depreciation

[leebottrill]

A question. Because the 350z is no longer made, and finding a good example with low miles it's becoming harder is the 350 z going to become classic and hold its value and maybe even increase in value as good examples become rarer? surely they can only depreciate to point?

[spursmaddave]

A question. Because the 350z is no longer made, and finding a good example with low miles it's becoming harder is the 350 z going to become classic and hold its value and maybe even increase in value as good examples become rarer? surely they can only depreciate to point?

 

No it will not become a classic

[WhackyWill]

That's because its already a "classic"...

[hensh65]

Was speaking with another forum member about this last night. Its a hard one as with the demand for a fast car always high then you can see them becoming a "shed" but would be interesting to see what happens when the 370zs become cheap as the 350z is always going to be cheaper. They could force the price down on them sadly.

[GMballistic]

If we could all tell what cars are going to become classics then we'd all be millionaires in the future.

 

There is no way of telling ~ I mean look at all the people who probably sold or crushed there old Escort Mk1's or Escort Cosworths etc. You just never know.

[350zmadconnor]

Whilst every once on the subject of 350z trying to find a good we'll looked after I came across this it's up for sale £6695 and don't think he's willing to drop as it says no offers it's got 92k on clock what's people think or am I best waiting it out to Christmas seeing if prices drop :/

 

 

Sent from my iPhone using Tapatalk

[CharlieGSXR]

Future classic cars are cars that don't get replaced, unfortunately the 350 has been replaced. Or they get replaced by something that isn't as good.

It also has the be in a film or used for a motorsport.

 

Those are my thoughts anyway, i've always thought the Chrysler Crossfire will be a future classic as there is nothing like that shape!

[Dynamic Turtle]

AFAIK the market has only Jap "classic" award in the last 30 years; the NSX. And the Zed simply isn't up in those leagues in terms of either engineering or build, regardless of how much we might love it.

 

All that matters is that the 350z a classic in MY eyes. Everyone else can faff off.

 

I think people agree that the 240/260z is a classic but are you going to keep your 350z in a carcoon for several decades years? No thanks.

[JetSet]

If we could all tell what cars are going to become classics then we'd all be millionaires in the future.

 

There is no way of telling ~ I mean look at all the people who probably sold or crushed there old Escort Mk1's or Escort Cosworths etc. You just never know.

 

Some of the worst cars ever made have become "classics". Even if they don't become classics they will hit rock bottom then appreciate. Some old American cars that were made in the millions and were worthless 10 years after they were made are now rocketing in value, like for example The Ford Edsel or Ford Fairlane . It's like anything that's made , the older it gets, the less there are and the value goes up, Hang on to your Spectrum 48k for long enough and it'll be worth a fortune by 2100 . When I auctioned 25 years worth of Autosport magazines on E-Bay I thought I'd be lucky to get a tenner, in fact there was a bidding war and I got £150. The guy I sold them to only wanted three of them as for some reason these three were very rare (but he took the lot )

 

Seriously though, there's little chance of The 350Z going up in value for many years, at least 30 and probably 50 or more years. I'd say pretty much the same for any of todays mass produced cars. A classic, hard to say, it's future generations who'll decide that.

 

 

Pete

[ATTAK Z]

............... i've always thought the Chrysler Crossfire will be a future classic as there is nothing like that shape!

 

Yes there is ... a spaniel having a dump

[Bems]

The crossfire is a god awful car tho so that alone will stop it becoming a classic

[CharlieGSXR]

The crossfire is a god awful car tho so that alone will stop it becoming a classic

 

But so many cars that have been awful cars have turned into classic cars! Like the Triumph Stag

[CharlieGSXR]

............... i've always thought the Chrysler Crossfire will be a future classic as there is nothing like that shape!

 

Yes there is ... a spaniel having a dump

 

Hmmmm i've never looked at it that way........ i suppose it does yes haha

[ATTAK Z]

............... i've always thought the Chrysler Crossfire will be a future classic as there is nothing like that shape!

 

Yes there is ... a spaniel having a dump

 

Hmmmm i've never looked at it that way........ i suppose it does yes haha

 

 

 

I rest my case lol

[CharlieGSXR]

............... i've always thought the Chrysler Crossfire will be a future classic as there is nothing like that shape!

 

Yes there is ... a spaniel having a dump

 

Hmmmm i've never looked at it that way........ i suppose it does yes haha

 

 

 

I rest my case lol

 

Well now i cant look at a crossfire the same way

[Kev]

I don't think they will become true classics. But look at how much old escorts are selling for. They were hardly rare or well built.

 

They seem to be selling for better money than tt's and z4's.

 

I think in a few years original, low mileage cars will increase in value. Due to all the track cars, modified cars and write offs.

 

I also think it's design will age well compared to the 370z.

 

This guy claims to be honest

http://classics.honestjohn.co.uk/askhj/answer/40607/nissan-350z---future-classic-

 

Many "experts" tip them as future classics.

 

As for the post saying "it can't be a classic if it's been replaced". Try buying a e30 m3 for the same price as a e46.

Edited June 15, 2014 by Kev

[spursmaddave]

That's because its already a "classic"...

 

In what sense of the word?

[spursmaddave]

Was speaking with another forum member about this last night. Its a hard one as with the demand for a fast car always high then you can see them becoming a "shed" but would be interesting to see what happens when the 370zs become cheap as the 350z is always going to be cheaper. They could force the price down on them sadly.

