Good trade in costs due to new car shortage/chip supply
 

So a garaged 2013 frs manual is coming up around $20k from Carmax and carvana. Given it retailed for $25k, best time to sell to CArvana?

Theres never a good time to sell your baby :-( but yes if you can actually get 20k for it that's a damn good deal. Then you can buy another one XD

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Yes. Not just microchip shortage though. Fast economic recovery is drying up the used market too. Neither are going to recover anytime soon. Values could still go up, though.

For me, with 78K miles:

KBB says 10.5~12.5K

Carvana says $14,386.

Both would be great considering I paid a total of $23K for car, tax, title, and interest. That is a 62% return if I sell. Considering a new 2013 FRS was like $25K, yea. Wow.

Yeah i checked mine and I got $17,800 quote from carvana on a 2013 with 47,000 miles, automatic. New was $26k…$9000 over 8 years isn’t bad at all.

Really thinking about it….and used get a Type R afterwards.


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Keep in mind that although you may be getting great prices for your used car right now you are going to also pay those inflated prices to replace if going used. In the end it will be a wash and about the same if you did it two years ago.
Selling used and buying new you may gain a bit but I am not sure they are even giving deals right now since even the new car market is starting to run short of inventory.

yup, great time to sell... i sold my POS with valve recall done for $15k around October last year... car was a 2013 6spd with 55k miles... i bought it for $16k with 22k miles on the odometer and drove the car for 3 years...Carvana doesn't do a thorough inspection too, so u can get away with a lot of things... def a good place to sell your car, but I will NEVER buy a car from them... my buddy bought a GTI and he keeps finding issues with it... the car was def modded and reverted to stock

LOL get a used Type R.... surely you haven't seen the prices on them then? The demand of the Type R coupled with the *low supply* makes it impossible to get a honest deal for one.

used ones are going for the price of a new one.. new ones are getting a $3-4k premium added... i am carless for now, and will prob be carless until the market cools down... the family Ody is good enough for now as both my wife and I work from home

Damn those premiums aren't effecting my local area.
We have a ton of FT86 twins around here which probably has our market oversaturated.

I know, the prices are crazy. My frs is my side car...so might sell and reap the $$ and look for another fun car later on...my DD Prius serves me well right now. hardest part is I have ton of memories with my wife and the frs...lots of road trips when we first got it and been through both my wedding and first kid. But damn, that used car market though..

decisions decisions.

Housing, cars, fuel, food - quite literally everything is more expensive. I don’t think anything is “more valuable”, I think the existing unit of currency is less valuable. Which takes a fun story about how something gained value and ruins it with the reality we all have less purchasing power overall.

:(

Exactly! This is why the sudden increase of "value" in selling a used Twin is false data.
It is just taking one number out of context of everything else and happily believing they went up in price.

Are you sure? A quick look at Autotrader (no not an overall source but a good snapshot of sales in a specific region) shows 3 used FRS, 1 2019 86 and 2 BRZs. All of them at higher but still reasonable prices.
Even Toronto has far fewer than ever.
Around London they are as rare as hens teeth!

You are right I just checked local listings and they are up.
The question is are they actually selling at those prices?

I wonder if they're setting the bar now for when everything gets delayed.
Either way I am happy if that's the case. More resale value it nice to sit on. I wonder if that effects insurance payouts.