Nissan 370Z Forum

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-   -   Why is this happening so much? (people selling their Zs) (http://www.the370z.com/nissan-370z-general-discussions/48773-why-happening-so-much-people-selling-their-zs.html)

NewlyIMPORTed 01-28-2012 01:29 PM

Why is this happening so much? (people selling their Zs)
 
I've been noticing that a lot of Z's are being sold right now. Why are so many people dumping their cars?

6MT 01-28-2012 01:33 PM

:confused::ugh2:

gr8-wrx 01-28-2012 01:40 PM

My guess is that 2-seaters are less practical overall. Especially in practice...

Dark Sarcasm 01-28-2012 01:51 PM

when you say "a lot" of Z's what do you mean? I'm always trolling Autotrader and Ebay and haven't seen very much of an increase in Z's listed on the internet. I've been watching Z's for about 2 years. I guess the older they get the more and more used ones will be out there.

I dont think there is a specific reason why this model vehicle would return to the used market any sooner than most other vehicles.

eddieconfetti 01-28-2012 01:56 PM

it might seem alot, but it actually isnt. hard to find many used 370z

kenchan 01-28-2012 01:58 PM

it's cheaper to buy a new car vs a new steering lock.

Jasonle 01-28-2012 02:01 PM

^Lol

Red__Zed 01-28-2012 02:02 PM

Quote:

Originally Posted by kenchan (Post 1513877)
it's cheaper to buy a new car vs a new steering lock.

:icon17:

frost 01-28-2012 02:03 PM

Some of the cars are 3 years old now, it's about time people start trading them in newer things.

Also, I've noticed a lot of the comments in the for sale threads point out that they are correcting financial mistakes they made. So it looks like many people bought more car than they could afford, maybe thinking they would eventually get a raise, promotion, or better job, and are correcting that miscalculation.

UNKNOWN_370 01-28-2012 02:23 PM

Yeah... when the Z gencoupe and camaro came out. People were going nuts doing anything to get in them. Now they are driving used hyundai's to recoupe from "I gotta have it first syndrome".

RandyD 01-28-2012 02:31 PM

i think it's normal stuff:

some people bought too much car.
economy is in the toilet.
car is now 3 years old. Some people like brand new always.

i originally thought i would keep my vert as a classic for many many years... still a good plan, UNLESS the dealer will even swap me for a 2012 with the oil cooler...

alcheng 01-28-2012 02:35 PM

Quote:

Originally Posted by kenchan (Post 1513877)
it's cheaper to buy a new car vs a new steering lock.

:icon18: :icon18:

Maybe they try to dump the Z before the Screwing Lock Failure happen.

LOL


:tup:

PapoZalsa 01-28-2012 02:50 PM

Quote:

Originally Posted by NewlyIMPORTed (Post 1513831)
I've been noticing that a lot of Z's are being sold right now. Why are so many people dumping their cars?

1- They might 2009 models that are running out of warranty or will be soon.

2- Most people are not really Z enthusiastic.

3- Some people like a new car every 3 yrs

4- Some people buy out of impulse then they realize that is not what they wanted.


Quote:

Originally Posted by kenchan (Post 1513877)
it's cheaper to buy a new car vs a new steering lock.

Not again! :shakes head:

BigT 01-28-2012 03:13 PM

Well, I can seriously say that I am not a Z "enthusiast". But, I love this car. I enjoy driving it. It will be around for a while. It might not be my daily driver after 2 or 3 years, but I don't see it going anywhere.

edconline 01-28-2012 03:45 PM

Another reason it may seem this way to you is, you are on an enthusiast forum, yes a 370Z one, but an auto enthusiast forum nonetheless. The type of people that visit these forums are more likely to want to upgrade, start a new project, or just get a shiny new toy than people that just bought the Z, kept it stock and don't really think about mods or visit the forums.

I think you could reasonably conclude that the ratio of Z owners on the forum trading/selling their Z's for something else is higher than that of the Z owners that are not enthusiasts or active on the forum.

