350z Market

[WhackyWill]

The point was that there are plenty of other sports cars (whether you rate them or not) in the same boat as Zeds, high running costs, potential for big bills, fuel, tax etc

 

Yes a one litre fiesta for £5k is not as much 'car' but in terms of practicality, cost of running etc it makes Zeds, Boxsters etc look pretty horrendous - and its these things that are important to some people.

 

 

 

Anyone looking for a sports car will have zero interest in what price you pay for an economical run around and if your looking for a sports car you will expect the incurred costs and personally I dont think the Zed rates badly, mpg etc

 

Its getting old Is the simple answer, all cars depreciate.

 

Not all cars deprecate. take the Ferrari Dino as an example... :thumbs:

[370Ad]

Its all about buying the right car and selling at the right time I think.

 

In Spring Z prices shot up so hold off until 2015 if you can.

[Jetpilot]

The point was that there are plenty of other sports cars (whether you rate them or not) in the same boat as Zeds, high running costs, potential for big bills, fuel, tax etc

 

Yes a one litre fiesta for £5k is not as much 'car' but in terms of practicality, cost of running etc it makes Zeds, Boxsters etc look pretty horrendous - and its these things that are important to some people.

 

 

 

Anyone looking for a sports car will have zero interest in what price you pay for an economical run around and if your looking for a sports car you will expect the incurred costs and personally I dont think the Zed rates badly, mpg etc

 

Its getting old Is the simple answer, all cars depreciate.

 

Not all cars deprecate. take the Ferrari Dino as an example... :thumbs:

 

And Delta Intergale, Porsche RS variants etc i meant on the whole as i am sure you know

[Jetpilot]

Yes but the original point was it is 'so much car' but values are so low - I pointed out that so much car means different things to different people.

 

I must be reading a different thread

 

This discussion went on regularly on the Rx7 forums, probably does on every forum i guess, as smd will tell us (frequently), owners wear rose tinted glasses (whatever their chosen marque), no more so in what we perceive the "value" of our cars to be.

 

The values are only going to drop more, on the most part, thats just the nature of owning a car, whatever it may be

[The Seasider]

However upsetting it may make you - the market finds it's own level.

 

You can't say 'I wouldn't sell it for that' or 'I'll hold out for the right price' because if you have that attitude you won't sell it.

 

The problem with almost all specialist cars - and I've owned a fair few - is that people assume that cars actually sell for what they see people advertise them for and so people use that as 'the benchmark' for values and so the market gets distorted between illusion and reality.

 

When I'm buying, I don't look for the best car - I look for the weakest seller.

 

When I'm selling I make sure that my car is the best value car on offer - and they go.

 

I usually play the long game - start out asking what I think it's worth and progressively reduce the price until the phone starts ringing off the wall.

 

I recently sold a boxster within 2 hours at the highest price I could have reasonably expected and yet my mazda cx7, which I thought would command a good price - I steadily reduced over 6 weeks by £1000 before I got 'the magic phone call'

 

It's the public that set the prices not us sellers.

 

 

 

[BulletMagnet]

Seasider aka Richard Rawlings

[Rock_Steady]

I have just sold a 23 yr old gt4 st185. It was highly modified and had a few subtle changes to its original appearance i.e. more stealthy. I sold it for quite a lot more than most would sell for. How was that possible? Because it was a rot free, genuinely nice car. If you have a nice car from any make, you'll get a good price for it. There will always be someone who'll give you just about what you want for it if it's a nice example irrespective of the market value according to what they go on Ebay for, or Autotrader.

Edited August 29, 2014 by Rock_Steady

[ilogikal1]

You can't say 'I wouldn't sell it for that' or 'I'll hold out for the right price' because if you have that attitude you won't sell it.

 

Erm... I think that's kind of the point.

[coldel]

I have just sold a 23 yr old gt4 st185. It was highly modified and had a few subtle changes to its original appearance i.e. more stealthy. I sold it for quite a lot more than most would sell for. How was that possible? Because it was a rot free, genuinely nice car. If you have a nice car from any make, you'll get a good price for it. There will always be someone who'll give you just about what you want for it if it's a nice example irrespective of the market value according to what they go on Ebay for, or Autotrader.

