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| BRZ First-Gen (2012+) — General Topics All discussions about the first-gen Subaru BRZ coupe |
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#15 |
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Car Nut
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About...tree fiddy.
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#17 | |
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#18 | |
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Stole my avy from zGrinch
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I bought mine new because I knew that this car can breed some irresponsible driving behind the wheel, so with a new one that isn't a concern. If I had bought a used one, I would've wanted to have it checked out by my mechanic and talked to the previous owner extensively. That said, when somebody buys mine as a used car, it'll come with what is basically brand new OEM exhaust, taillights, side markers, shift knob, wheels... .
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2015 Audi /S3 | Panther Black | DSG Gone...2014 BRZ, 2010 Lexus IS F-Sport, 2006 Mazda MX5, 1997 Mustang GT |
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| The Following User Says Thank You to pinski For This Useful Post: | Tcoat (04-08-2015) |
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#19 | |
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Mine will be a score for somebody in 3 years. It will be high mileage and will go straight to auction as soon as I trade in so will probably get picked up cheap. So what somebody will get is a well maintained, highway driven (98% highway on cruise) well TRD optioned, original car for a great price. The sad part is that it will probably be cheap enough that some kid will go all F&F on it and it will end up in a rice bowl!
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Racecar spelled backwards is Racecar, because Racecar.
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#20 |
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You'll prob be dead or in a wheelchair so I wouldn't worry about it.
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#21 |
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I think these cars will follow the pattern of the British sports cars from the 60s and 70s. Right now an MG or Triumph in reasonably good driving condition for its age runs about 2 to 3 times its original purchase price. Going with that measure, figure a twin will pull in $50K to $60K in 30 years.
BUT, before you get all excited and start making retirement plans, keep in mind that the long term inflation rate in the United States is 3.22%. If that rate holds in the future, $25K of today's dollars will be worth $62,675 in 30 years. So if you spent $25K today, keep the car for 30 years and sell it for $60K, you'll actually lose $2600 to inflation alone. In fact, you'll actually lose more than that, because the car will cost you money in the interim. You'll have to maintain it or store it. Even a stored car has to be maintained, and storage isn't free. So you have to factor those costs into your loss. It might also need to be restored, which isn't free and will also add to your loss. Also keep in mind that the values of the cars goes down before it goes up. When I was a teenager in the 80s, you could pick up roadworthy MGs and Triumphs any day of the week for about half their original purchase prices. So if you were really trying to maximize your return, you would wait until the twins were regularly selling for under $10K and pick up a good used one. Even then it's not likely you'll make any money on it. There are only two times it makes sense to treat a vehicle as an investment: First is when you use it as a capital expenditure investment for business purposes, where the use of the vehicle makes you money. When a glass installer buys a glass truck, he makes money from that purchase by using the truck in his business. I'm actually using my own BRZ that way, since I use it for work and make more money off the mileage reimbursement than it costs me to operate the car. Second is when the vehicle itself is rare and desirable from the outset. The original 2000GT on which the twins are modeled goes for millions at auction because there are very few of them. That's not the case with the twins. They will not be boutique cars now or in 30 years. They will be a lot more rare in 30 years, but no more so than an MGB is today. As for whether your unmodified car will be worth more than a modded car, that really just depends. It'll be worth more than one with a Rocket Ninny kit on it, because it will cost more money to undo that damage. But one with just a regular stick-on body kit, bolt-on turbo and Tom's tails that can be taken back to stock fairly easily will not be significantly less desirable than one that never had a single mod. What will be the deciding factor is how much damage the mod did, and most mods are easily reversible. Even engine mods won't matter, because by that time most of them will have needed an engine rebuild anyway. |
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#23 | |
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Stole my avy from zGrinch
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2015 Audi /S3 | Panther Black | DSG Gone...2014 BRZ, 2010 Lexus IS F-Sport, 2006 Mazda MX5, 1997 Mustang GT |
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| The Following User Says Thank You to pinski For This Useful Post: | Tcoat (04-08-2015) |
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#24 | |
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It already has and will continue. This car was praised by the entire car community as the savior of cheap rear wheel drive sports car fun. Many people got caught up in the excitement that the car journalists wrote about, and then was further lost in the wait list to get one. Kind of a mob mentality. Then they got one and the honeymoon period wore off. They realized they can get much faster cars for the same price. They can get much better handling cars for the same price. They can get this performance and be much more practical or easier to live with daily. After that there was a rush to get rid of the car so used prices plummeted. Now the people who don't have as easy access or don't want to spend as much on their car comes in. This is where you get the hack job suspension mods, the poorly done DIY exhaust, etc. I'm not saying cheap mods can't be done well, because there are a lot of skilled people that could do much better with $500 than I can do with $2000. I'm just saying that if you took the average person and gave them less $ to complete the same type of modifications as a person with more $$$, the end result will typically show. So to answer your question, will your unmolested car be worth anything, that is impossible to say. Supras and RX-7 were a dime a dozen before fast and furious. Even the Eclipse had a short bump in value for some time. 30 years ago you wanted a Jafuar E-Type, fork up $15k. Now you want a Jaguar E-Type? $500k. There must be some random, out of nowhere, social spotlight that drives that mob mentality and forces everyone to view your car as the one everyone wants. I say drive it however makes you happiest. If in 30 years its worth nothing, at least you got 30 years of amazing driving fun. |
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#25 | |
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http://www.hemmings.com/classifieds/.../jaguar/e-type |
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#26 | |
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Haha, yeah. I was more trying to make a point than give factual buyer information. I guess my "estimation" was an inch or two off
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