Nissan 370Z Forum

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-   -   Trade-in for a Cayman S. :) (http://www.the370z.com/nissan-370z-general-discussions/28938-trade-cayman-s.html)

ChrisSlicks 12-14-2010 12:03 PM

Quote:

Originally Posted by I want a Z (Post 850591)
if you made $150k you would buy a $250k car. :icon18:

I definitely wouldn't, very bad debt load even if single. About the highest that is financial sound is 50% of your gross income. Obviously you could go higher if you have very little in the way of expenses and are good at saving money. The more you make the more your wife seems to spend so cash in the pocket doesn't directly go up. :) I usually squirrel away my end of year bonus and use part of it to fund the year's track expenses, some mods etc, and use the rest to pay down debt or invest.

kenchan 12-14-2010 12:31 PM

yah, 150k does not buy you much.

christian370z 12-14-2010 12:36 PM

Quote:

Originally Posted by kenchan (Post 850697)
yah, 150k does not buy you much.

Hahaha, that is totally Aveo money.

ImportConvert 12-14-2010 12:47 PM

Quote:

Originally Posted by ChrisSlicks (Post 850648)
I definitely wouldn't, very bad debt load even if single. About the highest that is financial sound is 50% of your gross income. Obviously you could go higher if you have very little in the way of expenses and are good at saving money. The more you make the more your wife seems to spend so cash in the pocket doesn't directly go up. :) I usually squirrel away my end of year bonus and use part of it to fund the year's track expenses, some mods etc, and use the rest to pay down debt or invest.

Supposedly, this is true. However, I rarely see this being the case or being a problem. That would mean everyone who owns a new Z, the minimum income is around 60K gross. I doubt that.

I draw my limit at price of the car within 10% of annual gross income. That's just what I feel comfortable with. Then again, I just rent, and have no bills but utilities and food/gas, etc.

kenchan 12-14-2010 12:55 PM

Quote:

Originally Posted by christian370z (Post 850704)
Hahaha, that is totally Aveo money.

aveo on a lease money. :rofl2:

ChrisSlicks 12-14-2010 01:03 PM

Quote:

Originally Posted by ImportConvert (Post 850727)
Supposedly, this is true. However, I rarely see this being the case or being a problem. That would mean everyone who owns a new Z, the minimum income is around 60K gross. I doubt that.

I draw my limit at price of the car within 10% of annual gross income. That's just what I feel comfortable with. Then again, I just rent, and have no bills but utilities and food/gas, etc.

I said financially sound, however as a country we are not known for taking the best financial advise :p Yes, 50% is a bit generalistic, a single guy can afford much more than a married guy with a mortgage, wife and kids.

ImportConvert 12-14-2010 01:17 PM

Quote:

Originally Posted by ChrisSlicks (Post 850762)
I said financially sound, however as a country we are not known for taking the best financial advise :p Yes, 50% is a bit generalistic, a single guy can afford much more than a married guy with a mortgage, wife and kids.

No doubt! If I had kids/wife/gf/whatever, I wouldn't even be on this forum. I would be puttering around in a 10-year-old Ford Exlpoder or something.

I think financially sound is knowing your budget and living within in. How you allocate your budget is up to you/based on personal priorities. Many people in my position would buy a house. I don't want a house in this state, so I am buying a car because I won't move for a couple more years, anyway, but not long enough for the house to be a smart call. It's all about personal situation.

cab83_750 12-14-2010 08:22 PM

Quote:

Originally Posted by ChrisSlicks (Post 850648)
I definitely wouldn't, very bad debt load even if single. About the highest that is financial sound is 50% of your gross income. Obviously you could go higher if you have very little in the way of expenses and are good at saving money. The more you make the more your wife seems to spend so cash in the pocket doesn't directly go up. :) I usually squirrel away my end of year bonus and use part of it to fund the year's track expenses, some mods etc, and use the rest to pay down debt or invest.

Well,

1. I have one mortgage.
2. No wife
3. 2 kids
4. I do my own home remodeling.
5. No gardener.
6. No pool guy.
7. I service all 7 vehicles.
8. ...... I think I am lean (maybe a tight-w????) :)

CrownR426 12-14-2010 08:29 PM

Nice upgrade, how'd this go?
You should get this in white or black!
I've seen this car in white and man >:]
The owner complimented me on the Z also.
But I know deep down inside he was like RICER!

