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Scion FR-S / Toyota 86 GT86 General Forum The place to start for the Scion FR-S / Toyota 86 | GT86 |
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11-29-2021, 09:47 PM | #1 |
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Trade in values vs. List price
Hey all. I haven't really thumbed around for car values in the recent years. Having looked just recently it seems like used 86 prices are much higher going with the trend of car shortages right now. However when trying to get a baseline value assessment it seems a 2013 with 100k+ miles stills sits around 8-9 grand. It's crazy because I'm seeing used listings with multiple accidents, even frame damage going upwards of 17,000. Is this just how the market works right now? I figured trade in values would be up along with other vehicles but it seems they are stagnant for the 86. I feel like baseline has held the same over the past 4-5 years however the list prices have sky rocketed.
I'm asking in preparation for an insurance decision. Some donkey plowed right into me and I might be near the totalling threshold. Seems like a bad spot to lose a car right now. Thanks and happy holidays |
11-30-2021, 01:43 AM | #2 |
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Its the 100k+ that hurts the resale value. My 2013 BRZ with 68K is good for ~$17500 both private and trade in apparently. That's only $2500 less than I bought it for 5 years ago. Interesting times for sure.
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11-30-2021, 08:10 AM | #3 |
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There are low mileage recent model years selling (actually selling not just asking) for at or even slightly above what was originally paid for on them.
Unfortunately mileage still rules even in this bizarre market so the higher it is the less it is worth. Even then you will still be ahead because that $8K - $9K car today would have only been $6K to $7K in a "normal" market.
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