GTR Prices - how low?

[ufoufo]

Why are prices for UK 2009 cars down to £42-42k? Seems very cheap for a car with such great reviews, especially only 1.5 years old. Becoming very tempting!

[rhinochopig]

Having seen a few threads about them recently, I think it's due to the fact that their running costs are more in line with a 100k car. People buying them expecting costs commensurate with a 50k car are getting a bit of a shock.

Just MO though

[Trommel]

They were under £53k new, it's not 911-style loss.

[ambuletz]

probably down to that forum topic about the guy who had a low-speed shunt that cost him £10+ because of a bonnet safety feature

[funkyboogalooo]

Some recently posted up on Driftworks how he was asked by a customer to get a price for an engine belly pan for one. A massive 4.5k + vat on back order from Japan.
Things like that wont help values, although to me the depreciation doesn't sound stupidly bad compared to what it could be

[Zed Ed]

ambuletz said:

cost him £10+ because of a bonnet safety feature

A tenner for a front end? Bargain

Mooted price rise by Nissan for the 2011 car, to £70k, may impact residuals positively, as may greatly reduced new car sales.

Pricy to run if you use dealers. I've spent about £4k on service and maintenance in 18 months of ownership. A lot ?

[Animal]

ambuletz said:

probably down to that forum topic about the guy who had a low-speed shunt that cost him £10+ because of a bonnet safety feature

I was told by a Nissan dealer that in reality the bill was about half that (probably after a huge argument with the customer!)

[christer]

The price hik for new models should help - but in reality these cars can be maintained through the legendary Litchfield Imports much better than at Nissan dealers for a fraction of the cost. There are also many options for brake discs and pads that can be fitted for better performance for much less than stock. The main difficulty at the moment seems to be tyres with Nissan HPC's hoarding Dunlops and charging £550 per tyre but Bridgestones are starting to become available again at around £350.

I purchased my car with 6.7k miles in early July for £47k from a non-Nissan dealer but when I was looking there were quite a few cars that were shady or were actually imports going for around the 40k mark. Just be careful when comparing prices by just looking at offer prices with no digging.

I have no doubt that these cars should have longevity but of course most of the depreciation will always be in the first 2 years. A more telling variable to look at is longer term future values - Nissan have still only sold around 1100 in the UK (end August) so it will be interesting to see how far they fall - £10k in 5 years for 500+hp supercar anyone? I partly financed mine, and I was offered one of the highest balloons I have seen yet - I actually lowered it as the monthly payments were no big deal.

There is no doubt that it can be expensive to run but I can see this changing going forward. There will undoubtedly be other options available in the future and it remains to be seen how the new models sell etc.

I haven't made up my mind how long I am keeping the car - so far so great but you never know!

[icebite78]

If you have a look the low £40k cars are non sat nav cars, 59 plate onwards they are sat nav and they still command 50k+

[BIST0]

Yep, very few genuine cars in the low 40s. Currently actively looking for a storm white / gun metal grey with Nav and have found that a) there aren't many about and b) they are 50k+.

[christer]

icebite78 said:

If you have a look the low £40k cars are non sat nav cars, 59 plate onwards they are sat nav and they still command 50k+

this is actually an incorrect conclusion. Several of the cars I looked at in July that were cheaper had reasons for being so but it had nothing to do with sat nav. No one is going to pay £10k extra for sat nav. I looked at the sat nav cars (59 onwards plate) and didn't want to pay £2-3k more for a satnav car (the main difference was more the car was newer in terms of price difference), especially as my portable Garmin is a better system than the one in the GTR (and in fact every other system that I have used - Merc, BMW etc).

You really need to be careful in making such assumptions

[icebite78]

i dont quite know what you mean about assumptions im stating a fact which is very well known on GTROC and here!please go to the classifieds every car that is mid to low 40k is non nav i dont get what problem you have with that fact is it because you have a non nav?
Ive also never heard of any gtr owner being unhappy with the nav as its one of the nav cars great attributes
of having 3D graphics and traffic on the move.I dont think i would pay 50k+ for a car in this field and have a sticky in windscreen holding a tom tom.If you also look at any car having a built in nav just makes it a more desirable spec and for this reason it commamnds an extra premium on the gtr, why so much difference of 5-10k is anyones guess but its not an assumption.

You really need to be careful in making such accusations.

