Resale Value

J

jimmybans

Member
Do you ever wonder, whats the value of the car you drive. From what i see on this forum, most of us have 03 -06 FX models. I myself have 05 FX35. New 05FX was priced at 37K and with all upgrades would cost about 45K + Tax easily.

Today my cars worth about 22K on KBB. Market value actually is even lesser.

Any idea why Infiniti has such a low resale value. The above numbers shows about 50% depreciation in 4 years. This is not normal for Japanese cars.
 
I think this probably normal. The 45 takes a way bigger hit than the 35.
High fuel prices last year likely also count for it's diminished value.
 
O5's with decent mileage (low) are going for up to 18k at the auction.
Which is where I plan to get rid of mine :)
Alot of cars took hits in depreciation. I think ours is doing ok compared to others.
 
Does the fact that the 2nd generation FX models have a lot to do with value of older models in the same series of cars. I know when ever they introduce a redesign of a car prices seem to go down for the previous year models of the same car.

Not sure if it true or not though:confused:
 
You couldn't find a used FX45 to buy last year even if you wanted one.
 
jimmybans said:
Do you ever wonder, whats the value of the car you drive. From what i see on this forum, most of us have 03 -06 FX models. I myself have 05 FX35. New 05FX was priced at 37K and with all upgrades would cost about 45K + Tax easily.

Today my cars worth about 22K on KBB. Market value actually is even lesser.

Any idea why Infiniti has such a low resale value. The above numbers shows about 50% depreciation in 4 years. This is not normal for Japanese cars.
Click to expand...


dude this is scaring me as well and i dont even have an fx.

i was looking to buy an 03-08 model within the next few weeks, but there are so many old model FX models to chose, some with < 50 K and the prices are too too nice ( < 20K) . I am just thinking either its the economy
or people are just upgrading their Fx to the new one or
people just hate luxury cars all of the sudden.
Makes me apprehensive to buy this thing what happens if I buy it, I dont want to be left holding the bag if you know what I mean.
 
Just do it Joey!
Most cars are not appreciable investments. If you buy used, the 1st owner took most of the hit. You're thinking too much, & in the interim, missing all the fun of owning such a fine ride
 
Comon people vehicles are NOT investment instruments. They are all depreciating assets(unless you are a collector and have endless bank for collectibles). If you are constantly thinking about resale value then just lease be done with it and start enjoying your ride!
 
Our FX's actually had high resale values before the hike in gas prices and U.S. economy going into the crapper.

When gas prices hit the $4 range, ALL SUV's took a huge hit in resale value. And with how the econ. is looking now, no car will have a high resale value. Maybe on paper it'll be high, but guaranteed no person or stealership will offer the blue book market value for any car these days.

This is the time to rape people selling their used cars, and take advantage of stealerships at 0% apr for 60 months with $0 down. U know it's a shitty economy when Toyota is offering 0% rates.
 
If your getting new be prepared for sales tax increase in April:tdown:
 
avoid tax

or you can buy through private party and report the car as a "gift" and pay only $15 in taxes if owner has title in hand
 
MTN FX said:
If your getting new be prepared for sales tax increase in April:tdown:
Click to expand...

Riverside/SB County and Orange County guys will only get hit with 1% increase, but LA County guys will get a special treat. I hope you guys are ready to get violated with 9.75% soon :biggrin:

I hope you guys vote and I hope we are all familiar with some of the ballot measure in the upcoming special election. I would hate to get raped for two additional years of increased taxes. Probably should seriously look into Proposition 1a. This proposition will butt rape us Californians for another two years of higher taxes.
 
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