UK Market Vs Everywhere Else

[Mo Reviews]

I also bought both of mine last year...

[Ric]

This car being a prime example - https://webcache.googleusercontent.com/search?q=cache:Du5tp-9DqnkJ:https://www.platinumautos.co.uk/used-toyota-supra-princes-risborough-buckinghamshire-2626117+&cd=1&hl=en&ct=clnk&gl=uk

 

If it's a genuine GZ then its not far off?

[Frank Bullitt]

If it's a genuine GZ then its not far off?

 

It's not and certainly not an OEM flavour so should be priced accordingly. Front bumper, front bumper indicators, facelift rear spats, facelift rear lights, aftermarket front speakers, aftermarket exhaust, aftermarket roof the list goes on.

 

Oem and stock is where the maximum pricing seems to be, this car is far from it.

[Noz]

Interesting thoughts and opinions.

 

I expect similar situations of people milking it contributing to inflating the markets natural increases were also seen during the residential boom.

 

It doesnt make it right and I can see why some people dont like it.

 

But dont we all want the most when selling a car?

 

It would change the whole scene I feel if they rise to R34 prices. Which would be insane.

 

I find the dynamics of that quite interesting. Many sell up. The types of owners change and the response the enthusiasts have, also shifts. Much like it has already.

 

I remember a TT single 585hp costing 16k and I was in awe of the power and ability to own such a car. These days that's NAt money! But back then I'd only paid 3.5k for my little NA.

Edited February 4, 2020 by Noz (see edit history)

[Frank Bullitt]

With regards parts I personally have spent years collating a collection of the rarest parts I could find. So are these worthless here!? I don't this it's sellers being unrealistic but more that the buyers just don't like the reality of the cost.....realistically are we saying sellers need to look abroad for buys to get an items true worth!?

 

If you bought the parts years ago when prices were cheap then realistically they owe you very little. Any cars or parts advertised for sale often sell for the asking price and usually quite quickly if the pricing structure is reasonable. Just as Craig's car did for example.

 

I would say it's six of one half a dozen of another. Buyers will only pay what they think something is worth, trying to force people to pay high prices won't work especially if the prices are already higher than UK buyers are willing to pay.

 

I would suggest looking further afield for people who are willing to pay more or who have deeper pockets. If you want a specific price then you are going to have to work to achieve it.

Edited February 4, 2020 by Frank Bullitt (see edit history)

[Mo Reviews]

What I genuinely find truly fascinating is how some people think it is perfectly acceptable for R34s to go from £25k to £100k (a 300% gain) but when Supras go from £10k to £25k (a 150% gain) the same individuals are not so understanding?

 

I don't see these conversations on the GTR forum? Perhaps they are just better at appreciating appreciation? Pun intended.

 

I also don't quite understand why some of us appear to be so anti-appreciation when most of the members on this forum own at least one of these cars, and it is our own interest for our assets to be appreciating rather than depreciating, unless I am missing something here??

 

Notwithstanding, I have no doubt that when these same individuals decide to sell, they themselves will pitch their cars at market value, rather than what they 'think' they are worth.

Edited February 4, 2020 by Mo Reviews (see edit history)

[peter richards]

my Brooklands 280 if I still had it now is worth a fortune but that was a limited number 1038 in all of which mine was 1001 on a d plate ,so as for the supra not really a limited edition but special all the same ,and its only worth what someone will pay

[Frank Bullitt]

It's not as simple as that, you need to look at the bigger picture where the R34 is concerned. They weren't ever produced in the numbers the RHD Supra was and they weren't sold in the USA. Supply and demand which is something you just don't have with the RHD Supra, well not to the same extent anyway.

 

I would rather the Supra be a slow appreciating classic rather than taking off like the R34 did as there is a lot less chance of the bubble bursting which would leave a lot of people severely out of pocket.

[Mo Reviews]

According to this website, there were 67,262 R34s produced. Now according to this website, there were 45,230 MKIV Supras made. So unless I am missing something, there were more R34s produced than there were Supras...

 

I do however agree with you on one point as I would much rather prefer a slow and steady appreciation than a fast and reckless one. We all know what happens when things sky rocket, take Bitcoin as a prime and recent example of this. Although, I have no doubt that it will yet again make higher highs, it has left a lot of people severely out of pocket. But as I said, the market will do what the market wants to do...

