I was looking into buying a Supra for about a year or so. Prices seem to be holding quite nicely.
A lot of the Supes out there are about 10-12 year old so I though they would have pretty much depreciated as much as they could, all be it I would expect small depreciation as time goes on.
However since I bought my Supe prices appear to have crashed?
Paid 6k for my 93 J-spec N/a with 52k about 2-3 months ago, which appeared to be the going rate both on here and on Autotrader etc.
Just wondering why there is a sudden slump in the market? Is it the old 'summer car' winter price plummet that occurs every year and then prices drift back up or am I missing something?
To be honest I'm not too fussed if the car halves in value, I've wanted one for years and plan to keep it for a long time too... probably to the point it will be worth next to nothing. I bought it as I love the look etc of the car, not because I thought it would hold value (lets face it what car does!!)
I did think though that because there so old that depreciation would be slowing? Not taking the sudden drop it appears to have over the last few weeks?
Just wondering what everyone thinks is happening with the market to cause this? Loads of imports? Market in general?