Pick up a deeply discounted 2020 or what for MY2021?

JakeM

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If you can comfortably swing the payment for both, I'd pick up the Supra and sell the Taco privately.
very good advice. I would never trade a car into the dealership. Like DannyV said, they will adjust your price and trade price to the point where it looks you got a better deal but then the back end, your getting screwed... Better to sell it separately..
That's what's going to end up happening. We are going to re-do our budget this weekend and see if we just can't keep both and sell our current third car after I put a few new parts on it.
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Ross Murph

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I am new here and considering a 2020 premium, locally (Bay area) I am seeing $1000 under invoice as about the best you can do, so I am seeing a $56000 premium going for $51500 +TTL, does that sound reasonable to all you experienced buyers, this is a cash deal, no trade, no finance.

Thanks
 

idleuser

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I am new here and considering a 2020 premium, locally (Bay area) I am seeing $1000 under invoice as about the best you can do, so I am seeing a $56000 premium going for $51500 +TTL, does that sound reasonable to all you experienced buyers, this is a cash deal, no trade, no finance.

Thanks
I would not pay over 50k for a 2020 GR Supra Premium.

2021 Base

47 More HP
Retuned Chassis, (lightweight aluminum brace) along with front/rear bump stocks and damper tuning
Revised programming vor EPS, AVS and VSC
Standard 8" Navi screen

The only differences between a 2020 premium and a 2021 base is the HUD. I would not pay over 50k MSRP for a 2020 Supra that will be outdated in 1 month. The premium is worth 45k before TTL at most, wait for the 2021 base.

Don't forget to factor in the 1 year depreciation if you buy now.
 

Ross Murph

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I would not pay over 50k for a 2020 GR Supra Premium.

2021 Base

47 More HP
Retuned Chassis, (lightweight aluminum brace) along with front/rear bump stocks and damper tuning
Revised programming vor EPS, AVS and VSC
Standard 8" Navi screen

The only differences between a 2020 premium and a 2021 base is the HUD. I would not pay over 50k MSRP for a 2020 Supra that will be outdated in 1 month. The premium is worth 45k before TTL at most, wait for the 2021 base.

Don't forget to factor in the 1 year depreciation if you buy now.

The issue I have with that is, 2021 will cost $58 K, there will be no discounts
 

idleuser

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Where are you coming up with 58k? There is still a price embargo on the 2021 Supra. The average depreciation on a car is 19% which is in effect next month. The 51500 car that you bought is now worth about 47600, that premium supra needs at least a 15% discount before it's consider a good deal. The longer the car sit the better the deal are to be had.
 

Ross Murph

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Where are you coming up with 58k? There is still a price embargo on the 2021 Supra. The average depreciation on a car is 19% which is in effect next month. The 51500 car that you bought is now worth about 47600, that premium supra needs at least a 15% discount before it's consider a good deal. The longer the car sit the better the deal are to be had.
Every year the price goes up, and you have depreciation with a 2020 or 2021, price will be higher because they wont be offering a discount on the limited cars that will be shipped due to Covid-19, Id rather save cash, 47hp is not a big deal, the car already screams and a tune will take it to 400hp. Im trying to see if anyone else is negotiating a good price now
 

idleuser

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If you think 51500 is a good deal then buy it...Supras are sitting on dealer lot and they're not moving at all. Plus you are speculating whether if the price will go up but you don't know if it'll go up or down. Just pure speculation but that 15-19% depreciation hit is real for a 2020 model since the car is exactly 1 year old while the 2021 is still in the same calendar year. There is no depreciation on a car being sold in 2021, it only depreciates if it meets the following criteria.

1) The car is older than 1 year
2) The car is sold as used.

Both of the criteria has been met, but it's your money you can do whatever you want with it.
 

JakeM

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Where are you coming up with 58k? There is still a price embargo on the 2021 Supra. The average depreciation on a car is 19% which is in effect next month. The 51500 car that you bought is now worth about 47600, that premium supra needs at least a 15% discount before it's consider a good deal. The longer the car sit the better the deal are to be had.
Ya'll saying things similar to this realize the 2020's have to be off the lot before dealers actually started getting allocations for the 2021's right?
 

jtsang25

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Ya'll saying things similar to this realize the 2020's have to be off the lot before dealers actually started getting allocations for the 2021's right?
To add to this. Only 400 are going to the US in June while the rest are delayed.
 

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JakeM

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SwagBaybee

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LOL Negative interest? They're going to pay me to take out a loan?
Yes! Our president is 200% onboard with this idea if our economy can't recover. Pray that this won't happen but if the Covid19 illness doesn't improve or even gets worst as a result of putting people back into work prematurely causing another shutdown, then the Feds will run out of ideas (if no adequate economic boost get implemented whether it's tax deduction/ payroll credits/ stimulus checks/whatever). Yes, zero or even negative interest rates (it'd be a first for the USA).
 

2k20HTownMKV

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Yes! Our president is 200% onboard with this idea if our economy can't recover. Pray that this won't happen but if the Covid19 illness doesn't improve or even gets worst as a result of putting people back into work prematurely causing another shutdown, then the Feds will run out of ideas (if no adequate economic boost get implemented whether it's tax deduction/ payroll credits/ stimulus checks/whatever). Yes, zero or even negative interest rates (it'd be a first for the USA).
You do realize at negative interest rates the last thing anyone would really be thinking about would be buying a car. That would be mean the economy is so far into a recession that your unemployment numbers would most likely be well over 30% and most people would not have any spare money to afford anything but basic necessities. Also toyota is already giving 0% on most of their cars now. Just not on the Supra. Supra is a low volume car and it doesnt mean just because its sitting that 0% will move the car either.
 

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Ya'll saying things similar to this realize the 2020's have to be off the lot before dealers actually started getting allocations for the 2021's right?
Not true. Friend of mine at a dealership has 3 '21 on the way and has 6 '20 on the lot.
 

Supra60

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You do realize at negative interest rates the last thing anyone would really be thinking about would be buying a car. That would be mean the economy is so far into a recession that your unemployment numbers would most likely be well over 30% and most people would not have any spare money to afford anything but basic necessities. Also toyota is already giving 0% on most of their cars now. Just not on the Supra. Supra is a low volume car and it doesnt mean just because its sitting that 0% will move the car either.
No it doesn't mean it will move the car, BUT would certainly help someone who may be on the fence about getting one.
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