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Infiniti EX35 Prices Paid and Buying Experience

169 messages,  Last post on Jul 24, 2008 at 1:28 AM

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What is this discussion about? Infiniti EX35, Car Leasing, Car Buying, SUV


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#81 of 169
Re: Is this a good deal? [palleg33] by palleg33
Mar 28, 2008 (8:00 pm)
Reply

Replying to: palleg33 (Mar 28, 2008 7:42 pm)

By the way,
 
The deal above included 585.00 in Inception Fees which I sort of understand but also a 595.00 Assignment Fee ???
 
And they charged me 9% tax in PA which I thought was 6%.
 
Any help is much appreciated
#82 of 169
My Residual Amount by waltaz
Mar 29, 2008 (10:38 am)
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Replying to: socallimey (Mar 28, 2008 12:51 pm)

Yes, I believe they made a mistake. I am well aware of the IFS residual factors and had done lots of research and numerous calculation. When we agreed on the price and they wrote up the deal, they had the 67% residual as a starting point, then took off $600 for my extra 3K miles/year (I went with 18K/year). I didn't say anything, and it was written up and went through Finance as such.
 
The difference to me is just over $100/month from getting the higher residual. I'll take it.
#83 of 169
Another EX by jmess
Mar 30, 2008 (6:11 pm)
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Picked up a loaded 2wd yesterday with a purchase price that was 1500 under the Edmunds invoice price. I had a trade so there was probably a little more upside for them. The whole transaction was very pleasant and smooth. The salesrep spent two hours with me going over how to operate all the systems the car comes with. I really didn't want the Tech package but I have already started to appreciate the around view monitor.
#84 of 169
Re: Another EX [jmess] by inteller
Mar 31, 2008 (5:32 am)
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Replying to: jmess (Mar 30, 2008 6:11 pm)

SO that means you had the Premium and Nav packages...did you have Lux Style or elite? Wood trim? Trying to arrive at the invoice price you said you were under. I was getting ready to ask them invoice but if you are going under that then I may ask for lower.
#85 of 169
Re: Another EX [inteller] by waltaz
Mar 31, 2008 (8:29 am)
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Replying to: inteller (Mar 31, 2008 5:32 am)

Inteller, if your deal is for March (today), and you are:
A. Buying - target $2k UNDER invoice due to the $2K dealer cash back (on purchases only), or
B. Leasing - target invoice and go for that 24-month lease money factor; make sure it's .00025
 
Invoice meaning the price with all the options that are on the vehicle, including destination, and excluding any dealer add-ons like tint, paint protection, wheel locks, etc. Simply tell them you won't pay for the add-ons/add-on package and expect it included at no cost. That should not be a problem.
 
If you're not going to do the deal today, wait to see what the April deals/incentives will be, and wait 'til later in the month.
#86 of 169
Time Constrained Buyer - SoCal Cash Purchase Experience by stickman44
Mar 31, 2008 (10:55 am)
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Since this and other Edmunds forums armed us with knowledge that was of assistance in our deal - thought I’d share the details so that others may benefit, particularly those who are insistent on very specific colors/options, as we were. I think the approach below might also help those with an aversion to spending large amounts of time and angst in trying to wring out the ultimate deal. Our (inflexible) preferences were for the ESX 35 Journey TWD, white with wheat and wood, with ALL the major options (premium, nav, tech, lux style, roof rack, splash guards, cargo protector = MSRP $44K w/ invoice $40K). This specific combination likely reduced our bargaining power, which we were willing to accept, PLUS the only vehicle with these particulars was located at another dealer 100+ miles away. Further, we expected the car to be delivered to our residence. San Diego, CA location.
1. Spent about 2 hours with the agent test driving a demo vehicle, most of which was her presentation of it’s feature and functions; even though this was a large time commitment, it eliminated our need for additional training, and I suspect the “collegial atmosphere” during this demonstration helped our credibility when it came to time to set a selling price? Probably didn’t hurt that the dealership wasn’t busy at the time (Monday - could afford to allocate a large block of time).
2. Agreeing on a selling price took only about ten minutes with our negotiations as follows.
3. We started by presenting our offer to the “sales manager” (through the agent) of invoice minus $2,000, explaining that our original intentions were to purchase through the internet (Costco, etc.) and that we had not planned on a traditional “barter” style purchase, but would consider a direct offer.
4. We explained that we were NOT going to engage in back and forth price haggling, thus their offer needed to be best and final. We stated that we were aware of what similar or identically equipped EX 35’s were selling for (via these and other forums), that we knew about the March $2K dealer incentive and exceptional IFS 24 mos. lease offers, and that the EX 35 was not hitting Infiniti’s sales US sales expectations for January and February.
5. We stated that we had not decided on a financing option.
6. After about 5 minutes the agent returned and asked us whether we were going to lease or pay cash, at which point we re-worded our financing position to state that we were capable of either option and that we simply wanted their best offer.
7. After five more minutes the agent returned with their asking price of $500 below invoice ($39.5K cash), which we accepted.
8. We then completed the purchase paperwork, paid for registration, taxes, etc. by personal check ($3.4K), and will electronically transfer the balance ($39.5K) to them later today (March 31).
9. Car to be delivered to our residence April 1 (hopefully not an ominous delivery date!)
#87 of 169
Re: Another EX [inteller] by jmess
Mar 31, 2008 (11:05 am)
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Replying to: inteller (Mar 31, 2008 5:32 am)

2wd,preimium, nav, lux style, tech, splash guards, cargo protector, two sets of mats (carpet and rubber), wheel locks = sell price 38160 (no title or sales tax).
#88 of 169
Re: Time Constrained Buyer - SoCal Cash Purchase Experience [stickman44] by waltaz
Mar 31, 2008 (11:56 am)
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Replying to: stickman44 (Mar 31, 2008 10:55 am)

Sounds good, but it strikes me that if you purchased, you should have got $1500-2000 below invoice for a purchase price (invoice minus $1500-2000 of the dealer cash), not just $500.
 
But in any event, if you feel it was a good deal, so be it. That's what's important. I know I could have done slightly better with mine, but I thought it was fair and I was happy.
#89 of 169
doubtful by inteller
Apr 01, 2008 (5:38 am)
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i don't think you'll see $2k under invoice until towards the end of the year.
#90 of 169
Re: Time Constrained Buyer - SoCal Cash Purchase Experience [waltaz] by stickman44
Apr 01, 2008 (10:14 am)
Reply

Replying to: waltaz (Mar 31, 2008 11:56 am)

Agreed that $2K under invoice makes bottom-line sense, but we were happy with $0.5K under invoice given our need to have the dealer do an exchange with another to get our specific option/colors + home delivery, AND (big AND here) the segment market where we made the purchase (coastal San Diego). Methinks bottom-line purchasing is a little tougher at dealerships that cater to a more affluent populace. Not intending to be haughty, but one would expect identical vehicles to sell at a higher price from a Beverly Hills dealer than one in Bakersfield, for example - even if inventory size would suggest otherwise.

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