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The mkiv Supra Owners Club

Supra prices


lewysdanny
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I think there is a certain level of denial going on in here. The cars age is heading over the 20 year marker and there's relatively loads of them. The market price is driven by the mean. That is an average of the utter piles of dog turd to the pristine. There are increasingly more turds about as the financial position of the country has bitten more and more. I'd have a tendency to agree the marque would have held its values a lot stronger had there been no imports similar in fashion to Honda NSX prices for instance. In the seven years since I sold my last one the price of fuel has rocketed and the economy has slumped twice. If you genuinely believe that the marque has improved its standing in the overall market across that time so that a car can hold respectively the same value whilst racking up miles and age then I sympathise with your self inflicted disappointment.

 

As far as modifications go we all know that financially speaking it is a mugs game. People really do expect something for nothing in the market place and have done for many years. If you want to know the true value of your P&J modification advertise it second hand and see what the real value of it is. Supra brakes seem to me to be the only part that seems to buck that trend. Say you took a 3 grand retrim out of a car and tried to sell it even a week later. You'd be quite fortunate if it got you back a grand.

 

If you want a strong price for a high condition car you need time and fortune on your side. Without both of those things in your favour some shrewd bugger is going to walk away with your hard earned. It's unfortunate but it is true.

 

If this is your opinion sadly all you've done by your comments is to reinforce whats already been said , regarding negative threads on the Supra prices . You also say that there is still relatively loads of Supra around today . There is over 30 million cars on uk roads , and with the amount of Supes therein falls into the realms insignificant numbers , not loads .

If you read the threads you will see that this thread is only an observation from my perspective on prices . What does self inflicted disappointment mean ? as this is just a reality that seems to be prevalent at the moment.......... an observation .

Edited by lewysdanny (see edit history)
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Lewys I think Dangerous Brian makes a valid point. It's scientifically proven that those who own an object value it higher than those looking to buy the same item.

 

Brian's point is that the price of a supra is usually based on the average market price. This forum does not dictate average market prices sadly and like all cars, people start to avoid buying old, high mileage, high performance cars and thus the price falls. There are exceptions of course and indeed I think the Supra has done a lot better than other cars in terms of residual value.

 

 

As for commenting on for sale threads; a lot of people do it and personally it annoys me when they just comment on the price because it adds sod all other than their opinion.

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If this is your opinion sadly all you've done by your comments is to reinforce whats already been said , regarding negative threads on the Supra prices . You also say that there is still relatively loads of Supra around today . There is over 30 million cars on uk roads , and with the amount of Supes therein falls into the realms insignificant numbers , not loads .

If you read the threads you will see that this thread is only an observation from my perspective on prices . What does self inflicted disappointment mean ? as this is just a reality that seems to be prevalent at the moment.......... an observation .

 

It's not an opinion it is a fact my friend. Cars that hold their values or increase them in the face of growing economic down turns and altering market desires need to have a demand that out strips the supply, that is a fact. The supra is not managing this. No amount of holding out or attempted price fixing by a small percentage of owners (you'd need at least 75% of overall owners on board to form a price fixing co-operative for that to work) will be able to push the price of the cars up. A sudden rise in popularity or an even more sudden cessation of supply might see prices rise.

 

If historical evidence is anything to go by there are plenty of supra's available if you look for them and not enough people looking to buy them. They simply would not stay on the market as long as some "hopefully priced" ones do if the market was snapping even poor ones up would they? I don't actually know what the average selling time is for the average car but my guess is that supra's that aren't priced "competitively" are considerably over that average (now that one is an opinion but research is likely to substantiate it)

 

I know what a supra is worth right now as I just bought one. I am particularly impressed with what my money bought me. would I have paid another £500 for it? Nope I'd have bought something else like a BMW M3 instead. £12k gets you a lot these days like a much more modern M3 cabriolet that can manage 30MPG most days as will £9k. £12k will also buy you a BMW 330D cabriolet that admittedly won't be quite as fast as a BPU supra but it will have a roof you press a button to open and not one you have to wrestle into the boot, is much more modern a car and does 45MPG. This is what you are competing with on the modern market.

 

The people that want supra's on the whole by now have one. It is highly unlikely that a scene is going to develop like the VW camper scene for instance that see's the supra catapulted into stardom and suddenly people will pay £10k for a shell that has been rotting for 25 years. The F&F films assisted with the overall exposure but to a certain degree fuelled the import craze which in turn created the glut of cars there is now.