Finally, as an active member yourself, you are going to notice all the posts about people who are selling/trading (other active members who are excited to talk about their new purchase or attempt to part out/sell their car here). Probably the same type of thing happening on most other forums for different car makes/models. I would be very surprised if this were a 370Z only thing.

Thechidz 01-28-2012 03:55 PM

Quote:

Originally Posted by kenchan (Post 1513877)
it's cheaper to buy a new car vs a new steering lock.

:wtf2:

m4a1mustang 01-28-2012 04:27 PM

Quote:

Originally Posted by frost (Post 1513894)
Some of the cars are 3 years old now, it's about time people start trading them in newer things.

Also, I've noticed a lot of the comments in the for sale threads point out that they are correcting financial mistakes they made. So it looks like many people bought more car than they could afford, maybe thinking they would eventually get a raise, promotion, or better job, and are correcting that miscalculation.

Quote:

Originally Posted by edconline (Post 1514090)
Another reason it may seem this way to you is, you are on an enthusiast forum, yes a 370Z one, but an auto enthusiast forum nonetheless. The type of people that visit these forums are more likely to want to upgrade, start a new project, or just get a shiny new toy than people that just bought the Z, kept it stock and don't really think about mods or visit the forums.

I think you could reasonably conclude that the ratio of Z owners on the forum trading/selling their Z's for something else is higher than that of the Z owners that are not enthusiasts or active on the forum.

Finally, as an active member yourself, you are going to notice all the posts about people who are selling/trading (other active members who are excited to talk about their new purchase or attempt to part out/sell their car here). Probably the same type of thing happening on most other forums for different car makes/models. I would be very surprised if this were a 370Z only thing.


Great points. The 370 has been out for a while so a lot of people who've had them from the beginning are moving on to something else. And then there are the crazy car guys like Modshack (60 cars now?) and others (myself included) that are always buying new cars, tinkering with them, then moving on to a new adventure.

Kingbaby 01-28-2012 05:54 PM

The love isn't there...

m4a1mustang 01-28-2012 06:14 PM

Quote:

Originally Posted by Kingbaby (Post 1514214)
The love isn't there...

If you love something set it free. :icon17:

6MT 01-28-2012 06:27 PM

Quote:

Originally Posted by eddieconfetti (Post 1513874)
it might seem alot, but it actually isnt. hard to find many used 370z

:iagree:

kenchan 01-28-2012 07:08 PM

Quote:

Originally Posted by m4a1mustang (Post 1514227)
If you love something set it free. :icon17:

:bowrofl: awesome post.

SPOHN 01-28-2012 07:15 PM

All I know is I love my car....seriously. I love the history the Z has. I know there some things I'd like to see an improvement on in the power department. But it doesn't really matter in the end. It's a great looking car that I don't see a dime a dozen on the road. I know one thing, if a lot of the people here would track there car from time to time you would have much more to smile about.

LakeShow 01-28-2012 07:40 PM

Either they can't afford it, or they are just not smart giving up the Z for something inferior. I've driven the STi, Evo, Camaro SS, Mustang 5.0, you name it and they are just missing something that the Z feels slightly better. I've also driven a GTR and this car just seems like the baby brother. Also the rarity and heritage goes along with that.

somatic 01-28-2012 07:50 PM

This topic suddenly shows up every few months

m4a1mustang 01-28-2012 07:50 PM

Opinions are like @ssholes...

bbigby64 01-28-2012 07:57 PM

Quote:

Originally Posted by SPOHN (Post 1514282)
All I know is I love my car....seriously. I love the history the Z has. I know there some things I'd like to see an improvement on in the power department. But it doesn't really matter in the end. It's a great looking car that I don't see a dime a dozen on the road. I know one thing, if a lot of the people here would track there car from time to time you would have much more to smile about.

