rx-8, 350z prices. how low will it drop ?

[r34_skyline]

i've been lookin at the dep rate of these cars for a while now. from what i can gather, they seem to lose around <5k a yr (base model). do u reckon its possible or safe to say that we'll see the 350z around the < 41k mark at the beginning of next yr (jan, 2006) ?

lowest price ive seen a 350z go for was $45000 and the the lowest price for a rx-8 was $39000.

just like our belovered R34 which had a price tag of 45-47k in 2003 and it dropped significantly in 2004.

maybe im dreaming, but anything is possible. i say this becoz i want a 350z bad but ive only got around 40k to spend.

what are your opinions ?

[DaGr81]

brand new or 2nd hand 350z?

[r34_skyline]

ofcourse 2nd hand. a brand new z cost around $58000

[usuckpoo]

I reckon theres a big difference btw what pple are asking for and what pple are actually willing to pay.

So u may see someone asking for $XXX on the papers, but that dosent mean he will actually get it.

Its ridiculous to see a 60k car depreciate just 5k a year esp in the first few years. If u ask me, i would personally put it at 8-10k for the 1st year, and mebbe 6-8 for the following year.

Think abt it. If it was asking 65k brand new...and it actually just depreciates 5 k a year, would u pay 60 k for a 2nd hand one when u can put in 5 k more and get a brand new one? At that level where u are forking out 60k for a car....how significant would 5k be?

[r34_skyline]

say if someone traded in a Z to the dealer. what would the trade-in value be ? mind u, ive never traded in an expensive car before, so im not familar with this.

[predator]

Dealer will bend you over.. they always do on a trade-in.

There is no solid rule of thumb.. Nissan sports seem to hold their value a lot better than your average commodore or worse still, falcon. Just have a look at the current price of an average S15 (200sx) of around 2001 to get a bit of an idea of where the prices will be in about 4-5 years.. They were on sale for $45k I remember new for a few years.

[r34_skyline]

27k est for spec S 2002.

yeh true. nissan sports seem to hold their value better compared to others. then again a 98-99 wrx still cost around 28k. subi are doing ok aswell.

[scathing]

350Zs will start dropping in price, now that the "honeymoon" period for the flash new coupe are over. It doesn't help that there is a "newer" model that makes more power. Coupes are fashion cars, and so after their initial release, when everyone wants one, the price drops as people move on to the next car.

It happened to the Monaro. When they came out, they didn't depreciate at all (some people managed to sell them above list price a year after, with the waiting period) but now that you see the Aussie 2 door taxis everywhere they're back to depreciating again.

The 350Z is the same. When they came out, they were pretty uncommon on the road and there was a 3 month wait for them. Now that you can't turn around without seeing one, the prices will drop.

And we've seen from HSV resales what happens when you churn out a new model every year with a little more power. With the 35th Anniversary model out, regular Track models might drop in price too.

The S15 held its value well because of its publicity, and then being discontinued. After winning PCOTY every arriviste wanted one (along with people who wanted to drive a quick Aus-delivered coupe in the $40K price bracket, and your hektic bros wanting to be "different" from their WRX counterparts), and when Nissan stopped building them people who would have paid new-car price couldn't get one, and so buoyed the used car market value.

[pentae]

I think a few of us know why the rx-8's are devaluating so fast, right?

[r34_skyline]

soo how much do 2nd hand 350z go for in Jap ? 30k ?

lol rx-8 looks alrite, dunno about their rotary though.

[NAman]

Just wait for the "new"- RX-7 to come out-

I think the prices for rx-8will drop even further- faster!

If we do evetually get the new Skyline you'll see the 350z drop quite a bit!

How long befor the R34 GTR's are under 50k- their getting close?

[r34_skyline]

hope that "new" is early next yr.

[krzysiu]

I reckon theres a big difference btw what pple are asking for and what pple are actually willing to pay.

So u may see someone asking for $XXX on the papers, but that dosent mean he will actually get it.

Its ridiculous to see a 60k car depreciate just 5k a year esp in the first few years. If u ask me, i would personally put it at 8-10k for the 1st year, and mebbe 6-8 for the following year.

Think abt it. If it was asking 65k brand new...and it actually just depreciates 5 k a year, would u pay 60 k for a 2nd hand one when u can put in 5 k more and get a brand new one? At that level where u are forking out 60k for a car....how significant would 5k be?

Things such as Vehicles depreciate on the reducing balance method.

For example:

Vehicle was purchased brand new for $60,000 and will be depreciated 15% RBM

1 year later: Vehicle has Depreciated $9000, Carrying Value: $51,000

2 years later: Carrying Value: $51,000, Depreciated (15% of Carrying Value): $7650 Current Value: $43,350

So in 2 years the Vehicle has an Accumulated Depreciation of $16,650

This works that the vehicle is depreciated more in its younger years and depreciated less in its older years.

Now if we did the same vehcile using the Straight Line Method were it is depreciated exactly the same ammount each year.

Vehicle was purcahsed brand new for $60,000 and will depreciate 15% SLM

1 year later: Vehicle has Depreciated $9000, Carrying Value: $51,000

2 years later: Carrying Value: $51,000, Depreciated $9000, Current Value: $42,000

So in 2 years the Vehicle has an Accumulated Depreciation of $18,000

Between the 2 methods there is a difference of $1,350, but if i were to continue in the years the difference would get much greater...

[slow13dude]

Come on, everyone knows you take a big hit in depreciation as soon as you sign on the dotted line. It's a new car thing. Get over it.

[The_Paladin]

Aussie cars dont depreciate that much compaired to the ones overseas..............the 'drive em till they explode' culture prevents that. once the new car warrenties run out on them all and they need to be serviced they're price will fall quite a bit.........

[Goon]

check out redbook: redbook.com.au

http://www.redbook.com.au/vehiclesearch/pr...=NISS02DD&veh=y

[r34_skyline]

check out redbook: redbook.com.au

http://www.redbook.com.au/vehiclesearch/pr...=NISS02DD&veh=y

lol, wish it was like that. i thought the 350Z arrived in Aus during late 2003 ?

[DivHunter]

Things such as Vehicles depreciate on the reducing balance method.  

For example:

Vehicle was purchased brand new for $60,000 and will be depreciated 15% RBM

1 year later: Vehicle has Depreciated $9000,     Carrying Value: $51,000

2 years later: Carrying Value: $51,000,  Depreciated (15% of Carrying Value): $7650   Current Value: $43,350

So in 2 years the Vehicle has an Accumulated Depreciation of $16,650

This works that the vehicle is depreciated more in its younger years and depreciated less in its older years.

Now if we did the same vehcile using the Straight Line Method were it is depreciated exactly the same ammount each year.

Vehicle was purcahsed brand new for $60,000 and will depreciate 15% SLM

1 year later: Vehicle has Depreciated $9000,   Carrying Value: $51,000

2 years later: Carrying Value: $51,000, Depreciated $9000, Current Value: $42,000

So in 2 years the Vehicle has an Accumulated Depreciation of $18,000

Between the 2 methods there is a difference of $1,350, but if i were to continue in the years the difference would get much greater...

Accounting gives me the shits, piss easy but OMG how boring. :chairshot

[scathing]

lol, wish it was like that. i thought the 350Z arrived in Aus during late 2003 ?

Would have been early 2003, at the very latest.

[r34_skyline]

mmm ok. coz i remember seeing the z near late 2003. i was like woah, nice car.