Next Z to be unveiled in 2013 Tokyo auto show.

2xtreme1 · 11-09-2013, 09:31 PM

Well..Its November..
when is the event taking place?

Joepro · 11-10-2013, 11:37 AM

alphajam · 11-11-2013, 12:54 PM

Quote:

Originally Posted by Chuck33079

It could cost $1000, weigh 1000 lbs, make 1000hp and have an attachment to fondle your balls while you drive and someone here would still bitch about it.

HAHAHAHA

Redglare · 11-11-2013, 03:29 PM

I wonder what will the new car do the Z34 used car pricing?

If we follow history, when the 09 z34's hit the dealer lot the prices on used 07-08 HR's took a pretty stout hit (going from 23-24k used down to low 20's within a matter of a few month and sub 20's within a year) down to low teens today.

Now that happened because the z34 was an upgrade in everything, interior trim, weight, power etc.

If the z35 delivers the same progression of upgrades (better interior, performance, etc) It would be safe to speculate that the z34 used market would see a 10-15% price drop shortly after release.

A similar phenomenon happened with the release of the C7 and is currently going on, the leftover 13's c6 vettes are sold for massive discounts (talking 15-20k off msrp), which in turn hit the used c6 market, I was tracking ebay C6 prices (similar milage years etc) since the debut of the c7 and noticed a steady decline of total sale price (in the range of 10-20% and dropping)

andre12031948 · 11-11-2013, 04:10 PM

Quote:

Originally Posted by Redglare

I wonder what will the new car do the Z34 used car pricing?

If we follow history, when the 09 z34's hit the dealer lot the prices on used 07-08 HR's took a pretty stout hit (going from 23-24k used down to low 20's within a matter of a few month and sub 20's within a year) down to low teens today.

Now that happened because the z34 was an upgrade in everything, interior trim, weight, power etc.

If the z35 delivers the same progression of upgrades (better interior, performance, etc) It would be safe to speculate that the z34 used market would see a 10-15% price drop shortly after release.

A similar phenomenon happened with the release of the C7 and is currently going on, the leftover 13's c6 vettes are sold for massive discounts (talking 15-20k off msrp), which in turn hit the used c6 market, I was tracking ebay C6 prices (similar milage years etc) since the debut of the c7 and noticed a steady decline of total sale price (in the range of 10-20% and dropping)

In 08 Nissan gave a $5,000 rebate plus some dealers also added a $3,000 discount for a total of $8,000. They thought the 09 z's would just kill the 350 sales. Well the 09 370's did sell well, but the 07/08 hr's kept their price high. Even today, the 08's that are in normal good condition sell between $15/$16k to over $20k. So things might not be so bad for the 370's. Much depends on what Nissan gives us. I'm taking a chance. Just bought a 2012 with 1,100 mileage. Picking it up tomorrow.

Cmike2780 · 11-11-2013, 04:39 PM

Quote:

Originally Posted by Redglare

I wonder what will the new car do the Z34 used car pricing?

If we follow history, when the 09 z34's hit the dealer lot the prices on used 07-08 HR's took a pretty stout hit (going from 23-24k used down to low 20's within a matter of a few month and sub 20's within a year) down to low teens today.

Now that happened because the z34 was an upgrade in everything, interior trim, weight, power etc.

If the z35 delivers the same progression of upgrades (better interior, performance, etc) It would be safe to speculate that the z34 used market would see a 10-15% price drop shortly after release.

A similar phenomenon happened with the release of the C7 and is currently going on, the leftover 13's c6 vettes are sold for massive discounts (talking 15-20k off msrp), which in turn hit the used c6 market, I was tracking ebay C6 prices (similar milage years etc) since the debut of the c7 and noticed a steady decline of total sale price (in the range of 10-20% and dropping)

That's usually what happens when ANY new model comes along. The first year cars tend to hold higher re-sale values than the last year of the same model. With the 370 though, it has maintained it's value pretty well all things considering. It's a niche car to begin with. Would you expect to pay the same amount for a C7 as a C6 for example? The C6's were getting huge cuts before the C7 were announced. It's 9 years old for Christ sake and plenty of used car inventory to go around. The same can't really be said about the 370z. Relatively speaking, it wasn't anywhere near as successful as the C6 or 350z for that matter. Very few cars actually sold or were made in comparison.

