# Lexus IS-F **URL:** \ **Category:** NYSpeed Automotive\ **Created:** [October 27, 2008, 7:30pm UTC](https://forums.speedlife.net/t/lexus-is-f/57190 "2008-10-27T19:30:55Z")\ **Posts on this page:** 20\ **Page:** 5
**Author:** ![IanK](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/iank/32/5016_2.png) [@IanK](https://forums.speedlife.net/u/IanK)\ **Post date:** [October 29, 2008, 7:35am UTC](https://forums.speedlife.net/t/lexus-is-f/57190/81 "2008-10-29T07:35:12Z")
> [@newman](#): > > IDK about that, maybe the “+” part, but i have done 60 months on every car i have ever owned, usually with very little down, and i have NEVER been upside down. > > 2004 STI, New, 60 months @ 4%, taxes down, sold after 2 years, w/ heavy damage, i was up $3000 > 2006 STI, New, 60 months @ 4%, taxes+$2000 down, I think i can probably get 22-23000 for it, i owe 15,000 > 2005 Elise, Used, 60 months @ 5.5%, $8000 down, Sold for $28k, owed $18… > > Now if you finance something like a cobalt for anything more than 2 years, you’re probably upsidedown for life on that one. Now isn’t that based on the fact that you didn’t own the vehicles for the full 60 months ? Id have to assume after 60 moths even at 4% at the end you would still be paying quite a bit more than you should. the way I see it, your way seems to be the only smart way to finance for that long. If you bought a car and paid it of for 5 years 1. you would have paid way over sticker in interest and 2. (depending on what it is) its probably wont be worth dick and you loose, correct me if Im wrong. 🙂 ---
**Author:** ![walter](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/walter/32/7202_2.png) [@walter](https://forums.speedlife.net/u/walter)\ **Post date:** [October 29, 2008, 7:37am UTC](https://forums.speedlife.net/t/lexus-is-f/57190/82 "2008-10-29T07:37:08Z")
> [@newman](#): > > I don’t disagree with anything you’re saying. In fact, whenever i look at my amort sched, it always makes me sick… > > But the american economy runs on NOW. > > or it did… Who am I to talk with the way my 401(k) looks right now :fail: ---
**Author:** ![IanK](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/iank/32/5016_2.png) [@IanK](https://forums.speedlife.net/u/IanK)\ **Post date:** [October 29, 2008, 7:40am UTC](https://forums.speedlife.net/t/lexus-is-f/57190/83 "2008-10-29T07:40:16Z")
> [@walter](#): > > Who am I to talk with the way my 401(k) looks right now :fail: I sure your not alone :meh: ---
**Author:** ![newman](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/newman/32/7569_2.png) [@newman](https://forums.speedlife.net/u/newman)\ **Post date:** [October 29, 2008, 8:10am UTC](https://forums.speedlife.net/t/lexus-is-f/57190/84 "2008-10-29T08:10:31Z")
> [@walter](#): > > Who am I to talk with the way my 401(k) looks right now :fail: I should have stuffed the mattress… > [@IanK](#): > > Now isn’t that based on the fact that you didn’t own the vehicles for the full 60 months ? Id have to assume after 60 moths even at 4% at the end you would still be paying quite a bit more than you should. the way I see it, your way seems to be the only smart way to finance for that long. If you bought a car and paid it of for 5 years 1. you would have paid way over sticker in interest and 2. (depending on what it is) its probably wont be worth dick and you loose, correct me if Im wrong. 🙂 Eh, not really, because if you look at the amortization of the loan, about 1/4 of the payments in the beginning of the loan go toward interest. The longer you keep it, the better… ---
**Author:** ![nelstoys](https://avatars.discourse-cdn.com/v4/letter/n/48db29/32.png) [@nelstoys](https://forums.speedlife.net/u/nelstoys)\ **Post date:** [October 29, 2008, 8:17am UTC](https://forums.speedlife.net/t/lexus-is-f/57190/85 "2008-10-29T08:17:26Z")
This car is awsome! If i didnt get my challenger i would have bought the black one sitting on the grass in front of the dealer. ---
