Nissan 370Z Forum

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-   Nissan 370Z Pricing / Ordering Discussions (http://www.the370z.com/nissan-370z-pricing-ordering-discussions/)
-   -   2014 Zs are up online (http://www.the370z.com/nissan-370z-pricing-ordering-discussions/74429-2014-zs-up-online.html)

peleincubus 07-26-2013 09:22 AM

Quote:

Originally Posted by Z_ealot (Post 2419582)
as said before by a few other people, i think it has more to do with the exchange rate when it comes to the Z as the Z is exclusively made in japan and with how much the yen has come down it has made it alot cheaper for many manufacturers to produce goods for export there which would translate to the pretty significant price cut that we are now seeing on the 2014 Z compared to the 2013. having looked at the 2013 invoice price over at truecars i can already tell you that they are already well below the invoice on the 2013's with the way the 2014's are priced now on the order of around $2,000 below the invoice on a 2013 so it's kind of a question mark at this point as far as negotiating down to invoice price on the 2014's, but i will let everyone know when i get the invoice price from the dealer my 2014 is being shipped to :)

Sweet yeah let us know. I'm getting mine in about 1-2 months. And I would like to know the typical price.

The only difference I noticed looking at the site for 2014's was the shifter looks different for the auto.

peleincubus 07-26-2013 09:27 AM

Quote:

Originally Posted by peleincubus (Post 2419832)
Sweet yeah let us know. I'm getting mine in about 1-2 months. And I would like to know the typical price.

The only difference I noticed looking at the site for 2014's was the shifter looks different for the auto.

Never mind I think it is actually the same. Probably need more sleep : /

Tree70 07-26-2013 10:08 AM

I hope they drop the prices of the 2013's to match.
Who is going to want to buy an older car for more $$$.
How will they get rid of them?

roy'sz 07-26-2013 10:11 AM

Quote:

Originally Posted by italy3541 (Post 2419814)
Honestly yes I don't like the car as much now. Basicly it left a bad taste in my mouth. How can u be excited about a purchase when u just found out its value got killed. If I was rich it prob wouldn't bother me. But I work my azz off for the things I have and it just ruins the fun when u loose that much that fast.

I'll be honest with you. When I bought my car in 2011 I had it for 6-12 months and started to dislike it. Due to the fact that its a dd I was goodwilled the oil cooler from Nissan. Then I put on the front camber arms to extend the life of the tires. That was what really ticked me off from Nissan's engineering team. Then I got the green light from my wife for the cbe, and high flow cats. Couple of months later I got the gen 3's and the motordyne. Soon I got my tune and honestly I am more happier with the way this car performs, looks, and sounds then ever! I no longer have that bad taste in my mouth, I just learned how to fix the car to where I am happy with it. Im not saying this will help for you bro, but try not to get upset over a couple of grand. Honestly you wouldn't see it at the trade in anyways, no one ever gives you your actual worth in a trade in.

enkei2k 07-26-2013 10:22 AM

Quote:

Originally Posted by DEpointfive0 (Post 2419782)
I really can't believe they lowered the prices here in the US. As I said before, the Americans are crazy, they'll go with pitchforks and rifles to corporate and start hell if they were just told that their car lost resale value overnight

:icon18:

This is why I love 'Murica!

I'd have to agree with Chuck in this whole agreement. When you bought your 2013 a few months ago, of course 2014 models were due to arrive soon. Should have played the waiting game and see what happened. That's what I did when I got my 2012. Waited to see what changes were in store for the 2013 and if I liked the changes, I get a 2013, if I didn't like the changes, get a 2012.

But you signed the contract agreeing to the price what you thought was fair for a 2013 model.

Lots of companies lower prices for newer models (think maybe like $500 bucks or so, never seen a $4k reduction)

Chuck33079 07-26-2013 10:25 AM

I really hope they offer something to the people who bought a 2013. It would be the best thing they could do from a PR standpoint. I just don't think it will happen.

cheshirecat 07-26-2013 10:33 AM

Quote:

Originally Posted by Chuck33079 (Post 2419781)
Good luck with that. I'd be shocked if you get a dime from Nissan. They have no control over monetary policy in Japan.

