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Prices Paid: Buying & Leasing Experiences Infiniti G37 Prices Paid and Buying Experience
8828 messages, Last post on Nov 09, 2009 at 7:35 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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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Replying to: drjustin (Dec 10, 2008 6:04 pm) From my experience and conversations from this and other car transactions I have done (not many I must admit, 4 of my own and 2 for friends), the selldowns and holdbacks are the cream that can be incorporated into the invoice price. After knowing all the incentives on a car - the lease loyalty program, published selldowns (within the dealer's binder), holdbacks (not found written down anywhere in the dealership to the prospective customer's eyes), and the manufacturer to customer all-cash incentives - you can get pretty close to the number in which the dealer is truly making a couple of hundred dollars at best. It really does pay to simply ask the question to the sales managers... I worked with the Internet Sales Manager. I am certain that my $41K M45s transaction may sound good on paper and forum, but I am certain that the dealer made money somewhere in there (maybe more manufacturer to dealer cash to move aging inventory)... but at the end of the day all parties were able to close on a number. Some unorthodox negotiations and building a case for my "first crazy offer" (as the managers called it) are beckoned with the current economic crisis. I probably spent about 3.5 hours of total talk time (phone and in-person) in getting a number I felt good about. I think of that 3.5 hours, I spent about 20 minutes test driving the new 2009 FX50S - a sleeping beast... argh! That almost convinced me to start dealing with it rather than the M45S. I had to control my caveman instincts...  Oh yeah... the MSRP for that crossover beast was $67,000. Let's see how many months that will stay on the lot.
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Replying to: dae928 (Dec 09, 2008 2:17 pm) BTW - I told Audi to get bent. There residuals are garbage so they can't compete in the leasing game with the Japanese.
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Replying to: metalblaze (Dec 10, 2008 6:35 am)
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Replying to: txvinyl1 (Dec 11, 2008 1:43 pm)
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Replying to: kingpcgeek (Dec 11, 2008 1:53 pm) Thanks.
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Replying to: txvinyl1 (Dec 12, 2008 8:15 am) While Infiniti would love to get rid of all of the 08 in 08, there is no law, rule, or policy that requires them to do so. |
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Replying to: txvinyl1 (Dec 12, 2008 8:15 am) Cars are moving ever so slowly on the lots these days. I have found new 2007 Infinitis around the US. As kingpcgeek said, there isn't any policy/law/mandate to encourage or force dealerships to liquidate previous model years. On that note, the stigma of buying a new car from the previous calendar year just adds to the buyer's negotiation toolbox. 1, I would do a blue book analysis for a particular new car from a previous year in "excellent condition" with little to no miles. 2. Bring the wholesale, suggested retail price, and private party results to the dealership. No need to throw them out for all to see. It's better to be discrete. 3. This, along with other items of research, will help you get the best price that you are comfortable with. Hope this helps... and good luck.
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Replying to: redline122 (Dec 12, 2008 9:44 am) For the past few months, I've been keeping track of the 2008 G37 coupe inventory of the dealerships in my city and there are currently 110 G37s on hand. In the past month, only about 20 have been sold. The incentives have not changed from last month to this month, so I don't see how they can sell all 110 without more manufacturer incentives. For this reason, I am holding out in hopes of better incentives. Knowing my luck, if I bought one now, a couple days later there will be more incentives and I could have saved a couple extra thousand dollars. I've heard that dealerships will send unsold cars to auctions. Is this true, and when would this happen? And would dealerships take a loss just to get rid of a car? When I say loss, I mean selling it for less than what they paid for it (Invoice - holdback - manufacturer incentive). Thanks again.
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Replying to: txvinyl1 (Dec 12, 2008 11:57 am) It is very doubtful that there is any hold back left on any 08 Infiniti's at this time so don't figure that into any pricing equations.
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