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You are in the Prices Paid - Buying & Leasing Experiences
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Infiniti QX56, SUV
#654 of 874 Re: 2011 QX [cuibap]
Oct 21, 2010 (6:14 pm)
$3,000 below MSRP is not unreasonable considering that American Express' auto purchasing program has a target price of $66,774 ($2,226 below MSRP) for 2011 QX56 4WD with Theater and Touring packages.
I'm personally waiting for the VPP to be applied to this vehicle so i will be working from the "invoice" price plus potential customer cash incentives. Yes, i do understand that it may not be applied to this "new" vehicle for a while but for 5-10K+ off, I'm willing to play the waiting game
FYI, check out the different savings from various VPP programs:
"friends" and extended family 2010: http://www.insidenissan.com/monthly_cplan_infiniti.html
"friends" and extended family 2011: http://www.insidenissan.com/monthly_cplan_infiniti_2011.html
#655 of 874 Re: I guess I will wait and see!! [unbelievable3]
Oct 22, 2010 (6:04 am)
2010 vs 2011 = Big Difference
Go back and look at previous post. Most dealers were taking $10-$11k off the MSRP on the 2010 (Infiniti had $7k dealer cash) that was normal, so getting an 2010 for under $51k was normal. However, it is normal that right now the 2011 are going for MSRP or right around there. This is not a "lie".
You are comparing two totally different situations.
Only reason I respond is you are advising people to go around "low balling" - they would be wasting their time. Supply vs Demand.....one day it will sway back and the price will come down....but probably around March or so.
PS Have you ever considered the higher the dealers are selling the 2011, the more your 2010 holds its value? If we discount the 2011 by say $5k like you suggest, then your 2010 goes down $5k....ummm business sense.....
One last thing - this in a National site - I am speaking for the Southwest, maybe where you live things are different.
#656 of 874 Re: I guess I will wait and see!! [sewellgsm]
Oct 22, 2010 (7:21 am)
It surely must be a Southwest thing. As I have previously posted, I am in the NYC metro area and paid 66k for a 69,515 MSRP and had multiple dealers ready to make that deal.
#657 of 874 Re: I guess I will wait and see!! [sewellgsm]
Oct 22, 2010 (8:06 am)
For the record, I never asked anyone to go around low balling all the dealers. Just as I never accused the dealers on this forum of going around creating false hype and demand to get everyone to purchase at MSRP. Just as you justified your contribution as a dealership to this "buying and leasing experience" in previous posts with your "experience", I'm simply presenting facts that everyone can actually verify for themselves. Now, that's "no lie".
The first thing I pointed out is that American Express auto purchase program (a national program) also offers 2K+ off MSRP so 3K off MSRP is not unreasonable for a buyer to ask for. If you think that's low balling then you need to reach out to American Express and let them know that they are cutting into your profit margin.
Another thing i pointed out is that the Nissan/Infiniti VPP program out there provides discounts to friends, extended family, business associates and employees. This is also a national program that everyone should investigate and see if it's something they can take part of.
Indeed 2010 vs 2011 is a big difference at a specific point in time. The point of sharing both of the 2010 and 2011 incentives from VPP is to help people estimate what *may* the 2011 incentive look like the same time next year. Just a way to help people plan accordingly with their own budget if they are willing to take a leap of faith that the incentive trend will be fairly consistent from year to year. By no means i'm asking them to demand 2010 incentives on a 2011 vehicle right now. If they are dumb enough to interpret that from my post and show up at your dealership with that demand then I have no doubt that your sales skill can easily persuade them to pay full MSRP
As for cars holding its value. For the people that purchased the vehicle for invoice price, the vehicle will hold its true value longer than those that paid MSRP. Business sense is only necessary when you're the business owner; Common sense on the other hand is for everyone else.
Again, you're absolutely right about supply and demand but we the buyer ultimately controls the demand while the sellers will continue to influence the demand by controlling supply, creating a better product or creating a bigger hype (by posting on "buying and leasing experience" forums)
For the record, when i do buy my QX56 sometime next year if and when the VPP finally applies to QX56, I will have no doubt that I will take it to Sewell for service as you guys are without a doubt the best for your customer service but I have to admit that i was shocked to see how hard Sewell is trying to influence everyone on this board when people are simply trying to educate each other.
#660 of 874 Re: I guess I will wait and see!! [cuibap]
Oct 22, 2010 (10:32 am)
You may be able to get a better deal if you wait till next year but you also have to consider what that will do to your trade value. Most people buying this car are trading in another high dollar vehicle that is losing significant value the longer you wait. Once the calender says 2011 it will be worth even less. If your buying straight out and not trading then I would agree it makes more sense to wait, but if your trading you may want to work the best deal you can and make the move. Its all about out the door after trade, not just new vehicle price.
#661 of 874 Re: I guess I will wait and see!! [sewellgsm]
Oct 22, 2010 (2:10 pm)
Here is a quote you made on February 6, 2010, about a month AFTER I bought mine.
"$10k off seems to be the going sale price on all QX - regardless of equipment. You may get a few hundred more off a demo or just playing hard ball, but that is where they are selling. And 10k off is assuming all the dealer cash, so no lease or special rates at that price."
Direct from an Infiniti PDF-
2010 QX56 MSRP 56,050
Entertainment Package 1,700
Tech Package 1,150
Tow Package 350
Cargo mat net 95
Total = 59,345
I paid 47,062 (exclusive of tax, tag and title). That was brand new, still in the plastic, with 8 miles on the odometer.
That's 12,283 less than MSRP.
That's a 2,283 difference from "10K".
If I had listened to you, I would have left AT LEAST 2.3K on the table.
That's a good chunk of change.
Luckily, actual buyers posted their REAL prices paid which allowed me to get to that number.
My dealer in my hometown was dealing based on 7K off of MSRP and after extensive negotiation, wouldn't budge more than 9K off of MSRP.
I drove 240 miles and was able to save at least 3.3K from the best deal I was able to get in my hometown. And remember, I bought mine back in the middle of January 2010, at least a month before you said "10K seems to be the going rate".
The point is that you as the seller are here trying to sell at the highest price possible, while we, the buyers, are trying to buy at the lowest price possible.
As mentioned earlier by another person, you would not be here posting on this forum if your sales were that good. You aren't posting in this forum to make us, the buyers, get the best deal, and you aren't posting here looking out for us buyers.
You are only spreading inaccurate and unnecessary information and rumors with the intent to make us, the buyers, pay more than we should.
#662 of 874 Re: I guess I will wait and see!! [lastchance2]
Oct 22, 2010 (7:14 pm)
You are absolutely right! I don't want to trade in my vehicle as this is for the wife and we'll keep her current one as the extra car (2009 RX350 PBE). If I have to trade in, the out the door price is what matters.
#663 of 874 QX56 owner forum
Oct 23, 2010 (7:46 am)
Guys, which forum do you suggest? I am planning to buy later in the year or early next year but want to read more about the potential problem that the current QX56 owners are facing with. Used Google to search but looks like they are not very active forums. Thanx