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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: 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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Replying to: ocim (Jan 01, 2009 8:52 pm) All cars lose a significant amount when you drive them out the door....so sometimes buying a recent used car is a good deal. I would be wary of this one though....check the carfax (don't take the dealer's word on damage). Ask the dealer what the trade in value is of an 08 M35x...have them check their computer and bring you the printed output. They do not use either of these, most use a system tied to the auto auctions directly. Then offer them about $500 more than that price. You'll be much closer to $28 than you will be to $37.5. A week ago, I checked a trade in, the dealer told me that KBB and Edmunds trade in values were way high.....and I was trying to trade an 06 Honda Accord VV6 in perfect condition. Based on that, I would guess that the real trade in price for the M35x will be closer to $26K. Good luck.
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Replying to: ghstudio (Jan 01, 2009 10:31 pm) Unfortunately what the dealer sells a previously-owned car for is almost always priced to close as used-retail, whereas (in your case, the Honda) they will low ball the heck out of it at the lowest of wholesale values. ocim, You can definitely go lower on the price of the high 30's on a "used" M35x.
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