Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community - FT86CLUB

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-   Scion FR-S / Toyota 86 GT86 General Forum (https://www.ft86club.com/forums/forumdisplay.php?f=2)
-   -   FRS depreciates faster than BRZ? (https://www.ft86club.com/forums/showthread.php?t=39706)

nonicname 06-21-2013 11:36 AM

FRS depreciates faster than BRZ?
 
I've noticed A LOT of FRS with less than 5k miles go for under $22k all over the place.
My local BMW dealer had one for $21,500 with only 6k miles on it.
I've noticed that BRZs remain around $26k except for a few rare ones.

I've also heard of people buying brand new BRZs for less than Scion's "pure" pricing so it sounds like based on how the Subarus hold their value they are simply a better buy EVEN if you end up paying $1k more.

Subarus have always been good at holding their value but not Scions.
thoughts?

losjackal 06-21-2013 11:47 AM

Looking on Cars.com, there are 143 FR-S under 10k miles, priced between $22k and $32k. Two-thirds of them are listed over $24k, roughly. There are also 43 BRZ between $24k and $31k. Two-thirds of them are listed over $26.5k, roughly.

So I think your FR-S estimated prices are a little low.

Mikem53 06-21-2013 11:54 AM

There are more scions made than subies.. As per toyotas say so..
Not surprising to see more FRS's available up for sale..

strat61caster 06-21-2013 11:56 AM

Don't forget the absurd markups and "options" some of the Subaru dealers are charging, initial buyers are still probably hurting from that and are trying to recoup that loss.

Perihelion 06-21-2013 12:57 PM

The subies cost more to begin with, so to say that the FRS depreciates faster wouldn't really make sense, ya'know?

kthxbai 06-21-2013 01:40 PM

Simple explanation is supply vs demand. Used BRZs are more difficult to come by, relative to the FRS, because of the supply ratio that Subaru & Toyota agreed upon. Couple the lower supply of BRZ with more "bells & whistles" available on the car, usually means dealers will justify asking for more for the car. There is one thing in pricing between a used BRZ and FRS, price can be negotiable so for those looking to haggle or want the satisfaction of jousting with a dealer on OTD price, happy shopping!

gily25 06-21-2013 02:33 PM

Lots of factors. They've sold more, the "perception" of FR-S being the one people are going to mod, the insurance rates, people trying to price at a rate where buying used makes sense (there aren't many used BRZs around let alone many new ones.

Tromatic 06-21-2013 06:43 PM

I didn't buy it with resale value in mind.

Grey 06-21-2013 07:04 PM

If you're worried about depreciation this soon you probably shouldn't have bought a new car.

hanabie 06-21-2013 07:07 PM

Quote:

Originally Posted by Grey (Post 1017259)
If you're worried about depreciation this soon you probably shouldn't have bought a new car.

and probably look at something like corolla, camry or accord.
I never look at resale value when buying this car.

Grey 06-21-2013 07:10 PM

It just seems to me that if you're considering what you can sell a car for less than a year after it's been released, you're not in the best financial situation to be spending money on a new car. That's just poor finance management and bad decision making.

(Which I think is why so many are for sale – impulse buyers that couldn't afford it in the first place, or repossessions)

hanabie 06-21-2013 07:14 PM

or they are simply rich. I'm jealous, but I still think that is pretty absurd.

whaap 06-21-2013 07:28 PM

There's a local dealer that has a FR-S with 9,500 miles and he's asking more than I paid for mine new. I haven't seen a used BRZ for sale.

thill 06-21-2013 07:36 PM

Quote:

Originally Posted by Grey (Post 1017278)
It just seems to me that if you're considering what you can sell a car for less than a year after it's been released, you're not in the best financial situation to be spending money on a new car. That's just poor finance management and bad decision making.

(Which I think is why so many are for sale – impulse buyers that couldn't afford it in the first place, or repossessions)

When I purchased my BRZ from my local Subaru dealer they had 2 used Fr-S's on the lot (red one, black one). One had 8k miles I think and the other had 4k miles. I asked me salesman why they were traded in he told me both were traded in for BRZ Limited's and that the owners wanted more options.

Smart? No. I am guessing the owners easily lost $3-4K when you factor in taxes, tags, etc. I would not have done it.

