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Evo X or 370Z???

Originally Posted by Red__Zed That's pretty clearly not true based on a cursory look at blue book and black book values. What cars are you looking at to come to

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Old 10-29-2012, 09:44 PM   #1 (permalink)
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That's pretty clearly not true based on a cursory look at blue book and black book values. What cars are you looking at to come to that conclusion?
I went to 5 different dealers when I was shopping for a new hybrid for my wife last month. At the time, I found my Prius to be worth $13420 from the black book in average condition and mileage. The bluebook returned with $12000-13000 with the same thing. (They almost never give you excellent condition). In all five cases, they came to me with the actual printout from the bluebook website. I basically walked out on all of them as I wanted $14K.

When I bought my Z three years ago, the blackbook was $1-2K less than the bluebook. And they never showed me anything from the bluebook.
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Old 10-30-2012, 08:04 AM   #2 (permalink)
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I went to 5 different dealers when I was shopping for a new hybrid for my wife last month. At the time, I found my Prius to be worth $13420 from the black book in average condition and mileage. The bluebook returned with $12000-13000 with the same thing. (They almost never give you excellent condition). In all five cases, they came to me with the actual printout from the bluebook website. I basically walked out on all of them as I wanted $14K.

When I bought my Z three years ago, the blackbook was $1-2K less than the bluebook. And they never showed me anything from the bluebook.
So, like we've discussed, black book is based on auction prices. High demand cars like Prius' and supras and foxbody mustangs will tend to be undervalued on blue book because they use a fairly consistent formula. That doesn't mean blue book as a whole tends to overvalue cars.
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Old 10-30-2012, 09:35 AM   #3 (permalink)
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So, like we've discussed, black book is based on auction prices. High demand cars like Prius' and supras and foxbody mustangs will tend to be undervalued on blue book because they use a fairly consistent formula. That doesn't mean blue book as a whole tends to overvalue cars.
I was on your side until I went car shopping the last two months. The prices were roughly the same for my Z and the Cube (which I eventually traded). The blackbook consistently came in HIGHER than the bluebook on all three cars. Also on the newer car I bought, the blackbook prices were so high that they were near some of the retail prices. I am not sure of the change either. I have this theory that bluebook got so popular that the dealer paid them to lower the prices so they can get more deals done.
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Old 10-30-2012, 09:35 AM   #4 (permalink)
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I was on your side until I went car shopping the last two months. The prices were roughly the same for my Z and the Cube (which I eventually traded). The blackbook consistently came in HIGHER than the bluebook on all three cars. Also on the newer car I bought, the blackbook prices were so high that they were near some of the retail prices. I am not sure of the change either. I have this theory that bluebook got so popular that the dealer paid them to lower the prices so they can get more deals done.
Post your numbers then.
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Old 10-30-2012, 12:00 PM   #5 (permalink)
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Post your numbers then.
I just showed it to you on my Prius, I will show you another one. How about that?

Blackbook listed my Lexus as such, KBB has it listed at $1K+ lower. How is that higher?

Black Book Trade-In as of 10/29/2012
Clean Average Rough
Base $39,570 $37,110 $31,105
Options $750 $750 $750
Mileage ($2,250) ($1,600) ($1,075)
Total $38,070 $36,260 $30,780

Excellent
$36,510
Very Good
$35,710
Good
$34,410
Fair
$30,610
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Old 10-30-2012, 12:03 PM   #6 (permalink)
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Go ahead and show me the post where I claim that.

Btw, comparing the 370z to the Japanese cars of the 90s is laughable.
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I just showed it to you on my Prius, I will show you another one. How about that?

Blackbook listed my Lexus as such, KBB has it listed at $1K+ lower. How is that higher?

Black Book Trade-In as of 10/29/2012
Clean Average Rough
Base $39,570 $37,110 $31,105
Options $750 $750 $750
Mileage ($2,250) ($1,600) ($1,075)
Total $38,070 $36,260 $30,780

Excellent
$36,510
Very Good
$35,710
Good
$34,410
Fair
$30,610


Are you aware that the online black book site isn't black book value?
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Old 10-30-2012, 01:14 PM   #7 (permalink)
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Are you aware that the online black book site isn't black book value?
Perhaps, but it is good enough to be used by banks on loans
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Old 10-30-2012, 12:15 PM   #8 (permalink)
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Here Red_Zed, used your source. I used competing 2011 models as this is what we both have been referring to. I loaded all models with options to guarantee they are in a similar price range when new. Please explain why my results are different than yours using two different tools. And yes, those are straight from their site and printed to PDF, go ahead and check if I manipulated the numbers. You don't have to reply after reading unless you want to add to your posting numbers.

Oh and it was post 103 where I claimed the 370Z resale value was good and you refuted, then proceeded to paste unsourced information.
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File Type: pdf 370Z.pdf (136.9 KB, 9 views)
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Old 10-30-2012, 12:23 PM   #9 (permalink)
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Here Red_Zed, used your source. I used competing 2011 models as this is what we both have been referring to. I loaded all models with options to guarantee they are in a similar price range when new. Please explain why my results are different than yours using two different tools. And yes, those are straight from their site and printed to PDF, go ahead and check if I manipulated the numbers. You don't have to reply after reading unless you want to add to your posting numbers.
Include Msrp so I know what options you are including.

Broadly speaking, the numbers are different because you outfitted the cars differently than I did, and you failed to include the Msrp numbers to obscure that


Of course, your post does nothing but prove me right. The z is on par with competitors, not "possessing the highest residual value in the industry" as you claim.
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