Why so many zs?

notilloc · 08-10-2010, 02:19 AM

I have been planning on getting a 370z since they first came out. It wasnt untill recent that I got serious with my searching and I finally test drove one a couple days ago and it was awesome. I was ready to buy one when I decided I would look at some used ones and see what they are going for. For being a one year old car they really dont hold their resale well and also there are a ton of them for sale. Why isnt anyone holding onto their zs and why is the resale so bad? Is there something I am missing?

cab83_750 · 08-10-2010, 02:31 AM

In my opinion, Nissan will always carry the Scarlet letter of "made with Japanese beer cans.". No matter what will do, it will always be there. Same thing with the Toyota Supr or any other non-German/Italian sports car.

If you would look closer, that is one (if not the main reason) why nissan and Toyota created Lexus and Infinity --- it is all about branding. Oh, don't forget that Honda has Acura!

Mind yah, my Z is a keeper....unless someone wants to trade his Cayenne for mine.

Jordo! · 08-10-2010, 03:00 AM

Quote:

Originally Posted by notilloc

I have been planning on getting a 370z since they first came out. It wasnt untill recent that I got serious with my searching and I finally test drove one a couple days ago and it was awesome. I was ready to buy one when I decided I would look at some used ones and see what they are going for. For being a one year old car they really dont hold their resale well and also there are a ton of them for sale. Why isnt anyone holding onto their zs and why is the resale so bad? Is there something I am missing?

Nissans are not as rated as reliable as Hondas or Toyotas, so the resale value is less by comparison. They should hold their value a bit better than GM's or Fords tho'...

Are you seeing used ones for sale or left over 2009's? People are broke -- not a lot of people can swing a 30K+ car right now, and even those who can, just barely can...

If used, I bet they were leases (or repo'd...).

I've seen like maybe one other 370 here in Tampa.

fullmonty · 08-10-2010, 07:12 AM

Quote:

Originally Posted by Jordo!

Nissans are not as rated as reliable as Hondas or Toyotas, so the resale value is less by comparison. They should hold their value a bit better than GM's or Fords tho'...

Are you seeing used ones for sale or left over 2009's? People are broke -- not a lot of people can swing a 30K+ car right now, and even those who can, just barely can...

If used, I bet they were leases (or repo'd...).

I've seen like maybe one other 370 here in Tampa.

I don't see to many for sale here in Jersey. And I think alot of the used ones you are seeing were bought and then the person had to sell it because they couldn't swing the payments or got it repo'd

mrcardio · 08-10-2010, 10:04 AM

Quote:

Originally Posted by Jordo!

I've seen like maybe one other 370 here in Tampa.

Everyone and their mother has one over here where I live just outside of Orlando. Al most as common as Civic's it seems.

shadoquad · 08-10-2010, 10:07 AM

Quote:

Originally Posted by mrcardio

Everyone and their mother has one over here where I live just outside of Orlando. Al most as common as Civic's it seems.

I've heard they are common in some areas. In my neck of the woods, I only see maybe one per week. I see 3 camaros and 3 mustangs to every Z I see. Otoh, some folks in VA are seeing 5 on their daily commute.

daisuke149 · 08-10-2010, 10:24 AM

Quote:

Originally Posted by shadoquad

I've heard they are common in some areas. In my neck of the woods, I only see maybe one per week. I see 3 camaros and 3 mustangs to every Z I see. Otoh, some folks in VA are seeing 5 on their daily commute.

yeah some areas common. like out here in arkansas theres about 7 in the parking lot

back home in alpharetta, ive only seen one other z.

tweba09 · 08-10-2010, 10:41 AM

Quote:

Originally Posted by Jordo!

Nissans are not as rated as reliable as Hondas or Toyotas, so the resale value is less by comparison. They should hold their value a bit better than GM's or Fords tho'...

Are you seeing used ones for sale or left over 2009's? People are broke -- not a lot of people can swing a 30K+ car right now, and even those who can, just barely can...

If used, I bet they were leases (or repo'd...).

I've seen like maybe one other 370 here in Tampa.

I agree. I live in Tampa also and we bought my wife's 370 used. There were maybe 4 for sale in a 100 mile radius and most of the ones for sale were all base models (which i was not looking for).

Jordo! · 08-10-2010, 11:29 AM

Quote:

Originally Posted by tweba09

I agree. I live in Tampa also and we bought my wife's 370 used. There were maybe 4 for sale in a 100 mile radius and most of the ones for sale were all base models (which i was not looking for).

Apparently they were all in Central Florida -- greedy bastards!

Jordo! · 08-10-2010, 09:11 PM

Quote:

Originally Posted by tweba09

I agree. I live in Tampa also and we bought my wife's 370 used. There were maybe 4 for sale in a 100 mile radius and most of the ones for sale were all base models (which i was not looking for).

Hey, speaking of which -- were you on 275 N around 4:30 - 5:00 PM today (Tuesday)? I think I saw you.

You are only the 2nd (or 3rd) Z34 I've seen around here and the surrounding area

98intrigue · 08-10-2010, 09:15 PM

Quote:

Originally Posted by Jordo!

Hey, speaking of which -- were you on 275 N around 4:30 - 5:00 PM today (Tuesday)? I think I saw you.

You are only the 2nd (or 3rd) Z34 I've seen around here and the surrounding area

Yeah, I rarely see 370Zs around the Tampa area... I like it that way, haha. Although I see a white 370Z with a big Red Sox sticker on his hatch on my way to work every day because he works at Ice Cold Air on 580/US19.

tweba09 · 08-12-2010, 10:57 AM

Quote:

Originally Posted by Jordo!

