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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. |
wow I can't spell today.
resale* |
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 |
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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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Supply and demand, friend.
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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 |
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.
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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.
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Sudden horrible flashbacks to my high school economics class...
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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. |
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And I was in High school last year, lol. |
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