[christer]

icebite78 said:

i dont quite know what you mean about assumptions im stating a fact which is very well known on GTROC and here!please go to the classifieds every car that is mid to low 40k is non nav i dont get what problem you have with that fact is it because you have a non nav?
Ive also never heard of any gtr owner being unhappy with the nav as its one of the nav cars great attributes
of having 3D graphics and traffic on the move.I dont think i would pay 50k+ for a car in this field and have a sticky in windscreen holding a tom tom.If you also look at any car having a built in nav just makes it a more desirable spec and for this reason it commamnds an extra premium on the gtr, why so much difference of 5-10k is anyones guess but its not an assumption.

You really need to be careful in making such accusations.

Hi - how are you?

Your original post stated "If you have a look the low £40k cars are non sat nav cars, 59 plate onwards they are sat nav and they still command 50k+".

This statement to me implies that your opinon is that the reason for the difference in value can be attributed to satnav. Perhaps I misunderstood or perhaps you have not communicated very well?

I don't disagree that an 09 car is going to be worth less (in the majority of cases) than a newer car - that would be silly. The point I was making was that there are many other factors that contribute to the difference in value - and sat nav is only one of them. If you want me to list them of course I will. Your statement that "somethign is a well-known fact on here and somewhere else" doesn't mean anything to anyone with a brain - just because a collective of individuals like me or you believe something doesn't mean I am going to agree just for that reason and neither should you. How do I know that you haven't misunderstood "the facts"? Certainly if you think the only reason for a £10k differential in price is purely down to sat nav I propose that you have indeed "misunderstood"....

You really need to be very careful in stating your interpretation of "facts".

I hope that helps.

[christer]

p.s. I have a no-satnav car because I didn't want to pay (at the time) £6k more for a satnav car - note the £6k difference as opposed to your claim (based on "facts") of £10k.......

Edited by christer on Thursday 14th October 09:48

[GTR Cook]

They are not exactly a rare car and the 40-42k cars have double the millage of the 48-51k cars.

[Diamond blue]

Christer,
You are spot on about the "sat nav" and non sat nav cars. In this case its not an option that has been specced or not specced as say other luxury/sports cars.
The 09 cars dont have it , the 10 cars do. The reason the 09 cars are cheaper is because they are older and have generally got more miles.
My choice, like yours was to pay 5-6k more for a newer car whose main spec improvement is the sat nav. My experience of various manufacturers systems had lead me to belive they are not worth £500 more, let alone £5k!! 3D graphics are so overrated

Anyway, not sure what Christer said that was so controversial.

The 09's list was 53-55k I think, so the depreciation is pretty good so far. The substantial price hike for MY11 cars is only going to help values.



Its the performance car bargain of the decade, no question

[Wheelrepairit]

BIST0 said:

Yep, very few genuine cars in the low 40s. Currently actively looking for a storm white / gun metal grey with Nav and have found that a) there aren't many about and b) they are 50k+.

Same spec/colour as im looking for, hands off brother.

[icebite78]

Hi Christer hope your well.Perhaps we have misunderstood each other.
My point of the gtroc was the fact there have been alot of threads regarding this 'fact' and all people reaching the same conclusion as the sat nav being the deciding factor in price difference.
Yes if you are going to split hairs like the massive/huge differnce in age such as 09-59 and slightly higher mileage account to this then your right but as a collective it is known from dealers to customers the sat nav is the main factor.Now just because 99% of dealers and customers think this (when i was looking and questioning the difference they must of all lied about the sat nav being a major factor)i will not push this opinion on you as your opinion is your own and valid as you own a gtr.


Any way i love this car satnav or not

Safe driving Christer

[icebite78]

You really have to be very careful of telling people to be very careful.
Sorry couldnt resist

[christer]

icebite78 said:

Yes if you are going to split hairs like the massive/huge differnce in age such as 09-59 and slightly higher mileage account to this then your right but as a collective it is known from dealers to customers the sat nav is the main factor.Now just because 99% of dealers and customers think this (when i was looking and questioning the difference they must of all lied about the sat nav being a major factor)i will not push this opinion on you as your opinion is your own and valid as you own a gtr.

Of course they lied, they want to sell their cars

When you say "customers" - what do you mean by that? There is a massive difference between buyers and owners who could both be described as clients. The owners of sat nav cars will of course agree. The *buyers* I am more interested in because I find it highly doubtful that they would concur with the "fact" you describe...haha

Aaaaaanyway......to sum up - I think you are wrong - there are far more factors than a sat nav to justify a £10k difference. Trust me on this