HRAB

17 minutes ago, MDMetal said:

Yup exactly this, the appeal of the 350 is the cost to entry for the power given and the availability of mods and parts, the 370 fairs a bit worse there and the looks are subjective, otherwise what's the real difference? They're very similar to drive, one has a slightly nicer interior and slight more modern styling but they're niche. I see the 350's having larger demand and therefore when prices bottom a higher demand.

The styling is definitely subjective (on both the 350 and 370) and I agree with you about the availability of the mods, although I would hope this will increase over time for the 370 as it did with the 350. 

50 minutes ago, Jetpilot said:

 

So i detect a whiff of snobbery (see below) and rose tinted glasses towards your perception of the 370.

 

I am not sure why you think the de is "low spec", there is very little actual difference between a de, rev up and hr in terms of performance and looks, slight styling revisions and interior layout, trim levels are all near identical and a few more revs, i am not saying the hr is not the more appealing car for those changes but certainly wouldnt describe the de as "low spec". the 350z across all levels is a great car and not a million ways away from the 370. 

 

The 370z is a mass produced Japanese car, just like the 350, there is absolutely zero reason why it price wont continue to come down and there could well be a crossover point where 350's will be worth more than 370s, there are plenty of examples out there, 240z to 280z, r32gtr to r33gtr if we with Nissan, older cars worth more than their newer brothers, history suggests totally the contrary to what you think.

 

Prices are falling because thats what cars do (excluding a few exotica), the 370 is an old car with an old design platform, sorry my friend there is nothing special about it that will stave of depreciation, the only one that might fare better is the Nismo just because of low volume, if you dont think your 370 will go the way of the 350, you are in for a nasty shock. 

 

 

Really isn’t any snobbery here, apologies if you got that impression. I love both cars and would happily own another 350. 

I think you have missed the point I was making. At no point was I suggesting the 370 wouldn’t depreciate. In fact this whole thread has been about depreciation of the 370 and me asking why this appears to me to have happened more severely recently.

I was suggesting I don’t think the 370 will depreciate in the same way as the 350....just an opinion. I get the impression people are taking this as a personal attack on their 350s. It really isn’t meant as that and I hope isn’t being seen that way. Purely speculation on pricing!!

There is a reason the HRs are worth a fair bit more than a lot of DEs out there and it’s not purely age. When the 350s are a classic I don’t think it’s unreasonable to say that the HRs will be more highly sought after.

7 minutes ago, davey_83 said:

I don't follow you, as the 350z far out sold the 370z out the showrooms........ we've already established that today a 350z can be worth more than a 370z. You a plucking figures out of your back pocket...... Almost all 240z are worth more than a 280z........ entry Ferrari 599's are asking less than an entry 550M.... New doesn't ultimately mean more worth...... Time and demand determines values. 

The example was hypothetical. The figures were not supposed to be taken as fact, just used to demonstrate a point.

Of course there are plenty of examples of cars where older more sought after models have gone beyond newer in value. I am specifically talking about 350s versus 370s and that I don’t think, generally speaking, 370s will bottom out to the same point as 350s. 

Time and demand determines value. I agree.

This was more meant as a discussion about a recent drop in value and asking the reason.

11 minutes ago, davey_83 said:

If the 350z and 370z were the same price?? You mentioning DE so theres a good age gap between the two vehicles, so thats not a fair comparison. Lots of folks will always want a newer car for the money, regardless if it's better or not. 

This was exactly my point. It’s not about a fair comparison, it’s about value of the cars. I believe people are more likely to choose a 370 over a 350 If the price was either the same or very close. This means that the 370 will not drop to the same level as the 350. 

In other words if we said that the average bottom end price, where the car no longer depreciates, was £3500 for a 350. I would be very surprised if the 370 ever hit that as an average bottom end price. Would a 370 ever be worth £3500 or less? 

I am generalising and of course you can get an HR at a higher price than cat C high mileage 370. I could well see the HR becoming the model sort after as a classic.

6 hours ago, Jetpilot said:

 

I am curious as to why you dont think the 370 will drop down to 350z prices, they werent that much more expensive when new so only stands to reason they will get close and if you check sales figures, they werent that popular, you could see that two ways i guess, fewer on the market/rarer so less choice and values will steady or they arent going to suddenly gain in popularity so a smaller market place of buyers and prices will drop.

 

I asked a similar question sometime back about depreciation, cars i have been watching have come down over the last 6 months and that was cars that have been firm on price for at least a year or more, i am thinking its just down to general age. If you do a search with a budget of 10-12k, there a lot of very desirable high end cars (Porsche, BMW, Merc etc) in there that have crept into 370z budget so thats going to have a knock on effect too. Perhaps also worth considering there are some stonking deals on new high end stuff thats also drawing people away and driving prices down.

