Nissan 370Z Forum

Nissan 370Z Forum (http://www.the370z.com/)
-   Nissan 370Z Pricing / Ordering Discussions (http://www.the370z.com/nissan-370z-pricing-ordering-discussions/)
-   -   How did I do on trade? (http://www.the370z.com/nissan-370z-pricing-ordering-discussions/86367-how-did-i-do-trade.html)

ImportConvert 03-04-2014 11:48 PM

How did I do on trade?
 
Just curious, talking $$$ numbers here, only. It's been a few years since I was in the car business, so I don't know how things may have changed.

I traded my 2012 370Z for a 2010 Grand Jeep Cherokee 5.7 Limited 4x4 2 weeks ago.

My 370Z:
-35.5K miles
-Sport/Touring/Nav/Manual
-Tires shot to ****, as in, white cords HANGING off of one where it wore un-evenly (I aligned it twice, that car just wouldn't hold alignment. Maybe see below?)
-2 Carfax accident reports (no structural damage, and no, neither were my fault)
-Some protective wrap still on the car
-Berk CBE (never fit well, one tip hangs because it won't stay hooked to the car/grommet)

The Jeep:
-Clean Carfax
-Tires 1/32 off the wear-bar
-69.9K miles
-Limited trim level with top of the line everything, Quadra Drive 2 (Jeep's highest level 4x4 system for that model), NAV, Heated front/rear seats/tow-hooks/skid plates, etc. etc. etc.

The asking for the Jeep was $22.4K. I got it for $21.2K. I was given $25.5K for my 370Z trade-in.

DEpointfive0 03-04-2014 11:56 PM

Wait... You had 2 accidents...
And you had problems with the car and bitched 24/7...

I wonder why...

Since you got more than $10k, you did good

ImportConvert 03-05-2014 12:03 AM

Quote:

Originally Posted by DEpointfive0 (Post 2720151)
Wait... You had 2 accidents...
And you had problems with the car and bitched 24/7...

I wonder why...

Since you got more than $10k, you did good

All of the issues I complained about were pre-accident, save the alignment issue, and who knows on that. It wasn't my main concern.

One was a girl losing control of her SUV and side-swiping me (3 rims got scuffed, HID light, Tail-light, and front fender, bumper, and rear bumper.).
One was a bucket of electric wire pulling rope flying out of the back of a truck and hitting my bumper (bumper, driver's mirror as the rope wrapped around and "burned" it).

All replaced with OEM parts and the paint job looked OEM. You could not tell just looking at it, I would bet $ on that.

cossie1600 03-05-2014 12:34 AM

20k for a car with 70k miles, yikes

ImportConvert 03-05-2014 01:35 AM

Quote:

Originally Posted by cossie1600 (Post 2720165)
20k for a car with 70k miles, yikes

50% of MSRP, probably at about 25% of its life. Looks to have been garaged and pampered, still on the OEM set of tires, etc.

Wonka2581 03-05-2014 04:26 AM

Why in the hell would you trade a Z for a Jeep??:icon14:

ImportConvert 03-05-2014 05:50 AM

Quote:

Originally Posted by Wonka2581 (Post 2720237)
Why in the hell would you trade a Z for a Jeep??:icon14:

I wanted awd, more space, and more ground clearance. Also, I wanted a note that would remain at 12% or less of my D/I ratio after I move and lose all of my pay incentives. That capped me at around $450/mo or less.

The jeep offered awd, decent acceleration, nav, nice interior, etc. within that, and I've always liked that body style.

Also, my 370z was almost out from under warranty, and it had been a money pit of repairs. I didn't want to own it after 3/36.

I have yet to have met a WK owner who hated their jeep. Also, they have about lost all their fat on depreciation. The 4x4 hemi wk jeeps are getting hard to find and starting to hold value decently was what I saw on my hunt for one.

Anyway, that's the long answer.

The short answer? Read my threads. I hate Nissan and the 370z more than anyone else out there. Worst car i ever bought. YMMV.

Mr&Mrs 03-05-2014 06:30 AM

There is another thread explaining why he traded. The question of this thread was did he get a good deal. I would say yes considering the price drop on the new models.

Chuck33079 03-05-2014 06:50 AM

He got a good deal getting out of the Z. The mileage is too high on the replacement IMO, but if it made the other numbers work the Jeep can always be replaced in a few years.

ImportConvert 03-05-2014 07:00 AM

Quote:

Originally Posted by Chuck33079 (Post 2720270)
He got a good deal getting out of the Z. The mileage is too high on the replacement IMO, but if it made the other numbers work the Jeep can always be replaced in a few years.

