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Blog Category: Lexus

Kelley Blue Book Announces 2013 Best Resale Value Awards

KBB Best Resale Value Awards

Ok, so you’re all excited about your new car purchase. You’ve lined up a great price on a car you like, but are getting the best deal over the long term? What will your car be worth when you sell it?

Everyone wants to get a great price on their new car, and at AutoBuying101.com we are always looking to help you get the best deal, but we also want to educate you about all the costs associated with car ownership, and a big one is resale value.

Consumer Reports Auto Reliability Survey Shows Japanese Rising, Ford Falling

Consumer Reports

Consumer Reports has released their annual reliability rankings (subscription required to view full rankings), with Japanese automakers, led by the Toyota brands, taking the top seven spots on the list. Ford meanwhile, sank towards the bottom of the list, finishing next-to-last, with their premium brand, Lincoln, only one slot higher.

Toyota, which had suffered some highly-publicized setbacks in recent years, including issues with unintended acceleration, is surely buoyed by these results, with Scion, Toyota and Lexus landing the top three spots in the ratings. Another feather in the Toyota cap: the top vehicle overall was the Toyota Prius C.

Top 10 Cars With Character for Halloween as Selected by AutoBuying101.com

Top 10 Cars With Character for Halloween

Halloween is here, and folks of all ages will be dressing up as their favorite characters and heading to Halloween parties or hitting the streets for tricks or treats. This got us thinking about some very distinctive-looking cars; vehicles with character to spare. So we here at AutoBuying101.com have picked our Top 10 Cars With Character for Halloween. We’ve gathered up photographic evidence to illustrate our picks, and we think you’ll be amazed by the resemblances.

Most and Least Expensive SUVs and Trucks to Insure

Car Insurance

As auto buyers, we tend to focus most of our energy on the purchase cost of our vehicles, and other than fuel cost, we spend less time thinking of the ongoing costs. Of course, figuring our fuel cost is relatively simple; the MPG is listed right on the window sticker and with a little quick math in our head, we can easily guesstimate our gas bill.

Leftovers Offer Delicious Deals

Nissan Pathfinder

The debut of a new vehicle is a heady time for both automakers and consumers. The automakers gets to strut their stuff: sleek new designs, performance improvements, cutting edge technology. Consumers get exciting new vehicle choices to provoke them to pry open their checkbooks.

It does present a conundrum for the automakers, though. In our world of instant digital communication, the news of upcoming new models spreads faster than crabgrass. As consumers begin to drool over the new sheetmetal, inevitably there are lots full of the now unfashionable outgoing models that still need to be moved.

This Week in Blurbs

This Week in Blurbs

Here are stories from this week that are interesting, odd, entertaining, and/or of remotely tangential interest to the auto buyer, in blurbs:

  • Forbes compiled a list of the most beautiful cars of 2012. Beauty comes at a price apparently, because every one of them is extraordinarily expensive.

This Week In Blurbs

This Week In Blurbs

Here are stories from this week that are interesting, odd, entertaining, and/or of remotely tangential interest to the auto buyer, in blurbs:

Get ‘Em While You Can!

Discontinued
It’s a fact of automotive life that every year there are models that die off, never to be seen again. There are many reasons: The car may be subpar in its category. Or it may be a bit long in the tooth. Sometimes a vehicle gets squeezed out by overlapping selections in a manufacturer’s lineup. Or it may be that it just plain did not sell.
 
Whatever the reason, sometimes we wind up losing an interesting vehicle that suits a select few customers’ needs perfectly. Remember the Honda Element? A bonafide Swiss army knife of a ute that could swallow a dorm room, but sales kept dwindling until it disappeared.

Buying a Certified Pre-Owned Vehicle

Certified Pre-Owned

A Certified Pre-Owned (CPO) vehicle is a used vehicle which has been inspected and refurbished to ensure the vehicle measures up to rigorous quality standards. A CPO vehicle is usually backed by a manufacturer’s warranty, often in the form on an extended warranty. CPO cars are not new, they emerged in the early 90s from the luxury car market, with companies like Lexus and Mercedes-Benz releasing used off-lease vehicles that had relatively few miles on the clock.

Leading Green Cars for 2012

With Earth Day right around the corner, it only makes sense to take a look at the leading  environmentally-friendly green vehicle market. What was once a market dominated by the Toyota Prius has ballooned in the last year or so to include a wide range of manufacturers, models, and features. The green car is here to stay and with recent legislation proposals in California and other States, we’re likely to see even more of these environmentally-friendly vehicles on our highways and city streets.

 

2012 New York Auto Show - Lexus

Lexus ES350

For Lexus the big story was the debut of the new ES350. This mid-sized luxury model always follows on the heels of the Toyota Camry debut because it's the Camry that provides the platform for the ES line. So we're talking about a FWD-based vehicle here, not RWD as in the rest of the Lexus sedan stable. Not necessarily a bad thing; plenty of shoppers in this segment are just looking for a quiet comfortable ride to go with the plush amenities.

