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How much does seasonality affect price/value
I'm looking at a 2010 Z Roadster and I'm wondering what people think about seasonality affecting the price/value of a convertible Z. I want one bad, but I'm trying not to make an emotional purchase. But if I wait until spring when I have more cash, will the price be higher for a comparable model because it's warm out? Or is this price fluctuation mostly myth in your experience? For reference I'm in the Midwest.
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You want one under warranty or under an extended factory warranty because the tops aren't the greatest...
That's my 2 cents, and I bet you can get one cheaper in the cold months |
I bough my z last year in late fall, they had it for some time, it was a 2010 with 10k miles, they orginally wanted 31k for it through June- August,and I bought it for 26.5 granted im in the north, HOWEVER the longer any car sits at a particular dealer the more bargining power you have, 90 days is usually the auction block send off, unless they are far to invested in it.
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Dealers will discount convertibles that are sitting after the season passes more than right before it gets nice out. Availability is another issue, as there arent many preowned convertibles available
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How do you find out how long a car has been sitting at a dealer?
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You can usually tell through Carfax, shows inspections, online listings, and auction sales. Its not hard to tell once you see that!
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I moderate the cars for sale section on S2ki.com and have for 7 or 8 years. I can tell you sales and prices are definitely impacted by the seasons. Days on the market increase a lot if you are unwilling to move on price.
I also did radio and tv advertising for a few dealerships and they would let sports cars and convertibles go for less profit in late fall /early winter. I know because I've had this specific conversation with them. My dealerships didn't want a convertible after June and really dreaded a convertible trade-in after August. |
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