Notices
2009+ 370Z General discussion and news for the Z34 (2009+) Nissan 370z with the new 3.7-liter V6

Pricing on a used 370Z

Thread Tools
 
Search this Thread
 
Old Mar 14, 2010 | 07:33 PM
  #1  
MannySRT8's Avatar
MannySRT8
Thread Starter
Registered User
iTrader: (5)
 
Joined: Mar 2010
Posts: 271
Likes: 0
From: Vancouver,BC
Default Pricing on a used 370Z

Went on autotrader and did a search for the 370z..and there is some bare bone cars starting at 25K...with about 10K miles..fairly cheap considering some people are asking that if not more for their 350's.

Makes no sense.
Reply
Old Mar 14, 2010 | 08:34 PM
  #2  
scotts300's Avatar
scotts300
350Z-holic
Premier Member
iTrader: (46)
 
Joined: Aug 2003
Posts: 8,193
Likes: 7
From: Away
Default

$25k seems fair since since they start off at $29.9k. Edmunds TMV for the base M/T is $25.9k and private party $24.1k.
Reply
Old Mar 14, 2010 | 08:53 PM
  #3  
KingBaby's Avatar
KingBaby
Hardest Setting
Premier Member
iTrader: (3)
 
Joined: Feb 2008
Posts: 13,406
Likes: 130
From: MexiCali dodging potholes
Default

already...
Reply
Old Mar 14, 2010 | 08:56 PM
  #4  
davidv's Avatar
davidv
Registered User
iTrader: (2)
 
Joined: Jun 2004
Posts: 42,753
Likes: 11
From: Tucson, AZ
Default

Yes that is cheap. Better get yourself one.
Reply
Old Mar 14, 2010 | 08:59 PM
  #5  
MannySRT8's Avatar
MannySRT8
Thread Starter
Registered User
iTrader: (5)
 
Joined: Mar 2010
Posts: 271
Likes: 0
From: Vancouver,BC
Default

Originally Posted by davidv
Yes that is cheap. Better get yourself one.
Still debating on which route to take.
Reply
Old Mar 14, 2010 | 09:01 PM
  #6  
davidv's Avatar
davidv
Registered User
iTrader: (2)
 
Joined: Jun 2004
Posts: 42,753
Likes: 11
From: Tucson, AZ
Default

Figure the 2009 Base lists for $25,852. Sells for $23,267 new.
Reply
Old Mar 14, 2010 | 09:04 PM
  #7  
MannySRT8's Avatar
MannySRT8
Thread Starter
Registered User
iTrader: (5)
 
Joined: Mar 2010
Posts: 271
Likes: 0
From: Vancouver,BC
Default

Originally Posted by scotts300
$25k seems fair since since they start off at $29.9k. Edmunds TMV for the base M/T is $25.9k and private party $24.1k.

thats insane where I live a demo is selling for 43K
Reply
Old Mar 14, 2010 | 09:04 PM
  #8  
MannySRT8's Avatar
MannySRT8
Thread Starter
Registered User
iTrader: (5)
 
Joined: Mar 2010
Posts: 271
Likes: 0
From: Vancouver,BC
Default

Originally Posted by davidv
Figure the 2009 Base lists for $25,852. Sells for $23,267 new.

wow
Reply
Old Mar 14, 2010 | 09:07 PM
  #9  
Zultimate's Avatar
Zultimate
Registered User
 
Joined: Jul 2008
Posts: 90
Likes: 0
From: O'fallon IL
Default

Originally Posted by MannySRT8
Went on autotrader and did a search for the 370z..and there is some bare bone cars starting at 25K...with about 10K miles..fairly cheap considering some people are asking that if not more for their 350's.

