Anyone else notice the resale of the 370Z recently went up??

NecioVato

If you have a 2nd car or can go without your current ride for 6+ months. I would say it’s not a bad time to sell. I always seem to be looking for the ‘next best thing’ and so I always wind up at a Carvana site or Carmax to see what the ‘baseline’ is if I were to sell it. Needless to say bc of the current market caused by the chip shortage - I can almost get what I paid for my Z; and considering it has 15k more miles than the last time I checked and I’ve owned it for 3yrs; I have considered it; but I know I will NEED a car afterwards and this one is paid off already so might as well enjoy it vs being on payments for a couple of years with a newer car.

Like you - I just got and installed the Z1 Intakes, the FI CBE and also the FI HFCs. I LOVE it except for the fake engine noise that needs to be disconnected (that is another story); so my advice would be 1. It doesn’t hurt to KNOW what your trade in value would be for Carmax/Carvana - and you can typically do it online, 2. Don’t put on the parts till you know what you want to do - bc selling new vs used - you’ll recoup the money you spent on them bc no wait time. 3. It sounds like you are a true car enthusiast so will you really want to be without a car waiting on something that might be delayed bc of the current market conditions etc?

Like someone said earlier - I think it would be best to wait a few years on the new Z - see what the reviews are like and see how different it is from the current Z. While I am excited about it - I just don’t like the idea of buying the first year of a car - even though it seems like most models go up every year by a little bit haha. Also I’m sure there will be ADM added to this car as well so it might be hard to find MSRP (gotta love the greed of dealerships)

Regardless - good luck

Lvcky69

That's because corvettes have a better resale/holding value. 8 years old c6's with 5K miles per year are still selling for $40k-$45k. Corvette will hold value way more for years to come while German cars depreciate so fast. When the 370z got released, the 350z dropped significantly.

MR.NYC.370Z

I agree with many of the comments here. I'll throw my two cents in too though. Ultimately I think it comes down to how much you value it and why. I personally love my 370z. It's one of my dream cars and I'd had my eyes on it for about 15 years before I was in a wise position to purchase it. So for me I place a high value on it because of the length of my process and what I sacrificed to attain it. I don't plan on selling it. If you value your 370z then keep it and enjoy it (with all of those beautiful modifications that I plan on doing someday soon myself). If you think you'll value the new Z more, then sell your 370z and buy it. If you think you'll value both, then heck have both. Value to me isn't a monetary number. It's all about your happiness, peace, and smiles.

alcheng

not surprised if the value of 370z will go up in the future because it's the last JDM sports car with a NA engine that pump out 300+ hp and stuffed with mechanical elements.

But it could take up to 10 years to see it happened

I feel it's a similar situation to S2K, RX-7, Supra... there's always group of enthusiastics who appreciate the mechanical driving experience/feel and since the 370z is the last one thus its lifespan on the used car market will take a rise some times in the future.

SophiaZ

I love and appreciate everyone’s opinion but one more question...I have my CAI and my FI exhaust and HFCs will be here very shortly. Would you guys opt out on a tune because it will void the cars warranty? My car is only 8 months old and I’m still torn if I should tune/Dyno it. Any help or opinions on that are very welcome

NecioVato

I ‘believe’ you have to add a tune once you add HFCs to get rid of the check engine light; but I’m sure others will chime in. As for the tune, I think as long as you go with a reputable tuner (check out google reviews, check out Yelp along with this forum - you can find lots of info about tuners/installers etc. within the area). Also - you could always do a remote tune and it seems like a lot of people here like Seb. Overall I think a tune opens up the car and basically puts everything together; while there is risk with everything, I feel with this platform-a tune for a FBO Z is pretty safe.

Zingston

Well, kbb is showing i could private party it for 2k$ more at their mid range than i paid for it over 4 yrs ago. LOL! But hey, hmmmmmm...

TobinH

resale value *looks* crazy where I am.

people asking almost 30k for 2-3 year old base model cars. how are you gonna ask msrp for a used car?

no idea if people are actually paying it.

NecioVato

I think some companies like Carmax and Carvana are looking at the long game and figuring a small loss on paying too high on trade in values is better than not paying those prices which will affect them in the long run bc of their overhead (again just my opinion - no expert in the car game haha). Also since everyone is paying a higher price - if you sell your vehicle and then have to buy a vehicle - it’s not like you are saving a lot of money on the deal since everything is inflated. Again - no expert but just my .02.

Ventruck

I think a lot of things in general for starters are just being driven up in value when previously they wouldn't. Literally Pokemon cards had to get lifted from being sold from Target now. Resale/investing has hit some different level of mainstream of sorts. A car dealer could probably be hoarding some of these. If nothing is stopping them from selling new cars far beyond sticker, imagine the manipulation they could have over the more open used market.

I expected the 350z and then the 370z to go in the trend of the 240sx where it sinks to the accessible/budget tier, to then rising in value due to short supply over the years of being eaten up. The nostalgic tint of the 90's JDM is transitioning to the 00's. S2000's and Evo 8/9's leading the way there.

But now with the impending 2030 electric "doom" of sorts, nostalgia, narrowing of sports car selection, and general nature of any material market, the trajectory is changing and speeding up. It's almost as if a successor wasn't coming out (and in all fairness there's still a freak chance that could happen).

There's a lot of people in this community who could've just bought at least a Cayman or C7 — just outright better cars — with the amount of money they dumped into a Japanese sports car, but we're in it for different reasons than that. It's more than just niche now. Just seeing videos and takes of how people have to fork over for something like an S13 in Japan makes me wonder how long until we see that with this car. I don't expect this is going to turn into some circus like an A80 Supra or FD RX-7, though. Just generally, it's going to be at some inflated value that'll be hard to justify.

