Expected Price of car in 3-5 years?
 

I'm 15 years old, and I'm absolutely in love with the FRS. Lightweight, RWD, and Power will make for a thrilling driving experience.

I know I can't afford this car now, but hopefully in the coming years. I heard people say the demand on this car will be so high even used FRS's will stay above at 18k for the next 3-5 years.

I really hope this car is not one of the Supra situation with the price:demand ratio.

Do you think I could get this car for under 14k in the next 3-5 years.

If this is a repost please send me to the proper thread, and delete this thread.

Thanks Guys
God bless

Comparable car - look up the WRX and see what it's going for?

Well 2007-2008 Wrx average $13,000. I got this from Edmunds.

For a $2500 non refundable deposit and a guarantee of KBB Value+TTL+$5k I'll sell you mine in 3 years :D

Kidding! Just wanted to see what it felt like to be a car dealership.

Depends on a lot of factors including reliability, production numbers, long term quality of materials, maintenance costs, etc. It's much too early to tell most of these factors so we will hopefully get a good idea within a year or two.

:lol:

these things will be such great second hand buys it's not even funny. young man- you have much to look forward to.

Production numbers seem very limited, but it's also possible that after 2 years there won't be much demand for one. Problem is that with so few going to customers at first, there won't be many on the used market as soon either.

Not enough info to tell right now. Will the next WRX steal some owners away to trade their BRZ in? Or some other car / next hot thing?

If the FRS comes out at $24k, in 3 years I'd expect it to be about $13-15k, depending on miles, condition, mods (most mods reduce the car's value). A $28k BRZ might be $18k after 3 years.

Just save up and see where things go. Maybe you can get a part time job 3 years from now and afford a new car payment or lease.

Also depends which tranny you want. After 3 years I'm betting it should be around 2/3 the original price.

Thanks Guys for the feedback.

I really hope I can get this car for a lower price.

And is it really like that a dealership?

Depends on the dealership. Check out the sticky at the top of the BRZ section.

After the 2012 apocalypse cars will be the new currency. The newly released scion frs will be highly sought after because of its low cd. Survivors turn the frs into low flying biplanes that can quickly maneuver the mangled streets of blood.

Estimated price in 2-3 years: 1.2billion yen.

Don't forget color; if our BRZ pre-order is any indicator, there will be a few colors that are not very popular now. Those will be "rare" colors in the future.

if they decide to do some kind of power upgrade as well like the 2013 GC, you actually might see the price even more expensive, and then theres the convertible model as well which will likely be its own increase

Depends on whether people want those colors in the future. Remember there is a reason why WRB, DGM, SWP and SSM are the popular colors.

True that.

considering we don't even know how much it will cost new, it's hard to say.

In fact, it's not hard to say, it's impossible to say.

This car should hold it's value pretty well until the 2nd gen comes out or when they increase power. Subaru boosted the WRX hp by like 45 hp one year without adding anything to the msrp, that sorta killed the resale value of the previous 2-3 years.

After that, it's all about mileage and how reliable these cars turn out to be.

Yeah scion and Subaru's hold their value pretty well. And this car is going to be more rare than other scions and Subaru's.

So you're telling me this car is going to be expensive after 3-5 years?

Aww man that sucks. I was really hoping to get this car.

You've sort of got a point, but while Lava might be rare, and I'm not saying it's ugly...look up the E46 M3 in Phoenix Yellow, that color was rare as hell and still nobody buys em because they look like baby poop.:barf:

Work hard and keep your eye on the prize. If you want a nice ride you gotta work for it! That or get yourself a sugar momma!

It will be like pretty much like any other car. You can figure on 40-50% depreciation in 3 years.

There is no chance the value of this car depreciates at that rate, assuming normal wear and mileage. A 3 year old BRZ or FRS at $12-14k? I think it will be more like $18-20k.

:confused0068:

So you think Firestorm will be expensive?

I don't think color will determine cost with this car, none of the colors are crazy enough to warrant a premium resale price. Lets just say that these cars are hard to come by because people hang on to them, there wont be many on the used market and demand will be high. It's all about supply and demand as well as reliability and customer satisfaction. This car could very well be the enthusiasts holy grail, it could be a legend for years to come and if that happens just look at Supra resale values, they never dropped.

