Should I wait for 2021?

[eyeye96]

Also, after all this car is BMW and they depreciate like hell, so if you guys keep on selling the car in 2-3 years a priority, then lease it or don't cry when it depreciates 40% in the next 2 years....

This is true but when you are comparing 2020's ith 2021, don't you think 2021 will hold value better than 2020? In that regards 2020 may lose 40% value in maybe 1-year use from now while as 2021 will take 2 years. I am just making up numbers here but you get my point.

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[eyeye96]

Nope, I have reached out to dealers and there are multiple with allocations still unspoken for and they are normal colors, not the a91 limited colors.

Interesting. But I will only inquire about this once official pricing is released. Because the price we have in mind is still a speculation and no official confirmation.

 

[Dannyvandelft]

Those are the A91 limited editions and will obviously be sold for markups. I have no hopes to get a car from that shipment.

None of them are confirmed to be A91 models. My friend at a dealership is getting 3 of the 400, none are A91.

They're going on sale end of June, beginning of July.

 

[theyellowcarguy]

This is true but when you are comparing 2020's ith 2021, don't you think 2021 will hold value better than 2020? In that regards 2020 may lose 40% value in maybe 1-year use from now while as 2021 will take 2 years. I am just making up numbers here but you get my point.

As of now the supra production numbers aren't super high so the car shouldn't depreciate as much as mass produced BMW...and should have more demand because of the name plate of BRZ and FRS owners looking to upgrade. But all conjecture, won't know until a few years down the line.

 

[DesmoSD]

Its not about the FICO. I dont think Toyota will give 0% financing on 2021's any time soon. Even if you finance form outside you will get a lower rate I agree but 0% is way too good to ignore.

IMO, I don’t think ‘21 will be selling like hot cakes and I bet there will be special incentives to get rid of them soon.

 

[veloist]

Don't forget the 2020 model is still the car that's been reviewed over, and over, and over, and over again--with mostly positive feedback. Just because the 2021 model is coming out with more power that gives it a 0.2 sec edge from 0-60 and a few chassis tweaks, doesn't mean the 2020 model became a worse car all of a sudden. Besides, when are you actually going to use the 0.2 sec advantage? This car has so much power and torque stock. It did not need a power bump. Many people who drove the 2021 said they did not really feel the chassis changes.

As for resale value...what are you going to use the car for? If you're going to daily drive the car don't even worry about resale value since it's going to drop anyways. Enjoy the car as it is--especially if you're getting $5k off sticker and 0% APR. If you're keeping it long term and trying to make it a garage queen...good luck with that this car is too fun to do that and if that's the case, it would be useless to get a 2021 model because guess what...the 2022 models, 2023 models, etc..will probably be better and Toyota already admitted that. Doing something like that would be better towards the end of the model's life. Lastly, don't forget that the 2021 4-cylinder model will help with resale value of a 2020 model since they are all 3.0-liters.

Also if you don't go for the 0%, you can go outside financing like a credit union and get the $3500 rebate. If the dealer is giving you 49k with 0%, that means they can give you the car for $45,500. This route would be better if you can put a larger down payment, or go with a shorter term. Even if you put $10,000 down you still save around $500 vs. going 0% (at 2.99%APR for 5 years), and that's if you wait out all 60 payments.

 

[eyeye96]

As for resale value...what are you going to use the car for? If you're going to daily drive the car don't even worry about resale value since it's going to drop anyways. E

Well I agree with that but the reason I am thinking about resale value is if I need to sell the car for whatever reason, I don't want to end up losing a lot of money compared to what I will be losing if I had a 2021.

 

[Dannyvandelft]

Well I agree with that but the reason I am thinking about resale value is if I need to sell the car for whatever reason, I don't want to end up losing a lot of money compared to what I will be losing if I had a 2021.

Then don't buy a BMW. Or a new car in general. You're always going to take a hit on a new car. The '21 will be losing a lot of money too. They all do.

 

[eyeye96]

Then don't buy a BMW. Or a new car in general. You're always going to take a hit on a new car. The '21 will be losing a lot of money too. They all do.

Okay consider these two scenarios.
1. I bought a 2020 this June and sold it in 2022
2. I bought a 2021 this June and sold it in 2022 same time

Selling in 2022 is not what I had in mind but I had to sell due to some unforeseen circumstance.

I believe I would have lost less money in the second scenario. I am talking about the money lost. I am losing money in both scenarios and I know that. But that loss would be more in the first scenario. That's what I think at this point in time.

