Supra ride
#23
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Dude comes to work today and says "yo my brother sold his supra today." I reply, "no way! Can I ask what he got for it?"
Dude says, "$35,000".
If you guys would've seen this car you would've said "there's no way it's worth that money."
I even told him that...he says, "have you seen what they're going for?"
If I wanted a supra (which i don't) but if i did and he told me he'd take $20,000 for it, I'd be skeptical.
The car's a 97. It's beat to ****, the front fenders and hood are carbon fiber, the passengers side fender has a huge crack in it like it got hit by a baseball. $35,000?? Are these things really worth gold?
Dude says, "$35,000".
If you guys would've seen this car you would've said "there's no way it's worth that money."
I even told him that...he says, "have you seen what they're going for?"
If I wanted a supra (which i don't) but if i did and he told me he'd take $20,000 for it, I'd be skeptical.
The car's a 97. It's beat to ****, the front fenders and hood are carbon fiber, the passengers side fender has a huge crack in it like it got hit by a baseball. $35,000?? Are these things really worth gold?
#24
10 years ago, beat up 6 speeds with 100k miles on them were going for 25k minimum. They aren't getting any more common. I see 2-3 a year around these parts. Non turbo cars (5 speeds) and automatic turbo cars sell for half price.
Total # of 6MT Supras sold in the US is around 4,037 (Not for one model year - that's the entire production of the MKIV Supra). They may not be gold, but even the riced out 6MTs with 150k miles on them are collectors items. I've got a family member (collector) who bought a 1998 RSP 6-speed with 8,000 miles on the clock about 5 years ago. IIRC, he dropped $50,000 on it.
Total # of 6MT Supras sold in the US is around 4,037 (Not for one model year - that's the entire production of the MKIV Supra). They may not be gold, but even the riced out 6MTs with 150k miles on them are collectors items. I've got a family member (collector) who bought a 1998 RSP 6-speed with 8,000 miles on the clock about 5 years ago. IIRC, he dropped $50,000 on it.
Last edited by fooger03; 08-13-2014 at 08:25 AM.
#25
The hype filled in the bottom of the depreciation curve at a pace that seems crazy to us because we are used to seeing collector muscle cars that got down to scrap value during the hellish mid to late 70s and gas crises, then slowly became worth something again.
From a performance standpoint, no a MKIV supra is a horrible bargain at 35K. I am willing to bet that stock for stock a modern STI will eat it alive and come with a warranty for that kind of cash. A used C5 is worlds cheaper and has arguably more all around potential and aftermarket availability.
But. I bet you will see restored MkIVs going for well over 100K on Barrett Jackson within 10 years. Not so with C5s and STIs. They are common, and they don't really have the ZOMG!!!!1one1!!!! impact of a Fast & Furious movie phenomenon to back them and make them modern Americana. The MKIV might wind up being the 90s GTO or factory 426 powered-anything.
From a performance standpoint, no a MKIV supra is a horrible bargain at 35K. I am willing to bet that stock for stock a modern STI will eat it alive and come with a warranty for that kind of cash. A used C5 is worlds cheaper and has arguably more all around potential and aftermarket availability.
But. I bet you will see restored MkIVs going for well over 100K on Barrett Jackson within 10 years. Not so with C5s and STIs. They are common, and they don't really have the ZOMG!!!!1one1!!!! impact of a Fast & Furious movie phenomenon to back them and make them modern Americana. The MKIV might wind up being the 90s GTO or factory 426 powered-anything.
#26
The Fast and The Furious, combined with Toyota's legendary reputation and massive aftermarket/tuning house support eliminated the bottom of the depreciation curve that we are used to seeing. F&F created the "Supra tax" overnight. Engines doubled in price.
I bought my '87 IROC-Z 350TPI T-top in 2006 and it blue booked at $2500. It now books at $14k. Part of the reason I can't sell it, at least not yet, I'll never be able to afford another and it's becoming a modern classic.
As far as the Supra being a heavy pig, that's true. My Camaro is longer and wider with a heavier pig of an all-iron engine, and weighs almost the same.
I bought my '87 IROC-Z 350TPI T-top in 2006 and it blue booked at $2500. It now books at $14k. Part of the reason I can't sell it, at least not yet, I'll never be able to afford another and it's becoming a modern classic.
As far as the Supra being a heavy pig, that's true. My Camaro is longer and wider with a heavier pig of an all-iron engine, and weighs almost the same.
#28
Well, it's an 87, which was the first year the 350 was back in the Camaro, and it's got T-tops and a 350, which was discontinued in mid-89 and only rolled back out for the 92 Firebird Formula, something about chassis twist. It was also the last year of the "IROC-Z" which had both the Z28 RPO code and the IROC RPO code. In '88 they switched over to just IROC-Z, which had no Z28 RPO.
I also used "high retail," as most everything interior wise is new (and currently in boxes), and it has a fresh paint job with a recently rebuilt transmission.
I also used "high retail," as most everything interior wise is new (and currently in boxes), and it has a fresh paint job with a recently rebuilt transmission.
#30
Well, it's an 87, which was the first year the 350 was back in the Camaro, and it's got T-tops and a 350, which was discontinued in mid-89 and only rolled back out for the 92 Firebird Formula, something about chassis twist. It was also the last year of the "IROC-Z" which had both the Z28 RPO code and the IROC RPO code. In '88 they switched over to just IROC-Z, which had no Z28 RPO.
I also used "high retail," as most everything interior wise is new (and currently in boxes), and it has a fresh paint job with a recently rebuilt transmission.
I also used "high retail," as most everything interior wise is new (and currently in boxes), and it has a fresh paint job with a recently rebuilt transmission.
Nearly every single car from the 80s blows big fat donkey *****.
#31
Looks like they may only go up in price from now on. A friend of mine recently picked one up. I'm assuming its because he has too much money burning holes in his pocket. I love supras but would never pay that kind of price. I would rather spend time building a LS swapped RX7 or something more interesting.
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