Talk me out of buying a Nismo 370Z
Discussion
I keep getting my head turned by these cars, I think they look fantastic - I used to own an RX8 which I miss quite a lot, I’m not under the impression the 370Z would be a better drive, but the other aspects of it are enticing me
I’m currently driving an ST Line fiesta which I want to get rid of, I kind of want people to convince me that a 370Z is a stupid idea though
Looking at the 2016/17 Nismos they are around 22-24k, how realistic would an expectation of one being worth a decent amount still in 5 years?
I do less than 8k miles a year, I’m not too put off on fuel economy for those reasons, but the £585 tax on top of any depreciation is raising a few red flags mind you
Borrowing is still relatively cheap at the moment, so I’d be looking at potentially taking a £20k loan over 3-5 years - I’m just hoping I wouldn’t take as much of a bath on car residuals as I did the RX-8
What are people’s thoughts?
I’m currently driving an ST Line fiesta which I want to get rid of, I kind of want people to convince me that a 370Z is a stupid idea though
Looking at the 2016/17 Nismos they are around 22-24k, how realistic would an expectation of one being worth a decent amount still in 5 years?
I do less than 8k miles a year, I’m not too put off on fuel economy for those reasons, but the £585 tax on top of any depreciation is raising a few red flags mind you
Borrowing is still relatively cheap at the moment, so I’d be looking at potentially taking a £20k loan over 3-5 years - I’m just hoping I wouldn’t take as much of a bath on car residuals as I did the RX-8
What are people’s thoughts?
Bottom line, there is absolutely nothing sensible about buying a Nismo 370z with running costs being what they are.
In terms of depreciation, I would expect it to loose a good chunk of cash in the next 5 years.
However, I certainly like the look and idea of them and we don't always have to be sensible! If you want one, go and get one. Just do so with eyes wide open.
Personally, I'd probably save a good chunk of cash though and get an earlier one with low miles and just get the standard 370z, lightly and tastefully customising it if req'd.
In terms of depreciation, I would expect it to loose a good chunk of cash in the next 5 years.
However, I certainly like the look and idea of them and we don't always have to be sensible! If you want one, go and get one. Just do so with eyes wide open.
Personally, I'd probably save a good chunk of cash though and get an earlier one with low miles and just get the standard 370z, lightly and tastefully customising it if req'd.
Lincsls1 said:
Bottom line, there is absolutely nothing sensible about buying a Nismo 370z with running costs being what they are.
In terms of depreciation, I would expect it to loose a good chunk of cash in the next 5 years.
However, I certainly like the look and idea of them and we don't always have to be sensible! If you want one, go and get one. Just do so with eyes wide open.
Personally, I'd probably save a good chunk of cash though and get an earlier one with low miles and just get the standard 370z, lightly and tastefully customising it if req'd.
Some good advice there. In terms of depreciation, I would expect it to loose a good chunk of cash in the next 5 years.
However, I certainly like the look and idea of them and we don't always have to be sensible! If you want one, go and get one. Just do so with eyes wide open.
Personally, I'd probably save a good chunk of cash though and get an earlier one with low miles and just get the standard 370z, lightly and tastefully customising it if req'd.
You could always go back a bit more and get a 350Z. If registered before 23 March 2006 Road Tax is only £340 I think, plus you wouldn't need to borrow much to get one and I doubt depreciation would be much of an issue.
They look great and sound great(especially with an exhaust swap/upgraded intakes etc), and they also have Recaro seats. They have a manual gearbox with a NA V6 3.7 litre engine, plus they are RWD with a LSD, and they also have hydraulic steering...so what are you waiting for?!
Just do it for me!
As mentioned earlier though, if you are concerned regards the cost you could always go the standard 370Z route, or the 350Z route.
Just do it for me!
As mentioned earlier though, if you are concerned regards the cost you could always go the standard 370Z route, or the 350Z route.
nexiviper said:
I keep getting my head turned by these cars, I think they look fantastic - I used to own an RX8 which I miss quite a lot, I’m not under the impression the 370Z would be a better drive, but the other aspects of it are enticing me
I’m currently driving an ST Line fiesta which I want to get rid of, I kind of want people to convince me that a 370Z is a stupid idea though
Looking at the 2016/17 Nismos they are around 22-24k, how realistic would an expectation of one being worth a decent amount still in 5 years?
I do less than 8k miles a year, I’m not too put off on fuel economy for those reasons, but the £585 tax on top of any depreciation is raising a few red flags mind you
Borrowing is still relatively cheap at the moment, so I’d be looking at potentially taking a £20k loan over 3-5 years - I’m just hoping I wouldn’t take as much of a bath on car residuals as I did the RX-8
What are people’s thoughts?
