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Infiniti G35 G37 Prices Paid and Buying Experience

6575 messages,  Last post on Oct 06, 2008 at 4:09 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Infiniti G35, Infiniti G37, Coupe, Sedan


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#5728 of 6575
Re: How to proceed [asteinberg] by waltaz
Mar 14, 2008 (10:17 pm)
Reply

Replying to: asteinberg (Mar 14, 2008 7:55 pm)

A good deal would invoice, including destination, minus the $500 cash rebate. There is no marketing charge to add on to that.
 
Doc fees in AZ are $369 - $399, but vary all over. CA is set by law to $55; Dennis knows a dealer that has $0 doc fees.
 
Look a couple pages back in the lease thread for the March residuals and money factors.
#5729 of 6575
Re: How to proceed [waltaz] by asteinberg
Mar 14, 2008 (10:50 pm)
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Replying to: waltaz (Mar 14, 2008 10:17 pm)

Thank you!
I have BMW530i. Question is whether to go for InfinitiG35 or spend more for a LexusGS350.
Regardless, I'm curious. As someone who has bought near invoice the last several cars. can you explain--
if i get an Infiniti at $500 under invoice (to allow for rebate), or the equivalent of invoice, how does the dealership, with all its expenses (location, utilities, staff, insurance, etc.) find money to pay the salesman who handles the transaction, and where is any profit for the dealership. Surely, the holdback is not enough to accommodate the salesman and the dealer profit.
If they're hoping to make money off financing, I would probably pay cash; or, if I lease, demand the wholesale money factor.
What am I missing?
Why is this car so discounted? Is there a problem with it?
#5730 of 6575
Re: How to proceed [asteinberg] by waltaz
Mar 15, 2008 (6:48 am)
Reply

Replying to: asteinberg (Mar 14, 2008 10:50 pm)

Dennis can answer much better than I can - he's very knowledgeable.
 
I know they make money at invoice due to the holdback and the dealer doc fee, at least. Plus whatever they sell you in finance. I look at this way - I can get them to agree pretty quickly to a near-invoice deal, which means it must be OK for them.
 
Also, we're the exception...most people are probably happy to get a deal off MSRP and drive away happy.
#5731 of 6575
Re: How to proceed [asteinberg] by kobayashi
Mar 15, 2008 (7:12 am)
Reply

Replying to: asteinberg (Mar 14, 2008 10:50 pm)

The car manufacturer has other incentives that help keep the doors open at a dealership - it is in their best interest. The other factor that allows dealers to make less on new car margins in the real money maker in their building - service. In some ways, the sales of new vehicles has become a loss leader for the high margin service department where costs and margins can be tightly controlled and predictive. Also, the used lots can be a source of margin where the ease (and margin) of financing and shiny older cars with more sway in what is a value can help make up for lost dollars on new car sales.
 
Do not feel bad about getting what seems like a zero margin deal for the dealer. After a trip to the service department down the road, you will see how it all comes out in the wash.
#5732 of 6575
Re: How to proceed [kobayashi] by asteinberg
Mar 15, 2008 (8:49 am)
Reply

Replying to: kobayashi (Mar 15, 2008 7:12 am)

It's not feeling bad about a zero margin deal. My question is -- in a zero margin deal, how does the dealership compensate the sales person? Also, I don't understand the make-money-on-service argument, because I've often secured my car at a farther-away dealership, but serviced it at the nearby dealership.
--
On another matter, I'm trying to understand why I should, or should not, spend the extra money to get a Lexus GS350, vs an Infiniti G35. Any thoughts?
#5733 of 6575
Re: How to proceed [asteinberg] by dwynne
Mar 15, 2008 (12:44 pm)
Reply

Replying to: asteinberg (Mar 15, 2008 8:49 am)

The dealer gets 2% or so of MSRP as hold back, so on a $40k car this would be $800. As was mentioned, Infiniti service is not included and can be very expensive. Just about every car dealer also makes more profit on a single used car sale than they do on several new car sales. There can also be incentives and quota based deals we don't know about.
 
If you are worried about how much the dealer makes then simply pay full MSRP and ease your mind. If the dealer and the salesperson were not making money on the deal, they would not sell you the car. Your job is to get the best price for yourself not not worry about how they are getting paid.
 
It is your money, go drive both and see which appeals to you better. If it is the GS and you don't mind paying the extra money, then get it. You are asking in a G forum which car you should get which is pretty dumb if you think about it . Both are nice cars, the G is sportier and costs less and has a better lease or loan available. All that does not matter if the GS is for you. You have to drive it and pay for it, so you have to decide.
 
Dennis
#5734 of 6575
Re: How to proceed [asteinberg] by kobayashi
Mar 15, 2008 (1:09 pm)
Reply

Replying to: asteinberg (Mar 15, 2008 8:49 am)

For every person who buys and then services elsewhere, the services elsewhere is there for someone else. Sales personnel have different compensation schemes which could involve number of vehicles sold, average margin, manufactures spiffs, etc.
 
As to the G35 vs. GS350 debate - I think they are pretty different cars, irregardless of price. The Lexus is focused more on luxury and the Infiniti more sport. If being more disconnected from the driving experience and pampered in high end leather and wood is more your style, the Lexus is a great way to sit back and be driven. The Infiniti provides more of a connected feel and veers towards sport more than luxury - the exhaust note, sport packages and road feel separate the cars. Although lexus and Infiniti initially each grew out of two leading mass market car makers, each went at it a little different.
#5735 of 6575
Re: How to proceed [asteinberg] by ocg35man
Mar 15, 2008 (2:19 pm)
Reply

Replying to: asteinberg (Mar 14, 2008 10:50 pm)

As Dennis and others have said, a dealer makes money such as holdback and other incentives or bonuses from manufacture we don't know about.
 
And any successful New car dealer runs very profitable Parts and Service department as well us Used car department. That's where the money is for them.
 
Also, it seems like nowadays on many brands like Infiniti/Nissan and others have
very little gap between Invoice and MSRP compare to several years ago. On G35,
depending on options, difference between Invoice and MSRP is only about $3000 to
$4000. To me it doesn't sound right on a car with MSRP of $35000 or more.
 
Finally, all new cars cost money to a dealer if they sit too long. It would be better
for them to make $300 less now than have it sit on their lot and cost interest money.
 
There's nothing wrong with G35 in my opinion. It's one of the best Sports Sedan and
Coupe in its segment. Right now economy is bad and car dealers in general are
not doing well, so it is a Buyer's Market, just like Realestate Market.
#5736 of 6575
Re: BRAND NEW G 35 Coupe [jeffmo2334] by a1s1a1
Mar 16, 2008 (7:51 am)
Reply

Replying to: jeffmo2334 (Mar 14, 2008 7:56 am)

Jeff and Dennis,
Thanks for your thoughtful insight, it really helps me in deciding which way to go.
The new '07 G35 coupe with premium package is for 29.5K plus tax and title/Doc. fee, which in my opinion is quite an irresistable price to pass ( MSRP 37K ), however, the resale after a few years and no special financing plus the fact that it is an older model may not be worth the saving.........Jeff, I live in Wisconsin
Guys, thanks again
a1s1a1
#5737 of 6575
Re: Question about Feb. pricing [erving6] by ginskee
Mar 16, 2008 (9:10 am)
Reply

Replying to: erving6 (Feb 01, 2008 6:39 pm)

Randy, were you able to finalize a deal in AZ? I am just starting my search and am finding that most of the dealerships don't want to talk pricing over email. I'm looking at the G37 and am wondering what pricing people in Arizona are paying for the Journey (and what options they added)

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