HRAB

32 minutes ago, Alexb811 said:

Hello guys, I help Mitchell out with north east zeds if your still up for a meet sometime. Let me know cheers.

Hi Alex,

Yes i’m up for a meet still. I tried joining the Facebook group but didn’t get a response.

Can’t remember the reg...ended kwa or something. 

Car looked sweet! I was behind you for a few minutes. 

There is a group called “North East Zeds”. I have clicked to join that.

Welcome, great looking car. A few of us around your way if you fancied a spin.

Went out for a spin tonight. Some fantastic roads around.

Be great to get a few more people out next time! 

3 hours ago, Woodzman said:

Should be able to get away for a quick spin in the evening. Trouble for me this time of year is I'm never quite sure how long I'll be working. Make it 7.30 ish, in Pont if you like, Blackbird?

Sure sounds good mate. Let me know if anything changes.

Any other NE drivers fancy a drive, the more the merrier!

Got a Cobra exhaust with Y-pipe, HKS drop ins and a remap done at Abbey the other day. 

Pictures attached for those that are interested. 

Car feels great and sounds how it looks. I’ve added a quick video of the exhaust, really need some base to get close to how it sounds in real life (yes it needs a clean!)

I’ve seen some people claim it’s not worth remapping an NA. Couldn’t disagree more!

46 minutes ago, Woodzman said:

That's a shame, yesterday was a nice day for a drive. Wasn't sure of timings. Anyway, today is a right off, still raining hard here in Alnwick. At least i'm not working!

 

Want to try another weekend? Same venue?

Sorry mate, I should have said something! 

I’m over in Ponteland so not that far from you. You free on Tuesday? I’m about all day and evening if you wanted to go for a spin?

I’m away for work over the next couple of weekends. Although would still be good to get a date in the diary.

21 hours ago, Woodzman said:

Any updates? I've not managed to get on the facebook thing.

 

Same. 

I went up to Cresswell yesterday, I should have  confirmed it on here! 

Weather is pretty terrible today, no good for a drive! 

7 hours ago, FallenAngelX said:

Just for clarity, when you say "bottomed out" what sort of spec car are we talking here, GT edition with how many miles?

I was comparing a 350 DE vs a 370GT. You could compare average price across all models or other comparisons such as 350HR vs 370nismo. They will all have different numbers attached to them. I was focusing on what I thought was probably the most common models. I probably wouldn’t include cat write offs either.

36 minutes ago, sipar69 said:

I think this thread is rapidly depreciating in value and ought to be sent to the scrap yard. 

What if it’s about to become a classic?! Could be the NSX of threads 

31 minutes ago, Jetpilot said:

 

 

So out of curiosity as youve obviously given it some thought, whats your prediction of where the 370z will end up at its bottom value?

When I said drop significantly I meant significant spikes, not total drop in value. I expect the total value to drop a lot over time but not necassarily drop to the same level as the 350s. What do I expect the bottom value to be on the 370s?! That’s the question! If I were to guess that the 350 bottomed out at 3k then I would hazard a guess say the 370 may be something more like 4K. 

6 hours ago, coldel said:

I know I am going to be unpopular for saying it but I cannot see 350z values going up any time soon. In 10-20 years time there will still be a few kicking around and they might start to look like going for x2 to x3 what they are going for now. I think 370z's will always be a touch higher in price as the interior is better and refinements but anyone owning a 350z right now is going to be looking at the long game in terms of seeing prices go up due to classic status.

 

300zx's were Ferrari money new, and are now very rare and aged at over 25 years old but good ones still can be had for £5k-£8k. Even my own Celica is knocking on the door of 24 years old, has rally heritage, even had its own game on Sega but are pretty cheap to buy. I am not sure the Z badge has the kudos of something like the GTR badge to be pushing silly money. 

 

Anyway that's my tuppence worth.

I maybe the only other person that thinks this 

28 minutes ago, StormWhite said:

AS my car has only done 4700 miles I really don't know but I guarantee if you are not a cash buyer its down to what you are intending to PX for. I expect my car to depreciate and after owning two Vauxhall's I am used to having my pants pulled down when its time for a newer car.

 With this thread I’m curious about the rate of depreciation. Someone mentioned the depreciation curve, which is correct. Different curve for every vehicle. I’d be interested to see how they would look for the zeds.

7 minutes ago, StormWhite said:

Last year I bought a 2017 Base model (ex demo 370 miles) for £24k. Was happy with that as their PX value on a Corsa VXR (2015 15k miles) was very generous.

What do you think the value of your car is now? Just trying to get an idea of drop if any.

3 minutes ago, StormWhite said:

Price Tanking???  I think not.

 

The cheapest 2016 Base model with 14000 miles is £21.5k.

How much were 2016 base models going for a year ago? I had mainly been looking at earlier models. 

Welcome to the group!

1 hour ago, DAN@ADRIAN FLUX said:

Hi.

When you're ready if you need any help with insurance at all then please feel free to drop me a line.

Regards,

Dan.

Thanks Dan. Will give you a shout when the time is nearing.

