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Fair price?

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Old May 2, 2005 | 10:51 AM
  #16  
Brembo350z's Avatar
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From: Slc, Ut.
Originally Posted by Dr. Fob
Depreciation won't come into picture because it's never been registered. When you take delivery of the car, then it's value will go down.
That doesn't make sense. Nobody is going to buy a 2004 and lose 7k the instant they register it. If the dealer selling it doesn't want an old model on their lot, they have to make the consumer have a reason to buy the 04 instead of the 05. Thus making the dealer drop the price to justify the difference in the year and losses from depreciation.
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Old May 2, 2005 | 01:10 PM
  #17  
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Bottom line is I doubt you will be able to get for less than $28k. $25k would be rediculous. But if you can get it at that price, more power to you.
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Old May 2, 2005 | 01:21 PM
  #18  
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From: Western NY
Originally Posted by Brembo350z
I found a new 2004 Evo with 6 miles on it w/ the SSL package. What is a fair price for this car? 25K? less? more?
i say get it for 30k
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Old May 2, 2005 | 01:27 PM
  #19  
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From: dublin, oxford, chillicothe OH
It makes sense that they wouldn't sell it at its 04 MSRP. This is 2005, with 06 models on the way. But 25k, which was originally named, just doesn't happen. That'd be what you'd pay for a low mileage, used 04 with leather. This one's never been driven.

I'm gonna say 28-30 is understandable. 2 or 3 grand off MSRP.
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Old May 2, 2005 | 02:38 PM
  #20  
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I bought my brand new 2004 just over a month ago with SSL for $27k. Car only had 40 miles on it.
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Old May 2, 2005 | 03:21 PM
  #21  
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From: Long Beach
40 miles' a lot... maybe it has been abused tons of times
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Old May 2, 2005 | 03:27 PM
  #22  
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IMO, your never gonna get an accurate answer from here because we're not the dealer.....every dealer is different, and since it is an '04, im sure they're looking to sell it for cheap. Just go over there, make them an offer (something practical), and if they give you something higher than your willing to pay, just walk out. I guarantee they'll call u back within couple days and give u the price u wanted! Im sure you could get it for under $30K, but you'll never get it for under $25K. Good luck bro!
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Old May 2, 2005 | 04:12 PM
  #23  
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From: Nothern CA
I have seen a "03" in mint for 25 on the lot for a couple months. Most "03" s are less than 2 physical yr.s (for example, I bought mine in 7/03) old but will soon be three model old years old. New models will probably carry added mark up which artificially delays price decreasses for used or new out of date models. It really depends on what the dealer cost basis is and the market for the particular car. What the car you are considering is worth in your market is probably too complex for this site.

If it were me, I would come in with a cash on the table offer @ 27k, leave my phone number and wait for them to call.

BTW An unsold car can devalue when an improved model comes out. This depreciation is described as functioal obsolescence. This type of depreciatin can reverse if the new model has an unpopular change. For example, 1970 cars were replaced with smoged down versions in 1971. The "70"s Hi perf. cars were sought after.
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Old May 2, 2005 | 04:16 PM
  #24  
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$3000 would be fair. I just saw an '04 with 400 miles selling 'new'. The dealer is asking $30500. Car has SSL. I would think that $29500 would be a great deal. Another dealer had a new 2005 that they were ready to make a deal on. We never got to pricing, but the salesman mentioned a few hundred over invoice. There seems to be plenty of 2005's around, and a few scattered 04's. I haven't made a move yet as I expect prices will drop as incentives go up. Current incentives (none, really) ended today. New ones should be announced within the next few days. Here's hoping for a deal on financing and/or rebates.

BTW, I've been registered for over a year, but this is my first post. Looks like it might actually be "EvoTime"!
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