Redglare · 11-11-2013, 06:08 PM

Quote:

Originally Posted by Cmike2780

That's usually what happens when ANY new model comes along. The first year cars tend to hold higher re-sale values than the last year of the same model. With the 370 though, it has maintained it's value pretty well all things considering. It's a niche car to begin with. Would you expect to pay the same amount for a C7 as a C6 for example? The C6's were getting huge cuts before the C7 were announced. It's 9 years old for Christ sake and plenty of used car inventory to go around. The same can't really be said about the 370z. Relatively speaking, it wasn't anywhere near as successful as the C6 or 350z for that matter. Very few cars actually sold or were made in comparison.

Good point, the c6 / c7 did have a longer run cycle/ flooded market.

But you can already see 09-10 base sports dropping into low 20's/sub 20 range, not high mileage examples either.
I know they will level out eventually and hold, but the question is at what point will the prices level out. It's not helping that the used/new markets getting flooded with other sporty coupe competitors.
It's not complete chaos though, at least the Z will never suffer the fate of a used mustang... The 11' mustang GT's retailed for 30k, now they are down to sub 20 range.
To sum it all up it's basically not possible to win at this game unless you are buying an F40/F50, or had a mint s2000/nsx example (in that case the value actually appreciated), it's just finding that perfect line if you aren't planning to keep the car forever, there is a good time to unload and a bad time.

Cmike2780 · 11-12-2013, 08:58 AM

Quote:

Originally Posted by Redglare

Good point, the c6 / c7 did have a longer run cycle/ flooded market.

But you can already see 09-10 base sports dropping into low 20's/sub 20 range, not high mileage examples either.
I know they will level out eventually and hold, but the question is at what point will the prices level out. It's not helping that the used/new markets getting flooded with other sporty coupe competitors.
It's not complete chaos though, at least the Z will never suffer the fate of a used mustang... The 11' mustang GT's retailed for 30k, now they are down to sub 20 range.
To sum it all up it's basically not possible to win at this game unless you are buying an F40/F50, or had a mint s2000/nsx example (in that case the value actually appreciated), it's just finding that perfect line if you aren't planning to keep the car forever, there is a good time to unload and a bad time.

I think the S2k, late model Supra's and even the late model 300ZX are great examples. Though they held their value mostly because they ceased production, I think the 370Z will share the same fate. Sooner or later, it will be harder and harder to find one in great condition that hasn't been abused. The price of an 09 may dip below $20k, but if you think about it, that's about a reasonable 40% depreciation for a car that's close to 5 years old. Compared to something like the 7 series, S-Class or A8, it's actually really, really good. Those cars depreciate like crazy....we're talking about a 60-70% depreciation in the same time span. You can probably find a 2009 7 series that once cost over $100k for around $30k.

fuct · 11-12-2013, 12:40 PM

Quote:

Originally Posted by Cmike2780

I think the S2k, late model Supra's and even the late model 300ZX are great examples. Though they held their value mostly because they ceased production, I think the 370Z will share the same fate. Sooner or later, it will be harder and harder to find one in great condition that hasn't been abused. The price of an 09 may dip below $20k, but if you think about it, that's about a reasonable 40% depreciation for a car that's close to 5 years old. Compared to something like the 7 series, S-Class or A8, it's actually really, really good. Those cars depreciate like crazy....we're talking about a 60-70% depreciation in the same time span. You can probably find a 2009 7 series that once cost over $100k for around $30k.

Pretty close
Cars for Sale: 2009 BMW 750Li w/ Sport Package in Cypress, TX 77433: Sedan Details - 357829365 - AutoTrader.com

XPNSD IT · 11-12-2013, 05:05 PM

Heard it's going to be Electric and FWD....only kidding on the FWD...can't wait to see what else I can't afford.

Redglare · 11-16-2013, 01:12 PM

One week left

Pitch · 11-16-2013, 02:26 PM

The last week and a half or so since I read this has gone soooo slow lol

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2xtreme1 · 11-19-2013, 03:42 PM

Well, Its opening day for the press today in Tokyo for the Auto show..
so......expect pics and or specs anywhere between couple hours to a couple days?

