GT86/BRZ future values and running costs
Discussion
Hi everyone
How low do you think these will drop in the near future? Yes, I’m being a bit vulture-ish as I can’t justify £10k on a decent one now, but would be happy if they fell a bit further in the next 12 months.
Also, for any current owners, I’d imagine running costs are comparable with mid-range hot hatches, maybe a bit less even?
How low do you think these will drop in the near future? Yes, I’m being a bit vulture-ish as I can’t justify £10k on a decent one now, but would be happy if they fell a bit further in the next 12 months.
Also, for any current owners, I’d imagine running costs are comparable with mid-range hot hatches, maybe a bit less even?
Personally I've got the GT86 pegged as a 'slow depreciator'. This is for a few reasons, firstly it's the kind of car that has greater appeal to used-car buyers than new-car buyers, so demand tends to exceed supply in the secondhand market (because it's an enthusiast-appeal car, basically). Secondly it didn't get any major spec improvements during its production run, so early cars are 'just as good' as later ones - the £10k car you see as expensive, other will see as a good alternative to a brand new £28k car with no more power. And thirdly the replacement that is expected next year will be turbocharged, and so will perhaps have a different appeal and not dent interest in the current car.
Now, it might be that the overall effect of you-know-what will push prices of all used cars down, including the GT86. That's very hard to anticipate.
samoht said:
Personally I've got the GT86 pegged as a 'slow depreciator'. This is for a few reasons, firstly it's the kind of car that has greater appeal to used-car buyers than new-car buyers, so demand tends to exceed supply in the secondhand market (because it's an enthusiast-appeal car, basically). Secondly it didn't get any major spec improvements during its production run, so early cars are 'just as good' as later ones - the £10k car you see as expensive, other will see as a good alternative to a brand new £28k car with no more power. And thirdly the replacement that is expected next year will be turbocharged, and so will perhaps have a different appeal and not dent interest in the current car.
Now, it might be that the overall effect of you-know-what will push prices of all used cars down, including the GT86. That's very hard to anticipate.
Yep, all really good points, particularly about the potential replacement too. It’s almost carved its own little niche for itself already. I still think that you get a lot of car for the money as a used buy, and if my circumstances were just a tiny bit different I’d snap up a decent 12/13 plate for around £10k.Now, it might be that the overall effect of you-know-what will push prices of all used cars down, including the GT86. That's very hard to anticipate.
I don’t think CV-19 will push values of the lower end (in terms of value) cars down as they are quite niche.
There is a dearth of cars to buy within the trade and dealers have access to the various grants and loans so have money to buy stock, once things get moving again there will be a period of under supply of the more niche cars like the Toyobaru so selling cheap won’t make sense and private sellers who want to bail out to raise funds will have dealers knocking on their door if the price is right.
I would like to see them drop as I fancy one at circa £8000, there was a BRZ in the blue at one of the BCA last week for £7500 which sold quickly - I didn’t jump as it said there was only one service stamp.
There is a dearth of cars to buy within the trade and dealers have access to the various grants and loans so have money to buy stock, once things get moving again there will be a period of under supply of the more niche cars like the Toyobaru so selling cheap won’t make sense and private sellers who want to bail out to raise funds will have dealers knocking on their door if the price is right.
I would like to see them drop as I fancy one at circa £8000, there was a BRZ in the blue at one of the BCA last week for £7500 which sold quickly - I didn’t jump as it said there was only one service stamp.
Nickp82 said:
I don’t think CV-19 will push values of the lower end (in terms of value) cars down as they are quite niche.
There is a dearth of cars to buy within the trade and dealers have access to the various grants and loans so have money to buy stock, once things get moving again there will be a period of under supply of the more niche cars like the Toyobaru so selling cheap won’t make sense and private sellers who want to bail out to raise funds will have dealers knocking on their door if the price is right.
I would like to see them drop as I fancy one at circa £8000, there was a BRZ in the blue at one of the BCA last week for £7500 which sold quickly - I didn’t jump as it said there was only one service stamp.
BRZs seem to be priced a bit higher, but that’s probably down to there being less of them so the spread isn’t quite so big. I guess neither will ever be banger money, so I’m sure I’ll just bite the bullet later in the year!There is a dearth of cars to buy within the trade and dealers have access to the various grants and loans so have money to buy stock, once things get moving again there will be a period of under supply of the more niche cars like the Toyobaru so selling cheap won’t make sense and private sellers who want to bail out to raise funds will have dealers knocking on their door if the price is right.
