Subaru brz resell value - Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community

Jared9 · 10-27-2012, 03:13 PM

I'm really confused why everyone thinks that their car doesn't lose any value after they bought it.
People in the marketplace are listing their cars for barely less than they bought it for.

Whatever happened to your car losing 10-20% of value the moment you drove it off the lot?

Low inventory at dealerships causing this trend? I was expecting a few people to list their car a little high, but it seems everyone is. Maybe its just the forum people.

Jared9 · 10-27-2012, 03:15 PM

wow I can't spell today.
resale*

Mr.Jay · 10-27-2012, 03:18 PM

consider the demand and the lack of supply

also the fact that many dealerships are selling way above the MSRP and still off loading cars

Hell there are FRS selling at BRZ prices and still getting sold

This is the hottest car on the market right now I've had a guy ask to buy the car from me for 5K more than I got it for.

Not so weird IMO

SVTSHC · 10-27-2012, 03:32 PM

Quote:

Originally Posted by Jared9

I'm really confused why everyone thinks that their car doesn't lose any value after they bought it.
People in the marketplace are listing their cars for barely less than they bought it for.

Whatever happened to your car losing 10-20% of value the moment you drove it off the lot?

Low inventory at dealerships causing this trend? I was expecting a few people to list their car a little high, but it seems everyone is. Maybe its just the forum people.

Supply and Demand my friend. Demand is high, supply is low. Not to mention the car was hyped to ungodly levels, similar to the civics of yesteryear the boyracers will keep the resale value above where it should be.

OrbitalEllipses · 10-27-2012, 03:44 PM

These cars are vastly overpriced used right now. I'd wait til next year to see what prices are really like.

Turbowned · 10-27-2012, 04:03 PM

Supply and demand, friend.

OrbitalEllipses · 10-27-2012, 04:31 PM

Quote:

Originally Posted by Turbowned

Supply and demand, friend.

The market demands a return to closer market equilibrium price soon enough. As Qs increased, Qd will decrease and the equilibrium move back. Considering there's a replacement/similar/identical good on the market (FR-S), I think the current equilibrium price isn't staying where it is for very long.

ftc~brz · 10-27-2012, 04:40 PM

until there is an actual blue book value listed, anything goes. It may not seem fair if you are trying to snatch one up right now used. But if you bought one new and try to trade it in so soon for some strange reason it can work in your favor.

Example: I bought a new 03 350z and traded it in 6 months after b/c even though I was single it was not practical having no back seat with lots of drunk friends. At that time there was no blue book value listed.
I paid 30k
traded for 25k (6k miles)
I was only 5k upside down.

few months later bb value established was less than I got for it, dealer ate difference.

there is a dealer up the street selling a used brz limited for 33k....WTF? right?

Wait it out and you'll find what you want. Right now everyone wants to make a profit

just my 2 pennies

clevrname · 10-27-2012, 04:46 PM

I traded in a manual FRS with 2500 miles on it, gave the guy 25500 for it, which was 600 more than he paid for it. Sold it two days later for 26,988. Like everyone is saying supply is low, demand is high. Until you can convince everyone not to pay over sticker for these cars, values will stay high.

Miniata · 10-27-2012, 05:14 PM

Once the market gets a little more saturated, demand dies down, and dealers have them sitting on their lots, aasking prices of used BRZ's should start to drop. This isn't all that uncommon for new, high demand, limited production cars.

russv · 10-27-2012, 07:01 PM

Quote:

Originally Posted by OrbitalEllipses

The market demands a return to closer market equilibrium price soon enough. As Qs increased, Qd will decrease and the equilibrium move back. Considering there's a replacement/similar/identical good on the market (FR-S), I think the current equilibrium price isn't staying where it is for very long.

Correct!

Guff · 10-27-2012, 07:30 PM

Sudden horrible flashbacks to my high school economics class...

rice_classic · 10-27-2012, 07:40 PM

Quote:

Originally Posted by Guff

Sudden horrible flashbacks to my high school economics class...