Edited February 4, 2020 by Mo Reviews (see edit history)

[Stephen88]

I have paid close to 40k for my white TT6 last year from Torque GT, I definitely feel that I have over paid based on the UK market but then again I don't think I could have found one as immaculate as I wanted looking at used cars here. I bought the car based on the prices increasing in Japan and US . I felt like I have made a financial mistake or have been on the hype train from overseas demand. But at the end of the day there were very few cars for sale in the UK so I just made a quick decision as there was an overseas buyer who was also interested in the car.

 

I think the appreciation in classic JDMs here is not as high as say in US , Ireland or Japan.. Not sure about other parts of Europe. Same could be said for skylines r34 gtr asking price will be around 80K for a bayside blue by the time it gets to the UK but who's got the money to pay for it here? People who do have the cash in their 30s, 40s to 50s are looking at 964s or 993s.

 

There just seems to be very few of us who are into the JDM scene here, I say that because I am struggling to come across anyone who owns a skyline, or will watch Best Motoring videos on youtube. Someone who would buy a Supra Mk4 or a MK5 even would have an appreciation or knowledge of the JDM culture.... e.g. Ridox, Top Secret, nismo, TRD, Wangan, Initial D etc...

To me it seems to be a lost culture here.

I have just come back from Japan for Holiday... and I'm not even going try to compare the car culture there to here, but the problems is the young ones are just financing on Golf R etc .... making pops and bangs. In Japan a casual meet on a rainy day at Daikokufuto Car Park puts any Tescos car park meet to shame.... Another great example is the Retro Japanese magazine by Hub Nut was a fantastic magazine. However due to HubNut leaving the publishing company could not be bothered to find a new editor due to the poor sales.

Even car models....Ignition Model do the Finest JDM models out of any brand I have seen.... who's even buying them here. I have to import these things. I could go on... great topic as this has been on my mind for a while now.

[Frank Bullitt]

No idea in all honesty. I am talking about the fifth generation produced from 1999–2002 GF-BNR34. Wiki gives the following breakdown for production figures which is what I based my comment on.

 

GT-R (Series 1) = 2,709

V·Spec = 4,193

V·Spec N1 = 38

V·Spec UK = 81

V·Spec Hong Kong = 10

V·Spec New Zealand = 5

V·Spec Singapore = 10

Unknown (Series 1) = 20 (pre-production cars including GT-R (Series 1), V·Spec and V·Spec N1).

GT-R (Series 2) = 1,268

V·Spec II = 1,855

V·Spec II Nür = 718

V·Spec II N1 = 18

V·Spec II New Zealand = 2

M·Spec = 366

M·Spec Nür = 285

NISMO Z-Tune = 19 Note: The Z-tune were built on used cars, which is why that number can not be added to the total figure below.

 

Total = 11,578

[Mo Reviews]

No idea in all honesty. I am talking about the fifth generation produced from 1999–2002 GF-BNR34. Wiki gives the following breakdown for production figures which is what I based my comment on.

 

GT-R (Series 1) = 2,709

V·Spec = 4,193

V·Spec N1 = 38

V·Spec UK = 81

V·Spec Hong Kong = 10

V·Spec New Zealand = 5

V·Spec Singapore = 10

Unknown (Series 1) = 20 (pre-production cars including GT-R (Series 1), V·Spec and V·Spec N1).

GT-R (Series 2) = 1,268

V·Spec II = 1,855

V·Spec II Nür = 718

V·Spec II N1 = 18

V·Spec II New Zealand = 2

M·Spec = 366

M·Spec Nür = 285

NISMO Z-Tune = 19 Note: The Z-tune were built on used cars, which is why that number can not be added to the total figure below.

 

Total = 11,578

 

I don't think that Wikipedia page accounts for all the variations of the R34. I.e. GTT, GTST, etcetera. So not a fair comparison considering the non-TT6 models that are accounted for with respect to the Supra.

