Nissan 370Z Forum  

Future Value

I was watching the Mecham Auto Auction and saw old Corvettes and and 60's muscle cars at the auction. The prices for some of these cars in mint condition were

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


Reply
 
LinkBack Thread Tools Display Modes
Old 12-03-2010, 03:48 PM   #1 (permalink)
Base Member
 
mengel's Avatar
 
Join Date: May 2010
Location: Las Vegas
Posts: 53
Drives: 2009 370Z
Rep Power: 15
mengel is on a distinguished road
Default Future Value

I was watching the Mecham Auto Auction and saw old Corvettes and and 60's muscle cars at the auction. The prices for some of these cars in mint condition were crazy. A 1969 Camero went for over 30K.

Here is my question... What do you think the value of a 09/10 370Z will be in say 20 to 30 years? I am talking about a 370Z with limited modification,lower miles and in great condition.
mengel is offline   Reply With Quote
Old 12-03-2010, 04:01 PM   #2 (permalink)
A True Z Fanatic
 
ThoriumHotdog's Avatar
 
Join Date: Sep 2010
Location: TX
Posts: 1,104
Drives: Turbo CRX si
Rep Power: 17
ThoriumHotdog is a jewel in the roughThoriumHotdog is a jewel in the roughThoriumHotdog is a jewel in the roughThoriumHotdog is a jewel in the rough
Default

Thats a hard question. Any car 20 years old and in prime condition will definitely fetch a nice price.
ThoriumHotdog is offline   Reply With Quote
Old 12-03-2010, 04:02 PM   #3 (permalink)
Base Member
 
Join Date: Jun 2009
Location: colorado
Posts: 109
Drives: 2014 Mustang
Rep Power: 16
LONDON2012 is on a distinguished road
Default

Probably $6,000 like my 20 year old 300zx.
LONDON2012 is offline   Reply With Quote
Old 12-03-2010, 04:03 PM   #4 (permalink)
A True Z Fanatic
 
m4a1mustang's Avatar
 
Join Date: Feb 2009
Location: Northern VA
Posts: 55,385
Drives: on two wheels
Rep Power: 6962
m4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond repute
Default

Quote:
Originally Posted by LONDON2012 View Post
Probably $6,000 like my 20 year old 300zx.
__________________
- Steve
MAZOC Meet Thread
Zs & Coffee - Saturdays at 10AM in Fairfax, VA and Columbia, MD (Click the banner!)
LIKE us on Facebook!
m4a1mustang is offline   Reply With Quote
Old 12-03-2010, 04:03 PM   #5 (permalink)
A True Z Fanatic
 
ClemsonWill's Avatar
 
Join Date: Jul 2010
Location: Charleston, SC
Posts: 12,045
Drives: a Civic VP!
Rep Power: 445
ClemsonWill has a reputation beyond reputeClemsonWill has a reputation beyond reputeClemsonWill has a reputation beyond reputeClemsonWill has a reputation beyond reputeClemsonWill has a reputation beyond reputeClemsonWill has a reputation beyond reputeClemsonWill has a reputation beyond reputeClemsonWill has a reputation beyond reputeClemsonWill has a reputation beyond reputeClemsonWill has a reputation beyond reputeClemsonWill has a reputation beyond repute
Send a message via AIM to ClemsonWill
Default

So you figure the Camaro was about $10K in 1969 and it sold for three times that. You could make a case for the Z being worth $90k. But remember you have inflation and everything else over the next 40 years. A dollar may not even buy you a bic pen in 50 years.
__________________
Slightly modded
ClemsonWill is offline   Reply With Quote
Old 12-03-2010, 04:04 PM   #6 (permalink)
A True Z Fanatic
 
ClemsonWill's Avatar
 
Join Date: Jul 2010
Location: Charleston, SC
Posts: 12,045
Drives: a Civic VP!
Rep Power: 445
ClemsonWill has a reputation beyond reputeClemsonWill has a reputation beyond reputeClemsonWill has a reputation beyond reputeClemsonWill has a reputation beyond reputeClemsonWill has a reputation beyond reputeClemsonWill has a reputation beyond reputeClemsonWill has a reputation beyond reputeClemsonWill has a reputation beyond reputeClemsonWill has a reputation beyond reputeClemsonWill has a reputation beyond reputeClemsonWill has a reputation beyond repute
Send a message via AIM to ClemsonWill
Default

Quote:
Originally Posted by LONDON2012 View Post
Probably $6,000 like my 20 year old 300zx.

