Looking for Advise - Selling Car
 

Me and the wife have decided to sell the Z. Had it exactly 8 years and feel it's best just to sell and use the money to add to the principle on our house. Our goal in the beginning of the year was to pay off the house by the end of the year and selling the Z would make this happen sooner. Anyways, looking for advise if the offers I received today from Carmax and another online buyer are reasonable. Carmax offered $15,000 and the online buyer offered $15,500. Pretty close considering they assessed the vehicle separately.

My vehicle is a PW 2010 Auto with Sport Package with 14.690 miles. The options I added at purchase was the illuminated kick plates and rear spoiler.
Always garaged, never smoked/eaten in, and no issues with the exterior or interior. Here's additional info and things I added over the years:

• New Continental Extreme Contact DW tires replaced at 13,356
• AAM Competition S-LINE Axleback Exhaust w/ S-Line Midpipe (Titanium Tips)
• Stillen Dual Hi-Flow Intake with Stillen GroundIing Kit (Red)
• Redline Battery replaced 6-months ago
• ZSpeed 370Z V2 Aluminum under Shroud Engine Splash Shield
• WeatherTech Front floor Liner
• PPF Clear Bra on Full Hood, Fenders, MIrrors, Bumper and Splash
• Trunk Tonneua Cover
• Satin 370Z Hood and Read Deck Emblem
• GT-R Start Button.

I don't expect to recoup the cost put into a vehicle, but it does help with the appeal when selling especially new tires and battery. What do you think of the offers?

Not sure what to say, I almost traded my Z due to personal reasons, I have a touring/ Sports package manual with a set of snow tires and rims that I switch each Winter/ Summer now close to 40k and the dealer wanted to give me 13K, nothing wrong with the car no carfax, only mod is the CAI and the rear fog light His reasoning wsa that in the Winter nobody wants a rear wheel drive car...so at 15K for a 3 yo older car than mine, I'd say it's better but try selling it on your own, good luck :driving:

our cars sure depreciate a lot :mad:

actually, most vehicles do automakers keep building new models even Kia and Hyundai have sports models that ppl flock to get them because they are cheaper unfortunately for them the depreciation is almost 50% right out of the dealer's parking lot. I'm just happy I didn't sell/ trade mine, no matter where I am there is at least one person who gives me positive comments about my baby :driving:

Compared to what? Typically, Japanese cars tend to hold their value better than American/Korean cars.

Depreciation will hit hard if you purchase new and not as much, if any, on pre-owned.

OP, I would check with nada to see what your vehicle would go for and take the average between what you were offered and the nada value.

More often than not, you should receive more selling privately than selling to a dealership, esp carmax, though selling privately may take more time selling. Keep in mind that any mods will lower the value.

Regarding the options, I thought the sports package already came with the rear spoiler?

+1,000,000

Only if you sell it privately, take a look at what the dealers use, KBB, Edmunds etc. as trades you get raped :driving:

Yes, dealership will always try to low-ball you, but, even kbb, nada, etc. will generally call for higher figures on, for example, a Honda Civic vs. a Ford Focus (same year/options/mileage/condition/etc.), thus yielding to a higher payout/trade value.

I would price your car out on KBB, only because I use it for tracking the value...
If you wanted to get an idea, you could go to carmax, vs. a dealership and see what offer that they make.
It will at least give you an idea....
What it comes down to, is what you are willing to accept for your Z...
good luck

For a Japanese sports car the Nissan 370Z overall is a wanted vehicle in the car market and people like the 370Z model as Nissan really can’t make them fast enough for there demand from customers. For the first five years and beyond of ownership overall the 2009-2018 into 2019 Nissan 370Z has excellent resale value and are reliable/dependable vehicles to own. Comparing to the Korean made 2014 Hyundai Azrea 3.3L V6 I use to own the 2017 Nissan 370Z I have is worlds better. The 2014 Hyundai Azrea I had lost a lot of it’s value with in the first two years of ownership and was the most unreliable/undependable vehicle I ever owned. All Japanese vehicles have better resale value and overall value than American and Korean vehicles sad but true. Be selective of what vehicle you decide to purchase. Take the time to do your research and shopping when purchasing any vehicle.

