RE: £100k Supra!
Discussion
neutral 3 said:
MX6 said:
That's a shame to see, but it's amazing what can be restored, especially now these cars are classics and have value, so hence can be worth putting money into.
Has anyone seen the Supra on the Motion Auto TV Youtube channel? The American chap on there has fully rebuild a Supra to pretty much show car standard from a basket case of a shell that he pulled out of field. I watched it from the start, he pretty much DIY'ed the complete car from, a heroic effort...
That looks great!! Has anyone seen the Supra on the Motion Auto TV Youtube channel? The American chap on there has fully rebuild a Supra to pretty much show car standard from a basket case of a shell that he pulled out of field. I watched it from the start, he pretty much DIY'ed the complete car from, a heroic effort...
Here's what I'd say is an informed and well argued, albeit partisan, case for the best Supras being worth £100k:
http://japanesenostalgiccar.com/marketwatch-damn-s...
"Cars don’t exist in a vacuum, and there’s more to establishing pedigree than just success on a racetrack or having a name-brand automotive designer. The Supra is valuable because it has meaning, and as our society moves ever farther away from the era of audacious analog cars toward a digital, autonomously-driven future, cars like the Supra will only increase in desirability in the years to come."
http://japanesenostalgiccar.com/marketwatch-damn-s...
"Cars don’t exist in a vacuum, and there’s more to establishing pedigree than just success on a racetrack or having a name-brand automotive designer. The Supra is valuable because it has meaning, and as our society moves ever farther away from the era of audacious analog cars toward a digital, autonomously-driven future, cars like the Supra will only increase in desirability in the years to come."
LasseV said:
Yes, you are wrong. OEM parts are exprensive, so turning modified car to stock is not an easy or cheap thing to do. For example i did pay 900€ for newish headlights.
Is it over £75,000 (ish) wrong though? That's my point.Cost mentioned being the difference between what a good/mint condition Supra 'should' be worth (no more than 25k) and the price paid by the guy for this £100k Supra?
No doubt that OEM Toyota parts are going to be expensive as they are not likely in production anymore and they are now a finite resource....BUT, my guess is that there would be enough 'stock' parts in the Toyota parts bin and a raft of 'stock' part suppliers around the world as the Supra had a reputation for being customised. I'm also guessing many people decided not to 'modify' as such and keep their Supra more or less stock, with 'stock' parts when things needed replacing.
So in theory (my theory at least), its never likely going to approach anywhere near £75,000 to turn a modified Supra back to stock....taking the average case of how far modified most Supras are likely to be.
Again happy to be corrected.
I just think it's mainly the low miles (combined with the stock look)
Taking a modified 60K mile car back to stock 'might' make it easier to sell or 'might' net you slightly more but things get silly when the mileage is relatively tiny as there is less and less of them.
So you get general classic price appreciation, but then you get a whole 'no logic' area when it's a barely used old car.
If someone used that for 5 years and put 50K miles on it, it will not retain it's value because of the stock look!
Taking a modified 60K mile car back to stock 'might' make it easier to sell or 'might' net you slightly more but things get silly when the mileage is relatively tiny as there is less and less of them.
So you get general classic price appreciation, but then you get a whole 'no logic' area when it's a barely used old car.
If someone used that for 5 years and put 50K miles on it, it will not retain it's value because of the stock look!
samoht said:
Here's what I'd say is an informed and well argued, albeit partisan, case for the best Supras being worth £100k:
http://japanesenostalgiccar.com/marketwatch-damn-s...
"Cars don’t exist in a vacuum, and there’s more to establishing pedigree than just success on a racetrack or having a name-brand automotive designer. The Supra is valuable because it has meaning, and as our society moves ever farther away from the era of audacious analog cars toward a digital, autonomously-driven future, cars like the Supra will only increase in desirability in the years to come."
The issue I have with this is that up until fairly recently you could get a similar TT 6 cylinder car with a manual from the likes of BMW, so there are analogous analog variations available for a fraction of £100k.http://japanesenostalgiccar.com/marketwatch-damn-s...
"Cars don’t exist in a vacuum, and there’s more to establishing pedigree than just success on a racetrack or having a name-brand automotive designer. The Supra is valuable because it has meaning, and as our society moves ever farther away from the era of audacious analog cars toward a digital, autonomously-driven future, cars like the Supra will only increase in desirability in the years to come."
Now, how many manufacturers have made a high revving, naturally aspirated, mid engine, manual V8 recently?
daveco said:
The issue I have with this is that up until fairly recently you could get a similar TT 6 cylinder car with a manual from the likes of BMW, so there are analogous analog variations available for a fraction of £100k.
Sorry but remapped 335D and 335i coupes with 5+ owners you speak of are in abundance on gumtree and ebay. They have done far too many UK miles, corroding away on British suburban driveways and council estate car parks, generally they give gym rats and junior IT people a taste of 6 cylinder turbocharged power for hot hatch money.A Supra Twin Turbo that has done 7000 miles and unmodified will attract top dollar, a completely different universe of seller and buyer.