Fully restored a 20 year old 300zx would probably fetch a much better price.
__________________
Slightly modded
ClemsonWill is offline   Reply With Quote
Old 12-03-2010, 04:06 PM   #7 (permalink)
A True Z Fanatic
 
m4a1mustang's Avatar
 
Join Date: Feb 2009
Location: Northern VA
Posts: 55,385
Drives: on two wheels
Rep Power: 6962
m4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond repute
Default

It all depends on what the market looks like. There really isn't a big demand for Z cars so the used prices way down the road aren't going to be that impressive.
__________________
- Steve
MAZOC Meet Thread
Zs & Coffee - Saturdays at 10AM in Fairfax, VA and Columbia, MD (Click the banner!)
LIKE us on Facebook!
m4a1mustang is offline   Reply With Quote
Old 12-03-2010, 04:14 PM   #8 (permalink)
A True Z Fanatic
 
theDreamer's Avatar
 
Join Date: Feb 2009
Location: Texas
Posts: 30,879
Drives: 370z
Rep Power: 4210
theDreamer has a reputation beyond reputetheDreamer has a reputation beyond reputetheDreamer has a reputation beyond reputetheDreamer has a reputation beyond reputetheDreamer has a reputation beyond reputetheDreamer has a reputation beyond reputetheDreamer has a reputation beyond reputetheDreamer has a reputation beyond reputetheDreamer has a reputation beyond reputetheDreamer has a reputation beyond reputetheDreamer has a reputation beyond repute
Default

Also, the prices for these American 'classics' have been overly inflated by baby boomers who grew up during that time period and now can afford that car and do almost anything for a mint condition model.
It is a bit sad and sucks for others who just want to enjoy the car and now the prices have jumped by this demand. On the point of the Z, it never really has stood the test of time, even the 240z in mint condition is very cheap to pick up.
__________________
theDreamer's Z // Fast Intentions // Uprev // GTM // HKS // TEIN
theDreamer's Silvia // URAS // GREDDY
Houston Zs // Facebook // Twitter // Instagram
theDreamer is offline   Reply With Quote
Old 12-03-2010, 04:22 PM   #9 (permalink)
Base Member
 
370zsport09's Avatar
 
Join Date: Apr 2010
Location: san antonio
Posts: 195
Drives: 2011 Tacoma SR5
Rep Power: 15
370zsport09 is on a distinguished road
Default

Depends??? Look at TURBO Supra 93-96 MKIV Still doing pretty good

- Maybe a NISMO will more likely due to its difference in body styling
370zsport09 is offline   Reply With Quote
Old 12-03-2010, 04:25 PM   #10 (permalink)
A True Z Fanatic
 
m4a1mustang's Avatar
 
Join Date: Feb 2009
Location: Northern VA
Posts: 55,385
Drives: on two wheels
Rep Power: 6962
m4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond reputem4a1mustang has a reputation beyond repute
Default

One thing that could help the FV of the Z is government regulations. 20 years from now if everything is slow hybrid crap then there could be a big demand for old school performance cars (if we have enough gasoline infrastructure to support it).
__________________
- Steve
MAZOC Meet Thread
Zs & Coffee - Saturdays at 10AM in Fairfax, VA and Columbia, MD (Click the banner!)
LIKE us on Facebook!
m4a1mustang is offline   Reply With Quote
Old 12-03-2010, 04:26 PM   #11 (permalink)
A True Z Fanatic
 
Join Date: Aug 2009
Location: N/A
Posts: 76,801
Drives: N/A
Rep Power: 141521
kenchan has a reputation beyond reputekenchan has a reputation beyond reputekenchan has a reputation beyond reputekenchan has a reputation beyond reputekenchan has a reputation beyond reputekenchan has a reputation beyond reputekenchan has a reputation beyond reputekenchan has a reputation beyond reputekenchan has a reputation beyond reputekenchan has a reputation beyond reputekenchan has a reputation beyond repute
Default

probably do better with a nismo. normal/base z's will be considered more of just another old car, i thinks.
kenchan is offline   Reply With Quote
Old 12-03-2010, 04:42 PM   #12 (permalink)
A True Z Fanatic
 
christian370z's Avatar
 
Join Date: Jul 2010
Location: Newport Beach
Posts: 3,900
Drives: 2010 370Z/Saab 900se
Rep Power: 432
christian370z has a reputation beyond reputechristian370z has a reputation beyond reputechristian370z has a reputation beyond reputechristian370z has a reputation beyond reputechristian370z has a reputation beyond reputechristian370z has a reputation beyond reputechristian370z has a reputation beyond reputechristian370z has a reputation beyond reputechristian370z has a reputation beyond reputechristian370z has a reputation beyond reputechristian370z has a reputation beyond repute
Default

