Anyone in Canada thinking of selling their Z?

Boomer370 · 03-11-2014, 03:08 PM

Quote:

Originally Posted by z9015

Do you happen to know what the best method of selling a car is? I tried everything from craigslist to autotrader to Kijiji and no luck. I just financed it 2 months ago and now having buyer's remorse... Don't get me wrong, the car is awesome and crosses off my checklist in terms of what I am looking for in a car EXCEPT payments. I am thinking I need to go for a car that's more in the 20s for now as I just recently graduated and started working full-time.

Any pieces of advise would be appreciated.

Thank you,

You mentioned payments.

Leased or Financed?

z9015 · 03-11-2014, 03:20 PM

Quote:

Originally Posted by Boomer370

You mentioned payments.

Leased or Financed?

financed

Luciano13 · 03-11-2014, 04:06 PM

That may difficult to sell until u bang off a year of payments

Have u tried listing it as simply "take over the payments"???

LMBmikeZ · 03-11-2014, 06:26 PM

Quote:

Originally Posted by z9015

financed

to bad you didn't realize this before the 30 days was up, you could have returned it if it was in the first 30 days.

you could always look into trading the Z in at a dealership for something more suitable

6MT · 03-11-2014, 11:57 AM

Well, take it from me, this car will be hard to sell. You'll have to drop your price considerably. I had to. And wait. Summer is coming, so you might gain some interest there. Kijiji and autotrader are ok. And on here.

Good luck.

Radride · 03-11-2014, 12:19 PM

As a buyer and seller of cars, here is my opinion.

Cars that cost over 30K are a problem to sell because:

1. Getting a loan on the used car from the bank usually costs more than a new car due to the interest rates. Most people will pay the same monthly on a used car vs a new car straight from the dealer with no KM's on it.

2. Most buyers for that kind of money would like to buy from a dealer, even though its costs more, because they feel more secure if something goes sideways on the car and it turns into a lemon. Plus they get better rates for financing.

3. Guys that have 30k cash sitting around would rather buy a brand new car such as a GTR or any other high end car by putting that 30k down to lower the payment.

So in short, unless someone has the cash or line of credit ready to go, the cars in this price range are hard to move.

R.K.

6MT · 03-11-2014, 02:20 PM

Quote:

Originally Posted by Radride

As a buyer and seller of cars, here is my opinion.

Cars that cost over 30K are a problem to sell because:

1. Getting a loan on the used car from the bank usually costs more than a new car due to the interest rates. Most people will pay the same monthly on a used car vs a new car straight from the dealer with no KM's on it.

2. Most buyers for that kind of money would like to buy from a dealer, even though its costs more, because they feel more secure if something goes sideways on the car and it turns into a lemon. Plus they get better rates for financing.

3. Guys that have 30k cash sitting around would rather buy a brand new car such as a GTR or any other high end car by putting that 30k down to lower the payment.

So in short, unless someone has the cash or line of credit ready to go, the cars in this price range are hard to move.

R.K.

No, there is a market for these cars used. Lots of them get sold. I know of 3 locally. Lots of kids who don't have that kind of money to buy new, are looking to the used market.

Radride · 03-11-2014, 02:43 PM

Quote:

Originally Posted by 6MT

No, there is a market for these cars used. Lots of them get sold. I know of 3 locally. Lots of kids who don't have that kind of money to buy new, are looking to the used market.

I was just using 30k as general statement. Everything eventually sells. You just have to be patient.

R.K.

Radride · 04-18-2014, 08:49 AM

So here's an update:

I finally picked up the car. The car is a 2010 40th Anniversary car, one owner, fully loaded including Nav with on 24000km on it. Build number is 12. I got it for a great price.

Now the moding begins. I have Swift springs ready to install. I have rear camber arms coming next week. Mid may, my custom wheels will be in town and ready to be installed. After that, clutch and flywheel to handle Sasha's single turbo kit. That's all I'm going to be doing to this car. 500-550rwhp will be more than enough (for now LOL).

R.K.

LMBmikeZ · 04-19-2014, 08:10 AM

SWEEEET! CongratZ!

I also like your list for mods to come

zefaulter · 04-19-2014, 09:08 AM

Congrats! Yea those are some crazy stuff :tup;

03-11-2014, 04:06 PM	#3 (permalink)
Luciano13 A True Z Fanatic Join Date: Mar 2013 Location: Canada Posts: 2,130 Drives: 2016 Solid Redz Rep Power: 247	That may difficult to sell until u bang off a year of payments Have u tried listing it as simply "take over the payments"??? __________________ http://www.the370z.com/members-370z-...lid-red-z.html

03-11-2014, 11:57 AM	#5 (permalink)
6MT A True Z Fanatic Join Date: May 2009 Location: ITU Zone 2 Posts: 22,459 Drives: Reliant Robin Rep Power: 1792	Well, take it from me, this car will be hard to sell. You'll have to drop your price considerably. I had to. And wait. Summer is coming, so you might gain some interest there. Kijiji and autotrader are ok. And on here. Good luck. __________________ Andrew 2009 370Z Sport/Touring 6MT sold 2013 Honda Civic Si coupe D/D

04-18-2014, 08:49 AM	#9 (permalink)
Radride Base Member Join Date: Feb 2014 Location: Canada Posts: 162 Drives: Ram Rep Power: 13	So here's an update: I finally picked up the car. The car is a 2010 40th Anniversary car, one owner, fully loaded including Nav with on 24000km on it. Build number is 12. I got it for a great price. Now the moding begins. I have Swift springs ready to install. I have rear camber arms coming next week. Mid may, my custom wheels will be in town and ready to be installed. After that, clutch and flywheel to handle Sasha's single turbo kit. That's all I'm going to be doing to this car. 500-550rwhp will be more than enough (for now LOL). R.K. LMBmikeZ and zefaulter like this.

04-19-2014, 08:10 AM	#10 (permalink)
LMBmikeZ A True Z Fanatic Join Date: May 2010 Location: Ontario, Canada Posts: 12,237 Drives: 40th Rep Power: 10351	SWEEEET! CongratZ! I also like your list for mods to come __________________ CUSTOM NISMO \| BERK \| H&R \| STANCE \| SPL everything \| EVO-R \| 34 Setrab \| WHITELINE \| Redline \| Carkitcompany \| Zspeed \| UpRev \| SEIBON

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03-11-2014, 12:19 PM	#6 (permalink)
Radride Base Member Join Date: Feb 2014 Location: Canada Posts: 162 Drives: Ram Rep Power: 13	As a buyer and seller of cars, here is my opinion. Cars that cost over 30K are a problem to sell because: 1. Getting a loan on the used car from the bank usually costs more than a new car due to the interest rates. Most people will pay the same monthly on a used car vs a new car straight from the dealer with no KM's on it. 2. Most buyers for that kind of money would like to buy from a dealer, even though its costs more, because they feel more secure if something goes sideways on the car and it turns into a lemon. Plus they get better rates for financing. 3. Guys that have 30k cash sitting around would rather buy a brand new car such as a GTR or any other high end car by putting that 30k down to lower the payment. So in short, unless someone has the cash or line of credit ready to go, the cars in this price range are hard to move. R.K.

04-19-2014, 09:08 AM	#11 (permalink)
zefaulter A True Z Fanatic Join Date: Jan 2013 Location: Toronto, Canada Posts: 1,983 Drives: 40th 370Z Rep Power: 29	Congrats! Yea those are some crazy stuff :tup;