ChrisSlicks 12-14-2010 08:44 PM

Quote:

Originally Posted by cab83_750 (Post 851190)
Well,

1. I have one mortgage.
2. No wife
3. 2 kids
4. I do my own home remodeling.
5. No gardener.
6. No pool guy.
7. I service all 7 vehicles.
8. ...... I think I am lean (maybe a tight-w????) :)

Sorry for the mis-lead, I didn't say I wouldn't get the Porsche, I meant I wouldn't get the $250K car as mentioned by another poster. And your list sounds like mine except I have 2 mortgages (one as a landlord), a wife and 6 vehicles.

cab83_750 12-14-2010 09:28 PM

Quote:

Originally Posted by ChrisSlicks (Post 851231)
Sorry for the mis-lead, I didn't say I wouldn't get the Porsche, I meant I wouldn't get the $250K car as mentioned by another poster. And your list sounds like mine except I have 2 mortgages (one as a landlord), a wife and 6 vehicles.

Oh no, you did not mislead me; thus, no need for the sorry. :)

ImportConvert 12-15-2010 01:51 AM

Quote:

Originally Posted by ChrisSlicks (Post 851231)
Sorry for the mis-lead, I didn't say I wouldn't get the Porsche, I meant I wouldn't get the $250K car as mentioned by another poster. And your list sounds like mine except I have 2 mortgages (one as a landlord), a wife and 6 vehicles.

If you are paying $250K for a used 997 GT2...

I want a Z 12-15-2010 09:43 AM

Just found this article online: The Year's Worst-Selling Cars - Forbes.com
Cayman is one of the worse selling cars of 2010 - there should be lots of deals, especially as we get late in December.

Dreezy562 12-15-2010 11:36 AM

I said this in the gt vs z thread too

If you want a cayman get the cayman if u want the z get the z if u got the z and now want the cayman get the cayman if u got the caymen and now want a z get a z.....zzzzzzzzz this is such a tired thread. Get what you want.. but cayman sounds like gaymen to me

kenchan 12-15-2010 11:49 AM

:yawn:

theDreamer 12-15-2010 11:50 AM

Quote:

Originally Posted by Dreezy562 (Post 851999)
I said this in the gt vs z thread too

If you want a cayman get the cayman if u want the z get the z if u got the z and now want the cayman get the cayman if u got the caymen and now want a z get a z.....zzzzzzzzz this is such a tired thread. Get what you want.. but cayman sounds like gaymen to me

What happens if I want a Cayman GT Z? :p

kenchan 12-15-2010 11:59 AM

then you need to be making more dinero.

:yawn:

Dreezy562 12-15-2010 12:03 PM

Lmao. Go on a cayman forum and ask them what you should get too.

Alfamale 12-15-2010 12:54 PM

Maintenance and parts are a killer for porkies.

i own a 993 btw.

christian370z 12-15-2010 04:42 PM

I rode in a TPC turbo charged Cayman and that was one of the most amazing cars I have ever experienced; it was amazing how nice the car felt running at those power levels, however I have not rode in a TT370Z yet so I cannot compare.

wishihadnav 12-15-2010 05:27 PM

i'd take a Cayman R in avocado green:yum:

nicknick 12-15-2010 06:29 PM

Quote:

Originally Posted by christian370z (Post 852345)
I rode in a TPC turbo charged Cayman and that was one of the most amazing cars I have ever experienced; it was amazing how nice the car felt running at those power levels, however I have not rode in a TT370Z yet so I cannot compare.

That would be ridden not rode. No problem!

ThoriumHotdog 12-15-2010 07:17 PM

Quote:

Originally Posted by kenchan (Post 850747)
aveo on a lease money. :rofl2:

I don't know where you guys live but theres no way a person could lease or even finance an Aveo for that price range.

christian370z 12-15-2010 07:41 PM

Quote:

Originally Posted by nicknick (Post 852447)
That would be ridden not rode. No problem!

I stand corrected, finals week has obviously taken a toll on me!

jeffreyfranz 12-16-2010 05:12 PM

Life is a series of trade-offs.
 
Quote:

Originally Posted by ChrisSlicks (Post 847938)
They are essentially identical in performance. The advantage the Cayman has is a slightly more compliant suspension which would tend to make it easier to drive, although not necessarily faster.

I have a friend who is planning to make the leap from a C6 Corvette to the Cayman R. That car will be interesting, a good 400 pounds lighter than the Z with the same power. A very nice track toy indeed. Not for me though, I like cars I can work on myself, the Porsche's are a PITA in that regard.

Yes. I drove a Cayman S extensively on back country roads. I would say it had a huge advantage over the Z I now own, but it definitely had a nicer ride, was arguably more nimble/agile, felt more luxurious and gripped like a cheetah. Pretty impressive, but so is the Z.

