Why is it that RX-8s in this region so much cheaper then 350Zs?
#1
Why is it that RX-8s in this region so much cheaper then 350Zs?
Why is it that RX-8s in this region are so much cheaper then 350Zs? Is it the Lemon Pie thing or just Mazda vs Nissan resale value. Upon looking through the newspaper and bargain Post used and new car section. The new RX-8 are $21k - $32k the 350Z are $26k - $34k pretty close but the Rx-8 are cheaper base and loaded.
But heres the kicker the RX-8 04s are $14k-$17k; 05s $17K-$18k; 06s $18-$22k
and the 350Zs 03-04s are $18k - $23k; 05s $19k - $24k and 06s $23-$30K.
Why is it that the Rx-8 looses so much as a used car, its still a Sports Car and should hold its value?
The unknown factors are which are ToL Grand Tourers in the Rx-8 and tol Trackers or Performance in the 350Z?
I haven't looked but is this same price difference you'd see in the Maxima and Mazda 6?
Are these region specific prices?
But heres the kicker the RX-8 04s are $14k-$17k; 05s $17K-$18k; 06s $18-$22k
and the 350Zs 03-04s are $18k - $23k; 05s $19k - $24k and 06s $23-$30K.
Why is it that the Rx-8 looses so much as a used car, its still a Sports Car and should hold its value?
The unknown factors are which are ToL Grand Tourers in the Rx-8 and tol Trackers or Performance in the 350Z?
I haven't looked but is this same price difference you'd see in the Maxima and Mazda 6?
Are these region specific prices?
Last edited by donack456; 04-26-2007 at 12:15 PM.
#4
If the RX-8 are are in demand and less supply then the price stays up, to meet the demand. The uneasy term that buyers hate, the price meets the martket demand for this item in short supply, like the Xboxes or PT cruisers when they 1st came out
Unless you are saying that buyers perfer to buy more used Zs then used 8s?
Where are you coming from with that simpilitic clinche?
Zroom.. lower actual sale price vs MSRP = lower resale price
Thats probably but why so much less a 2004 for $14k of course it was sold before I could check it out. But for $14k? Or was that a sell picht just to get the buyers in. Low ball a popular car?
Unless you are saying that buyers perfer to buy more used Zs then used 8s?
Where are you coming from with that simpilitic clinche?
Zroom.. lower actual sale price vs MSRP = lower resale price
Thats probably but why so much less a 2004 for $14k of course it was sold before I could check it out. But for $14k? Or was that a sell picht just to get the buyers in. Low ball a popular car?
Last edited by donack456; 04-26-2007 at 12:14 PM.
#5
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Originally Posted by donack456
If the RX-8 are are in demand and less supply then the price stays up, to meet the demand. The uneasy term that buyers hate, the price meets the martket demand for this item in short supply, like the Xboxes or PT cruisers when they 1st came out
Unless you are saying that buyers perfer to buy more used Zs then used 8s?
Where are you coming from with that simpilitic clinche?
Zroom.. lower actual sale price vs MSRP = lower resale price
Thats probably but why so much less a 2004 for $14k of course it was sold before I could check it out. But for $14k? Or was that a sell picht just to get the buyers in. Low ball a popular car?
Unless you are saying that buyers perfer to buy more used Zs then used 8s?
Where are you coming from with that simpilitic clinche?
Zroom.. lower actual sale price vs MSRP = lower resale price
Thats probably but why so much less a 2004 for $14k of course it was sold before I could check it out. But for $14k? Or was that a sell picht just to get the buyers in. Low ball a popular car?
#7
mazda overestimated demand, and ended up slashing prices on rx-8's in order to move them. We were seeing at one point prices 8-10k under MSRP.
So with a glut on the market, and new prices undercutting what used cars could sell for, the used cars had to sell even cheaper.
mazda seems to have adjusted and no longer has to slash prices, but we're going to be feeling the effects for a while.
So with a glut on the market, and new prices undercutting what used cars could sell for, the used cars had to sell even cheaper.
mazda seems to have adjusted and no longer has to slash prices, but we're going to be feeling the effects for a while.
#9
TA Kid01 - They all say low mileage estimating 20k - 40k.
Nemisis8 - SW region USA TX-Ok.
Mysql01 - Probably but why are the Z-cars still so high 2003 $23k!!!! And selling before you get there. Now I know he didn't give $23k but close 25k on the odometer.
Same vehicle yellow 04 RX-8 $14998 with 23k on the od, sold before I could break my piggy bank.
Are you saying Madza flooded the market, I better get one while the getting good. If I can beat the other guy there, they sale like hot cakes but you hardly see them out and about except on Sundays in parks. I have noticed 2007 Mazda 6s for $17989 with 11k on the od.
Is Mazda wholesaling to the public or what?
Nemisis8 - SW region USA TX-Ok.
Mysql01 - Probably but why are the Z-cars still so high 2003 $23k!!!! And selling before you get there. Now I know he didn't give $23k but close 25k on the odometer.
Same vehicle yellow 04 RX-8 $14998 with 23k on the od, sold before I could break my piggy bank.
Are you saying Madza flooded the market, I better get one while the getting good. If I can beat the other guy there, they sale like hot cakes but you hardly see them out and about except on Sundays in parks. I have noticed 2007 Mazda 6s for $17989 with 11k on the od.
Is Mazda wholesaling to the public or what?
Last edited by donack456; 04-26-2007 at 12:47 PM.
#12
Originally Posted by saturn
Supply and demand?
#13
Originally Posted by donack456
Why is it that the Rx-8 looses so much as a used car, its still a Sports Car and should hold its value?
