RE: £100k Supra!

Wednesday 16th January

£100k Supra, now £390k!

Following the buzz of the Mk5 Supra's reveal, this dealer thinks it can make an even larger fortune...



UPDATE - 16.01.2019

In the week that we welcomed the new Toyota Supra to the world, one Chicago dealer has decided it can make a quick buck - or rather, many bucks - by taking advantage of all the buzz and selling a certain immaculate Mk4 for half a million dollars.

Yes, this is the car we saw sold for an already astonishing £100k just a few weeks ago, ramped up so it's now being offered for over £110,000 more! Could this be evidence of surging Supra prices following the launch of the new car? Erm, no, probably not.

More likely, this is Chicago Northside Toyota hoping to draw as many eyes to its website and dealership to ride the wave of excitement following the Mk5 model's arrival. It's certainly worked. But given that there's a decent enough Supra on sale on PH of a fifteenth of the price, it's a bit pie in the sky.

ORIGINAL STORY - 04.01.2019


Low mileage, impeccably maintained dream cars of the 90s and 2000s selling for lots of money isn't that new: see the £130k E39 M5 and £50k Integra Type R as prime examples. That said certain results are still surprising, and arguably none more so than this: a Mk4 Toyota Supra has sold in America for $121,000. At today's exchange rate that £95,000. Crumbs.

Predictably enough the Supra is an exquisite example of the A90 generation: registered in 1994, the manual car has covered just 7,000 miles in a quarter of a century. The interior, paint, wheels, every single aspect of the car in fact, is unmolested and totally standard. It's a targa top rather than a full coupe, which means it's one tick off the bingo card full house, but it still looks rather special.


Whether it looks good value, however, is a very different question. There's no doubt that Supra values have been climbing in recent years on both sides of the Atlantic, and a certain fervour will have been created with the A90 imminent. The appreciation of its contemporaries, cars like the Skyline GT-R and Honda NSX, should also be taken into account as well. Plus the fact that Supras for sale currently in the US are commanding big bucks. That makes the situation easier to explain perhaps, but still difficult to fully get your head around.

Still, the car has been bought, so somebody deemed it an appropriate sum of money and, similarly to the Evo featured on PH earlier this week, Supras like this one must be getting scarcer by the day. Those who have their hearts set on the very best examples of these Japanese icons will now have to pay more than ever for them, then. Bring on the £20k Almera GTI... 


Author
Discussion

irocfan

Original Poster:

17,954 posts

127 months

Friday 4th January
quotequote all
Insanity

WCZ

6,110 posts

131 months

Friday 4th January
quotequote all
nuts. horrible interior and not even a turbo (correct me if i'm wrong)

the_hood

385 posts

131 months

Friday 4th January
quotequote all
£95k Supra. No?

Alex_225

3,001 posts

138 months

Friday 4th January
quotequote all
It is no doubt the most original, mint, low mileage example of that car and I suspect bought by a collector who loves it for what it is.

I suspect like many on here, £100k on a Supra sounds like a bit of a joke though and I'm not that much of a fan of these cars to think £20k would be reasonable.

On the flip side, if I had millions in the bank and collected cars. Obviously I'd have the super cars, hyper cars, classics etc. If I wanted the best example of a car I loved albeit a more ordinary one, I probably wouldn't flinch at paying a silly price.

beerexpressman

132 posts

74 months

Friday 4th January
quotequote all
Paint on the rear bumper looks a bit iffy?
Advertisement

cheesesliceking

1,362 posts

177 months

Friday 4th January
quotequote all
beerexpressman said:
Paint on the rear bumper looks a bit iffy?
Agreed, for 95K i'd be wanting zero orange peel

seiben

1,583 posts

71 months

Friday 4th January
quotequote all
WCZ said:
nuts. horrible interior and not even a turbo (correct me if i'm wrong)
It is a turbo model smile

Schermerhorn

3,518 posts

126 months

Friday 4th January
quotequote all
Wow. 100k.

Where did my life go wrong? I struggled to sell mine only 2 years ago.

ITBScone

3 posts

105 months

Friday 4th January
quotequote all
Agree on the bumper comment, looks like it's had paint. Normally you'd be a fool for commenting on a car of that age having paint, as most will have. This one, however, is meant to be the highest level of prestige, so I wouldn't expect orange peel and a less than factory finish.

Easily fixed, though. I would love a Mk4 Supra if I had the money and room to spare.

G0ldfysh

3,200 posts

194 months

Friday 4th January
quotequote all
What's the retail on one of those?!!!?

Turbobanana

1,211 posts

138 months

Friday 4th January
quotequote all
beerexpressman said:
Paint on the rear bumper looks a bit iffy?
Poorly repaired drift damage smile

Bennet

1,219 posts

68 months

Friday 4th January
quotequote all
More than you can afford, pal.

Turbotechnic

395 posts

13 months

Friday 4th January
quotequote all
Bennet said:
More than you can afford, pal.
thumbupdriving

dunnoreally

234 posts

45 months

Friday 4th January
quotequote all
This is for a well heeled collector to put in his climate controlled garage with his equally pristine AE86, 2000gt and Celica GT-Four to only see the light of day at the occasional classic car show. Which is fine, honestly, it's nice that there's a few preserved perfectly for future generations. All part of looking after the sports car's heritage.

cossers

1,520 posts

77 months

Friday 4th January
quotequote all
Tbh you’d have to be a right dhead! Sold mine for 8k and would never pay more that 10k for one.

carjerk

123 posts

121 months

Friday 4th January
quotequote all
beerexpressman said:
Paint on the rear bumper looks a bit iffy?
Fairly standard paint finish for a 90's Toyota. I remember seeing them in the dealerships like this,

1974foggy

145 posts

81 months

Friday 4th January
quotequote all
G0ldfysh said:
What's the retail on one of those?!!!?
"More than you can afford pal" rings true for many, actually more than some Ferraris in fact!!

beerexpressman

132 posts

74 months

Friday 4th January
quotequote all
carjerk said:
beerexpressman said:
Paint on the rear bumper looks a bit iffy?
Fairly standard paint finish for a 90's Toyota. I remember seeing them in the dealerships like this,
I did wonder about that possibility...

TwinExit

391 posts

29 months

Friday 4th January
quotequote all
cossers said:
Tbh you’d have to be a right dhead! Sold mine for 8k and would never pay more that 10k for one.
Was your car unmodified, almost new condition with sub 10000 miles?


Scootersp

744 posts

125 months

Friday 4th January
quotequote all
The rear bumpers are always like that as they age, if the colour matched 100% it would be more likely to have had paint.

So it looks bad/mismatched but isn't a bad sign re originality.

Prices of all classics are based on what really? rarity, sentiment? I think it's nuts the price of this but equally so of loads of other classics/semi modern classics.

It's a dynamically better car than an E type and some of these are way north of this price, so e types are more, due to age, design, restoration costs, badge? To more on here I suspect the E type is a genuine classic and the Supra a little Jap tat in some ways but in the US I don't think Jaguar means as much marque wise? and the Japanese stuff has a wider appeal there......they may even be slightly less badge snobby?

Essentially when it gets to this point, you have either people believing they will always at least hold their value or as said they are wealthy enough to not care and just want the best/a very good one?

It's like a Van Gogh painting, if it made £4M 5 years ago, someone at auction will pay perhaps £5M knowing in another 5 years someone will pay £6M? When the worth is what really over a decent print? It's worth it because someone will pay it as the cliche goes.

What's a shame is that the value is now linked so heavily to the mileage it's unlikely to actually be enjoyed, more ornament/display thing than used car.