MC · 11-19-2013, 04:40 PM

yup

Pitch · 11-19-2013, 04:47 PM

Be sure to post when you see the info up somewhere!

Sent from my SM-N900V using Tapatalk

11-10-2013, 11:37 AM	#47 (permalink)
Joepro A True Z Fanatic Join Date: Aug 2012 Location: Athens ohio Posts: 1,213 Drives: Company car Rep Power: 34	TOKYO MOTOR SHOW WEB SITE __________________ Swift\|Koni\|SPC\| FI CBE\|Z1\|Stillen\|Sbend\|Zspeed\|R/T Tuned\|523 whp\|458 tq\|10.5 psi\|SOLD Joepro's Journal\|Joepro's Boosted Performance Build \|Pittsburgh-Western-Pa-Ohio-Wv-Group

11-19-2013, 03:42 PM	#58 (permalink)
2xtreme1 Enthusiast Member Join Date: Feb 2012 Location: Eastvale, California Age: 32 Posts: 494 Drives: 11' 370Z 7 A/T Sport Rep Power: 13	Well, Its opening day for the press today in Tokyo for the Auto show.. so......expect pics and or specs anywhere between couple hours to a couple days? Eagle likes this.

11-19-2013, 04:40 PM	#59 (permalink)
MC Moderator Join Date: Oct 2008 Location: NC Posts: 3,238 Drives: 2015 GTR NISMO Rep Power: 24	yup __________________ 2015 GT-R N1SMO "THE ONE" Instagram MCGTRN1SMO Youtube MCGTRNISMO

11-19-2013, 04:47 PM	#60 (permalink)
Pitch Enthusiast Member Join Date: Jan 2013 Location: Garden Grove Posts: 347 Drives: 5.0 Yacht Rep Power: 12	Be sure to post when you see the info up somewhere! Sent from my SM-N900V using Tapatalk 2xtreme1 likes this.

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11-09-2013, 09:31 PM	#46 (permalink)
2xtreme1 Enthusiast Member Join Date: Feb 2012 Location: Eastvale, California Age: 32 Posts: 494 Drives: 11' 370Z 7 A/T Sport Rep Power: 13	Well..Its November.. when is the event taking place?

11-11-2013, 03:29 PM	#49 (permalink)
Redglare Enthusiast Member Join Date: May 2012 Location: FL Posts: 387 Drives: C172 Skyhawk GIII Rep Power: 175	I wonder what will the new car do the Z34 used car pricing? If we follow history, when the 09 z34's hit the dealer lot the prices on used 07-08 HR's took a pretty stout hit (going from 23-24k used down to low 20's within a matter of a few month and sub 20's within a year) down to low teens today. Now that happened because the z34 was an upgrade in everything, interior trim, weight, power etc. If the z35 delivers the same progression of upgrades (better interior, performance, etc) It would be safe to speculate that the z34 used market would see a 10-15% price drop shortly after release. A similar phenomenon happened with the release of the C7 and is currently going on, the leftover 13's c6 vettes are sold for massive discounts (talking 15-20k off msrp), which in turn hit the used c6 market, I was tracking ebay C6 prices (similar milage years etc) since the debut of the c7 and noticed a steady decline of total sale price (in the range of 10-20% and dropping)

11-12-2013, 05:05 PM	#55 (permalink)
XPNSD IT Enthusiast Member Join Date: Oct 2011 Location: San Jose, CA Posts: 298 Drives: 09 370z/16 Hyper STI Rep Power: 14	Heard it's going to be Electric and FWD....only kidding on the FWD...can't wait to see what else I can't afford.

11-16-2013, 01:12 PM	#56 (permalink)
Redglare Enthusiast Member Join Date: May 2012 Location: FL Posts: 387 Drives: C172 Skyhawk GIII Rep Power: 175	One week left

11-16-2013, 02:26 PM	#57 (permalink)
Pitch Enthusiast Member Join Date: Jan 2013 Location: Garden Grove Posts: 347 Drives: 5.0 Yacht Rep Power: 12	The last week and a half or so since I read this has gone soooo slow lol Sent from my SM-N900V using Tapatalk