Are 370 worth more now than when you bought it?

zmyride · 07-30-2011, 02:17 AM

I checked several websites for the price on my Z and it seems like the Z is worth more than what i paid for it.

i have a 2010 sports package auto, bought brand new, currently 5000 miles on the odo. bought at $32500.

but now it's worth between $32500 and $34000.

is this for real?

oleg · 07-30-2011, 03:57 AM

I dont think its actually worth more but the site says for me that mine is worth 35.5k, but i cant pick a 2011 model so I cant get its actual value for mine

shadow2k · 07-30-2011, 07:37 AM

Quote:

Originally Posted by zmyride

I checked several websites for the price on my Z and it seems like the Z is worth more than what i paid for it.

i have a 2010 sports package auto, bought brand new, currently 5000 miles on the odo. bought at $32500.

but now it's worth between $32500 and $34000.

is this for real?

Your car is worth what someone will pay for it. And nobody is going to pay those prices. You can buy a new one for that.

Stop picking "excellent" condition. That's a good start to a more realistic value.

onzedge · 07-30-2011, 08:09 AM

Quote:

Originally Posted by shadow2k

Your car is worth what someone will pay for it. And nobody is going to pay those prices. You can buy a new one for that.

Stop picking "excellent" condition. That's a good start to a more realistic value.

ImportConvert · 07-30-2011, 08:43 AM

Your car is only in excellent condition if it is 100% garaged (i.e. NEVER driven), or wrapped and driven only on sunny, rainless days and 500' back from any vehicles. I think my Z06 BARELY qualifies and I drive it maybe 2-3 times a month on my days off.

Also, what some internet site says is worth what you paid for it unless the owner of the site is offering you a check for that amount.

kenchan · 07-30-2011, 10:51 AM

Quote:

Originally Posted by onzedge

+1 for sure.

DJ-of-E · 07-30-2011, 11:14 AM

It only worth as much as your attempt to get a sucker to buy your car at a high price...like a spoiled dumb rich kid who thought your car is a Porsche.

370zFORme!! · 07-30-2011, 11:27 AM

Ive also heard that used japanese car values are going up because of what happened in Japan with the recent disaster. Any truth to this?

takjak2 · 07-30-2011, 03:12 PM

This is the case with my nismo, but primary because I got it for a steal.

zmyride · 07-30-2011, 03:37 PM

Quote:

Originally Posted by 370zFORme!!

Ive also heard that used japanese car values are going up because of what happened in Japan with the recent disaster. Any truth to this?

thats what i thought. before the disaster, there were 5 pages of used 370z's on craigslist. now only 1 and most are new.

Red__Zed · 07-30-2011, 04:06 PM

I can't even sell mine at several grand less than that site claims it is worth.

sonic370 · 07-30-2011, 08:14 PM

you might get a little more than what kbb says. depending on your area..

i was at the dealership today and all they had on the lot was one used 350.
salesmen said i could maybe get top dollar on a trade in now because at
least in my area they are pretty rare right now. it doesn't matter anyway i'm
holding out for the next major revamp. and then it's either the new Z or
a corvette.

BrianMSmith · 07-31-2011, 01:18 AM

A car is worth whatever someone else will pay. But generally no, a car always depreciates in value except for some very rare circumstances of rare or unique cars becoming highly desired by rich people with more money than sense, and the vehicle becomes a work of art rather than transportation.

If you got your car for a great price, odds are everyone else is too. Maybe you could flip your car for a few grand extra, but then you'd have no car, would you? And you'd have to buy another one, maybe even at a higher price.

I have heard of people buying junkers and putting a lot of labor into fixing them up cheaply, and selling them up.

zmyride · 07-31-2011, 01:22 AM

Quote:

Originally Posted by BrianMSmith

If you got your car for a great price, odds are everyone else is too. Maybe you could flip your car for a few grand extra, but then you'd have no car, would you? And you'd have to buy another one, maybe even at a higher price.

actually i'm thinking about trading in my Z for a new Cayman. if i could sell privately for more than what i paid, i would be happy, but i doubt it. in fact, if i could get $30K i would be really happy.

jaxxx · 07-31-2011, 06:47 AM

Quote:

Originally Posted by zmyride

I checked several websites for the price on my Z and it seems like the Z is worth more than what i paid for it.

