Nissan GTR - How are the resale values?
#1
Nissan GTR - How are the resale values?
Looking to purchase a new Nissan GTR. I was wondering what the resale values of this car is after one year and after 2 years.
I have heard that they do not retain their values? Anyone know?
I have heard that they do not retain their values? Anyone know?
#2
It is due to a number of reasons (annually raised MSRP, which in and of itself is due to a number or reasons - annual incremental improvements, value of the dollar, etc...). Some '09's were purchased for $73k, and have been sold recently for $58-65k. Not bad for 4 years. We've also seen that 2 year old GT-R's still sell for their original MSRP.
It may help that they all come fully loaded standard.
Either way - resale isn't bad.
#4
You buying the car to enjoy it or let it sit while you brag about havng one?
I see the GTR as a car for guys who like to drive. Its not an exotic. Why the concern over resale value?
I see the GTR as a car for guys who like to drive. Its not an exotic. Why the concern over resale value?
#5
Unless you have unlimited cashflow that you don't mind blowing through, resale value is a very valid concern... even for people who love to drive their cars.
#6
QUOTE=PaulChristian;3557094]I would assume because he might want to sell a few years down the road without loosing his shirt, pants, AND underwear.
Unless you have unlimited cashflow that you don't mind blowing through, resale value is a very valid concern... even for people who love to drive their cars.[/QUOTE]
Yes you are right. I usually hold a car for a year of less and did not want to take a big depreciation. I try to keep the mileage down below 12,000 and it will be a daily driver!
Unless you have unlimited cashflow that you don't mind blowing through, resale value is a very valid concern... even for people who love to drive their cars.[/QUOTE]
Yes you are right. I usually hold a car for a year of less and did not want to take a big depreciation. I try to keep the mileage down below 12,000 and it will be a daily driver!
Last edited by brian sherwood; 05-31-2012 at 09:29 AM. Reason: clarifying
#7
Big depreciation is not happening with the GT-R. In fact, it is possible that if you buy a car, and keep it for one year, you might be able to sell it for the same price you bought it (depending on year/condition).
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#8
QUOTE=PaulChristian;3557094]I would assume because he might want to sell a few years down the road without loosing his shirt, pants, AND underwear.
Unless you have unlimited cashflow that you don't mind blowing through, resale value is a very valid concern... even for people who love to drive their cars.
Unless you have unlimited cashflow that you don't mind blowing through, resale value is a very valid concern... even for people who love to drive their cars.
Yes you are right. I usually hold a car for a year of less and did not want to take a big depreciation. I try to keep the mileage down below 12,000 and it will be a daily driver![/QUOTE]
People who keep cars short term should lease. Then resale value is not an issue. Just turn it in.
It's very unwise to purchase knowing you're getting rid of it in 2 years. The dealer takes the depreciation hit with leasing.
So I still don't get it.
Last edited by ice350; 05-31-2012 at 11:07 AM.
#9
If a car is leased (generally for around $1400-1500/month) for two years, it would have totaled $18k per year x 2 = $36k. The dealer is NOT taking the depreciation hit.
The dealer will be quite happy.
Do what you'd like, but the GT-R is not depreciating enough that leasing equals out in the end. It's all about priorities.
#11
If you're only keeping it for less than 12 months, buy used, pay cash. No matter what, you'll take a hit on it. If you buy a used '12 with less than 3k on it, let that seller take the majority of the hit. You'll maybe lose $3-5k.
Um, what?
You should only lease a car for a write-off IMO, and it's still the better of two evils.
You should only lease a car for a write-off IMO, and it's still the better of two evils.
#13
Speaking as someone who just bought one used, I can say that they absolutely hold their value very well indeed
Ive owned NSX's in the past where I was able to sell them for nearly what I paid for them. GTR is trending the same way ultimately.
That said...
Knowing ahead of time that you dont go even a single year on a car I cant see any reason why you wouldnt buy used. There will be pretty much no depreciation if you buy a used car and then unload it in 7 months.
Unless you have unlimited cashflow (which would mean you wouldnt really care about depreciation anyway), I think its a hugely horrible idea to flip cars that quickly, but thats a personal decision obviously.
Ive owned NSX's in the past where I was able to sell them for nearly what I paid for them. GTR is trending the same way ultimately.
That said...
Knowing ahead of time that you dont go even a single year on a car I cant see any reason why you wouldnt buy used. There will be pretty much no depreciation if you buy a used car and then unload it in 7 months.
Unless you have unlimited cashflow (which would mean you wouldnt really care about depreciation anyway), I think its a hugely horrible idea to flip cars that quickly, but thats a personal decision obviously.
#14
Do you think dealers would offer leases if they lose money on the deal? The consumer is taking the hit, not the dealer.