**Author:** ![ryanmcell](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ryanmcell/32/7510_2.png) [@ryanmcell](https://forums.speedlife.net/u/ryanmcell)\ **Post date:** [October 29, 2008, 10:25am UTC](https://forums.speedlife.net/t/lexus-is-f/57190/86 "2008-10-29T10:25:49Z")
> [@walter](#): > > That doesn’t even make sense. Even at 2.9% for 72 months, a 45k loan would be over $750. Lets not even get in to how stupid financing a car for 5+ years is, or how stupid buying a $45k car when you “make” $60k/yr is. > > Enjoy being upside down. > > Finances ain’t shit. > > That said, having never driven one… the F seems like it would make a good DD for someone that didn’t care about gas mileage. If you drove any appreciable number of miles, I think I’d opt for something else, it seems like there are plenty of other options that fit your criteria and the -F doesn’t seem to make a whole ton of sense. :shrug: Beck did say his work was going to be paying for about 475 of his payment, so that would put him right around $500/mo with insurance. So as long as he didn’t lose that job, that’s essentially getting 50% of the vehicle paid for so very doubtful to go upside down on it. ---
**Author:** ![walter](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/walter/32/7202_2.png) [@walter](https://forums.speedlife.net/u/walter)\ **Post date:** [October 29, 2008, 10:27am UTC](https://forums.speedlife.net/t/lexus-is-f/57190/87 "2008-10-29T10:27:15Z")
> [@ryanmcell](#): > > Beck did say his work was going to be paying for about 475 of his payment, so that would put him right around $500/mo with insurance. So as long as he didn’t lose that job, that’s essentially getting 50% of the vehicle paid for so very doubtful to go upside down on it. What does work paying for a portion of the payment have to do with anything? ---
**Author:** ![ryanmcell](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ryanmcell/32/7510_2.png) [@ryanmcell](https://forums.speedlife.net/u/ryanmcell)\ **Post date:** [October 29, 2008, 10:46am UTC](https://forums.speedlife.net/t/lexus-is-f/57190/88 "2008-10-29T10:46:09Z")
> [@walter](#): > > **That doesn’t even make sense. Even at 2.9% for 72 months, a 45k loan would be over $750. Lets not even get in to how stupid financing a car for 5+ years is, or how stupid buying a $45k car when you “make” $60k/yr is.** > > **Enjoy being upside down.** > [@walter](#): > > What does work paying for a portion of the payment have to do with anything? Getting upside down on it will be harder is all I was saying. If you look at it the way he is, a 50k car payment is really a 25k car payment when it comes down to his own money. When he turns around to sell it after 2 years how much has he paid in personal finances about 10k, thus making it easier to make money when he sells it rather than owe. (This is all if the IS-F has a decent resale value, obviously if in 2 years the IS-F tanks it’s a different story) ---
**Author:** ![Beck](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/beck/32/28683_2.png) [@Beck](https://forums.speedlife.net/u/Beck)\ **Post date:** [October 29, 2008, 10:48am UTC](https://forums.speedlife.net/t/lexus-is-f/57190/89 "2008-10-29T10:48:59Z")
> [@walter](#): > > That doesn’t even make sense. Even at 2.9% for 72 months, a 45k loan would be over $750. Lets not even get in to how stupid financing a car for 5+ years is, or how stupid buying a $45k car when you “make” $60k/yr is. > > Enjoy being upside down. > > Finances ain’t shit. > > That said, having never driven one… the F seems like it would make a good DD for someone that didn’t care about gas mileage. If you drove any appreciable number of miles, I think I’d opt for something else, it seems like there are plenty of other options that