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Re: Values of USDM ITRs after JDM ITRs become legal
Posted: Tue Oct 24, 2017 11:31 am
by Gotin
I think that the introduction of JDM ITR will mirror the outcome of the CRX. Examples can be found of where a clean USDM CRX has sold for $10k and above while the same CRX with a bit higher miles can be $5k and above. The JDM SiR CRX has entered our market at $10k regardless of the miles. A JDM CRX is the whole JDM package which seems to have a fixed cost. We all know what a perfect US ITR can cost and the spectrum that a not so perfect US ITR can be had for. I project that the JDM ITR will come in at a fixed price and stay ballpark fixed regardless of miles. As stated before, the price is controlled by supply and demand, but I would make the argument that the USDM ITR and the JDM ITR are not the same therefore don't share the same market.
Re: Values of USDM ITRs after JDM ITRs become legal
Posted: Tue Oct 24, 2017 4:13 pm
by Dave7CDMTYPER
And wouldn't Californians have trouble getting a jdm car smogged?
Re: Values of USDM ITRs after JDM ITRs become legal
Posted: Wed Oct 25, 2017 9:29 am
by jayhaire
Californians can barely pass stock ITRs lately. Does CA have an age limit on that? If so, then it would be ok.
IL can do Antique Vehicle tags after a certain age.
Re: Values of USDM ITRs after JDM ITRs become legal
Posted: Wed Oct 25, 2017 4:36 pm
by Sort of Fast
I think majority on Supra forums stated the JDM variants did not affect USDM models much. I would reckon most who are looking for a drivers car without paying too much would opt for the JDM model since it comes with better parts at a lesser cost. Plus, RHD is actually more balanced due to where the motor is positioned. I'm still going to assume the USDM's will keep their value, but I still don't find that to be a good thing. Tired of seeing good cars sit in a garage forever just to be sold later.
Re: Values of USDM ITRs after JDM ITRs become legal
Posted: Thu Oct 26, 2017 10:15 pm
by touringteg
^ Rising values is a double edged sword. It is nice to know that your car is rising in value but it makes you think twice about adding mileage.
I bought a driver ITR with a couple fender benders and 7/`10 body. The plan was to drive it and not care yet I still think twice about adding milage. I have no plans to sell and I know it isn't going to make me rich so I should just drive and enjoy.
I had the same problem with my 97 Porsche 911 C4S. It had a major accident but it still rose in value so much that I didn't feel comfortable driving it in anger or leaving it in a parking lot anymore. The value nearly doubled from 2014 to 2016. That took the fun out of ownership pretty quickly.
Re: Values of USDM ITRs after JDM ITRs become legal
Posted: Sat Oct 28, 2017 8:28 pm
by MINTY FRESH
Hello All,
Having recently gone through the process of bringing a JDM into Canada, I would add there is another aspect to consider. Because it is very hard to get a thorough (honest?) inspection/assessment of the car you want before you purchase it in Japan, you are very dependent on the auction and/or the company assisting you to provide you with any additional information that might be missing. Needless to say this is a flawed system. Although the car I brought has many good points, the need to completely rebuild the transmission with JDM parts was very expensive and not mentioned as a possibility by the seller or the importer. I could have bought a refurbished transmission, but then you don't know how good it is. If I had to do it over again I would have tried to purchase a car that is already in the Americas. However, this then brings up the problem of paying a bit more for it, but to me it would be worth it. This of course also means that the car you want is already over here. Given this, and the original question about values, I would also say that a JDM that is already over here and is in good order, is worth much more than one that is in Japan but is an unknown commodity.
What are you going to do?
MINTY
Re: Values of USDM ITRs after JDM ITRs become legal
Posted: Sun Oct 29, 2017 2:46 pm
by coolhandluke
MINTY FRESH wrote: ↑Sat Oct 28, 2017 8:28 pm
Hello All,
Having recently gone through the process of bringing a JDM into Canada, I would add there is another aspect to consider. Because it is very hard to get a thorough (honest?) inspection/assessment of the car you want before you purchase it in Japan, you are very dependent on the auction and/or the company assisting you to provide you with any additional information that might be missing. Needless to say this is a flawed system. Although the car I brought has many good points, the need to completely rebuild the transmission with JDM parts was very expensive and not mentioned as a possibility by the seller or they importer. I could have bought a refurbished transmission, but then you don't know how good it is. If I had to do it again I would have tried to purchase a car that is already in the Americas. However, this then brings up the problem of paying a bit more for it, but to me it would be worth it. This is of course also means that the car you want is already over here. Given this, and the original question about values, I would also say that a JDM that is already over here and is in good order, is worth much more than one that is in Japan but is an unknown commodity.
What are you going to do?
MINTY
Valuable input, thank you for sharing.
Re: Values of USDM ITRs after JDM ITRs become legal
Posted: Sun Oct 29, 2017 9:35 pm
by touringteg
Interesting point about importing from Japan. I previously owned an R32 Skyline GTR and currently a MK4 Supra TT from Japan. I bought both of that already landed in Canada. Both had issues but the fact is they are old cars.
Re: Values of USDM ITRs after JDM ITRs become legal
Posted: Mon Oct 30, 2017 8:10 am
by aw614
how are the rust issues on the jdm cars? I'd be weary of a car from canada b/c of that, do they salt their roads like how they do here in the US?
Re: Values of USDM ITRs after JDM ITRs become legal
Posted: Mon Oct 30, 2017 10:28 am
by MINTY FRESH
Hello,
I can only speak to my own experience, but the car I imported has no underseal and the underside is very clean. Please see attached pictures. And by the way, in Alberta we do not use road salt, we use sand; whereas, Ontario more often uses road salt.
Andrew