I would like to see them drop as I fancy one at circa £8000, there was a BRZ in the blue at one of the BCA last week for £7500 which sold quickly - I didn’t jump as it said there was only one service stamp.
I think you’ll find the GT86/BRZ have no different depreciation characteristics than a lot of other similar cars....e.g Audi TT, etc. I’ve been tracking this car in online and other sales for over a year, to replace my beautiful Toyota MR2 as a weekend toy.
What I feel I can reliably say is this:
1. These cars, good as they are, definitely don’t fly off the forecourt. The market for them is small and niche.
2. There are websites which tell you how many were sold Worldwide and in UK. From memory I think when I looked, in 2015 in UK they only sold about 700’ish. That’s very low sales compared to a TT which it is often categorised with.
3. It gets maligned/criticised for not having a Turbo. Fine by me, less complicated, less to go wrong etc, but for many that’s a big deficit.
4. It’s a hugely misunderstood car with the general buying public coz It gets criticised for being ‘too slow’. They miss the point; Toyota provided a platform to ‘mod’ with. Additionally the idea of it is a fun sports car which handles superbly and gives a fantastic driving experience at safe (low) speeds.
5. The interior tech/modernity is missing compared to its same category peers. Again I’m fine with that but a lot of customers want the ‘toys’ which the GT86 doesn’t have. On many models there’s no Sat Nav, nothing like Blind Spot monitoring, etc etc etc. The purists don’t want those anyway but someone who wants a nice sports car to drive on the Motorway to the coast at weekend might. Interior quality is relatively poor and it shows, but a purist takin it to the track isn’t concerned with that, but it hampers generic forecourt interest.
6. They are reliable as hell (of course, it’s Toyota), but they have a reputation for ‘soft’ exterior paintwork.
7. The colour choice is grim. Most for sale are black, or white, and sometimes blue. They are relatively rare cars out and about, but I recently saw a blue one on my local Council car park and it looked decidedly ordinary. Equally I saw one about 6 months ago on a work car park and again it looked unattractive and not at all ‘standout’. For me the looks of this car only work in Silver of White, but no way am I buyin a white car again lol. Spent more time cleaning it than drivin it lol.
8. Being the car it is you gotta be very careful about it having been a track car; sellers rarely volunteer that info.
If like me, you add a GT86 or two to your ‘favourites’ here or elsewhere online, you’ll see that they don’t fly out.
Anyway here’s the website I mentioned. Try other cars (even standard boring mainstream saloons and hatchbacks etc) for depreciation against the GT and you’ll get my point that it generally doesn’t fare any better or worse than a lot of those.
https://www.themoneycalculator.com/vehicle-finance...
Good luck.
What I feel I can reliably say is this:
1. These cars, good as they are, definitely don’t fly off the forecourt. The market for them is small and niche.
2. There are websites which tell you how many were sold Worldwide and in UK. From memory I think when I looked, in 2015 in UK they only sold about 700’ish. That’s very low sales compared to a TT which it is often categorised with.
3. It gets maligned/criticised for not having a Turbo. Fine by me, less complicated, less to go wrong etc, but for many that’s a big deficit.
4. It’s a hugely misunderstood car with the general buying public coz It gets criticised for being ‘too slow’. They miss the point; Toyota provided a platform to ‘mod’ with. Additionally the idea of it is a fun sports car which handles superbly and gives a fantastic driving experience at safe (low) speeds.
5. The interior tech/modernity is missing compared to its same category peers. Again I’m fine with that but a lot of customers want the ‘toys’ which the GT86 doesn’t have. On many models there’s no Sat Nav, nothing like Blind Spot monitoring, etc etc etc. The purists don’t want those anyway but someone who wants a nice sports car to drive on the Motorway to the coast at weekend might. Interior quality is relatively poor and it shows, but a purist takin it to the track isn’t concerned with that, but it hampers generic forecourt interest.
6. They are reliable as hell (of course, it’s Toyota), but they have a reputation for ‘soft’ exterior paintwork.
7. The colour choice is grim. Most for sale are black, or white, and sometimes blue. They are relatively rare cars out and about, but I recently saw a blue one on my local Council car park and it looked decidedly ordinary. Equally I saw one about 6 months ago on a work car park and again it looked unattractive and not at all ‘standout’. For me the looks of this car only work in Silver of White, but no way am I buyin a white car again lol. Spent more time cleaning it than drivin it lol.