While the devaluation of the Yen does definitely play into it, the cut is also part of Nissan's strategy to break 10% total market share in the US.

It's tough to swallow these kinds of price breaks when you've just made the purchase, but sometimes things like this happen.

For those saying they've just lost $4k, no, you haven't. Your eventual difference in resale once you get rid of the vehicle isn't going to come anywhere close to that number.

I understand the frustration, but lets at least try to be realistic here.

I'm hoping Nissan offers some kind of free maintenance plan to help compensate 2013 owners.

Chuck33079 07-26-2013 10:42 AM

Quote:

Originally Posted by cheshirecat (Post 2419966)
I'm hoping Nissan offers some kind of free maintenance plan to help compensate 2013 owners.

That's about what I would expect if they get anything.

italy3541 07-26-2013 10:46 AM

So lets add fuel to the fire. I just got off the phone with the dealer I got mine from. He told me the price change was across the board of their model line. Ranging from $1500-4000. He said that Nissan gave a credit/refund to all dealer existing inventory so they can sell everything at the new prices. So Nissan gave their dealers the money back but not the customers.... That is bulllshit total bulllshit. He also told me there is a new VP of North American sales and he is the one who did te price changes. These prices were put into effect sometime in June on most models.

Chuck33079 07-26-2013 10:48 AM

Then the issue becomes the dealer's problem, not Nissan's. The dealers were the ones who got the refund, and then got paid extra when selling the car. They should have lowered their price as well, but it's never a surprise when a dealer tries to screw someone for a little extra profit.

ElVee 07-26-2013 10:50 AM

Sucks that I could have waited and saved several grand, but that's how life rolls. You can second-guess almost every decision (except inflation) and hate what you have/are now, because you could have done it better with what you know now. But that's a huge waste of potential happiness.

I'm cool with it. Sure I lost some resale value, but (story untold) I dropped resale value on my Z on my own anyway. Then again, I don't flip cars; I drive them until I move on, so any change in price/value really doesn't affect my happiness in the moment.

(Read wrong, I sound like a preachy douche. I can just say, that's not my intention...)

italy3541 07-26-2013 10:52 AM

Quote:

Originally Posted by Chuck33079 (Post 2419992)
Then the issue becomes the dealer's problem, not Nissan's. The dealers were the ones who got the refund, and then got paid extra when selling the car. They should have lowered their price as well, but it's never a surprise when a dealer tries to screw someone for a little extra profit.

From what I was told it was on all current inventory. So basically they creditors the dealer the difference in msrp on all 2013 sometime in June

Mt Tam I am 07-26-2013 11:00 AM

Quote:

Originally Posted by italy3541 (Post 2419042)
Does this piss anyone else off?? I bought my 2013 in march now granted I beat the dealer up and got them to $32000 for a sport, but still.. I can only imagine how low I could have gotten them if the starting price was $33000 instead of $37000.......

Quote:

Originally Posted by Chuck33079 (Post 2419789)
This reminds me of the class action suit someone tried to start against Apple when they cut the price for the iPhone a few years back. Same argument. "I just bought mine at the old price, and the new price is cheaper". The case didn't hold up. I'm not arguing that it doesn't suck, I'm just pointing out there's very little chance of there being any kind of restitution.

:iagree:

Sorry for your timing and good luck with Nissan.

We make the best decision with the facts present. You worked the best deal but a week later the facts changed. This stinks but welcome to investment.

I bought a stock that was the right decision Thursday and down $40,000 on Monday. A whole car. It is just the way it is. Comfort yourself with the knowledge you did all you could. :tiphat:

peleincubus 07-26-2013 11:06 AM

Quote:

Originally Posted by Mt Tam I am (Post 2420016)
:iagree:

Sorry for your timing and good luck with Nissan.

We make the best decision with the facts present. You worked the best deal but a week later the facts changed. This stinks but welcome to investment.