I'm thinking the current premiums/demand are mainly going to be targeted towards people trying to get their hands on the best examples sooner than later. That + the rock bottom examples that work out for track builds. I have some confidence there's still a good bulk of "I wouldn't pay that much for that condition" examples. We have literally 10+ years of this car scattered around.

datcipher

Just throwing in my 2 cents, I was having my 2019 serviced today and one of the staff came over to compliment me on the car. He was a young guy and an enthusiast - used to own a 180sx.

To my surprise he also said he thought the 370z was going to go way up in value.

Personally, I have no idea! lol.

gbrettin

370z has had way lower production numbers compared to the 350z. Let's say... inexperienced drivers have been totaling their cares frequently (I see it every day on Facebook). Another group of drivers are trashing their 370z cars because they are the 3rd/4th/5th owners, so a certain segment of cars are clapped out. Lastly, the 370z is one of the last analogue cars out there.

The writing is on the wall and will go up in value. The current market is a bubble and I don't anticipate things taking off just yet.

2009 13,117
2010 10,215
2011 7,328
2012 7,891
2013 6,561
2014 7,199
2015 7,391
2016 5,913
2017 4,614
2018 3,468
2019 2,384
2020 1,955
2021 28

https://www.goodcarbadcar.net/nissan...sales-figures/

gbrettin

Tune it. Warranty isn't sh1t IMO

viiv

This is a huge reason sports cars have higher resale values than other segments. Tons get lost to accidents. It's the nature of the beast.

markesc

They've simply added money to the system, thus lowering the value of money; There's a flight to tangible assets: cars, houses, gold/commodities/etc. Combine that with relaxed lending standards: anyone can run out and get a car loan even with garbage credit, and credit unions willing to go 84+ months on older vehicles = higher prices. Throw on top just for fun the alleged "chip shortage" and poof!!

The gov't does a wonderful job of cooking the books so that real inflation numbers look lower than what they actually are.

The goal here is the US Gov't has a ton of debt (due to poor priorities, which don't include YOU or anyone else that's chosen to live responsibly!!!) = cheapen the money = cheapen the cost of debt.

Anyone truly interested in this topic would enjoy watching some of George Gammon and his whiteboard and somewhat comedic approach:

https://www.youtube.com/watch?v=5l-HCaHQw2M

He's one of the few that understand the power, and haphazard consequences on everyone due to the actions of the federal reserve (I know I Know, it's really BORING material, but it affects everything).

Sadly, when voters are presented with TWO options:

A) "Free stuff"

or

B) Work sucks, but get used to it and go get yours

Voters tend to vote for option A, and just look at the 9,270,000 available jobs, highest ever recorded! Great if you're trying to be popular, get elected, win votes, but ultimately it's unsustainable and the gov't/fed/banks/corporations get to pick the winners and losers, and lets just say, you're not on the list of people that are going to win unless you already hold assets prior to when the mass inflation hit. For most people they're going to see barely rising wages, but a HUGE cut in purchasing power, but everyone can "FEEL" good because they got stimulus money. Ya know, the Feez over Realz crowd.

Both the Federal Reserve and Gov't has painted themselves into a corner from a fiscal and monetary policy perspective. Eventually inflation will be undeniably high, and the gov't won't be able to cook the books anymore, so that the Fed will be forced to raise rates ( See: https://www.cnbc.com/2021/06/07/the-...purchases.html ) , and big daddy gov't will cut everyone off unless you fall into the "special" category ( that's really what people are battling over because they want free ____ ). Then all the moratoriums will end, and BOOM = Now you finally let price discovery occur and there's gonna be a lot of pain n suffering.

But not all is lost, because people want to "FEEL" that things are great, so you'll continue to see pushed by popular media: "EVERYTHING IS FINE!!!" and new alien sightings, anything to distract the masses from what is actually occurring:


1) Corporate monopolization of even bigger supply chains and various sectors of the economy

2) Politicians pretending to care while helping to facilitate the sell of assets to foreign "investors"

3) People bickering as the ship is sinking on who should get the few scraps left behind (that's going on now, hence the 456 versions of victim hierarchal debates).

4) Big players like China just waiting, licking their chops and ready to make a move.

5) Increase in mass homelessness and eventual deflation occurring in certain sectors, whereby big capital investment firms will swoop in to buy assets on the cheap.

6) Rentership society - Go research the really nice people at Blackrock, buying up entire neighborhoods - monopoly game 101. While some would argue economies of scale can lead to lower prices, in these cases it's higher prices, worse quality, race to the bottom from a living standards perspective.

7) More of this: "The Company IS your family" = "I love working 80 hours a week" Nonsense pushed by the sellout sociopaths whom have risen to the top in many corporations. Because, eventually one day we're all going to be on our death beds just wishing: "Wow, I wish I would have worked even MORE hours for those shareholders" not: "Wow, I wish I would have spent more time watching my kids grow up, with my family, etc.."

Just my "opinion" but that's what IS going on. Not what anyone wants to hear, cuz we're now in a FEELINGS based society..

So here's the feelings based version: "Everything is fine maaaaan".

Here's the rational / fact based version: Regardless of where anyone falls on the socioeconomic or political spectrum, the majority of people are going to see lower living standards on our little joyride to corporate rulership. and the best part about it: You HAVE to participate in order to survive. Opting out isn't an option. Genius really. This is why most want the blue pill, it's easier and pacifying.