 

As for the argument that there is 30 million cars on the UK roads therefore I have one that is particularly rare then please feel free to go locate a 1993 escort, astra,205, ax gt, sierra etc and then agree to pay £12K for it. Cosworths if looked after maybe but only maybe and they are rarer than hens teeth!!

 

Self inflicted disappointment means exactly what it says on the tin chap! Doesn't need explanation and if it does perhaps that is half the problem.

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As for commenting on for sale threads; a lot of people do it and personally it annoys me when they just comment on the price because it adds sod all other than their opinion.

 

I merely offered seasoned advice. He was offered a price that given my experience and impartial overview I agreed with others was from a trader for a low hassle deal sensible as it goes. I supported my advice with reasoning not opinion and that was all.

 

I could have said nothing and left the OP in his own extremely partial world where firstly he loses a relatively good and simple deal in order to hang onto and have to deal with a vehicle (again I have this experience I "looked after" the Do-Luck aristo for two years which was an absolute ball ache and is now harder due to insurance tax and MoT laws ever tightening not to mention the real estate it occupied for that time) but secondly if the market continues to fall which there is no indication that it won't the cars most likely to suffer are the ones that are until now holding their own as they have the most to lose and nothing really to gain!

 

I shall refrain from commenting further and leave peoples for sale threads alone as some people just don't want to hear the truth.

 

Clearly the emperor is wearing the finest of clothes so please proceed and ignore me :D

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Considering 10 years ago you could pick up TT6's for as low as £6k, I'd say the Supra prices will and are rising. Coupled with the fact the engine has been used in so many different cars if the car as a whole isn't worth as much the car in parts is worth a lot of people. Things like Recaro seats, carbon wheel, big brakes, 6 speed boxes, TT engines alone will command a large premium.

 

Also I wouldn't compare to the modern BMW's, my colleague brought his 335i for £19k and after keeping it for less than 2 years sold it for £11k. You can buy it for £12k now but what will it be worth in 3 years time? They two different types of cars. Of course they aren't the same 'coolness' as a rusty VW Camper Van but they'll hold some value. With every year more and more getting written off, broken for parts they are getting more and more rare. If you go on autotrader you'll find less than 10 MKIV Supra's for sale.

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"the price is too high" comments so everybody can see are exactly the same as taking money out of mans pocket. It should be done by PM and as a coment above stated, its up to the buyer to research the prices and what his budget to pay for a car.

 

Agree.

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It's not an opinion it is a fact my friend. Cars that hold their values or increase them in the face of growing economic down turns and altering market desires need to have a demand that out strips the supply, that is a fact. The supra is not managing this. No amount of holding out or attempted price fixing by a small percentage of owners (you'd need at least 75% of overall owners on board to form a price fixing co-operative for that to work) will be able to push the price of the cars up. A sudden rise in popularity or an even more sudden cessation of supply might see prices rise.

 

If historical evidence is anything to go by there are plenty of supra's available if you look for them and not enough people looking to buy them. They simply would not stay on the market as long as some "hopefully priced" ones do if the market was snapping even poor ones up would they? I don't actually know what the average selling time is for the average car but my guess is that supra's that aren't priced "competitively" are considerably over that average (now that one is an opinion but research is likely to substantiate it)

 

I know what a supra is worth right now as I just bought one. I am particularly impressed with what my money bought me. would I have paid another £500 for it? Nope I'd have bought something else like a BMW M3 instead. £12k gets you a lot these days like a much more modern M3 cabriolet that can manage 30MPG most days as will £9k. £12k will also buy you a BMW 330D cabriolet that admittedly won't be quite as fast as a BPU supra but it will have a roof you press a button to open and not one you have to wrestle into the boot, is much more modern a car and does 45MPG. This is what you are competing with on the modern market.

 

The people that want supra's on the whole by now have one. It is highly unlikely that a scene is going to develop like the VW camper scene for instance that see's the supra catapulted into stardom and suddenly people will pay £10k for a shell that has been rotting for 25 years. The F&F films assisted with the overall exposure but to a certain degree fuelled the import craze which in turn created the glut of cars there is now.

 

As for the argument that there is 30 million cars on the UK roads therefore I have one that is particularly rare then please feel free to go locate a 1993 escort, astra,205, ax gt, sierra etc and then agree to pay £12K for it. Cosworths if looked after maybe but only maybe and they are rarer than hens teeth!!

 

Self inflicted disappointment means exactly what it says on the tin chap! Doesn't need explanation and if it does perhaps that is half the problem.[/QUOTe]

 

 

 

 

 

As it seems you are a permanent pessimist reading your replies, whilst accepting your pov , I,ll only comment on whats relevant to my thread .

