Has BRZ value tanked or am I just being lowballed? - Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community

iggy · 06-05-2018, 02:13 PM

The title says it all.

I'm in the process of switching careers and looking to lower my expenses, so as much as I love the car it's time to sell it.

I've posted it for sales in the usual places (cars.com, cargurus, craigslist and FB marketplace) and have been bombarded by a bunch of lowball offers....but very little real interest.

Is it the places I'm listing the car or just the general shitstorm that is selling an enthusiast car?

TM · 06-05-2018, 02:19 PM

Quote:

Originally Posted by iggy

The title says it all.

I'm in the process of switching careers and looking to lower my expenses, so as much as I love the car it's time to sell it.

I've posted it for sales in the usual places (cars.com, cargurus, craigslist and FB marketplace) and have been bombarded by a bunch of lowball offers....but very little real interest.

Is it the places I'm listing the car or just the general shitstorm that is selling an enthusiast car?

What year is your BRZ and how much are posting it for?

Tons of used BRZs can be found for pretty cheap nowadays.

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NoHaveMSG · 06-05-2018, 02:34 PM

Quote:

Originally Posted by iggy

The title says it all.

I'm in the process of switching careers and looking to lower my expenses, so as much as I love the car it's time to sell it.

I've posted it for sales in the usual places (cars.com, cargurus, craigslist and FB marketplace) and have been bombarded by a bunch of lowball offers....but very little real interest.

Is it the places I'm listing the car or just the general shitstorm that is selling an enthusiast car?

The best thing to do is look at what cars similar to yours are posted for in your area. Over here the prices very a lot since the car scene is pretty meh.

iggy · 06-05-2018, 02:35 PM

Quote:

Originally Posted by TM

What year is your BRZ and how much are posting it for?

It's a 2014 Limited 6MT with 47,500 miles. I have it listed for $17,250. Cargurus says fair market value is $17k.

My car is CPO and the warranty will transfer to the new owner for a small ($75) fee, verified with SOA so I'm making sure to mention that in all listings in hopes that helps the overall value.

NoHaveMSG · 06-05-2018, 02:37 PM

You also have to remember the 15's got some engine updates and 17' and up got a facelift and even more updates.

funwheeldrive · 06-05-2018, 02:50 PM

Quote:

Originally Posted by iggy

It's a 2014 Limited 6MT with 47,500 miles. I have it listed for $17,250. Cargurus says fair market value is $17k.

My car is CPO and the warranty will transfer to the new owner for a small ($75) fee, verified with SOA so I'm making sure to mention that in all listings in hopes that helps the overall value.

Go get an appraisal from CarMax. I bet you will get close to that. They pay pretty well.

JazzleSAURUS · 06-05-2018, 03:12 PM

I have my '15 with 41k listed at 16.5k stock, 19k with the modifications in my signature along with 3 sets of wheels and tires (plus all the stock parts!) and people are asking me if I'll accept monthly payments...

NCtoBRZ · 06-05-2018, 03:30 PM

The twins tend to attract a younger buyer. I would be willing to bet that most of the insanely lowball offers and offers to make monthly payments are coming from younger people who are barely making over minimum wage.
At the same time, as mentioned, there have been a couple of refreshes since the 2014 year model and your car is getting close to the end of the factory drivetrain warranty so that limits the appeal to some extent.

Aluma007 · 06-05-2018, 10:07 PM

I was offered 18000 for my 17 brz limited at a local dealership on a trade in...local subaru offered like 21000...kbb and nada had it at over 23000 without any mods.

extrashaky · 06-05-2018, 10:08 PM

KBB says the car you described in the Philadelphia area is worth $14K to $16K, average right at $15K in a private party sale. Edmunds says it's worth $14K.

Based on an average depreciation curve for a used car, a four year old BRZ shouldn't be worth more than about $13K now. So no, BRZ value has not tanked. It's actually still doing better than average.

If you don't like the offers you're getting, don't accept them. But keep in mind the car is only worth what someone is willing to pay for it. If I understand correctly, you bought it used, so it's already been through at least two owners. If I were in the market for a used BRZ, I'd be checking KBB and Edmunds, then not paying higher than their ranges for a vehicle that may or may not have been through two cycles of abuse already before I get it.

Summerwolf · 06-05-2018, 10:59 PM

These cars don't really sell when you try to get a real value from them. There are too many in the market going for pennies on the dollar, and a lot of people get rid of them after short ownership cycles. It's definitely a buyers market now that they've been out for a while.

TM · 06-05-2018, 11:12 PM

Heh, I remember back in the days when it was first released, dealers were selling this car for $7,000 ABOVE MSRP...

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extrashaky · 06-06-2018, 12:28 AM

Quote:

Originally Posted by Summerwolf

These cars don't really sell when you try to get a real value from them.

What's "a real value"?

These cars are still doing better than the average depreciation curve for a used car. They have more residual equity left in them than they should. Is that "fake value"?

