RE: £100k Supra!
Discussion
Atomic12C said:
I for one don't see the logic in thinking that a 20+ year old now very much outdated Toyota, ....... would sell for anything more than £20k ?
I think the logic goes that this one did sell for four times that amount and there are ten worse examples on eBay advertised for more than £20k. That seems to suggest that thinking a Supra would sell for for more than £20k isn't just the logical conculsion but actually quite an obvious one. Ferrari 355 manual for similar money!!
https://www.pistonheads.com/classifieds/used-cars/...
I know what car I'd be spending my hard earned on...
https://www.pistonheads.com/classifieds/used-cars/...
I know what car I'd be spending my hard earned on...
daveco said:
Ferrari 355 manual for similar money!!
https://www.pistonheads.com/classifieds/used-cars/...
I know what car I'd be spending my hard earned on...
I couldn't say no quickly enough for that Supra, or yes quick enough for that 355!https://www.pistonheads.com/classifieds/used-cars/...
I know what car I'd be spending my hard earned on...
Atomic12C said:
There are some dumb people with money, and then there are some truly dumb people with money !
I for one don't see the logic in thinking that a 20+ year old now very much outdated Toyota, of which many were built and are still owned around the world, and of which numerous collection houses will have pristine examples to go a view if you so much desire, would sell for anything more than £20k ?
You will be one of many millions but it only takes a few tens of people to have the other view. 'Logic' goes out of the window once a Used car starts to creep up to or over it's original sale price and there are new cars of comparable performance/comfort/quality. But this is true of all classics again £100K E type vs £100K F type?I for one don't see the logic in thinking that a 20+ year old now very much outdated Toyota, of which many were built and are still owned around the world, and of which numerous collection houses will have pristine examples to go a view if you so much desire, would sell for anything more than £20k ?
Atomic12C said:
It would surely have been much more cost effective to have gathered the parts and hired a mechanic to assemble a fully working model than fork out over 100k USD ?
Loads of discontinued bits and even if not I think it would be close to this price doing it that way! Atomic12C said:
Alternatively , is the Toyota Supra a piece of collection 'art' ?
No, I don't think so. For any enthusiast its more or less worthless if your not going to be able to drive it.
Can't disagree but this can be labelled at most other classics. Toyota is not a brand synonymous with valuable classics but then there is the 2000GT? (appreciate only few very built of these!)No, I don't think so. For any enthusiast its more or less worthless if your not going to be able to drive it.
anonymous said:
[redacted]
It all depends what you intend to do with the car. For a well looked after collectors item it's priced accordingly to its condition and will likely hold its value for years to come.OTOH, if you were to just have the car thrashed around some industrial car park at 2 AM and rack up hard weekend miles then you're going to devalue the car doing so.
Smokey32 said:
Seeing that F355 really puts it into perspective.
No it doesn't, the F355 has done 44'000+ miles, over 6 x the miles of the Supra and most likely hard weekend thrash miles.The car has probably been exposed to the UK climate for far too long, so the metal work will be no where near a collectors grade car.
Supra is a dream car for me. TwinExit said:
Smokey32 said:
Seeing that F355 really puts it into perspective.
No it doesn't, the F355 has done 44'000+ miles, over 6 x the miles of the Supra and most likely hard weekend thrash miles.The car has probably been exposed to the UK climate for far too long, so the metal work will be no where near a collectors grade car.
Can you honestly say you'd prefer a Supra you can't drive for fear of damaging its value, or a naturally aspirated, high revving V8 Ferrari with an open gate gear shift??
The Ferrari will be worth far more in 5-10 year's time even with 10 times the mileage that Supra has.
Edited by daveco on Friday 4th January 15:20
k himself, and when he gets back from that, he can go fdaveco said:
There are 355s for sale with over 100k miles on the clock going for £70,000. Mileage doesn't harm their residuals too badly.
Can you honestly say you'd prefer a Supra you can't drive for fear of damaging its value, or a naturally aspirated, high revving V8 Ferrari with an open gate gear shift??
