KBB Value dropping drasticly

Red__Zed

KBB is meaningless.

Some of it may be the MSRP drop.

They also base their #s on historic sales. In October you were riding the wave of summer sports car sales, right now you are referencing the winter trade in value.

DEpointfive0

I feel that KBB isn't that smart to factor in weather. Because it will go up in a few months then, or stay exactly the same.

Yes, I agree it's meaningless, but it's a constant bar to compare to

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Red__Zed

They build the reports on things like auction values, that are pretty readily available (behind a paywall).

murphman

Yeah I just ran the numbers on the 09 touring I traded in back in December. KBB had it at 21,xxx - 22,xxx then. Now it is 18,xxx to 19,xxx.

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DIGItonium

Maybe this is why my car isn't selling. It's okay since I'm not trying that hard to let it go still and nothing out there excites me.

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tnav

a 3 year old Z with 36k has a residual value of about/approx 55-60% of the original purchase price ... so if you add more miles and 2 more years, and the fact that they are giving you trade-in, you end up at around that number... I never buy new and usually end well above water. Also, I believe the 2 big drops in value are when a car hits 60k miles and/or 5 years of age ... the minute you hit 60k you may be looking at much lower value

tjlazer

Yep, that's why I am going to keep my Z.

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danegrey

KBB prices, interesting, been watching my Z at dealer trade in,
its 24978, not saying I can get it.

But it's a 2012 with 31000 on it Sports Package....

been tossing the idea around of selling it, and then not..... who knows

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Duc_Z09

Good thing I bought mine used and don't plan on getting rid of it.

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kittens

edmunds is a better source I think. Carmax offered me $14k for my base sport 09 and I wanted to say to them suck on my nuts. I am going to keep it for 3 years at least and I will sell for $12k privately. it depreciated fast from MSRP but the bottom out point is high because overall it is a desirable car. you can't find a good 350Z for under $10k unless you want one chopped up with 150k miles.

DOOMMONKEY777

Well am going to the steelership for a trade in my 370z pw 22k miles sport manual for new Z gun metal color, i have one accident, and lots of scratches from morons parking next to me. Lets see if i get a decent deal.

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Justice97

Personally I could care less if KBB was 10K. It is my toy, not a financial investment.

RonRizz

I personally don't care if KBB values mine at $.05. Its mine, and I'm keeping it.

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JungleZ

Sucks even more for the guy who leased a 370Z if i wanted to buy it out the residual value would be a brutal buy out cost.

They need to announce the new Z already see what my dam options are.

Cell

Looked up my nismo on Kbb and said there was no value because it is a low volume production.

Edmunds said my trade in value is 23000. Sucks.