Hey, speaking of which -- were you on 275 N around 4:30 - 5:00 PM today (Tuesday)? I think I saw you.

You are only the 2nd (or 3rd) Z34 I've seen around here and the surrounding area

Yes, probably so, but it would have been my wife.

It is her daily driver and my weekend toy.

I have only seen 1 other PW 370z around here and the owner actually works out at the same gym as we do.....Coincidently.

Daishi · 08-10-2010, 05:20 AM

Sports cars like this don't hold value

rha600 · 08-10-2010, 07:13 AM

I've looked online and yes, I do see a lot of them for sale but keep two things in mind.

1) people are not paying anywhere near sticker price. So for a (and I'm just throwing out numbers here) $40K car, that might go for $34K from the dealer new, it's probably only going to go for $30Kish used a year old. If that. Would you buy a used car for $30K if you could get one brand new that you know wasn't beat on yet for $34K? AND you would most likely be able to get a much better interest rate on the new one if you finance so payment wise you'd probably be about the same...

2) A lot of sports cars are purchased by kids and adults, only to find out that they can't afford it. And with things today, a lot of them could have been purchased only to have the owner lose their job so that is another possibility. I was just reading another thread about the expected life of the stock tires. not good, and for probably 80% of the people buying the car that was never a thought. then a year and 12K miles later they are finding that they need to spend $1500 (?) on new tires every year.

Just saying, I wouldn't over think the fact that there are so many Z's out there for sale and automatically think that it's because something is wrong with the car itself.

PapoZalsa · 08-10-2010, 07:39 AM

Around here a few 370Z, more 350Zs, Camaros, Challengers and Mustangs that anything else.

08-10-2010, 02:19 AM	#1 (permalink)
notilloc Base Member Join Date: Aug 2010 Location: Big Sky, mt Posts: 2 Drives: Toyota FJ Cruiser Rep Power: 15	Why so many zs? I have been planning on getting a 370z since they first came out. It wasnt untill recent that I got serious with my searching and I finally test drove one a couple days ago and it was awesome. I was ready to buy one when I decided I would look at some used ones and see what they are going for. For being a one year old car they really dont hold their resale well and also there are a ton of them for sale. Why isnt anyone holding onto their zs and why is the resale so bad? Is there something I am missing?

08-10-2010, 05:20 AM	#13 (permalink)
Daishi Track Member Join Date: Jul 2009 Location: NJ Posts: 683 Drives: 09 370z 6Speed Rep Power: 17	Sports cars like this don't hold value __________________ Cobb Tuned \| Injen Intakes \| Fast Intentions Long Tube Headers \| Fast Intentions TDX Catback 18" Resonators CF Mufflers \| Tommy Kaira Hebi Bebi Shift Knob \| 19x9.5/19x10.5 Five Axis Design S5:F w/ 245/40/19 - 285/35/19 Hankook Ventus V12's

08-10-2010, 07:39 AM	#15 (permalink)
PapoZalsa A True Z Fanatic Join Date: Nov 2009 Location: Not in Sunny Florida Posts: 6,358 Drives: 16 Nismo w/Tech Pack Rep Power: 4500	Around here a few 370Z, more 350Zs, Camaros, Challengers and Mustangs that anything else. __________________ 2009 370Z MB Base w/Sport Package 6MT Modshack's Custom Air Intakes /3M Clear Bra/ Illuminated Kick Plates / F. I CBE w/12" resonators / EVO-R Front Lip / Rear Hatch Wing / Tein S-Tech Springs /Ilegal Tint in the Rep. of VA/4x20mm Z1 Spacers/ Vinyl Roof/Liquid Carbon Designs

08-10-2010, 02:31 AM	#2 (permalink)
cab83_750 Track Member Join Date: Apr 2009 Location: CA Posts: 887 Drives: 09 NISSAN 370Z Rep Power: 418	In my opinion, Nissan will always carry the Scarlet letter of "made with Japanese beer cans.". No matter what will do, it will always be there. Same thing with the Toyota Supr or any other non-German/Italian sports car. If you would look closer, that is one (if not the main reason) why nissan and Toyota created Lexus and Infinity --- it is all about branding. Oh, don't forget that Honda has Acura! Mind yah, my Z is a keeper....unless someone wants to trade his Cayenne for mine.

08-10-2010, 07:13 AM	#14 (permalink)
rha600 Base Member Join Date: Jun 2010 Location: FL Posts: 84 Drives: 05 Honda, 08 SRT8 Rep Power: 15	I've looked online and yes, I do see a lot of them for sale but keep two things in mind. 1) people are not paying anywhere near sticker price. So for a (and I'm just throwing out numbers here) $40K car, that might go for $34K from the dealer new, it's probably only going to go for $30Kish used a year old. If that. Would you buy a used car for $30K if you could get one brand new that you know wasn't beat on yet for $34K? AND you would most likely be able to get a much better interest rate on the new one if you finance so payment wise you'd probably be about the same... 2) A lot of sports cars are purchased by kids and adults, only to find out that they can't afford it. And with things today, a lot of them could have been purchased only to have the owner lose their job so that is another possibility. I was just reading another thread about the expected life of the stock tires. not good, and for probably 80% of the people buying the car that was never a thought. then a year and 12K miles later they are finding that they need to spend $1500 (?) on new tires every year. Just saying, I wouldn't over think the fact that there are so many Z's out there for sale and automatically think that it's because something is wrong with the car itself.