370z's depreciation in a year? I WANT ONE!!

seecue · 01-28-2010, 02:25 PM

Owners will always deny that their vehicles depreciate as much as what KBB claims. Its a bit aggressive, but I wouldn't be suprised if KBB was +/-2k off. I hope KBB predictions are correct because I would be able to pick up a Z for 20k next year.

I've also kept my eye on 350Zs, you can get a low mileage 06-08 touring/enthusiast for 18-22k...well that's what carmax says...so maybe?????

Car Finder by Zip Code at carmax.com

Astrosfan · 01-28-2010, 02:30 PM

thanks for the info guys. I was probably wrong by putting the depreciation values on my original post. The cost of the car based solely on depreciation was not my original intent.

All i really wanted to know is if you see the 370z prices matching(or close to matching) the used 350z prices? I know there are certain variables that come into play such as model level, ect.

Hopefully in maybe a year, i was wanting to purchase a 2010 or 2009 370z base+sport with low mileage for around 28k drive out?

seecue · 01-28-2010, 02:50 PM

Quote:

Originally Posted by Astrosfan

thanks for the info guys. I was probably wrong by putting the depreciation values on my original post. The cost of the car based solely on depreciation was not my original intent.

All i really wanted to know is if you see the 370z prices matching(or close to matching) the used 350z prices? I know there are certain variables that come into play such as model level, ect.

Hopefully in maybe a year, i was wanting to purchase a 2010 or 2009 370z base+sport with low mileage for around 28k drive out?

IMO, I think you can do better than that. In fact some of the guys here bought their new 2010 370Z base 6MT for 29k. You should try to sell your mazda now, unless you can save more/faster than the rate of depreciation of your mazda. Use that as down payment, finance the rest at low 3.5% (rates may increase the next year or two).

Astrosfan · 01-28-2010, 03:50 PM

Quote:

Originally Posted by seecue

IMO, I think you can do better than that. In fact some of the guys here bought their new 2010 370Z base 6MT for 29k. You should try to sell your mazda now, unless you can save more/faster than the rate of depreciation of your mazda. Use that as down payment, finance the rest at low 3.5% (rates may increase the next year or two).

I was going to try to save at least 1k per month over the next few months. Plus I have to make sure my new job position will hold at the salary rate that i want. Worst thing would be to buy the car and then have no job. I have perfect credit so financing right now is 3.99apr, hopefully by xmas, it will stay the same or close to.

so, to get a 2009 or 2010? aren't there a few differences?

seecue · 01-28-2010, 03:59 PM

^sounds like a good plan.

Practically the same..

Astrosfan · 01-28-2010, 04:03 PM

yea, i'm trying to have no more than $300-350/mo loan.

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01-28-2010, 02:25 PM	#16 (permalink)
seecue Base Member Join Date: Jan 2010 Location: Sacramento Posts: 23 Drives: 02 Honda S2000 Rep Power: 17	Owners will always deny that their vehicles depreciate as much as what KBB claims. Its a bit aggressive, but I wouldn't be suprised if KBB was +/-2k off. I hope KBB predictions are correct because I would be able to pick up a Z for 20k next year. I've also kept my eye on 350Zs, you can get a low mileage 06-08 touring/enthusiast for 18-22k...well that's what carmax says...so maybe????? Car Finder by Zip Code at carmax.com

01-28-2010, 02:30 PM	#17 (permalink)
Astrosfan Enthusiast Member Join Date: Jan 2010 Location: houston, TX Posts: 427 Drives: 09 370z PG Sport Rep Power: 17	thanks for the info guys. I was probably wrong by putting the depreciation values on my original post. The cost of the car based solely on depreciation was not my original intent. All i really wanted to know is if you see the 370z prices matching(or close to matching) the used 350z prices? I know there are certain variables that come into play such as model level, ect. Hopefully in maybe a year, i was wanting to purchase a 2010 or 2009 370z base+sport with low mileage for around 28k drive out?

01-28-2010, 03:59 PM	#20 (permalink)
seecue Base Member Join Date: Jan 2010 Location: Sacramento Posts: 23 Drives: 02 Honda S2000 Rep Power: 17	^sounds like a good plan. Practically the same..

01-28-2010, 04:03 PM	#21 (permalink)
Astrosfan Enthusiast Member Join Date: Jan 2010 Location: houston, TX Posts: 427 Drives: 09 370z PG Sport Rep Power: 17	yea, i'm trying to have no more than $300-350/mo loan.