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toyota FT-1 concept (possibly next Supra)

Originally Posted by Wonka2581 I beg to differ sir, I just got a barn find oem turbo supra that runs and drives for $3.000.00 I think it will be priced

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Old 01-14-2014, 08:49 AM   #1 (permalink)
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I beg to differ sir, I just got a barn find oem turbo supra that runs and drives for $3.000.00
I think it will be priced in the lower to mid 40s. Ask Andrew he still hates me for it.
To be fair, he was referencing the then-new MSRP of the 1998 Supra adjusted for inflation, which makes it a nearly $70k car in today's dollars. Not what a 16 year old used examples sells for. How could that be used to estimate the new model's MSRP?

Or did I miss the sarcasm font?
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Old 01-14-2014, 09:00 AM   #2 (permalink)
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To be fair, he was referencing the then-new MSRP of the 1998 Supra adjusted for inflation, which makes it a nearly $70k car in today's dollars. Not what a 16 year old used examples sells for. How could that be used to estimate the new model's MSRP?

Or did I miss the sarcasm font?

well then if we're going to go by that example then the Z should be even more expensive seeing as the 300zx turbo was going for $50k before they stopped production, so by all accounts the 370 should be in the $100k ballpark going off inflation
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Old 01-14-2014, 11:41 AM   #3 (permalink)
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well then if we're going to go by that example then the Z should be even more expensive seeing as the 300zx turbo was going for $50k before they stopped production, so by all accounts the 370 should be in the $100k ballpark going off inflation
Well, $50k in 1996 is approximately $72k adjusted to today's dollars, so using that logic the 370Z would be $70k, too, not sure where the $100k comes from.

Look, I didn't say it was an infallible method, I was just explaining his logic - this example happens to come with a significant currency valuation overprint as the yen reached a peak against the dollar in 1995. This is what really caused the low-volume Japanese car price hike in the mid-90s.

Otherwise, for domestic goods, car prices have been fairly well behaved, although they have risen slightly compared to inflation. For example, my dad purchased a new base Camaro in 1972 for about $3500, IIRC. In today's dollars that's about $19k. A base Camaro today stickers for $24 (invoice $22.6k) but you get a whole lot more car for the $3 to $5k increase.

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Old 01-14-2014, 12:28 PM   #4 (permalink)
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Well, $50k in 1996 is approximately $72k adjusted to today's dollars, so using that logic the 370Z would be $70k, too, not sure where the $100k comes from.

Look, I didn't say it was an infallible method, I was just explaining his logic - this example happens to come with a significant currency valuation overprint as the yen reached a peak against the dollar in 1995. This is what really caused the low-volume Japanese car price hike in the mid-90s.

Otherwise, for domestic goods, car prices have been fairly well behaved, although they have risen slightly compared to inflation. For example, my dad purchased a new base Camaro in 1972 for about $3500, IIRC. In today's dollars that's about $19k. A base Camaro today stickers for $24 (invoice $22.6k) but you get a whole lot more car for the $3 to $5k increase.

And I'm not faulting you for it either, just merely reinforcing what you already said which is to say it's pointless comparing the old model to the potentially new one
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