Cheap RCF - Which one of you got it?
#16
For others to take this post seriously, how about posting apples to apples comparison(s) with other hi-performance coupes?
#17
No more than the average high performance car with the exception of exotics. Much of it depends on options, mileage, geo location (CA, FL) and overall condition. After two years, that line will start flattening out.
For others to take this post seriously, how about posting apples to apples comparison(s) with other hi-performance coupes?
For others to take this post seriously, how about posting apples to apples comparison(s) with other hi-performance coupes?
#18
I'm not bashing on the RCF, I owned an ISF, and i'm trying to buy a used RCF... but if you think these cars have good resale value (especially compared to it's peers) you're drinking the koolaid. When they can't get them off their lots new and are discounting massive off sticker prices the depreciation is going to be steep. You don't see M4's getting discounted off of sticker and they were going over sticker back in 2015 when it was new when the RCF was new. And that all impacts the depreciation we're seeing today.
There is no apples to apples but compare the RCF to it's peer's, like the M4 and look at it's depreciation curve... same model year, same price point, and look at the curve over the past 4 months... it's had NO drop in average listing price vs >3k loss on the RCF during the same period. The RCF drops consistently every month.
Used BMW M4 Price Trend:
Feel free to reject the data but it's the data. Find alternative data that disproves it and i'm all ears.
End of the day i'm just saying this car has depreciated faster than it's peers, and continues to do so.
There is no apples to apples but compare the RCF to it's peer's, like the M4 and look at it's depreciation curve... same model year, same price point, and look at the curve over the past 4 months... it's had NO drop in average listing price vs >3k loss on the RCF during the same period. The RCF drops consistently every month.
Used BMW M4 Price Trend:
Feel free to reject the data but it's the data. Find alternative data that disproves it and i'm all ears.
End of the day i'm just saying this car has depreciated faster than it's peers, and continues to do so.
Last edited by daedalus; 02-04-17 at 03:23 PM.
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IS_250 (02-04-17)
#21
Guys i literally just sold a M6... 129k sticker bought 2 years old for 69k, and then lost another 10k in value in 18 months so i'm fully aware of German depreciation. And yes, the ISF's have stayed steady for the past two years with no real change or decrease in pricing. That notwithstanding the RCF currently have lost more money than their German counterparts currently.
If they find an inherent residual value in a year or two and begin to hold value while the german's continue to drop then AWESOME but until that happens the fact is they continue to depreciate faster than the C63 and M4.
If they find an inherent residual value in a year or two and begin to hold value while the german's continue to drop then AWESOME but until that happens the fact is they continue to depreciate faster than the C63 and M4.
#22
Guys i literally just sold a M6... 129k sticker bought 2 years old for 69k, and then lost another 10k in value in 18 months so i'm fully aware of German depreciation. And yes, the ISF's have stayed steady for the past two years with no real change or decrease in pricing. That notwithstanding the RCF currently have lost more money than their German counterparts currently.
If they find an inherent residual value in a year or two and begin to hold value while the german's continue to drop then AWESOME but until that happens the fact is they continue to depreciate faster than the C63 and M4.
If they find an inherent residual value in a year or two and begin to hold value while the german's continue to drop then AWESOME but until that happens the fact is they continue to depreciate faster than the C63 and M4.
i was just with a friend who got one yesterday (f12 m6). fast car! but that depreciation was scary.
#24
The used M4 market is 3x that of the RCF (311 nationwide vs 107). i'm more interested in long term owner data than a couple of year's worth. The cheapest 2011 ISF I could find is $32k with 89k miles , the cheapest 2011 M3 is $26k with with 88k miles, so long term data yields different results. I know there are different factors to consider, but this is a good ball park
#25
Just throwing in the auction sales data..