fit your criteria and the -F doesn’t seem to make a whole ton of sense. :shrug: Thanks for teaching me about financing and automobile loans. I’ve actually never had a clue what I’m doing at work and just hit numbers on a key board and hope everything works out. :uhh: You’re taking into account that I’m financing $45k. Now you’re just assuming. Total amount I’d finance on a $45,000 car after Tax, title, license, trade in, payoff, and money down…will be just over $26,000. I’m not just blindly buying a $45,000 car with no money down or equity in my trades. I do this everyday for other people, ten times a day. @ 3.9% x 60 months i’m ~$479/month @ 2.9% x 48 months i’m ~$580/month Is it stupid to finance $26k if you make $60k? Not to mention, I’ll have it paid off within 18 - 24 months. \<333 ---
**Author:** ![MPD47](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/mpd47/32/7383_2.png) [@MPD47](https://forums.speedlife.net/u/MPD47)\ **Post date:** [October 29, 2008, 10:49am UTC](https://forums.speedlife.net/t/lexus-is-f/57190/90 "2008-10-29T10:49:10Z")
Now just think Ryan, if you’d bought VW stock instead of a VW you could be driving another M3. 😉 ---
**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\ **Post date:** [October 29, 2008, 10:49am UTC](https://forums.speedlife.net/t/lexus-is-f/57190/91 "2008-10-29T10:49:29Z")
IS-F hasn’t already tanked? ---
**Author:** ![Beck](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/beck/32/28683_2.png) [@Beck](https://forums.speedlife.net/u/Beck)\ **Post date:** [October 29, 2008, 10:54am UTC](https://forums.speedlife.net/t/lexus-is-f/57190/92 "2008-10-29T10:54:38Z")
> [@IanK](#): > > Now isn’t that based on the fact that you didn’t own the vehicles for the full 60 months ? Id have to assume after 60 moths even at 4% at the end you would still be paying quite a bit more than you should. the way I see it, your way seems to be the only smart way to finance for that long. If you bought a car and paid it of for 5 years 1. you would have paid way over sticker in interest and 2. (depending on what it is) its probably wont be worth dick and you loose, correct me if Im wrong. 🙂 On front heavy amortized loans, like mortgage’s and auto loans…the first half of the loan is packed full with interest with a small amount of your payment going to the actual principle. Doing bi-weekly half payments can reduce the amount of “effective interest” you actually pay, and it will shorten the term. However on loans with incentives (0%, 1.9%, 2.9% etc etc) it isn’t very benficial. ---
**Author:** ![Beck](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/beck/32/28683_2.png) [@Beck](https://forums.speedlife.net/u/Beck)\ **Post date:** [October 29, 2008, 11:00am UTC](https://forums.speedlife.net/t/lexus-is-f/57190/93 "2008-10-29T11:00:00Z")
> [@boardjnky4](#): > > IS-F hasn’t already tanked? Meh, maybe somewhat compared to other Lexus’ or Toyota’s? Even trucks and suv’s that tanked 90 days ago, are starting to come back up and stabilize. The stuff that killed dealers were hybrids. Used Prius’ w/ 15k on them were going for thousands more than they were new. However, once the truck market stabilized and people got used to $4/gallon. They crashed heavily. ---
**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\ **Post date:** [October 29, 2008, 11:04am UTC](https://forums.speedlife.net/t/lexus-is-f/57190/94 "2008-10-29T11:04:53Z")
I just don’t really think the IS-F has proved that is can compete with its so-called “competitors” and thus resale on it will not be as high as it otherwise might be. Other than being faster than the IS250/350, what are the differences? ---
