GT-R depreciates 23% in one year? Ouch.

[G.Irish]

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In a way it's not surprising. The fiasco with the tranny explosions certainly hurt the reputation of the car. Someone who was looking to buy a sports car for $75-100k certainly would've thought twice about buying the car after that whole drama.

But I have to think part of the depreciation hit is because the GT-R simply doesn't look exotic. It's not the kind of car that sets panties on fire, if anything, it only sets the underwear of fanbois aflame. I know what the car is, but if I didn't I could just as easily think it's a 2-door Maxima or something. Not what you want for pimping through campus.

To be fair though, an ex-press car has usually lead a harder life than most so I imagine that played a pretty big factor too.

Well, at least if you were thinking about buying a GT-R you might be able to afford one sooner than later. Anyone here thinking about buying one in the future?

EDIT: Actually they had put 30,000 miles on the car in one year...maybe that depreciation wasn't so bad after all.

[BLINGMW]

Don't a lot of cars depreciate close to 20% once they're driven off the lot?

(I have no idea, I don't do new cars)

[ScottyB]

i think 18-20% is the norm for most average cars but the GT-R was supposed to be the second coming and defy physics so i'm a bit surprised. being the least attractive nissan in history doesn't help either.

[Sijray21]

with as many pictures taken at the dealer - a car shouldn't be going there that often in its 30,000 mile early history (unless for scheduled maintenance and/or under warranty -- even so, many trips to the dealership even if covered by the warranty is ridiculous and a headache)

getting a used, higher-mileage version of this car and still spending a TON of money....? no thanks

[WRXtranceformed]

Yeah no my next project car will be a C6 Z06 for the same price used. Way better platform, way faster car.

[xvxax]

I disagree with your opinion on the looks of the GT-R. I believe a doctor drives one (daily) and parks it in the shared lot behind the office that I work at. The look and the sound of that thing... well in my mind it's stance, looks and sound do not remind me in any way of economy. It shakes the office windows when he leaves and the thing just plain looks mean. 315s out back, and it barely fits in a parking space it's so wide.

What is the general level of depreciation of say, a Ferarri? I do realize those cars start appreciating again, but what are the statistics on that?

[.RJ]

For someone that doesnt know what it is, it doesnt have any sort of presence at all. It looks like a bloated altima coupe.

[G.Irish]

What is the general level of depreciation of say, a Ferarri? I do realize those cars start appreciating again, but what are the statistics on that?

That's a good point, Ferraris and the like do tend to depreciate rather precipitously as the miles rack up. However if your number comes up on the waiting list for say, a 458, you could easily sell it to someone else for more than retail price, even if you drive it around for a few thousand miles (as in 1000-5000 miles). However, I think I've heard Ferrari has enacted buying clauses to prevent people from doing that.

But back to the GT-R, I'd have to wonder how it fares compared to its direct competition like the Z06, 911, etc. Anyone wanna do some number crunching?

For someone that doesnt know what it is, it doesnt have any sort of presence at all. It looks like a bloated altima coupe.

My point exactly. To a car guy, yes the GT-R has presence. How could it not, it's huge! :lol:

But for the average person I bet most wouldn't guess how much it costs or how fast it is.

[D_Eclipse9916]

Its a nissan, its just like a mitsubishi FQ400, yeah car guys know your fast, but no one else does. Still looks like a mid-range car.

I am honestly surprised it only depreciated 23%. Aside from namesake cars, most do depreciate 20-25% for that many miles and a year. Plus, youve got something that has already proven to be extremely expensive to maintain, the factory says it wont take care of your tranny, and your buying into a fanboi car which 99% means it has been beat to hell.

With a 911 Turbo, you have 50/50 chance its an enthusiast or just a wealthy man that wants status. Same with XKRs, Z06s, etc. With a GT-R its more likely a 90/10 percent, mostly enthusiasts or "fanbois" who beat up on the car, most likely not wealthy men looks for status, when they could have a much better "brand" for the same.

[Mike]

your buying into a fanboi car which 99% means it has been beat to hell.

that i don't agree with for a few reasons:

a) IMO, it not really a skyline.
b) few fanbois have $80k to drop on a car.

the few i do know of are owned by older men who bought them because they thought it was neat. they do actually drive them, but are meticulous about their vehicle "collections."

as long as you meet the seller, you should get a pretty good idea of what you're getting.

[WRXtranceformed]

I mean if you're comparing depreciation to a Z06 for example haha....well Chevy's in general have plummeted. Z06s were like almost 80k brand new? Some even more? You can get a used one now in the mid-50s., probably even lower.

I know everybody is different, but I personally don't buy cars to be collectible items or as an investment. I buy them to daily drive and use them a lot, or turn into a project car to thrash once in a while. To me, due to the reason I'd want to buy a sports car of that caliber, I could care less if it depreciates 30 or even 35%. In fact, I'm counting on it so I can pick up one on the cheap in a few years and then mod it all to shit :lol:

[Steve85]

I mean if you're comparing depreciation to a Z06 for example haha....well Chevy's in general have plummeted. Z06s were like almost 80k brand new? Some even more? You can get a used one now in the mid-50s., probably even lower.

I know everybody is different, but I personally don't buy cars to be collectible items or as an investment. I buy them to daily drive and use them a lot, or turn into a project car to thrash once in a while. To me, due to the reason I'd want to buy a sports car of that caliber, I could care less if it depreciates 30 or even 35%. In fact, I'm counting on it so I can pick up one on the cheap in a few years and then mod it all to shit :lol:

What are you waiting for? C6 Z06s have hit the mid to high 30's. Not cheap, but you still get a few years and 50-60K miles of warranty. Doooo iiitttt !!! There is an 06 listed right now with 40K miles for 40K, and it's CLEAN. Less than half way through the warranty for half price.

