Crystal Ball Time... Evora depreciation

Crystal Ball Time... Evora depreciation

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Discussion

UpTheIron

Original Poster:

3,996 posts

268 months

Wednesday 3rd January 2018
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Interloper from the TVR forums here... currently have a Tuscan S with 4.5 upgrade but am seriously considering an Evora.

Mileage will likely be minimal, few thousand a year at most.

Where do people think prices might be in say 3 years for a £30k-ish S or a £60k-ish 400? I prefer the look of the 400 but can't help thinking the S would be a much safer bet?

Maybe even an S as a stepping stone now (probably not far off a straight swap for then Tuscan), and a 400 in a year or two if the consensus is prices are likely to tumble.

At £60k I'm into 996/7 GT3 territory (well almost) which feels like a safer home in financial terms (but would probably end up being £80k!)

p4cks

6,909 posts

199 months

Wednesday 3rd January 2018
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I actually can't see them moving very much at all.

Mileage seems to be the best way for them to depreciate but even then you're not talking much, relatively speaking.

Thorburn

2,399 posts

193 months

Wednesday 3rd January 2018
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p4cks said:
I actually can't see them moving very much at all.

Mileage seems to be the best way for them to depreciate but even then you're not talking much, relatively speaking.
The Evora 400 will gradually drop, but generally all Evoras seem to have held a minimum price of close to £30k for years now, unless very low spec or high mileage. I can see the early non-S cars creeping down towards £25k for most examples, but then I've been saying that since I was looking at buying one 4-5 years ago.

While you have new cars being produced you're always going to have downward price pressure as new cars are produced. Best thing that could happen to Evora 400 residual prices would be the model being discontinued and a GT430 Sport style model going into non-limited production around £100k. The 400 effectively did the same to the Evora S - upgraded specs, but uplift in price as well, so didn't have as big an impact on residuals for the old model.

TheAlastair34

369 posts

128 months

Friday 26th January 2018
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price seem stable and the only low priced ones ive seen are high milers 80k+ think there was one above 100k recently sold

think it helps the lower priced cars the price of the newer models to be fair being sometimes 3 times the price!

AlistairF

49 posts

156 months

Sunday 11th February 2018
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Longer production periods will ave an affect but supply/demand is the big factor behind depreciation.

I have an Evora S which in pure number terms had a low production level, so although the 400 is a better car, the S is still a great drive and I suspect S prices may remain robust because of their more classic look and a finite availability.