Resale value on our Z's are pathetic,
 

I'm in the same boat as many trying to sell my Z because of the way we have been treated by Nissan. I have found that within the last month our cars value has dropped considerably, I'm not sure if the market has found out that there is a feathering /suspension problem on our cars but something has happened. They might also be over producing, I saw 6 Z's sitting at my local NIssan dealership. I'd love to keep my car but i can't afford to replace the tires every 4k miles and annoyed by the bouncing suspension it has develop in the last 2 months. It just frustrates me the way Nissan has shamely brushed the front suspension problem away as if the tire manufacturer is to blame. If someone wants to buy a Z for cheap let me know, vincerr93@yahoo.com I'm located in the Wichita, KS. area.

Forgot to mention what I was offered by 3 different dealerships.. From $24000 - $25500. I have a performance package with areo package, and side air bags. Paid over $32,200. About a 25% drop.

Have you tried other tires or anything?

I've just broke 15K miles on my original tires, and while the fronts are just about due for a change (probably about 1000 more miles), they have very even wear.

I've been to 3 autoX's, 2 trackdays, and drive a very twisty road to work. Maybe the hard cornering is helping to more evenly wear the tires.

Anyhow, I know that some (maybe many) of the cars have a problem, but if you still like the car otherwise, maybe there are some other steps that could be taken to solve the problem.

Either way, good luck, and I hope that everything works out.

-D'oh!

If I were you, I would definitely try to sell it privately. You will get alot more of your money back. I still would expect to eat a few thousand dollar in loss because almost all cars lose alot of value as soon as you drive them off of the lot. Good luck ...

Of course you're going to get screwed trading it back to a dealer. Why are you surprised? Sell it privately.

Thats why i only lease cars. The dealer told me the car which was 35k will be worth 18k in two years and probably less on the open market. this way i can drive the crap out of the car from day one, no break in required, just enjoy it and after two years let someone else get whats left of it after i have abused it daily. I just traded in a 2001 bmw m roadster, i pitty the poor fool that bought that car after i got done with it. cars are fun to drive but a bad investment and we all know that

Stick it on Ebay,

You should get a fair value. It will also sell quickly.

The dealer is not going to give you more for the car, than what they can get it for, themselves.

What are you going to trade the car, in on any way?

I agree, why are you surprised by the fact they are low-balling you?

Eric

A co-worker of mine bought a base model Z (brickyard) about 2 months ago. He just told me today that he's selling it.

With less than 1000 miles on the odometer, he thinks he can get $25K for it, selling it privately.

BTW, if you're wondering why he's selling it.....well, he says he now wants a WRX Sti instead.

A clean, 9 year old, 300zxTT , with 50k miles still brings in 15k+. There is no way this car will be worth 18k in two years.

I agree the car loses major value, but your dealer is getting ahead of himself there. It does not lose 45% in two years.

In reality, you guys should really compare the value of the Z cars in a historical perspective.

Z cars have held high values, throughout the production range.

I would also use market value, rather than wholesale value, private sale of the Z cars has always been easy, and you can expect to receive upwards of 20% more money by selling it on your own.

I also agree a car is by no means an investment.

Though do not forget the true cost of the car must be taken into account using the following example formula:

Amount paid: 35k
Amount car is worth at sale: 15k
fuel, tires, oil, repairs etc. : 2k
Amount car actually cost to own:22k


While it is a depreciating asset, it is still an asset, dont forget.

Eric

maybe a bit more,

used base models on ebay are going for 25-26k range,

check it out,
Eric

So, how much is it you've paid over the years and never owned anything...........:icon8: :icon8: :icon8:

Yah, always reminds me of renting an apartment. Sorta the same.

It doesnt cost me anything, I write it all off for business. If i buy it i can only depreciate it so much every year, if i lease it i can write the whole payment off, insurnace, gas, etc. So in my case i will never buy a car, nothing down, drive the crap out of it for two years and just turn it in. that way i dont have to worry what its worth at that time. But i know one thing i will never buy another jap car, i have been spoiled by the germans, live and learn. But i am enjoying driving it for now.

This may sound dumb, but worth a try...

I had a Rodeo when I ordered my Z. I wanted to dump it before I had my Z because I didnt want to get screwed on a trade in at the dealer. I put an ad in the paper, to no avail.

I ended up taking it to Carmax and sold it. They gave me blue book value for a good condition Rodeo. (www.kbb.com).

I had some friends that got good offers from them. But, they tried to offer one friend with a '99 M3 only like $18k (uh, it is an M3, not a 318) and he still has it.

Worth a shot. It is free for an estimate, and good for 1 week or 300 miles.

Richard

sucks to not modify the car ever...


anyway, new cars drop in value a substantial amount when they go off the lot. resale sucks? yeah cause some smart guy is gonna take the fool that sells a car after 5 months to the cleaners. thats just funny, wish Id known, Id take a 5month old car at that kind of discount. not everyday someone sells a 33000$ car for an 8000$ loss because his tires dont wear evenly.

if tires are your only concern, then just buy some tires like Falken or Kumho, they are very reasonable priced. They should last you at least 20k miles.

the stock tires lasted me 14k miles and still has some more tread left.. if I hadn't got the front tires for free, I wouldn't replace them yet..

I don't find the resale to be a problem. My wife and I decided that before we bought the car that they would pry it out of the cold dead hands of the last one of us living.

We sold the 240Z she had when we were married back in 73 for a pickup to haul horses and have regretted it since.:(

I'm only 16 so i haven't had any experience with buying/leasing cars yet. For a 2 year lease on a new 350z how much did you have to pay and what was the maximum miles you could have? Does this still include warranty and service? And is it true that if you did want to buy at the end of the lease aggreement you can usually get a good deal?

It does sound reassurring not to have to worry about resale or long term problems associated with beating the crap out of your car.

On a 2 year lease with no money down......expect to pay an arm and a leg. I dont care if you are in the 800 club.

Well you don't have to lease to get the business benefit, I bought it personally and have my business pay for the maintenance, gas and insurance and pay myself a car allowance to cover the payment, so I get the company to pay for it and still own the asset at no cost to me.

At the end of the year I have to report a certain percentage as income for personal use of the car but so should you in leasing it, so really the only benefit to leasing is that you can walk away without questions at the end of the lease but there is no financial benefit, actaully my scenario is better as I have less outflow of cash with a lower purchase payment than lease payment, so unless the car really depreciates or I try to sell in a year or 2 I will be better off.