Quote:

Originally Posted by Summerwolf

There are too many in the market going for pennies on the dollar...

Show me where you're finding too many BRZs selling for "pennies on the dollar" that aren't wrecked or don't have salvage titles.

Dan37BRZ · 06-06-2018, 01:09 AM

Quote:

Originally Posted by funwheeldrive

Go get an appraisal from CarMax. I bet you will get close to that. They pay pretty well.

Yup, I went to CarMax and they gave me over KBB trade-in.

2015 Limited 6spd with 30k miles, got $16,500 from CarMax, I think KBB trade-in was like 15,500-16,000. Easy peasy, in and out with a check in 45 minutes.

06-05-2018, 02:13 PM	#1
iggy Member Join Date: Jun 2012 Drives: 2014 WRB BRZ Limited 6MT Location: Philly, PA Posts: 66 Thanks: 18 Thanked 23 Times in 15 Posts Mentioned: 2 Post(s) Tagged: 0 Thread(s)	Has BRZ value tanked or am I just being lowballed? The title says it all. I'm in the process of switching careers and looking to lower my expenses, so as much as I love the car it's time to sell it. I've posted it for sales in the usual places (cars.com, cargurus, craigslist and FB marketplace) and have been bombarded by a bunch of lowball offers....but very little real interest. Is it the places I'm listing the car or just the general shitstorm that is selling an enthusiast car?

06-05-2018, 03:12 PM	#7
JazzleSAURUS Senior Member Join Date: May 2015 Drives: 15 BRZ LTD, 05 FXT Location: Western MA Posts: 1,032 Thanks: 561 Thanked 558 Times in 351 Posts Mentioned: 9 Post(s) Tagged: 0 Thread(s)	I have my '15 with 41k listed at 16.5k stock, 19k with the modifications in my signature along with 3 sets of wheels and tires (plus all the stock parts!) and people are asking me if I'll accept monthly payments... __________________ SOLD: 2015 WRB BRZ Limited ('02 WRX BBS, S-04's, Stoptech Sport pads, MXP SP, AVO drop in filter, Mishimoto Intake tube, decatted header, OFT 93 Stage 2 EL Tune, Kartboy rear shifter bushing, Whiteline transmission and subframe lockout bushings, ST Coilovers, SPC Camber bolts w/smaller crash bolt, SPC LCA's & SPC Toe Arm bushings, Red TOMs, TRD Wing.)

06-05-2018, 03:30 PM	#8
NCtoBRZ Senior Member Join Date: Nov 2017 Drives: 2017 Subaru BRZ PP WRB Location: Gulf Coast Posts: 383 Thanks: 71 Thanked 206 Times in 128 Posts Mentioned: 3 Post(s) Tagged: 0 Thread(s)	The twins tend to attract a younger buyer. I would be willing to bet that most of the insanely lowball offers and offers to make monthly payments are coming from younger people who are barely making over minimum wage. At the same time, as mentioned, there have been a couple of refreshes since the 2014 year model and your car is getting close to the end of the factory drivetrain warranty so that limits the appeal to some extent.

06-05-2018, 10:07 PM	#9
Aluma007 Senior Member Join Date: Sep 2016 Drives: 2017 Brz Location: TX Posts: 305 Thanks: 105 Thanked 78 Times in 64 Posts Mentioned: 1 Post(s) Tagged: 0 Thread(s)	I was offered 18000 for my 17 brz limited at a local dealership on a trade in...local subaru offered like 21000...kbb and nada had it at over 23000 without any mods.

06-05-2018, 10:08 PM	#10
extrashaky Senior Member Join Date: Mar 2014 Drives: 2014 BRZ Limited Location: USA Posts: 4,045 Thanks: 1,100 Thanked 5,618 Times in 2,266 Posts Mentioned: 55 Post(s) Tagged: 1 Thread(s)	KBB says the car you described in the Philadelphia area is worth $14K to $16K, average right at $15K in a private party sale. Edmunds says it's worth $14K. Based on an average depreciation curve for a used car, a four year old BRZ shouldn't be worth more than about $13K now. So no, BRZ value has not tanked. It's actually still doing better than average. If you don't like the offers you're getting, don't accept them. But keep in mind the car is only worth what someone is willing to pay for it. If I understand correctly, you bought it used, so it's already been through at least two owners. If I were in the market for a used BRZ, I'd be checking KBB and Edmunds, then not paying higher than their ranges for a vehicle that may or may not have been through two cycles of abuse already before I get it.

06-05-2018, 10:59 PM	#11
Summerwolf Panda Trueno Join Date: Jan 2015 Drives: No twin now. Location: North Indiana Posts: 3,347 Thanks: 2,113 Thanked 2,407 Times in 1,332 Posts Mentioned: 17 Post(s) Tagged: 2 Thread(s)	These cars don't really sell when you try to get a real value from them. There are too many in the market going for pennies on the dollar, and a lot of people get rid of them after short ownership cycles. It's definitely a buyers market now that they've been out for a while.

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