I don't see the ZR1 holding it's value anything like a Ferrari or Lambo, at the and of the day, it's still a Chevrolet.

[D_Eclipse9916]

God, I love depreciation, please PLEASE PLEASE let the Z06 have blowout issues with their tires or some easily replaceable part so they will fall even more. The C6 Z06 is on my short list of cars to have once I can afford to replace the tires all the time

[Steve85]

I'm with ya, I was never a huge fan of the C5 (verts and FRCs are OK) but a C6 is defintely in my future...It was actually when the E36 M3 came out I hoped Chevy would shorten the overhangs and sharpen the lines for the next generation, They did half for the C5, but the C6 is exactly what I pictured to be the next progression. Especially pulling cues from the bestest ever mid 60's cars.

A lot of folks think the Grand Sport is hurting the Z06 value though. It would be like Nissan serving up a GT with GT-R body, brakes, and drivetrain -70hp (out of over 500) for 30K less. There would be even less appetite for a used GT-R.

[Ken]

+1 on the fanbois not having 80k to drop on a car, or even its depreciated value. Don't really care much for a car's depreciation anyway, looking at car as an investment is a god awful proposition.

[G.Irish]

The problem with a car's depreciation curve is that if it's too steep you may end up being upside-down on equity when you're ready to sell. Granted the way to get around that is to put a lot of money down but even then it means you're paying a lot more money to operate that car in addition to consumables, maintainenance, interest, etc.

So if you buy that GT-R and put $40,000 down and you sell it in a year for $53000 you end up with that $1700/month cost, and you haven't even gotten into insurance yet. Of course depreciation is the most steep when you've bought a new car but the point is that depreciation is certainly a consideration when you're getting into more expensive cars. On a $15,000 car no big deal, on a $50,000 car you might wanna pay attention.

[BLINGMW]

ok, fine, you're right, I won't buy this sports tank.

[WRXtranceformed]

I mean if you're comparing depreciation to a Z06 for example haha....well Chevy's in general have plummeted. Z06s were like almost 80k brand new? Some even more? You can get a used one now in the mid-50s., probably even lower.

I know everybody is different, but I personally don't buy cars to be collectible items or as an investment. I buy them to daily drive and use them a lot, or turn into a project car to thrash once in a while. To me, due to the reason I'd want to buy a sports car of that caliber, I could care less if it depreciates 30 or even 35%. In fact, I'm counting on it so I can pick up one on the cheap in a few years and then mod it all to shit :lol:

What are you waiting for? C6 Z06s have hit the mid to high 30's. Not cheap, but you still get a few years and 50-60K miles of warranty. Doooo iiitttt !!! There is an 06 listed right now with 40K miles for 40K, and it's CLEAN. Less than half way through the warranty for half price.

I don't see the ZR1 holding it's value anything like a Ferrari or Lambo, at the and of the day, it's still a Chevrolet.

Seriously? I didn't think they had dropped that much. That is extremely tempting, except over the past year or two I've really switched focus to trying to pay off cars instead of taking on more bank notes haha. Just because I can afford it doesn't necessarily mean its a good idea to pull the trigger right now. I still owe ~$22k on my TL-S, and when it's paid off in 3 years I'll look into picking up a Z06 8) I'm sure by then they will have dropped even more, and they will still be just as awesome of a car!

[D_Eclipse9916]

The problem with a car's depreciation curve is that if it's too steep you may end up being upside-down on equity when you're ready to sell. Granted the way to get around that is to put a lot of money down but even then it means you're paying a lot more money to operate that car in addition to consumables, maintainenance, interest, etc.

So if you buy that GT-R and put $40,000 down and you sell it in a year for $53000 you end up with that $1700/month cost, and you haven't even gotten into insurance yet. Of course depreciation is the most steep when you've bought a new car but the point is that depreciation is certainly a consideration when you're getting into more expensive cars. On a $15,000 car no big deal, on a $50,000 car you might wanna pay attention.

Fanbois come in all shapes and sizes, just cause your a fanboi doesnt mean you arent wealthy. Goodspeed would still be a fanboi if he had 5 million dollars and like 20 supraaarrrrs. :lol:

And people buy shit all the time, I remember my dad bought the first year the Jag XK came out. As we all know prices on them drop like a rock (you ocan find a used like 3 year old XK for 20-30 grand, when they are like 90 grand new. Same with S-class, and A8 audis. Expensive cars dont hold their value unless they are "special" to people used, like z06s, 911 turbos, etc.

[WRXtranceformed]

Looks like the new GT-Rs may be hybrids according to the rumormill:

Originally Posted by Autoblog
Japan's Best Car magazine seems to be on a little bit of a hybrid high lately. Just a couple of weeks ago, the publication ran a story stating that Toyota is planning to revive its beloved MR2 nameplate with a new hybrid roadster. Now they're reporting that the Nissan GT-R will also gain a gas-electric drivetrain in its next iteration.

According to the report, the R36-generation GT-R will supplement its 440-horsepower gasoline engine ÔÇô down from the current twin-turbo V6's 480 ÔÇô with an electric motor worth about 160 galloping horses, for an overall equivalent of 600. That's a whole lot of power, and if the reports prove to be accurate, Porsche won't be the only one looking in the rear-view mirror when it comes along.