Will Q45s ever appreciate in value?

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MinisterofDOOM
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I'm with Robert. How many of us are planning to profit off of G50 Q sales?Yeah. Exactly. ALL of us, though, will need parts. I still need to actually acquire one...So I'll be perfectly happy to see them drop further and further in value.My Maxima's a car that hasn't depreciated nearly as much as it should have. It makes it a HUGE pain to come by used parts for any sort of reasonable price. Even non-running cars are outrageous (more than running Qs of the same year!)All that does is hurt me since I have no plans to sell the car.When I finally do find myself a G50, I'd certainly prefer to pay less rather than more.
Loveless wrote:that's matter of opinion, for instance, I think 90-96 looks pretty damn ugly and those silver ricer stripes displayed in your sig really isn't helping either.
Go troll somewhere else, dude.


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elwesso
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I agree with everyone here, they all bring good points... However, i think its hard to say...

I think by 2040, there will be VERY VERY few Q45, especially early 1st gens, that are in any sort of presentable condition......

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Falkdesigns
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By 2040 I'll be 70 !!!

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Jesda
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Loveless wrote:that's matter of opinion, for instance, I think 90-96 looks pretty damn ugly and those silver ricer stripes displayed in your sig really isn't helping either.
Altiman returns, ready to receive more buttsecks!

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Really how many cars do appreciate in value? Not a lot. I have a 1984 300Zx and I have seen this debate on the 300ZX board too. I was the original owner, took the brand new pain on this one, first and only time I did it as in BRAND NEW. It was 18k in 1984. Today in prestine condition with 150k I wouldn't take less than 8k, which is a hell of a lot but most of the Z31's out there are rust buckets. Now would I find someone to pay that, probably not. Therefore, she sits next to my Q and will do so until they prey it out of my cold dead hands.

As for my Y33, I plan to drive it for 5 more years and than it will be worthless anyways.

99.99% of cars end up worthless, Infinitis are no accpetion, but if you have a really clean 90 in 2040 who knows. I wonder what my 84' 300ZX could get when it turns 40-50 years old and still runs like new????

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Falkdesigns
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My wife's 1991 Accord Wagon was recently stolen, and insurance totalled it. We paid $4200 for it in 2001, insurance just paid us "fair market" which was $4800 minus our $500 deductible, plus, we got $560 for the after market wheels.

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i-Zer0
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FYI - I'm a VW freak as well (99 Golf Wolfsburg MKIII) - anyway, check out this website - Probably the '04-'06 V8 Touaregs will share a similar fate as the Q's - although its depreciation would be for other reasons IMHO - Maybe in the meantime, those who want something as an alternative that's also very well engineered (German), this may suffice - I know it will for me...admittedly, I WANT one! http://forums.vwvortex.com/zeroforum?id=39


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"My wife's 1991 Accord Wagon was recently stolen, and insurance totalled it. We paid $4200 for it in 2001, insurance just paid us "fair market" which was $4800 minus our $500 deductible, plus, we got $560 for the after market wheels. "

What am I missing, you paid how much in comprehensive/collision insurance over the 5 years you owned the car vs just having liability insurance on it?

And they repaided you in depreciated inflated dollars [at least 15%].

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Jeff Williams
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Great point. I pay about $600 per year more for full coverage over liability only.

In 5 years, I ahve paid my insurance company to buy me a "new" 1994 Q45t.

Who is really making money on our cars?

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But few save the not spent insurance money into the car savings account.I have almost $3,000 earmarket from such savings.

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Q45tech says, "But few save the not spent insurance money into the car savings account. I have almost $3,000 earmarket from such savings."

Now that sounds familiar. I canceled my "dental insurance" 5yrs. ago, and "paid my own Dental Account" (a catogory in Quicken) the same dollar amount ($80 per mo.) I would otherwise have been pissin away to the Insurance Company. All 4 of us go to the Dentist regular, pay cash, (it's also cheaper that way) and I still have $3,000+ in my "Dental Savings Account". There is no law against carrying your own insurance... :-) Hell, if I need some money for something else, I have it. Try getting that money from past payments, from any Insurance Company... :-)

Insurance is a big ripoff in my opinion, I only pay what the Law requires, (liability) and carry the highest deductable...I live in a very small town...not much risk here.

