ISF Pricing 2024?

[MarcusHarding]

Hello all,

Firstly thanks to anyone that participates in this forum. I am a long time lurker and this forum has answered so many questions I've had during my ownership!

As the title suggests I want to discuss the current pricing of the ISF. Whilst always monitoring the market I have been monitoring the pricing since July very closely with a mind to sell my (USB MY10) 73k mile example in the new year. 

To help other owners I have built a spreadsheet which I will continue to add to where possible of the current listings and any previous listings I have record of. This sheet tracks the initial list price and the current price at todays date. if there were any reductions. As for past listings the price is the initial list price and last known price before taken down or sold. 

I will share the link to the spreadsheet here - Click Hereye

I will also attach a screenshot for general ease. 

With all that information, the current used car market being down and RCF prices dropping into the very low twenties, where does that leave us? 

Based on the information I can see we are left in a position of £14-18k for 08-10? and £18-24k for 11+? depending on mileage and condition of course. 

With used car values on the decline since the huge bump over the last year or two I can't say I'm too surprised. Especially including the Yen to the Sterling rate recently I'm not surprised more potential buyers are looking that way. But still our Lexus' still depreciate less than all that new tat on the markets today! £700 p/a tax seem to put a few potential buyers off who I've spoken to especially, without getting political, the new labour government in and their ever-changing stance on road tax, I don't see them being too friendly to 5.0 V8s! 

With all that being said I'm thinking around £17.5k for my USB MY10 73k mile in the new year. FLSH etc. I will share more details closer to them time when I make the listing. Also considering how long it seems to take to sell these cars, typically way over 6 months I'm not sure I'll be overly ambitious with my pricing. 

Thanks for reading, I hope other owners find this useful as I have when keeping an eye on my car's value. 

 

[GMB]

Very interesting analysis. I could do with the dosh but couldn't bear to part with mine, unless the price went to £50K and even then I would have to think very hard about it.  They really are special cars and I have had a few in my 57 years driving. The burden of £735 tax ( probably more tomorrow ) and the same cost of insurance and keeping the car maintained is a bit of a downer but these cars are far superior to Mustangs Jags BMW  et al V8s.    Just my biased opinion. Long may they reign.

[DamianLEX]

My JDM ISF Road tax is £325, less than wife’s UK is250 currently standing at £390!

 

[RichGS11]

Interesting as I'm also looking to part ways with mine in the next 6 to 12 months. I do feel that the government may make that very difficult with a potential tax hike (one of the reasons I think it's time to call it a day). 

Thanks for the spreadsheet. I feel pricing an ISF is a completely random affair. I have a 60k 2010 USB, which will make the sale a lot easier compared to some, but I feel for ease I'll be headed to a dealer to see what they'll price it up as, when the time comes.