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2003-2009 Nissan 350Z

This car loses value

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Old Sep 16, 2003 | 05:28 AM
  #1  
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Default This car loses value

Check out how many Z's there are on EBAY right now. Looks like this car will not be the Supra or the S2000 in resale conditions.
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Old Sep 16, 2003 | 08:13 AM
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Welcome to the world of mass production.

The Corvette is probably a good indicator of how the Z's resale will develop. Since both the Vette and the Z are selling in high volumes (for a sports car) there will be much better deals on used ones than there would be on a limited production car like the S2000 or a car that is no longer available like the Supra.

Shouldn't really be too surprising.

-D'oh!
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Old Sep 16, 2003 | 05:00 PM
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...also.. one reason for the lower resale is cause, like you said, there a ton of them on ebay, but unless you plan on selling your Z, i wouldn't worry about it. a least its not as bad as a kia or huydai (if thats how you spell it) which drop their resale half-price right when you drive them off the lot. [junk]
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Old Sep 16, 2003 | 07:04 PM
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Cars never really are good investments in terms of money. But as far as happiness goes its worth much more to me than the performance of any mutual fund!
Drive and love it and forget about the resale.
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Old Sep 16, 2003 | 07:19 PM
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I hear Nissan have bad resales, is that true?
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Old Sep 16, 2003 | 07:23 PM
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There are a lot of 350Zs and G35s for sale on eBay right now--but not very many of them meet the reserve price so it's hard to know how much they would go far in a local sale.

A lot of people who bid on eBay are just looking for a fire sale or a steal.

--Steve
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Old Sep 16, 2003 | 07:39 PM
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One thing is for certain, the LeMans Sunset will depreciate much faster than other colors. The silvers will hold their value much better.
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Old Sep 16, 2003 | 08:22 PM
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I have a Lemans Sunset. Why do you say they will depreciate for sure more than other colors? Do you think that maybe because the color is a little harder to find (at least when I was looking) it would hold its value a little more? I dont really know but just curios what others think.
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Old Sep 16, 2003 | 09:35 PM
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I would guess because it's a much more "trendy" color, which had fad-aspect. The Daytona Blue might be just behind it in that respect. In five years it might look really odd.
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Old Sep 17, 2003 | 04:37 AM
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If the DB is a trendy color then there are going to be a lot of cars out there that look odd. Corvette, Civic, Z, etc have all had a similar color.
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Old Sep 17, 2003 | 06:44 AM
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It's true that "trendy" colors have become a lot more common over the last several years. But that doesn't change the fact that it's a less conservative color.

One tip when selling a house is to paint it a very neutral color. It raises the resale value. It might look plain and boring, but it sells. A trendy color is going to appeal to a smaller number of people than a conservative color like silver.
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Old Sep 17, 2003 | 08:44 AM
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Originally posted by Silver Bullit II
One thing is for certain, the LeMans Sunset will depreciate much faster than other colors. The silvers will hold their value much better.
Have to chime in here, but I disagree. Production #'s on the LS are low. There are less of them. The car looks spectacular in LS today, and it will 5 to 10 years down the road. It all depends on how much attention one wants when driving the Z with this colour, but interest won't wane due to the looks. Same holds true for DB, but more so for LS. For risk of being hated, the silvers are extemely boring, and the Z looks like any other car when you see it in that colour. Too many silvers = larger depreciation value - sorry man.
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Old Sep 17, 2003 | 08:56 AM
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i was lucky with my other car(Honda civic Si) i bought it 4 years ago for 16 thousand and i can sell very easily for 11 now with 55 thousand miles on it. o welll i'm getting a Z soon
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Old Sep 17, 2003 | 09:27 AM
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Originally posted by EnthuZiast
Cars never really are good investments in terms of money. But as far as happiness goes its worth much more to me than the performance of any mutual fund!
Drive and love it and forget about the resale.

Ditto.

The only way you'll ever make money this car as an investment is to hold onto it for about 20 - 25 years, keep everything original, document everything done to it, and keep the miles low, really low.

I just sold my 1967 Mustang this summer in order to get my Z.
It was all original, never modified, only 35,825 miles. Listed new for about $2,500, I sold it for $7,500. I think the Z will probably start appreciating in about 20 years.
So if you want to make money, hold it for about 19 more years and only put about 1,000 miles on it a year. Otherwise, just follow EnthuZiast's advice.

Peace
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Old Sep 21, 2003 | 06:00 PM
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I hope nobody is surprised Z's are depreciating at the rate that they are. We talked about this before Z's were ever shipped over here.

There's a lot of them. What do you expect?
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Old Sep 21, 2003 | 06:12 PM
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Originally posted by ricedoutride
i was lucky with my other car(Honda civic Si) i bought it 4 years ago for 16 thousand and i can sell very easily for 11 now with 55 thousand miles on it. o welll i'm getting a Z soon
I had a Electronic Blue 2000 Si that I paid $16,500 for brand new and after driving it a year I got my $16,500 back. Now that's a good resale.
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Old Sep 21, 2003 | 08:26 PM
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If you wanna know good resale. I had a 1996 240SX SE. I bought it for $8500 with only 32,000 mi on it. We drove it for about 2 1/2 years and put about 45K on it. Turned around and sold it for $8900. Talk about lucky me!
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Old Sep 22, 2003 | 07:05 PM
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Just for your information. The S2000 is not holding value at all. Infact, the depreciation SUCKS on the S2000 IMO. A 2000 S2k will go for 19-20k, and thats not even with to many miles on it either. So, assuming you get 20k for it, you loose 12,600 (MSRP of 32,600) and you also loose the tax you pay, over another 2k. So less then four years, you loose almost 15k. Also, I have seen brand new 03's with only 1,900 miles on it going for 28k.
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Old Sep 22, 2003 | 08:04 PM
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Originally posted by Jsn350Z
Just for your information. The S2000 is not holding value at all. Infact, the depreciation SUCKS on the S2000 IMO. A 2000 S2k will go for 19-20k, and thats not even with to many miles on it either. So, assuming you get 20k for it, you loose 12,600 (MSRP of 32,600) and you also loose the tax you pay, over another 2k. So less then four years, you loose almost 15k. Also, I have seen brand new 03's with only 1,900 miles on it going for 28k.
Yeah I agree I see some early S's going for alot less than you would think, the market is just saturated right now so resale has taken a nose dive for lots of cars for the most part.
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Old Sep 22, 2003 | 08:08 PM
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Bought my first Z in 1972 for the grand sum of $3700. Sold it 5 years later for $3500. Not a bad "investment" considering all the return I got out of it!!
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