underselling Zs

Discussion in 'Non Technical' started by dark3n666, Aug 27, 2010.

  1. dark3n666

    dark3n666 bitin the bullet

    I have noticed alot of very nice Zs being sold wayyyy below what they should be going for.

    remember, our cars are a minority, so the people who will buy them are a minority. this means they will take some time to sell. be patient.

    its a hard time atm and people are struggling financially and sadly its our toys that go first.

    dont go dropping the price every few days. at least wait 2 weeks between price drops.

    your making the market bad for other people. have more patience, these cars wont sell over night.

    am i wrong in saying this?
     
  2. 300ZXC

    300ZXC #TEAMROB

    I'd be more inclined to think that it's the fact that lots of people are buying them cheap, thrashing them, not having the funds to get them straight again and selling them cheap. This vicious cycle perpetuates the stereotype that Z's are of poor build. The good ones are the ones that don't get sold, the bad ones get passed around like a hot potato until they go boom.
    I'd agree that this is the reason that people are selling is exactly what you're saying, the toys go first. But I also think that if people need the money it's up to them to decide to drop their price :p
    Yes, it's made the market for our cars a buyer's market, more than a seller's market but (just like the cars themselves) that's not going to change overnight. It'll probably take a few years before Zeds are at a decent price again. As long as their are bunky zeds going for a couple grand apiece the market will be bad for high quality cars.... Them's the breaks :(
     
  3. Stef

    Stef Active Member

    Problem is that way too many were imported from Japan. Soarers are the same.

    There are many more cars for sale (good ones and bad ones) than there are buyers.
    Unless car is very special, only way to sell it is to dump the price.
     
  4. Jinxed

    Jinxed Moderator

    its been happening for a few years now, there are 3 types of zeds out there at the moment.......

    type a) least common is the rebuilt and refurbished, well loved zed, rarely for sale and never cheap:)

    type b) the looked after and maybe lightly modded but at least mantained zed.....a few out there and a desirable buy if you find the right one, getting rarer now;)

    type c) the busted arse broken zed that evryone hates. looks good coz its a zed, but has many underlying problems and will have regular breakdowns issues until it finally gives in, unless someone spends a mint on it to return it to a a or b class car. most common, and makes up probly 60 or 70% of the zed market out there:(

    most of these class c cars will not be saved, and should dwindle to only a few left in the next 5 years or so, leaving only the better ones alive, as happened with the 240/260 z and other cars..........
     
  5. Sanouske

    Sanouske Retired Moderator

    You're telling me about it!

    I started at $8500 and now i resonate around the $7500ish mark. This is after many weeks. Coming into months.

    The number of people that i have strong negative remarks for (i keep my tongue still) are all low balling and offering $4500 - $6500.

    This is where i feel like telling them to take their ignorant business to ebay and go buy something that will break. Or furthermore is already broken.

    And when they make out its my disadvantage that they live interstate. That i should lower the cost because of it...as to do them a favor because its my fault for not living near them...This pisses me off big time :mad:

    To me, if you want something. You go get it. I went interstate and bought my zed. You do the same. Or at least organise some form of freight. Not ask for a large chunk of the sale figure be removed because it will cost all of a couple hundred to drive/fly over and drive it back...:mad:

    Its getting towards 90% of the people that have contacted me are all tire kickers and lowballers and overall havent any idea. I will say i was naive to think that a lot of people had the skills to talk business and come to an arrangement.

    In saying that though, there have been a small group of genuinely interested people. Some forum members, some not. And all actually willing to do business. Down fall for some of these is again the costs involved bringing it interstate. But not once did they make out that its my problem/disadvantage.

    As tom said, a zed really is a buyers marketed vehicle. If your zed is in A1 condition, expect it to sell for a higher value, and be purchased by a true enthusiast.

    And as jynxed said, a medium conditioned zed. May not be the prettiest but is a solid reliable vehicle, will sell for a moderate price to anyone half decent and with a little knowledge backed behind them.

    Then the busted assed zeds, will be be sold and bought like they're pokemon cards. Commonly failing and commonly bringing down the stature for the better conditioned zeds.

    After all we're owning 20 years old vehicles and asking a price that is similar to a 5-7 years old Commodore/Falcon. Ignorant people will not see justification in spending the money for something that is 13-15 years older.

    I agree that the lesser we sell the zeds the longer it will take for the price to raise again, as it has for the, as mentioned, 240z's etc.

    Till that time, keep zedding! :br:
     
  6. dark3n666

    dark3n666 bitin the bullet

    yeh i agree with all of you. i just think a and b class Zs should be a little higher in price. dont let them drop in price to compete with the crappy c class ones. in fact we should have a moderator controller a, b and c class section in the Zeds for sale section :p

    the bargain hunters buy the c classes only to end up with a headaches and wishing they spent that extra money on a good Z that will probably end up being cheaper in the long run.

    these cars are definetly something you dont want to rush into and should do you research before buying. just look at the technical section at all the "help! z problems! noob!" threads.
     
  7. 300ZXC

    300ZXC #TEAMROB

    I like the pokemon card analogy.
     
  8. Hermit

    Hermit Member

    but are they reliable?