I got the Z because it does many of those things quite well, some nearly as well, and the Cayman would have been a stretch for me. The Cayman is still a dream car for me because of the whole of its "positives", but it is important to balance all of these factors. Not to do so is a possible set-up for hardship and worry later. My 2 cents. :driving:

papashango 12-16-2010 06:27 PM

Nicer ride, meaning more comfortable? Less noise? I thought the cayman s was very loud w the engine behind you

Endgame 12-16-2010 09:13 PM

Quote:

Originally Posted by jeffreyfranz (Post 853784)
Yes. I drove a Cayman S extensively on back country roads. I would say it had a huge advantage over the Z I now own, but it definitely had a nicer ride, was arguably more nimble/agile, felt more luxurious and gripped like a cheetah. Pretty impressive, but so is the Z.

I got the Z because it does many of those things quite well, some nearly as well, and the Cayman would have been a stretch for me. The Cayman is still a dream car for me because of the whole of its "positives", but it is important to balance all of these factors. Not to do so is a possible set-up for hardship and worry later. My 2 cents. :driving:

This is one reason I went 370. I wanted a cost effective car that could come close to a CS in performance and driving experience. If my old RX8 had 50 more horses and 20 more pound feet of torque, I would have kept it. The Z was the perfect fit for me. Now, I can keep the wife's CX7, the Z, and get that 3 row SUV we need.

ImportConvert 12-16-2010 09:18 PM

Quote:

Originally Posted by Endgame (Post 854187)
This is one reason I went 370. I wanted a cost effective car that could come close to a CS in performance and driving experience. If my old RX8 had 50 more horses and 20 more pound feet of torque, I would have kept it. The Z was the perfect fit for me. Now, I can keep the wife's CX7, the Z, and get that 3 row SUV we need.

The 370Z does so many things that the Cayman does that it's hard not to choose the Z, I would imagine, unless you hate nissan, or love porsche, or are all about a name. I am sure there are many intangibles, but the Z's I drove felt great to me. Of course, this is coming from an old Trans Am with a ton of issues. Still, Porsche needs to up the game with their DI 6-banger in that car. There is a ton of technology in that engine for the power it's producing.

antennahead 12-16-2010 09:31 PM

Quote:

Originally Posted by spearfish25 (Post 847389)
$22.5 is very low. Very low. My 2009 PG 6MT touring/sport 15k miles was just valued at $33k. I think that's high, but you see my point.

:iagree: I just refinanced my loan to take advantage of lower rates, and my '09 base with sport came in at $30,800 retail. Now you won't get that in trade, but I think $22.5 is a little too low.

cab83_750 12-16-2010 10:39 PM

Quote:

Originally Posted by antennahead (Post 854234)
:iagree: I just refinanced my loan to take advantage of lower rates, and my '09 base with sport came in at $30,800 retail. Now you won't get that in trade, but I think $22.5 is a little too low.

In all honesty and full disclosure, I paid $29K, cash, before taxes. The car is just a base with aero-package ($600.00) The only thing that the car needs at the present time would be new tires. I figured that if I get $23K (+ $1,000 in tires), my actual trade in is $24K.

Might be bad mathematics as I am excluding taxes, but I figure that my actual selling price is $25,000.00 (self-justification :roflpuke2:)

antennahead 12-16-2010 11:04 PM

Quote:

Originally Posted by cab83_750 (Post 854342)
In all honesty and full disclosure, I paid $29K, cash, before taxes. The car is just a base with aero-package ($600.00) The only thing that the car needs at the present time would be new tires. I figured that if I get $23K (+ $1,000 in tires), my actual trade in is $24K.

Might be bad mathematics as I am excluding taxes, but I figure that my actual selling price is $25,000.00 (self-justification :roflpuke2:)

Yea, the good news is the cars are holding their own so far as used book values go, but the reality is if you negotiate well, you can get a new one for the same price as retail used. If you are happy with the deal I'd go for it. You could always ask for a little more and back down if they won't budge.

Oh, and I happen to love the Caymen S. A good friend of mine had one, before the recession caused a downturn in his business. They are great cars. I think the 370 is a better bang for the buck, and he agreed as well. I think the way to go is a mint low mileage used Caymen S, let someone else take the depreciation and get a good deal.

Pushing_Tin 12-17-2010 12:10 AM

I got about $24k for my Z on trade. It had it nearly two years. Sport/Touring 16k miles. It was a little low, but we're just starting winter, the economy is still in the shitt*r so I really didn't think I'd be able to get a whole lot more private party, if it sold at all. I looked at all of the closed out E-bay auctions and there were very few selling anywhere for over $26k.