 

But they are not a fast car really, modern hatchbacks are just as quick

[spursmaddave]

I don't think they will become true classics. But look at how much old escorts are selling for. They were hardly rare or well built.

 

They seem to be selling for better money than tt's and z4's.

 

I think in a few years original, low mileage cars will increase in value. Due to all the track cars, modified cars and write offs.

 

I also think it's design will age well compared to the 370z.

 

This guy claims to be honest

http://classics.hone...future-classic-

 

Many "experts" tip them as future classics.

 

As for the post saying "it can't be a classic if it's been replaced". Try buying a e30 m3 for the same price as a e46.

 

He also says the best one is the 300PS roadster.... good call

[Kev]

Was speaking with another forum member about this last night. Its a hard one as with the demand for a fast car always high then you can see them becoming a "shed" but would be interesting to see what happens when the 370zs become cheap as the 350z is always going to be cheaper. They could force the price down on them sadly.

 

But they are not a fast car really, modern hatchbacks are just as quick

 

 

 

A e92 320d can beat a e30 M3 in a straight line.

 

 

It has no bearing on which one is a classic car.

[Kev]

I don't think they will become true classics. But look at how much old escorts are selling for. They were hardly rare or well built.

 

They seem to be selling for better money than tt's and z4's.

 

I think in a few years original, low mileage cars will increase in value. Due to all the track cars, modified cars and write offs.

 

I also think it's design will age well compared to the 370z.

 

This guy claims to be honest

http://classics.hone...future-classic-

 

Many "experts" tip them as future classics.

 

As for the post saying "it can't be a classic if it's been replaced". Try buying a e30 m3 for the same price as a e46.

 

He also says the best one is the 300PS roadster.... good call

 

Your one to talk about good calls....you drive a jag.

[spursmaddave]

Was speaking with another forum member about this last night. Its a hard one as with the demand for a fast car always high then you can see them becoming a "shed" but would be interesting to see what happens when the 370zs become cheap as the 350z is always going to be cheaper. They could force the price down on them sadly.

 

But they are not a fast car really, modern hatchbacks are just as quick

 

 

 

A e92 320d can beat a e30 M3 in a straight line.

 

 

It has no bearing on which one is a classic car.

 

Didn't say it did, but you said demand for a fast car always high, I agree but I don't class the 350z as a fast car thats all

[Kev]

I don't either mate.

 

I think the 350z has a chance of being a future classic as they aren't that many original cars around and it doesn't really have a true rival.

 

My point was by modern standards db5's, etypes and e30 m3's are slow.

 

I didn't make "the demand for a fast car" comment mate.

Edited June 15, 2014 by Kev

[Jetpilot]

I guess it depends on your definition of classic so to speak.

 

Will the 350z at some point gain classic status, perhaps have a following as the 240z does, i would probably say yes.

 

Will the 350z become an appreciating classic with the values increasing, no, well not for a long long time!

 

If you take a view of what jdm cars of the 90's are classic or an appreciating classic, you can only really pick the NSX, perhaps ltd edition v spec gtr's, both relatively low production number cars, there is not even much from the 80's, only example i can think of is the AE86, but i wouldnt say they were appreciating like the NSX. 70's is a different story though, quite a few high value jdm cars.

 

At some point values will reach a trough and possibly rise to a peak as good clean examples are hard to find and values will probably get closer between the 370z and 350z imho, but they are only just over 10 years old. This topic was widely discussed about Rx7's on the dedicated forums and they are 10 years older again and values are still not rising, firming up, but not rising.

 

You need to be thinking Supra, R32, R33 Gtr's, good examples are still fetching a premium and think how many of them were made. I get the GTR thing (pedigree, heritage etc) but Supras, there is nothing really ground breaking or brilliant about Supras (i have had 3), but they obviously have the cult following which drives the 2nd value, so i think there could be hope for the 350z

[Ebized]

The 240's, 260's, 280's are already often described as "classics" and I see no reason in due course why both the 350 and 370 will join them, and a are whole lot more desirable for collectors than say Micras, Primeras and many of the other souless offerings that Nissan produced for the masses but due to their age wil still attract classic status in due course.

 

From Wiki definition of a Classic car:

 

" United Kingdom:

There is no fixed definition of a classic car. Two taxation issues do impact however, leading to some people using them as cutoff dates. All cars built before January 1, 1973, are exempted from paying the annual road tax vehicle excise duty. This is then entered on the license disc displayed on the windscreen as "historic vehicle" (if a car built before this date has been first registered in 1973 or later, then its build date would have to be verified by a recognised body such as British Motor Heritage Foundation to claim tax-free status). HM Revenue and Customs define a classic car for company taxation purposes as being over 15 years old and having a value in excess of £15,000. Additionally, popular acclaim through a large number of classic car magazines plays an important role in whether a car comes to be regarded as a classic. It is all subjective and a matter of opinion. The elimination of depreciation is a reason for buying a classic car; this is a major cost of owning a modern car. Picking 'future classics' that are current 'bangers' is a pastime of people into classic cars in the UK. Successfully picking and buying one can result in a profit for the buyer as well as providing transport. An immaculate well cared for prestige model with high running costs, that impacts its value, but is not yet old enough to be regarded as a classic, could be a good buy, for example. A change in the taxation class is due to take force in April 2014, by moving the cut-off date of the historic vehicle class from January 1973 to January 1974, thus including all cars registered and built in 1973 as historic."