I bought my '18 Camry for $20,000 3 years ago. Its got 50,000 miles on it now and its trade in value at the dealership and via car vendors is $21,000-ish. Thats more than I paid for it. Good deal for me if i had something cheap to replace it!
I want to buy a used ES350 from the mid-teens with comparable milage or slightly more (its a Lexus! It won't die). These are all going for $23,000-$26,000 give or take a grand depending on model year. Thats inflated by several thousand dollars though right? I wasn't looking at these cars 3 years ago so I have no idea.
However, given that my car is being over valued then paying more for the ES350 ends up being a wash right? Which price is going to fall harder in a year from now?
My trade in value or the used car price? If they both fall by the same then it doesn't matter when I upgrade my newer camry for a nicer older es350? Or if the used market tanks hard but my car value tanks harder then i'll get a worse deal later.
probably a wash, sounds like you really want the 350
life is but a whisper and i would go for it