 The styling is pleasant, inoffensive, with some cues from the top-of-the-line LS, and a slightly toned-down version of the new Lexus family Predator face

2011’s Top Ten Green Cars Offer More Choice Than Ever

If you were in the market for a green car ten years ago, your choices were few and far between. The Toyota Prius and Ford Escape Hybrid were newly available -- and rarer than hens’ teeth. Now it seems like every third driveway has a hybrid in it, and all-electric cars are moving from hobbyists’ garages to the mainstream vehicle marketplace.

When Kelley Blue Book, a well-known authority on vehicle prices and buying trends, published its annual list of the Top Ten Green Cars for 2011, it had lots of eco-friendlier cars to choose from, and they’re not all limited to that one special dealership in Los Angeles. You can find most of these cars most anywhere.

J.D. Power & Associates 2011 Initial Quality Study Results

According to JD Power and Associates, despite modest improvement in initial quality on both newly developed models and new version of existing models over the last 5 years, the trend has not continued and initial quality for newly developed models for 2011 is down, as is reported in the organization’s newest study.

The Initial Quality Study, conducted by JD Power for the last 25 years, is a survey of recent buyers and lessees of 2011 models.  Owners are contacted after 90 days with the cars and are given a 228-question survey designed to provide the manufacturers with information to “facilitate identifying problems and drive product improvement.”

Study Finds Mercedes Benz Tops List For Best Dealership Experience

It’s probably not too surprising to most car shoppers that dealerships selling luxury car brands treat their customers the best, with Mercedes-Benz topping the list for 2011. Pied Piper PSI, a company that monitors consumer satisfaction for the automotive industry, sent more than 3500 mystery shoppers to dealerships across the United States to measure how well people shopping for vehicles were treated by each brand’s staff.

The top five dealerships in the study were:

Nadaguides Best Cars Buys For 2011

NADAguides.com, one of leading vehicle pricing and information sites, released its list of Best Car Buys for 2011, with Honda dominating the list with 5 models while Kia, Toyota and Chevrolet had 3 models across multiple categories.

The list, which was created based on value, efficiency, consumer piece of mind, and safety ratings cover a variety of vehicle types including Vans, Wagons, Sedans, Luxury, Coupes, Sports, SUVs, Trucks, and Hybrids.

2011 Top Safety Picks By The IIHS

Insurance Institute For Highway Safety

Their name is a little hard to remember, but if you are in the market for a new or used auto, you definitely do not want to forget who the IIHS is.  Formed over 50 years ago, the mission of the Insurance Institute For Highway Safety (IIHS) is to help reduce deaths, injuries, and property damage. 

Intellichoice’s Best Overall Values of 2011

As you may have noticed, we have an ongoing theme that relates to helping you find great autos and being able to buy them without breaking the bank.  We will often steer you to great websites that can help you make those decisions or provide you with tips and information to do it yourself.

ALG's 2011 Residual Value Award Winners

One of the most complex concepts consumers will encounter when trying to decide if buying or leasing is the best option for them, is “residual.”

What is residual value?

This number is the projected market value of a vehicle at a given point in time in the future.

So, when it comes to leasing, the residual value is used to help calculate how much a vehicle will depreciate (lose value) during the lease period…and thus how much the consumer should pay every month to lease the vehicle now.

Forbes Magazine Names the Auto Brands that Americans Think Are Best

In an article recently published by Forbes Magazine, the publishers identify the automotive brands that Americans think are the best.  This is not a list made up of the best selling cars in America, as that would be populated by Chevrolets, Toyotas and Fords.

TrueCar Releases TrueTrends Report for May

Our friends at TrueCar.com recently released the May TrueTrends report, their monthly car buying industry trend report and, as it is jam packed with some fantastic information for new auto buyers, we thought we’d break down some of the more interesting tidbits for you.

According to TrueCar:

J.D. Power & Associates 2011 Vehicle Dependability Study

J.D. Power & Associates

You would think that after all Toyota went through with their “memorable for all the wrong reasons” 2010, the brand would have taken a hit in the many surveys and studies that are taken on the topic of dependability.

Kiplinger Personal Finance Announces Their 2011 Best Values

Kiplinger Personal Finance recently launched their 2011 Car Buying Guide on their website, and published their "Top Picks" recommendations in the March 2011 magazine issue available now.  Kiplinger's categorized autos in 11 categories and ranked them by price, performance, safety, roominess, and driving impressions.   You can see their full research functionality on the Kiplinger website.

Kelley Blue Book Announces the 2011 Best Resale Value Award Winners

As you evaluate different makes and models during your auto buying research process, one of the helpful factors involved in your decision should be the evaluation of a auto's resale value.  This can help ensure you get the most for your money, and if you ever decide to sell or trade-in your auto, that you get a good return for your next purchase.