LFA Model (2012)

LFA hold its value? Collector item

Thread Tools
 
Search this Thread
 
Old 09-26-13 | 11:31 PM
  #1  
PsyFi's Avatar
PsyFi
Thread Starter
Driver School Candidate
 
Joined: Jun 2008
Posts: 45
Likes: 0
From: CA
Default LFA hold its value? Collector item

I see LFas out there in the 350 range. Do you think the car will stay at this price next few years? Go up? Go down?
Old 09-27-13 | 09:32 AM
  #2  
Kira X's Avatar
Kira X
美少女戦士セーラームーン
CL Folding 10,000
iTrader: (24)
 
Joined: Oct 2008
Posts: 11,359
Likes: 462
From: 東京都
Default

I'm wondering the same thing. I'm hoping they go down so I could eventually afford one but I'm betting it will hold it's value for a while.
Old 09-27-13 | 09:40 AM
  #3  
bmxkeeler's Avatar
bmxkeeler
Rookie
 
Joined: Sep 2013
Posts: 63
Likes: 0
From: Indiana
Default

I think you'll see them drop in value for a few years and become more reasonable but they'll end up like the Supra in the long term and the price will rise back up as they become more collectible and harder to find in good shape.
Old 09-27-13 | 11:16 AM
  #4  
GQD_GS4's Avatar
GQD_GS4
Lexus Test Driver
 
Joined: May 2005
Posts: 1,508
Likes: 0
From: IL
Default

i think it will drop to around $300k and level off, similar to how the Carrera GT has depreciated.
Old 09-27-13 | 11:18 AM
  #5  
rominl's Avatar
rominl
exclusive matchup
CL Folding 10,000
iTrader: (4)
 
Joined: May 2002
Posts: 81,674
Likes: 197
From: Lovely OC
Default

listing in 350 range is different from selling at 350 range. there are still quite a few unregistered lfa in the market (as new car) so that's not going to help on resale. and demand is also a concern. i am not surprised if prices go down to mid to high 200s range in the coming years, but eventually i think it will climb back up. similar things happened to the 2000gt
Old 09-27-13 | 01:42 PM
  #6  
PsyFi's Avatar
PsyFi
Thread Starter
Driver School Candidate
 
Joined: Jun 2008
Posts: 45
Likes: 0
From: CA
Default

listing in 350 range is different from selling at 350 range
Agreed. Looking at dupont I see one at 319 now
he higher priced ones in the 380400K range are ones sitting at the dealers

Phenomenal car!
Old 09-27-13 | 04:37 PM
  #7  
05RollaXRS's Avatar
05RollaXRS
Lexus Test Driver
 
Joined: Oct 2005
Posts: 9,980
Likes: 2,512
From: Calgary, AB
Default

So far, it has been holding up very well, based on some recent sales.

For example, Roy Mallady sold his both used LFAs. The #499 with ~ 2000 miles for $400,0000 and his #003 Lexus LFA he drove for 3.5 years and put close to ~15,000 miles for $300,000. Remember, the #003 was driven very had with most of the miles on the track with professional driver around Road Atlanta.

Long term as in 15 years from now, you have to look at 2000 GT. Almost 400 were built so almost the same in terms of exclusivity and was not nearly as extreme in terms of execution as the Lexus LFA for its time and still mint condition 2000 GT sell for upwards of $1.5 million.

It has all the ingredients that will be cherished in the coming decade with nostalgic value since cars LFA will be extinct:

High-revving N/A V10 that revs up to 9500 rpm + carbon fiber construction + exclusivity of only 500 + raw driving experience without any fancy electronic gizmos purely on mechanical engineering prowess

Last edited by 05RollaXRS; 09-27-13 at 04:42 PM.
Old 09-27-13 | 04:50 PM
  #8  
rominl's Avatar
rominl
exclusive matchup
CL Folding 10,000
iTrader: (4)
 
Joined: May 2002
Posts: 81,674
Likes: 197
From: Lovely OC
Default

003 and 499 is out of norm coz' of the badge number. but outside of that it falls back a bit

i won't go into details, but recent a ring car with only 2k miles surfaced in the market. asking price, 399
Old 09-30-13 | 08:44 AM
  #9  
gengar's Avatar
gengar
Lexus Test Driver
 
Joined: Nov 2007
Posts: 5,285
Likes: 43
From: NV
Default

I've said all along that I expect depreciation in line with typical supercars.

The only way that the market can undergo appreciation in the US is if a lot more of these cars get exported (like some apparently have been). Those who have been interacting with Lexus corporate / members of the LFA team have known the LFA was oversupplied in the US market since before it even started being delivered.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Curated Content Editor
LC Model (2018-present)
38
03-20-20 07:55 AM
Contender
LFA Model (2012)
43
01-05-15 03:38 PM
PhilipMSPT
LFA Model (2012)
4
01-07-12 01:01 PM
jadeboy
LFA Model (2012)
1
02-27-09 07:18 PM
LexFather
Lexus Prototypes and Next-Gen Technology
12
01-30-06 10:23 AM




All times are GMT -7. The time now is 12:58 PM.