 

[veloist]

Well I agree with that but the reason I am thinking about resale value is if I need to sell the car for whatever reason, I don't want to end up losing a lot of money compared to what I will be losing if I had a 2021.

Hm well buying a car is still a commitment...when you look at $50k cars like the Supra that are two-door two-seaters you need to know that it's going to fit your lifestyle for a while. If you're concerned that a valid reason would come up that would make you have to sell it, then maybe the car isn't a good fit right now.

If you go for a 2020 model at an already discounted price, you're already relieved of some of the depreciation. At $49k selling price, how much are you getting off MSRP percent-wise anyways? You're going to take a hit on taxes anyways (especially if you pay for a more expensive 2021). And being in the Bay Area, if you shop local, the longer those 2020s sit on the lot, the longer it will take for a dealer to discount their 2021's. In fairness, the longer those 2020's sit on the lot, the more they will discount those.

I understand life happens and you may need to sell the car, but I think the huge discount on the 2020 models offset the difference. In the unfortunate event that happens, you're going to lose a lot of money either way.

If the 2021 models sell closer to MSRP with no manufacturer incentive, resale value will remain a little higher BUT you paid more on the sale price of the car and the taxes. If the 2021 models get discounted just like the 2020 models with manufacturer's incentive, then you paid less for the car, but resale value is low too because the car had incentives.

 

[veloist]

Okay consider these two scenarios.
1. I bought a 2020 this June and sold it in 2022
2. I bought a 2021 this June and sold it in 2022 same time

Selling in 2022 is not what I had in mind but I had to sell due to some unforeseen circumstance.

I believe I would have lost less money in the second scenario. I am talking about the money lost. I am losing money in both scenarios and I know that. But that loss would be more in the first scenario. That's what I think at this point in time.

This June (next month) there's no way the 2021 model will be the same price as the 2020 model.
Until the 2020 models are out of sight out of mind, you won't see deals like that on 2021 models.

 

[eyeye96]

This June (next month) there's no way the 2021 model will be the same price as the 2020 model.
Until the 2020 models are out of sight out of mind, you won't see deals like that on 2021 models.

No I never mentioned I am buying at the same price. I would obviously pay more for 2021. I am just talking about the money lost when I sell. The difference in selling and purchase price would be much higher with the 2020 I feel.

 

[eyeye96]

Hm well buying a car is still a commitment...when you look at $50k cars like the Supra that are two-door two-seaters you need to know that it's going to fit your lifestyle for a while. If you're concerned that a valid reason would come up that would make you have to sell it, then maybe the car isn't a good fit right now.

If you go for a 2020 model at an already discounted price, you're already relieved of some of the depreciation. At $49k selling price, how much are you getting off MSRP percent-wise anyways? You're going to take a hit on taxes anyways (especially if you pay for a more expensive 2021). And being in the Bay Area, if you shop local, the longer those 2020s sit on the lot, the longer it will take for a dealer to discount their 2021's. In fairness, the longer those 2020's sit on the lot, the more they will discount those.

I understand life happens and you may need to sell the car, but I think the huge discount on the 2020 models offset the difference. In the unfortunate event that happens, you're going to lose a lot of money either way.

If the 2021 models sell closer to MSRP with no manufacturer incentive, resale value will remain a little higher BUT you paid more on the sale price of the car and the taxes. If the 2021 models get discounted just like the 2020 models with manufacturer's incentive, then you paid less for the car, but resale value is low too because the car had incentives.

Well you do make a strong argument and have given me something to think about. I agree to all the stuff you mentioned here. I gotta think about all this and make a decision. Luckily there's time till June 1st until the offers expire.

 

[idleuser]

You guys underestimate the need for dealerships to move inventory. Whether they sell a MY2020 for a big discount or MY2021 at msrp or invoice doesn't matter. What matters is inventory and vehicle allocation. A dealership will sell at invoice or +500 above invoice towards the end of the year. Of course you wouldn't get the best price for a 2021 but the dealership mark up in a prolong recession will lead to unsold inventory.

 

[veloist]

You guys underestimate the need for dealerships to move inventory. Whether they sell a MY2020 for a big discount or MY2021 at msrp or invoice doesn't matter. What matters is inventory and vehicle allocation. A dealership will sell at invoice or +500 above invoice towards the end of the year. Of course you wouldn't get the best price for a 2021 but the dealership mark up in a prolong recession will lead to unsold inventory.

How do you know this?

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