KBB Value dropping drasticly

watson853

^ thanks for adding nothing to an otherwise really informative thread.


Sent from my iPad using Tapatalk

Red__Zed

Disappointing to see how the ownership IQ has dropped like a rock as of late.


Front end variance on purchase price overwhelms any possible meaning the chart could have. It's not like we are picking apart the life cycle differences (last year of s2000) or allocating for anything else. Even kbb tracks an "fpp" stat you can use if you are too lazy to look up time based incentives.



If you actually care about such things, looking at lease residuals is more informative in many ways. It's a bit skewed by how hard the manufacturer is pushing sales, but they do the hard math so you don't have to.

b15

I stopped caring about my car's value after I buy it a long time ago. Cars depreciate, some more than others. It's out of your control, just have to face the reality when it's trade in time.

Zteve

honestly i could care less about resale value. i did not buy the car to sell it i bought it to drive.

__________________
2013 Midnight Blue 370Z Base w/Sport Package

edub370

u are all better people than me. i actually care about a cars value. guess thats my mistake lol

__________________

JungleZ

Nissan Fails Again. Almost towards the last in 2014 Consumer Reports Best and Worst picks.

Footloose301

I've never had an issue.... Reliability is a 10 from me. 53k on my 2010, zero issues besides lacking the extra 100hp it should have from the factory

__________________

2010 40th Anniversary 370Z

Rockhound

Pot, meet kettle. I'm not anti-Mustang, but I'm not one to turn away from a good p!ssing match, so here we are.


I did a bit of research online for owners' claimed purchase prices for their new S2000s. I found an average discount of $5,474 for new '08/'09 purchases (calculated against each year's respective MSRP). Some of the owners' dialog sounded more like negotiation than pure Honda incentives - I know those are easily confused.

I also took a look at a few new Mustang GTs on a local Ford dealer's website to compare to Ford's claimed MSRP. Doing so provides an obvious bump in the Mustang's residual, assuming the same incentive applied to the '09 MSRP, in fact now it would be the third highest on that same list - I hope you'll find this acceptable. The Z still falls 'above average' in this truncated list, so there's that, I guess.

I used Edmunds TMV value for new base 370Zs and 335i sedans to estimate a discount from MSRP for those two models as well...here's a new chart that should make you feel better:




No, I'm not confusing the two - I just think your claim of $10k off of a base Mustang GT seems awfully optimistic and isn't in line with current incentives. To get there you'd have to also throw in some negotiating, I'd think, or were there specific $10k incentives offered in 2009 on a $27k Mustang?


It seems like I threw in a caveat for the S2000 on my initial post. My limited research suggests that some folks were getting significant discounts on the S2000 going back to 2004-07, well before the last '09s rolled out. Part of what also hurts the S2000 residual is also what hurts the Z, it didn't sell particularly well, it appeals to a very small enthusiast market and general public awareness is very low (which is a shame).


Which is it? (Yes, I know the 335i isn't a flagship.) Even taking into account TMV pricing on the 335i, it still has worse residual value than the 370Z, so I guess us Z owners can take solace in that.

Anyway, I'm done bickering. My first post in this thread was legitimately submitted because of my own curiosity in the Z's value - and I think that, as you yourself have mentioned, the Z's value retention is pretty decent with all things considered.

TheGreatOne

I'd say its pretty good and I wouldn't go by KBB

I always go by what the other ones are selling for, and I was pretty surprised that most 40ths (at least In Canada) were going for 32K-35K which was surprising as I got mine for 39K in 2011 lol.

No complaints though

__________________
2017 SUBARU STI
2008 E60 M5 - SOLD
2010 40th Anniversary 370Z - SOLD (and missing her)

Radride

Asking and selling is two different numbers. You can ask all you want for your car but in the end the market dictates the final price.

R.K.

shawnski

Demand and supply has the largest factor on value of any cars specially used cars..

iamgus_gus

no, the fact that they are depreciating assets is the largest factor

edk370

If the 370 was in the next "Fast & Furious" franchise....then it'd be at a premium like the Supra MKIV. You know how stupid the values are for MKIV twin turbos with even 80,000 miles but in "good" condition? People pay like $25K+ for a car that should probably be under $20K....

Radride

If the 370z came with a turbo from the factory, the demand and value would be very high; just like the supra. The reason why the supra still demands the money it does is because of the cult following and the modibility of the car. They make crazy HP on the stock platform. I just sold mine, it made 670rwhp on the stock block on pump and meth with all of the supporting mods. Its a great car for dyno numbers and still looks good today. The unfortunate part is that is getting long in the tooth and the interior is not aging well.

R.K.

edk370

I disagree. The cult following of the MKIV turbo was because of the Fast N Furious movies. If you go to Australia or Japan, MKIV turbos can be bought for around $13,000 USD. I'm implying that the Fast N Furious movies didn't really have much of an impact there, but did in the U.S. Plus, when the MKIVs phased out, they were $50,000 cars brand new here in the U.S. This kept a lot of teenage dreamers from buying this car.

Personally, I think the FD3S is the sexiest Japanese sports car from the 90s heyday. But their resale values suck because the rotaries are perpetual tuning problems and unreliable. That's why people do LS swap