TwinExit said:
daveco said:
The issue I have with this is that up until fairly recently you could get a similar TT 6 cylinder car with a manual from the likes of BMW, so there are analogous analog variations available for a fraction of £100k.
Sorry but remapped 335D and 335i coupes with 5+ owners you speak of are in abundance on gumtree and ebay. They have done far too many UK miles, corroding away on British suburban driveways and council estate car parks, generally they give gym rats and junior IT people a taste of 6 cylinder turbocharged power for hot hatch money.A Supra Twin Turbo that has done 7000 miles and unmodified will attract top dollar, a completely different universe of seller and buyer.
https://www.pistonheads.com/classifieds/used-cars/...
And you're right about a low mileage Supra attracting a different type of buyer. One who seems to think that low mileage is enough for a car to command a huge premium when it has little else that differentiates it from a lot of other metal.
The majority think that buyer is foolish to buy it, but then he probably has more money than sense.
A few years ago someone popped up on the Nobel forum. He'd just bought an M12 for say £25k and a week or so later he had it up for sale at say £30k. He tried to argue that everyone should thank him because it meant he'd just increased the value of everyone's M12 by £5k.
Hmmm.. in your head maybe.
Hmmm.. in your head maybe.
daveco said:
And again, M4s are in abundance and is a mainstream product, the vastly older, slower, less useable E30 M3 is not and therefore commands high prices. daveco said:
And you're right about a low mileage Supra attracting a different type of buyer. One who seems to think that low mileage is enough for a car to command a huge premium when it has little else that differentiates it from a lot of other metal.
The majority think that buyer is foolish to buy it, but then he probably has more money than sense.
Low mileage aligned with its condition and the lack of availability in the market, it is one of few about as new as it can get other than the examples sitting in the Toyota museum in Japan. The majority think that buyer is foolish to buy it, but then he probably has more money than sense.
You cannot differentiate collector grade vehicles of historical/cultural significance to that of commodity motors on ebay. I am sorry but that's your problem, and no amount of veiled insults to buyers who can afford to purchase expensive examples of cars makes your shaky position any more convincing.
TwinExit said:
daveco said:
And again, M4s are in abundance and is a mainstream product, the vastly older, slower, less useable E30 M3 is not and therefore commands high prices. daveco said:
And you're right about a low mileage Supra attracting a different type of buyer. One who seems to think that low mileage is enough for a car to command a huge premium when it has little else that differentiates it from a lot of other metal.
The majority think that buyer is foolish to buy it, but then he probably has more money than sense.
Low mileage aligned with its condition and the lack of availability in the market, it is one of few about as new as it can get other than the examples sitting in the Toyota museum in Japan. The majority think that buyer is foolish to buy it, but then he probably has more money than sense.
You cannot differentiate collector grade vehicles of historical/cultural significance to that of commodity motors on ebay. I am sorry but that's your problem, and no amount of veiled insults to buyers who can afford to purchase expensive examples of cars makes your shaky position any more convincing.
It wasn't a veiled insult to the buyer, it was an insult.
Just as you generalized and insulted E92 335d/335i owners.
And an E30 M3 was a homologation special with a substantial race history and a unique engine, so you cannot compare one of those with a FI 6 cylinder car with little to no racing pedigree that shares a lot of its parts with a few other Toyotas/Lexus models.
Granted the Supra appeals to me and the rest of the Gran Turismo/Fast and the Furious generation, but it is not a £100k car for the vast majority of people .
TwinExit said:
Sorry but remapped 335D and 335i coupes with 5+ owners you speak of are in abundance on gumtree and ebay. They have done far too many UK miles, corroding away on British suburban driveways and council estate car parks, generally they give gym rats and junior IT people a taste of 6 cylinder turbocharged power for hot hatch money.
<chortle>
daveco said:
Whereas you are convincing how many people in this thread your points are valid?
It wasn't a veiled insult to the buyer, it was an insult.
Just as you generalized and insulted E92 335d/335i owners.
And an E30 M3 was a homologation special with a substantial race history and a unique engine, so you cannot compare one of those with a FI 6 cylinder car with little to no racing pedigree that shares a lot of its parts with a few other Toyotas/Lexus models.
Granted the Supra appeals to me and the rest of the Gran Turismo/Fast and the Furious generation, but it is not a £100k car for the vast majority of people .
The vast majority of people don't matter though. The small pool of buyers after one of these will pay top dollar. It's not just Supras, most 90s/20s Japanese cars command a premium nowadays. Go look at prices of Skyline R34s, Evo 6 TMEs, Subaru 22bs, RX7, etc.It wasn't a veiled insult to the buyer, it was an insult.
Just as you generalized and insulted E92 335d/335i owners.
And an E30 M3 was a homologation special with a substantial race history and a unique engine, so you cannot compare one of those with a FI 6 cylinder car with little to no racing pedigree that shares a lot of its parts with a few other Toyotas/Lexus models.
Granted the Supra appeals to me and the rest of the Gran Turismo/Fast and the Furious generation, but it is not a £100k car for the vast majority of people .
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