Wilsonk227 06-21-2013 08:04 PM

BRZs are more scarce than FRSs and plus they have a higher value overall. I REALLY doubt you'll find a BRZ for under the FRS price unless there are mark ups on the FRS. BRZ doesn't go much lower than $28k~ at least from what I've seen and FRS gets up to around $27k at highest without markup

hanabie 06-21-2013 08:13 PM

Quote:

Originally Posted by Wilsonk227 (Post 1017377)
BRZs are more scarce than FRSs and plus they have a higher value overall. I REALLY doubt you'll find a BRZ for under the FRS price unless there are mark ups on the FRS. BRZ doesn't go much lower than $28k~ at least from what I've seen and FRS gets up to around $27k at highest without markup

That is because you are still looking at LA area market only. Also, you can now get BRZ less than MSRP in CA if you are shopping around.

edboc 06-21-2013 09:37 PM

You can get a good deal on an automatic, they are depreciating faster than manuals. The cheapest FR-S on Cars.com are going for $19.9k in NJ both of which are automatics.

Wilsonk227 06-22-2013 01:07 PM

Quote:

Originally Posted by hanabie (Post 1017391)
That is because you are still looking at LA area market only. Also, you can now get BRZ less than MSRP in CA if you are shopping around.

what's the cheapest you've seen?

hanabie 06-22-2013 01:08 PM

Quote:

Originally Posted by Wilsonk227 (Post 1018453)
what's the cheapest you've seen?

BRZ limited $750 below MSRP. Pretty sure can haggle more to $1000.
Don't go to Puente Hills Subaru.

TRD-X 06-22-2013 01:26 PM

I don't care about resell value as I'm the only owner my car is going to have. :D

Accurate Race Shop 06-22-2013 01:29 PM

Quote:

Originally Posted by whaap (Post 1017322)
There's a local dealer that has a FR-S with 9,500 miles and he's asking more than I paid for mine new. I haven't seen a used BRZ for sale.

That's crazy I have heard of the loss most of these people are taking and it is crazy to think that dealerships expect to turn a $10k profit on a $30k that's a year old with over 9,000 miles on it. These used should be around $20k tops sense most are getting around $17k for an fr-s and $19k for a BRZ on their trade in.

Sent from my Q10

serith 06-22-2013 01:43 PM

Subaru's typically have a slightly higher resale value than Toyota's.

Wilsonk227 06-23-2013 01:21 AM

Quote:

Originally Posted by hanabie (Post 1018455)
BRZ limited $750 below MSRP. Pretty sure can haggle more to $1000.
Don't go to Puente Hills Subaru.

that's still more than the frs :/ but yeah Puente hills is bad

hanabie 06-23-2013 02:07 AM

Quote:

Originally Posted by Wilsonk227 (Post 1019408)
that's still more than the frs :/ but yeah Puente hills is bad

if you could live up with frs interior, then 2k upgrade to a brz is too much for ya. To convert from a FRS to BRZ limited trim level aint cheap. just saying.

Wilsonk227 06-23-2013 01:16 PM

Quote:

Originally Posted by hanabie (Post 1019460)
if you could live up with frs interior, then 2k upgrade to a brz is too much for ya. To convert from a FRS to BRZ limited trim level aint cheap. just saying.

oh yeah i know that lol but someone mentioned that BRZ's that they found go for less than an FRS. If i had to pick one, it's BRZ all the way, get so much more for just 2k more.

jamesm 06-23-2013 01:31 PM

they're both japanese economy cars, they'll be good and cheap in a few years. any difference in resale value now will become less significant over time as the market is saturated with both models. eventually they'll be like v6 auto mustangs, selling like hotcakes and within eyesight at any corner.

hanabie 06-23-2013 08:27 PM

Quote:

Originally Posted by jamesm (Post 1019925)
they're both japanese economy cars, they'll be good and cheap in a few years. any difference in resale value now will become less significant over time as the market is saturated with both models. eventually they'll be like v6 auto mustangs, selling like hotcakes and within eyesight at any corner.

any kind of cars will depreciate unless you are investing your money on properties. When I buy this car, I'm expecting it to last 10 years before my next sport car.

hanabie 06-23-2013 08:29 PM

Quote:

Originally Posted by Wilsonk227 (Post 1019903)
oh yeah i know that lol but someone mentioned that BRZ's that they found go for less than an FRS. If i had to pick one, it's BRZ all the way, get so much more for just 2k more.

I actually got my brz for almost the same FRS cost, but the shipping and dealer's fee killed it.

