Only automatic (going on what you said?), going to be older/higher mileage for the money, worse MPG, pitfals of a bigger engine and so on?
Personally I don't think any Lexus is a good idea, but an IS300?
I'm not expert when it comes to the IS series, but unless Toyota has managed to completely mess it up in that incantation the engine should be just about bomb proof.
Slightly less economical perhaps, but the lump in the IS200 certainly isn't going to be winning any awards for that, in fact given the "performance" I think it's thirst is horrendous, but that's just me.
So, you have to put up with a slightly older, slightly higher mileage car that gets slightly less MPGzzz in order to get the car with an engine it actually deserves. Doesn't sound like a bad deal to me.
Not saying that Joshy's "£3.5K saloon car pick" is a IS300, but if he's keen on a IS car, try to swing him over the the 300
.
p)