I don't think the 370z is bad for depreciation. The Nismo should be no different to the standard 370z. When I was looking depreciation from new seemed to be pretty much in line with other, often German coupes - 8 year old cars that still held around 50% of their list price. They only sold 1700 or so in total in the UK over 11 years so they are pretty rare which is also likely to go in their favour - especially taking into account the other positives of the car. They are pretty well put together and reliable so should be fairly cheap to run, unlike some of the alternatives.I’m currently driving an ST Line fiesta which I want to get rid of, I kind of want people to convince me that a 370Z is a stupid idea though
Looking at the 2016/17 Nismos they are around 22-24k, how realistic would an expectation of one being worth a decent amount still in 5 years?
I do less than 8k miles a year, I’m not too put off on fuel economy for those reasons, but the £585 tax on top of any depreciation is raising a few red flags mind you
Borrowing is still relatively cheap at the moment, so I’d be looking at potentially taking a £20k loan over 3-5 years - I’m just hoping I wouldn’t take as much of a bath on car residuals as I did the RX-8
What are people’s thoughts?
The tax is pretty much the cost of having a 370z. In the grand scheme of things it is not that expensive. As mentioned above get a post Apr 17 car and the tax is £155 a year. MPG is not too bad for the kind of car it is either.
I have had my GT for 18 months and currently to buy the same car again would cost me an additional £3.5k such is the crazy market at the moment.
Wow, thanks very much for the responses all - some great advice, and quite a lot of love for the 370Z too.
I’m definitely considering the extra it might cost to buy a post April 2017 version as the lower tax cost when offset against depreciation and so on would likely make the higher initial price worth it if I kept the car for long enough.
Some serious stuff to think about, I think I need a test drive…
I’m definitely considering the extra it might cost to buy a post April 2017 version as the lower tax cost when offset against depreciation and so on would likely make the higher initial price worth it if I kept the car for long enough.
Some serious stuff to think about, I think I need a test drive…
If your worried about it dropping loads ill throw a curve ball in for you
Not a 370Z but a Lotus Evora, similar V6 but mid engined, cheaper to tax cheaper to insure and they have been the same price for over 5 years now so the bottom of the market cars will always be that kind of money, drive amazing and are a special place to be there are private sales around 24-25k
Not a 370Z but a Lotus Evora, similar V6 but mid engined, cheaper to tax cheaper to insure and they have been the same price for over 5 years now so the bottom of the market cars will always be that kind of money, drive amazing and are a special place to be there are private sales around 24-25k
I've only got the normal hairdresser version...but I still love it. I've always wanted either a 350Z or 370Z ever since the 350Z first came out.
I love how rare and different they are, and they have a lovely character about them to drive I reckon. I'd love a Nismo version for sure, and you just can't beat Recaro seats for me.
I love how rare and different they are, and they have a lovely character about them to drive I reckon. I'd love a Nismo version for sure, and you just can't beat Recaro seats for me.
They're quite heavy cars, but i've not really seen much other complaints about them before, especially the nismo version. Typical blah blah blah not a proper Z car from some. I think they are decent in the looks department though.
I wouldn't worry about depreciation honestly, the nismo version will never really get that low that you lose a fortune on it. Just have fun in it
I wouldn't worry about depreciation honestly, the nismo version will never really get that low that you lose a fortune on it. Just have fun in it
Edited by rampageturke on Tuesday 27th July 09:20
rampageturke said:
They're quite heavy cars, but i've not really seen much other complaints about them before, especially the nismo version. Typical blah blah blah not a proper Z car from some. I think they are decent in the looks department though.
I wouldn't worry about depreciation honestly. Just have fun in it
I personally agree on the weight front as well(however mine is the Roadster at around 1600kg though). My daughter asked me if there was anything that I disliked about my 370Z the other day, and the only two things I could think of was 1) the weight, and 2) I'd like the interior to feel a little bit more sexier/interesting. I love everything else about it though for sure. I wouldn't worry about depreciation honestly. Just have fun in it
nexiviper said:
I’m currently driving an ST Line fiesta which I want to get rid of, I kind of want people to convince me that a 370Z is a stupid idea though
Looking at the 2016/17 Nismos they are around 22-24k, how realistic would an expectation of one being worth a decent amount still in 5 years?
I do less than 8k miles a year, I’m not too put off on fuel economy for those reasons, but the £585 tax on top of any depreciation is raising a few red flags mind you
What are people’s thoughts?