[tayr]

I have paid close to 40k for my white TT6 last year from Torque GT, I definitely feel that I have over paid based on the UK market but then again I don't think I could have found one as immaculate as I wanted looking at used cars here. I bought the car based on the prices increasing in Japan and US . I felt like I have made a financial mistake or have been on the hype train from overseas demand. But at the end of the day there were very few cars for sale in the UK so I just made a quick decision as there was an overseas buyer who was also interested in the car.

 

I think the appreciation in classic JDMs here is not as high as say in US , Ireland or Japan.. Not sure about other parts of Europe. Same could be said for skylines r34 gtr asking price will be around 80K for a bayside blue by the time it gets to the UK but who's got the money to pay for it here? People who do have the cash in their 30s, 40s to 50s are looking at 964s or 993s.

 

There just seems to be very few of us who are into the JDM scene here, I say that because I am struggling to come across anyone who owns a skyline, or will watch Best Motoring videos on youtube. Someone who would buy a Supra Mk4 or a MK5 even would have an appreciation or knowledge of the JDM culture.... e.g. Ridox, Top Secret, nismo, TRD, Wangan, Initial D etc...

To me it seems to be a lost culture here.

I have just come back from Japan for Holiday... and I'm not even going try to compare the car culture there to here, but the problems is the young ones are just financing on Golf R etc .... making pops and bangs. In Japan a casual meet on a rainy day at Daikokufuto Car Park puts any Tescos car park meet to shame.... Another great example is the Retro Japanese magazine by Hub Nut was a fantastic magazine. However due to HubNut leaving the publishing company could not be bothered to find a new editor due to the poor sales.

Even car models....Ignition Model do the Finest JDM models out of any brand I have seen.... who's even buying them here. I have to import these things. I could go on... great topic as this has been on my mind for a while now.

 

Don't worry mate, if i hadn't of got mine a few weeks before that one became available i would have bought it from them myself.

 

It was immaculate and trying to find one in as good as condition is very hard. As per my previous post i have spent a few k getting mine to where im happy with it. So puts it in a similar ball park to yours

[Stephen88]

Don't worry mate, if i hadn't of got mine a few weeks before that one became available i would have bought it from them myself.

 

It was immaculate and trying to find one in as good as condition is very hard. As per my previous post i have spent a few k getting mine to where im happy with it. So puts it in a similar ball park to yours

 

Yes it had rust issue where the boot hinge is. The tachometer didn’t work. Both which Torque GT has sorted which was good of them. They have managed to source me a set of 17inch rims. Just need to get a carbon steering wheel now.

[Mo Reviews]

I have paid close to 40k for my white TT6 last year from Torque GT, I definitely feel that I have over paid based on the UK market but then again I don't think I could have found one as immaculate as I wanted looking at used cars here. I bought the car based on the prices increasing in Japan and US . I felt like I have made a financial mistake or have been on the hype train from overseas demand. But at the end of the day there were very few cars for sale in the UK so I just made a quick decision as there was an overseas buyer who was also interested in the car.

 

I think the appreciation in classic JDMs here is not as high as say in US , Ireland or Japan.. Not sure about other parts of Europe. Same could be said for skylines r34 gtr asking price will be around 80K for a bayside blue by the time it gets to the UK but who's got the money to pay for it here? People who do have the cash in their 30s, 40s to 50s are looking at 964s or 993s.

 

There just seems to be very few of us who are into the JDM scene here, I say that because I am struggling to come across anyone who owns a skyline, or will watch Best Motoring videos on youtube. Someone who would buy a Supra Mk4 or a MK5 even would have an appreciation or knowledge of the JDM culture.... e.g. Ridox, Top Secret, nismo, TRD, Wangan, Initial D etc...

To me it seems to be a lost culture here.

I have just come back from Japan for Holiday... and I'm not even going try to compare the car culture there to here, but the problems is the young ones are just financing on Golf R etc .... making pops and bangs. In Japan a casual meet on a rainy day at Daikokufuto Car Park puts any Tescos car park meet to shame.... Another great example is the Retro Japanese magazine by Hub Nut was a fantastic magazine. However due to HubNut leaving the publishing company could not be bothered to find a new editor due to the poor sales.

Even car models....Ignition Model do the Finest JDM models out of any brand I have seen.... who's even buying them here. I have to import these things. I could go on... great topic as this has been on my mind for a while now.

