Trying to get a 370z by March and wondering...

TL370Z

So I'm looking to get a 370z by March and wondering how much it would cost for a base model 2009 w/possibly 5-10k miles on it?

I'll have about 12k + my 6k car tradein (i'm estimating that it'll be 6k) so 18k downpayment and the rest i'll be financing. what do you guys think?

areyouin729

i think you would get more in a trade in for a new 370Z so it would kinda be a wash

TL370Z

what do you mean by 'wash'?

theDreamer

Meaning, buy a new 2010 then a used 2009.
The 2009 went for basically invoice and people have already put orders in for 2010 at invoice. Dealerships are make good deals on these, 2010 base 6MT with sport package might (I say might because we do not have 100% numbers yet) go for 32,000 invoice (plus add TTL). You could probably get a slightly used base model 2009 for around mid 20s by March.

__________________
theDreamer's Z // Fast Intentions // Uprev // GTM // HKS // TEIN
theDreamer's Silvia // URAS // GREDDY
Houston Zs // Facebook // Twitter // Instagram

TL370Z

well a used 2009 for mid 20s instead of a new 2010 for 32k, that's a pretty big diff eh?

theDreamer

I guess it all depends on what you are looking at.

~18k down payment (estimated)
~How much value is a new car to you?
~Do you like or want a loan of X value (X equaling 14k or 7k)

There are more variables but your best bet is to watch the market come this fall at used 370z and also how well the new 370z sell for. My next spring the new 370z might be selling for 2k over invoice only and the used 370z market might be buyers dream.

__________________
theDreamer's Z // Fast Intentions // Uprev // GTM // HKS // TEIN
theDreamer's Silvia // URAS // GREDDY
Houston Zs // Facebook // Twitter // Instagram

TL370Z

i don't understand the invoice thing? i'm new to this =P sorry lol

theDreamer

Invoice is the price a dealership pays for a car, MSRP is the manufacture suggested retail price. Many times people will say I paid invoice or I paid X under MSRP.
This link is a great start of what a new car will cost you before TTL.
2009 invoice pricing

New v. used is a tough debate, you will have to weight all the options when it comes time to buy your car.

__________________
theDreamer's Z // Fast Intentions // Uprev // GTM // HKS // TEIN
theDreamer's Silvia // URAS // GREDDY
Houston Zs // Facebook // Twitter // Instagram

TL370Z

well if i can save 7k from getting a used 09 370z when it has about 5k-10k miles on it, not too bad imo...

theDreamer

Then your best move it to scour the used market come Feb. and start finding the deals and setting up a loan & trade in for your current car.

__________________
theDreamer's Z // Fast Intentions // Uprev // GTM // HKS // TEIN
theDreamer's Silvia // URAS // GREDDY
Houston Zs // Facebook // Twitter // Instagram

TL370Z

considering the fact that they have been declining in sales due to the harsh economy, i believe that buying a year old car is more effective than buying a brand new one. the depreciation value skyrockets eh??

theDreamer

Yes and no, price can fall quickly but if a car is rare it could also hold value because of limited supply. Now with the economy and the current "green movement" many sporty cars with low MPG are being hit even if they are rare so there are many factors.

__________________
theDreamer's Z // Fast Intentions // Uprev // GTM // HKS // TEIN
theDreamer's Silvia // URAS // GREDDY
Houston Zs // Facebook // Twitter // Instagram

edeeZee

Look at the Kelley Blue Book, e.g. if a 1-yr old 350z i.e. a 2008 model costs $35,000 new, and with 10,000 miles or less retails for $28,000, then do the math. 28,000/35,000 = .80, then it depreciated 20%. Thus for a base 370, take off 20%.

This is just a speculation, no exact science here.

cjof2003

20%? Ouch, I may definitely have to look into this route. 7k-8k is not worth it to me. Not when 10,000 is really rather new still.

TL370Z

exactly, thats what i'm talking about dude