Nissan 370Z Forum

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-   -   Evo X or 370Z??? (http://www.the370z.com/nissan-370z-general-discussions/61078-evo-x-370z.html)

cossie1600 10-29-2012 08:15 AM

That used to be the case, but lately all dealers seem to be using KBB (which seem to have come down quite a bit)

Red__Zed 10-29-2012 08:23 AM

Quote:

Originally Posted by cossie1600 (Post 1987153)
That used to be the case, but lately all dealers seem to be using KBB (which seem to have come down quite a bit)

I paid several thousand dollars less for my Z new than It was "worth" 1.5 yrs later with 15,000 miles on it.


At the end of the day, kbb is a tool. Dealers will talk about it when selling because it looks favorable, and when taking a trade in because consumers have become obsessed. They care about black book because that's what they'll get, and anything they pay you over that is coming out of the new vehicle.

Hbomb 10-29-2012 03:58 PM

Quote:

Originally Posted by Red__Zed (Post 1987159)
I paid several thousand dollars less for my Z new than It was "worth" 1.5 yrs later with 15,000 miles on it.


At the end of the day, kbb is a tool. Dealers will talk about it when selling because it looks favorable, and when taking a trade in because consumers have become obsessed. They care about black book because that's what they'll get, and anything they pay you over that is coming out of the new vehicle.

This is true. Every car I have purchased the they referance "what a deal" I am getting because I am at kbb or under, but when you want to trade in, thats when the "who's kelley? He doesnt work here" comments come in

cossie1600 10-29-2012 04:03 PM

Quote:

Originally Posted by Red__Zed (Post 1987159)
I paid several thousand dollars less for my Z new than It was "worth" 1.5 yrs later with 15,000 miles on it.


At the end of the day, kbb is a tool. Dealers will talk about it when selling because it looks favorable, and when taking a trade in because consumers have become obsessed. They care about black book because that's what they'll get, and anything they pay you over that is coming out of the new vehicle.

Like I said, that used to be the case. Now it seems like blue book runs lower than black book and that's what they are using. I had posted something about it before.

DK417 10-29-2012 09:00 PM

When I said that interior was nicer. I meant it seemed nicer than my nismo( base cloth with some nismo badges and red stitching). With the leather, nav, sunroof it is nice IMHO than the nismo z which none of the above is even an option...oh wait except now in the 2013 models you get a bose system option. I love my z but I want the performace from the evo x for way less money. To properly boost my z from GTM it was over 15g. I will wait and see what comes next maybe a boosted z35 :). And i know the evo x rattles a lil but **** so does my z its a sports car i feel everything. And im comparing the nismo model not a touring. Now if only nissan offered touring options on my nismo lol.

Red__Zed 10-29-2012 09:06 PM

Quote:

Originally Posted by cossie1600 (Post 1987961)
Like I said, that used to be the case. Now it seems like blue book runs lower than black book and that's what they are using. I had posted something about it before.

That's pretty clearly not true based on a cursory look at blue book and black book values. What cars are you looking at to come to that conclusion?

cossie1600 10-29-2012 09:44 PM

Quote:

Originally Posted by Red__Zed (Post 1988419)
That's pretty clearly not true based on a cursory look at blue book and black book values. What cars are you looking at to come to that conclusion?

I went to 5 different dealers when I was shopping for a new hybrid for my wife last month. At the time, I found my Prius to be worth $13420 from the black book in average condition and mileage. The bluebook returned with $12000-13000 with the same thing. (They almost never give you excellent condition). In all five cases, they came to me with the actual printout from the bluebook website. I basically walked out on all of them as I wanted $14K.

When I bought my Z three years ago, the blackbook was $1-2K less than the bluebook. And they never showed me anything from the bluebook.

Red__Zed 10-30-2012 08:04 AM

Quote:

Originally Posted by cossie1600 (Post 1988489)
I went to 5 different dealers when I was shopping for a new hybrid for my wife last month. At the time, I found my Prius to be worth $13420 from the black book in average condition and mileage. The bluebook returned with $12000-13000 with the same thing. (They almost never give you excellent condition). In all five cases, they came to me with the actual printout from the bluebook website. I basically walked out on all of them as I wanted $14K.

When I bought my Z three years ago, the blackbook was $1-2K less than the bluebook. And they never showed me anything from the bluebook.

So, like we've discussed, black book is based on auction prices. High demand cars like Prius' and supras and foxbody mustangs will tend to be undervalued on blue book because they use a fairly consistent formula. That doesn't mean blue book as a whole tends to overvalue cars.

cossie1600 10-30-2012 09:35 AM

Quote:

Originally Posted by Red__Zed (Post 1988884)
So, like we've discussed, black book is based on auction prices. High demand cars like Prius' and supras and foxbody mustangs will tend to be undervalued on blue book because they use a fairly consistent formula. That doesn't mean blue book as a whole tends to overvalue cars.

