GR Supra resale values: Is the Supra gonna depreciate like the germans? / Expected Depreciation

[jmpickrell]

I think any vehicle is basically a losing investment (if you think you're investing in it). A vehicle is a tool and for your enjoyment. The reality is a used car doesn't go up in value until the last couple of years (which is beyond bizarre and yes I know why it has and yes I don't see that changing ANY TIME soon if you look at how governments continue to handle "The Pandemic ?‍" and economies/production/transport of goods.

All that being said - I've never purchased a brand new car until now. I purchased a 2022 Supra at MSRP (which HURTS) but I don't plan on getting rid of the car any time soon. I work from home and have for the last 10+ years so my cars usually don't travel more than the 6 mile round trip to the gym daily.

I'd encourage the OP to not worry about the depreciation because it's a loss in a vehicle unless you're purchasing the collector's items (which you're already paying a premium for) and just enjoy the vehicle.

On another note - you can find how many cars have been sold here in the US (where I'm at) and it sits roughly between 14k-15k since they started being sold. That's pretty rare and I don't see that changing any time soon due to all the issues I've cited and others have cited. I do think the one thing that'll hurt the value (in the long run) is the dumb 4 cylinder model. That vehicle is produced to sell more units and allow more people into the vehicle. While I have nothing against those who purchase that vehicle I just personally wish it wasn't being produced so that you keep the vehicle more "rare and special".

Here's the link to the car sales figures - https://www.goodcarbadcar.net/toyota-supra-sales-figures/


Long story short - just get the car and enjoy it or get something else and enjoy whatever that is. You aren't guaranteed tomorrow so don't waste time fretting over the small stuff. Accept you're setting money on fire buying a car and run with it.

Sponsored

 

[FlynnZero]

If that... lots and lots of new tighter regulations are likely to be passed this year (and in the coming 2 as well). Naturally they won't take effect immediately, but if they're stiff enough and expensive enough to tool for - it's entirely possible that manufacturer resources will get diverted before they do. That won't necessarily mean fewer MKV's produced... but it might, or at least a much higher MSRP to offset that (and inflation in general).

The writing is on the wall for ICE vehicles in general... and performance models in particular. I'm wondering if Dodge will even exist in 10 years... considering "making cars like it's still 1975" is practically their mission statement.

ICE will not completely disappear and electric will take longer to materialize than the Biden admin desires. Not to mention, as soon as people realize the environmental damage mining for the material causes, it could stall out the effort.

 

[R_R8TED]

I think any vehicle is basically a losing investment (if you think you're investing in it). A vehicle is a tool and for your enjoyment. The reality is a used car doesn't go up in value until the last couple of years (which is beyond bizarre and yes I know why it has and yes I don't see that changing ANY TIME soon if you look at how governments continue to handle "The Pandemic ?‍" and economies/production/transport of goods.

All that being said - I've never purchased a brand new car until now. I purchased a 2022 Supra at MSRP (which HURTS) but I don't plan on getting rid of the car any time soon. I work from home and have for the last 10+ years so my cars usually don't travel more than the 6 mile round trip to the gym daily.

I'd encourage the OP to not worry about the depreciation because it's a loss in a vehicle unless you're purchasing the collector's items (which you're already paying a premium for) and just enjoy the vehicle.

On another note - you can find how many cars have been sold here in the US (where I'm at) and it sits roughly between 14k-15k since they started being sold. That's pretty rare and I don't see that changing any time soon due to all the issues I've cited and others have cited. I do think the one thing that'll hurt the value (in the long run) is the dumb 4 cylinder model. That vehicle is produced to sell more units and allow more people into the vehicle. While I have nothing against those who purchase that vehicle I just personally wish it wasn't being produced so that you keep the vehicle more "rare and special".

Here's the link to the car sales figures - https://www.goodcarbadcar.net/toyota-supra-sales-figures/


Long story short - just get the car and enjoy it or get something else and enjoy whatever that is. You aren't guaranteed tomorrow so don't waste time fretting over the small stuff. Accept you're setting money on fire buying a car and run with it.

Agree with the majority here in just enjoying what you have and it would be a LONG time before this model is an investment. Doesn't take away from how epic the MKV is though in all aspects!

And some seem to hate on the 2.0, but it's a super small percentage of production (like 15% I believe). I enjoy the more agile feel and the 220 pound difference is very noticeable (coming into and out of each corner). I'm on a E30 tune now (Pro tune from Jesse DaBears) that is right there with a stock 3.0 and using Dragy I'm at 4.1 second to 60mph with just a few logs and far from prefect launches. It's proper quick and really fun in the twisties ;b All the "nice BMW" comments are 99.9% from people that simply can't afford them. Shame some people can't appreciate all cars and not just the brand and model they own...this one's a keeper for me!

 

[Last Lemming]

Sorry, unless your willing to keep the car so long (like 30 years) there is no point worrying about depreciation or long term value, It will depreciate, so just enjoy it, it’s a money loser (like 99%) of all cars, not a money maker.

 

[jmulk]

So people understand my point of view, I don't view the car as an investment. I'd rather just not lose a ton of money to depreciation. That being said it's impossible to tell at this point and especially in this market.
I'll likely buy the Supra in the next week.

 

[ToyoBMW]

Generally if you don't want to lose a ton of money to depreciation, you don't buy a new car. Buy one that's low miles and 3 years old

 

[Thill444]

Generally if you don't want to lose a ton of money to depreciation, you don't buy a new car. Buy one that's low miles and 3 years old

Generally yes. But in this market 1-3+ year old used cars can cost as much or more than a new one. If anyone is going to take a bath on depreciation in a few years it’s people overpaying for used cars. So many people who financed and out little down on used are going to be underwater.

 

[jmulk]

Generally if you don't want to lose a ton of money to depreciation, you don't buy a new car. Buy one that's low miles and 3 years old

Yup that is what I did with GTI, but like other's pointed out that in this market 3 year old cars are selling for close to MSRP. I looked for a used Supra but paying $50k for a Supra with 20k miles and 2/3 of warranty gone makes no sense. Same situation with the Caymans.

 

[Last Lemming]

I know this, when I’m on my deathbed, I’m not going to be regretting if I saved a few grand on any purchase or experience that made me enjoy life.

if you have the disposable income and If you have a passion for cars then buy the car that moves you, and stop worrying about the few grand.

 

[zrk]

I know this, when I’m on my deathbed, I’m not going to be regretting I saved a few grand on any purchase or experience that made me enjoy life.

if you have the disposable income and If you have a passion for cars then buy the car that moves you, and stop worrying about the few grand.

This guy gets it.

 

[SD_MK]

Can't take money to the grave. ??‍

 

[zrk]

Can't take money to the grave. ??‍

You can though.

 

[SD_MK]

You can though.

Selfish.

 

[vb22]

I doubt they reach that number either. Don't think they will sell this platform more than 5 years.

Both the BMW insider on bimmerpost and A70 has said 2026 will be the final model year.

 

[digicidal]

Both the BMW insider on bimmerpost and A70 has said 2026 will be the final model year.

Yeah but when was that written? I remember when it wasn't going to be a problem to get a new GPU because they were going to make plenty of them too - or for that matter when toilet paper wasn't a rare commodity.

Sponsored