Whoever has bought the Supra either has no intention of driving it much, or is wealthy enough to take a hit of the re-sale value to experience the car as closely as when it was new.Can you honestly say you'd prefer a Supra you can't drive for fear of damaging its value, or a naturally aspirated, high revving V8 Ferrari with an open gate gear shift??
How do you know if the buyer already owned/driven a F355, let alone a tired 100k mile example that has sat in the salty UK roads for 20 years?
All these comments about 'oooh you coulda bought this for the same amount of cash' are just people who are not in the position to comfortably buy and play with cars at that price point.
The whole 'value for money' aspect is not applicable here.
Interesting, many performance cars from the '90's are well into classic car territory now, but that price looks somewhat absurd.
There's certainly a nostalgia out there for these Japanese sports coupes of the Fast and Furious generation. Supra's, GT-R's, NSX's, have gone up significantly and that has pushed up prices across the board. I'm nostalgic for when cars like a 200SX were a just cheap RWD turbo coupe platform to modify and dick about with, now they are classic cars with corresponding price tags...
At least I could still buy my MX6 for £430!
There's certainly a nostalgia out there for these Japanese sports coupes of the Fast and Furious generation. Supra's, GT-R's, NSX's, have gone up significantly and that has pushed up prices across the board. I'm nostalgic for when cars like a 200SX were a just cheap RWD turbo coupe platform to modify and dick about with, now they are classic cars with corresponding price tags...
At least I could still buy my MX6 for £430!
I think the mileage issue is key here, you can get a 40K mile Supra (which is to someone who actually might use the car is really not that different to 5K miles) for around £30K + shipping/vat/duty direct from Japan.
A 355 with tiny mileage would be a whole chunk more than £95K. So it's a freak sale really?
A 355 with tiny mileage would be a whole chunk more than £95K. So it's a freak sale really?
The paint on the bumper is how they come from the factory. The bumper is made from a flexible polyurethane type material (for weight reduction, this generation of Supra was over 100kg lighter than it's predecessor) and so the paint sits differently on the surface compared to the metal panels.
I paid £10000 for my Supra around 2 years ago and would value it in today's market at around £25000 (1996 J-spec Twin turbo facelift auto, 65000 miles). Not a bad return if I decide to sell it, right?
I see many people complaining that it's too much or that they'd never pay that much for 'some Japanese car from the 90s'. I agree, neither would I, but more due to not having £100k to spare than because I didn't feel the car was worth it. Lets not forget we were saying the same thing about E-types at one point. I can still remember my dad walking away from buying an E-type for £20 as he felt it was too much money - he brings it up often saying it was one of the worst mistakes of his life.
If there is a market willing to pay £100K for the very best example I don't see why we should be surprised. Every generation seems to have it's own halo cars that are raised above the rest, and which members of will pay over the odds for to own a bit of nostalgia from their childhood. Just look at what happened to the prices of Sierra Cosworths, 205 GTIs etc a few years ago. The prices will eventually steady and gradually decline as the owners inevitably either get too old to drive them or pass away, and the interest in the vehicle declines as younger generations are not willing to take on the ownership because they are more interested in cars from their own childhood (for the most part, I know there are some younger drivers who are into classic cars).
To enthusiasts of the 'Gran Turismo' generation such as myself, a Supra is a far more appealing and dynamic vehicle than an E-type (rarer too, 45000 made compared to 70000). The difference is that many of us now have the means to buy we lusted after as kids, which has spurred the market on.
In ten years time I wouldn't be surprised if we are still here having the same discussion because a Supra has sold for £200000!
I paid £10000 for my Supra around 2 years ago and would value it in today's market at around £25000 (1996 J-spec Twin turbo facelift auto, 65000 miles). Not a bad return if I decide to sell it, right?
I see many people complaining that it's too much or that they'd never pay that much for 'some Japanese car from the 90s'. I agree, neither would I, but more due to not having £100k to spare than because I didn't feel the car was worth it. Lets not forget we were saying the same thing about E-types at one point. I can still remember my dad walking away from buying an E-type for £20 as he felt it was too much money - he brings it up often saying it was one of the worst mistakes of his life.
