Depreciation
Originally Posted by KChybrid
This is very true, KBB on Supra's is WAY off from what the really go for. The thing to keep in mind is edmunds and KBB usualy rely on dealers and what they report for resale of used cars to arrive at these projected figures. One other thing that could have a large impact on VIII and iX values is how well (or bad) the X turns out. There have been some cases where new models end up not meeting market and consumer demand driving up the value on its predacesor. This has happened in recent times with BMW and some of there less well recived newer designs. A similar effect has also happened with the new mustang. The 05 was so hard to get it was beging to drive up the value on all of the older mustangs as well. This has senes cooled now that more of the new stang are on the market. I share this just to prove a point. In short it all comes down to suply and demand.
A better comparison might be with the 3000gt, the Rx7tt, and the 300zx, and the Eclipse GSX. If you find one thats cherry and hasn't been abused, they still fetch a nice sum but the other stuff hasn't kept anywhere near the resale value of the above mentioned toyotas. I would expect the Evo to fall in line with this stuff more than a Supra.
Originally Posted by INeedALancer
Around how much do you guys think the evo is depreciating in value each year?
Last edited by Jakeg97; Mar 17, 2006 at 01:35 AM.
Originally Posted by INeedALancer
thats the thing. i dont really care about resale, im just in the process of saving up for an evo right now and know i wont have enough yet for at least a year. i was wondering what you guys though a 2003 evo would be worth a year or 2 from now. thanks guys.
2 years from now - 18k
Evolved Member
Joined: May 2003
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From: Davidson, NC
Not this a real gauge of anything but the local honda store has an 03 Evo on the lot with $25,995 in the window. I'm sure they plan on getting beat down a couple of grand but that is still $22-23,000. Not too bad.
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Joined: Apr 2005
Posts: 10
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From: Valparaiso, IN
Well, I am not entirely sure of a 2003 but this was posted for an article on CNN.com not too long ago. I am not sure if it was here or another forum...
Resale Value for 2005
It shows a 2 year reatined value of 68% and a 5 year of 53% which was also the highs of most of the other classes.
Resale Value for 2005
It shows a 2 year reatined value of 68% and a 5 year of 53% which was also the highs of most of the other classes.
Originally Posted by Swift_OwL
Wow, you need to learn how to phrase your question.
An 05 evo is around 25k to buy retail
An 05 evo is around 25k to buy retail
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Joined: Mar 2002
Posts: 4,312
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From: Birmingham, AL
Originally Posted by Yodobashi
The resale on Supras and Mr2s is incredible and defies logic.
Originally Posted by GPTourer
Well it has a lot to do with the supply. There were only about 7000 MKIV turbo Supras ever made/imported into this country. We're probably up to 20,000 Evos by now. I do not know MR2 numbers, but the latter years of production, like 95 only like a handful of cars came over. So yes, Toyota quality speaks volumes, but extreme scarcity is the prevailing factor.
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Joined: Mar 2002
Posts: 4,312
Likes: 3
From: Birmingham, AL
Not quite. I think there were around 90K 300ZX's sold, but I don't know the break down is for turbo cars, compared to only about 11K Supras total. The 3000GT was the most prolific and longest running. 150K units total if you count the Stealths too.
The best example of the cars you mentioned, I think, is the RX-7. It doesn't have Supra reliability, but quite the contrary, is noted for its frailty, but it is rare and clean low mileage FD's fetch a good price despite that fact. I think they'd be worth more then Supras if they had a more robust engine and had had a starring role in a certain movie.
The best example of the cars you mentioned, I think, is the RX-7. It doesn't have Supra reliability, but quite the contrary, is noted for its frailty, but it is rare and clean low mileage FD's fetch a good price despite that fact. I think they'd be worth more then Supras if they had a more robust engine and had had a starring role in a certain movie.
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