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Old 05-11-2010, 10:32 AM   #22 (permalink)
nitromt
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Quote:
Originally Posted by alestex View Post
Hello,

Brand new to 370z. Caught the fever for one about a week ago. Amazed at this great car...now I need to find the right one.

I've decided the Platinum Graphite is the color for me. Found an '09 Touring model with pretty high miles...35k. Of course the dealer (non Nissan) says it was highway by an older person (surprised?).

Asking price is <$28k.

Question is: Good deal/buy or Keep looking?

Thanks for your help!

I would say keep looking. Your optimal pricing time range is after September 2009. That's when you will save the greatest amount of money for a couple reasons.

1. Season adjustments as dealers try to get rid of their 2010 models to make way for 2011 models. Incentives on 2010 models put severe downward pressure of used car purchases, especially for vehicles that cost > $30,000 brand new.

2. Cars lose most of their values within the first 3 years. 2009 MY goes from a 2 year old vehicle to a 3 year old model the day and month 2011 MY is introduced. (2009, 2010, 2011).

3. The next couple of months the 370Z will be facing stiff competition. Ford is releasing their 2011 Mustang GT early and it's definitely a worthy competitor to the 370Z while being less expensive. There will be some cross-shopping on some level and when you factor in the volume that the Ford Mustang is going to be sold on, it'll definitely add to the supply of 2 door coupe/sports car on the market. All manufacturers will be facing increased price competition and incentives will eventually trickle down when demand is not meeting the great supply.

Last edited by nitromt; 05-11-2010 at 10:36 AM.
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