Mileage is a very important thing that is looked at & yours is very low,,,look at Autotrader.com
Car max would resell & try to get high teens for it,,,the bank see’s it as 9yrs. Old,so not sure how long they would do a note on it (36-48mos.) sounds like you could get 16,900-17,500 selling outright...just depends on how quickly you wanting to sell.
GLWS, as sounds like a great car to get!

Nissan can't make them fast enough?

What is fast enough?

I would sit right at 17k...and if you aren't in a huge hurry to sell I would stay there until I got it. That mileage is nice and low. I wonder what is the age average on 370z owners? I've noticed some seem much older which could make a potential harder sell. Older buyers usually are more knowledgeable buyers and have more patience and resources. Main question is what are you comfortable at accepting?

I agree, 17k$ unless you need to blow it out for fast cash.

It's the depreciation that will hurt him. The forum has recieved 20 or so new members in just the last week or so...plus old owners are rebuying newer models again. With his being a 10 someone could essentially get a newer model for 17....it just makes it a difficult gauge. Hold at 17 man and if it you get an offer of 16.7 and you're comfortable then jump on it. I think the Z is in an odd place right now. Losing some of the exclusivity and becoming reasonable in price to where almost anyone can own one. Good and bad...but either way man glwts!!!

I think this particular car will be a harder sell, esp @ $17k, simply due to it being an auto tranny.

@zingston: brah, who is that chick in your avatar? :eek:

I think the year will hurt him the most. For even 15k someone can get one a few years newer. I don't know, guess we shall see. I wonder what the ratio of auto to manual is honestly now that you mention it lol

All the chicks I avatar feature are Columbian hotties. Sorry, I can't help myself... they're just so bloody gorgeous!

True, but at the same time, somewhere out there is a kid that just got outta college that a bank/finance company is willing to take a chance and will loan them just enough for an older model Z.

I recently went from an auto Z to a manual Z and manuals are hard to find, esp in good shape.

Names???? Lol

A/T's are quicker 1st-4th gears....nearly 5:1 first gear!

Lol sweet, they can beat me to the next red light.

And manuals are a security feature since it seems like kids (I’m a millennial) these days don’t know how to drive a manual.

Depending on who’s A/T it is & who’s driving,,,you’d only see taillights from 0-whatever.

True man...someone out there will hop on it. I think that mileage is an awesome selling point. He's pretty darn low lol. That's odd..around here (St Louis area) they seem about even. I think the manuals have more miles and the autos generally look better as in condition. I agree finding a clean manual is a bit trickier.

Being a recent buyer, I have a fresh perspective. (as one of the "older" purchasers, as mentioned) :)

Although I specifically wanted a convertible, the second thing I searched was mileage.
The year was less critical because of the notorious long run of the 370Z.

It was after I purchased that further due diligence revealed that 2012 and later had the tangible advantage of an oil cooler.

However, I'd still buy a 2010 with extreme low mileage over a newer model with substantially more. Adding an oil cooler is far easier than rolling back 50 thousand miles.

My motto is a car doesn't last a certain number of years. Instead, it last a certain number of miles.

17K is not a reach.

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Thanks all.....I appreciate all the advise and feedback. I settled for $15.5K for the car. The offers ranged between $14.9K to $15.5K. Pretty consistent for receiving multiple offers. It's a beautifully owned low mileage car but it's still an 8-year old car. Plus as some have mentioned, being an AT would push away certain buyers looking for a Z. With many newer models and a better selection of other brands and options I figured it's best to let go and move on.

Like I mentioned in original post, looking to pay off the house so by putting the $15.5K against my house principle saves me $600 on interest and then add on my state inspection/registration due this month plus oil change saves an additional $200. So adding those costs together I'm happy with the sale.

I wish all well and thanks for a wonderful site and to those who make this site a great place. That's one sweet aZZ !!

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He's got extremely low miles. It's funny man my dad always said the same thing about mileage. They usually bought new cars but when he got an older ride he put heavy emphasis on the miles on the odometer.

Congrats on the sale man!! Someone got an awesome deal!!! Take care brother