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

[Axix23]

i would say in about 20-30 years, if you have a mint low miles one, you will maybe make your money back. If unmodded......

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[2JZ-No-Sh*t]

But they end up appreciating back to MSRP or above 10 years later with low miles... (S2000, NSX, etc were barely selling their final years)

But we're just in the second year and we have dealers taking upwards to $10k off.

 

[Axix23]

But we're just in the second year and we have dealers taking upwards to $10k off.

well, you also got thousands of people dying from the virus. Alittle hard to compare with the previous cars too

 

[XtremeMaC]

well, you also got thousands of people dying from the virus. Alittle hard to compare with the previous cars too

and worried about making large investments...or any at all, because they may get let go or don't have savings, maybe already dipped into their savings, etc..
Prime example to compare would be C8. but of course we knew from the start that sales figures of C8 would be much higher than Supra... yet trend of it can show us how it stacks up in a Covid world..

 

[2JZ-No-Sh*t]

well, you also got thousands of people dying from the virus. Alittle hard to compare with the previous cars too

I guess the C8 didn't get that message.

Edit: Since we're on the topic GM moved 21,627 units last year, and that's with the storage and factory shut down.



Not directed towards Axix23, but before a certain someone calls me a troll I don't think the normal C8 will have great resale or be a huge collector item either. Simply because they're are too many copies. The only exception will probably be Z06, ZR1 ect.

 

[XtremeMaC]

 

[vb22]

It’s odd: perhaps high on used, but not in new.

Carmax sells new cars. Man have I been living under a rock. lol ?

 

[supraboi]

I also think it depends on the production and sales numbers. For example:

Pretty rare and cost an arm and leg.
FD RX7: 13,879
A80 Supra: 11,446
Acura NSX: 8,949

Dime and a dozen on Craigslist.
3000GT: 86,151
300ZX: 89,156

If they can continue to move around 6k a year that would give us a total of around 36k units for a 6 year lifecycle.

 

[gymratter]

I think it will depreciate just like how the Z4 coupes of the past have.

low mileage E86s are +/- $30k cars.

 

[H2O_Doc]

Carmax sells new cars. Man have I been living under a rock. lol ?

New Toyota’s in MD and Wisconsin. The used to sell new Jeeps at their location outside of Atlanta.

They will order vehicles with zero down. I almost did my Supra that way. Did a Tacoma through them to get a manual.

 

[autopc25]

Odd. Carmax, a company that likes to move cars quickly, has a number of 2020s and the are all at or above $49k. And even more strange, this is a couple hundred buck less than what they are selling new ones for (albeit, there is the rebate driving that price down).

Every new model year with significant improvements should cause the previous model to take a hit. Your right the rebates do not help resale either.

Saying that, the first Supra I test drove was a 2020 Launch Edition with barely 900 miles on it. It was at a Carmax and they had it for $50K and it sold in about a week. I was surprised it sold so fast. This was back in early October 2020.

 

[autopc25]

Usually cars that sell way under MSRP don’t hold value with the exception of a few cars.

But we're just in the second year and we have dealers taking upwards to $10k off.

The $10K off is on left over 2020 models which are over a year old. Toyota helped tanked 2020s more by offering a 2021 with significant improvements and not raising the price. For the same price no one wanted the 2020s after the improvements to the 2021. Toyota had to offer huge rebates and 0% which hurt resale for anyone who paid msrp. The 2021s got some rebates also but that seems to have ended Jan 2021. In the Chicago area market anyway. Toyota has openly said they intend on making significant improvements to the Supra every model year. Previous models will probably take a hit if the new model is better and more desirable. Supposedly Toyota makes announcements for the new model year Supra in about Feb. Without the previous rebates from Dec 2020 it makes more sense to wait for new announcements and info on the 2022 before committing on a 2021. For me anyway. I have other fun cars to drive. And it's winter, I would not be driving a new Supra even if I bought one today. For a few more months anyway. In the mean time the $50-$60K for the Supra is making me a little more cash.

In retrospect a left over 2020 for $10K off and 0% is a great deal. Not only for the huge cash discount but the free money. I believe $45K-$50K would probably make 5% conservatively.

 

[Bundy]

No one wanted the 2020s...

Unless you want a Supra that is easily tunable

 

[dethred]

But we're just in the second year and we have dealers taking upwards to $10k off.

They couldn't give away the NSX or S2000's towards the end of life. Lack of sales now isn't at all an indicator of future value (unless we're talking about serious garbage like the Acura ZDX or whatever that crossover was called).

For instance, the Focus RS is for sure going to shoot up in the next 10 years for clean, stock, low mile cars. By 2018 they were begging for people to take them off the lots, probably mostly due to the Head Gasket issues (not really a concern used).

 

[autopc25]

Unless you want a Supra that is easily tunable

True, some 2020s might be more desirable for anyone who wants to tune right away. Apparently the number for that type of buyer was not enough to empty dealer lots without factory cash incentives. With the cash and 0% a 2020 is a great deal for anyone who does not care about the 2021 improvements or is budget conscious. I'd take a left over 2020 3.0 over a 2021 2.0 for about the same money. Unfortunately I like how the 2021 3.0 drives more. Not for the power but for the suspension and chassis tuning. I am willing to pay a little more for that.

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