Value
Originally Posted by steven975,Oct 8 2004, 09:36 AM
well, the Z was introduced recently...it has that "buzz" to it. Remember 2003 was the first year. There's no basis for depreciation really.
In 4 years, see what is worth more.
In 4 years, see what is worth more.
The supply is catching and likely passing demand soon for the 350 Z.
Once the "buzz" wears off and the supply meets then surpasses demand, you'll see that depreciation adjust.
Other factors that come to mind, quality over the long-term. Since the 350 is still new, we don't know a whole lot about the quality. That could affect depreciation in the coming years.
How much over MSRP did you pay?
I just picked up a 2002 for $24k. It was Honda Certified, so I get 1 year bumper-to-bumper and 100,000 mile powertrain warranty from Honda (tranferrable).
Figure that MSRP on the car was $33k and change when it was new, that equates to about 27% depreciation in 2-3 years. Not too bad when 'common wisdom' claims that a car loses 1/3 of its value when you drive it off the lot.
Now in 2002 dealerships were still trying to jack the price up because people still believed it was limited production, so it's possible the owner took it in the shorts when they got rid of it if they paid $2-5k over list.
I just picked up a 2002 for $24k. It was Honda Certified, so I get 1 year bumper-to-bumper and 100,000 mile powertrain warranty from Honda (tranferrable).
Figure that MSRP on the car was $33k and change when it was new, that equates to about 27% depreciation in 2-3 years. Not too bad when 'common wisdom' claims that a car loses 1/3 of its value when you drive it off the lot.
Now in 2002 dealerships were still trying to jack the price up because people still believed it was limited production, so it's possible the owner took it in the shorts when they got rid of it if they paid $2-5k over list.
WOW why would you say that Steve C. It's definately a colloectors car but not as much so as say a McC F1 with 64 produced. At neary 9,000 car per year its' still a rear car less then 50,000 in all or <1,000 per state! California seems to have the majority and I'm not counting the loss of cars either to accident or such extreme mechanical malfunction as to render the vehical a parts only car. The S probably wasn't noted in USA today because of it's low production numbers, just like the S is often looked over in other articals. I'm sure a S have a better depreciation then the 350Z
Checked it out. Equlavelent stock vehicals 350z losses $1,500 more then a s (2003 models) Not scientific but close enough.
Checked it out. Equlavelent stock vehicals 350z losses $1,500 more then a s (2003 models) Not scientific but close enough.
Other cars that sell ~10,000 per year:
Lexus sc430
Audi TT
Z4
Target for new A3 is in that range as well.
I don't think low numbers alone make a car a "collector's car."
Maybe if they stop making the car and people continue totaling them at the current rate... there will only be a handful left in 20 years!
THEN maybe it'll be a collector's car.
BTW, 350Z will take a hard hit in resale when the next gen Z comes out or when the engine gets tweaked.
Next G35 coupe and sedan rumored to have 298 hp... wonder what the Z will get.
Lexus sc430
Audi TT
Z4
Target for new A3 is in that range as well.
I don't think low numbers alone make a car a "collector's car."
Maybe if they stop making the car and people continue totaling them at the current rate... there will only be a handful left in 20 years!
THEN maybe it'll be a collector's car.
BTW, 350Z will take a hard hit in resale when the next gen Z comes out or when the engine gets tweaked.
Next G35 coupe and sedan rumored to have 298 hp... wonder what the Z will get.
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Originally Posted by steve c,Oct 8 2004, 07:37 AM
How could you possibly come to that conclusion when there are over 6 thousand of them sold per year in the United States alone?
but not as massly produced as the 350z i see those everywhere.....
Originally Posted by hpark,Oct 8 2004, 12:56 PM
btw im shocked the 350Z has higher resale than an S2000
i mean i see a TON of 350z's for sale around here and nissan's tend to devalue quicker than a Honda.....
i mean i see a TON of 350z's for sale around here and nissan's tend to devalue quicker than a Honda.....


