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-   -   Are 370 worth more now than when you bought it? (http://www.the370z.com/nissan-370z-general-discussions/40287-370-worth-more-now-than-when-you-bought.html)

zmyride 07-30-2011 02:17 AM

Are 370 worth more now than when you bought it?
 
2 Attachment(s)
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 (Post 1237254)
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 (Post 1237316)
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.

:iagree:

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 (Post 1237333)
:iagree:

+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!! (Post 1237500)
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 (Post 1238058)
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 (Post 1237254)
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:icon18:, 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


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