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I saw a 2012 Trail Teams listed with only 28,000 Kms (18,000 miles). I'm not sure I believe it, but let's assume there's no odometer fraud going on. What's that worth do you think?
One of the worst financial decisions you can make is to buy a low-miles collector car -- which a low-miles FJ is, for now -- and then put a ton of miles on it. Why is this such a bad financial decision? Depreciation. Let's consider two 2014 TTUE FJs on BringATrailer:The interesting thing is, with these vehicles that go 300-400K miles or more, is low mileage really worth that much?
It is in Canadian dollars.Unless the seller is asking for $65k Canadian, which would be about $48k US dollars.
The problem is they don't make them anymore. So if you want one, there is only so many out there left and that are for sale. And even less examples of ones that are in good condition, which is especially true with the low mileage such as this one. This is a rare find and $40-$45k is a fair price for this, imo.Still....$48k is crazy for used.
I bought mine new (06) for $19,999.00
I guess if you're a collector. But I think @jimmy-buffett is right... if you buy this for $47K USD and put 100K miles and a bunch of mods on it over the next several years, it's not going to be worth any more than one you buy today for $25K. So you're throwing $20K away for what? Bragging rights? I dunno. Unless you keep it in a garage, rarely drive it, and don't mod it, it's probably a bad investment.The problem is they don't make them anymore. So if you want one, there is only so many out there left and that are for sale. And even less examples of ones that are in good condition, which is especially true with the low mileage such as this one. This is a rare find and $40-$45k is a fair price for this, imo.
Well, if you pay $25k for one today? How much is it gonna be worth years from now with another 100k miles on top of what it already has? And also, not many 2012 TT's out there now selling for $25k.I guess if you're a collector. But I think @jimmy-buffett is right... if you buy this for $47K USD and put 100K miles and a bunch of mods on it over the next several years, it's not going to be worth any more than one you buy today for $25K. So you're throwing $20K away for what? Bragging rights? I dunno. Unless you keep it in a garage, rarely drive it, and don't mod it, it's probably a bad investment.
It would be interesting to do a depreciation (appreciation?) analysis. It seems like FJ's generally have three price ranges here in Canada...Well, if you pay $25k for one today? How much is it gonna be worth years from now with another 100k miles on top of what it already has? And also, not many 2012 TT's out there now selling for $25k.
With good mods, mid-high teens. So not nearly as big of a depreciation loss from 0-100K miles as from 100-200K miles.Well, if you pay $25k for one today? How much is it gonna be worth years from now with another 100k miles on top of what it already has? And also, not many 2012 TT's out there now selling for $25k.