I,m of the opinion that a sale thread was designed to sell an item . Not to make negative comments on prices therein. As this can, and does , give the impression that the said item is overpriced . If on the other hand you want to make a point on a sellers price of the item I thought that's what SUPRA CHAT was for .

If you have just bought a Supra, and you know the prices, then make the point that for £500 more you could have bought a M3, or other bmw marques that are more modern than the Supra , pointing out that they have this and that is a pointless view . How can you compare the two . Their worlds apart as well as a newish car to that of a 20 year old . Though theres not much that a new car has today that the Supe doesn't have , and if you are that impressed by the bmw maybe you should have bought one . But no you go and buy a Supra says it all . Who is in denial ?

As regards to people that want a Supe now have one , is absolute rubbish . Theres an 18 year old on here yesterday asking for advice on the best model to buy , and has a £10k fund in place to do so . As long as there are Supra being sold there will be a buoyant market, it just remains how buoyant.

Another point you make is that there are still plenty of Supra available , if you are willing to look is also wrong . As I understand there isn't, as well respected dealers on this forum might confirm . As more and more fall victim to the breakers and being sold elsewhere in Europe.

Even Japan is drying up . I read recently that Jurgon is struggling to source any in Japan , unless paying top dollar , which in turn has to be shown in the price he has to ask on its import into UK.

Finally if a Supra is priced at X and a potential buyer thinks its only worth Y then it goes to bartering . As is the common thing with selling anything , the seller will normally add a little over what they will accept in order to allow bartering . As said before a buyer will only buy what he/she thinks its worth , but that doesn't mean to say that the seller has to accept the amount offered .

And as we are still going through recession i fully accept that theres not much money around , ( I know better than most ) . All anyone will accomplish by constantly knocking Supra prices is to devalue the marque and thus keep prices down .

Edited by lewysdanny (see edit history)
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The prices are dictated by what people are willing to pay. If no one buys your car at the price you've set they you either keep it or lower the price. otherwise someone will come along and buy it. All of this devaluing the supra etc isn't actually true, so I think there is some over exaggeration in this thread. As I said before I do believe that slagging a car off in a for sale thread is a bit bad but being able to defend against these comments with justification of the price etc just strengthens the ad!

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I think supras are cheap to be honest, if you look at the prices other japanese car go for that aren't even a patch on a supra

 

S15 silvia = £10,000

R34 gtt = £10,000

S14 200SX = £5500

Rx7 £6000-£10,000

 

i think we as a community should be pushing the prices up

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My ad has now been withdrawn . A BIG THANKS GOES TO THE PEOPLE THAT LIKE TO HIJACK A SALE THREAD IN ORDER TO FAIL .CHEERS

 

Why not just defend your reasoning. I.e list history, parts. Try to justify it. Blaming people on here and removing it is pointless.

 

For example this aero top is much less:

 

http://m.gumtree.com/p/toyota/toyota-supra-areo-top-twin-turbo-with-manual-gearbox-supplied-bpu-quick-sale-as-going-abroad/1067123046

 

Tell us why yours is worth more.

 

I see comments as an opportunity to sell the car!

Edited by JasonR24 (see edit history)
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I merely offered seasoned advice. He was offered a price that given my experience and impartial overview I agreed with others was from a trader for a low hassle deal sensible as it goes. I supported my advice with reasoning not opinion and that was all.

 

I could have said nothing and left the OP in his own extremely partial world where firstly he loses a relatively good and simple deal in order to hang onto and have to deal with a vehicle (again I have this experience I "looked after" the Do-Luck aristo for two years which was an absolute ball ache and is now harder due to insurance tax and MoT laws ever tightening not to mention the real estate it occupied for that time) but secondly if the market continues to fall which there is no indication that it won't the cars most likely to suffer are the ones that are until now holding their own as they have the most to lose and nothing really to gain!

 

I shall refrain from commenting further and leave peoples for sale threads alone as some people just don't want to hear the truth.

 

Clearly the emperor is wearing the finest of clothes so please proceed and ignore me :D

 

I wasn't referring to you. Indeed I didn't event realise you'd commented on his thread. I've not looked at it. I was making a comment about members on here in general.

 

A number of members are quick to insult a sale thread. Personally is prefer it if people wouldn't comment on price.

Edited by marbleapple (see edit history)
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As it seems you are a permanent pessimist reading your replies, whilst accepting your pov , I,ll only comment on whats relevant to my thread .

I,m of the opinion that a sale thread was designed to sell an item . Not to make negative comments on prices therein. .