I was on your side until I went car shopping the last two months. The prices were roughly the same for my Z and the Cube (which I eventually traded). The blackbook consistently came in HIGHER than the bluebook on all three cars. Also on the newer car I bought, the blackbook prices were so high that they were near some of the retail prices. I am not sure of the change either. I have this theory that bluebook got so popular that the dealer paid them to lower the prices so they can get more deals done.

Red__Zed 10-30-2012 09:35 AM

Quote:

Originally Posted by cossie1600 (Post 1988987)
I was on your side until I went car shopping the last two months. The prices were roughly the same for my Z and the Cube (which I eventually traded). The blackbook consistently came in HIGHER than the bluebook on all three cars. Also on the newer car I bought, the blackbook prices were so high that they were near some of the retail prices. I am not sure of the change either. I have this theory that bluebook got so popular that the dealer paid them to lower the prices so they can get more deals done.

Post your numbers then.

SS_Firehawk 10-30-2012 10:07 AM

I'm just going to agree to disagree on the whole topic of value. It's obviously a very subjective thing and regardless of what yardstick you measure, it's only an approximate one. Now we have Red_Zed going full Troll to prove he's right. In the end, when the whole world disagrees with him, he will still try. He traded his car in for a reason, let him be happy with his car and I'll be happy with mine, you know, the one the forum is named after.

Red__Zed 10-30-2012 10:13 AM

Quote:

Originally Posted by SS_Firehawk (Post 1989053)
I'm just going to agree to disagree on the whole topic of value. It's obviously a very subjective thing and regardless of what yardstick you measure, it's only an approximate one. Now we have Red_Zed going full Troll to prove he's right. In the end, when the whole world disagrees with him, he will still try. He traded his car in for a reason, let him be happy with his car and I'll be happy with mine, you know, the one the forum is named after.

This has nothing to do with the car and everything to do with the fact that you made a claim you refuse to substantiate.


You can sit down with an auction book ad pretty readily determine things for yourself. I would invite you to do that and report back.

lemon-fresh 10-30-2012 10:22 AM

I feel like it might have something to do with the car ;)

SS_Firehawk 10-30-2012 11:45 AM

You keep referring to auctions as if it's the only way of resale or determining factor of worth. I already substantiated my claim. In the middle of writing this NADAguides.com is currently down while I was "substantiating" my claim. I'm not sorry to tell you that you are still wrong when comparing value of the Z and Mustang. Didn't have time to do the EVO X. Either way your wrong. You claim that the 370z holds it's value substantially less than competing vehicles and that's been blown out of the water like a torpedo hitting a U boat. Sports cars period hold their value better than the run of the mill vehicle because it's a purchase made out of desire, not necessity. "I sure needed that EVO X to haul my family around..." I don't think that ever crossed anyone's mind. You think those dudes buying station wagon CTS-V's are buying them because they are worried about hauling **** around, no... they just want to haul a$$. 10 years from now, when there are a sea of Mustangs and Camaros driving around, wait, there already are... Because there are 10x less 370Z's, that alone will keep resale up. If you need a history lesson, look at the low volume Japanese sports cars of the 90's compared to the high selling domestics.

Red__Zed 10-30-2012 11:56 AM

Quote:

Originally Posted by SS_Firehawk (Post 1989254)
You keep referring to auctions as if it's the only way of resale or determining factor of worth. I already substantiated my claim. In the middle of writing this NADAguides.com is currently down while I was "substantiating" my claim. I'm not sorry to tell you that you are still wrong when comparing value of the Z and Mustang. Didn't have time to do the EVO X. Either way your wrong. You claim that the 370z holds it's value substantially less than competing vehicles and that's been blown out of the water like a torpedo hitting a U boat. Sports cars period hold their value better than the run of the mill vehicle because it's a purchase made out of desire, not necessity. "I sure needed that EVO X to haul my family around..." I don't think that ever crossed anyone's mind. You think those dudes buying station wagon CTS-V's are buying them because they are worried about hauling **** around, no... they just want to haul a$$. 10 years from now, when there are a sea of Mustangs and Camaros driving around, wait, there already are... Because there are 10x less 370Z's, that alone will keep resale up. If you need a history lesson, look at the low volume Japanese sports cars of the 90's compared to the high selling domestics.


Go ahead and show me the post where I claim that.

Btw, comparing the 370z to the Japanese cars of the 90s is laughable.


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