Do NOT buy a Supra right now

kona61

Well-Known Member
First Name
Josh
Joined
Mar 25, 2018
Threads
22
Messages
1,029
Reaction score
1,408
Location
San Bernardino-ish, CA
Car(s)
Sold Launch Edition Supra #445
Vehicle Showcase
1
Nothing wrong with buying a Supra now as long as you donā€™t over pay for it. I really donā€™t see this Supra holding the value like the MK4 did. Of course I donā€™t think they will be discounting Supraā€™s ever though.
The MK4 did not hold its value. It has only recently resurged from rock bottom.
 

AHP

Well-Known Member
Joined
Nov 28, 2018
Threads
9
Messages
705
Reaction score
1,088
Location
CLT, NC
Car(s)
2021 3.0 Premium, 2022 C8 HTC, 2019 Z06
Vehicle Showcase
1
The C8 was definitely a mic drop moment for GM. That said, even though the base sticker is 59k that's with zero options and essentially a configuration that will never be on the showroom floor. As soon as a few option boxes are checked the MSRP will jump dramatically.


The MK4 did not hold its value. It has only recently resurged from rock bottom.

Curious to hear your definition of recent and rock bottom. The MK4's resale value has always tracked higher than its immediate peers and "rock bottom" for a reasonable TT 6sp example on the open market has never been below mid-20k. There is a distinction between holds and/or appreciates in value vs. trading at 1-3x the original sticker, which the latter has been more recent.
 

twarner776

Well-Known Member
First Name
Travis
Joined
Jul 17, 2019
Threads
11
Messages
87
Reaction score
101
Location
Atlanta, GA
Car(s)
Supra LE, Audi A6
strong insider information!!!!



more like don't buy a supra right now until you test drive a c8
I am over the C8 comments. They are not even close to the same car. The allure of the Supra has always been the aftermarket community, and the fact that once the owner started on the car it became unique. It was the same way with the 300 and RX-7. While we dont know if the A90 will have the same support, initial interest is promising.

The 2nd thing is your comparing a base Corvette to a loaded (although there is a small model range) Supra. And while its very impressively priced, start adding any of the options etc and you will be well over 75K. Move to any of the track focused editions and now were talking well into 6 figures.

Ill take a 60K supra with some mods that you will see very few of, over a corvette any day.
 

SupraFiend

Well-Known Member
Joined
Nov 2, 2017
Threads
1
Messages
574
Reaction score
850
Location
Vancouver
Car(s)
5 Supras currently
Curious to hear your definition of recent and rock bottom. The MK4's resale value has always tracked higher than its immediate peers and "rock bottom" for a reasonable TT 6sp example on the open market has never been below mid-20k. There is a distinction between holds and/or appreciates in value vs. trading at 1-3x the original sticker, which the latter has been more recent.
Exactly. kona61 you're also forgetting that this recent spike is not the mk4s first. Average mk4 TTs are sitting at the original MSRP or more currently. Same thing happened in 2001 after the first F&F movie came out. Meanwhile its contemporaries, the 300zx, 3000gt, RX7 etc all dipped into the sub 10k usd range, which the mk4 TTs have never even come close to. Only the RX7 and NSX are climbing again, the other 2 are still at the bottom.
 

SupraFiend

Well-Known Member
Joined
Nov 2, 2017
Threads
1
Messages
574
Reaction score
850
Location
Vancouver
Car(s)
5 Supras currently
I am over the C8 comments. They are not even close to the same car. The allure of the Supra has always been the aftermarket community, and the fact that once the owner started on the car it became unique. It was the same way with the 300 and RX-7. While we dont know if the A90 will have the same support, initial interest is promising.

The 2nd thing is your comparing a base Corvette to a loaded (although there is a small model range) Supra. And while its very impressively priced, start adding any of the options etc and you will be well over 75K. Move to any of the track focused editions and now were talking well into 6 figures.

Ill take a 60K supra with some mods that you will see very few of, over a corvette any day.
Are we still comparing the price of the c8 to the Supra? Pointless imo. Who cares if an average C8 will sticker for 10k more then an average mk5. The important thing with the c8 is it will sticker on average 100k to 300k under its actual competition. New NSX, R8, Ferrari 488, Lambo Huracan, Maclaren 570 etc.
 

SupraFiend

Well-Known Member
Joined
Nov 2, 2017
Threads
1
Messages
574
Reaction score
850
Location
Vancouver
Car(s)
5 Supras currently
But you are right, they are totally different cars targeted at different markets. As good a deal as the C8 is, I too prefer FR cars that I can tune and mod.