Economics in Highschool!

Either you're much older than me or much younger. Never heard of such thing and I've been saying for years that economics and finance (especially personal finance) should be taught in high school.

Guff · 10-27-2012, 07:48 PM

Quote:

Originally Posted by rice_classic

Economics in Highschool!

Either you're much older than me or much younger. Never heard of such thing and I've been saying for years that economics and finance (especially personal finance) should be taught in high school.

AP Economics brotha! It was hell!

And I was in High school last year, lol.

10-27-2012, 03:13 PM	#1
Jared9 Member Join Date: Jun 2012 Drives: Sold- 04 STi, Now- 02 Miata Location: Dallas, TX Posts: 13 Thanks: 0 Thanked 1 Time in 1 Post Mentioned: 0 Post(s) Tagged: 0 Thread(s)	Subaru brz resell value I'm really confused why everyone thinks that their car doesn't lose any value after they bought it. People in the marketplace are listing their cars for barely less than they bought it for. Whatever happened to your car losing 10-20% of value the moment you drove it off the lot? Low inventory at dealerships causing this trend? I was expecting a few people to list their car a little high, but it seems everyone is. Maybe its just the forum people.

10-27-2012, 03:18 PM	#3
Mr.Jay Senior Member Join Date: Mar 2011 Drives: FRS :D Location: Vancouver BC Posts: 2,985 Thanks: 545 Thanked 699 Times in 438 Posts Mentioned: 18 Post(s) Tagged: 0 Thread(s)	consider the demand and the lack of supply also the fact that many dealerships are selling way above the MSRP and still off loading cars Hell there are FRS selling at BRZ prices and still getting sold This is the hottest car on the market right now I've had a guy ask to buy the car from me for 5K more than I got it for. Not so weird IMO __________________ Out of the FRS game

10-27-2012, 04:46 PM	#9
clevrname Senior Member Join Date: Aug 2011 Drives: 2013 Firestorm FR-S 6MT Location: Virginia Beach, VA Posts: 289 Thanks: 12 Thanked 92 Times in 46 Posts Mentioned: 0 Post(s) Tagged: 4 Thread(s)	I traded in a manual FRS with 2500 miles on it, gave the guy 25500 for it, which was 600 more than he paid for it. Sold it two days later for 26,988. Like everyone is saying supply is low, demand is high. Until you can convince everyone not to pay over sticker for these cars, values will stay high. __________________ 2013 Firestorm 6MT 2005 Corolla XRS

10-27-2012, 05:14 PM	#10
Miniata Senior Member Join Date: Mar 2012 Drives: 13 BRZ - 90 Miata - 07 FXT -05 Mini Location: Ohio Posts: 546 Thanks: 6 Thanked 142 Times in 105 Posts Mentioned: 2 Post(s) Tagged: 0 Thread(s)	Once the market gets a little more saturated, demand dies down, and dealers have them sitting on their lots, aasking prices of used BRZ's should start to drop. This isn't all that uncommon for new, high demand, limited production cars. __________________ 17x7 Kosei K1-TS w/ 215/45-17 Dunlop Star Specs Nameless Track Pipe - Strano front sway bar

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10-27-2012, 03:15 PM	#2
Jared9 Member Join Date: Jun 2012 Drives: Sold- 04 STi, Now- 02 Miata Location: Dallas, TX Posts: 13 Thanks: 0 Thanked 1 Time in 1 Post Mentioned: 0 Post(s) Tagged: 0 Thread(s)	wow I can't spell today. resale*

10-27-2012, 03:44 PM	#5
OrbitalEllipses Banned Join Date: Jan 2012 Drives: Attitude Location: MD Posts: 10,046 Thanks: 884 Thanked 4,889 Times in 2,902 Posts Mentioned: 123 Post(s) Tagged: 4 Thread(s)	These cars are vastly overpriced used right now. I'd wait til next year to see what prices are really like.

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