Exactly. I want 5 years out of it. I think 200k miles is easily doable if maintained. I am pretty happy with what I pulled out of the deal. This thread was about dollars only though as others have said. Just curious if others think the money was smart is all.

Chuck33079 03-05-2014 07:04 AM

The problem is you're picking up the car at 70k miles with no knowledge of how the previous owner maintained the car. No big deal, in a few years you can pick up another one and start over.

I think the price getting out of the Z was a good one, considering the price drop on new models and the accidents. I've never looked at Jeep pricing, so I can't comment there. The only catch on the numbers, and I can understand if you don't want to air it publicly, is that you were upside down on the Z, right? Or did you work your way out of that before you sold it?

ImportConvert 03-05-2014 07:16 AM

Quote:

Originally Posted by Chuck33079 (Post 2720288)
The problem is you're picking up the car at 70k miles with no knowledge of how the previous owner maintained the car. No big deal, in a few years you can pick up another one and start over.
I know who the previous owner is.
The vehicle is on OEM original tires.
Everything about it looks solid. It was a soccer-mom car. I have all of the service records, etc. Always dealer serviced.


I think the price getting out of the Z was a good one, considering the price drop on new models and the accidents. I've never looked at Jeep pricing, so I can't comment there. The only catch on the numbers, and I can understand if you don't want to air it publicly, is that you were upside down on the Z, right? Or did you work your way out of that before you sold it?

I was definitely upside down on my 370Z. Badly. I am still upside down, in the Jeep, but most of the depreciation is knocked out of it by this point, and I am less upside down in it than I was in the 370Z. Part of the reason I jumped on it is that I got private party retail for trade-in (considering the BALD tires), even considering the $15K in damage done from 2 accidents, and the pruchase-price of the jeep (clean car-fax, powertrain warranty remaining, known service history) was also about private party retail. I feel that I would have been stupid to pass that up.

Chuck33079 03-05-2014 07:23 AM

It makes more sense knowing the previous owner and how the car was treated.

ImportConvert 03-05-2014 07:26 AM

Quote:

Originally Posted by Chuck33079 (Post 2720296)
It makes more sense knowing the previous owner and how the car was treated.

She left her registration in the vehicle. It was a simple matter to do a quick Google on my Droid while I was at the dealer, as well as call a Dodge dealership and ask them to run the VIN and tell me what service was done. I had a CarFax on it, and called each reporting dealer on it. They gave me a list of everything ever done to it at a dealer. Also, she left her photo-album in the NAV system. I just scrolled through and saw what kind of stuff she was into. It was mostly just pictures of well adjusted family activities such as weddings and birthday parties for children. The fact that it was sitting on factory tires and has an engine with almost 400# of torque told me a lot, as well.

It's scary what you can accomplish in 5 minutes with technology...

kenchan 03-05-2014 02:30 PM

if you're happy with the purchase and price you paid, that's all that matters at the end.

ImportConvert 03-09-2014 06:01 PM

Well, now I am butthurt. My co-worker traded in her 2012 Dodge truck. It had about 5K less miles on it, and the tires were in better shape than my 370Z. She got around $26K for it, and they also came off of the price of the used vehicle (A GMC) that she got, by roughly the same amount they came off the vehicle I got. Her truck MSRP was $45K.

So basically, my Nissan had close enough to the same residual value as a Dodge pickup. Not exactly known for highest retained value.

You can argue about the wreck history on carfax all you want, but KBB (very generous) pegged my car at a trade-in of $24,XXX, and the carfax even said my car was worth a few hundred MORE than KBB even after the wrecks it listed, so go figure.

These 370's drop like a ROCK!

I blame this on Nissan's slashed price for '14.

I think that if I had bought a '14, stickering for $39K, set up just like my car, argued them down to about $36K, THEN I would have been happy with the value vs. performance. MEh. I digress. Nissan ate their own customer base with this move.

DEpointfive0 03-09-2014 06:03 PM

^we honestly don't give 2 fücks, let alone one fück or even half a fück.

You complained more about your 370Z than I do multiplied by JungleZ.


Aren't you happy you're out of it?

Chuck33079 03-09-2014 06:10 PM

Dude, move on. You don't own the car anymore and you're just coming around here to troll at this point. Give it a rest for the love of god.

Chuck33079 03-09-2014 06:21 PM

So a more expensive vehicle with less miles, good tires and no accidents was worth more in trade? What's the confusing part?