Should be a good time to pickup a C7 z06 soon though lol
 

CSUfiend

Well-Known Member
Joined
Jul 9, 2017
Threads
0
Messages
134
Reaction score
284
Location
CA
Car(s)
2023 GR Supra 3.0 Premium
Not sure why the C8 keeps getting brought in when it will be several months until it gets released. Once again, if the $60k model does become available (at this point, i have my doubts and think the majority of cars will be in the high 70ā€™s) it will be well after the launch.

Thereā€™s a huge difference between a base price and actual price youā€™ll find on a lot. In fact, I just did a search of C7ā€™s in my area and the lowest priced one is $67k. Now you may be able to bargain that down to $60k OTD, but keep in mind this is the outgoing model. So anybody whoā€™s walking in to search for even a $59,999 C7 Corvette would have a hard time doing so. So I do have my doubts on a $59,999 C8. Again, how many Tesla Model 3ā€™s are actually the as-promised ā€œ$35kā€ models?

If anything, I think the Supra is in competition right now with the unsold C7ā€™s. This will be the only time that you can actually buy a Supra and Corvette for 60k, with dealers focused on moving the C7 out and dealers focused on selling the Supra at over MSrP. By the time the C8 comes up, the average transaction price between the two will be at least $10k apart, if not a lot more.

Up next: Supra vs. GTR:hmm:
 

Bryster

Well-Known Member
First Name
Bryan
Joined
Oct 17, 2018
Threads
70
Messages
1,649
Reaction score
1,695
Location
Los Angeles
Car(s)
Nothing,considering a Civic DX
Are we still comparing the price of the c8 to the Supra? Pointless imo. Who cares if an average C8 will sticker for 10k more then an average mk5. The important thing with the c8 is it will sticker on average 100k to 300k under its actual competition. New NSX, R8, Ferrari 488, Lambo Huracan, Maclaren 570 etc.
Chevy's plan with the C8 seems to be electrification on future models
https://www-cnet-com.cdn.ampproject...ine-corvette-hybrid-electric-variants-report/
 

Vaevictum

Well-Known Member
First Name
Dan
Joined
Oct 23, 2017
Threads
1
Messages
89
Reaction score
191
Location
Chicago
Car(s)
2018 Camaro SS, 2012 Corolla
I'm on the same page. Wait till c8, I'll pick up a Supra for 45K. Once initial demand dies down, although not overly produced, I think I can get a deal. Who da hell is going to pay 60K for a two seater Toyota? Nobody! However, I'm wiling to pay 60K for BMW two seater lmao...
I'll pay 60K for a 2 seater Toyota if it's better than its 60K competition! However, paying 80K for a 2 seater that is on par with its 60K competitor is where I pump the brakes. I don't really care about branding or badging, I like good platforms at good prices honestly
 

kona61

Well-Known Member
First Name
Josh
Joined
Mar 25, 2018
Threads
22
Messages
1,029
Reaction score
1,408
Location
San Bernardino-ish, CA
Car(s)
Sold Launch Edition Supra #445
Vehicle Showcase
1
The C8 was definitely a mic drop moment for GM. That said, even though the base sticker is 59k that's with zero options and essentially a configuration that will never be on the showroom floor. As soon as a few option boxes are checked the MSRP will jump dramatically.





Curious to hear your definition of recent and rock bottom. The MK4's resale value has always tracked higher than its immediate peers and "rock bottom" for a reasonable TT 6sp example on the open market has never been below mid-20k. There is a distinction between holds and/or appreciates in value vs. trading at 1-3x the original sticker, which the latter has been more recent.
Exactly. kona61 you're also forgetting that this recent spike is not the mk4s first. Average mk4 TTs are sitting at the original MSRP or more currently. Same thing happened in 2001 after the first F&F movie came out. Meanwhile its contemporaries, the 300zx, 3000gt, RX7 etc all dipped into the sub 10k usd range, which the mk4 TTs have never even come close to. Only the RX7 and NSX are climbing again, the other 2 are still at the bottom.

The Supra definitely never took such a massive hit as some of its contemporaries did. However, I would say that the fact it dropped from essentially being an 80k car to below 20k and to rebound to 30-50k is pretty darn low.

And the major rebound was recent. It was only 8-10 years ago that I could have gotten a Na-T for around 15k. A twin turbo would have been 20k or less depending on condition.

Now obviously I donā€™t have as much experience with MKIVs having never owned one, but from my perspective they definitely depreciated a considerable amount.
 