I bought a stock that was the right decision Thursday and down $40,000 on Monday. A whole car. It is just the way it is. Comfort yourself with the knowledge you did all you could. :tiphat:

I was beating my self up a few weeks ago when leap wireless tripled over night. I sold it 2 days prior. Sigh

italy3541 07-26-2013 11:19 AM

I wonder if contacting a local news channel would help or if they would even care about doing a spot on it.

enkei2k 07-26-2013 11:21 AM

Quote:

Originally Posted by italy3541 (Post 2420079)
I wonder if contacting a local news channel would help or if they would even care about doing a spot on it.

You're really blowing this out of proportion.

italy3541 07-26-2013 11:22 AM

That's what I do.

enkei2k 07-26-2013 11:27 AM

Quote:

Originally Posted by italy3541 (Post 2420090)
That's what I do.

Lol, I feel for you, really but a car is an investment.

Think if you paid $500 for Google stock and then the next day, it crashes down to $50, will people go crazy asking for a refund?




Sadly, yes they probably will. American mindset these days. It's always someone else's fault but their own.

italy3541 07-26-2013 11:28 AM

Not really the same thing. This was a decision made by cooperate people. Not a chance of the stock market.

Chuck33079 07-26-2013 11:29 AM

Quote:

Originally Posted by italy3541 (Post 2420079)
I wonder if contacting a local news channel would help or if they would even care about doing a spot on it.

It wouldn't help at all. Nissan is under no obligation to do anything for you. You bought the car at a lower than msrp price that you felt good about at the time, and they sold you the car. That's the end of the transaction. It really sucks that the price changed, but things change between model years. That's life.

italy3541 07-26-2013 11:31 AM

Quote:

Originally Posted by Chuck33079 (Post 2420112)
It wouldn't help at all. Nissan is under no obligation to do anything for you. You bought the car at a lower than msrp price that you felt good about at the time, and they sold you the car. That's the end of the transaction. It really sucks that the price changed, but things change between model years. That's life.

Trust me I get what u are saying. But it's easy for u to say it when it's not ur money. If they have the dealers the difference in msrp then y not give to the customers? I mean dealers get enough of our money y do they get reimbursed and not us?

Chuck33079 07-26-2013 11:35 AM

THe only thing you're affected by is potentially the resale value. You bought your car below the new MSRP. There's no guarantee that you would have been able to get the same deal on a 2014, so you can't really say I would have only paid X for a new one. Nissan refunded the dealers because the dealers pay Nissan. You pay the dealer. They have to buy the car in order to sell it to you.

italy3541 07-26-2013 11:37 AM

The dealer still got their money back on cars that they had pre purchased from Nissan. So what they got is no different than what I'm asking for. Same principal. It doesn't have to be the full amount but they need to do something. A voucher towards my next purchase money off what I owe on mine anything.

b15 07-26-2013 11:52 AM

Quote:

Originally Posted by enkei2k (Post 2420086)
You're really blowing this out of proportion.

x1000.

Do you know how the free market works? Do you ever invest in the stock market? (I sure hope not) I don't understand why you are so worried about resale value. Do you plan on selling your car tomorrow? That's the risk you take buying new and something you have to learn to stomach.

While I commend you for trying (never hurts right?), I don't think you'll get very far. They don't NEED to do anything. YOU agreed to buy the car for that price. When you buy a TV and a few months later it goes on sale, do you call up the manufacturer and store and demand some compensation because you paid a higher price? A bit ridiculous don't you think? As far as the Mfg to dealer incentives- the dealer doesn't have to pass this along to the customer. It's a business after all and if they can sell for a higher price and profit, why not?

Drex 07-26-2013 11:58 AM

italy you have to look at your car purchase as a sunk cost. choosing to sell it now because the price of 2014s is lower than when you purchased your 2013 is not rational. other factors such as depreciation hit when selling, potential to be upside-down on your current loan, cost of purchasing a different car, etc. are far more important.

Sunk costs - Wikipedia, the free encyclopedia

Quote:

In traditional microeconomic theory, only prospective (future) costs are relevant to an investment decision. Traditional economics proposes that economic actors should not let sunk costs influence their decisions. Doing so would not be rationally assessing a decision exclusively on its own merits. Alternatively, a decision-maker might make rational decisions according to their own incentives, outside of efficiency or profitability. This is considered to be an incentive problem and is distinct from a sunk cost problem.