GaleForce 03-09-2014 06:35 PM

I'm interested in hearing about the customer service you receive when the Jeep breaks down. Though, that may not happen for a while, they are know for their dependability right?

Ire 03-09-2014 10:29 PM

someone link me on his previous thread regarding his history with his Z (and why he chose to trade). im curious lol

DEpointfive0 03-09-2014 11:07 PM

Quote:

Originally Posted by Ire (Post 2727678)
someone link me on his previous thread regarding his history with his Z (and why he chose to trade). im curious lol

Gotta be the dumbest reason to hate a car as a whole...
His rotors kept warping.

GaleForce 03-10-2014 07:44 AM

Quote:

Originally Posted by Ire (Post 2727678)
someone link me on his previous thread regarding his history with his Z (and why he chose to trade). im curious lol

That's a rabbit hole you don't want to go down.

ImportConvert 03-10-2014 10:30 AM

Quote:

Originally Posted by DEpointfive0 (Post 2727381)
^we honestly don't give 2 fücks, let alone one fück or even half a fück.

You complained more about your 370Z than I do multiplied by JungleZ.


Aren't you happy you're out of it?

Yep! Was hoping for more trade-in, though. I should have gotten out before the '14 pricing was announced, but who knew?

One interesting thing is that the Jeep feels like it settles faster in the corners. It doesn't corner as flat or as hard, but it settles faster. I found that very interesting.

ImportConvert 03-10-2014 10:50 AM

Quote:

Originally Posted by DEpointfive0 (Post 2727708)
Gotta be the dumbest reason to hate a car as a whole...
His rotors kept warping.

Really, done is done.

ImportConvert 03-10-2014 10:52 AM

Quote:

Originally Posted by GaleForce (Post 2727908)
That's a rabbit hole you don't want to go down.

Pretty much. I'm only going to respond via PM or if a mod asks. It just opens a huge can of works that's done. I'm not in it. I don't care.

ImportConvert 03-10-2014 10:55 AM

Quote:

Originally Posted by GaleForce (Post 2727417)
I'm interested in hearing about the customer service you receive when the Jeep breaks down. Though, that may not happen for a while, they are know for their dependability right?

Well, I had my first service appointment the other day. Routine stuff like spark plugs, etc. Yes, for some odd reason they chose to use a copper plug in the Hemi. 30K mile interval. Stupid, but cost of doing business I guess and having a 345ci motor that makes nearly 360hp and almost 400# tq, which really isn't shabby considering that the LS6 only makes 45hp more and 11# more tq.

Anyway, I digress.

The service went well, everyone was polite and friendly, the dealership was accommodating. Of course nothing was broken, etc. but I'm just saying, the service department was polite, for what that's worth. So was Nissan's, though, before the trouble began. I'd say it's a wash at this point.

dkinghl 03-15-2014 02:04 AM

Quote:

Originally Posted by ImportConvert (Post 2720145)
My 370Z:
-35.5K miles
-Sport/Touring/Nav/Manual

-2 Carfax accident reports (no structural damage, and no, neither were my fault)
I was given $25.5K for my 370Z trade-in.

They give you 25k for a 35 miles with 2 accident? what a nice dealership.:happydance::happydance:

FuTuRe is Z 03-15-2014 04:00 AM

You made out well on the trade, good luck with your new vehicle.

Zensation 03-15-2014 08:39 PM

OP sounds like your quite the whiner.

ImportConvert 03-16-2014 04:13 AM

Quote:

Originally Posted by Zensation (Post 2736985)
OP sounds like your quite the whiner.

Eh, complaining got me my money back on some of the repairs on the thing. So I got paid to whine about shoddy product/workmanship. Money is money I guess. Loving the jeep so far.

DavidZ370 03-16-2014 03:08 PM

Quote:

Originally Posted by ImportConvert (Post 2737468)
Eh, complaining got me my money back on some of the repairs on the thing. So I got paid to whine about shoddy product/workmanship. Money is money I guess. Loving the jeep so far.

Wrong forum dude

DEpointfive0 03-16-2014 03:13 PM

Quote:

Originally Posted by DavidZ370 (Post 2738009)
Wrong forum dude

:iagree:
Yes, please, feel free to fück off to the Jeep forum. Please inform them that we're a bunch of ássholes. Just make sure you post the links to your threads bitching and moaning about your car.
Or feel free to tell them that DEpointfive0, Andrew A is a prick.

