Not a Priority?

MacCool

Not anymore. The residual value today on a 2017 Z is $15,600.

ssmoked

Right. On a very base 29,900 car.

But hopefully you are able to negotiate at least 25% off during purchase (22,425 after 25% discount). Which nets to adjusted 69% residual after 3 years. Not bad at all considering either discontinue or complete TT engine overhaul next year or so

ssmoked

Before anyone say you can't get that type of deal...

https://www.cars.com/for-sale/search...28880&zc=32765

SINISTER

Residual value should be the value expected to sell. No way residual value is 15,600 not even a 2016 is that low......find me a 2017 for that low a price anywhere.

I just did a nationwide search for 2016 model and 2017 model and the lowest price one in the nation is 20k and 2017 is 23k and they are base models... That's a long way off from 15600....

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MacCool

Here's lease pricing from Nissan Acceptance Corporation on a 2017 Sport Tech. I did mis-speak and I apologize. I misrepresentedt the residual value by $350. Note that Nissan's guess at residual value in three years is $15,945.

Attached Images

2017Z.jpg (108.3 KB, 25 views)

mattleegee

Sign me up, i have cash in hand @ $15,600

Xhilr8n!

A $100,000 dollar car is worth maybe $80,000 before it rolls a foot. When we sign the papers and transfer ownership it's a used car. If you can get $65,000 at four years (often the time to sell/trade) that's very good.

When I've bought a $100,000 car I want to write a check for $20,000 down to go ahead and handle the depreciation. Other wise you're immediately upside down.

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2007 350Z, 2010 370Z 40th, 2016 370Z Nismo, should read XZILR8N!

SG4247

I worked for many years (over a decade) as a teir one supplier to Nissan, Subaru and Honda for engine and drivetrain assemblies.

As a result, I know each company, their engineers and management very well.

Bottom line: Nissan does not make money on the 370Z program. Not enough sales volume and margin to invest in new product design and development. I know that there are those at Nissan that have great loyalty to the long heritage of the Z product (like Corvette & Camaro, do at GM).

Problem is the the bean counters put pressure on leadership to make certain margins and payback on capital investments by program. Nissan has hopefully now gotten thier ROI on the product since production began in 2008, but I would be surprised if the bankers would be willing to invest millions in new design and tooling for a new 400Z.

I really love the 370Z product, and even liked my old 280ZX very much.

The 370Z is a great and well balanced performance sports car that is affordable.

Hang on to yours, because in 10 years when there arent any, you will be glad you kept it.

280driver

Well, my point was that the Z should represent more to the brand than simple unit margins. Make good margins on all the high volume models so you can afford less margin on the Z. The Z represents the brands sportiness better than the GTR to many people because it's historically more recognizable and obtainable. If you want better sales, keep the car updated and competive. Spend some on marketing and incourage grass roots racing. I'm very happy with my 280Z but am hoping for a modern equivalent to add to the stable (I love the 370 too). Come on Nissan, don't loose your identity.

SG4247

I agree, and thats exactly what they have been doing. The high volume units support the low volume niche products. Fortunately, they have kept the 370Z and not discontinued it as of late. Problem is the bean counters, they do not understand identity, brand image, heritage or legacy, and they dont care to. Its a constant battle between the marketing team and the banker types - to keep this type of car in production.

At one point in time, Ford was losing money on every car model they built, and was surviving only on the F-150 sales. Then gas went to $5/gal and F-150 sales tanked, and the Focus was their best margin product and they couldnt make enough of them lol..

MacCool

Yeah, that's the point. The Z is still here because it's a heritage product being kept alive because it costs them nothing. The only way they can move it forward is by turning it into something that can provide a return on investment, makes market sense. That means a $30,000 Z34 that's in it's 10th model year, or a $65,000 niche sports car with multi-corporate engineering and multi corporate sales and hybrid tech that will let it compete with the 2019 Supra. And then the problem becomes what company will want to partner with them that can or is willing to compete in that market space? Because Nissan will never go it alone...too big a project and too much at stake. Toyota/BMW's approach is really smart.

JTM88

Why is everybody so worried about the future of Z cars. Most obviously love the 370, and it's not like a new Z will change your 370 at all. Times change, and markets change. Why would Nissan put a lot of money into a car that they only sell 7000 a year. It's a low cost low production car.

zmanelite

On the bright side my car wont look dated and old for a while

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wanker

FWIW, the potential death of the Z is isn't just a Nissan thing. The 2 seated sports car is dying. Even Porsche is struggling. It's a combination of the Great Recession, gas prices and Millennial indifference.

IMHO, the only reason Nissan doesn't just kill the Z, is in deference to the Z heritage. Nissan has always been about light trucks (in Asian) and Sentras. The last time the Z made any money for Nissan was in the 70s.

twyrick

Agree... although gas prices have settled back down again, and the "Great Recession" is pretty much behind us too -- other than some residual fallout of slow job growth since then.

Car dealers were doing a booming business for much of 2016, and only in the last few months has there been an indication that it's slowing a bit (which is only to be expected, once the pent-up surge of buyers, post recession, have made their purchases).

Right now, I think Millennial indifference is putting the most hurt on the sports car segment. Plus, buying habits and trends change with time. Right now, a lot of people who would have been drawn to a sports car in the past are looking at luxury sedans or SUVs or even Jeeps instead. I know several people in their early 30's who I would have pegged as a definite candidate for a nice sports car who bought a Lincoln MKZ instead. Where I work, in downtown Bethesda - it's one of the wealthiest suburbs in America. You see nothing but high end cars on the roads out here. And yet? The 2 seater sports car is fairly uncommon. More people are attracted to a high performance version of an SUV so they can have something fast that they can still take the dog to the vet in, or give several co-workers a ride to and from lunch during the day.