Evidence from behavioral economics suggests this theory fails to predict real-world behavior. Sunk costs do, in fact, influence actors' decisions because humans are prone to loss aversion and framing effects. In light of such cognitive quirks, it is unsurprising that people frequently fail to behave in ways that economists deem "rational."

Sunk costs should not affect the rational decision-maker's best choice.

SS_Firehawk 07-26-2013 12:03 PM

Frankly I find people complaining about the price drop pathetic. You all obviously saw the value in it in the price you paid for. I doubt most even looked at the resale value before the purchased. Not only that, but trying to get money back is even more ridiculous. So example, Italy, since he's so vocal about it; He bought his base sport Z for $32k. The retail listing is about $37k and change. If he got all the mats, mud spats, glowey Z door thing, w/e, the true market price is the average selling price of each new vehicle with those particular options. Frankly, I bought my car for $32k and change, it's a base/sport in 2011. Logic tells me, the new selling price is in line with what we both thought it should be. I don't see how anyone's argument about devaluation is going to stick. For anyone to bjtch and moan about it because they thought they got a screaming deal and loved it, to turn around and say they wanna get rid of it after it took this claimed depreciation hit, is an idiot. People doing this will only lose more money and it will not matter how "pretty" you sit, if there wasn't a hefty deposit dropped, chances you are upside down are high. Not only that, factor in the miles put on, it's pretty much guaranteed you will still be paying out of pocket. It's short sightedness of the whole picture. The way I see it, you did not buy this car "Because Race Car", because if you did, you wouldn't be complaining about the money you really didn't lose.

Infidel 07-26-2013 12:03 PM

I just ate a $3k sh*t sandwich, this will be last Nissan I purchase and I will steer other buyers away the best I can. If that's the only satisfaction I get than so be it.

DI*K MOVE NISSAN

b15 07-26-2013 12:09 PM

Quote:

Originally Posted by Infidel (Post 2420146)
I just ate a $3k sh*t sandwich, this will be last Nissan I purchase and I will steer other buyers away the best I can. If that's the only satisfaction I get than so be it.

DI*K MOVE NISSAN

You should sell your Z right away as well. Show Nissan who's boss :ugh2:

Yeah it sucks, and I can sympathize with the consumer. But these irrational comments lack a real understanding of basic business concepts

ShutokuZ 07-26-2013 12:12 PM

I leased my 13 and got a great price on it. I am in love with the car, no mater the price since I am the one who chose to buy it, and sign the contract. I could have waited, but it was my choice not too (although I got it Oct of last year). Just like buying a plane ticket to Hawaii. In the winter, the prices go up, in the summer the prices go down. I buy a plane ticket knowing the price might go down, but I still enjoy the trip anyways!

italy3541 07-26-2013 12:13 PM

Quote:

Originally Posted by b15 (Post 2420138)
x1000.

Do you know how the free market works? Do you ever invest in the stock market? (I sure hope not) I don't understand why you are so worried about resale value. Do you plan on selling your car tomorrow? That's the risk you take buying new and something you have to learn to stomach.

While I commend you for trying (never hurts right?), I don't think you'll get very far. They don't NEED to do anything. YOU agreed to buy the car for that price. When you buy a TV and a few months later it goes on sale, do you call up the manufacturer and store and demand some compensation because you paid a higher price? A bit ridiculous don't you think? As far as the Mfg to dealer incentives- the dealer doesn't have to pass this along to the customer. It's a business after all and if they can sell for a higher price and profit, why not?

It's not ridiculous, as for the tv comment. That's why most stores have price match. If it goes on sale or a competitor sells it for less they reimburse you the difference. As for do I plan to sell the car. Yes I never keep cars long. I'm always buying and selling them. So resale value is important. I planned on keeping this z till the next version came out then buy that. By them dropping the price the way they did it puts anyone who bought their car this year in a huge hole. A hole that was not there when they made the purchase. If u ask most people would you buy this car at that same price knowing that its gonna loose that much value most people would not buy. I understand depreciation and how it works this z is my 36th car. Basicly they changed all the factors of the cars pricing and what it's worth and for those of us who have done a recent purchase took the loss. Which I'm not ok with. So I will do what I can to recoupe what I have lost. As I said before it was a cooperate decision to change the price. Would you go buy a z for $37000 right now? Of course not nobody would. If u had my car for a year or more then I prob wouldn't be as mad. But it's been a few months and I'm not ok with it. U dont have to agree with me on it. But it's how I feel and I will do my best to get what I think is right. I would o into more detail but I'm doing this from my phone at work and its a pain to try n type long responses