DesmoSD

Well-Known Member
Joined
Oct 16, 2018
Threads
3
Messages
1,059
Reaction score
1,968
Location
San Diego
Car(s)
1993.5 Supra TT, 997.1 911 Carrera S, 1199 Panigale S
Not sure why the C8 keeps getting brought in when it will be several months until it gets released. Once again, if the $60k model does become available (at this point, i have my doubts and think the majority of cars will be in the high 70ā€™s) it will be well after the launch.

Thereā€™s a huge difference between a base price and actual price youā€™ll find on a lot. In fact, I just did a search of C7ā€™s in my area and the lowest priced one is $67k. Now you may be able to bargain that down to $60k OTD, but keep in mind this is the outgoing model. So anybody whoā€™s walking in to search for even a $59,999 C7 Corvette would have a hard time doing so. So I do have my doubts on a $59,999 C8. Again, how many Tesla Model 3ā€™s are actually the as-promised ā€œ$35kā€ models?

If anything, I think the Supra is in competition right now with the unsold C7ā€™s. This will be the only time that you can actually buy a Supra and Corvette for 60k, with dealers focused on moving the C7 out and dealers focused on selling the Supra at over MSrP. By the time the C8 comes up, the average transaction price between the two will be at least $10k apart, if not a lot more.

Up next: Supra vs. GTR:hmm:


The MKV and the C7/C8 are definitely in competition just like how the MKIV was easily matched up with the C4/C5, M3, 911 Turbo, 300ZX TT, RX-7 TT, NSX...

0100_02.jpg

rt294_07.jpg

rt294_06.jpg

rt893_08.jpg


When the MKV wasn't available, it was still mentioned in comparison with Cayman? Then when they finally did a comparison, the 718 Cayman was priced higher.

BASE PRICE:
M2C $59,895
718 Cayman $58,150
Supra $56,180

PRICE AS TESTED:
M2C $67,045
718 Cayman $71,850
Supra $57,375
 

Turbro

Well-Known Member
Joined
Jun 6, 2018
Threads
3
Messages
330
Reaction score
632
Location
Somewhere USA
Car(s)
24 Strat 3.0 MT, 94 Supra TT 6Spd
So much this! Do people forget what the mkiv was compared against? Corvette vs Supra was most def a thing in the last generations. I still see it as one today. Even if the layout of the vette change
 

DesmoSD

Well-Known Member
Joined
Oct 16, 2018
Threads
3
Messages
1,059
Reaction score
1,968
Location
San Diego
Car(s)
1993.5 Supra TT, 997.1 911 Carrera S, 1199 Panigale S
So much this! Do people forget what the mkiv was compared against? Corvette vs Supra was most def a thing in the last generations. I still see it as one today. Even if the layout of the vette change
I know right! Everyone tried to test the Supra Vs and the MKIV just kept on going.

This is a new chapter in the Imports vs Domestics but unfortunately, it has an odd twist.

 

CSUfiend

Well-Known Member
Joined
Jul 9, 2017
Threads
0
Messages
134
Reaction score
284
Location
CA
Car(s)
2023 GR Supra 3.0 Premium
I think you make a good point. Iā€™m not trying to disrespect you or anything (thanks for the vid) but i Will use a different analogy to make my point.

When the Tesla Model 3 came out, all we heard about was lowest priced Tesla ever and $35,000 starting price

A lot of people got caught up with that.

Itā€™s now years later and the cheapest Tesla Model 3 that I have found in my area is $42k. In fact, two coworkers bought thereā€™s for such that (they were also some of the ones who made a big deal about the $35,000 price).

Now does a $35,000 Tesla Model 3 exists somewhere? Perhaps, but I havenā€™t seen it. But it is a unicorn as far as Iā€™m concerned.

I feel like if Chevy were to really have a $59,999 C8 on their lots (like literally, several to choose and not just one per dealer per region, per state, per quarter or something) and not just showing up on someoneā€™s inventory sheet, then they have a winner. If that happens, itā€™s good for the performance car world because it forces many many companies to go back to the drawing board! But I have a feeling the $59,999 will be just a unicorn.it sounds like a marketing ploy like the example that I used, even though on paper, it is technically ā€œavailableā€

And I actually think it would be a good thing if you were right and I was wrong. But looking at listed C7 prices in my area (High 60ā€™s to mid 70ā€™s seem to be the lowest median price) and I have my doubts on a $59,999 C8 even further. I personally feel like the $59999 price doesnā€™t mean anything if the average car buyer canā€™t go into the dealership and find one for that marketed price. And when I look at C7 prices (technically, dealers should be ā€œmotivatedā€ to move these out) in my area, I think those suspicions are confirmed
Sponsored

 
Last edited:
 




Top