2007 Lexus IS250 - Sold in 2021 // Party is Over

I'm planning to sell my Lexus after 3 years of ownership sometime in 2021. While I loved the car and enjoyed it, I want to get something simpler like a Toyota Corolla or Honda Civic. What surprised me are other people selling cars similar in age and mileage are asking for prices near my original purchase price.

I'm in no rush as the car is great and may start offering it for sale in the Summer of 2021, but not sell it until near the end of the year. I should then be able to find a used Corolla or Civic for 1/2 the price of the IS250.

Another option is possibly a 1st or 2nd generation Toyota Highlander. I've always liked that boxy style of SUV and a decent example of a V6 model would be cool.

Update - 5/30/21

I’m going to keep my car for a while longer. Prices are spiking and I’m not sure if this means inflation is going to start causing prices to skyrocket?

Update - 12/26/21

Party's Over. The used car prices are dropping. Missed my chance and getting $6k for the Lexus.

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