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The mkiv Supra Owners Club

What are people smoking these days or are prices rising?


SupraLEDrears

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The last 6 weeks I've been seeing NA's fore sale over the 8k mark. Are people on some new kind of drugs or are prices genuinely rising? I can understand that you might put a lot of money into a car but everyone should know that it's not a returnable investment, unless you keep it locked up for 20 years and do no more than 10k miles.

 

I'm trying to find the root of this pricing fiasco. Are people seeing the American market prices and thinking their cars are worth the same? Let me know your thoughts.

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I am actually surprised the US prices havent had a bigger or at least quicker impact to prices here. When people can make more money exporting a car than selling within the country its not so unreasonable for sellers to ask UK buyers to cough up more too.

 

Same has happened in Japan. No cheap finds there now either, largely due to the exports.

 

Plus with the cars getting older and rarer I am not too surprised personally although I do agree the prices for a number of NA cars I have seen recently is astronomic!

 

 

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The root of the pricing fiasco is they aren't making them any longer and more people seem to want to buy them than are selling them.

 

For £8k you can buy a 4 year old Focus or a Supra, what sensible boy would want the Focus that'll be worth £5k next year while the Supra will be worth probably £9k.

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Perhaps Supra forums isn't the best place but my advert at $18k on there got zero replies! I don't think they like Rhd or uk cars that much!?

 

But if you want a Supra our prices were the rock bottom at one point, I think Australia might be that now? But we are still low'ish.

 

So if you are globally lower in the price rankings it's hard to believe it'll go down right now? For anyone in doubt go onto goonet and do the yen to gbp conversions on prices then add shipping duty and vat and compare to the 8-9k na's here!

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If everyone raises the prices and people pay those prices. It will continue to forever rise.

 

I think only when they stop selling will the prices stop going up.

 

There is also the other viewpoint that our cars have been under valued for quite some time. So the increasea are more of an adjustment. That would be nice to consider.

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Normal due to the USA thing going on, we had a spike years ago when loads of import and UK specs went from the UK to Europe, lessening the amount over here becuase they were cheap. Times have changed, prices have risen and people worldwide are still looking for Supras now, all the more now as Japan is running low on quality supras compared to 10 years ago. People will look to the UK for supras as we had mostly Imports...many other reasons too

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I think a really good condition stockish NA auto with less than 100k on the clock will be 10K within a year or two. The laws of supply and demand will see prices keep rising as they will always be in demand and there is becoming less and less of them. We need to get more of the 6K sheds off the road as they hold the prices of the good cars down.

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My opinion, its a self generating market, by which I mean - Person A "Whats my NA worth?" Internet - "At least 12k" With absolutely no idea on the car or its history. So then every NA is worth 12k, and then you get the chancers who put a car up at 15. You see where I'm going.

 

Much as I like this forum, its a part of the problem, just look at any what's it worth post, the first post is always an unrealistic value

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If people aren't so willing to sell, the inflated prices will have to stick around.

 

It's similar to rising house prices, it's fine if you don't sell, or want to sell, but for anyone wanting to jump in or someone wanting a second Surpa, it makes it harder.

 

Swings and round a abouts.

 

I've seen LOADS of Supra pop up for sale since the SupraBoom. Low posting members. Just goes to show, those old hidden away members have been turned by the income the S-Boom has created.

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I've seen LOADS of Supra pop up for sale since the SupraBoom. Low posting members. Just goes to show, those old hidden away members have been turned by the income the S-Boom has created.

 

It shows when the Supra was virtually worthless that they thought it was nice and not worth selling, now the prices have risen perhaps they are cashing in or perhaps they see better vfm elsewhere......ISF 370Z etc etc. What remains to be seen is if old/long term members/owners are drifting will there be sufficient new owners for the Supra's or will they shy away to the perceived better vfm options?

Edited by Scooter (see edit history)
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I don’t think prices are that bad at the moment. To be fair UK have the cheapest supras. We should consider ourselves lucky. TT 6 manuals in UK are barely touching 35k which is much lower than what US and Japan are paying....

 

Only saying that as I have over paid for mine 38k by a bit... yes I am properly smoking something... but I wanted a clean/ stock white TT6 manual. I think UK cars are a bargain right now I probably should have hold out a bit longer .... at the end of if skylines r34 GT3 worth 60 k for clean examples why can’t a supra follow the suit.

 

Both are 2 of the JDM kings...

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You are one of the few, someone with the means to buy a pinnacle car. If the prices keep going the way they are there won't be a UK market, because nobody will be able to afford them.

 

You can't compare the US market to any other due to limited numbers, crazy rules and strict governance. They just cant import cars ad. hoc like we can

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Seems to be the norm for cars that have aged well over time.

 

Look at old Ford Escorts. You used to be able to pick them up for a packet of crisps in the 70's and now the well survived examples (even modified ones) are into 5 figures. And there's not exactly a massive shortage of those either.

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  • 2 weeks later...

Am i the only one that keeps looking at this post and just does not understand it? Of course the prices will go up. Supra is a legendary car that is becoming harder to find a good one. Why would prices not go up? These sort of cars do not have a book price. They are worth whatever the seller is happy to sell for and whatever the buyer is happy to pay. The only thing holding prices from really sky rocketing is the fact that there are still a few 6K sheds knocking about.

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