Notices
2003-2009 Nissan 350Z

Hagerty Article: Not just classic Zs, but 350Z values on the rise!?

Thread Tools
 
Search this Thread
 
Old Jun 14, 2021 | 03:12 PM
  #1  
icer5160's Avatar
icer5160
Thread Starter
New Member
15 Year Member
Liked
Loved
Community Favorite
iTrader: (4)
 
Joined: May 2010
Posts: 2,074
Likes: 619
From: Brentwood, CA
Default Hagerty Article: Not just classic Zs, but 350Z values on the rise!?

I thought this article from Hagerty was an interesting read. It looks like the "high-school/college kid fire sale price" days of the 350Z are going to be numbered. For those of you still holding onto a clean 350Z, don't let it go yet.
Cheers!
-Icer
Reply
Old Jun 14, 2021 | 04:00 PM
  #2  
travlee's Avatar
travlee
Master
Premier Member
10 Year Member
Liked
Loved
Community Favorite
iTrader: (8)
 
Joined: Jul 2011
Posts: 49,725
Likes: 9,296
From: Texas
Default

Everything is going up. Carmax offered me 3k more than I paid for the vette a year and half ago with me doubling the mileage
Reply
Old Jun 15, 2021 | 04:25 AM
  #3  
zwei_the_c's Avatar
zwei_the_c
Regular
Premier Member
5 Year Member
Liked
Loved
Community Favorite
 
Joined: Apr 2017
Posts: 467
Likes: 155
From: Ontario, CA
Default

I saw an article stating in the US that the used car market has inflated by nearly 25% on average. I'm not sure if it's strictly for 350Z. Have you seen the prices on the MX-5 nowadays? Insane.
Reply
Old Jun 15, 2021 | 09:06 AM
  #4  
iideadeyeii's Avatar
iideadeyeii
New Member
10 Year Member
Community Favorite
iTrader: (6)
 
Joined: Nov 2011
Posts: 4,026
Likes: 477
From: Lawtown
Default

Every used car has gone up in value. I remember buying 300zx's and geo metro's for $300-400 (running/driving/inspect-able with little work) Can't get anything for that anymore.
Reply
Old Jun 15, 2021 | 01:33 PM
  #5  
MicVelo's Avatar
MicVelo
350Z/370Z Tech Moderator
MY350Z.COM
Premier Member
10 Year Member
Liked
 
Joined: Oct 2014
Posts: 10,315
Likes: 3,378
From: Northern California
Default

Not just Z cars. In addition to all the cars going up, parts as well. Take for example, wheels. I used to buy/sell Volks, Rays, Nismo Rays, etc at a rate of around 6-8 sets a year. Now, same wheels are ridiculously priced because there's very few out there. I put the blame on pandemic causing people to hold on to their stuff (for one reason or another). Haven't swapped, let alone bought any tires/wheels in a couple of years because of the ridiculous prices. Just saw a set of Sport Z34 wheels asking $3400. Hahahahahahaha..... not. Paid $800 for those just a couple years ago. Glad I had my wheel whoring fun already.

On that note, shopping for project Z cars (S30 variants).... psh, even cars needing full body/paint/mechanicals are $5k. Yeah, no, I'll stick to my other hobbies for a while...



Reply
Old Jun 16, 2021 | 08:47 AM
  #6  
ARRRT's Avatar
ARRRT
New Member
10 Year Member
Liked
Loved
Community Favorite
 
Joined: Nov 2013
Posts: 206
Likes: 47
From: Ukraine
Default

Here in Ukraine I see many people hunting for 350z often with no luck - these cars suddenly became hard to find in good condition…
Reply
Old Jun 16, 2021 | 09:16 AM
  #7  
jhc's Avatar
jhc
General & Tech Moderator
MY350Z.COM
Premier Member
 
Joined: Jan 2013
Posts: 10,400
Likes: 2,226
From: ZdayZ
Default

I've got enough $$$$ in my 06ZR to make a down payment on a house. I'll never get it out, so never selling.
Reply
Old Jun 20, 2021 | 06:08 AM
  #8  
g0lfball3R's Avatar
g0lfball3R
New Member
 
Joined: Oct 2019
Posts: 51
Likes: 7
From: San Jose CA
Default

Common misconception, adding overpriced aftermarket parts(especially “jdm” attached) does nothing to add value. The used car market spike typically reflects the demand for the cars. Of course high mechanical wear always from miles ****s us on resale. If you never drive it, the value will be higher.
Reply
Old Jun 20, 2021 | 06:11 PM
  #9  
DarkZ03's Avatar
DarkZ03
New Member
15 Year Member
Liked
Loved
Community Favorite
iTrader: (11)
 
Joined: Jun 2007
Posts: 2,814
Likes: 549
From: Des Plaines
Default

Nobody modifies a car in hopes of making money off of it lol, if they do they are stupid, it's a hobby that's it.
Reply
Old Jun 20, 2021 | 06:47 PM
  #10  
g0lfball3R's Avatar
g0lfball3R
New Member
 