:tiphat:

Tadpole 03-16-2014 04:14 PM

Enjoy your jeep until the bolts start rattling out and you will be soon realizing that trade in value hellatiuosly drops and poor build quality.

Dont ask me how I know this but I will let you make a good guess.

Hate to say, and although you had issues with your Z, The jap vehicles are still better than americans in build quality, and longevity.

As everyone else says. You traded and moved on.... Move on from here and enjoy your POS Jeep

Zensation 03-16-2014 06:31 PM

Hey hey hey i currently have an 05 jeep grand cherokee and the only things wrong with it are:

Exhaust manifold falling off due to exhaust stud rusting out
Fan only working on full blast
Ac compressor constant
Poor 4x4 system
Rusty undercarriage

Granted i have a whopping 110k miles sooooo

Lol great trade 'up'

falconfixer 03-16-2014 06:35 PM

Still here? May I suggest pirate4x4.com for all your Jeep inquiries and bitches/gripes/complaints.

Redglare 03-16-2014 07:16 PM

While this thread seems to be going hostile on you, I will put in my 2 cents.

You got a great deal on your 370z trade in (dirty carfax, they will most likely have to sell at auction, no enthutiast will ever buy a Z with a dirty carfax unless its free or 10$)

However..............
The price on the jeep is okay at best, but it does have 70k miles, when it hits 100k miles expect a pretty significant depreciation hit (psychologically, a car with 100k miles will have be a hard sell... unless its a rare ferrari or nsx)

Overall I'd say the dealer still made money from you.. how much? hard to say, but usually dealers make most money on used cars, i'd say they low balled the original jeep owner pretty hard and made at least 20-30% flipping it to you, now they are going to flip the 370z for another good profit (at least 10-15%)

remember... the house always wins - they are in it for the money, no manager will give away cash - they made money of this trade, only the dealer knows how much. I'd say they made at least 5-6k from this flip

ImportConvert 03-16-2014 07:32 PM

Quote:

Originally Posted by Redglare (Post 2738334)
While this thread seems to be going hostile on you, I will put in my 2 cents.

You got a great deal on your 370z trade in (dirty carfax, they will most likely have to sell at auction, no enthutiast will ever buy a Z with a dirty carfax unless its free or 10$)

However..............
The price on the jeep is okay at best, but it does have 70k miles, when it hits 100k miles expect a pretty significant depreciation hit (psychologically, a car with 100k miles will have be a hard sell... unless its a rare ferrari or nsx)

Overall I'd say the dealer still made money from you.. how much? hard to say, but usually dealers make most money on used cars, i'd say they low balled the original jeep owner pretty hard and made at least 20-30% flipping it to you, now they are going to flip the 370z for another good profit (at least 10-15%)

remember... the house always wins - they are in it for the money, no manager will give away cash - they made money of this trade, only the dealer knows how much. I'd say they made at least 5-6k from this flip

They had to put new tires on my 370z and I doubt they got away with that and an alignment for under a grand. They sold me the jeep below retail and gave me (on paper) 25.5k for the 370z. They are asking 30k for it. So yeah, they may make some on it, but the only way they are going to show serious profit is if they low balled on the jeep owner.

I did look at trade. The jeep has already lost about all of its value and hit it's floor until I reach 100k. Even jeeps 2-3 years older are only going for $2-3k less.

Re: hostility here. Who cares? None of these people would give me grief in person and I don't care about their Internet antics any more than they should care about mine. I've read their billion page posts about bad transmissions and slamming into poles with vdc off and how their oil temps send them into limp mode after 2 laps. The people here whine and butch as much as I do. The only difference is that I am not a Z owner anymore, thankfully. But really, my friends dodge truck depreciated similar to the Z cars I see on auto trader. They don't hold their value any better than any other vehicle. I'm just in something I prefer. Not really worried about the haters who whine about my whining, lol

ImportConvert 03-16-2014 07:33 PM

Quote:

Originally Posted by Tadpole (Post 2738081)
Enjoy your jeep until the bolts start rattling out and you will be soon realizing that trade in value hellatiuosly drops and poor build quality.

Dont ask me how I know this but I will let you make a good guess.

Hate to say, and although you had issues with your Z, The jap vehicles are still better than americans in build quality, and longevity.

As everyone else says. You traded and moved on.... Move on from here and enjoy your POS Jeep

I've got twice as many miles on the jeep as I did my z. It's held up better it looks like. At what point will it magically fall apart?

XiP 03-16-2014 07:47 PM

Have you gone off-roading/rock climbing yet? :driving:


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