View Single Post
Old 08-04-2009, 09:48 AM   #7 (permalink)
Jaws12
Base Member
 
Jaws12's Avatar
 
Join Date: Jul 2009
Location: New Jersey
Posts: 31
Drives: 09 Nissan 370Z
Rep Power: 16
Jaws12 is on a distinguished road
Default

I was speaking to a friend of mine that owns a few dealerships. We were talking about how the cash for clunkers program is really helping business.

We spoke about the Z and he said the market for the Z is so soft at this time.

He pulled up Manheim reports showing that fully loaded Z (touring, sport, nav) were going for between $28k - $31k. These cars had less than 100 miles on the clock.

I was surprised. Depreciation is pretty steep when the market for sports cars is soft.
__________________
2009 370Z Touring, Sport, 7AT, Mats, Splash Guards,Leguna Blue/Black
Jaws12 is offline   Reply With Quote