Crystal Ball Time... Evora depreciation
Discussion
Interloper from the TVR forums here... currently have a Tuscan S with 4.5 upgrade but am seriously considering an Evora.
Mileage will likely be minimal, few thousand a year at most.
Where do people think prices might be in say 3 years for a £30k-ish S or a £60k-ish 400? I prefer the look of the 400 but can't help thinking the S would be a much safer bet?
Maybe even an S as a stepping stone now (probably not far off a straight swap for then Tuscan), and a 400 in a year or two if the consensus is prices are likely to tumble.
At £60k I'm into 996/7 GT3 territory (well almost) which feels like a safer home in financial terms (but would probably end up being £80k!)
Mileage will likely be minimal, few thousand a year at most.
Where do people think prices might be in say 3 years for a £30k-ish S or a £60k-ish 400? I prefer the look of the 400 but can't help thinking the S would be a much safer bet?
Maybe even an S as a stepping stone now (probably not far off a straight swap for then Tuscan), and a 400 in a year or two if the consensus is prices are likely to tumble.
At £60k I'm into 996/7 GT3 territory (well almost) which feels like a safer home in financial terms (but would probably end up being £80k!)
p4cks said:
I actually can't see them moving very much at all.
Mileage seems to be the best way for them to depreciate but even then you're not talking much, relatively speaking.
The Evora 400 will gradually drop, but generally all Evoras seem to have held a minimum price of close to £30k for years now, unless very low spec or high mileage. I can see the early non-S cars creeping down towards £25k for most examples, but then I've been saying that since I was looking at buying one 4-5 years ago.Mileage seems to be the best way for them to depreciate but even then you're not talking much, relatively speaking.
While you have new cars being produced you're always going to have downward price pressure as new cars are produced. Best thing that could happen to Evora 400 residual prices would be the model being discontinued and a GT430 Sport style model going into non-limited production around £100k. The 400 effectively did the same to the Evora S - upgraded specs, but uplift in price as well, so didn't have as big an impact on residuals for the old model.
Longer production periods will ave an affect but supply/demand is the big factor behind depreciation.
I have an Evora S which in pure number terms had a low production level, so although the 400 is a better car, the S is still a great drive and I suspect S prices may remain robust because of their more classic look and a finite availability.
I have an Evora S which in pure number terms had a low production level, so although the 400 is a better car, the S is still a great drive and I suspect S prices may remain robust because of their more classic look and a finite availability.
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