^Or it could be the next Pontiac GTO or Solstice/Sky ;-)

:clap:

Dreamer, welcome to FT86Club! I think we can all sympathize with your plight. As car lovers, we were surely all in your shoes at that age. But do not despair! In time they will become a great bargain on the used market. And in the meantime you can learn about them through this forum.

Who knows... you may end up buying a car from someone you befriend on FT86Club. :)

The GTO was a good car, only GM sucks and let their company go to hell. They deserved what came to them as unfortunate as it was for employees, fans & customers. The Solstice/Sky was a flop because it was hugely unreliable, that coupled with Pontiac & Saturn dying put a nail in it's coffin. They were fun cars when they worked right but that wasn't often.

It's safe to say that Subaru and Toyota make more reliable cars than GM, so I don't see that being an issue. Only time will tell though. I plan to drive the crap out of my FR-S so I sure hope it holds up to the beating.

^Certainly I would hope Subaru/Toyota will have better quality than GM and initial indicators are this will be a popular car... but guessing on residuals 3+ yrs down the line without even knowing the price of the car and before a single unit has been sold puts this thread right up there with FRS/BRZ vs a Unicorn :-)

I agree, but we are just trying to help this guy out with some information. We've all been kids with dreams he's just hopeful and wanted to start a thread to get opinions on the subject. It's obvious it's too early to tell but it makes for a good discussion, if you don't have anything constructive to add to the thread why post in the first place? :iono:

If this car is a hit they are going to be ready and crank production, limited used cars comes from limited new purchases. Beyond the introduction rush these cars will be easy to buy, no company is going to hang their own noose.

With all this talk about 3000 cars the first year who knows...maybe dealers are just jerking us around but I sure hope you're right.

Thanks Guys,buttons it's not looking to good for me.

But on Edmunds, I found that the 2009 370z has an average price of 20k
And for a 2007-2008 Wrx it's an average of 13-15k
And surprisingly, the Handling King 'Miata' has an average price of 11k-14k for a 2007-2008 model.

I hope the FRS falls around the WRX and Miata range.
Thanks for the feedback and do you think Edmunds is a reliable source?

The thing with those cars is they have been on the market for 10+ years, this is a brand new car and honestly you can't really get a good idea based on how those models did. The WRX is a more practical car that appealed to a larger group, and the Miata has been around for like 20+ years. The 370z is overpriced and a bit of a disappointment compared to other cars on the market which may be the reason it's value dropped 15k in 3 years.

I personally think the FR-S's value will hold better than any of those cars. For instance, I had an 08 Civic Si Sedan that was totaled at 13k miles...the insurance company offered me 23,500 which is only 500 under new car value. Those cars held their value very well in the first few years then dropped fast after that because potential customers were moving to different cars as well as long term trans issues started surfacing. There is really no way of telling until the time rolls around.

Ok, now I understand.
With a part time job, I will have about 15k if I save every dollar for 2 years. Hopefully this car will be cheap enough by then. Hopefully this car won't have the Supra resale value or I'm screwed.
I just want to pay cash, no leasing or financing.
Please God, make people love this car so tons of people can buy them and I can pick up a low priced used one, Haha. I wish it would happen like that.

Thanks 86mods for the understanding.

It doesn't sound like you can quite afford a car like this at this time. It's not the best decision to throw all your equity at a car which is always losing its value. Americans living outside of their means is a large part of the reason our economy is in the condition it's in.


The Supra had a movie to hype it, remember?

[QUOTE=OrbitalEllipses;147893]It doesn't sound like you can quite afford a car like this at this time. It's not the best decision to throw all your equity at a car which is always losing its value. Americans living outside of their means is a large part of the reason our economy is in the condition in.

You're right Orbital, when do you think would be the right time? I hoping to get this car before colleg or Navy bootcamp. In which will be about 3.5 years from now. And it's one of the reasons I want to pay cash, I don't plan on having the financial burden of financing while I'm still a teenager.

In 3-5 years there will be other cars to choose from. Don't even worry about it right now.

If going into the Navy why would you need it. Won't you be stationed on a boat most of the time? Hard to enjoy the car on the open seas. College? Get a more practical car/truck to throw in your book shelves and other items.

After college, after debt, when you don't need to finance it or when you can afford payments without sacrificing anything else. The right time is when you can afford it.

This is not a teenager's car, unless that teenager is getting it through their parents.

+1.