Quote:
Originally Posted by Redglare
I wonder what will the new car do the Z34 used car pricing?
If we follow history, when the 09 z34's hit the dealer lot the prices on used 07-08 HR's took a pretty stout hit (going from 23-24k used down to low 20's within a matter of a few month and sub 20's within a year) down to low teens today.
Now that happened because the z34 was an upgrade in everything, interior trim, weight, power etc.
If the z35 delivers the same progression of upgrades (better interior, performance, etc) It would be safe to speculate that the z34 used market would see a 10-15% price drop shortly after release.
A similar phenomenon happened with the release of the C7 and is currently going on, the leftover 13's c6 vettes are sold for massive discounts (talking 15-20k off msrp), which in turn hit the used c6 market, I was tracking ebay C6 prices (similar milage years etc) since the debut of the c7 and noticed a steady decline of total sale price (in the range of 10-20% and dropping)
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In 08 Nissan gave a $5,000 rebate plus some dealers also added a $3,000 discount for a total of $8,000. They thought the 09 z's would just kill the 350 sales. Well the 09 370's did sell well, but the 07/08 hr's kept their price high. Even today, the 08's that are in normal good condition sell between $15/$16k to over $20k. So things might not be so bad for the 370's. Much depends on what Nissan gives us. I'm taking a chance. Just bought a 2012 with 1,100 mileage. Picking it up tomorrow.