8. Being the car it is you gotta be very careful about it having been a track car; sellers rarely volunteer that info.
If like me, you add a GT86 or two to your ‘favourites’ here or elsewhere online, you’ll see that they don’t fly out.
Anyway here’s the website I mentioned. Try other cars (even standard boring mainstream saloons and hatchbacks etc) for depreciation against the GT and you’ll get my point that it generally doesn’t fare any better or worse than a lot of those.
https://www.themoneycalculator.com/vehicle-finance...
Good luck.
Disagree with above, the depreciation on them now will be much lower than main stream cars.
These will not become £1500 cars like old mx5s and Audi tt. These were sold in limited numbers when new and have gained a cult following I would estimate they end up more like a dc5 integra type R still £7500 even at 20 years old, or AE86 £15000 at 35 years old.
Personally I bought one 3.5 years old from a Toyota dealer for £13000 ran for 2 years sold for £11500 2 years later (less than a week for sale) expect it is still worth £10k plus so dropping less than £1k a year, if you want one buy now and enjoy, as a in a few years they will be older and more worn out but not significantly cheaper, IMO.
These will not become £1500 cars like old mx5s and Audi tt. These were sold in limited numbers when new and have gained a cult following I would estimate they end up more like a dc5 integra type R still £7500 even at 20 years old, or AE86 £15000 at 35 years old.
Personally I bought one 3.5 years old from a Toyota dealer for £13000 ran for 2 years sold for £11500 2 years later (less than a week for sale) expect it is still worth £10k plus so dropping less than £1k a year, if you want one buy now and enjoy, as a in a few years they will be older and more worn out but not significantly cheaper, IMO.
I’ve only had my BRZ for 3 months now but don’t regret buying it for a moment. I sold my Westfield for this as I wanted something more useable and found a mint 12000 mile 2012 car at my local Indy garage for £12k.
Yes it hasn’t got the speed or acceleration of my Westfield but that doesn’t bother me as being realistic how often do I actually use it in the road? For me it’s about the ride and handling and being able to enjoy driving it on any journey and in any weather.
I’d been watching the prices for a while and I personally think they’ll hold their value much better than the competition since they are that bit more unusual, but I’ve bought this to keep for a while so I’m not too bothered about resales in the future.
I’ve not had it long enough to comment on servicing but I can’t see it would be any more or less than any other similar car of the same age.
Yes it hasn’t got the speed or acceleration of my Westfield but that doesn’t bother me as being realistic how often do I actually use it in the road? For me it’s about the ride and handling and being able to enjoy driving it on any journey and in any weather.
I’d been watching the prices for a while and I personally think they’ll hold their value much better than the competition since they are that bit more unusual, but I’ve bought this to keep for a while so I’m not too bothered about resales in the future.
I’ve not had it long enough to comment on servicing but I can’t see it would be any more or less than any other similar car of the same age.
Out of everything I've looked at insuring over the past few months, the GT86 is by far the cheapest.
The others were all hot hatches, ie CTR, I30N, Mini JCW.
The depreciation can't be worse than my 440i GC - new RRP £50k. Two years in and 25k miles later, I'd struggle to get £20k for it. Thankfully it was discounted massively and PCP'd on 0% APR!
The others were all hot hatches, ie CTR, I30N, Mini JCW.
The depreciation can't be worse than my 440i GC - new RRP £50k. Two years in and 25k miles later, I'd struggle to get £20k for it. Thankfully it was discounted massively and PCP'd on 0% APR!
Yup my 2017 GT86 has consistently been one of the cheapest cars I've run and insured. It's about to turn 3 years and 19k miles old.
Insurance; I'm 29, low risk area, 8k miles a year, have and use other cars, full protected NCB, fully comp Euro cover, fully comp on other cars, I'm paying £400 which is about £200 less than my old supercharged MINI which was worth less than 10% of the GT86. Even when I was 27 I wasn't paying much more than £450.
Mine averages high 20s to the gallon which is great, my commute is short (10 miles a day), and when it's warm it gets driven enthusiatically.
It hasn't cost me a dime in comsumables since I've had it, (I bought it at 6 months old with 3k miles), and despite 2 trackdays and some fairly spirited driving at times, it's still on its original discs/pads and tyres and are wearing in line with what the dealer expects at this age/mileage.
Servicing isn't cheap at Toyota main dealers, but their service has been very friendly and efficient.
I've also had to make a couple of warranty claims (new driver and passenger windows plus runners to replaced scratched items, and 4x brand new wheels after the originals started to show signs of corrosion. 9 months later, one of them is corroding again!)
