Get rid or keep?

Author
Discussion

bluezedd

1,008 posts

82 months

Tuesday 15th September 2020
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On a £15k car I'd definitely cut my losses for the £1k and get rid. On a £2k car, I wouldn't.

Mr Tidy

22,359 posts

127 months

Tuesday 15th September 2020
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As painful as it may seem if I hated a car within one week I'd take the hit.

Seems like a much better option than hating it for 25K miles a year and having to shift it at a later date, probably taking a much bigger hit!

Fittster

20,120 posts

213 months

Tuesday 15th September 2020
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The dealer isn't giving you a bad deal. Chalk off the grand and move on.

B'stard Child

28,418 posts

246 months

Wednesday 16th September 2020
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1K to get out of a car you don't like - bargain cost me 3K after 6 mths to get out of a car Mrs BC didn't like!!!

annoyingly I really liked it but maybe it was a little too different

lord trumpton

7,404 posts

126 months

Wednesday 16th September 2020
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OP this can be the case sometimes and you've just got to take to loss and move on.

Obviously £1k is a fair hit to most people but in all honesty its worth forgoing and resentment will only grow further into ownership along with the financial loss to boot.

Cut it loose and move on

biggbn

23,386 posts

220 months

Wednesday 16th September 2020
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Sheepshanks said:
Mate of mine, who isn't really a car person, got an RX450h on lease. He uses it like you do - quite a few miles and often long motorway trips.

I don't think it occured to him the hybrid doesn't help on those trips and fueling a 3.5 litre petrol V6 in a chunky body is never going to produce decent MPG. He came out of a 520d BMW - he knew the MPG would be worse, but he didn't realise it would be as bad as it is.
My mate has one, over 300hp, sixty in about 7 seconds and its the size of a bus. Gets 36mpg average. Pretty good for a big petrol bus i thought?

Jamescrs

4,483 posts

65 months

Wednesday 16th September 2020
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Sounds like you should get rid and go and buy the 3 series if that's the car you really want.

I bought a Volvo V60 thinking I was buying a sensible car and I regretted it after the first few weeks, I stuck with it for about 18 months and ended up losing about £3k on it. Hated the car every time something went wrong with it, which it did quite a lot in 18 months. Sold it to a car buying company.

I'm back in a much less practical car now but I'm happy.

skyline501

214 posts

186 months

Wednesday 16th September 2020
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AlphaRomeo said:
I recently bought a Lexus IS300h Executive Edition (~£15k with extended warranty and service plan).

The CVT is annoying, the car feels like it has half the horsepower it actually does and the lack of response at roundabout etc takes some getting used to.

I agree, the CVT is rather 'marmite' but the instant torque (especially in sport mode) makes it very quick off the line. You will get a delay in ECO mode though.
I've had mine for 2 years now and still love it.

Pommy

14,259 posts

216 months

Wednesday 16th September 2020
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£1k? Holy st bite his hand off and run.

You basically rented it for £150 a day and learnt a good lesson hopefully never to be repeated

Google sunk cost fallacy

Sheepshanks

32,788 posts

119 months

Wednesday 16th September 2020
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biggbn said:
My mate has one, over 300hp, sixty in about 7 seconds and its the size of a bus. Gets 36mpg average. Pretty good for a big petrol bus i thought?
I guess the crucial thing is what does does his 'average' use comprise of?

Mate was thinking same - mid 30's - but didn't allow for getting mid 20's on motorway trips. He'd be doing 90 wherever possible though, so that won't be helping.

MJ85

1,849 posts

174 months

Wednesday 16th September 2020
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I’m going to go against the grain and say keep it. Enjoy the hassle free motoring from a modern Lexus; use it for a couple of years. I’m sure it’ll only suffer modest depreciation, especially compared to German diesels. Then get something you really want.

Casa1862

1,073 posts

165 months

Wednesday 16th September 2020
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Sheepshanks said:
I guess the crucial thing is what does does his 'average' use comprise of?

Mate was thinking same - mid 30's - but didn't allow for getting mid 20's on motorway trips. He'd be doing 90 wherever possible though, so that won't be helping.
It’s the size of a RR, XC 90, etc, I’m sure they don’t do any better.

