Nissan 370Z Forum  

Reached 17,000 in 6 months

Originally Posted by 370Zsteve That's crazy. Terrible financial decision, drive the beater. Cars are not financial investments. Drive the thing! Why pay for car, title, insurance, etc to leave it

Go Back   Nissan 370Z Forum > Nissan 370Z General Area > Nissan 370Z General Discussions


Reply
 
LinkBack Thread Tools Display Modes
Old 12-10-2009, 05:19 AM   #1 (permalink)
Base Member
 
Island_370's Avatar
 
Join Date: Jun 2009
Location: Puerto Rico
Posts: 228
Drives: 09 Nissan 370Z SR M6
Rep Power: 16
Island_370 is on a distinguished road
Default

Quote:
Originally Posted by 370Zsteve View Post
That's crazy. Terrible financial decision, drive the beater.
Cars are not financial investments. Drive the thing! Why pay for car, title, insurance, etc to leave it in the garage. Sorry, the Z is not expensive and depreciation is not that significant.

In 4 years it will be worth mid teens. low teens with high mileage. So he would be saving ~$500 to $1000 a year by leaving it in the garage? Not worth it to me.

just my $0.02....
__________________
Autobahn Country Club (North and South Tracks), Blackhawk Farms, Grattan, Gingerman, Mid-Ohio, Putnam Park, Road America, Sears Point, Thunderhill, VIR and "The Ring"
Island_370 is offline   Reply With Quote
Old 12-10-2009, 05:24 AM   #2 (permalink)
A True Z Fanatic
 
370Zsteve's Avatar
 
Join Date: Sep 2009
Location: Gold Coast CT
Posts: 10,599
Drives: 2019 Corvette G.S.
Rep Power: 43
370Zsteve has a reputation beyond repute370Zsteve has a reputation beyond repute370Zsteve has a reputation beyond repute370Zsteve has a reputation beyond repute370Zsteve has a reputation beyond repute370Zsteve has a reputation beyond repute370Zsteve has a reputation beyond repute370Zsteve has a reputation beyond repute370Zsteve has a reputation beyond repute370Zsteve has a reputation beyond repute370Zsteve has a reputation beyond repute
Default

Quote:
Originally Posted by Island_370 View Post
Cars are not financial investments. Drive the thing! Why pay for car, title, insurance, etc to leave it in the garage. Sorry, the Z is not expensive and depreciation is not that significant.

In 4 years it will be worth mid teens. low teens with high mileage. So he would be saving ~$500 to $1000 a year by leaving it in the garage? Not worth it to me.

just my $0.02....
It all depends on whether or not he can afford to replace it. 34k miles/year, the car will be worthless in no time. Depreciation is not significant? On what planet? If you think his car will only be worth $4k less with over 130k on the odo, think again.
__________________
SOLD MY Z MARCH 2018 - another Core OG moves on - new ride 2019 Z Corvette Grand Sport - no mods necessary but already have eyes on HFC and intakes LOL IT NEVER ENDS.
370Zsteve is offline   Reply With Quote
Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Six months in imag Nissan 370Z General Discussions 33 11-13-2009 10:41 AM
Finally...... After 5 months WShade New 370Z Owner 7 05-28-2009 01:01 AM
7 Months away... graduation New Forum Member 1 05-11-2009 12:03 PM
Finally After 4 Months meditate Nissan 370Z General Discussions 1 03-31-2009 11:34 PM


All times are GMT -5. The time now is 10:35 PM.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.6.0 PL2