Leaving the Lexus brand (for now)

Tonyw · February 15

Well after 3 years (8 months in this one) I am dropping out of the ES ownership lottery

to be fair, where I live and where I go I wasn’t too worried about the theft issues, and I do love driving my armchair, my biggest concern was the amount of depreciation, being negative equity in a years time and soaring insurance.

As mentioned in other posts, my first car lost almost nothing in two years, this one has (according to my dealers offer) lost over £10k in 8 months, they initially offered me less than the PCP balance.

I have secured a 3 yr old 10k mikes Mazda CX30 gt tech sport, with the quicker X engine, 4wd and every extra possible including the soul red paint for £18.5k from my local Mazda dealer, elderly lady owned who just swapped it for a new one. The only thing I am going to miss is the remote starting in the winter.

Even better news, I just sold my ES to a some supermarket dealer in Wales on Motorways for £30K, a full £5k more than Lexus offered.

Will probably keep the Mazda a few years and see what happens, but for now at least I have £400 a year insurance and a car that has already had its biggest depreciation hit. Plus a few thousand back in my pocket.

i will stay on here just to follow the updates