**Author:** ![Beck](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/beck/32/28683_2.png) [@Beck](https://forums.speedlife.net/u/Beck)\ **Post date:** [October 29, 2008, 11:09am UTC](https://forums.speedlife.net/t/lexus-is-f/57190/95 "2008-10-29T11:09:20Z")
> [@boardjnky4](#): > > I just don’t really think the IS-F has proved that is can compete with its so-called “competitors” and thus resale on it will not be as high as it otherwise might be. > > Other than being faster than the IS250/350, what are the differences? I’m not looking for a track whore. Differences? Thats like trying to justify the difference’s between an STI and a WRX. 8 speed auto, v8, brembos, exterior, interior, drive train, twice as much hp etc etc. :mamoru: ---
**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\ **Post date:** [October 29, 2008, 11:28am UTC](https://forums.speedlife.net/t/lexus-is-f/57190/96 "2008-10-29T11:28:55Z")
sooo, you said you don’t want a fast car, but you are going to buy the fast version of this car? I confused. Usually people buy the STi over the wrx because it performs better… ---
**Author:** ![Beck](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/beck/32/28683_2.png) [@Beck](https://forums.speedlife.net/u/Beck)\ **Post date:** [October 29, 2008, 11:30am UTC](https://forums.speedlife.net/t/lexus-is-f/57190/97 "2008-10-29T11:30:14Z")
> [@boardjnky4](#): > > sooo, you said you don’t want a fast car, but you are going to buy the fast version of this car? > > I confused. Usually people buy the STi over the wrx because it performs better… no i want a fast dd. i want a luxury car. i want a toyota. it makes perfect sense. i don’t care about how well it tracks or preforms against other cars. ---
**Author:** ![MOBOOST4U](https://avatars.discourse-cdn.com/v4/letter/m/f4b2a3/32.png) [@MOBOOST4U](https://forums.speedlife.net/u/MOBOOST4U)\ **Post date:** [October 29, 2008, 12:21pm UTC](https://forums.speedlife.net/t/lexus-is-f/57190/98 "2008-10-29T12:21:24Z")
> [@Beck](#): > > no i want a fast dd. i want a luxury car. i want a toyota. it makes perfect sense. > > i don’t care about how well it tracks or preforms against other cars. You should know by now how people on here can only look at things one way. I dont see what the problem is here that he wants this car. Has anyone actually read/watched reviews on this thing. IT IS FAST, IT IS LUXURIOUS, IT IS SPORTY, IT IS AS PIEEIMP AS HEAALL… What 22 year old wouldn’t want one of these if it was in his means (which he says it is) Im with ya on this one Beck… Toyota \> Any other make… the fact that they are making huge power in luxury form too, is just one more reason to buy if you got it in your pocketbook. ---
**Author:** ![Beck](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/beck/32/28683_2.png) [@Beck](https://forums.speedlife.net/u/Beck)\ **Post date:** [October 29, 2008, 12:32pm UTC](https://forums.speedlife.net/t/lexus-is-f/57190/99 "2008-10-29T12:32:22Z")
> [@MOBOOST4U](#): > > You should know by now how people on here can only look at things one way. > > I dont see what the problem is here that he wants this car. Has anyone actually read/watched reviews on this thing. IT IS FAST, IT IS LUXURIOUS, IT IS SPORTY, IT IS AS PIEEIMP AS HEAALL… > > What 22 year old wouldn’t want one of these if it was in his means (which he says it is) > > Im with ya on this one Beck… Toyota \> Any other make… the fact that they are making huge power in luxury form too, is just one more reason to buy if you got it in your pocketbook. NO! You need to buy a M3!!! :uhh: ---
**Author:** ![Willybeen](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/willybeen/32/7351_2.png) [@Willybeen](https://forums.speedlife.net/u/Willybeen)\ **Post date:** [October 29, 2008, 2:05pm UTC](https://forums.speedlife.net/t/lexus-is-f/57190/100 "2008-10-29T14:05:35Z")
I saw a black one today on Main… near the 290. :tup: [Previous page](https://forums.speedlife.net/t/lexus-is-f/57190.md?page=4) [Next page](https://forums.speedlife.net/t/lexus-is-f/57190.md?page=6)