 

This

 

I can see the point of the weakest seller approach, but whenever I buy a car I buy with a view to selling at some point - my VX220 went in a week, much more specialist than a Zed, during November, so totally out of season. I sold it at a couple of hundred quid below asking price. It sold because when I was buying I paid good money for a car which was spotless, no marks, no bubbling, good mileage etc. I am happy to pay that bit more because I know it will mean come sale time I want it sold quickly and put me in a good position to hold my nerve in terms of price.

[The Seasider]

Richard Rawlings - I had to google who he was!

 

That's well bad innit - as I believe the modern vernacular goes

 

I part agree with what Coldel says in that if you buy a good car and keep it clean it should pay you back - but, I would prefer a cheap, lowish mileage, tatty car that me and 'my team' can turn into a gem than to overpay for it in the first place. But, it is my hobby and the cars are not my daily drivers - so, I may have a different perspective to a lot of people.

 

Getting people to buy your car is mainly to do with the marketing of it - which is a fairly obvious statement - but I very rarely see private sellers displaying well written, honest/balanced ads and I very rarely see a clean and carefully prepared car when I turn up. Descriptions are usually filled with meaningless hyperbole and - and this is my pet hate - what one person thinks is 'excellent condition' very rarely qualifies as such at an objective level.

 

Writing a good ad is within everybody. Take time to research your facts, provide all possible detail - people will filter out what they don't want - be honest and don't overplay the car's condition unless it really is 'as it left the showroom'.

 

Prepare the car for sale - again, it sounds obvious but if you don't clean it and, ideally, polish it and keep it clean during the sales period - you will make life difficult for yourself. If it has any damage on it get it repaired - you will lose far more value by 'making allowances' for it in the price.

 

Don't say stuff like 'no tyre kickers, test pilots or timewasters' as you will scare off perfectly good potential buyers - as people will feel obliged to buy the car if they go to see it for fear of you calling them names!

 

In my ads, I nearly always say : 'come and view with confidence, I will refund your fuel if the car disappoints'. This obviously means that I have to describe the car very honestly - but, on the other hand, I have never up to now had to pay up!

[docwra]

And Delta Intergale, Porsche RS variants etc i meant on the whole as i am sure you know

 

I bought a clean Grale for £2500 a few years ago, a mate bought a 996GT3 CS for £25K about 10 months ago, hes already made £10K on it I reckon. Even Ferrari Dinos were cheap as chips once upon a time, its when the numbers dwindle that the prices start jumping back up again, recent examples including Toyota Supra, S13 200SX, R32 Skylines to name but 3.

 

Theres a lot of Zeds, they are quite juicy, not cheap to run and have been superceded by a new model (thats also depreciating) so they are going to do exactly what everything else like that does, depreciate until there arent many left and then go straight back up again

Edited August 29, 2014 by docwra

[greg tl]

Hello, just thought i'd let you know that its August!!!

 

Most retail outlets find August is the hardest month. On the whole, school holidays and holidays abroad take priority with most people so they are not here. And if they are they are, they are either going on or just got back from an expensive two weeks.

 

Suck it up til September and you may have some luck or wait til March to get what you want for your car, because you will get it eventually.

 

Plus, (I like your car), so not meaning to get personal but you have an Orange JDM manual with cloth seats, 20" wheels and a bodykit. You have to face facts that its not EVERYONES cup of tea. A UK GT car, roughly same age, in blue with no kit with the same miles, priced up for a grand more would have sold within a week.

 

We sell a lot of Zeds of most different ages and from a sellers point of view, i would say, dersireable cars, ie decent colour, (black or blue) with under 60k miles, I am still paying the same prices as last year so I think prices are remaining pretty steady.

 

 

Greg

[The Seasider]

Cruel but fair

[greg tl]

I didn't think it was cruel...

 

When SJ bought his car he liked it and someone else will too.

 

Facts are facts tho, who would you choose...??

 

Cameron Diaz or David Cameron?

 

Thought so...

[coldel]

Richard Rawlings - I had to google who he was!

 

That's well bad innit - as I believe the modern vernacular goes

 

I part agree with what Coldel says in that if you buy a good car and keep it clean it should pay you back - but, I would prefer a cheap, lowish mileage, tatty car that me and 'my team' can turn into a gem than to overpay for it in the first place. But, it is my hobby and the cars are not my daily drivers - so, I may have a different perspective to a lot of people.