The black one was passing through the car park next to McDonalds at about 1230

10 hours ago, NEroadster said:

I was half a dozen cars behind you going past the Toby. Didn't see the black one though. 

I'm not used to being stalked by  a Zed without seeing it! 

3 hours ago, Jetpilot said:

Davey we are not discussing new values, we are discussing trends in values and what makes a car depreciate and appreciate and there is nothing to suggest a 370z wont depreciate to current 350 values, as said elsewhere, its a mass produced japanese car with no outstanding features or following and that is what drives the market (see m3), not what came before it and its respective values.

 

Its fairly clear neither you or hrab want to accept some good examples of history or any supporting facts so little point going round in circles.

Got no problem with stats being used to help put your opinion forward mate. That is what it is though, an opinion....not a fact. None of us can see the future!

I’ve got no problem with the examples you used to get your point across. I don’t necassarily agree that those are what is going to happen in this situation. In fairness Davey didn’t agree with my point of view either so probably isn’t right to club him with me 

2 hours ago, Jetpilot said:

Ive agreed with you dude, an M3 was in budget but i wanted a 350 (i am that man you describe), but no matter the romantic ideal of wanting a lesser car imho more characterful, i thought my my 350s were a pleasure to own, you cannot escape the facts and you only have to look at M3 prices now, opinions of being visually lost on the road has absolutely zero bearing on current prices or demand, surely that is clear, argue the merits of each car all day if you like and they were direct competition by the way but thats a completely different topic. We are talking values and demand and its clear because of the M3's prices in comparison to either z where that demand lies, there is no speculation, it is just the case plain and simple. Or lets ask another question, is there any Nissan Z car worth more than its counterpart M series? I will save you the time, No.

 

Hrab you are right, there is always an exception to the rule, NSX is a good example, low sales but now an appreciating classic and i shall choose my words carefully, if you honestly think the 370z has the merit of the NSX to break the rules, go buy a few and see how you get on in a few years. Regarding the HR, it is the best and last incarnation, thats where its value lies, same as the Spirit R Rx7.

 

I think you are mixing current demand with the speculated demand that we are talking about. 

I’m not suggesting a 370 is going to be an NSX “like” future classic. (Damn I want an NSX now). Purely talking about that I don’t think the 370 will hit the same low as the 350. I’ve not looked at how many HRs were sold in comparison to the others. What proportion of HRs make up the 350s currently on road?

Spotted today driving through Kingston Park (North East). M22***

Lovely looking car, Nismo kit?

21 minutes ago, Jetpilot said:

Sorry Davey, you are totally clutching at straws if you think the 350 had anything to do with a new gtr being released.

 

When i was looking for my first 350 a few years back an e46 m3 was in budget, it wasnt that far away in price, a couple of grand, but i really didnt want one  and here is the kicker though, you have to be put emotion aside. 

 

A quick look on ph shows the cheapest e46 m3 at £8k (twice what you can get a 350z for), others at £20k +, thats 02/03 cars, when did you last see a 350z at £20k. E92 m3 prices havent really moved for a couple of years at £14k, they have reached the bottom of their depreciation curve and perhaps another insight into why there is no reason a 350z wont be worth more than a 370z in the future seeing as e46 m3 can cost more.

 

As per the op's thread, 370z prices are still falling, sorry dude, that tells you all you need to know about the way its heading.

I don’t agree. I love the E92 M3, it was different and linked into a slightly different market. I might just add that there have always been other rival brands out there for the 370. I love that the 370 looks unique on the road, I rarely ever see them. Realistically although the M3 is a great car, visually it gets lost in the sea of other BMWs currently on the road.

Of course the 370 is still falling, I think everyone expected that. What has shocked me is I felt there was a steady decline before but in the past year seen sellers dropping prices by a fair bit more.

The most popular model to sell is not necassarily the one that turns into the valuable classic.

What I will say is that there is always an exception to the rule. When speculating on future values of a model of car you may not include special editions, car used in a movie or owned by a famous person (I know those are the obvious ones). Certain model variants could be included though potentially. How many HRs are out there and how many are worth that top end price. Then compare that to the vast majority of 350s on the road, what their values are. Are HRs an exception to the rule? 

I think Davey has a strong point with the history of the 350. People do like a story connected with the model and I agree the 370 probably doesn’t have that. I do think that having fewer 370s on the road already will make a big difference. People keep talking about supply and demand. Even when demand appears small (as it is with a lot of classics.....the general populas are not out to buy classics) the supply of the 370 is also low. Or at least it will be when the next model comes out. May find that it balances out. 

9 minutes ago, davey_83 said:

What always hurts any model in a manufacturer's line up is the release of a newer version. 350 prices of course have gone right down but some say have held steady for the last 3/4 yes for good examples. What is arguably holding the 370's up is the fact that there's no Nissan replacement as yet. So to those not in the know a 10 plate can look like a 16 plate. But once there's a replacement a 16 plate can look like a 10 plate and prices will fall fast. 

Definitely expecting this to happen when the new Zed model is released (unless it ends up being some kind of SUV that’s only a Zed by name )