 

Well if we really do insist on breaking this down and being argumentative about it then I'll refute this comment. I didn't make negative comments I agreed that a deal that had been offered was in fact a good deal and supported my agreement with statements of fact not emotion or negativity!

 

 

As this can, and does , give the impression that the said item is overpriced . If on the other hand you want to make a point on a sellers price of the item I thought that's what SUPRA CHAT was for.

 

Until banned from doing so people can make their own minds up. It would be wrong to presume the entire nation cannot think or make informed decisions!

 

 

If you have just bought a Supra, and you know the prices, then make the point that for £500 more you could have bought a M3, or other bmw marques that are more modern than the Supra , pointing out that they have this and that is a pointless view.

 

The point here has been missed completely. I said if the cars price had been £500 more than it was I wouldn't have bought it. I would have bought something else and provided examples of what else could be bought.

 

 

How can you compare the two . Their =They're BTWworlds apart as well as a newish car to that of a 20 year old . Though theres not much that a new car has today that the Supe doesn't have , and if you are that impressed by the bmw maybe you should have bought one . But no you go and buy a Supra says it all . Who is in denial ?.

 

This is where anyone selling a car usually falls down. A complete lack of understanding of a market leads to unrealistic expectations. Any given car for sale is not only in competition with others in its own marque but those in other marques especially in a similar price range. To discount this is foolish. There is a hell of a lot that a newer car has that a supra doesn't have albeit these items can and are installed on an aftermarket basis hence the huge market for aftermarket accessories and equipment. I bought an N/A supra because it was £4.5k and ticks my boxes for now, I most certainly wouldn't have bought even a TT for £11k no denial required. I have a BMW as well btw!

 

As regards to people that want a Supe now have one , is absolute rubbish . Theres an 18 year old on here yesterday asking for advice on the best model to buy , and has a £10k fund in place to do so . As long as there are Supra being sold there will be a buoyant market, it just remains how buoyant.

 

Again a bit of selective understanding and argumentative rewording of original quote is going on here. I said on the whole most people that want a supra have one. Providing an example of one person that says they have £10k to spend on a supra obviously refutes the entire point then? Seriously? As there is such a mass of people queuing to buy supras I am dumbfounded as to why it is so difficult to sell at the asking prices unless I am single handedly to blame with my shocking negativity.

 

Another point you make is that there are still plenty of Supra available , if you are willing to look is also wrong . As I understand there isn't, as well respected dealers on this forum might confirm . As more and more fall victim to the breakers and being sold elsewhere in Europe.

Even Japan is drying up . I read recently that Jurgon is struggling to source any in Japan , unless paying top dollar , which in turn has to be shown in the price he has to ask on its import into UK.

 

This isn't a matter of understanding. There are plenty to be found if you go looking for them admittedly there are less now for sale than a year ago but if you look at the ratio of wanted ads to for sale ads and the length of time supra's stay on the market the demand is still lower than supply. That is not an opinion its a researchable fact. The import market will clearly dry up as the cars ceased manufacture and the Japanese prefer newer things so have sold the majority of older car models. It has affected the prices of MK2 aristo's in Japan quite heavily but the value of Mk2 aristo's over here continues to plummet so a rarity in another country won't necessarily support a similar price rise in another country.

 

 

Finally if a Supra is priced at X and a potential buyer thinks its only worth Y then it goes to bartering . As is the common thing with selling anything , the seller will normally add a little over what they will accept in order to allow bartering . As said before a buyer will only buy what he/she thinks its worth , but that doesn't mean to say that the seller has to accept the amount offered .

And as we are still going through recession i fully accept that theres not much money around , ( I know better than most ) . All anyone will accomplish by constantly knocking Supra prices is to devalue the marque and thus keep prices down .

 

Again I will refute the accusation I said any car was overpriced. Dealers have to pay less for a car than the open private market dictates and usually quite a long way below. 18% below the admitted slightly inflated asking price for haggling room from a dealer is not a bad deal at all. If the seller has a self admitted financial situation that requires a quick sale then turning down offers like the one the dealer made is leaving only one person short of easy money.

 

I have deliberately kept this response impersonal as I don't want to be calling people childish names or getting into slagging matches I shall leave that to others.

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The prices are dictated by what people are willing to pay. If no one buys your car at the price you've set they you either keep it or lower the price. otherwise someone will come along and buy it. All of this devaluing the supra etc isn't actually true, so I think there is some over exaggeration in this thread. As I said before I do believe that slagging a car off in a for sale thread is a bit bad but being able to defend against these comments with justification of the price etc just strengthens the ad!

 

:thumbs:

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