Hi everyone,
Although I owned an E-tron, I am back in a gas powered car for now (Lexus RCF) and am considering trading it in for a used LX570. Recently I started looking into getting a used MX in the same price range (70-80K) and would like your honest opinions about future values. If keeping the car for 5 years, do you think a car like the LX will still be in demand at that point, meaning, retain some of its value? It seems that website such as car edge and others predict that it will keep value quite well (almost as well as the X) but ignore the elephant in the room - the overall future of gas powered vehicles and their inevitable decline. Since all I can afford would probably be a 'lowly' 75D which has a limited battery, do you project that it would also suffer from serious depreciation due to range limitation and/or older battery technology? I would appreciate some feedback. Thank you in advance
Although I owned an E-tron, I am back in a gas powered car for now (Lexus RCF) and am considering trading it in for a used LX570. Recently I started looking into getting a used MX in the same price range (70-80K) and would like your honest opinions about future values. If keeping the car for 5 years, do you think a car like the LX will still be in demand at that point, meaning, retain some of its value? It seems that website such as car edge and others predict that it will keep value quite well (almost as well as the X) but ignore the elephant in the room - the overall future of gas powered vehicles and their inevitable decline. Since all I can afford would probably be a 'lowly' 75D which has a limited battery, do you project that it would also suffer from serious depreciation due to range limitation and/or older battery technology? I would appreciate some feedback. Thank you in advance