Joined: Oct 2019
Posts: 51
Likes: 7
From: San Jose CA
Default

Originally Posted by DarkZ03
Nobody modifies a car in hopes of making money off of it lol, if they do they are stupid, it's a hobby that's it.
you’d be surprised, tons of undereducated kids throw expensive parts on not always clear what they do it for lol.
Reply
Old Jun 20, 2021 | 10:15 PM
  #11  
DarkZ03's Avatar
DarkZ03
New Member
15 Year Member
Liked
Loved
Community Favorite
iTrader: (11)
 
Joined: Jun 2007
Posts: 2,814
Likes: 549
From: Des Plaines
Default

Sometimes they are nicer, I have $5k Recaro seats and have yet to sit in them and think to myself "you know what, you shouldn't have bought these things" but I can see the point you are trying to make.
Reply
Old Jun 21, 2021 | 10:41 AM
  #12  
Alabama350z's Avatar
Alabama350z
New Member
 
Joined: Dec 2020
Posts: 75
Likes: 12
From: Alabama
Default

You hear people all the time saying stuff like I know where a 2005 350z with 65,000 miles great shape unmodified everything stock never involved in racing etc for $6000. In Alabama and Florida these type deals do not exist. That car I listed in the Florida panhandle Destin area is a $10,000 or more car. A 2004 touring model completely stock, everything factory, new Michelins, 54,000 miles sold for $13,200 super nice car. Car was based out of Fort Walton Beach sold by an individual. Any car under 100,000 and in good shape never raced is at least a 9,000 car right now. Sure you can find a rough car some kid has beat on with 180,000 for 6K but it is a pile of crap. When looking at these cars look under the hood, in the fender wells, and the plastic shields under the car on the sides if it still has all the clips it is good to go if it missing several there is an issue. Kids love taking these cars apart and never putting them back together. If a kid removes anything in the interior those parts are gone forever.
Reply
Old Jun 21, 2021 | 11:00 AM
  #13  
DarkZ03's Avatar
DarkZ03
New Member
15 Year Member
Liked
Loved
Community Favorite
iTrader: (11)
 
Joined: Jun 2007
Posts: 2,814
Likes: 549
From: Des Plaines
Default

My coworker use to say he's seen many "low" mileage cars in decent condition for under $5k. I told him he was high and it's either a scam or there is more to the story. They currently have 03s and 04s posted here for $13k+ at dealers.
Reply
Old Jun 21, 2021 | 11:50 AM
  #14  
Alabama350z's Avatar
Alabama350z
New Member
 
Joined: Dec 2020
Posts: 75
Likes: 12
From: Alabama
Default

Originally Posted by DarkZ03
My coworker use to say he's seen many "low" mileage cars in decent condition for under $5k. I told him he was high and it's either a scam or there is more to the story. They currently have 03s and 04s posted here for $13k+ at dealers.
These guys always know about these great deals but never produce. Automatic cars are worth as much as 6 speeds now days because so many woman love them.
Reply
Old Jun 21, 2021 | 04:38 PM
  #15  
terrasmak's Avatar
terrasmak
Super Moderator
MY350Z.COM
Premier Member
15 Year Member
Liked
Loved
Community Favorite
iTrader: (8)
 
Joined: Jan 2007
Posts: 29,122
Likes: 2,400
From: Sin City
Default

Guess I should offload mine soon
Reply
Old Jun 21, 2021 | 05:18 PM
  #16  
Alabama350z's Avatar
Alabama350z
New Member
 
Joined: Dec 2020
Posts: 75
Likes: 12
From: Alabama
Default

Originally Posted by terrasmak
Guess I should offload mine soon
what is it?
Reply
Old Jun 22, 2021 | 04:11 PM
  #17  
Heel Til I Die's Avatar
Heel Til I Die
New Member
10 Year Member
Liked
Loved
Community Favorite
iTrader: (2)
 
Joined: Apr 2013
Posts: 3,847
Likes: 1,305
From: Raleigh, NC
Default

Whenever I think I have too many vehicles and I should sell mine, I decrease the value by driving it.

Then I no longer want to sell it.
Reply
Old Jun 22, 2021 | 04:25 PM
  #18  
travlee's Avatar
travlee
Master
Premier Member
10 Year Member
Liked
Loved
Community Favorite
iTrader: (8)
 
Joined: Jul 2011
Posts: 49,725
Likes: 9,296
From: Texas
Default

I see alot of m7 vettes on corvetteforum.com that are selling for almost their msrp at 3 years old sub 20k miles
Reply
Old Jun 22, 2021 | 06:11 PM
  #19  
jhc's Avatar
jhc
General & Tech Moderator
MY350Z.COM
Premier Member
 
Joined: Jan 2013
Posts: 10,400
Likes: 2,226
From: ZdayZ
Default

Asking prices on Z8s are holding well.
Reply
Old Jun 23, 2021 | 06:10 AM
  #20  
iideadeyeii's Avatar
iideadeyeii
New Member
10 Year Member
Community Favorite
iTrader: (6)
 
Joined: Nov 2011
Posts: 4,026
Likes: 477
From: Lawtown
Default

Originally Posted by travlee
I see alot of m7 vettes on corvetteforum.com that are selling for almost their msrp at 3 years old sub 20k miles
Any desire for 05 convertibles white on red with under 5k miles on there?. . .mistakes were made . .. also it's an auto
Reply



All times are GMT -8. The time now is 09:22 AM.