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Prices Paid: Buying & Leasing Experiences Infiniti G37 Prices Paid and Buying Experience
8963 messages, Last post on Nov 28, 2009 at 6:54 AM
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Replying to: redline122 (Dec 08, 2008 3:21 pm) I think it is meaningless to bring up the hold back, the amount of money they can potentially make etc in a negotiation. Dealer are in the business of making money. We never ask how much the previous home owner make when we buy a house. And we never ask how much BBY make when we buy a TV from them. So why is car dealer so special that we want to liimit how much money they can or should make? I also buy cars every 2 years or so. And I just take the approach that supply and demand will dictate my puchase price. My job is to find out the market condition of the cars that I like, pick the one that I most likely can get the best deal and negotiate the best that I can. It is really not my place to detemine or get upset if a dealer make some money. After all I decide to buy or lease at the price that we agree. I leased an 07 G35 for two years and I paid 400 above invoice. I just leased an 08 Lexus LS460 last Friday with 15K below MSRP or 6+K below invoice. It helps a great deal that I live in S.F. bay area where there are a lot of competition. But back in 2001, I really wanted a Lexus SC430 and I pay full MSRP for the car when it first come out. I don't feel sorry for the dealer if they loss money on any of my deal. I also don't get upset if they make money off of my purchase. After all that is the best deal I can get within my specific location. My job is to get the best deal that I can afford, not running delear's business. |
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Replying to: topgun7 (Dec 08, 2008 10:34 pm)
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Replying to: topgun7 (Dec 08, 2008 10:34 pm)
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I am new to this site and have been doing extensive car searches. I am wondering if you guys could share your input on the deal I just received from a Chicagoland dealer. Brand new 2008 G35X with Premium and wood trim. MSRP $38,530. 39-months lease with 12,000 miles/yr. $0 down and all taxes & fees rolled into the payments for $498/month. Price factored into the lease: $34,500 Money factor: .00119 Residual: 54% Any input would be much appreciated.
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Replying to: rhard49 (Dec 09, 2008 5:53 am) P.S. Anyone heard of any new December incentives on the G37, or is it the same crap from November? Thanks.
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Replying to: rhard49 (Dec 09, 2008 5:53 am) I typically wouldn't have dealt with the transaction the way I did, but as you said the "economic climate" urged me to have the dialogue I had with the dealership. Actually, as this dealership was mulling over the number I was ultimately presented with. I contacted 4 other dealers in the area to see if they could meet or beat the deal. I gave each of them 20 minutes to think it over with their respective general managers. I did get call backs from each one - and all saying the same thing... to take the deal if it's for real. My style for negotiations has forever changed with regards to vehicle acquisitions and would probably flow on over with my already aggressive methods with acquiring real estate. LOL. As for the M45s... I am ruined. Not too many cars out there feel as good to me for the size and handling I was looking for. The BMW 550 is it's closest contender that I would consider, but not for a $20K difference in cost. |
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Replying to: redline122 (Dec 09, 2008 1:37 am) heh heh, I mean no offense. It is just that dealer is not going to budge simply because we know how much they made. The only way to make them move is competition and their needs to sell a minimum number of cars every months. And the honest answer is that if they have to sell the car below their holdback, buy down etc and loss money, I won't have any problem buying the car if they are willing to sell it. And on the flip side, if the car is really hot, they would just laugh and move to the next customer if they don't get the price they want... I have been buying and leasing cars for the last 16 years (about 12-13 cars total) and I never find it helpful to bring up how much money they make or loss on selling each car (since I don't know their cost structure, there is no way that I know whether they make money on a given deal or not). I leased our 08 LS460 last friday and it took me a total of 1 1/2 hours to get to price agreement by sending/answering email to 3 out of area dealers and one of them come back with the price that we want. And later on we found another delear in our area that is willing to match the deal for a different color combo. Time is bad for delears now and competition is the best way to drive down the price.
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Replying to: topgun7 (Dec 10, 2008 12:03 am) If there was ever a mantra that holds true, is that "cash is king". To a dealer (or to any other business), it's more beneficial to have cash in reserves (wherever they keep it... bank, mattress, safe, or even frozen in a freezer). Cash doesn't depreciate as fast as the very piece of consumable they sell - the car. Even more so, the place where dealers really make any cream on their deals are the "add-ons" like gap coverage, permaplating, tire/wheel road protection, etc. Those items are very nice to helping the dealers bring in more cash... 
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| G35X, Premium/Navigation/Wood/Splash/Net (MSRP= $40,680). Bought for $32,400 + TTL. Took the $3,000. | |
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Thanks a million for all the posts. Wow what a difference it makes to have this listserve to exchange information. i've been shot a 35,500 deal on a 2008 G35s. Where can I find the dealer cash, hold backs and other details? The infiniti website does not have the cash back. One dealer tells me he has 4000 the other says 5000 on the g series. i'd like to get something printed to show me the cash incentives and, if possible, something to show me the dealer hold back. i've gotten the dealer invoice from Edmunds tmv. doesnt that value even go down now since there is only 20+ days left in 2008? thanks again for all the input.
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