vehicle in better condition than what he might find in a 10k vehicle. If he drives in 10 years, that number is 1500. Me personally, I go cheap, but I still end up spending money on repairs, so I doubt that I save much money.

The boy made up his mind he was buying an LC/LX. So that ship sailed. So he's AT LEAST out the 10k. The entire proposition here is to buy a vehicle that costs 80k+ for a price that allows him to achieve some value. So while the 28k is more expensive, if he drives it a reasonable amount of time, it becomes scarcely incremental when compared to the fact the vehicle cost 80k. I'm just saying the comparison is 28/80k versus 10/80. And his decision is a function of the value he places on the good condition of the vehicle that's 28k.

The right decision is a function of value to the buyer, not whether I think he should go cheap.

Though I think we all agree that the vehicle easily goes to 200k and that's the whole point:)
 
Finally put a set of 275/70r18 Cooper AT3s and pulled off the running boards. The first shot is with the AHC is normal and the next 2 are with the AHC in high.

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I'm really pleased with how it looks. For those of you that have pulled the running boards on an LX, what did you do with the electrical harnesses for the floorboard lights?

It's taken so long to do this because the truck has been at the lexus dealer for the last 3 weeks. Long story short, the secondary air induction system pump failed with code p2445 within 2 weeks of picking up the truck and after putting less than 200 miles on it.

I took it over to the dealership to get it checked to confirm what my code reader said and to make sure they hadn't left a hose disconnected or something when they did the 90k mile service. They told me it was $3300 to replace the system.

The service mgr went to bat for me (he thought they should just fix it for me) but ultimately the dealer said they weren't going to cover it. I got Lexus involved and after a couple of weeks and some arm twisting, the dealer offered to cover 1/3 the cost. I said thanks, but no thanks.

It looks to me like I can pick up the pump and 3 valves the dealer wanted to replace for about $800. And it doesn't look like it's more than about 5-6 hours of labor to get it done. It's more than I'm going to do myself but I may end up taking it over to an independent shop in the area that I've heard good things about.

However, before I decide if I'm going to drop $1300+ to fix it, I ordered one of the bypass kits for the 4.7L. I got the module plug installed yesterday. So far, so good. The only hitch is that I haven't been able to get the block off plates installed. They're just a bitch to get to on the rear of the manifold and I can't quite get enough leverage to loosen the bolts and slide the plates in. If any of you guys have installed one of these, I'd welcome some tips. I may end up taking it over to that shop and see if they can get them in.

I've got to say that my bluetooth code reader and the Torque Pro app have paid for themselves a couple of times over at this point.
 
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