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Can I Afford The Lexus ES350 2007/2008 With A 300k-500k Salary? - Car Talk - Nairaland

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Can I Afford The Lexus ES350 2007/2008 With A 300k-500k Salary? by Johnwicked(m): 1:50am On Jan 06, 2021
I’ve been contemplating getting this ride for a long time, I am a graduate with no pressing responsibilities but house rent. I recently came across a clean US Toks for 3.5/3.7m. I plan on using it to commute to and fro work comfortably, I’m not sure of it’s maintenance cost and it’s general fuel consumption so I’d like to know if this might be above my budget. Thanks

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Re: Can I Afford The Lexus ES350 2007/2008 With A 300k-500k Salary? by DAutoDiagnosis: 12:04pm On Jan 06, 2021
Johnwicked:
I’ve been contemplating getting this ride for a long time, I am a graduate with no pressing responsibilities but house rent. I recently came across a clean US Toks for 3.5/3.7m. I plan on using it to commute to and fro work comfortably, I’m not sure of it’s maintenance cost and it’s general fuel consumption so I’d like to know if this might be above my budget. Thanks


Get a Prius, or an hybrid Camry.

E no dey chop fuel
Re: Can I Afford The Lexus ES350 2007/2008 With A 300k-500k Salary? by MASTAkiLLAh(m): 12:35pm On Jan 06, 2021
How much do you set aside monthly for your rent ?
How much do you set aside monthly for your upkeep ie feeding, data, dstv, electricity etc ?

How much do you set aside monthly for your dependants ie parents, siblings, girlfriends, padi men etc ?

How much can you set aside monthly for maintenance of this car and will it affect your personal comfort ?

If you love the car and feel you can afford its upkeep then go ahead but I'll advice you get comprehensive insurance from a reputable company just in case. Its also not a car for roadside mechanics who'll most likely do more harm than good in the long run.

Enjoy your ride bro

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Re: Can I Afford The Lexus ES350 2007/2008 With A 300k-500k Salary? by Johnwicked(m): 3:32pm On Jan 06, 2021
DAutoDiagnosis:



Get a Prius, or an hybrid Camry.

E no dey chop fuel

Lol Pruis? For Naija? Not my go-to
Re: Can I Afford The Lexus ES350 2007/2008 With A 300k-500k Salary? by Johnwicked(m): 3:40pm On Jan 06, 2021
MASTAkiLLAh:
How much do you set aside monthly for your rent ?
How much do you set aside monthly for your upkeep ie feeding, data, dstv, electricity etc ?

How much do you set aside monthly for your dependants ie parents, siblings, girlfriends, padi men etc ?

How much can you set aside monthly for maintenance of this car and will it affect your personal comfort ?

If you love the car and feel you can afford its upkeep then go ahead but I'll advice you get comprehensive insurance from a reputable company just in case. Its also not a car for roadside mechanics who'll most likely do more harm than good in the long run.

Enjoy your ride bro

Thanks for the thorough analysis, this makes sense. I just don’t want to buy something that is a fuel guzzler even tho I understand it’s a V6, can’t be compared to a Corolla
Re: Can I Afford The Lexus ES350 2007/2008 With A 300k-500k Salary? by Kizito55: 12:45pm On Jan 07, 2021
Johnwicked:
I’ve been contemplating getting this ride for a long time, I am a graduate with no pressing responsibilities but house rent. I recently came across a clean US Toks for 3.5/3.7m. I plan on using it to commute to and fro work comfortably, I’m not sure of it’s maintenance cost and it’s general fuel consumption so I’d like to know if this might be above my budget. Thanks

If in your work place there is a cooperative, then get a loan from them and they would be deducting the money from your salary, u can use the little you're also saved add to it and get your car

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Re: Can I Afford The Lexus ES350 2007/2008 With A 300k-500k Salary? by HeavenlyBang(m): 1:42pm On Jan 07, 2021
Don't borrow to buy a car, unless you're investing capital into something that would yield more profit.

500k a month is enough to maintain an ES350, as long as you don't have other major expenses.

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Re: Can I Afford The Lexus ES350 2007/2008 With A 300k-500k Salary? by Nostradamus: 1:42pm On Jan 07, 2021
500k salary for a 07 es350?
go for it.yu will enjoy the ride. cool

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Re: Can I Afford The Lexus ES350 2007/2008 With A 300k-500k Salary? by MASTAkiLLAh(m): 3:14pm On Jan 07, 2021
Kizito55:


If in your work place there is a cooperative, then get a loan from them and they would be deducting the money from your salary, u can use the little you're also saved add to it and get your car
its better to buy a Golf 3 fully paid than to take a loan to buy your dream car.

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Re: Can I Afford The Lexus ES350 2007/2008 With A 300k-500k Salary? by Stockquality: 10:21pm On Jan 07, 2021
Oga close eye buy honda,avoid lexus. Dont put yourself in penury. Buy honda 08 accord of 2m or camry 1.7m 2006 camry

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Re: Can I Afford The Lexus ES350 2007/2008 With A 300k-500k Salary? by Johnwicked(m): 2:10am On Jan 08, 2021
Stockquality:
Oga close eye buy honda,avoid lexus. Dont put yourself in penury. Buy honda 08 accord of 2m or camry 1.7m 2006 camry

I’m honestly tired of that 08 Accord/Camry .. pure water cars and boring machines. I needed something with a little more power

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Re: Can I Afford The Lexus ES350 2007/2008 With A 300k-500k Salary? by Munzy14(m): 6:50am On Jan 08, 2021
Stockquality:
Oga close eye buy honda,avoid lexus. Dont put yourself in penury. Buy honda 08 accord of 2m or camry 1.7m 2006 camry
Honda and suspension...

Plus raining season wahala...

Re: Can I Afford The Lexus ES350 2007/2008 With A 300k-500k Salary? by Munzy14(m): 6:52am On Jan 08, 2021
Johnwicked:
I’ve been contemplating getting this ride for a long time, I am a graduate with no pressing responsibilities but house rent. I recently came across a clean US Toks for 3.5/3.7m. I plan on using it to commute to and fro work comfortably, I’m not sure of it’s maintenance cost and it’s general fuel consumption so I’d like to know if this might be above my budget. Thanks
You can if you want to...But for me a Toyota spider is my best bet.
Again, these cars are not for roadside mechanics o...If not premium tears.

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