The new 2023 Nissan Z will cost $73,300 before on-road costs when it arrives locally around the middle of 2022, the company today revealed.
The price is the same for both the nine-speed automatic and six-speed manual models – the latter of which has accounted for a surprising 70 per cent of initial orders.
As we reported last week, more than 1000 Australians have put their hard-earned money down at a dealer for their new Nissan Z – before first shipments go on sale here, and before today’s pricing announcement went public.
The circa 1000 money-down reservations come from a pool of 3000-odd people who lodged “expressions of interest”. The amount deposited varies depending on the dealer, Nissan says.
As well as this regular Z model, Nissan Australia will also offer a few hundred limited-edition Z Proto Spec special editions to coincide with the launch, priced at $80,700 before on-roads.
This special edition Z Proto brings unique bits such as Ikazuchi Yellow paint with a black roof, matching yellow brake calipers, 19-inch bronze forged alloy wheels, and interior trim tweaks.
“I know Australian fans of the Z family have been waiting patiently for further details about this impressive new sports coupe, and I’m thrilled to be able to confirm pricing and further specification details for our market,” says Nissan Australia managing director Adam Paterson.
“The fastest, most powerful and most exciting Z car ever is now ready to launch in Australia, and I can’t wait for people to climb behind the wheel of this new icon.”
The latest Z can trace its origins back to the much-loved 240Z, which was first introduced to Australia in September 1970.
- Nissan Z – $73,300 before on-road costs
- Nissan Z Proto edition – $80,700 before on-road costs
The new Nissan Z’s $73,300 (excluding dealer delivery and State taxes) price point compares to pricing of between $61,990 (manual) and $64,490 (auto) for the MY21 Nissan 370Z Nismo.
In terms of competitors, the top-selling Ford Mustang Fastback GT V8 sells for between $65,290 and $68,290 depending on transmission; a BMW 230i sells for $70,900; and of course there’s the Toyota Supra, which currently starts at $87,303 and will soon get a manual option.
Assuming most of those 1000 Australians who placed deposits follow through, you can expect some pretty lengthy wait times. Mr Paterson did not comment when asked for some detail on the supply situation, specifically around how many months or even years of supply 1000 units represented.
Nissan has yet to specify its plans around supplying its national dealers with Z stock, and whether it’ll attempt to limit dealer markups, or speculators buying then on-selling at a profit.
Numerous manufacturers have had to contend with providing the market with high-demand niche products lately: examples coming to mind span from the Suzuki Jimny, to the similarly popular (relative to supply) Subaru BRZ, Toyota GR Yaris, and Hyundai Ioniq 5.
“Waiting for product is something that’s becoming a new reality for Australians, regardless of brand,” Mr Paterson said, in a different context, speaking about Nissan supply more generally.
The Nissan Z sits on a revised version of the 370Z’s rear-wheel drive bones and uses the Infiniti Q60 Red Sport’s 3.0-litre twin-turbo V6 with variable valve timing and quick-spooling small-diameter turbochargers, putting out 298kW of power and 475Nm of torque.
Power-to-weight is improved by 13 per cent over the 370Z and the acceleration time from zero to 100km/h has been reduced by a claimed 15 per cent.
The enthusiast’s gearbox is a six-speed close-ratio manual with an Exedy high-performance clutch and carbon-fibre composite drive shaft. It has an automated rev-matching function. The auto is a new nine-speed unit paired with aluminium paddle shifters.
All Nissan Zs have a mechanical limited-slip differential and launch control as standard equipment.
Standard features on the single permanent launch variant will include leather-accented seats, an 8.0-inch touchscreen with Apple CarPlay and Android Auto, and a 12.3-inch TFT digital instrument cluster with three distinct display modes.
It’ll also come standard with Active Noise Cancellation to filter out tyre drone and wind noise, and Active Sound Enhancement to amplify the engine soundtrack inside the cabin.
For more Nissan Z content check out some of our features linked below.
MORE: Nissan Z price imminent, 1000 Aussies place deposit
MORE: 2022 Nissan Z: ‘Extreme’ Aussie demand, mostly for the manual
MORE: 2022 is the year of reborn Japanese sports cars
MORE: 2023 Nissan Z designer debrief
MORE: 2023 Nissan Z confirmed for Australia
MORE: Nissan Z won’t set the sales charts alight… and that’s alright
MORE: 2023 Nissan Z design is a love letter to existing owners and fans
MORE: Nissan Z styling will influence other models from 2023 onwards