Well, over the last two or so years the Z has been out on the market, resale prices even on early 2009 models are still in the mid 20s which is pretty good. I think the 370z will have less of a chance at developing a cult like following like other Japanese classics such as the Supra, 300zx, and NSX. However, if reliability proves to be great then it could hold higher resale than average just due to time proven quality.
__________________
-320whp / 259wftlbs-
SP Rays -- RE-11s -- SpecialtyZ Tune -- Swift Springs -- Stillen 25R Oil Cooler -- Stillen G3 Intakes -- Berk HFCs -- F.I. 12" CBE -- Stillen Sway Bars -- Es14 Spring -- INGS+1 lip -- CF Spoiler -- GTR Start Button -- VLED Parking Lights -- PWJDM V2 shift knob
christian370z is offline   Reply With Quote
Old 12-03-2010, 04:47 PM   #13 (permalink)
A True Z Fanatic
 
ThoriumHotdog's Avatar
 
Join Date: Sep 2010
Location: TX
Posts: 1,104
Drives: Turbo CRX si
Rep Power: 17
ThoriumHotdog is a jewel in the roughThoriumHotdog is a jewel in the roughThoriumHotdog is a jewel in the roughThoriumHotdog is a jewel in the rough
Default

Mods will kill the resale value and demand faster than anything. Keep your stock parts.
ThoriumHotdog is offline   Reply With Quote
Old 12-03-2010, 06:45 PM   #14 (permalink)
Base Member
 
mengel's Avatar
 
Join Date: May 2010
Location: Las Vegas
Posts: 53
Drives: 2009 370Z
Rep Power: 15
mengel is on a distinguished road
Default

That is the reason why I asked. I am 36 have very limited mods and maybe will put 2500 miles on my Z and keep in spotless. (Not my daily driver) It would be kind of cool to see the Z rolling on their red carpet in 20 years in an auction and getting 60K plus. As for the older Z's, and I had a 300ZX back in the day. I feel the quality now and the lines of the car will make it a classic. Wont ever be a Vette, GTO or Camero from the 60's but I think there will be a high demand for a clean low mileage 370Z.

Lets face it, a Z owner can sometimes be the Z's worst enemy. I see so many tore up, with shopping carts for spoilers being driven by idiots. So far I have not seen that yet with the 370. Makes me proud to own one so far.
mengel is offline   Reply With Quote
Old 12-03-2010, 06:55 PM   #15 (permalink)
Base Member
 
Join Date: Nov 2010
Location: western Oklahoma
Posts: 164
Drives: Black Cherry Sport
Rep Power: 15
samb03 is on a distinguished road
Default

The old classic american cars are going for crazy prices becuase that is that the people taht can afford to pay them went to high school in. They weren't appreciated in their own time. Before the muscle car craze the 55-57 chevy belair was rediculious becasue that is what the generation before drove to school. before that the t bucket roadster and model T.First gen Camaros are high because their aren't many left. Many of them got gutted and totaled on the circle track. My money is the Honda Civic and 240sx will fetch more money if they are in good shape in another 20-30 years. The cars that are fill the high school parking lots now are what will be valuable in the future. Everybody wants their youth back.
samb03 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
Back to the Future theDreamer The Lounge (Off Topic) 1 11-01-2010 03:28 PM
Future Z owner Phoenix Bound New Forum Member 6 08-19-2010 03:41 PM
370 in my future? blueVQ New Forum Member 3 10-02-2009 03:27 PM
the future look.... tru_Asiatik Southern California Region 10 05-05-2009 09:33 AM
Will future Z be like this? zero Nissan 370Z General Discussions 31 03-17-2009 08:58 PM


All times are GMT -5. The time now is 05:40 AM.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.6.0 PL2