Expected Price of car in 3-5 years?

[Capt Canuck]

^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 :-)

[gt86mods]

Originally Posted by Capt Canuck

^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?

[chulooz]

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.

[gt86mods]

Originally Posted by chulooz

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.

[FRSDREAMER]

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?

[gt86mods]

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.

[FRSDREAMER]

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.

[OrbitalEllipses]

Originally Posted by FRSDREAMER

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.

Originally Posted by gt86mods

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.

The Supra had a movie to hype it, remember?

[FRSDREAMER]

[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.

[Jordo!]

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

[tranzformer]

Originally Posted by FRSDREAMER

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.

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.

[OrbitalEllipses]

Originally Posted by FRSDREAMER

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.

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.

Originally Posted by tranzformer

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.

+1.

[powertrip]

general 3 year value on a car like this would be 60-75% of original value. 5 years probably closer to 35-50% (mostly since now up there in miles and out of warranty).

[FRSDREAMER]

Well the way you guys are telling it....

I'll never own an FRS, but thanks anyway Guys for the help. I appreciated it. Hachi you can delete this thread if you want to.

Enjoy the FRS/BRZ when you guys get it!:happy0180: