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-   -   Huge Price Drop on Z! Making it more Affordable for FRS/BRZ buyers! (http://www.the370z.com/nissan-370z-general-discussions/68680-huge-price-drop-z-making-more-affordable-frs-brz-buyers.html)

LakeShow 03-22-2013 06:43 PM

Huge Price Drop on Z! Making it more Affordable for FRS/BRZ buyers!
 
http://www.thetorquereport.com/asset...105-17963.html
Quote:

The Subaru BRZ/Toyota GT 86 twins—the latter sold as the Scion FR-S in the U.S.—are shaking up the automotive world. The Toyota is selling from €30,450 in Europe, the Subaru begins at €29,500. Now Nissan is reacting by lowering the price of the slightly facelifted 370Z from €38,750 to €32,900. It might not sound like a big deal, but the Z suddenly is well within reach of those customers looking at the new Subaru/Toyota, and now costs less than the last-gen 350Z did at launch. That older Z retailed for €33,850 when it was introduced in Germany in 2003. Some might call the price cut a move of desperation, but Ponz Pandikuthira, Nissan Europe’s general manager for the 370Z, chooses to portray it as an act of altruism: “While other carmakers would likely have used the opportunity to raise prices, Nissan is preserving the character of the 370Z as an affordable sports car and making it available to an even larger circle of customers,” he volunteers.
Link

SS_Firehawk 03-22-2013 06:58 PM

That's a significant drop. I wouldn't mind a price drop, but more so with the Z35, so our resale doesn't tank haha.

Z370Z011 03-22-2013 07:03 PM

Quote:

Originally Posted by SS_Firehawk (Post 2228352)
That's a significant drop. I wouldn't mind a price drop, but more so with the Z35, so our resale doesn't tank haha.

Yeahhh... This is kinda depressing news for those that paid the original price tag...:shakes head:

KERMIT 03-22-2013 07:06 PM

You can hear the resale values dropping.... Equity? Ha

dP3NGU1N 03-22-2013 07:08 PM

That is actually really annoying.... Is that going to happen in the US as well?

speedfreek 03-22-2013 07:12 PM

Thanks Nissan for screwing over your past customers. This may get new customers short term but they may alienate loyal customers who get burned by this.

UruZai 03-22-2013 07:15 PM

Damn I just bought my Z four months ago :shakes head:

Jordo! 03-22-2013 07:17 PM

**** yeah!

Now we'll see how much a much all that "fun" is really worth to consumers :icon17:

Makes it a lot harder to argue on price point. Let the battle commence :tup:

Highway 03-22-2013 07:18 PM

Srsly Nissan, keep the price the same. I'm quite alright with the Z not being owned by the FT86 crowd.

1cleanZ 03-22-2013 07:20 PM

Bad for current owners....great for new buyers...

SS_Firehawk 03-22-2013 07:21 PM

Looks like Europe only so far

Jordo! 03-22-2013 07:25 PM

Quote:

Originally Posted by | 1cleang | (Post 2228390)
Bad for current owners....great for new buyers...

That price drop isn't going to make much of a difference in resale -- these cars depreciate by about 10% every year anyway.

But... it might mean more sales of Z's, and in turn that only improves the chances of even better (and more affordable) future Z's (and maybe less lame future 86 cars too).

I'm all for this -- it's a swift kick in the plums to the competition.

Apoc370z 03-22-2013 07:34 PM

A refund is in order

ZMan8 03-22-2013 07:36 PM

If its only europe you guys need to understand it was ridiculously overpriced there from the begining. A used 2 year old 40th anniv at a dealership in germany was selling for almost $50, 000. My cousin, a sales manager at that german dealer , said most likely it will sell for $45k. The equivalant here would be about 28-32k.

Sent from my SAMSUNG-SGH-I747 using Tapatalk 2

DEpointfive0 03-22-2013 07:40 PM

Quote:

Originally Posted by ZMan8 (Post 2228409)
If its only europe you guys need to understand it was ridiculously overpriced there from the begining. A used 2 year old 40th anniv at a dealership in germany was selling for almost $50, 000. My cousin, a sales manager at that german dealer , said most likely it will sell for $45k. The equivalant here would be about 28-32k.

Sent from my SAMSUNG-SGH-I747 using Tapatalk 2

:iagree: this man is talking sense

EDIT:
Then again, I'd love a refund :roflpuke2:

KERMIT 03-22-2013 07:50 PM

Quote:

Originally Posted by Jordo! (Post 2228395)
That price drop isn't going to make much of a difference in resale -- these cars depreciate by about 10% every year anyway.

But... it might mean more sales of Z's, and in turn that only improves the chances of even better (and more affordable) future Z's (and maybe less lame future 86 cars too).

I'm all for this -- it's a swift kick in the plums to the competition.

First, the is based on the current price you can buy new. If the new prices drops 30% so does the resale baseline.

Second, you want more Z's on the road? Aka mustang style? I see some benefits like aftermarket parts, but still.

1cleanZ 03-22-2013 07:50 PM

Quote:

Originally Posted by Jordo! (Post 2228395)
That price drop isn't going to make much of a difference in resale -- these cars depreciate by about 10% every year anyway.

But... it might mean more sales of Z's, and in turn that only improves the chances of even better (and more affordable) future Z's (and maybe less lame future 86 cars too).

I'm all for this -- it's a swift kick in the plums to the competition.

I don't mean it like that...i just mean for anyone that purchased new in the past...compared to anyone that purchases new now going forward..

Also, if "NEW" prices drop, then used prices will as well. You can't expect to sell a used car for the same price as a new...

xxAGAVExx 03-22-2013 08:05 PM

:shakes head:Boooooo, I like being the only 370Z I see going to work and back. Its looses its prestige if everyone gets it.

Leuz 03-22-2013 08:08 PM

Quote:

Originally Posted by dP3NGU1N (Post 2228369)
That is actually really annoying.... Is that going to happen in the US as well?

I believe in Europe the Z is not as popular as here in the US.
1. It's overpriced compared to here.
2. Gas is more expensive.
3. Probably taxes based on engine size and power.
This sounds like a marketing move only for Europe.

DEpointfive0 03-22-2013 08:13 PM

Quote:

Originally Posted by Leuz (Post 2228455)
I believe in Europe the Z is not as popular as here in the US.
1. It's overpriced compared to here.
2. Gas is more expensive.
3. Probably taxes based on engine size and power.
This sounds like a marketing move only for Europe.

:iagree:

No one I guess sees that it isn't in $ (dollars)
LOL

speedfreek 03-22-2013 08:18 PM

Quote:

Originally Posted by DEpointfive0 (Post 2228467)
:iagree:

No one I guess sees that it isn't in $ (dollars)
LOL

Oh I thought the funny sign in front of the numbers meant we were talking monopoly money.

Yes we know it's only in Europe.....at least for the time being.

DEpointfive0 03-22-2013 08:28 PM

Quote:

Originally Posted by speedfreek (Post 2228470)
Oh I thought the funny sign in front of the numbers meant we were talking monopoly money.

Yes we know it's only in Europe.....at least for the time being.

LOL!!!
I don't know why everyone is all butt hurt still

Z370Z011 03-22-2013 08:29 PM

meh, our cars will break down before we ever see a refund. lol

Apoc370z 03-22-2013 08:53 PM

Quote:

Originally Posted by ZMan8 (Post 2228409)
If its only europe you guys need to understand it was ridiculously overpriced there from the begining. A used 2 year old 40th anniv at a dealership in germany was selling for almost $50, 000. My cousin, a sales manager at that german dealer , said most likely it will sell for $45k. The equivalant here would be about 28-32k.

Sent from my SAMSUNG-SGH-I747 using Tapatalk 2

i seriously doubt they will target the european market, japanese cars are not as popular there compare to lets say asia or the U.S.

If they are really gonna do a price drop it will definitely be a global thing, i dont see why they will only do it for the european market to be honest.

IMHO, it is more likely to be the U.S market cause the import fees are not as ridiculous as other countries, we will still be the biggest market outside of japan

mayday813 03-22-2013 08:57 PM

Car sales in Europe are very depressed which probably explains the price reduction.

LakeShow 03-22-2013 09:18 PM

Quote:

Originally Posted by mayday813 (Post 2228529)
Car sales in Europe are very depressed which probably explains the price reduction.

+1...:iagree:. Europe has also cut off the WRX and STi from the European market due to bad sales.

speedfreek 03-22-2013 09:24 PM

Quote:

Originally Posted by DEpointfive0 (Post 2228482)
LOL!!!
I don't know why everyone is all butt hurt still

If the price drop happens in the US as well it will hurt the resale value for prior years where we paid thousands more for the vehicle. But nothing we can do about it except post a comment of our displeasure and shake our fist at Nissan Corporate.

DEpointfive0 03-22-2013 09:30 PM

Quote:

Originally Posted by speedfreek (Post 2228566)
If the price drop happens in the US as well it will hurt the resale value for prior years where we paid thousands more for the vehicle. But nothing we can do about it except post a comment of our displeasure and shake our fist at Nissan Corporate.

I HIGHLY doubt it will happen here, although it really should...
If it DOES happen here... :shakes head:

axmea? 03-22-2013 11:06 PM

Over priced in Europe to begin with plus, they have to reduce inventory.

peleincubus 03-23-2013 03:06 PM

I doubt it is but if this is the case in the US hooray. You never no the yen < dollar exchange rate has dropped a ton this past 12 months or so. And Japan is doing it for this very reason to help exports.

cheshirecat 03-23-2013 03:53 PM

Jesus, that's a pretty huge drop. I'm wondering what the tradeoff is or where the money is made up.

SmileyZ 03-23-2013 04:15 PM

Anybody here remember when Mitsubishi/Dodge did this in the 90's to "spur sales growth" of the 3000GT twins? That didn't work out well at all. Sales did not improve and resale values tanked. Let's hope Nissan is smart enough to gradually reduce the price, if they even reduce it in the US.

UNKNOWN_370 03-23-2013 04:56 PM

If you plan on trading in 2014/2015 for another Z? Pay off your Z's ASAP. The next gen price will most likely drop back to $30,000 again. That will leave your current Z's being worth in the $20,000 range.

JungleZ 03-23-2013 05:13 PM

Wow even a bigger ownage factor for me already getting owned leasing

UNKNOWN_370 03-23-2013 06:16 PM

Quote:

Originally Posted by JungleZ (Post 2229466)
Wow even a bigger ownage factor for me already getting owned leasing

Residual value will also be affected if you lease. It may be more important for leassee's than owners.

shadoquad 03-23-2013 06:22 PM

Quote:

Originally Posted by LakeShow (Post 2228554)
+1...:iagree:. Europe has also cut off the WRX and STi from the European market due to bad sales.

Wow, that SUCKS

TreeSemdyZee 03-23-2013 06:27 PM

In a related story, all new Zs will have the 2009 steering lock added as a free option.

obito 03-23-2013 06:47 PM

to be fair for prior customers, Nissan should drop the price for GT-R, so we can step up.

I dont wanna be overcrowded like BRZ drivers..

Ziggyman 03-23-2013 08:53 PM

At the current exchange rate that's still $43K plus dollars. Not to worry about residuals here yet.

Minsu 03-23-2013 09:08 PM

sooooooooo does this mean i should wait a bit before a buy my Z?
and is this a touring model 2012 Nissan 370Z Touring, $30,000 - Cars.com


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