How good will the Emira's gain in value be?

[Tomwa]

I have no interest in the depreciation - I first looked at the photos back in September 2021 (I know this because I saved them to my Dropbox account) - and as of October 2024 it appeared in my garage (It's not been out much due to the weather!)

The person who owns my Emira after me will be prising the keys out of my cold dead fingers.

I can assure you -I won't give a f...

While sentimentally I can agree with you. That kind of only continues to hold true as long as the Emira is positioned to be unique in the marketplace now and in the future.

If we are to compare the Emira to something like a Corvette. (pricing wise at least is closer than a 911). I'm sure there are many corvette owners that will buy the Corvette that's right for them, at the right time. But, how of those buyers in say... 7-10 years when a NEW corvette is available will stick it out and not swap in for the new thing? I would guess the minority, even as that ownership group ages.

I know not every car owner is the same, and also not all car communities. But, just because you are putting depreciation out of your head for your peace of mind, doesn't mean that others should not talk about it openly, frankly, and with consideration.

I understand that it's very hard as a car enthusiast to not see leeches and people who are buying special model cars just for speculation. I don't think anyone here is trying to do that, or trying to whip people up into a bad faith belief. While I personally will want to enjoy my Emira for as long as possible, and I do rarely move around between cars, as I grow sentimental, or at least pot-committed to them. I can't ignore the possibility that some short coming, or some exciting new opportunity may present itself that has me entertaining swapping cars. In that event, where would I stand in terms of equity and values is an important factor towards where I can go next.


Ultimately, if you aren't interested in these discussions, just don't read them. No one is here to tell you that your version of ownership or enjoyment is wrong. However, adding 'two cents' to say the conversation is meaningless... at least to you, kind of implies the inverse.

 

[meenboli]

While sentimentally I can agree with you. That kind of only continues to hold true as long as the Emira is positioned to be unique in the marketplace now and in the future.

If we are to compare the Emira to something like a Corvette. (pricing wise at least is closer than a 911). I'm sure there are many corvette owners that will buy the Corvette that's right for them, at the right time. But, how of those buyers in say... 7-10 years when a NEW corvette is available will stick it out and not swap in for the new thing? I would guess the minority, even as that ownership group ages.

I know not every car owner is the same, and also not all car communities. But, just because you are putting depreciation out of your head for your peace of mind, doesn't mean that others should not talk about it openly, frankly, and with consideration.

I understand that it's very hard as a car enthusiast to not see leeches and people who are buying special model cars just for speculation. I don't think anyone here is trying to do that, or trying to whip people up into a bad faith belief. While I personally will want to enjoy my Emira for as long as possible, and I do rarely move around between cars, as I grow sentimental, or at least pot-committed to them. I can't ignore the possibility that some short coming, or some exciting new opportunity may present itself that has me entertaining swapping cars. In that event, where would I stand in terms of equity and values is an important factor towards where I can go next.


Ultimately, if you aren't interested in these discussions, just don't read them. No one is here to tell you that your version of ownership or enjoyment is wrong. However, adding 'two cents' to say the conversation is meaningless... at least to you, kind of implies the inverse.

Hmm - wasn't expecting that reaction

I didn't say I wasn't interested in the discussion - I wouldn't be here if that was the case.
Nor did I say the conversation is meaningless - perhaps I should have started with the term 'It doesn't bother me'.

And by that I don't mean I'm loaded, so I don't care if I lose £50k (because I'm not!) - I simply meant that I've waited for 3 years for the Emira and I'm pretty sure I'll never sell it. That's because I'm 'that kind of buyer' - in that I have a (bad) habit of keeping things.
The Emira is sat next to my last car, which I bought 14 years ago - and I have no intentions of ever selling that either.

I looked at the depreciation aspect before I bought (and the car market is in turmoil - at least in the UK) and generally thought stuff it - we're here for a good time, not a long time, so ordered it anyway.

I'll stick my neck out here - but I think if any of us were to take the depreciation too seriously, certainly at the point of ordering, then we simply would never press the 'Buy it Now' button.

I think you misread my sentiment - I certainly wasn't criticising the thread

 

[nickorette]

Emira V6 has all the markers to be a future modern classic:
-Looks
-Sound
-Rarity
-6 Speed
-Low maintenance
-Last of the line/no replacement
-Low entry cost

 

[Jinba ittai]

Emira V6 has all the markers to be a future modern classic:
-Looks
-Sound
-Rarity
-6 Speed
-Low maintenance
-Last of the line/no replacement
-Low entry cost

I’ve been fortunate, but some may argue the low maintenance point. Also not sure that a low entry cost increases chances of being a future classic. I agree with the rest of your points.

 

[OppositeLock]

If you compare a Lotus to any other mid engine car, then yeah, it's simple and reliable. Compared to a Toyota Camry, despite sharing the same engine, not so much.

 

[allenyao09]

My previous 2 cars gained value over my ownership. 2008 Evo X bought in 2015 for $23k and sold in 2023 for $28k. 2023 Supra 3.0 MT bought for $57k MSRP and traded in for $61k. The actual gain is less because of the mods, restorations, taxes and fees.

I doubt my Emira can gain any value over the sticker price since its already expensive (mine is $110k), but I think it will keep its value over time due to its uniqueness.