Really getting pee'd off at the low Supra values.

[RedM]

Contraversial type of car, Japanese, association with Gran Tourismo and IT geeks, halo of chav culture. The official EU cars come over in April 2009 which will compound a grey owners problems after already going through 14 months of financial instability & credit is getting harder to obtain.

 

Don't I feel a plum! You meant grey imports not GTRs with grey bodywork.

[n boost]

My mate has lost nearly 12k on his r34 gtr in this last year. He paid nearly 38k from middlehurst and now similiar examples can be had for around 26-28k......Ouch!

What's worst is he has not even driven it in this last year as he has been upgrading most parts, so has spent another 8k.

I lost quite a bit on my supra about 11k but that was over the 3 yrs i had it and enjoyed it.

Had to count my losses as market seems to be getting worst and was worried about loosing even more money with time. Most people i know are going for newer cars as myself.

[Pabs]

Most people i know are going for newer cars as myself.

 

 

buying newer cars does not solve the problem - they'll depreciate just as much as the older ones, if not more.

 

IMO you lose a LOT more money on new cars as it is usually in the first 3 years you see the worst of the depreciation.

[n boost]

buying newer cars does not solve the problem - they'll depreciate just as much as the older ones, if not more.

 

IMO you lose a LOT more money on new cars as it is usually in the first 3 years you see the worst of the depreciation.

 

I meant newer as in say 02/03 range. I mean u can get an e46 m3

for around 15-20k depending on spec etc.

Most supras are now over 13-15 yrs old and a lot of people are not paying 12-15k for these as there is alot on offer in the current market for that price range.

[dangerous brain]

Hmm I dunno. Lately the heavier drinkers have taken a real blast especially heavily modded cars. Mine I'd be surprised if it would fetch half of what I paid for it a year ago. It was 15 years old already when I bought it so another year should make cock all difference using that logic but this last year has been very hard on the performance car market.

[Chris Wilson]

If you worry about losing money on cars you do what I do and drive around in old sheds

[RedM]

If you worry about losing money on cars you do what I do and drive around in old sheds

 

I do. Mine's called a Supra.

[Gazboy]

Hmm I dunno. Lately the heavier drinkers have taken a real blast especially heavily modded cars. Mine I'd be surprised if it would fetch half of what I paid for it a year ago. It was 15 years old already when I bought it so another year should make cock all difference using that logic but this last year has been very hard on the performance car market.

 

 

I have to say, I was absolutely shocked at the value your Aerotop plummeted to, I can't imagine even in percentage terms that Supras would loose that again unless we have an economic meltdown, and by then I doubt any of us would care as we'd have bigger things to worry about.