#14
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Originally Posted by Joel Ramsey
That's a big part of it. My current Road & Track mentions 350 Z sales are still very strong. People want them so they're going to pay for it.
#16
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Originally Posted by mysql101
mazda resale values might be lower in part due to the demographics of it's buyers. Mazda owners are quite young compared to other car companies.
#17
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1) biggest reason, nissan spends a lot of money marketing the Z as well as constantly improving it every year showing huge support for it. theres 350Z commercials running on high cost slots during NFL playoffs, NCAA turnaments etc while I havnt seen a rx8 commercial in years. The difference in investment that manufacturers made in the respective cars results in a much stronger Z brand. this translate to higher demand for the Z.
If mazda spends the same amount of money marketing the RX8 and improving it every year, im sure the demand would be a lot higher and resulting in better resale value. At this point the rx8 looses a lot of potential buyers because they dont know that it exists.
If mazda spends the same amount of money marketing the RX8 and improving it every year, im sure the demand would be a lot higher and resulting in better resale value. At this point the rx8 looses a lot of potential buyers because they dont know that it exists.
Last edited by playdoh43; 04-26-2007 at 10:24 PM.
#18
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Honestly, most american performance car enthusiasts resonate more with straight line performance over balance and other important vehicle characteristics. On paper and in a straight line, the Z really outshines the rx8. If your looking at the overall package, its a different story, or at least debatable.
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Originally Posted by CarAndDriver
Mazda doesn't have the bullet proof reliability reputation of Honda and Mazda or the financial might to do as much advertising and branding.
#20
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Losses due to user panic
Weeping loudly in internet forums
Trolls stomping on value of their own and other peoples cars...
What goes around comes around -
But give it time, it will come back up especially with good publicity and true believers
Weeping loudly in internet forums
Trolls stomping on value of their own and other peoples cars...
What goes around comes around -
But give it time, it will come back up especially with good publicity and true believers
#21
i pwn therefore i am
Originally Posted by Winfree
Losses due to user panic
Weeping loudly in internet forums
Trolls stomping on value of their own and other peoples cars...
What goes around comes around -
But give it time, it will come back up especially with good publicity and true believers
Weeping loudly in internet forums
Trolls stomping on value of their own and other peoples cars...
What goes around comes around -
But give it time, it will come back up especially with good publicity and true believers
The RX-8 is an amazing car for what it does. But American roads are wide, straight, and long. The idea that the 350Z is more popular here is completely obvious even if it were hands down a worse car.
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Thinking more of consumer reports than this forum, but what gets said here also gets said outside of the Club - doesn't help value...
Also may people afraid ask about used because 8 looks expensive...
Also may people afraid ask about used because 8 looks expensive...
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I suspect that this car will be recognoized and cherished for its numerous qualities long after its production ceases. The car has certainly been a hit with critics, almost every magazine has pretty much showered it with praise. Sure it has been more or less a commercial flop, but many of the now "classic" cars we lust after suffered much the same fate as our beloved 8s. Sometimes greatness is only apreciated posthumously.
There was a time when the 6 cobra daytonas were almost dumped in the english channel as clapped out race cars without a home. My dad passed on a 300sl for 500 bucks in the 60s because it was too expensive to put oil in. Look at the recent sky rocketing (now somewhat plummeting value) of mopar muscle cars. Hemi Cuda's sat in dealerships as they were over priced, uncivilized heaps. Now they are worth telephone numbers. Heck even the now revered mini cooper s (the old one) was an economic disaster because it was slightly out of reach of the target demographic and the profit margins were low. The point is, great cars sometimes don't reflect their value in their own time. It shouldn't make anyone regret buying their car. If you want a car the resales well, go buy a camry and cry yourself to sleep for having given up on life.
There was a time when the 6 cobra daytonas were almost dumped in the english channel as clapped out race cars without a home. My dad passed on a 300sl for 500 bucks in the 60s because it was too expensive to put oil in. Look at the recent sky rocketing (now somewhat plummeting value) of mopar muscle cars. Hemi Cuda's sat in dealerships as they were over priced, uncivilized heaps. Now they are worth telephone numbers. Heck even the now revered mini cooper s (the old one) was an economic disaster because it was slightly out of reach of the target demographic and the profit margins were low. The point is, great cars sometimes don't reflect their value in their own time. It shouldn't make anyone regret buying their car. If you want a car the resales well, go buy a camry and cry yourself to sleep for having given up on life.
#24
I don't think honest evaluating the product you bought hurts the Rx-8 or S2000 sells. Recognizing these Pros and Cons in fact , makes some are more impressed with the car, bc they know what expect.
I really think that the RX-8 is hurt by the fact that its a Mazda bc its known for its relibilty, Sporty feeling in all its vehicle that are reasonble priced. Mazdas do look as good as more expensive cars but most know its a Mazda and expect a good price.
Nissan 6 years ago almost had to file chp 11, but bounced back with a redesigned Altima, Maxima and 350Z and now lead Sport Car sells, behind the Mustang. It now known for its quailty vehicles although not as highly ranked as T & H.
I wonder if winning all these magazines reviews and online comparisons might help Rx-8s resale value?
I really think that the RX-8 is hurt by the fact that its a Mazda bc its known for its relibilty, Sporty feeling in all its vehicle that are reasonble priced. Mazdas do look as good as more expensive cars but most know its a Mazda and expect a good price.
Nissan 6 years ago almost had to file chp 11, but bounced back with a redesigned Altima, Maxima and 350Z and now lead Sport Car sells, behind the Mustang. It now known for its quailty vehicles although not as highly ranked as T & H.
I wonder if winning all these magazines reviews and online comparisons might help Rx-8s resale value?
Last edited by donack456; 04-27-2007 at 01:18 AM.