Speaking of the car briefly - it was fantastic. Best sports car I've owned personally to date.Looking at the 2016/17 Nismos they are around 22-24k, how realistic would an expectation of one being worth a decent amount still in 5 years?
I do less than 8k miles a year, I’m not too put off on fuel economy for those reasons, but the £585 tax on top of any depreciation is raising a few red flags mind you
What are people’s thoughts?
Now, in terms of talking you out of it; the Nismo's are all manual, and the manuals have a defective design in the secondary cylinder (slave) of the clutch. This means it will fail. Depends on the number of hard starts, how it was driven before, etc etc. But it will fail. Mine went after 12.5k miles, and the job to repair was ~£1k (labour included).
Cars (on average) depreciate around 7% a year after the 2nd year, so you're looking at roughly £8.4k in depreciation after 5 years assuming average factors such as mileage, market demand, and spec, etc.
Tax unfortunately is high and cannot be escaped on this one.
Have you also looked at the cost to insure? I was once quoted on the same day from the same provider, £2.2k for an Audi S4, and £390 for a 911 Turbo. I have no idea how that works, but apparently insurance is witchcraft.
Buy it!
I bought a 2018 370z Nismo mk2 a couple months ago.
Brilliant car and rare too - seems to get a generate a lot of looks from passers-by and generally gets positive reception.
Tax is £150 a year, and I managed 25- 26 mpg average on a trip up to Scotland and around the NC500.
I did previously own a 350z and the Nismo 370z feels a lot sharper to drive and the steering isn't as heavy.
The Recaro seats are very comfortable.
The new Z car (Z400 / 400Z ?) won't officially be sold in Europe / UK, so that may help slow deprecation costs for the 370z.
I bought a 2018 370z Nismo mk2 a couple months ago.
Brilliant car and rare too - seems to get a generate a lot of looks from passers-by and generally gets positive reception.
Tax is £150 a year, and I managed 25- 26 mpg average on a trip up to Scotland and around the NC500.
I did previously own a 350z and the Nismo 370z feels a lot sharper to drive and the steering isn't as heavy.
The Recaro seats are very comfortable.
The new Z car (Z400 / 400Z ?) won't officially be sold in Europe / UK, so that may help slow deprecation costs for the 370z.
Edited by bud_bongo on Tuesday 27th July 11:45
Edited by bud_bongo on Tuesday 27th July 11:47
nexiviper said:
I keep getting my head turned by these cars, I think they look fantastic - I used to own an RX8 which I miss quite a lot, I’m not under the impression the 370Z would be a better drive, but the other aspects of it are enticing me
I’m currently driving an ST Line fiesta which I want to get rid of, I kind of want people to convince me that a 370Z is a stupid idea though
Looking at the 2016/17 Nismos they are around 22-24k, how realistic would an expectation of one being worth a decent amount still in 5 years?
I do less than 8k miles a year, I’m not too put off on fuel economy for those reasons, but the £585 tax on top of any depreciation is raising a few red flags mind you
Borrowing is still relatively cheap at the moment, so I’d be looking at potentially taking a £20k loan over 3-5 years - I’m just hoping I wouldn’t take as much of a bath on car residuals as I did the RX-8
What are people’s thoughts?
They're cracking cars & a very good steer, they're a clear step away from the standard in the handling department I’m currently driving an ST Line fiesta which I want to get rid of, I kind of want people to convince me that a 370Z is a stupid idea though
Looking at the 2016/17 Nismos they are around 22-24k, how realistic would an expectation of one being worth a decent amount still in 5 years?
I do less than 8k miles a year, I’m not too put off on fuel economy for those reasons, but the £585 tax on top of any depreciation is raising a few red flags mind you
Borrowing is still relatively cheap at the moment, so I’d be looking at potentially taking a £20k loan over 3-5 years - I’m just hoping I wouldn’t take as much of a bath on car residuals as I did the RX-8
What are people’s thoughts?
With regards to the possible savings on the tax by buying a newer car, that's something only you can decide on & will also be dependent on how long you intend to keep the car.
The Gen1 cars are a little rawer & you can get them for sensible (I actually prefer the looks of the Gen1 but you have to like white
) money & the depreciation is actually very sensible with the sweet spot for the Gen2's is between 22-24k.https://www.ebay.co.uk/itm/324727995681?hash=item4...
https://www.autotrader.co.uk/car-details/202106083...
https://www.autotrader.co.uk/car-details/202107235...
Gen1
https://www.autotrader.co.uk/car-details/202009093...
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