 

Sounds like I live in the wrong country then!

 

Don't be disheartened, this uncertainty and slight toxicity towards these cars becoming appreciating classics can be quite torrid to navigate. Rest assured though, as with any market, after all the dust settles, the market will do what the market wants to do and, for the record, I don't think you made the 'wrong' choice here. According to some high profile importers in the UK, their biggest customer base appears to be coming from Europe.

[mplavery]

Yes it had rust issue where the boot hinge is. The tachometer didn’t work. Both which Torque GT has sorted which was good of them. They have managed to source me a set of 17inch rims. Just need to get a carbon steering wheel now.

 

There are loads of very clean MkiV’s (mine for one of them) just not for sale

[Noz]

There are loads of very clean MkiV’s (mine for one of them) just not for sale ��

 

They are all for sale. Just at the right price!

 

100k to sell?

[Mo Reviews]

In the words of Warren Buffet, "Price is what you pay. Value is what you get".

[Frank Bullitt]

I don't think that Wikipedia page accounts for all the variations of the R34. I.e. GTT, GTST, etcetera.

 

Possibly but I don't think they sell for circa 100K...

 

So were are we with collector status, desirable colours and models.

 

TRD conversions have to be at the pinnacle of collectable status don't they? Colour wise, Monkey Shit Brown, DGJ and 576 (yellow) seem to be the least common in either manual six speed or auto flavour. GZ aeros, late production (2002) TT6 and any White TT6 à la Paul Walker.

 

To me, these seem to be the sound investments over anything else.

[Mo Reviews]

Possibly but I don't think they sell for circa 100K...

 

So were are we with collector status, desirable colours and models.

 

TRD conversions have to be at the pinnacle of collectable status don't they? Colour wise, Monkey Shit Brown, DGJ and 576 (yellow) seem to be the least common in either manual six speed or auto flavour. GZ aeros, late production (2002) TT6 and any White TT6 à la Paul Walker.

 

To me, these seem to be the sound investments over anything else.

 

Similarly, NAs don't sell for £40k...

 

White seems to be the colour of choice at the moment, whilst the TRD 3000gt guise is probably the most desirable, due to their limited quantity.

Edited February 4, 2020 by Mo Reviews
Grammar! (see edit history)

[Spunkmeyer]

They are all for sale. Just at the right price!

 

100k to sell?

 

Deal, free at the wknd?

Will include 1kg of Haribo

 

 

 

[Mo Reviews]

Deal, free at the wknd?

Will include 1kg of Haribo

 

 

/QUOTE]

 

On first reading, my brain bizarrely substituted the word Haribo with the word Heroin...

[Frank Bullitt]

Similarly, NAs don't sell for £40k...

 

White seems to be the colour of choice at the moment, whilst the TRD 3000gt guise is probably the most desirable, due to their limited quantity.

 

Sorry it's been a long day and my brain is frazzled. I seem to be getting in a muddle. I thought we were talking about the collectable R34s increasing from £25k to £100k in comparison with the Supra TT6. Not the NA Supra or GTT & GTST. Hence the supply and demand analogy and mentioning of production numbers being lower than the Supra.

[tayr]

Yes it had rust issue where the boot hinge is. The tachometer didn’t work. Both which Torque GT has sorted which was good of them. They have managed to source me a set of 17inch rims. Just need to get a carbon steering wheel now.

 

Thats really good, if the rust was where the top of the bootlid meets the back of the roof (in that groove) then mine had it too, very light surface rust. Had that part professionally removed,treated and resprayed at my cost so it's good that they took care of it for you. I guess it's just one of those areas which is prone to it.

[Mo Reviews]

Sorry it's been a long day and my brain is frazzled. I seem to be getting in a muddle. I thought we were talking about the collectable R34s increasing from £25k to £100k in comparison with the Supra TT6. Not the NA Supra or GTT & GTST. Hence the supply and demand analogy and mentioning of production numbers being lower than the Supra.

 

Apologies if I didn't make it clear, I was referring to the entire model range so all the Supras and all the R34s, as both marques have experienced a rise in value. The GTR and the TT6 for the R34 and Supra, respectively, being the flagship models that have seen the largest hike of course.