Wilsonk227 06-24-2013 02:57 AM

Quote:

Originally Posted by hanabie (Post 1020411)
I actually got my brz for almost the same FRS cost, but the shipping and dealer's fee killed it.

lol from heuberger?

forzajuve 06-24-2013 03:05 AM

This thread sucks

JK21 06-24-2013 03:11 AM

Quote:

Originally Posted by Wilsonk227 (Post 1017377)
BRZs are more scarce than FRSs and plus they have a higher value overall. I REALLY doubt you'll find a BRZ for under the FRS price unless there are mark ups on the FRS. BRZ doesn't go much lower than $28k~ at least from what I've seen and FRS gets up to around $27k at highest without markup

Hmmmm.....The FR-S I bought had an MSRP right at 39.5K, then again it was their show car and this one had been especially done by a local shop owned by Tim Duncan. It came with goodies and it was the Ultra-whiteout edition with the Five axis wheels along with simple bolt-ons and a TRD body kit as well, also with lowering springs a new audio system as well. I'm guessing it depends but I really wouldn't look at resale value unless you are buying a more high end car. That is where resale value comes in handy. The sole reason I traded in my GTR was because I wanted to beat that tax break vs selling privately and having to pay taxes on what I would've sold it for.

pascalbrax 06-24-2013 04:30 AM

Not surprising since the FRS is the lowest refined car among BRZ, japanese 86 and euro/australian GT86.

Dadhawk 06-24-2013 09:35 AM

Quote:

Originally Posted by pascalbrax (Post 1021083)
Not surprising since the FRS is the lowest refined car among BRZ, japanese 86 and euro/australian GT86.

Actually, its not. I believe there are two trim levels below the FRS in Japan.

TRD-X 06-24-2013 09:51 AM

Here's a link to the Japanese models.

There's 4 models listed the GT Limited, GT, G, and the RC.

http://toyota.jp/86/001_p_001/grade/index.html

pascalbrax 06-24-2013 10:45 AM

Quote:

Originally Posted by Dadhawk (Post 1021307)
Actually, its not. I believe there are two trim levels below the FRS in Japan.

That's true. But one trim is the RC version, which is very barebone and intended only for "professional" racing/drifting/modding purpose. Nothing like that is sold in Europe or America, AFAIK.

EDIT:

Quote:

Originally Posted by TRD-X (Post 1021325)
Here's a link to the Japanese models.

There's 4 models listed the GT Limited, GT, G, and the RC.

http://toyota.jp/86/001_p_001/grade/index.html

Right here! Thanks TRDx!

Wilsonk227 06-24-2013 11:05 AM

Quote:

Originally Posted by JK21 (Post 1021032)
Hmmmm.....The FR-S I bought had an MSRP right at 39.5K, then again it was their show car and this one had been especially done by a local shop owned by Tim Duncan. It came with goodies and it was the Ultra-whiteout edition with the Five axis wheels along with simple bolt-ons and a TRD body kit as well, also with lowering springs a new audio system as well. I'm guessing it depends but I really wouldn't look at resale value unless you are buying a more high end car. That is where resale value comes in handy. The sole reason I traded in my GTR was because I wanted to beat that tax break vs selling privately and having to pay taxes on what I would've sold it for.

oh my lol that msrp was a rip off D: if i were you and I had that much money I'd rather do the little things myself. It's certainly a special car because those TRD kits are rather hard to get, or so I heard. But i mean 40k for some simple 7k work :/ couldve had your own perfected taste into it instead.

JK21 06-26-2013 12:08 AM

Quote:

Originally Posted by Wilsonk227 (Post 1021440)
oh my lol that msrp was a rip off D: if i were you and I had that much money I'd rather do the little things myself. It's certainly a special car because those TRD kits are rather hard to get, or so I heard. But i mean 40k for some simple 7k work :/ couldve had your own perfected taste into it instead.


I know right??? But that is a dealership for you and when I went to go look at a BRZ one the salespeople was just rude and customer service was horrible. But oh well.....still happy with my decision and I am anxious for my future plans for the car :burnrubber:

luluma 06-26-2013 12:18 AM

Quote:

Originally Posted by hanabie (Post 1018455)
BRZ limited $750 below MSRP. Pretty sure can haggle more to $1000.
Don't go to Puente Hills Subaru.

please do not, and repeat do not go to Puente hill Subaru or Monrovia Subaru dealer. really bad service and the management do not care about it.

hanabie 06-26-2013 03:42 AM

Quote:

Originally Posted by luluma (Post 1026040)
please do not, and repeat do not go to Puente hill Subaru or Monrovia Subaru dealer. really bad service and the management do not care about it.

I thought Sierra Subaru Monrovia was selling BRZ at MSRP? One of the sales did not even bother to contact me regarding the availability.

Wilsonk227 06-26-2013 01:11 PM

Quote:

Originally Posted by JK21 (Post 1026029)
I know right??? But that is a dealership for you and when I went to go look at a BRZ one the salespeople was just rude and customer service was horrible. But oh well.....still happy with my decision and I am anxious for my future plans for the car :burnrubber:

congrats on it though! :) but i agree about BRZs, the dealers all suck and they try to mark up the prices or they're just plain rude and horrible with service. You need to get OEM GT-86 headlights :party0030:


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