Notices
2003-2009 Nissan 350Z

350z appraisal

Thread Tools
 
Search this Thread
 
Old Sep 1, 2008 | 08:43 AM
  #1  
Z33_kid's Avatar
Z33_kid
Thread Starter
Registered User
iTrader: (1)
 
Joined: Jun 2007
Posts: 882
Likes: 0
From: ATL
Default 350z appraisal

well like the title says im so pissed right now i would get appraised 17-20k on a 07 350z enthusiast the car is in great condition with only 8k miles
i was thinking about selling it and waiting for a 370z or buying me a sti but if i do i will end up losing it all even the cash i gave


question why the F*ck is it dropping so much ?
Reply
Old Sep 1, 2008 | 08:45 AM
  #2  
london2012's Avatar
london2012
Registered User
 
Joined: Aug 2008
Posts: 65
Likes: 0
From: colorado
Default

Who appraised it?
Reply
Old Sep 1, 2008 | 08:46 AM
  #3  
krazy k's Avatar
krazy k
Registered User
iTrader: (1)
 
Joined: Jan 2006
Posts: 88
Likes: 0
From: California
Default

Sorry, thats just how it is. Is it payed off? if not, that 17-20k is just going towards whats left.
Reply
Old Sep 1, 2008 | 08:54 AM
  #4  
Z33_kid's Avatar
Z33_kid
Thread Starter
Registered User
iTrader: (1)
 
Joined: Jun 2007
Posts: 882
Likes: 0
From: ATL
Default

i went to a subaru dealership which they suck but im gettin about almost the same at carmax... and no its not paid off
Reply
Old Sep 1, 2008 | 09:00 AM
  #5  
Z04's Avatar
Z04
Registered User
iTrader: (15)
 
Joined: Nov 2003
Posts: 6,612
Likes: 1
From: Clarksville, Tennessee
Default

Originally Posted by Z33_kid
i went to a subaru dealership which they suck but im gettin about almost the same at carmax... and no its not paid off

that is why it is so low. no car company will go that much upside down on a car barely a year old when you owe that much (maybe more). looks like you will have to wait to get that new car. that sucks but there is no one to blame but yourself for not waiting.
Reply
Old Sep 1, 2008 | 09:01 AM
  #6  
london2012's Avatar
london2012
Registered User
 
Joined: Aug 2008
Posts: 65
Likes: 0
From: colorado
Default

I just pulled NADA for a 2004 base with 50k miles and they say clean retail is $17,000. Don't trade it in at a dealership, they will only rip you off. Sell the car out right. NADA for a 2007 is $24,000 on NADA. If you sell it yourself you can get over $22k for it. It might take a month or so, but you will make an extra $5k. I just sold my 2000 Celica so that I can buy a Z. I took it to the Nissan dealership and they told me it was worth $4300. I sold it for $7100 in two weeks after listing it on auto trader for $7300. Look into your options and don't be in rush.
Reply
Old Sep 1, 2008 | 09:03 AM
  #7  
london2012's Avatar
london2012
Registered User
 
Joined: Aug 2008
Posts: 65
Likes: 0
From: colorado
Default

Oh, also, normal people who buy cars from other non dealership people usually go buy NADA or Blue Book. So if you sell it for $1,000 below those numbers, people will think they are getting a good deal over buying at a dealership. Private party selling is win win imo
Reply
Old Sep 1, 2008 | 09:09 AM
  #8  
Z04's Avatar
Z04
Registered User
iTrader: (15)
 
Joined: Nov 2003
Posts: 6,612
Likes: 1
From: Clarksville, Tennessee
Default

Originally Posted by london2012
Oh, also, normal people who buy cars from other non dealership people usually go buy NADA or Blue Book. So if you sell it for $1,000 below those numbers, people will think they are getting a good deal over buying at a dealership. Private party selling is win win imo

he could do that , but since he said it is not paid off he would need to try and sell it for the amount at or above what he still owes on the car. any smart shopper would pass on something like that, even if it was in pristine condition (which is what that max amount in KBB is reserved for)
Reply
Old Sep 1, 2008 | 11:56 AM
  #9  
davidv's Avatar
davidv
Registered User
iTrader: (2)
 
Joined: Jun 2004
Posts: 42,753
Likes: 11
From: Tucson, AZ
Default

Originally Posted by Z04
he could do that , but since he said it is not paid off he would need to try and sell it for the amount at or above what he still owes on the car. any smart shopper would pass on something like that, even if it was in pristine condition (which is what that max amount in KBB is reserved for)
Agree. You are asking a potential buyer to buy a car that you do not own. That puts you at a terrible disadvantage.
Reply
Old Sep 1, 2008 | 01:21 PM
  #10  
dhays's Avatar
dhays
New Member
iTrader: (10)
 
Joined: Aug 2008
Posts: 990
Likes: 1
From: University Place, WA
Default

I tend to like the appraisals at Edmunds.com. They seem to be very realistic. KBB is way off, and NADA is biased towards the industry. Edmunds seems more realistic on both the trade-in and retail end.

