G29 vs Supra Residual Values

[Zeld4]

Just been looking on the Toyota web site and it seems the Supra is already sold out and you need to join the queue. I’ve already predicted that the Supra will probably sell more than list second hand at first, but what do people think about longer term residuals? If you bought new Z4 M40i and a Supra at full price, which is going to hold more of its value after 2 years? I would say the Z4 will retain 55 to 60 percent of its value after 2 years, the Toyota I would say 80 percent at least. Supply with play a part in keeping Supra prices high, and BMW willl be knocking 15% percent of its price within a year which won’t help residuals if you’ve stumped up too whack and bought a new one at full price.

So what do people think? :tumbleweed:

 

[buzyg]

Not a scooby dooby doo.

 

[idej_z4]

I'm no expert at all and this is just opinion, but long term I think the BMW will hold longer term value purely down to the badge, unless the new Supra is in the same vain as the S2000.

Over a couple of years (apart from the Ltd edition versions of the Supra) I think they'll pretty much be on a par.

That said, I know very little about new car value in the short term owning two cars both 10 years old.

 

[Mr Tidy]

It's hard to predict to be fair.

As you said if BMW start giving discounts that won't help.

So far as badge goes, I don't think that will make much difference - after all GT86 values have held up pretty well and they're a Toyota! Longer term, have you seen what 90s Supras sell for now?

Personally I'm hoping Toyota go ahead with a manual option, and that their values plummet. That's the only one I'd want. :lol:

 

[buzyg]

Personally I'm hoping Toyota go ahead with a manual option, and that their values plummet. That's the only one I'd want. :lol:

:driving:

Indeed.

 

[Zedtastic]

When it comes to future car values, its all about demand vs supply (same as anything else). The quality of the car, or the presige of the badge plays little part. As an example, whats a better car; my BMW E86, or a 1979 Ford Escort RS? Why should the Escort be worth 3 or 4 times as much?
Between the G29 and the Supra, I would guess the one worth the most after two years would be the one with the least availability on the second hand market. To judge that, look at the current availability new. If I were to bet, my money would be on the Supra.

 

[Angelus666]

It’ll be the Supra all day long. Absolutely no doubt about that. For the jap fans there’s been very little over the past 10 years to get excited about, so I think they’ll go crazy on this and it’ll trade above list for the first year in much the same way as a GT4 has done.

The Z4 will be trading at £35k after 12 months and 10k miles.

 

[Angelus666]

I think looking at the SLC 43 is a good bench mark for the M40i...that’s a £53k car new that you can now buy at £30k after 12 months and 5k miles.

 

[J400uk]

It’s hard to say really. I think used values will be similar after the first year, but initially the Toyota will be higher due to the limited supply. Having said that I think over 3-years the BMW will hold its value as a percentage higher, owing to the lower list prices of the Z4

I think looking at the SLC 43 is a good bench mark for the M40i...that’s a £53k car new that you can now buy at £30k after 12 months and 5k miles.

Z4 should hold its value better than that! Mercedes seem to have the weakest residuals of all the German brands these days. They’ve been very aggressive with trying to achieve high sales figures which has then knocked back used values. SLC is particularly poor as it’s had some negative reviews and isn’t a popular car.

Audi TTS Roadster is probably a better benchmark I think!

 

[Z4M-2006]

Ones a coupe

Ones a ragtop

Only one winner there ..

 

[mr wilks]

Ones a coupe

Ones a ragtop

Only one winner there ..

Succinctly put additionally one is clearly easier on the eye from a styling point too

 

[Angelus666]

The TTS can be had for below £30k with 10k miles on it...and to be honest it’s a more appealing car to more people. It’s a prettier car, it’s 4wd.

I think the new Z4 will be a pretty good used car to buy after 12 month...when you’ve let someone else take the big hit of a £20k loss.

 

[mr wilks]

The TTS can be had for below £30k with 10k miles on it...and to be honest it’s a more appealing car to more people. It’s a prettier car, it’s 4wd.

I think the new Z4 will be a pretty good used car to buy after 12 month...when you’ve let someone else take the big hit of a £20k loss.

Looking longer term (3-5 years) i think the G29 will really struggle with both sales & residuals , the new car market is seemingly on the decline & unlikely to improve anytime soon
Unless the G29 is offered at silly money lease deals i really can't see where the demand is going to be for them :?

 

[Angelus666]

It’ll be interesting to see how they play it, but can’t see there being any wait lists for it, which will accelerate the manufacture and dealer contribution offers. Given the market isn’t buying this type of car much anymore, it makes it even stranger that they didn’t just use this as a halo car for design and a bit of craziness fun like the Z8 was.

I really wouldn’t be ordering one now unless you don’t really care about losing money.