Allthough they did find the murderer Ms. Winkler and her 3 girls yesterday, just down the street...at the beach.


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Jesda
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Insurance is risk protection. If you're not at risk, then you don't need the protection.

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Also, Automobilies are sorry "investments"...I have a rust free Original 72 Porsche 911T I bought 15yrs. ago for $8,500. I'd be lucky to get $11,000 for it today...I would consider that a loss...so I'll keep it... :-)

A car is only worth what someone is willing to pay...There's an A** for every seat... :-)

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Falkdesigns
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Q45tech wrote:What am I missing, you paid how much in comprehensive/collision insurance over the 5 years you owned the car vs just having liability insurance on it?

And they repaided you in depreciated inflated dollars [at least 15%].
Whatever. I paid ~600 a year, 4 years, that's 2400. I still got nearly $5000 to put towards what we replaced it with. IMO, I made out.

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There's 1.5 ways Q45's will appreciate in value

1 - If the next, and future Q45's are so high in demand that it actually gives the Q45 a 'Corvette' like status over the next 20 years. (which won't happen)

.5 - If Fast and the Furious goes JDM luxury and decides to feature Q45's in a future movie.

(note, the last one was a joke aimed at the 240sx crowd that believes the next F&F is going to boost their car's value)

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sijoko
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The Q wil only appreciate in value if it becomes a car that has some kind of halo status given to it such as the last generation Supra TT.

Right now, I am seeing mostly ragged out examples on the highways.

But, I have noticed that our new members are buying these cars to bring them up to good condition. So there might be a reversal in the price drop within a few years.

The best thing that you can do to help the prices appreciate is to take care of your car.

Eventually, I believe that there will be a somewhat moderate demand for first gen Q45s in excellent condition. You can see the trend starting on eBay now.

For me, it doesn't matter because I have no plans to sell my 94 Q. I would, however, like to pick up another Q or two. Also a J30 and Z32 300zx TT.

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My prediction: Q45 sale prices will increase, but not necessarily increase in value. There's perceived value, and actual value... what the books and "experts" tell us something is worth may not necessarily be what people will ultimately be willing to pay. As Qs gain in popularity, they will command higher prices, despite what KBB and the internet tells us. Of course, those price increases will be driven mostly by enthusiasts and "enthusiasts"...As for the next F&F movie helping drive the perceived value of 240s up, it already has... for SOME 240s. Most of the crappy ghetto ones you see around are still worthless to everyone (except delusional kids), but nice ones can fetch quite a bit... a friend recently sold his for over 20K cash in a matter of a few hours. It takes the right car...cuz not all 240s will be worth much more than what the blue book says... just as not all Q45s will be worth all that either. But that doesn't mean we're not gonna see some of them going for a bit more than we're accustomed to seeing now

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For 3 years, I've had my eye on the one of the 3 Q's in town, (I have a black 94, high school teacher has one exactly like mine, looks abused, and a white one) it's unmolested, pie pans, white/tan parked at an Interior Design shop.

I'm sure the lady would laugh in my face at an KBB offer...

I'll give it a shot sometime next week...

Increase in value? Maybe if Jimi Hendrix drove one, an old lady sold a 50's Stratocaster last month for $76,000, and the sucker found out it had been "re-finished"! Can't trust even old ladys these days... :-)

Like I said there's an A*S for every seat!

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sijoko
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I have a question about the system KBB uses to get their average prices.

Don't they look at the asking prices for a particular car throughout the nation and then average it out?

I know there are probably other variables. But, couldn't the price be affected by enough people who decided to list their Q45s with higher prices.

In other words, if a bunch of ads were put out in different cities with high asking prices, wouldn't that have an effect on Q prices overall?

