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I noticed a few changes recently , went to Barrett Jackson in Las Vegas a few months ago and a beautiful 94 Black TT,6spd with 28k miles couldn't break $77k. then I saw a bring a trailer auction do the same thing.
Yesterday Hagerty came out with one of there many lists of top 25 collectible cars for the season and the MK4 didn't even make the list, RX-7 FD took the top prize! Does anyone else notice a regression from the over 100k cars from last year? Im keeping my 97 TT 6spd no matter what the market does but it was nice being the most popular kid at school while it lasts! lol
 

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I dont really pay attention to those things, its like an added benefit imo. But if thats the case I would have to think it would be the lack of support from Toyota, cough Heritage Program cough. I know sometimes I've thought over how much it will cost to upkeep my Supra down the road with parts being discontinued every day, so I imagine its something some buyers factor in. But Im not in tune with these things. Im just a kid who luckily bought his in 2010.

Still doesnt change the car is a masterpiece and will continue to become even more rare with each passing day. Perhaps its price peak and the market has settled who knows.
 

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I noticed a few changes recently , went to Barrett Jackson in Las Vegas a few months ago and a beautiful 94 Black TT,6spd with 28k miles couldn't break $77k. then I saw a bring a trailer auction do the same thing.
Yesterday Hagerty came out with one of there many lists of top 25 collectible cars for the season and the MK4 didn't even make the list, RX-7 FD took the top prize! Does anyone else notice a regression from the over 100k cars from last year? Im keeping my 97 TT 6spd no matter what the market does but it was nice being the most popular kid at school while it lasts! lol
Read the explanation where Hagerty's list came from. It is useless.
The market is still strong - there are not many good examples to be had and most of them are not being offered.
Does not matter to me - I will never sell mine - My wife and kids will have to decide what to do with it when I am gone (but I know quite well what my son has in mind - and it will most likely not be for sale)
 

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It's winter time... it will pick back up in the spring.
 

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I believe the high 6 digit cars, particularly that black/tan TT 6-spd targa, were a value bubble and the market's since corrected itself. For properly desirable Supras that are truly special (100% showroom condition original paint RSP TT's, TT 6-spd USDM Hardtops, etc) values will stay high simply because the JZA80 is legend and those are arguably the finest examples of a legend. That tends to secure their values in the long run.

That said, I'm happy to see the market correct itself from the 6-digit land. I want to see the values of the JZA80 preserved- but I want them to stay enthusiast cars too, and not become the next car d'jure for well-heeled collectors that aren't actually Supra enthusiasts.
 

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Keep in mind that these cars are really old now and getting financing for the 18 year olds that live in moms basement is becoming non existent. It’s easier to finance a new 77k car with better rates. Plus if someone had 77k cash laying around, buying a car seems silly when you can pay off your mortgage or pay for your kids college. But if you’re super rich and don’t care, well there’s cars out there for you.

R.K.
 

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For properly desirable Supras that are truly special (100% showroom condition original paint RSP TT's, TT 6-spd USDM Hardtops, etc) values will stay high simply because the JZA80 is legend and those are arguably the finest examples of a legend.
Has anything close to that been up for sale yet? Most of what I've seen has been sort of clean common examples with high miles but despite that they've brought quite a bit of money.
 

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What goes up fast always comes down fast too; has gone down and will to continue to go down. It will settle and stabilize.

Not to say it will ever become cheap.

There is a very large number of premium cars also coming off lease in the industry in the next 24 months which will drive used car prices down and slow down new car sales quite a bit; will be interesting to watch. My personal prediction is the new asset bubble isn't housing like the last recession, it's autos that people have overlevereged themselves to buy with 6yr to 7yr loan terms. Previously people used to do only 2-3 year car loans.
 

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What goes up fast always comes down fast too; has gone down and will to continue to go down. It will settle and stabilize.

Not to say it will ever become cheap.

There is a very large number of premium cars also coming off lease in the industry in the next 24 months which will drive used car prices down and slow down new car sales quite a bit; will be interesting to watch. My personal prediction is the new asset bubble isn't housing like the last recession, it's autos that people have overlevereged themselves to buy with 6yr to 7yr loan terms. Previously people used to do only 2-3 year car loans.
Yes but in the past vehicles were a lot cheaper. Now you can't buy anything decent under 30K.

R.K.
 

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^ 100% agree.

Just saying that people are overleveraging themselves into buying cars with multi year car payments. I blame social media which has exacerbated the whole "keeping up with the Jones" concept even more.
 

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Just saying that people are overleveraging themselves into buying cars with multi year car payments. I blame social media which has exacerbated the whole "keeping up with the Jones" concept even more.
John Oliver did a bit a few years back detailing this very issue. It's the sub-prime mortgage game, all over again, literally the same setup, and likely the same end result. Difference is, if you set aside some money now, you'll be able to get some sweet cars for dirt cheap (much like 10, 11 years ago), but probably won't be able to pick up that second home for the price of a new Corolla.

Stock market bubble, savings & loans bubble, dot com bubble, housing bubble, now the auto bubble... man I've seen a lot of things go belly up in my time...
 

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Has anything close to that been up for sale yet? Most of what I've seen has been sort of clean common examples with high miles but despite that they've brought quite a bit of money.
Oh yes - but they are almost never posted publicly because there's no need to. I've been directly involved in a few impressive examples and have been privy to several more. In the past 5 years, not a single one was posted for sale on a forum, social media, or eBay or BaT or anywhere like that. The owner gently put out the word that he was interested in selling it to the right buyer, and the buyers come out of the woodwork.

In one case I PPI'd, the guy drove his '97 TT 6-spd red/tan targa that was 100% bone stock with 33k miles on it to the performance shop I worked at as the assistant manager, since he'd heard 'a Supra guy' worked there.
I sent three emails, he got two phone calls, and it was sold. No listings, no ads, no tire kickers. I wish like hell I'd been able to afford it for myself at the time.
 

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This subject comes up all the time and what dose it mean to the average supra owner " NOTHING" supra owners are not going to sell their car. If you use the car for securing a loan etc the bank will use blue book value which is less than market.
Supra artificial prices only benefit the owner in that high prices make us fell good about the car.
 

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Market price should only matter to us in regards to insurance coverage in the case of a total loss.

I'm dealing with a total loss situation currently(not one of our Supras thankfully) and negotiating the fair market price of our vehicle has been a ridiculous process. We were not at fault and this 3rd party insurance has lowballed us because it's their nature not wanting to pay. Regardless I am still negotiating since I know its true market value.
 

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Discussion Starter #18
I get the responses that we don't care what the market does with our Supra's , we are all keeping them and it doesn't matter or it only matters for insurance coverage or related to Home mortgage markets( that one is little out there) .The conversation was started with have anyone noticed a change to the market lately? Would love to here your opinions.
 

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The simple fact is that these cars still bring a massive price compared to 5 years ago. The "auction" cars such as Amelia were just a "I have more money than you" scenario. Sure, prices will go down in winter but the days of a sub $35k TT car are gone imo.
 

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StanfordSupra hit the nail on the head when he said the price increase is just an added benefit. Those that liked this car before it went up in value shouldn’t care much about what it’s worth unless of course they need the money as opposed to trying to find another one to replace it with.

I believe the market has “quieted” down due to there not being an extremely low mile car coming up for sale in several recent months. Those auctions seem to drive up the hype, get amateur articles written about them and raise everyone’s boner for a few months.
 
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