This car loses value
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!
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!
...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]
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.
Drive and love it and forget about the resale.
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
A lot of people who bid on eBay are just looking for a fire sale or a steal.
--Steve
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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.
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.
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.
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.
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.
One thing is for certain, the LeMans Sunset will depreciate much faster than other colors. The silvers will hold their value much better.
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.
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
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 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
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!
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.
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.
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.