Chuck33079 07-26-2013 12:16 PM

Quote:

Originally Posted by italy3541 (Post 2420166)
That's why most stores have price match. If it goes on sale or a competitor sells it for less they reimburse you the difference.

Oh, for ***** sake. Price matching? On a car?

And if you're concerned about losing money while trading cars every two years, you should lease.

italy3541 07-26-2013 12:18 PM

Quote:

Originally Posted by Chuck33079 (Post 2420169)
Oh, for ***** sake. Price matching? On a car?

And if you're concerned about losing money while trading cars every two years, you should lease.

I didn't say price match on a car. He brought up the tv thing so I brought up price match on a tv. Don't twist my words.

2sl0w 07-26-2013 12:19 PM

Quote:

Originally Posted by Infidel (Post 2420146)
I just ate a $3k sh*t sandwich, this will be last Nissan I purchase and I will steer other buyers away the best I can. If that's the only satisfaction I get than so be it.

DI*K MOVE NISSAN

I'm not saying I wouldn't be pissed if I just bought a 2013... But it is always a gamble buying a car late in the year with new inventory rolling in.

However, with this lower price maybe more z's will sell. Its always a good thing to have more z drivers. It makes Nissan keep up development. It reduces our costs on aftermarket parts over time as well.

In the end the 370z has held its value well just as the 350z has. Low production and a semi high crash rate keep them rare. I highly doubt the 2014 price drop is going to effect the value of these cars used in then long run. Now 2015 new z comes out at a lower price point with more performance? Then we have problems LoL.

Sent from my SAMSUNG-SGH-I717 using Tapatalk 2

b15 07-26-2013 12:21 PM

Quote:

Originally Posted by italy3541 (Post 2420166)
It's not ridiculous, as for the tv comment. That's why most stores have price match. If it goes on sale or a competitor sells it for less they reimburse you the difference. As for do I plan to sell the car. Yes I never keep cars long. I'm always buying and selling them. So resale value is important. I planned on keeping this z till the next version came out then buy that. By them dropping the price the way they did it puts anyone who bought their car this year in a huge hole. A hole that was not there when they made the purchase. If u ask most people would you buy this car at that same price knowing that its gonna loose that much value most people would not buy. I understand depreciation and how it works this z is my 36th car. Basicly they changed all the factors of the cars pricing and what it's worth and for those of us who have done a recent purchase took the loss. Which I'm not ok with. So I will do what I can to recoupe what I have lost. As I said before it was a cooperate decision to change the price. Would you go buy a z for $37000 right now? Of course not nobody would. If u had my car for a year or more then I prob wouldn't be as mad. But it's been a few months and I'm not ok with it. U dont have to agree with me on it. But it's how I feel and I will do my best to get what I think is right. I would o into more detail but I'm doing this from my phone at work and its a pain to try n type long responses

Here's my take on this and I'm done after this:

If you buy and resell, why are you buying new and taking the depreciation hit? 36 cars or not, that's not a very good business model. Secondly, yesterday, $37,000 for a Z may have been a good deal. Obviously it isn't today. That's the risk you take. I would be upset too, but you take things to a ridiculous level. Do you sit and second guess every dollar you spend like this?

Quote:

Originally Posted by italy3541 (Post 2420170)
I didn't say price match on a car. He brought up the tv thing so I brought up price match on a tv. Don't twist my words.

I don't think you understand this concept either. Price matching is at the time of purchase or very shortly thereafter. Are you telling me you call up a store months later, after the TV has been in use, and demand price matching if it goes on sale?

Chuck33079 07-26-2013 12:23 PM

Quote:

Originally Posted by b15 (Post 2420177)
If you buy and resell, why are you buying new and taking the depreciation hit? 36 cars or not, that's not a very good business model.