 

Getting people to buy your car is mainly to do with the marketing of it - which is a fairly obvious statement - but I very rarely see private sellers displaying well written, honest/balanced ads and I very rarely see a clean and carefully prepared car when I turn up. Descriptions are usually filled with meaningless hyperbole and - and this is my pet hate - what one person thinks is 'excellent condition' very rarely qualifies as such at an objective level.

 

Writing a good ad is within everybody. Take time to research your facts, provide all possible detail - people will filter out what they don't want - be honest and don't overplay the car's condition unless it really is 'as it left the showroom'.

 

Prepare the car for sale - again, it sounds obvious but if you don't clean it and, ideally, polish it and keep it clean during the sales period - you will make life difficult for yourself. If it has any damage on it get it repaired - you will lose far more value by 'making allowances' for it in the price.

 

Don't say stuff like 'no tyre kickers, test pilots or timewasters' as you will scare off perfectly good potential buyers - as people will feel obliged to buy the car if they go to see it for fear of you calling them names!

 

In my ads, I nearly always say : 'come and view with confidence, I will refund your fuel if the car disappoints'. This obviously means that I have to describe the car very honestly - but, on the other hand, I have never up to now had to pay up!

 

I don't have a 'team' nor the skills to do things myself - so buying tatty and fixing up is not on the agenda

 

If you don't have guys that can do fixer uppers for you on the cheap, buying tatty can turn into a lot of money which would mean selling at a higher price doesn't equate to a better margin on return.

[The Seasider]

I'm not a trader, it's not my business, I don't employ anyone - I've just got a few people to sort dents, paint panels, refurb wheels and do general maintenance.

 

I source all the parts myself, do all the cleaning and detailing myself, I can spray a bit of paint - so expenses are kept to a minimum.

 

My cars are always immaculate when they have been through this process - which is how I like them to be - and it always makes them easy to sell at the end (apart from the mazda cx7 - maybe :-) )

 

As I said in an earlier post - it's a hobby at the end of the day - it wouldn't suit everybody, I'm not trying to convert anyone - I was just passing on my opinions on something that I believe that I do quite well, as it enables me to run a number of cars for the cost of petrol, road tax & insurance - as I never suffer any depreciation (apart from the cx7!)

[nowhereboy]

Richard Rawlings - I had to google who he was!

 

That's well bad innit - as I believe the modern vernacular goes

 

I part agree with what Coldel says in that if you buy a good car and keep it clean it should pay you back - but, I would prefer a cheap, lowish mileage, tatty car that me and 'my team' can turn into a gem than to overpay for it in the first place. But, it is my hobby and the cars are not my daily drivers - so, I may have a different perspective to a lot of people.

 

Getting people to buy your car is mainly to do with the marketing of it - which is a fairly obvious statement - but I very rarely see private sellers displaying well written, honest/balanced ads and I very rarely see a clean and carefully prepared car when I turn up. Descriptions are usually filled with meaningless hyperbole and - and this is my pet hate - what one person thinks is 'excellent condition' very rarely qualifies as such at an objective level.

 

Writing a good ad is within everybody. Take time to research your facts, provide all possible detail - people will filter out what they don't want - be honest and don't overplay the car's condition unless it really is 'as it left the showroom'.

 

Prepare the car for sale - again, it sounds obvious but if you don't clean it and, ideally, polish it and keep it clean during the sales period - you will make life difficult for yourself. If it has any damage on it get it repaired - you will lose far more value by 'making allowances' for it in the price.

 

Don't say stuff like 'no tyre kickers, test pilots or timewasters' as you will scare off perfectly good potential buyers - as people will feel obliged to buy the car if they go to see it for fear of you calling them names!

 

In my ads, I nearly always say : 'come and view with confidence, I will refund your fuel if the car disappoints'. This obviously means that I have to describe the car very honestly - but, on the other hand, I have never up to now had to pay up!

 

YES! So many awful adverts on pistonheads it's cringe worthy. I'm constantly browsing the website at work and it's shocking how bad some of the adverts are.