Advice about selling my 860

[Tcoat]

Originally Posted by sofrsnsokleen

Maybe try not calling it an 860? Ugh, i cringe that people are calling the new one that now. IT'S AN 86, A GT86!

The others jumped on the 860 part but I will clarify that in North America it is just an 86. We have no GT86 and I cringe when people call it that.

[PetrolioBenzina]

Could somebody work up a spreadsheet that lists all of the speshul editions of this car that are not so special?

As has been said, you now live in a driving paradise. Take it out on weekends, explore.

[Vic4uf]

Originally Posted by sofrsnsokleen

Maybe try not calling it an 860? Ugh, i cringe that people are calling the new one that now. IT'S AN 86, A GT86!

This posts still gets me laughing every time I read it.

[mazeroni]

Originally Posted by Omertaaone

Got a halo white 2017 860 now with 300miles on it... I traded in my 2013 FRS but now I moved suddenly and don't need a car at all.

Any advice on selling it without loosing too much of my investment? I live in Northern CA.

I've never posted on here so bear with me a bit if I post wrong.

Thanks in advance!!

Your car is an asset, not an investment. It will never, ever appreciate in value.

You will be one of the first people to have a used 860, so you have that going for you.

I see on KBB that the 860 is going for less than invoice when new.

So if you paid more than invoice, you lose out.

You already paid tax and dealer fees, so you def loose out.

Go back to the dealer and beg for mercy?
Sounds like a sucky situation.

[VoltsFRS2013]

You already made a big loss when you signed on an 860 over a normal 86 in the first place

[Impureclient]

So what everybody is saying here is don't get the special 8600 version next year? If so I guess I'm holding off for the 86000 when it gets the turbo.

[extrashaky]

Originally Posted by mazeroni

Your car is an asset, not an investment.

Unless it's a capital investment, the use of which provides a greater return than it costs. Fleet vehicles are capital investments even though they lose value. There's no reason at all that an 86 or even an 860 can't be purchased and utilized as a capital investment.

I specifically purchased mine as a capital investment. I was driving 2500 miles per month for work and needed efficient transportation to do the job. I'm driving less and getting worse gas mileage these days (because of my wide tires), but it's still keeping me in a job, so it still counts as a capital investment.

[Tcoat]

Originally Posted by extrashaky

Unless it's a capital investment, the use of which provides a greater return than it costs. Fleet vehicles are capital investments even though they lose value. There's no reason at all that an 86 or even an 860 can't be purchased and utilized as a capital investment.

I specifically purchased mine as a capital investment. I was driving 2500 miles per month for work and needed efficient transportation to do the job. I'm driving less and getting worse gas mileage these days (because of my wide tires), but it's still keeping me in a job, so it still counts as a capital investment.

Like he said though you made a capital investment to purchase a depreciating asset. Sounds counterintuitive but yes in the long run it pays off if used for work where you actually make money.

[VoltsFRS2013]

Originally Posted by Impureclient

So what everybody is saying here is don't get the special 8600 version next year? If so I guess I'm holding off for the 86000 when it gets the turbo.

Tbh, this platform will be 100% out of production by 2019 and I'd put money on that

[strat61caster]

Originally Posted by VoltsFRS2013

Tbh, this platform will be 100% out of production by 2019 and I'd put money on that

I'll take that bet, when's the last time a Japanese company didn't let a sportscar stagnate on the market for nearly a decade before discontinuing it? If it dies as a 2019 model that'll only be 7 model years in North America and only 3 years for the facelifted model.

I bet they'll be cranking them out in 2020.

[funwheeldrive]

Originally Posted by strat61caster

I'll take that bet, when's the last time a Japanese company didn't let a sportscar stagnate on the market for nearly a decade before discontinuing it? If it dies as a 2019 model that'll only be 7 model years in North America and only 3 years for the facelifted model.

I bet they'll be cranking them out in 2020.

Yep, by then people will be begging Toyota to put the car out of it's misery like how people are with the 370z.

[strat61caster]

Originally Posted by funwheeldrive

Yep, by then people will be begging Toyota to put the car out of it's misery like how people are with the 370z.

Hell, depending on what internets you frequent the "majority" already wants it dead and replaced with a $24k 300hp mk2.

[mazeroni]

Originally Posted by extrashaky

Unless it's a capital investment, the use of which provides a greater return than it costs. Fleet vehicles are capital investments even though they lose value. There's no reason at all that an 86 or even an 860 can't be purchased and utilized as a capital investment.

I specifically purchased mine as a capital investment. I was driving 2500 miles per month for work and needed efficient transportation to do the job. I'm driving less and getting worse gas mileage these days (because of my wide tires), but it's still keeping me in a job, so it still counts as a capital investment.

Ah, well. I have been schooled.

[soulreapersteve]

Originally Posted by Tcoat

The others jumped on the 860 part but I will clarify that in North America it is just an 86. We have no GT86 and I cringe when people call it that.

You'll cringe when we meet up in September