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Prices Paid: Buying & Leasing Experiences Infiniti G37 Prices Paid and Buying Experience
8964 messages, Last post on Nov 28, 2009 at 11:16 AM
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Replying to: txvinyl1 (Dec 09, 2008 3:14 pm)
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Replying to: mosho (Dec 10, 2008 4:36 am) I am talking to a few dealers, and right now they are offering around $5000 off MSRP + low APR...is this a good deal?
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I am looking to buy a 2008 Infinity Journey sedan with these options: Premium package, Sport package, Illuminated kick plate, splash guards, trunk mat, and cargo net. The list price is $38,315 and the invoice is $34,975. Edmunds says that the TMV is $34,860. What is the right price to pay for this car with 0% financing for 3 years? Do I just subtract the $1000 "Sell Down Bonus Cash to Dealer" from the TMV, or can I do better than that? As I understand it, I can't get the additional $3000 Cash To Dealer if I go for the 0% financing. If I choose to pay cash or finance the car elsewhere, I still can reduce the price to $1000 less than the Edmunds TMV, can't I? Can I do better than that? What's the best I can expect to do on this car?
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Replying to: 8thbug (Dec 10, 2008 9:17 am) Don't worry too much about the TMV. It is a national number and car market are local. The price you get depend on how many delears around your area and the demand of the specific car in your city. The best way is to email all the delears around you within a distance that you are willing to travel and try to get the best deal... Once you have that on hand, you can look at LA area and see what is the price range there and whether it is worth your time to fly to LA and pick up your car there. And if G35 does not meet your price target in either your local market or LA area, you can always find other brand.. It is good time to buy car now..
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Replying to: topgun7 (Dec 10, 2008 10:15 am) Any reasonable suggestions as to what is the way to find the best price for this car?
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Replying to: metalblaze (Dec 10, 2008 8:42 am) I carefully calculated the pros of the low APR and felt that this was best for me. Like I would have to pay sales tax on the $3,000 added to the car price if I went with low APR. |
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Replying to: WildcatFan (Dec 10, 2008 5:34 am) What options are you considering in your 35,500 deal? What was the MSRP on the vehicle? For kicks, I asked 2 dealerships what I would expect from a 2008 G35 Journey deal. I was looking at features that included the "sport package" and "navigation/technology". I think the sticker on the car was close to $38K. The "invoice price" on the car was quoted to me at $34,200 The "cash price" on the car was quoted to me at $31,200 ($3000 core cash incentive reduced from invoice price) And this was without any haggling. If they are truly desperate to get rid of the G-sedans, you may be able to squeeze another $1000 off the cash price. |
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Replying to: mosho (Dec 10, 2008 4:36 am) |
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Replying to: redline122 (Dec 08, 2008 3:21 pm) you stated "This is NOT the what the dealer paid for the car." would you be so kind to break down the pricing of the car. what the dealer pays and what the fee's are associated? i.e. buydown's, selldown's cash incentives, holdback's etc? i always thought invoice was what they paid for the car??
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Replying to: 8thbug (Dec 10, 2008 11:44 am) Any reasonable suggestions as to what is the way to find the best price for this car?" Heh heh, I thought it is a reasonable way to buy cars since I have been doing these for the last 8 years or so (since internet become the go to place for information) 8-)) As far as shopping in LA area, it really depend how much you value your time and how much saving you are going to get.. Some people will never go out of their city to buy a car and other will go anywhere if they can save a couple thousand dollars. And you can always ship your car back home (instead of driving back) for a few hundred dollars. Some manufacturer actually can ship the car to a different dealers from the one you buy the car and all we need to do is pay a few hundred dollars to the receiving dealer for perp. Corvette people seems to do that a lot. So may be a free California vacation + some money in your pocket... This apply mostly for city where there is only one dealer of a specific brand and there is no competition to speak of. As far as getting the best deal using email. I just leased an LS460 last Friday (12/5) and I spent about 1 1/2 hours total (including getting the detail break down, confirming the final deal on the phone etc..) to agree to the terms. Picking up the car is a different discussion since the dealer is about 100 miles from my home. The LS has an MSRP of 74765 and my sales price was 59692. I posted my deal in the LS460 forum. Lexus has a 6000 rebate on LS this month and I am pretty sure I get all of it. http://townhall-talk.edmunds.com/direct/view/.f0fc7b2/128 The key of getting the best price is to generate competition among the dealers. The more people you talk to the better the chance you bump into one that is hungry for your sales and willing to take rock bottom price. Email does not always get me low price. If the market is hot or the car is new, there is no amount of negotiation that can get us close to invoice . It is all supply and demand. I paid MSRP for an SC430 when it first came out in 2001 when the waiting list is 30 deep in my dealership. And I leased an 07 G35 for $400 over invoice last year and I did the email thing. Email save me from listening to salesman B.S. on the phone. I can email 10 dealers in an hour. I seriously doubt that I can talk to 10 salesperson within the same amount of time. Good luck in your shopping.. It is fun... |
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