I'm a newbie at sports cars, but I don't have to take my Z to a track to appreciate its power. Just the amazing acceleration that it provides when I need to get to a spot on the road quickly gives me a nice buzz of adrenaline. However, I admit that a track run would be even better. :D

Waiz 01-28-2012 08:02 PM

Quote:

Originally Posted by somatic (Post 1514306)
This topic suddenly shows up every few months

:werd:

Three7D 01-28-2012 08:15 PM

You can't point your finger and say "this is the reason why" there's way too many factors. I see more used camaros on car lots than civics! When the 370 came out I knew I'd never own one and completly wrote it off. Now I'll prolly have it for it's entire life!:roflpuke2:

cc370z 01-28-2012 08:38 PM

Topically when you buy a new car it takes about 2.5-3 years of payments to get out from under the negative equity. I know my payoff is now below ACV (actual cash value). May will be 3 yrs for me.

m4a1mustang 01-28-2012 08:43 PM

Quote:

Originally Posted by cc370z (Post 1514338)
Topically when you buy a new car it takes about 2.5-3 years of payments to get out from under the negative equity. I know my payoff is now below ACV (actual cash value). May will be 3 yrs for me.

I thought most people put enough cash down such that they'd never be underwater on their loans?

onzedge 01-28-2012 09:24 PM

Quote:

Originally Posted by kenchan (Post 1513877)
it's cheaper to buy a new car vs a new steering lock.

That hurts, man. It really hurts. :mad:

onzedge 01-28-2012 09:25 PM

Quote:

Originally Posted by m4a1mustang (Post 1514308)
Opinions are like @ssholes...

Everyone has one, they are all different and they all stink except for mine.

PapoZalsa 01-28-2012 09:29 PM

Quote:

Originally Posted by m4a1mustang (Post 1514308)
Opinions are like @ssholes...

Everybody has one ;)

cc370z 01-28-2012 09:36 PM

Quote:

Originally Posted by m4a1mustang (Post 1514339)
I thought most people put enough cash down such that they'd never be underwater on their loans?

It's very rare. Most people try to use their current car as a down payment. If you figure that tax, title and license in AZ is about 10% then add in the instant depreciation. I would guess someone would be looking around 20%-30% down to stay above water from point of purchase.

Now if you buy used... It's A LOT less. But new is ruff.

m4a1mustang 01-28-2012 09:43 PM

Quote:

Originally Posted by cc370z (Post 1514367)
It's very rare. Most people try to use their current car as a down payment. If you figure that tax, title and license in AZ is about 10% then add in the instant depreciation. I would guess someone would be looking around 20%-30% down to stay above water from point of purchase.

Now if you buy used... It's A LOT less. But new is ruff.

Wild. If I finance I always figure how much I need to put down so I'll always be ahead. Guess that's not as common of a practice as I thought.

BrianMSmith 01-28-2012 10:20 PM

I'm being tempted by a Z06.....

Red__Zed 01-28-2012 10:21 PM

Quote:

Originally Posted by m4a1mustang (Post 1514374)
Wild. If I finance I always figure how much I need to put down so I'll always be ahead. Guess that's not as common of a practice as I thought.

Everybody runs their finances differently i guess.

Snakes709 01-28-2012 10:57 PM

Quote:

Originally Posted by PapoZalsa (Post 1513990)
1- They might 2009 models that are running out of warranty or will be soon.

2- Most people are not really Z enthusiastic.

3- Some people like a new car every 3 yrs

4- Some people buy out of impulse then they realize that is not what they wanted.




Not again! :shakes head:

Thats me..lol. I got pissed off at my cobalt one day, went to the nissan dealership and test drive a 370z. Bought it and then traded it in 8 months later.

onzedge 01-29-2012 06:35 AM

Quote:

Originally Posted by Snakes709 (Post 1514448)
Thats me..lol. I got pissed off at my cobalt one day, went to the nissan dealership and test drive a 370z. Bought it and then traded it in 8 months later.

That is very odd. You were only pissed at your Cobalt one day? Hmmm...

Snakes709 01-29-2012 07:15 AM

lol...let me rephrase, it pissed me off alot but i delt with it. The day in question was the last straw.


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