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Discussion in 'Pricing, Ordering, Negotiating' started by kona61, Jan 14, 2019.
Keyword is *recently* and not an *overall* appreciation
Any allocations left in the TX area? Am I too late for this model year?
So tell me, what were the prices like in 2009? And, what would the price of the Supra be if it were brand new today (conversion of 1990's money). It would still be less than it's original asking price.
How so? Can you elaborate more on this?
I could go into much more detail on this but the MKIV is one of the few models that hold their value well over the years, more so than 99% of other cars
It falls under the perfect storm for a future classic even though it's a Japanese car; low production numbers, very expensive when released, perfect sports car ingredients, only available from 93-98. If you follow the exotic car hack trend, sports cars depreciated, bottom out, then start to rise. I'm still kicking my self in the ass for not buying my friend's 94 Hardtop 6 spd TT when he was selling it to buy a GTR. He was selling it for 22K (back in 2012) and I thought that was too much given it had 143K miles, missing a VIN tag on the passenger door, seats were ripped, paint was oxidized, valve stem seals smoking during start up etc.
This is my friend Frank Guerrero's MKIV. Back in the days, nobody wanted them and little by little, the dealership started marking them down. Now he has 4 MKIV's (2 Quicksilvers, a IJM and a black 6 spd TT). They are mint, the 2 QS are bone stock, very low mileage and are easily worth over 150K each. He also has a black NA NSX.
Which is rarer in unmolested form, an AE86 or a JZA80 Supra? It’s hard to say, but for this year at least, the judges awarded Frank Guerrero with the Best Original/Restored award for his 1998 Quicksilver Supra Turbo. Since Supras are often judged by their horsepower numbers, it was great to finally see an owner get some much deserved recognition for preserving an endangered species.
The same thing with Ferrari's. I remember seeing clean F355 Berlinettas for 30K, F360's in the 50's and gated F430's in the 60K range. The same thing with the NA1 NSX before the 2nd gen NSX came out. Those were upper 20's to mid 30's for manual hardtops.
Before Magus Walker and the Luftgekühlt movement, air cooled Porsches were also very cheap. Now look were they are at now.
Most banks would lend up to 20 yrs from the MY so getting them while they were low because they are worth a lot now. Anything after 20 yrs would have to be cash or through a classic car lender like Woodside, JJ Best, etc. I wish I could have took advantage of them back but I was getting my career started.
I hope you are right, but is there any indication as to production numbers of the Non-Launch versions?
Scarcity creates demand, which drives appreciation. If these are readily available at every lot at MSRP (talking about the non-launch of course), I don’t see a situation where the pre-owned vehicles are selling at a premium to the new ones. (Unless of course you are talking about time capsuling it and selling it in 30yrs with a few thousand miles on it.)
Toyota is in business to make money, the more cars they sell, the more money they make from the sale, as well as the future service....
Again, I hope you are right and all of us on the forum get our cars and the prices skyrocket....
This dude (justbake) is the very definition of opinionated. Only 1 person can be right, and that ain't you! lol
I'm on your side, I think this Supra has the very formula of a "classic" car. Just to give an easy, sound argument, look at the early release in the UK to put a deposit on the car. Within days they were done taking orders. The US is the biggest consumer of Toyota, and I'm sure Toyota NA will sell out as soon as they give the notice to put in deposits. I think they established this when they released the commercial during the Super Bowl. How else will you get the attention of 98.2 million Americans! lol
The Super Bowl commercial was a very smart move to bring those who are not aware that Toyota brought back a new Supra. This is my take on the A90. Toyota/Magna wants to manufacture a lot of MKV's, I think somewhere in the range of 11K/year. Initial demand will be high (like any new car) with ADM and the Launch Editions with only cosmetic upgrades, no suspension and performance deviation and on a non-limited produced vehicle won't hold any value later on. That's all clever marketing to fool the consumer.
I'm still waiting for the reviews from regular joes to review the MKV. I believe it'll be a fun car to drive, a bit boring w/out a 3rd pedal but honestly, I don't see the MKV as being a classic. The shared platform and the non-limited production number would hinder the MKV. In the U.S alone, from 93-98, only 11,239 Supras were sold and out of that, only 3,712 were 6 speed TT's.
I see. Makes a lot of sense what you're bringing up. In that case, I wonder if the real "limited" Supra MKV's will be what's being talked right now, with TRD releasing their cosmetic upgrades. I'm sure they will also be releasing performance upgrades. I'm sure all Toyota is doing is waiting to see how many of these Supras will sell, how the public will take them, and the reviews they will get.
Like that video that you posted with Jay Leno, he briefly said he liked it. And there are other celebrities that they've used to test the MKV, i.e. F1 racer, Fernando Alonso. I guess they're setting it up to release that "classic" Supra. So far, I've only read/heard good things about the A90. All the bad is just angry fans that don't like the merge between BMW & Toyota...
Even if the A90 got rave reviews and followed the same production cycle and mediocre "Release Series" that the GT86 did, then it'll be just a great sports car, nothing more, nothing less. So far, they are not following that route because of the GT4 concept version, so Toyota came to play. Now, if Toyota offered a limited edition GT4 street version that had the sports car recipe then that'll be the meal ticket.
Hm, maybe another GT4 would be good...
Hopefully with a stronger shock tower and a stronger 3rd gear synchro.
Whats your problem? Desmo and I were agreeing..
Yea I don’t jump it more than once a day, but I do love me some power shifts.