I paid £21,500 from a Toyota main dealer in January 2018, and I think I'd still get £15k privately 2 1/2 years on. I can't think of many cars that would lose me that little money that are yet to turn 3 years old. I keep umming and arring whether or not to sell it, I'm in the process of buying a house and am looking at getting a bike to commute with, meaning it would probably do about 2k miles a year. Seems like a waste..
Insurance; I'm 29, low risk area, 8k miles a year, have and use other cars, full protected NCB, fully comp Euro cover, fully comp on other cars, I'm paying £400 which is about £200 less than my old supercharged MINI which was worth less than 10% of the GT86. Even when I was 27 I wasn't paying much more than £450.
Mine averages high 20s to the gallon which is great, my commute is short (10 miles a day), and when it's warm it gets driven enthusiatically.
It hasn't cost me a dime in comsumables since I've had it, (I bought it at 6 months old with 3k miles), and despite 2 trackdays and some fairly spirited driving at times, it's still on its original discs/pads and tyres and are wearing in line with what the dealer expects at this age/mileage.
Servicing isn't cheap at Toyota main dealers, but their service has been very friendly and efficient.
I've also had to make a couple of warranty claims (new driver and passenger windows plus runners to replaced scratched items, and 4x brand new wheels after the originals started to show signs of corrosion. 9 months later, one of them is corroding again!)
I paid £21,500 from a Toyota main dealer in January 2018, and I think I'd still get £15k privately 2 1/2 years on. I can't think of many cars that would lose me that little money that are yet to turn 3 years old. I keep umming and arring whether or not to sell it, I'm in the process of buying a house and am looking at getting a bike to commute with, meaning it would probably do about 2k miles a year. Seems like a waste..
Edited by GiveItSomeWellie on Sunday 21st June 13:20
I bought my GT86 with 8k on the clock in 2014. It now has 117k on it and has been to Italy and back twice.
In terms of running costs, I've used it on both motorways and cross country on a 25k miles a year basis and I get an average of 37 mpg. It does drop when you boot it but I tend to cruise and then have 'squirts' of fun when the moment takes me which can be quite frequently 😁.
Maintenance has been limited to services, tyres and v occasionally brakes. A misted light was fixed under warranty and it's been back for 2 recalls at no expense to me. The 2nd recall was an engine out job to change the valve springs at 110k miles so I took the opportunity to have the clutch replaced and the car serviced for a total fee of about £160 as the labour was zero because it was in bits anyway. That was the original clutch which, had been fine, so it was a cautionary change. Other than that it's been as sweet as a nut.
For me it's the best car I've ever owned, way better than the Elise I did 75k miles in and the late model S2000 I had. Its comfortable (compared to those two) and handles virtually as well as the Elise. It also has the benefit of putting a smile on your face at low speeds on the dullest drive by allowing that little moment of a squeal across a mini roundabout or a slide out of a country junction. It also did 135mph on the German Autobahn which was v enjoyable 🙂.
All in all I wouldn't hesitate to buy one, I have considered another but as it's still going strong I can't see the point changing it! Incidentally it cost me £19.5I back in 2014 and its probably worth 7-10k now, depending on your opinion, so depreciation is low.
Get one, you'll love it.
In terms of running costs, I've used it on both motorways and cross country on a 25k miles a year basis and I get an average of 37 mpg. It does drop when you boot it but I tend to cruise and then have 'squirts' of fun when the moment takes me which can be quite frequently 😁.
Maintenance has been limited to services, tyres and v occasionally brakes. A misted light was fixed under warranty and it's been back for 2 recalls at no expense to me. The 2nd recall was an engine out job to change the valve springs at 110k miles so I took the opportunity to have the clutch replaced and the car serviced for a total fee of about £160 as the labour was zero because it was in bits anyway. That was the original clutch which, had been fine, so it was a cautionary change. Other than that it's been as sweet as a nut.
For me it's the best car I've ever owned, way better than the Elise I did 75k miles in and the late model S2000 I had. Its comfortable (compared to those two) and handles virtually as well as the Elise. It also has the benefit of putting a smile on your face at low speeds on the dullest drive by allowing that little moment of a squeal across a mini roundabout or a slide out of a country junction. It also did 135mph on the German Autobahn which was v enjoyable 🙂.
All in all I wouldn't hesitate to buy one, I have considered another but as it's still going strong I can't see the point changing it! Incidentally it cost me £19.5I back in 2014 and its probably worth 7-10k now, depending on your opinion, so depreciation is low.
Get one, you'll love it.
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