This. You've pissed away far more than the difference in resale you "lost" on your 2013.

b15 07-26-2013 12:26 PM

Quote:

Originally Posted by Chuck33079 (Post 2420182)
This. You've pissed away far more than the difference in resale you "lost" on your 2013.

Exactly. The second you signed those papers, your 2013 (or any new car) lost thousands in value. You could drive it down the street and trade it in 5mins later and not get back what you just agreed to buy it for.

italy3541 07-26-2013 12:31 PM

Quote:

Originally Posted by b15 (Post 2420177)
Here's my take on this and I'm done after this:

If you buy and resell, why are you buying new and taking the depreciation hit? 36 cars or not, that's not a very good business model. Secondly, yesterday, $37,000 for a Z may have been a good deal. Obviously it isn't today. Do you sit and second guess every dollar you spend like this?

Also price matching is at the time of purchase or very shortly thereafter. Are you telling me you call up a store months later, after the TV has been in use, and demand price matching if it goes on sale?

I don't buy and resell. I buy what I like then if something else come along I will go and get that. Knowing I am this way I always search for the best deal. Going back and forth to different dealers getting them to beat eachother price till I get to a pint where they won't go any further. By doing this I minimize the loss when I go for the next car. So I take Into account depreciation when I'm making my deals. Yes I do loose money sometimes. Not a ton. It all depends on how bad the dealer wants to sell the car. This current z I bought I spent a month going back and forth to may dealerships to get the deal I wanted. I was pleased with my buy. Now I'm not because they changed the factors.

As for the tv thing. Certain stores will price match up to a year after purchase. I don't wanna talk about tv's I was just responding to a comment made by someone else.

Yes I watch every dollar I spend. And yes I go nuts looking over my purchases. I flip houses as a side business and you have to watch every penny and make up every cent you can wherever you can. I'm not rich and spending large amounts of money on things isn't something I just do for fun. Like most of us I have to finance my cars. So I have to get the best deal possible. I wouldn't care about the price change if they did changes to the car. The fact is they changes nothing they just made it cheaper which now screwed us who just bought.

Infidel 07-26-2013 12:31 PM

Quote:

Originally Posted by b15 (Post 2420161)
You should sell your Z right away as well. Show Nissan who's boss :ugh2:

Yeah it sucks, and I can sympathize with the consumer. But these irrational comments lack a real understanding of basic business concepts

I'm not trying to show anyone who's boss. It's my reaction to a DI*K MOVE by a manufacturer. If YOU bought a new car and the next day it was $3k less you would be pissed at some level and maybe to the point of swearing off the brand forever....nothing irrational about it. It's just a manufacturer that decided to say 'to hell' to a few customers in hopes of making it up with more new customers. If Nissan were to do this year after year they would go out of business, there's a "real understanding of basic business concepts" for ya! :icon23:

b15 07-26-2013 12:35 PM

Quote:

Originally Posted by Infidel (Post 2420202)
I'm not trying to show anyone who's boss. It's my reaction to a DI*K MOVE by a manufacturer. If YOU bought a new car and the next day it was $3k less you would be pissed at some level and maybe to the point of swearing off the brand forever....nothing irrational about it. It's just a manufacturer that decided to say 'to hell' to a few customers in hopes of making it up with more new customers. If Nissan were to do this year after year they would go out of business, there's a "real understanding of basic business concepts" for ya! :icon23:

Yes, I would be upset. No, I wouldn't swear them off because I buy what I like for what I think is a good price at that exact moment in time. No one can predict the future.

And no, they wouldn't go out of business. Sounds like you need this :rolleyes:

http://img1.imagesbn.com/p/978047012...2_s260x420.JPG

Chuck33079 07-26-2013 12:35 PM

The z doesn't sell for ****. If they alienate every 2013 purchaser that might be 10k people. They're trying to boost sales of zs, and a lower price will do that. The 370 has been a sales failure. We've complained for years that the price isn't in line with the performance. Now they've reduced the price. It sucks for people who just bought the car, but in order for the z to continue to exist they have to sell more.


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