Quote:
Originally Posted by Cmike2780
That's usually what happens when ANY new model comes along. The first year cars tend to hold higher re-sale values than the last year of the same model. With the 370 though, it has maintained it's value pretty well all things considering. It's a niche car to begin with. Would you expect to pay the same amount for a C7 as a C6 for example? The C6's were getting huge cuts before the C7 were announced. It's 9 years old for Christ sake and plenty of used car inventory to go around. The same can't really be said about the 370z. Relatively speaking, it wasn't anywhere near as successful as the C6 or 350z for that matter. Very few cars actually sold or were made in comparison.
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Good point, the c6 / c7 did have a longer run cycle/ flooded market.
But you can already see 09-10 base sports dropping into low 20's/sub 20 range, not high mileage examples either.
I know they will level out eventually and hold, but the question is at what point will the prices level out. It's not helping that the used/new markets getting flooded with other sporty coupe competitors.
It's not complete chaos though, at least the Z will never suffer the fate of a used mustang... The 11' mustang GT's retailed for 30k, now they are down to sub 20 range.
To sum it all up it's basically not possible to win at this game unless you are buying an F40/F50, or had a mint s2000/nsx example (in that case the value actually appreciated), it's just finding that perfect line if you aren't planning to keep the car forever, there is a good time to unload and a bad time.