 

[mr wilks]

It’ll be interesting to see how they play it, but can’t see there being any wait lists for it, which will accelerate the manufacture and dealer contribution offers. Given the market isn’t buying this type of car much anymore, it makes it even stranger that they didn’t just use this as a halo car for design and a bit of craziness fun like the Z8 was.

I really wouldn’t be ordering one now unless you don’t really care about losing money.

Surely nobody sane would actually "order" one as in spend their own money :? "borrowing" one for 24 months @ £300 a month is a different prospect :wink: even then i wouldn't even consider it myself but at least the £7k/£10k it costs you will be less than you would lose actually owning it

 

[Paulwirral]

I think looking at the SLC 43 is a good bench mark for the M40i...that’s a £53k car new that you can now buy at £30k after 12 months and 5k miles.

I bought an slc 43 amg two years ago , the discounts are great and mine was neck end of 10k cheaper than that , and take no notice of the reviews, it's a great little car that does everything very well at a bargain price , I was going to buy a boxster s but similar spec added up to just less than 60k
6 pot engine up front with a great noise , lsd std , turn off completely traction control , over 350bhp , remind you of anything ? And I can confirm it's equally as fast and handles just about as well !!!! I've driven both by the way
As for residuals, wait few months and see what happens with brexit , if it actually does happen , I've held off buying anything for ages as personally I can see the bubble bursting and some of us mere mortals actually being able to afford dream classic , gt3 or similar . Paying a premium for an ugly Toyota is madness , there's got to be a price correction coming soon ? The older amongst us have seen this happen before. , with cars and houses .

 

[mr wilks]

I think looking at the SLC 43 is a good bench mark for the M40i...that’s a £53k car new that you can now buy at £30k after 12 months and 5k miles.

I bought an slc 43 amg two years ago , the discounts are great and mine was neck end of 10k cheaper than that , and take no notice of the reviews, it's a great little car that does everything very well at a bargain price , I was going to buy a boxster s but similar spec added up to just less than 60k
6 pot engine up front with a great noise , lsd std , turn off completely traction control , over 350bhp , remind you of anything ? And I can confirm it's equally as fast and handles just about as well !!!! I've driven both by the way
As for residuals, wait few months and see what happens with brexit , if it actually does happen , I've held off buying anything for ages as personally I can see the bubble bursting and some of us mere mortals actually being able to afford dream classic , gt3 or similar . Paying a premium for an ugly Toyota is madness , there's got to be a price correction coming soon ? The older amongst us have seen this happen before. , with cars and houses .

Much sense there Paul , its not just the brexit fiasco (although this must be affecting current values of high value used cars ) the whole VED caper payable on new cars both initially & for the following years along with the hooha over petrol / diesel /hybrid /electric being the way forward is making for a very unpredictable marketplace .

 

[Paulwirral]

I think looking at the SLC 43 is a good bench mark for the M40i...that’s a £53k car new that you can now buy at £30k after 12 months and 5k miles.

I bought an slc 43 amg two years ago , the discounts are great and mine was neck end of 10k cheaper than that , and take no notice of the reviews, it's a great little car that does everything very well at a bargain price , I was going to buy a boxster s but similar spec added up to just less than 60k
6 pot engine up front with a great noise , lsd std , turn off completely traction control , over 350bhp , remind you of anything ? And I can confirm it's equally as fast and handles just about as well !!!! I've driven both by the way
As for residuals, wait few months and see what happens with brexit , if it actually does happen , I've held off buying anything for ages as personally I can see the bubble bursting and some of us mere mortals actually being able to afford dream classic , gt3 or similar . Paying a premium for an ugly Toyota is madness , there's got to be a price correction coming soon ? The older amongst us have seen this happen before. , with cars and houses .

Much sense there Paul , its not just the brexit fiasco (although this must be affecting current values of high value used cars ) the whole VED caper payable on new cars both initially & for the following years along with the hooha over petrol / diesel /hybrid /electric being the way forward is making for a very unpredictable marketplace .

Exactly , I think nows the time to stand back and wait to see what happens . I sold the house in france September 2016 after all that work and considered buying something tasty , but a mate around the corner from me sold his gt3rs for the thick end of 70k profit , he never drove it as far as its second service and granted he made a lot of money , but to be honest , he wouldn't have really missed it if it hadn't have come to him and he'd have enjoyed the car as the maker intended . I invited him to join us on our annual ring trip but he couldn't, wouldn't, put the miles on the car , I used to walk the dog past his house every day twice a day past his gt3rs , I never called in as his diesel merc wasn't outside so he was obviously out .
If everyone stood back and didn't buy for 12 months prices would soon come down to sensible levels , cars have now gone the same route as property , not many live in a house that suits them these days , it's all about the resale to the next person , and I'm guilty myself after being in that trade all my life . But it's the same with cars , buying to speculate then never drive it , take the profit and maybe buy another car to never drive or pump it into a house with rooms you'll never use .
What was that saying again? We're here for a good time , not a long time