Makes no sense.
Doesn't sound too far off since i only paid $36k for my brand new 09 loaded touring model w/sport wheels. And just because those people are ASKING more for 350s doesn't mean they'll get anywhere near that.
Reply
Old Mar 14, 2010 | 09:31 PM
  #10  
MannySRT8's Avatar
MannySRT8
Thread Starter
Registered User
iTrader: (5)
 
Joined: Mar 2010
Posts: 271
Likes: 0
From: Vancouver,BC
Default

Originally Posted by Zultimate
Doesn't sound too far off since i only paid $36k for my brand new 09 loaded touring model w/sport wheels. And just because those people are ASKING more for 350s doesn't mean they'll get anywhere near that.
Your point is so true...even some nicely modified ones...cant justify still better off getting a new model.
Reply
Old Mar 15, 2010 | 05:08 AM
  #11  
Red370's Avatar
Red370
Registered User
 
Joined: Feb 2010
Posts: 71
Likes: 0
From: TX
Default

Originally Posted by davidv
Figure the 2009 Base lists for $25,852. Sells for $23,267 new.
Actually invoice for an 09' base is 28,050. If you can get ahold of one for 25-26 with 10k miles, that would be a steal, the resale on these cars is going to be high so thats actually a good deal.
Reply
Old Mar 15, 2010 | 06:53 AM
  #12  
scotts300's Avatar
scotts300
350Z-holic
Premier Member
iTrader: (46)
 
Joined: Aug 2003
Posts: 8,193
Likes: 7
From: Away
Default

Originally Posted by Red370
Actually invoice for an 09' base is 28,050. If you can get ahold of one for 25-26 with 10k miles, that would be a steal, the resale on these cars is going to be high so thats actually a good deal.
Why, and who says so? I'm not doubting it, just curious. I figured maybe because it was a first year of a new body style, but I'm not seeing that trend in the previous models unless you date all the way back to the 240Z.

I don't see any 09s still on the lot, though invoice for the 2010 only went up slightly to $28,099. If an 09 still exists on the lot and I was the buyer, I'd try to negotiate into the $500-700 holdback on it, though buying a used one with a few miles is a much better deal in my opinion.
Reply
Old Mar 15, 2010 | 08:11 AM
  #13  
Red370's Avatar
Red370
Registered User
 
Joined: Feb 2010
Posts: 71
Likes: 0
From: TX
Default

Originally Posted by scotts300
Why, and who says so? I'm not doubting it, just curious. I figured maybe because it was a first year of a new body style, but I'm not seeing that trend in the previous models unless you date all the way back to the 240Z.

I don't see any 09s still on the lot, though invoice for the 2010 only went up slightly to $28,099. If an 09 still exists on the lot and I was the buyer, I'd try to negotiate into the $500-700 holdback on it, though buying a used one with a few miles is a much better deal in my opinion.
Nissan is producing less than half the numbers of the 350 per year. So far the sales numbers of the 370Z have been extremely low and are declining month to month. The availability isnt as plentiful as the 350 was, which would lead one to believe that resale will be rather high. I went to the stealership last week, they had a repossessed MB 370 w/ sport package selling for 30k, if thats any indication of how well they'll hold up.
Reply
Old Mar 15, 2010 | 09:09 AM
  #14  
lgear080's Avatar
lgear080
Registered User
iTrader: (21)
 
Joined: Jan 2008
Posts: 6,541
Likes: 1
From: MIAMI
Default

hahahahaha. multiple nismo 370z's w low miles (sub 10k) are selling at >$30k.
you should be able to cop a base 370z w similar miles for >$25k (unless you
don't know how to negotiate - i.e. telling a dealership to **** off and walk out).

















oh wait. you live in canada. you may have to travel to the states to get
what you want and deal with vat on the way back in. heard that's pricey.... ))
Reply
Old Mar 15, 2010 | 09:46 AM
  #15  
scotts300's Avatar
scotts300
350Z-holic
Premier Member
iTrader: (46)
 
Joined: Aug 2003
Posts: 8,193
Likes: 7
From: Away
Default

Originally Posted by Red370
Nissan is producing less than half the numbers of the 350 per year. So far the sales numbers of the 370Z have been extremely low and are declining month to month. The availability isnt as plentiful as the 350 was, which would lead one to believe that resale will be rather high. I went to the stealership last week, they had a repossessed MB 370 w/ sport package selling for 30k, if thats any indication of how well they'll hold up.
Sadly, I don't see that happening nor is one data point an indication. Even special anniversary editions are almost completely depreciated. The first and last year 300ZX TT sell for 1/4 of what they cost new in 1990 and 1996 (1990 was the most production, 1996 was the least production). The 40th anniversary 370Z will depreciate the most, as do most limited-run or special edition vehicles.

