So, I was in an accident in my truck last week and it is probably going to get totaled out. It was my winter beater and is probably only worth
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01-19-2012, 04:57 PM | #1 (permalink) |
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Possibly trading in the Z, have some Questions
So, I was in an accident in my truck last week and it is probably going to get totaled out. It was my winter beater and is probably only worth about $4k max. I also use it to haul my R6 to the track in the summer. With the snow here and track duty, I feel its pretty important for me to have a truck.
This leads me to my dilemma. In my experience its tough to buy a reliable truck for $4k, and I don't want to make payments. So I'm considering trading in the Z toward a truck. If I get a $15,000 truck or so, I can trade the Z and put the insurance cash towards it and will own it outright. This will eliminate my monthly payments for the Z and thus free up some cash for track days and possibly another bike. I'm making a bit of an assumption that I'll get somewhere around $25k for the Z on trade in. I owe about $15k on it. It's a 2009 base + sport, 6mt with about 18k miles on it. I have a few upgrades on it including injen long tube cai, cnt hfc, cnt cbe, swift springs and h&r spacers. I'm thinking its probably worth my time to pull the intake and exhaust pieces to put those back to stock. That way I can resell them. The springs and spacers are too time consuming though. Now the story's over, what do you think. Am I being realistic as to how much I'll get for the Z? Am I doing the right thing by putting what I can back to stock? Am I going to hate myself for getting rid of the Z?
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01-19-2012, 04:59 PM | #2 (permalink) |
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In my opinion, you will indeed hate yourself.
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01-19-2012, 05:22 PM | #5 (permalink) | |
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Quote:
2009 with 18k miles for 25k??? That's tough. It really just depends what the market is like in your area. But I would think 22k will be more realistic, thought for the majority of US cities.. I would expect about 24k for a 2009 base sport auto with the same miles if I'm lucky. But the market in your area may grant you 25-27k??? You are just going to have to get it appraised at a few dealerships first. After that all I can say is read Kenchan's post. Its the best advice on here so far? |
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01-19-2012, 05:27 PM | #6 (permalink) |
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For reference, the trade-in value on my 2009 Touring + Sport without nav, 26k miles, was $26k at the end of 2010.
I think UNKNOWN is right... you're looking at lower 20s on a trade, unless you get lucky. You could always get winter tires and wheels, a hitch, and a light trailer to tow the bike...
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01-19-2012, 05:34 PM | #8 (permalink) |
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Towing a sport bike to a track event in a 370Z would be badass!
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01-19-2012, 05:34 PM | #9 (permalink) |
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You will 100% regret it. Z is a special car.
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01-19-2012, 06:06 PM | #10 (permalink) |
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I based my trade in values off both NADA and KBB. I understand those can be inaccurate but I had to start somewhere. I appreciate everyones comments. I'm still trying to weigh my options.
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01-19-2012, 06:23 PM | #11 (permalink) |
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I agree, if you get rid of the Z, self loathing will ensue.
In all seriousness tho, if tracking your bike(s) is really where your hearts at, then maybe getting rid of the Z for a truck makes sense, but I really have a feeling you're going to miss having a sports car. |
01-19-2012, 06:52 PM | #14 (permalink) |
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-you're going to have a tough time getting 25k for your z, unless they are in very high demand in your area
-Pulling the mods off is going to be well worth your time -I would take some time to evaluate your priorities. IMO, no car is going to match a bike for fun though. I also commiserate with the difficulty in finding a good, cheap, towing vehicle--I wish they were available... |
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