RCF
02/03/17 Manheim Nevada Regular $46,000 17,747 Avg Gray 8G A Yes
02/02/17 Manheim Palm Beach Regular $42,000 36,962 Below Blue 8G A Yes
01/30/17 Manheim Phoenix Lease $46,500 14,828 Avg Silver 8G A Yes
01/26/17 Manheim Texas Hobby Regular $47,000 13,263 Avg White 8G A Yes
01/20/17 Manheim Pennsylvania Regular $48,500 13,661 Avg White 8G A Yes
01/17/17 Manheim Orlando Lease $48,800 12,259 Avg Red 8G A Yes
01/16/17 Manheim Phoenix Lease $49,300 7,872 Avg Black 8G A Yes
01/16/17 Manheim Milwaukee Factory $45,500 21,404 Avg White 8G A Yes
01/12/17 Manheim Riverside Regular $46,000 16,810 Avg Blue 8G A Yes
01/10/17 Manheim Orlando Regular $46,600 17,300 Avg Black 8G A Yes
01/10/17 Manheim New Jersey Regular $48,000 11,250 Avg White 8G A Yes
01/10/17 Manheim Dallas Regular $51,500 3,264 Above Gray 8G A Yes
01/05/17 Manheim Dallas-Fort Worth Regular $51,500 4,126 Above White 8G A Yes
M4
02/03/17 Manheim Texas Hobby Regular $57,500 10,488 Above White 6GT A No
01/26/17 Manheim Riverside Regular $49,000 19,467 Avg Black 6GT A Yes
01/26/17 Manheim Atlanta Regular $47,000 17,868 Avg Blue 6GT A Yes
01/19/17 Manheim Pennsylvania Regular $52,250 8,822 Above Black 6GT A Yes
01/19/17 Manheim Detroit Regular $55,100 717 Above Yellow 6GT A Yes
01/19/17 Manheim Atlanta Regular $46,800 39,767 Avg Black 6GT A Yes
01/19/17 Manheim Atlanta Regular $45,000 17,722 Below Blue 6GT A Yes
01/13/17 Manheim Pennsylvania Regular $50,250 22,609 Avg White 6GT A Yes
01/10/17 Manheim Riverside Lease $45,500 12,624 Avg Black 6GT A Yes
01/05/17 Manheim Palm Beach Regular $53,000 10,409 Above White 6GT A Yes
RCF
02/03/17 Manheim Nevada Regular $46,000 17,747 Avg Gray 8G A Yes
02/02/17 Manheim Palm Beach Regular $42,000 36,962 Below Blue 8G A Yes
01/30/17 Manheim Phoenix Lease $46,500 14,828 Avg Silver 8G A Yes
01/26/17 Manheim Texas Hobby Regular $47,000 13,263 Avg White 8G A Yes
01/20/17 Manheim Pennsylvania Regular $48,500 13,661 Avg White 8G A Yes
01/17/17 Manheim Orlando Lease $48,800 12,259 Avg Red 8G A Yes
01/16/17 Manheim Phoenix Lease $49,300 7,872 Avg Black 8G A Yes
01/16/17 Manheim Milwaukee Factory $45,500 21,404 Avg White 8G A Yes
01/12/17 Manheim Riverside Regular $46,000 16,810 Avg Blue 8G A Yes
01/10/17 Manheim Orlando Regular $46,600 17,300 Avg Black 8G A Yes
01/10/17 Manheim New Jersey Regular $48,000 11,250 Avg White 8G A Yes
01/10/17 Manheim Dallas Regular $51,500 3,264 Above Gray 8G A Yes
01/05/17 Manheim Dallas-Fort Worth Regular $51,500 4,126 Above White 8G A Yes
M4
02/03/17 Manheim Texas Hobby Regular $57,500 10,488 Above White 6GT A No
01/26/17 Manheim Riverside Regular $49,000 19,467 Avg Black 6GT A Yes
01/26/17 Manheim Atlanta Regular $47,000 17,868 Avg Blue 6GT A Yes
01/19/17 Manheim Pennsylvania Regular $52,250 8,822 Above Black 6GT A Yes
01/19/17 Manheim Detroit Regular $55,100 717 Above Yellow 6GT A Yes
01/19/17 Manheim Atlanta Regular $46,800 39,767 Avg Black 6GT A Yes
01/19/17 Manheim Atlanta Regular $45,000 17,722 Below Blue 6GT A Yes
01/13/17 Manheim Pennsylvania Regular $50,250 22,609 Avg White 6GT A Yes
01/10/17 Manheim Riverside Lease $45,500 12,624 Avg Black 6GT A Yes
01/05/17 Manheim Palm Beach Regular $53,000 10,409 Above White 6GT A Yes
#27
The appeal of a new BMW will wear quicker as they kill their own market with similar models and higher production numbers. Personally I think where the RC F is a more unique vehicle among Lexus it will hold better in the long run. It's hard to find an ISF sub 20k now almost 10 yrs old and the RC F is a whole different monster. With new vehicle prices just for average vehicles these days around 30k+ I really can't see the RC F dropping much more anytime soon. You get them down under 40k and everyone will be wanting to go buy one. Cost to own will also kill the BMW over the years as we've seen with all of their vehicles. I feel a lot more confident owning a Lexus if anything were to go wrong with it.
#28
I'm not bashing on the RCF, I owned an ISF, and i'm trying to buy a used RCF... but if you think these cars have good resale value (especially compared to it's peers) you're drinking the koolaid. When they can't get them off their lots new and are discounting massive off sticker prices the depreciation is going to be steep. You don't see M4's getting discounted off of sticker and they were going over sticker back in 2015 when it was new when the RCF was new. And that all impacts the depreciation we're seeing today.
There is no apples to apples but compare the RCF to it's peer's, like the M4 and look at it's depreciation curve... same model year, same price point, and look at the curve over the past 4 months... it's had NO drop in average listing price vs >3k loss on the RCF during the same period. The RCF drops consistently every month.
Feel free to reject the data but it's the data. Find alternative data that disproves it and i'm all ears.
End of the day i'm just saying this car has depreciated faster than it's peers, and continues to do so.
There is no apples to apples but compare the RCF to it's peer's, like the M4 and look at it's depreciation curve... same model year, same price point, and look at the curve over the past 4 months... it's had NO drop in average listing price vs >3k loss on the RCF during the same period. The RCF drops consistently every month.
Feel free to reject the data but it's the data. Find alternative data that disproves it and i'm all ears.
End of the day i'm just saying this car has depreciated faster than it's peers, and continues to do so.
#29
#30
I don't drink Kool-aid. Again, I merely stated that it was no more than other high performance competitors and even your skewed graphs proves it. A true comparison would have been when the car was new, not a year after it was released. You cherry picked the data. Do you work for the government?