At this point, it's all speculation. I understand the laws of supply-and-demand, but I expect them to depreciate at a standard 7-12% per year, making that used 09' with Sport Package worth about $27k-28k given a 1.5 year depreciation. $30k asking price makes sense, and there's likely $2k of margin in there. My buddy paid just over $30k for his base with Sport Package new one year ago this month ($2k off of sticker).

Originally Posted by lgear080
hahahahaha. multiple nismo 370z's w low miles (sub 10k) are selling at >$30k.
you should be able to cop a base 370z w similar miles for >$25k (unless you
don't know how to negotiate - i.e. telling a dealership to **** off and walk out).
Unless I am misunderstanding what you are trying to say, I think you've mixed up your less than, <, and greater than, >, signs.
I agree, however, that you need to be prepared and plan on making an offer and walking out.

Last edited by scotts300; Mar 15, 2010 at 09:47 AM.
Reply
Old Mar 15, 2010 | 10:02 AM
  #16  
MannySRT8's Avatar
MannySRT8
Thread Starter
Registered User
iTrader: (5)
 
Joined: Mar 2010
Posts: 271
Likes: 0
From: Vancouver,BC
Default

Originally Posted by lgear080
hahahahaha. multiple nismo 370z's w low miles (sub 10k) are selling at >$30k.
you should be able to cop a base 370z w similar miles for >$25k (unless you
don't know how to negotiate - i.e. telling a dealership to **** off and walk out).

oh wait. you live in canada. you may have to travel to the states to get
what you want and deal with vat on the way back in. heard that's pricey.... ))


Whats vat?

If you mean the border ..then yes I am aware of the duty 6.1% and our taxes which I would be paying anyways on a car if I buy from a stealership.

the duty on 25K is really only 1525 ...still way ahead then a dealer...my .02
Reply
Old Mar 15, 2010 | 11:05 AM
  #17  
Mike@Blackline's Avatar
Mike@Blackline
Banned
iTrader: (37)
 
Joined: Jul 2008
Posts: 3,525
Likes: 0
From: Charlotte / Raleigh, NC
Default

24.9k
http://www.autotrader.com/fyc/vdp.js...e&rdpage=thumb
Reply
Old Mar 15, 2010 | 11:16 AM
  #18  
scotts300's Avatar
scotts300
350Z-holic
Premier Member
iTrader: (46)
 
Joined: Aug 2003
Posts: 8,193
Likes: 7
From: Away
Default

Originally Posted by Mike@Blackline
And 25 more under $28k here (and two more at $25k): http://www.cars.com/for-sale/searchr...ice&sf1Dir=ASC
Reply
Old Mar 15, 2010 | 12:25 PM
  #19  
lgear080's Avatar
lgear080
Registered User
iTrader: (21)
 
Joined: Jan 2008
Posts: 6,541
Likes: 1
From: MIAMI
Default

^ Scots... been on like 15 conference calls today - you got me! heh.

< it is!
Reply
Old Mar 15, 2010 | 01:27 PM
  #20  
scotts300's Avatar
scotts300
350Z-holic
Premier Member
iTrader: (46)
 
Joined: Aug 2003
Posts: 8,193
Likes: 7
From: Away
Default

Originally Posted by lgear080
^ Scots... been on like 15 conference calls today - you got me! heh.

< it is!
I just got off of one!
Reply



All times are GMT -8. The time now is 03:03 AM.