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

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-   BRZ First-Gen (2012+) — General Topics (https://www.ft86club.com/forums/forumdisplay.php?f=23)
-   -   Subaru brz resell value (https://www.ft86club.com/forums/showthread.php?t=20820)

Jared9 10-27-2012 04:13 PM

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.

Jared9 10-27-2012 04:15 PM

wow I can't spell today.
resale*

Mr.Jay 10-27-2012 04:18 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 04:32 PM

Quote:

Originally Posted by Jared9 (Post 523673)
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 04:44 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 05:03 PM

Supply and demand, friend.

OrbitalEllipses 10-27-2012 05:31 PM

Quote:

Originally Posted by Turbowned (Post 523714)
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 05:40 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 05:46 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 06:14 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 08:01 PM

Quote:

Originally Posted by OrbitalEllipses (Post 523755)
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 08:30 PM

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

rice_classic 10-27-2012 08:40 PM

Quote:

Originally Posted by Guff (Post 523965)
Sudden horrible flashbacks to my high school economics class...

Economics in Highschool! :confused0068:

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 08:48 PM

Quote:

Originally Posted by rice_classic (Post 523979)
Economics in Highschool! :confused0068:

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.


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