    My zed , when purchased, would have been in between class a and b.
    I paid above the average price for a zed with a rebuilt motor, rebuilt auto, reco brakes and suspension, ect. I have 25,000 dollars or receipts from the 2 years prior to when I made the purchase.
    My zed's now class D!
    Broken. Auto's gone, exhaust is full of leaks, engine sounds tired ect. And I hardly even drove it. Maybe I'm just unlucky, but I can't help but feel that the zed deserves its current reputation, as that's certainly what I've experienced
     
  9. dark3n666

    dark3n666 bitin the bullet

    i think if u let a car sit and not be used it will start to have problems. i personally use my Z as my daily, get it serviced every 3-5k kms and it runs smoooooooth as. pulls hard, never misses a beat. had a few running issues at the beginning but got them sorted and never looked back.
     
  10. Sanouske

    Sanouske Retired Moderator

    I again agree with you.

    An A-C or even Z;) classification would make it easier for buyers to narrow down their searching, but it poses a problem.

    A naive seller will think its work big bucks, where as the minority/moderator will think not. This will result in instability of the earths gravitational pull.

    And as for the Noobs posting FAQ's. This will always continue. And in waves. As more zeds become affordable to the younger gens, every 12 months will see the same Noob questions being asked. As thats when they're in final years at school or just finishing. :p

    Until there is a big red stamp that says "Noob! Hit the search button first!" and comes from out of your monitor and onto your forehead. Its going to continue. :eek:

    Is it lunch time yet...?
     
  11. Jinxed

    Jinxed Moderator

    yeah we missed a class

    d) incomplete, not running or unfinished project cars......bargain hunters special, bring your own tools........

    youd be surprised i think, unless your zed has really had a shitty rebuild or whatever, its probly only a few k away from being class b or maybe even class a again........and a couple of k on these cars is nothing....

    i think a smart z32 owner should always have a 1000-1500 minimum available to spend on the car at the drop of a hat, just because things do happen, they arent a yound car and even the best zeds have problems that surface now and then...............either that or have a spare car for those tempermental periods

    one of the biggest problems with buying/selling a zed is that they have fallen into the p-plate bracket, they are affordable enough for a p-plater to buy (just) and they are legal in NA form for them to drive as well, not a lot of other genuine sports cars or grand tourers fit that profile (maybe soarer/supra/na silvia/180, na skyline, all iffy and pretty crap cars though) so the p-platers hunt a bargain and then thrash the poor zed within a inch of its life, and its back on the market usually asking more than what they payed coz its now got neons and a drift dent, "but some tranny problems, easy fixed bro"
     
  12. Sanouske

    Sanouske Retired Moderator

    Thats a hard to answer question.

    Could be due to lack of up keep or absolutely being flogged once it was rebuilt, or simply shitty workmanship performed. Prior to your purchase.

    Hard to pin point.
     
  13. Sanouske

    Sanouske Retired Moderator


    I laugh at that :rofl: well played.
     
  14. gargoyle

    gargoyle New Member

    Great thread. Great imput as usual.
    As time passes I believe the "c" class will become smaller and therefore have an impact on the better quality zeds.
    The day will come when the majority of zed's will be well maintained and worth a lot more.
    I'm fortunate enough not to worry what my zed is worth, it's what it's worth to me that's important.
    I'm just glad I'm in a possition to add another "A" class one to the list.
     
  15. murci

    murci Member



    :br: well put.
     
  16. Stef

    Stef Active Member

    It's often easy to spot a neglected car just on the description. Big stereo and useless bling the only mods they list.

    There should be a big sign on any zed saying

    'Do not buy unless you have 2 grand now for maintenance and promise to do a slow rebuild of all running gear before you spend money on bling'
     
  17. marcosis

    marcosis 300zx Freshling

    i say bring on the classifications, at the end of the day, people know if they have a decent Z or it has issues. wether they think the world of it or not. yes you will get the occassional few who percieve there's to be a "minor" issues but the top dogs will know if its really going to be a major flaw for the next owner or not.

    In my opinion, you bought it at price A, you sell it at price B. unless you have completely replaced every bolt and piston, selling it at or above price A isnt an option.

    saying that, in 20 years when were all squillionaires from our awesome looking/performing Z's we can sit back and laugh at our profits.[TIS]:rofl:
     
  18. supersonic

    supersonic New Member

    zed prices wont rise much until and unless they become very rare as in the shit examples die off and a few mint examples remain.

    that said, its price will continue to be affected by z33/34s, as those coming into the zed experience will see the newer 350z and 370zs to be more desirable.

    mine is atm one of those shitters that should have perished from neglect a long time ago but i have a feeling hes a soldier and deserves my tlc. im not selling my zed, even when i've got him up to scratch, unless i get a ridiculous high offer.
     
  19. Jinxed

    Jinxed Moderator

    problem with having the classification system is that the seller will always talk there car up, i mean really not mamy people are going to tell you the car is stuffed, ie class c or even d..........most people would put there car as a class b or maybe even a class a, but that may not be what everyone else sees the car as..........

    for example, i have 3 cars,

    a class b 1992 yellow z32 convertible NA auto only mods are wheels and front shocks, but resprayed properly and rather nice overall

    the next car is my original 1989 z32 a white tt 2+2 manual, converted from auto, barely running with a big dent but some nice bits like a custom interior, its a class c but i still love her

    then ive got a wreck, which is used for parts so obviously a class d car
     
  20. rollin

    rollin First 9

    I get where you're coming from, mine has been off the road as much as it has been on. but ive constantly pushed the power limits of my car which has cost me 2 rebuilds so i guess you cant blame the car for that.
     

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