Casa1862

1,073 posts

165 months

Wednesday 16th September 2020
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OP, what are expecting from it? It’s no sports car but very capable, my wife has one and it’s our car of choice when comfort is the priority, we’ve had 320d and it replaced a 530i which was just too big and poor ride quality. The Lexus is so smooth and certainly not slow, yes the eCVT does have a slight delay sometimes, but only when flooring it, using sport mode eliminates that for me, it’s actually reasonably quick off the mark as the battery and engine combine.

The running cost, reliability and general fit and finish is excellent, 99% of the time it’s ideal and the cvt not a problem, it’s gets a lot of unfair criticism from people who have spent 5 minutes with it, day to day it’s a great car, give it a chance.

jamoor

14,506 posts

215 months

Wednesday 16th September 2020
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Sheepshanks said:
Mate of mine, who isn't really a car person, got an RX450h on lease. He uses it like you do - quite a few miles and often long motorway trips.

I don't think it occured to him the hybrid doesn't help on those trips and fueling a 3.5 litre petrol V6 in a chunky body is never going to produce decent MPG. He came out of a 520d BMW - he knew the MPG would be worse, but he didn't realise it would be as bad as it is.
I’ve driven an rx450h 06 model.

The cvt is actually very good and seems to work extremely well.
Mpg isn’t the best but then money you spend in fuel you save in silly repairs and down time in a German car.

snotrag

14,463 posts

211 months

Wednesday 16th September 2020
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For 25k miles a year up and down the motorway a modern diesel is impossible to beat.

Find a BMW or Merc diesel.

jamoor

14,506 posts

215 months

Wednesday 16th September 2020
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snotrag said:
For 25k miles a year up and down the motorway a modern diesel is impossible to beat.

Find a BMW or Merc diesel.
I’d say a hybrid is better as the battery power provides assistance at overtaking etc

biggbn

23,386 posts

220 months

Wednesday 16th September 2020
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Sheepshanks said:
biggbn said:
My mate has one, over 300hp, sixty in about 7 seconds and its the size of a bus. Gets 36mpg average. Pretty good for a big petrol bus i thought?
I guess the crucial thing is what does does his 'average' use comprise of?

Mate was thinking same - mid 30's - but didn't allow for getting mid 20's on motorway trips. He'd be doing 90 wherever possible though, so that won't be helping.
70/30 mways to town

snotrag

14,463 posts

211 months

Wednesday 16th September 2020
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jamoor said:
snotrag said:
For 25k miles a year up and down the motorway a modern diesel is impossible to beat.

Find a BMW or Merc diesel.
I’d say a hybrid is better as the battery power provides assistance at overtaking etc
I spent a long time in a previous job developing vehicles and comparing efficiencies between Diesels and Hybrids of various format.


For town use, varying speed, stop/start, Hybrid is great (thougth doesnt make anywhere near as much sense as full electric).

At 25k miles a year - the majority of the miles are spent at cruise on a motorway.

You are dragging round batterie/capacitors/motors that you do no need. Its less efficient.

A modern diesel engine, despite not being 'trendy', is very efficient in this usage.

AlmostUseful

3,282 posts

200 months

Wednesday 16th September 2020
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I took a £4k loss on a 335D over 5 months, that was having put 10k miles on it but it just wasn’t the right car for my life, if I’d have bought an estate things might have been different - swapped for an E220cdi wagon that I love and still have 19 months later.

If you’re unsure but think you want a bmw, I’d get on the AUC site and find what you can get for £14k, you’ll get the first years warranty included and be fine, then you can extent after the first year. If it’s a 25k mike per year car a 320D auto will be perfect, and if you can stretch to a 330D you’ll love it. Don’t worry about mileage (I.e trying to find a low one) because it’s warrantied anyway.

BrettMRC

4,094 posts

160 months

Wednesday 16th September 2020
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I think you either gel with the CVT or you don't no middle ground.

It defintely feels better on the bigger engined versions.

Is there a GS in stock with the 450 lump that you could take as a swap?