 

Looking at some of Japanese stuff, S2000, Skylines, S bodies, Supras (now worth more than 350's and some worth more than 370's) there will be a crossover point and a 350 will worth more than a 370 in a good few years.

The 350 and 370 are very similar cars. I personally think if both cars were the same price that people would pick the 370 (not trying to start a flame war!!).  If that was the case then it would automatically push the 370 prices above the 350. That’s partly why I don’t think the price will drop below.

They sold fewer 370s for a number of reasons. I do think having fewer of these on the road should help maintain its price. I’m not sure you’ll see people buying 370s as cheap drift cars like the 350.

Yes I agree that the 350 is not far off being on the way up as a classic. If/when this happens i’m not convinced all 350s will be sought after. I’m not sure the low spec DEs would necassarily be up there. 

I can’t see the 370 dropping to 350 values though. I think the 370 will always be the more expensive car hence why I would surprised if the value continues to drop significantly. 

I guess my real question is what is causing the recent significant drop? Fuel prices? MPG? Brexit!!!??? 

Nah mines not new. 60 plate. I’m just surprised at how quickly and by the level of drop in value.  I’d expect it more for the newer cars. I guess I was kind of hoping the older 370s were close to their bottom as the 350s are.

Bought a 350 about 5 years ago. Sold it a year on for a similar price. 

Bought my 370 2 years ago and the prices people are putting up online seem really quite low! I don’t think I over paid at the time. 

Am I just imagining it?!

Cheers for the replies.

Maybe i’ll park the car on the street! 

I’ve got a bit of time before my renewal so will shop around. 

I'm just messing around with quotes at the moment for when I renew in a couple of months. I'm having a couple of mods done so wanted to see what sort of difference that was making. 

The quotes were really inflated...even though I have now moved house and the car is secured in a garage.

I also had a minor non fault accident last year, didn't lose my no claims. Has anyone here had any experience of how/if the a non-fault claim has effected their premiums?

8 hours ago, AaronC350z said:

Hi Mate,

 

There is a lot of Zs in the north east of england last meet I think we had 9 Zs the meet last night we got 6 ! so with regards turn out its not been to bad, a lad by the name of mitchell has started a group chat on facebook with a lot of north east Zs in it and he has been arranging meets through that as it has the plan function ect to get an idea of numbers, just seems a bit easier for communication and confirmation of attendance. If your on facebook let me know and we can get you in the circulation. 

 

Thanks

 

Regards 

 

Aaron 

I'm up for this if I can be added to the facebook chat.

16 minutes ago, Woodzman said:

I'll try and get along but harvest is about to kick off so might not have much time. Almost certain to make it if you pick a rainy weekend!

 

Any thoughts on a venue?

I was looking at the Drift Cafe up in Cresswell. Great roads, normally plenty of space in either the dedicated car park or public car park. They do good well priced food in there.

I was thinking a late morning/midday sort of thing. 

I just had a quick look but can only find one with a group by that name with one member.

41 minutes ago, fergie1471 said:

There is a facebook group chat going with quite a few Zeds in now that have meets. Think its just called north east zeds

Thanks Fergie, i’ll join it on there. I was hoping to get a little meet going on the weekend of the 11th/12th of August. 

5 minutes ago, Ekona said:

Pearoast. 

Oops, didn't see the post in general!

Mods please lock/delete.

Just for anyone that is interested. Repair and mod series on the 350Z.

I was wondering the same. 

I’m looking at putting something together for a weekend coming. See if I get much interest! 

As the title.

Looking for recommendations in the North East. I always used Abbey in the South but have moved so need a reliable garage.

Passed you outside East Surrey College. Great looking car, GT4? 

I'll be trying to get it into a garage asap but wondered what people thought.

On the motorway doing 69mph and the engine management light started flashing. I had just changed lanes and had gone over some rediculous pot hole. Flashed about 15 times then stopped. 1 minute later it did this again. After this went on for about 3 times it stayed on. The car felt like it had lost a cylinder, it would accelerate but slowly. It also sounded rough and additional vibrations coming through the gear stick. I pulled over, restarted the engine and it fired up fine with the light gone. 

It will be due its 72k service imminently, could it just be the plugs need changing?

Great looking (and sounding) car mate.

....and yes I do spend my time driving around roads trying to find other Zeds 😂

Saw today around 1830 junction 10.

Asthmatic washing machine 😂

I'm considering a cobra system. What is it like on the motorway? I do a lot of motorway miles and not sure I could hack a constant drone!

Also have you gone for the y-pipe?

The drivers side door lock/unlock button has stopped working. The passenger side still works and keyless stop start. Key battery is fine. It happened the other day after I was in the car and pressed to lock the car from the inside. Any ideas for a fix?

I'm going. Looking forward to it!