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Prices Paid: Buying & Leasing Experiences Infiniti M35 / M45 Prices Paid and Buying Experience
1131 messages, Last post on Nov 08, 2009 at 6:01 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: alvinmathew88 (Dec 22, 2008 6:21 pm) It's soo nice seeing the helped becoming the helping.  Tennnnn, Alvin is right. Go to a blue book website, and run the retail/wholesale/private party value calculators with the stats of the vehicle in question. I would rub it in the dealer's face that the manager probably can't afford the gas in this vehicle as it drinks gas like it's going out of fashion and the dealerships can't afford to run these vehicles! LOL. I would go so far as to ask what the manager is driving RIGHT NOW.  If it's a smaller, more economical car, then you know times are getting tougher for the dealer. I know, I know...it sounds arrogant, but sometimes you just have to be - especially when you are holding the money and they are holding the "rapidly-depreciating asset".
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Replying to: alvinmathew88 (Dec 22, 2008 6:21 pm)  excellent condition. It might vary due to location, but not by much. You should try and work it around number or be close to it. I just saved you 8k.. The dealer would just make pure profit off you with 40k driveout price, and they know the car is depreciating in value for every mile on that car, but why should you have to pay for their depreciation. I say stick it to them!
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Replying to: tennnnn (Dec 22, 2008 4:26 pm)
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Replying to: chacko22 (Dec 23, 2008 11:53 am)
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Replying to: ocim (Dec 23, 2008 7:01 pm) |
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Wow, my local dealer says his best offer is $43+, including TTL and other fees. It's nice to have competition.
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Replying to: gator5000e (Dec 23, 2008 9:00 pm) http://thenewcartool.com/ This is a good calculator to see what price you should be paying, similar to TMV, but slightly lower. I think 500 to $1k over that price is generally acceptable. Holdback on infinitis are 1%, and current rebates are 6000 and market support is 1500. |
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Here is the breakdown off the work sheet I was given: 2008 M35 Retail Value $48,335.00 Savings $8,348.00 Rebate 0.00 Adjusted Sale Price $39,987.00 Admin Fees $499.00 Sales Sub Total $40,486 Tax $2,454.16 Tire, Batt, Lemon $8.89 Tag Fee $224.00 Net Sales Price $43,173.05 Vehicle Configuration Auto Nav Tech Package $3,350 Splash Guards $105 Freight $815 This is from the same guy who tells me that they have NO room to move off the national lease deal. It's a take it or leave it deal as set forth on the web site. I appreciate your thoughts.
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Replying to: gator5000e (Dec 24, 2008 7:15 am) Those admin fees are just pure profit... sure they deserve something there but not $500 worth! Leave it... and I'm sure those admin fees will get on a post-xmas diet real quick.
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I am considering purchasing a used 2008 M35X with Tech Package and Advanced Tech Packages from a Lexus dealer in Maryland. The car has only 5K on the odometer. The dealer asking price was originally $39.5K and has recently dropped the price down to 37.5K. I thought that this was a good deal until I checked Kelly Blue book prices. KBB retail value for the car is $33,315, the trade in value is $28,075 and private party value is $30,515. According to KBB, the retail value is generally the starting point for negotiation between a consumer and a dealer. I'd appreciate some thoughts as to what my target purchase price should be. I feel if I offer something below the $33K the dealer may think that I am not a serious customer. I am wondering if KBB may have a mistake in their numbers. I mean this is a roughly 53K car. How could it have lost this much value in such a short time period. By contrast, the NADA retail value seems to be quite a bit higher at $37,625. Although, I believe the last time I traded in a car the dealer used the KBB values. Does anybody know the difference between these two valuation sources? I know there are a lot of folks out there with good negotiation skills so I would appreciate any advice anyone wants to offer. Also, can a certified Infiniti be sold by a dealer other than Infiniti? Thx
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