MY350Z.COM - Nissan 350Z and 370Z Forum Discussion

MY350Z.COM - Nissan 350Z and 370Z Forum Discussion (https://my350z.com/forum/)
-   2003-2009 Nissan 350Z (https://my350z.com/forum/2003-2009-nissan-350z-2/)
-   -   Horrible resale value? (https://my350z.com/forum/2003-2009-nissan-350z/335213-horrible-resale-value.html)

track11z 02-11-2008 10:04 AM

I was thinkiing the same a few weeks ago
 

Originally Posted by newspeed
Did anyone notice the huge depreciation these cars have been hit with in the past 6 months? Many are asking in the mid teens for 03-05 models and even then they are not selling that easily.

Has nissan produced way too many of these cars or have people just lost interest in them?

Comparing similar year and mileage to honda s2000 and its clear that they hold their value way better than our cars yet were almost the same price brand new.

rant over...

I was thinking the reason was how many was wreacked then sold with a salvage title is what brought the resale down,but just a GUESS.

firekrave 02-11-2008 12:02 PM


Originally Posted by kupogrey
i never bought this car hoping it would keep its resale value. :icon43:

+1

kenpo_350Z 02-11-2008 12:37 PM

If anyone can find me a roadster 6spd touring in the mid teens I would like to know. I have only found some with 100K miles on them for mid teens price. They seem to be around 20K with around 20-40K miles on them.

VQZ33_Jake 02-11-2008 12:55 PM


Originally Posted by kenpo_350Z
If anyone can find me a roadster 6spd touring in the mid teens I would like to know.

it wont happen, not until the 370 comes out anyway.

jeffnot 02-11-2008 01:14 PM

A lot of it has to do with gas prices, the weather and availability. Think about it- many of the people who are thinking of selling a RWD sports car like the Z will do it when they need to get around in the winter- which floods the market.

And about the S2K holding it's value more- pretty much any Honda will holds it's value over anything else (along with Toyota). The good news is that Nissan isn't too far behind. All of this has to do with reliability and availability. Just about any vehicle that is Japanese will hold it's value pretty well compared to domestic brands.

davidv 02-11-2008 02:10 PM


Originally Posted by davidv
Can you show me a quote from a credible source stating that 350Z depreciation is horrible? Thanks.

Guess not.

Z1NONLY 02-11-2008 03:51 PM

kbb.com says my Z my 05 base is worth 19k. I paid < 26K brand new in october of 04'.

http://www.kbb.com/KBB/UsedCars/Pric...uizConditions=

TerraNova3 02-11-2008 03:56 PM

The z's value is fine, 5 years old and being a base is nothing really spacial.

mega_boi 02-11-2008 03:59 PM

this guy doesn't seem to have a problem:

https://my350z.com/forum/2003-2009-nissan-350z/335348-dude-offer-me-60gis-for-izn.html

DevinB 02-11-2008 04:58 PM


Originally Posted by kenpo_350Z
If anyone can find me a roadster 6spd touring in the mid teens I would like to know. I have only found some with 100K miles on them for mid teens price. They seem to be around 20K with around 20-40K miles on them.

http://www.autotrader.com/fyc/vdp.js...000&cardist=28

This one is 18.9K. Assuming you arent a noob at the dealership you could probably get them down closer to 17k.

sno 02-11-2008 08:27 PM

I bought my 03 Touring 7 months ago for 21k, it kbb's at 22.5k. :dunno:

sno 02-11-2008 08:28 PM


Originally Posted by DevinB
http://www.autotrader.com/fyc/vdp.js...000&cardist=28

This one is 18.9K. Assuming you arent a noob at the dealership you could probably get them down closer to 17k.

It's an auto.

bhendjol 02-11-2008 08:36 PM

get an accord or civic/ thread.

RedLine 350z 02-11-2008 08:38 PM

One reason I steered away from the Honda badge is because it cost too much for something that is compared to Nissan. Sure, Honda has a better reputation for reliability. My reason for buying the 350z over the 2k's was because it's more bang for your bucks. They styling was pretty much a coin toss. If you're buying it for resale value, then you're in the wrong business. Cars depreciate. Just be glad it doesn't drop value like Chevy's (except the corvette), Dodge (except the viper), and Fords.

Chrunk 02-11-2008 10:09 PM

I bought my 06 base with 13k on it on thanksgiving day for $23k. I think the first owner really took it hit on it, and i bought mine at a nissan dealer with 100k warrenty.

2fast4comfort 02-12-2008 12:02 AM

03 50k miles touring for $16k a month ago id call that pretty cheap. thats why i bought it

Black Spider 02-12-2008 05:24 AM

I bought my 06 touring last year with 12k miles for $22k (US) in Philly. Up here in Canada they can go for $40k (C). At the time our dollar was higher so I really got it for about $20 (C). I'm hoping when I eventually sell it here in Canada I won't take much of a hit.

jeffnot 02-12-2008 06:34 AM


Originally Posted by RedLine 350z
One reason I steered away from the Honda badge is because it cost too much for something that is compared to Nissan. Sure, Honda has a better reputation for reliability. My reason for buying the 350z over the 2k's was because it's more bang for your bucks. They styling was pretty much a coin toss. If you're buying it for resale value, then you're in the wrong business. Cars depreciate. Just be glad it doesn't drop value like Chevy's (except the corvette), Dodge (except the viper), and Fords.

Corvettes don't hold their value very well, either. Not when you can get a 5 year old Z and a 5 year old Corvette for around the same price- but the Corvette started out at twice the price!

dalecan 02-12-2008 07:00 AM

resale values
 
Guys,

Modern cars depreciate, unless you get something rare and hold onto it. You buy the car, you drive the car and you don't worry about the resale value.


Have fun:D

DraGonAlchemist 02-12-2008 08:41 AM

car looses 5000 soon as u drive off the dealer's LOT. .

?~~how much was a brand new performance model Z in 2003 when it 1st came out??
a buddy of mines insisting on 27K. .and im thinking in the 37 range. .anyone know??


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