I am not advocating market manipulation, but just trying to figure out the system that is used.


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KBB is irrelevant.

They told me my S14 was worth like $6500, I got offered $11k at a stoplight a week and a half ago.

I do see the Y33 prices going down, you can actually get a Y33 for less than a nice 94+ G50 these days, at least around here.

Fine with me, hope prices keep going down, I don't have mine yet, I want to buy cheap and I'll own it until the wheels fall off.

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Q45denver wrote:Use Edmunds TMV- big difference.

http://charlotte.craigslist.org/car/143863781.html
agreed... its very fair for buying AND selling... KBB is heavily biased toward dealers.

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Vinsanity
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used cars only appreciate in value a while after a sharp drop in the market. think about it...

1960's/70's muscle cars: pretty much disappeared by 1974 due to energy crisis/insurance hikes/etc.

1990's Japanese turbo cars: pretty much disappeared by 1998 due to low demand/high prices/currency inflation

cars that were once popular, but suddenly fall out of favor and get discontinued will make their comebacks eventually. some might say that the Q45 follows this pattern, but however, the car was never really that popular in the first place.

I predict the next big "classic" will be the 2007 Escalade. somday, even rich people won't wanna spend that much on gas.

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just what is craig's list???? and where may i find it???

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When I went shopping for my Q last month, it quickly became apparent that at least the Y33s were selling for LESS than what KBB listed. For example, several sellers on ebay actually pointed this out in their listings.

As for low resale value, it was one of my biggest reasons for choosing a Q - There are a few other luxury cars that can also be picked up for 10-20 cents on the dollar, but none of them have the build quality, wonderful engine or great looks. Search all you want, but I doubt you can find many other used cars that deliver as much car for the money.

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I'm keeping mine for a long time. One of the reason I bought the Q is the fact it is a lot of car for the money. The built quality, performance and good looks is much better than some of the luxury cars in the market today.

Never mind the resale value, I'm enjoying my Q and will drive it for many years to come till the wheels falls off. In fact I'm looking for a used Q (96-99).


DrewQ45
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Just thought I'd link to the thread that jump-started my thread again....

zerothread/176660

Long live the Q!!!

BTW, mine turns 200K in about 14 more miles! Guess I'll be postin in the 200K club then!

DrewQ45
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Sorry bout the double post.... mods...feel free to take liberty...

Just thought I'd link to the thread that jump started my thread again....

zerothread/176660

Long live the Q!!!

BTW, mine turns 200K in about 14 more miles! Guess I'll be postin in the 200K club then!

My car was made in Jan of 1990. Isn't that like the first Q ever made???? She's definately an exotic beyotch...and she's so clean!!! Pics to come when she she gets a wash...

Some Mods....

Updated Chain Guides (T3)18” Motoforge racing wheels Sumito HTR+ tiresSS BrakelinesZinc Plated Drilled & Slotted RotorsStillen Solid Tension RodsNico ECU93’ TCU (1st gear start)Jeff’s FSTBRear Sway Bar (from active Q)B&M transmission CoolerJDM TransmissionTociko Shocks all aroundCali Custom lowering springs (in waiting)Mobil 1 full synthetic engine and gear oilPoineer HU, Infinity Kappa fronts, Kenwood rears and Cerwin-Vega Subs
Modified by DrewQ45 at 1:55 AM 5/25/2006

mitchald
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I bought a '93 Q45 with 165K about three months ago for $1,500. Since then, I've put another $1,500 in it (a/c and brake work). Plus lots of little things I have done myself.

BEST $3,000 I have ever spent on a car. I love it. It looks rough on the outside. Inside is perfection. Best driving car I ever owned.

So far, my wife is not saying much about the repair costs. I am sure that it will keep on costing too much (on the surface) for repairs, but it is still cheaper than making payments on a Taurus. And a heck of a lot more fun. Like the forum is.

After reading here for the last few months, I guess I will start looking for another one to keep for parts.

Thanks for all the knowledge flowing across the forum,Mitch


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