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Still too low. You want it lower, but it’s worth that or more.
Keeping a vehicle forever runs into the old age problem when cost per year to repair it goes way up. This will be even worse for today's vehicles because you get bent over a grands worth for a ten dollar electronic module. Cost per year to operate follows a U-shaped curve. Early on, depreciation dominates. Late in life, repair costs start rising. In between there is a sweet spot. It used to be the three to seven year period with average mileage, but I suspect it might be longer today since cars are so much better. It's an easy thing to check, and you do have to check, because the curve moves around with the market. I always buy new because I can afford it, because pickups around here depreciate relatively slowly compared to cars, and because I lower my chances of getting a lemon that's being dumped.
Couldn’t have said it better myself. Lexus is a joke, it’s a brand made up to sell overpriced Toyotas by adding more fake plastic wood trim. The fact that they’re using a touch pad instead of a touch screen is comical at this point.
