Used Supra Prices

[Armandohh]

I was looking to buy a used Supra within the next few months here in California and wanted to see if anyone thinks that prices will drop with the release of the 2023 manual model. Right now here in Northern California 2020 3.0 models are going for about 55k - 58k for low mileage and 2021 models are hard to find and are priced pretty high as well. I was going to pull the trigger on a 2020 3.0 with 10k miles for 57k sticker price but don't know if I should wait out.

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[Willow1308]

Prices have already started to drop… and more than likely have peaked…

Currently more than 400 used Supras on the market…

With a bit of polite negotiation…$50K to $52K will buy a low mileage stock (non-modified) Supra 3.0 with a clean Carfax …

if you’re willing to accept a higher mileage multi-owner Supra… a sub $50K price should be easily obtainable…

Pre-owned Supras are just not rare anymore …

Spend some time on Cars.com …. eBay Motors … Autotrader.com … etc …

….

 

[Munkeeboi]

no...they will just stay the same and add more of a premium to the price of the Manuals...lol...

as said above, the price will probably continue to go down as the used supply grows and will likely grow with some people selling to go with the manual...because....Sports car....

 

[B58_ hwAyaq]

2022s didn’t really start becoming available until late 2021. If 2023s offer a manual option, that pattern could continue, and we won’t see them until late 2022. And even then, we still don’t know what trim levels will have a manual, so that could impact demand. If it’s 2.0 or 3.0 base only, not likely to affect 3.0 premium or special editions more than typical market factors.

 

[kaj]

FWIW I just bought a base 2021, with safety/tech package, for $59k with 2006 miles on it. I talked them down from $64k. It took me forever to find a base model.... a year, to be exact.
Seems reasonable in today's market.

 

[Kaitain]

FWIW I just bought a base 2021, with safety/tech package, for $59k with 2006 miles on it. I talked them down from $64k. It took me forever to find a base model.... a year, to be exact.
Seems reasonable in today's market.

ouch… I paid $60k even for my 2022 Premium with the only addition you can add to it…. The $60k was including the factory PPF, destination and other little addons….

 

[kaj]

ouch… I paid $60k even for my 2022 Premium with the only addition you can add to it…. The $60k was including the factory PPF, destination and other little addons….

Yep. Welcome to the looniness that is 2022
I forgot to mention my car does have the PPF, if that adds much to the price.

 

[Schang105]

If not in a hurry, I'd suggest waiting until winter or spring '23 to shop one. With the cooling market the speculators who bought new hoping to flip at a premium will get crushed and nice discounts will be a available as the supply of new builds up from lack of attractive rates. Just my 2 cents.

 

[Cptnslo]

I am not sure if that will happen or not, I agree that the market is cooling off but there is also still a chip shortage and that wont be overcome anytime soon. That's still going to lead to vehicle shortages and the ability to tune 20s and some 21s etc will be a contributing factor. The rate factor will definitely come into play though.

 

[kaj]

If not in a hurry, I'd suggest waiting until winter or spring '23 to shop one. With the cooling market the speculators who bought new hoping to flip at a premium will get crushed and nice discounts will be a available as the supply of new builds up from lack of attractive rates. Just my 2 cents.

I agree. Don't be like me. I jumped on this one because it took a year to find. At 1.9% interest, I didn't mind paying a bit more.
In the end, I'm probably still paying less than some that initially paid a lower price for theirs. ?

 

[B58_ hwAyaq]

I am not sure if that will happen or not, I agree that the market is cooling off but there is also still a chip shortage and that wont be overcome anytime soon. That's still going to lead to vehicle shortages and the ability to tune 20s and some 21s etc will be a contributing factor. The rate factor will definitely come into play though.

Agreed.

Cooling ≠ Dropping off a cliff

 

[Cptnslo]

Agreed.

Cooling ≠ Dropping off a cliff

Less than 1% over a month is still pretty dam impressive lol this also will be interesting to see in a few months once they realize vehicle shortages are still going to continue to be a thing.

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