Anyone else notice how much FR-S values have fallen?

"LJ909" (lj909)
09/19/2015 at 04:45 • Filed to: None

13’ FR-S for 16k with 35 thousand miles. If the used market fills with these at these kinds of prices, the answer might end up not being Miata anymore. Tempting to pull the trigger on dont you think?

DISCUSSION (24)

Tareim - V8 powered > LJ909
09/19/2015 at 05:18

Do it! you will not regret it, they are very rewarding to drive on the twisties, not a great choice if you’re all about the stoplight drags though

PS9 > Tareim - V8 powered
09/19/2015 at 06:57

Kinja'd!!!

You say that like the problem has no solution.

Funktheduck > LJ909
09/19/2015 at 07:28

I think a big factor is no one wants to buy a car with a rep for being driven hard.

That, and the market for small 2 door cars is pretty small.

jjhats > LJ909
09/19/2015 at 07:42

Focus st seem to be doing the same. Bought my 2013 with 30k miles mid level st2 trim and cpo warranty for 16,500

Tareim - V8 powered > PS9
09/19/2015 at 07:57

yeah there is that but it’s stupidly expensive unfortunately :(

PS9 > Tareim - V8 powered
09/19/2015 at 08:11

BUT WORTH IT BECAUSE 10K RPM MANUAL V8!!!!

JQJ213- Now With An Extra Cylinder! > LJ909
09/19/2015 at 08:38

I actually heard somewhere thag the BRZ was holding its value better since its a Subaru, not a Scion...

People dont think the brz is driven as hard and will be just as reliable as other subarus...

Supreme Chancellor and Glorious Leader SaveTheIntegras > LJ909
09/19/2015 at 09:05

I have another year or so till i get another car, but nice to see these fall in value

OPPOsaurus WRX > LJ909
09/19/2015 at 09:58

Wow meanwhile I was offered BY A DEALER $24k for my WRX

Captain of the Enterprise > LJ909
09/19/2015 at 10:20

Now I just need them to drop another 12k and then I'm game

Tareim - V8 powered > PS9
09/19/2015 at 10:47

ok if you lend me the $$$ I will buy it :)

LJ909 > Tareim - V8 powered
09/19/2015 at 14:15

Nah im all about driving. The twisties are where it matters most.

LJ909 > jjhats
09/19/2015 at 14:19

Wow. It must be a demand for them where I live because the cheapest ST I could find was 19k with 23 thousand miles. From a Dodge dealer.

LJ909 > JQJ213- Now With An Extra Cylinder!
09/19/2015 at 14:21

I kinda figured that the Scion badge had something to do with it. But most people dont realize that they are the same exact car. But then on the other had you also see more FR-S than BRZ’s so that probably has something to do with it too.

LJ909 > OPPOsaurus WRX
09/19/2015 at 14:22

Thats because everyone wants an WRX, especially last gen hatch STi’s. They have held their values stubbornly. Saw an 07 STi with like 89k on it for 25 the other day.

JQJ213- Now With An Extra Cylinder! > LJ909
09/19/2015 at 14:56

It’s really funny it’s ending up that way.

So yes the BRZ costs a bit more up front...but down the road it’s holding value a lot better..

I still need to drive either one of em

JQJ213- Now With An Extra Cylinder! > OPPOsaurus WRX
09/19/2015 at 14:57

And you still have it???

LJ909 > JQJ213- Now With An Extra Cylinder!
09/19/2015 at 15:11

Yea. Kinda stupid though actually. But I want to drive one to. Well buy one. Its good cheap fun.

jjhats > LJ909
09/19/2015 at 16:23

I bought the cheapest one in the country at the time. New base model st were 18k last fall

Eric @ opposite-lock.com > LJ909
09/19/2015 at 18:39

It depends on the market. In my local market an ST3 is like a BRZ, while an ST1/2 is like an FR-S. Their perception and the perception of the buyers radically alters their value. ST3s depreciate very slowly, while ST1s and ST2s depreciate much faster the lower they go. Mods also completely destroy resale value. This is even true with the 2013s, which have well-known problems that have been posted all over the internet.

Eric @ opposite-lock.com > Funktheduck
09/19/2015 at 18:46

The FR-S and BRZ attracted different buyer demographics, too. BRZs were bought by people with more money that were less likely to mod them. The FR-S was seen as cheap speed by those that bought them and it’s probably very hard to find one that hasn’t been modified.

LJ909 > Eric @ opposite-lock.com
09/19/2015 at 20:13

Yea alot of older ones are really modded. It’s annoying when the looking for one& what kinds of problems?

Funktheduck > Eric @ opposite-lock.com
09/19/2015 at 22:34

Yeah. I wish more people bought them to keep the market alive. I still prefer the new Miata but I haven't driven the FR-S/BRZ yet so that could change.

Eric @ opposite-lock.com > LJ909
09/20/2015 at 01:27

Smaller front rotors that fade sooner and rear motor mounts are the main ones I can think of off the top of my head. They did a lot of minor silent changed in 2014, including some mid-year changes.