370z Sales Observation (What's it mean?)

Baconboy · 09-12-2011, 05:05 PM

Today on EBay, I searched for 370z and filtered the auction type to "completed auctions" I got a list of just over 60 370z auctions. Of these, only 2 have sold. It's interesting to note that these were both NISMO models.

That's good news if you have a low mileage 09 NISMO and want to sell it for 30k, but since no one has been able to sell a sport or touring model, could I assume that the prices will be forced down over the next few months?

Other cars in the same class are not selling well, but no other car shows 100% failure on auctions. I'm not sure I've ever seen that before.

I feel like I'm low-balling the sellers, (sorry if you're one of them) but I think it is their price, or maybe the book value, that needs to adjust down. Zero sales has to mean something, right?

Regardless, I hope to post in the "New Owners" section real soon.

Cmike2780 · 09-12-2011, 05:33 PM

Ebay doesn't really show a true depiction of auto sales, so I wouldn't really read too much into it. The 370 has a niche target market to begin with. Also, a lot of people think its not exactly the best time to buy a rwd sports car with winter just around the corner.

mjd77 · 09-12-2011, 08:47 PM

Take a 2-seat sports car (which is a niche market to start with) plus a horrible economy plus gas prices at least $1 more than they should be plus winter coming in the northern US and this is what you get. Maybe in better times the used prices we are seeing would seem more reasonable but the way things are, I also feel (used) asking prices on the 370 seem awfully high in most cases...especially on the '09s.

09-12-2011, 05:05 PM	#1 (permalink)
Baconboy Base Member Join Date: Sep 2011 Location: Merrimack Valley, MA Posts: 121 Drives: 40th '71chev '34ford Rep Power: 14	370z Sales Observation (What's it mean?) Today on EBay, I searched for 370z and filtered the auction type to "completed auctions" I got a list of just over 60 370z auctions. Of these, only 2 have sold. It's interesting to note that these were both NISMO models. That's good news if you have a low mileage 09 NISMO and want to sell it for 30k, but since no one has been able to sell a sport or touring model, could I assume that the prices will be forced down over the next few months? Other cars in the same class are not selling well, but no other car shows 100% failure on auctions. I'm not sure I've ever seen that before. I feel like I'm low-balling the sellers, (sorry if you're one of them) but I think it is their price, or maybe the book value, that needs to adjust down. Zero sales has to mean something, right? Regardless, I hope to post in the "New Owners" section real soon.

09-12-2011, 05:33 PM	#2 (permalink)
Cmike2780 A True Z Fanatic Join Date: Jun 2010 Location: Long Island Posts: 5,059 Drives: slowwww Rep Power: 29	Ebay doesn't really show a true depiction of auto sales, so I wouldn't really read too much into it. The 370 has a niche target market to begin with. Also, a lot of people think its not exactly the best time to buy a rwd sports car with winter just around the corner. __________________ [09][MB][6-Spd MT][Touring][Stillen Gen III][K&N][Borla CBE][Evo-R] [ArchitTEK Photography]

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09-12-2011, 08:47 PM	#3 (permalink)
mjd77 Base Member Join Date: Mar 2009 Location: Port Washington, WI Age: 47 Posts: 183 Drives: 2004 RX-8 Rep Power: 16	Take a 2-seat sports car (which is a niche market to start with) plus a horrible economy plus gas prices at least $1 more than they should be plus winter coming in the northern US and this is what you get. Maybe in better times the used prices we are seeing would seem more reasonable but the way things are, I also feel (used) asking prices on the 370 seem awfully high in most cases...especially on the '09s.