If there is a market willing to pay £100K for the very best example I don't see why we should be surprised. Every generation seems to have it's own halo cars that are raised above the rest, and which members of will pay over the odds for to own a bit of nostalgia from their childhood. Just look at what happened to the prices of Sierra Cosworths, 205 GTIs etc a few years ago. The prices will eventually steady and gradually decline as the owners inevitably either get too old to drive them or pass away, and the interest in the vehicle declines as younger generations are not willing to take on the ownership because they are more interested in cars from their own childhood (for the most part, I know there are some younger drivers who are into classic cars).
To enthusiasts of the 'Gran Turismo' generation such as myself, a Supra is a far more appealing and dynamic vehicle than an E-type (rarer too, 45000 made compared to 70000). The difference is that many of us now have the means to buy we lusted after as kids, which has spurred the market on.
In ten years time I wouldn't be surprised if we are still here having the same discussion because a Supra has sold for £200000!
Edited by jimjam92 on Saturday 5th January 02:02
Anyone want to buy mine for £100k please get in touch :-)
The rear bumper paint is likely not to be an issue. It’s due to the shape of the bumper and light reflection at certain angles with pictures taken on a camera rather than normal viewing. I have a similar picture taken of my car last year on a sunny day with light reflections whilst I was looking at & it looked perfect to me - that might sound weird but just giving my experience.
Obviously I am biased but Mk4 TT Supras are fantastic cars and way ahead of their time. I think their appeal is that across the showroom was a Corolla so the fact they made cars like this is nuts, like the GTR today. Jap cars are marmite but IMO the Supra’s styling is iconic.
I guess something is only worth what someone is going to pay and that one buyer who wants to spend £100k has bought so the same car on another day might not make half that price. It’s a game and a gamble rather than something solid to make a comparison with but that’s what the whole classic car market is based on.
MX6 said:
Interesting, many performance cars from the '90's are well into classic car territory now, but that price looks somewhat absurd.
There's certainly a nostalgia out there for these Japanese sports coupes of the Fast and Furious generation. Supra's, GT-R's, NSX's, have gone up significantly and that has pushed up prices across the board. I'm nostalgic for when cars like a 200SX were a just cheap RWD turbo coupe platform to modify and dick about with, now they are classic cars with corresponding price tags...
At least I could still buy my MX6 for £430!
The Supra TT when new retailed approx £40k back in 1993, the NSX between £60k-£70k+ between 1991-2002, and the Skyline GT-Rs around 40-50k. Taking account of inflation, demand among collectors, and the amount of 'near new' examples left, that Supra being sold in the US is not entirely OTT.There's certainly a nostalgia out there for these Japanese sports coupes of the Fast and Furious generation. Supra's, GT-R's, NSX's, have gone up significantly and that has pushed up prices across the board. I'm nostalgic for when cars like a 200SX were a just cheap RWD turbo coupe platform to modify and dick about with, now they are classic cars with corresponding price tags...
At least I could still buy my MX6 for £430!
There has been a noticeable rise in presentable / looked after 90s Japanese performance cars as there are few left, rewind 15 + years ago, these were in abundance and were cheap, but many since have died or chopped up for parts due to all the 'modified and dicking around' mentality of owners back the day, then there is the UK climate on grey imported cars.
TwinExit said:
No it doesn't, the F355 has done 44'000+ miles, over 6 x the miles of the Supra and most likely hard weekend thrash miles.
The car has probably been exposed to the UK climate for far too long, so the metal work will be no where near a collectors grade car.
Really? Go and buy a fantastic nic supra for 100k then and we can all laugh at you.The car has probably been exposed to the UK climate for far too long, so the metal work will be no where near a collectors grade car.
40k miles in 20 years. it could of easily been driven in only dry summer days and some road trips in Europe. Its a Ferrari, and a manual and just look at it. The other is a Toyota.
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