Depending on color, region of the country, and condition, and weather you have an auto or a manual, I would say that you should be able to get 20k from a dealer and maybe 22k from a private party. Keep in mind however, that the sports car market has taken a nose dive in the last 6 months and with winter approaching the demand will be even less.

If you really want to sell your car, PM me. I'm looking for an '07 and may consider an enthusiast. Don't bother if the color is silver or if it is an auto however.
Reply
Old Sep 1, 2008 | 07:53 PM
  #11  
Z33_kid's Avatar
Z33_kid
Thread Starter
Registered User
iTrader: (1)
 
Joined: Jun 2007
Posts: 882
Likes: 0
From: ATL
Default

thanks guys and yea its silver lol
Reply
Old Sep 1, 2008 | 08:11 PM
  #12  
Spork's Avatar
Spork
Registered User
iTrader: (6)
 
Joined: May 2007
Posts: 27,592
Likes: 6
From: MN
Default

Originally Posted by london2012
NADA for a 2007 is $24,000 on NADA.
You need to clarify where you got the $24000 from once more.
Reply
Old Sep 1, 2008 | 08:16 PM
  #13  
The Brickyard Rat's Avatar
The Brickyard Rat
350Z-holic
Premier Member
iTrader: (1)
 
Joined: Dec 2002
Posts: 6,940
Likes: 2
From: Sacramento, Ca.
Default

Your calling a quote from a Subaru dealer an "appraisal"? What have you been smokin'?
Reply
Old Sep 2, 2008 | 06:00 AM
  #14  
Demonbfg's Avatar
Demonbfg
Registered User
 
Joined: Feb 2008
Posts: 643
Likes: 0
From: Port St.Lucie,Fl.
Default

Don't feel bad i received a quote of 21,000 for my mint condition 07 nismo,2200 miles,still smells new.I wanted to get an evo but like i said in another post..i'll drive it till the wheels fall off before i let it go for that and yes it's got a clear title.
Reply
Old Sep 2, 2008 | 06:44 AM
  #15  
london2012's Avatar
london2012
Registered User
 
Joined: Aug 2008
Posts: 65
Likes: 0
From: colorado
Default

Originally Posted by Silverstone-Z
You need to clarify where you got the $24000 from once more.


I know. I didn't proof read before I posted it. Life happens. Fortunately for me, you were there to catch my mistake. Will you be there to save me when I end a sentence with a preposition?
Reply
Old Sep 2, 2008 | 10:37 AM
  #16  
EZ E's Avatar
EZ E
Registered User
 
Joined: Jul 2007
Posts: 75
Likes: 0
From: Los Angeles, CA
Default

every 4th car here in SoCal is a 350z . The resale value is going to be lower right now due to it being an impractical 2 seater sports car, not to mention a failing economy, but factor in the fact that so many people have them and are now selling just adds to your resale woes.

Good luck with the sale!
Reply
Old Sep 2, 2008 | 08:15 PM
  #17  
liven Z life's Avatar
liven Z life
New Member
iTrader: (1)
 
Joined: Nov 2007
Posts: 398
Likes: 25
From: queensbury NY
Default

sell it on ur own. then you would get more.
Reply
Old Sep 2, 2008 | 09:01 PM
  #18  
Zultimate's Avatar
Zultimate
Registered User
 
Joined: Jul 2008
Posts: 90
Likes: 0
From: O'fallon IL
Default

Originally Posted by Z33_kid
well like the title says im so pissed right now i would get appraised 17-20k on a 07 350z enthusiast the car is in great condition with only 8k miles
i was thinking about selling it and waiting for a 370z or buying me a sti but if i do i will end up losing it all even the cash i gave


question why the F*ck is it dropping so much ?
It's called depreciation. You usually take the biggest hit during the first two years of ownership. Sure the lagging economy is affecting sales but not really the "value" of your car. The smart thing to do is just drive the car and pay it off. In a few years you can sell it and buy a used 370z after someone else has taken the depreciation.
Reply
Old Sep 3, 2008 | 08:19 AM
  #19  
AllStock's Avatar
AllStock
Registered User
iTrader: (18)
 
Joined: Feb 2008
Posts: 1,155
Likes: 0
From: nowhere near you
Default

damn that is horrible. Keep the Z! Or best thing to do is to sell it privately without trading it in..
Reply
Old Sep 3, 2008 | 08:48 AM
  #20  
YOGURT!'s Avatar
YOGURT!
Registered User
iTrader: (1)
 
Joined: Jan 2008
Posts: 168
Likes: 0
From: Rochester, NY
Default

im in the same boat.. my 03 with 37k miles isnt worth squat compared to what I bought it for..
its disappointing..
Reply



All times are GMT -8. The time now is 02:57 PM.