i have a 2010 sports package auto, bought brand new, currently 5000 miles on the odo. bought at $32500.

but now it's worth between $32500 and $34000.

is this for real?

you wish lol

, I can buy a new one cheaper.. specialy for an auto, a friend just sold his for 26K with only 13k miles. actually you overpaid haha

07-30-2011, 11:14 AM	#7 (permalink)
DJ-of-E Track Member Join Date: Apr 2011 Location: Garden Grove, CA Posts: 676 Drives: 00 Toyota Celica 040 Rep Power: 15	It only worth as much as your attempt to get a sucker to buy your car at a high price...like a spoiled dumb rich kid who thought your car is a Porsche. __________________

07-30-2011, 11:27 AM	#8 (permalink)
370zFORme!! Premium Member Join Date: Mar 2010 Location: SoCal Posts: 1,459 Drives: 2012 6MT STiffy Rep Power: 17	Ive also heard that used japanese car values are going up because of what happened in Japan with the recent disaster. Any truth to this? __________________ 87' Honda Civic Hatchback: Kaput @ 288,000 miles, 90' Toyota Celica: Kaput @ 175,000 miles, 93' Mitsubishi 3000GT VR4: Kaput @ 138,000 miles, 06' Scion Tc: Traded in @ 64,000 miles, 10' Nissan 370z: Traded in @ 25,000 miles, 12' Subaru Impreza Sti: Current.

07-30-2011, 03:12 PM	#9 (permalink)
takjak2 A True Z Fanatic Join Date: Feb 2011 Location: Sterling, VA Posts: 1,922 Drives: Legit Racecar 370Z Rep Power: 142	This is the case with my nismo, but primary because I got it for a steal. __________________ Mods \| Stuff \| Things \| Seat Time \| Nismo facebook.com/TeamSparrowSpeed

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07-30-2011, 03:57 AM	#2 (permalink)
oleg Enthusiast Member Join Date: Dec 2010 Location: Illinois Posts: 321 Drives: 2011 370z 6mt sp Rep Power: 14	I dont think its actually worth more but the site says for me that mine is worth 35.5k, but i cant pick a 2011 model so I cant get its actual value for mine

07-30-2011, 08:43 AM	#5 (permalink)
ImportConvert A True Z Fanatic Join Date: Jun 2010 Location: SWMO Posts: 4,454 Drives: 2019 CX5 GT Reserve Rep Power: 7626	Your car is only in excellent condition if it is 100% garaged (i.e. NEVER driven), or wrapped and driven only on sunny, rainless days and 500' back from any vehicles. I think my Z06 BARELY qualifies and I drive it maybe 2-3 times a month on my days off. Also, what some internet site says is worth what you paid for it unless the owner of the site is offering you a check for that amount.

07-30-2011, 04:06 PM	#11 (permalink)
Red__Zed A True Z Fanatic Join Date: Jul 2010 Location: window seat Posts: 28,940 Drives: Mostly on two wheels Rep Power: 119	I can't even sell mine at several grand less than that site claims it is worth.

07-30-2011, 08:14 PM	#12 (permalink)
sonic370 A True Z Fanatic Join Date: May 2010 Location: Orange Texas Posts: 1,574 Drives: 09 370Z Sports PGK Rep Power: 18	you might get a little more than what kbb says. depending on your area.. i was at the dealership today and all they had on the lot was one used 350. salesmen said i could maybe get top dollar on a trade in now because at least in my area they are pretty rare right now. it doesn't matter anyway i'm holding out for the next major revamp. and then it's either the new Z or a corvette.

07-31-2011, 01:18 AM	#13 (permalink)
BrianMSmith Enthusiast Member Join Date: Dec 2009 Location: secret Posts: 267 Drives: 370Z, Ducati 748S Rep Power: 15	A car is worth whatever someone else will pay. But generally no, a car always depreciates in value except for some very rare circumstances of rare or unique cars becoming highly desired by rich people with more money than sense, and the vehicle becomes a work of art rather than transportation. If you got your car for a great price, odds are everyone else is too. Maybe you could flip your car for a few grand extra, but then you'd have no car, would you? And you'd have to buy another one, maybe even at a higher price. I have heard of people buying junkers and putting a lot of labor into fixing them up cheaply, and selling them up.