Every comparo I've read puts the Cayman ahead of the Z, even if their numbers on paper are nearly identical. Let us know what happens.

cab83_750 12-17-2010 12:22 AM

Quote:

Originally Posted by Pushing_Tin (Post 854433)
I got about $24k for my Z on trade. It had it nearly two years. Sport/Touring 16k miles. It was a little low, but we're just starting winter, the economy is still in the shitt*r so I really didn't think I'd be able to get a whole lot more private party, if it sold at all. I looked at all of the closed out E-bay auctions and there were very few selling anywhere for over $26k.

Every comparo I've read puts the Cayman ahead of the Z, even if their numbers on paper are nearly identical. Let us know what happens.

.....and you had the "Sports/Touring". Mine is just base --- so I think we all somewhat agree that my actual trade is fair or fair+ :)

Pushing_Tin 12-17-2010 01:07 AM

Quote:

Originally Posted by cab83_750 (Post 854436)
.....and you had the "Sports/Touring". Mine is just base --- so I think we all somewhat agree that my actual trade is fair or fair+ :)

Based on the time of year and the market I think it's fair. So here is the current list of closed auctions. 28 closed auctions, TWO sold. One just like mine at $24,786 and a NISMO for $29,999. Some dumbfukker has a 2009 listed at $39K! :roflpuke2:

http://motors.completed.shop.ebay.co...c0.m283&_rdc=1


Oops, I missed this one, just like yours, a 2009 purchased in 2010. Sold for $24,100.

http://cgi.ebay.com/ebaymotors/2009-...item3cb33e7adf

Pushing_Tin 12-17-2010 01:10 AM

This is why I traded, too much BS selling private party and no real increase in sale price.

cab83_750 12-17-2010 01:18 AM

Quote:

Originally Posted by Pushing_Tin (Post 854477)
This is why I traded, too much BS selling private party and no real increase in sale price.

Thanks for confirming that my analysis of the market is correct.

cab83_750 12-17-2010 02:08 AM

Quote:

Originally Posted by zmyride (Post 847880)
I've been contemplating a new cayman s too but my Z sports is only 11 months old , not ready to give it up yet. A new S with taxes would be around $70k I could get two Zs with that money. Dollar for dollar I think a Z is a Better value.

I might just get a couple years old S for around $40k and save about $25k. It's very tempting.

I have never seen an S for $40k. non-s are in the high 30s. Maybe end of 2011, the first gen S could hit high 30s or low 40s.

jeffreyfranz 12-17-2010 03:50 PM

Quote:

Originally Posted by papashango (Post 853888)
Nicer ride, meaning more comfortable? Less noise? I thought the cayman s was very loud w the engine behind you

I didn't think it was that loud, but I was working pretty hard and pretty excited as well. By nicer ride, I mean a supple, planted, sticky feeling; great handling/cornering but not at all jarring. However, I cannot remember if it had more, less or the same amount of body roll as our car. But most people who get into cars are going to make mods in the area of suspension, bars, etc., anyway. :driving:

jeffreyfranz 12-17-2010 03:59 PM

Quote:

Originally Posted by Endgame (Post 854187)
This is one reason I went 370. I wanted a cost effective car that could come close to a CS in performance and driving experience. If my old RX8 had 50 more horses and 20 more pound feet of torque, I would have kept it. The Z was the perfect fit for me. Now, I can keep the wife's CX7, the Z, and get that 3 row SUV we need.

Exactly. And I, also, loved my RX-8 and wished for the extra power.

One thing that I never see discussed in the forums that extends this conversation about relative value and what we can afford: If I were driving a nice Cayman S, I would probably hesitate to track it much, worrying that a hairy accident would damage a big investment. And I know I would be obsessing more in parking lots and stuff.

Don't get me wrong: I would still love to have that car. But we got such a great deal. Who else makes a car like this at this price? No one. :driving:

Pushing_Tin 12-17-2010 06:37 PM

Quote:

Originally Posted by jeffreyfranz (Post 855544)
Exactly. And I, also, loved my RX-8 and wished for the extra power.

One thing that I never see discussed in the forums that extends this conversation about relative value and what we can afford: If I were driving a nice Cayman S, I would probably hesitate to track it much, worrying that a hairy accident would damage a big investment. And I know I would be obsessing more in parking lots and stuff.

Don't get me wrong: I would still love to have that car. But we got such a great deal. Who else makes a car like this at this price? No one. :driving:


http://www.aftermarketcarparts.biz/w...rd-mustang.jpg
:wtf2:


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