Great News for 370Z owners resale value with official pricing announced for the new Z
 

With these prices, there won't be any downwards pressure on the value of our 370Z, heck I think it creates a new benchmark that raises the value of 370Zs :happydance:

For example, if I was now looking to sell a 2019/20 Sport model I wouldn't sell it less than $50,000 CAD. There is just too much demand in the market and too few cars.


Base Model: $40,000 US / $47,000 Canadian

Performance Model: $50,000 US / $59,000 Canadian

Proto Model: $53,000 US / $64,000 Canadian

Further in relation to resale value for us Canadians, I can't believe how low the 2020 numbers are at. These are exotic Lambo level sales numbers. In 2019 for example, 376 Lamborghini's were sold in Canada. 1364 Porsche 911 were sold in Canada in the year as well.

I hold one of those 263, so there are only 262 other ones. At least a dozen have probably already been written off.

https://i.postimg.cc/pLjTvx3H/Canada-Sales-numbers.png

So you're telling me I'm driving a Canadian Lamborghini?

Well dang.

Will see how much people value the new tech, styling, and reworked interior. A lot of Z owners who've had their cars for a while already have fixed the shortcomings that the new Z improves upon, such as CSC elimination, soft bushings and better coilovers and sways (disconnectedness came largely from this), and mechanical LSD. The hydraulic steering we have actually feels great and is very quick with a 330-350mm wheel and suspension tweaks.

The 370Z being lighter remains very desirable to me. Mine's 3300 with a full interior, and getting there with the new Z would be a big challenge. Putting it another way, I can SC my Z, add 200 lb ballast to the rear to get 50/50 weight distribution, and still be lighter.

The new Z fixes a lot of issues 'out of the box' for people. The styling is growing on me and it offers what we all wanted 5yrs ago - a better interior and twins in the engine. As for the depreciation of the 370z - honestly with the current market - its SO HARD to figure out what is real and what is fake.
For instance - when I tried to sell my Z with 20k miles on it (2017 Nismo 6MT) several years ago (pre pandemic) - I was offered something like $23k from CarMax - that same car a year ago with 40k miles on the ODO - was fetching $31k.

Sooo....I think once the market goes back to normal - I believe the Z values will tank again. My reasoning for this is that it's a 2 seater sports car with no backseat or real room/trunk so the demand for it is going to be less than lets say a SUV. The other thing is - the base model offers A LOT for MSRP - $40k gets you the twins, upgraded interior (especially compared to the 370Z) - this price point will offer a lot in the way of modding/replacing out the 'weak points' such as exhaust, wheels and tires along with adding a real LSD.

As they say - if you love your car - it doesn't matter what others think. I just see myself (after the market corrects itself) looking at a slightly used one and building it from there - the main piece (the engine) is there.

As for SC/Turboing the current Z - might be considered 'blasphemy' but....any car manufacturer's engine will be more reliable from the factory than adding a 3rd party turbo/SC kit to an existing engine. Not to say that it won't be reliable - but...**** happens and there is no warranty when it does. Just my .02 (with that statement - I am still 'considering' SC/turboing my Z haha)

I think you'd have to be a crazy person to buy a 2020 370Z sport for $50k.

exactly, my 2018 sport was mint, barely driven, car covered. and it was 24k (31k CAD)
the z has always been an amazing bargain.

Market is crazier than you think:

https://www.autotrader.ca/a/nissan/3.../19_12218481_/

I don't think that our Z's will lose a lot of value, but they will not gain crazy value (yet). If we look at the facts, it is actually one of the last true analog cars where you have no driver aids, you get a large N/A engine, RWD, manual transmission, all in a decent packaging. The new Z is almost the same - differences being it's a smaller engine, and the car has a lot of digital stuff in it.
Because of that I can imagine 370z still costing around 20-25k even in 10 years time. In about 20 years it could get some additional value in my opinion, as then it will probably be one of rarest analog cars with the proper sportscar layout, as well as a "huge" engine in 20 years time, when I expect everything to be either tiny or electric, and by then, probably half of all 370z's will unfortunately be crashed, wrecked or tuned beyond recognition.

people can ask whatever they like