G35Driver - Infiniti G35 & G37 Forum Discussion

G35Driver - Infiniti G35 & G37 Forum Discussion (https://g35driver.com/forums/)
-   Buying, Selling & Leasing Discussion (https://g35driver.com/forums/buying-selling-leasing-discussion-147/)
-   -   How long after G37 release will we see price drops on early model G35 coupe's ? (https://g35driver.com/forums/buying-selling-leasing-discussion/176995-how-long-after-g37-release-will-we-see-price-drops-early-model-g35-coupes.html)

SPCK Sep 10, 2007 03:33 PM

How long after G37 release will we see price drops on early model G35 coupe's ?
 
I'm new to the site. Loved the G for several years. Now I'm actually ready to purchase one but I'm told that the early G35 models should drop in price considerably when the G37 is released. Is it too early to tell, or is the price just not going to drop ? KBB doesn't seem to show any difference in price.

Anyone have any ideas or knowledge to share on this ?

illlojik Sep 10, 2007 03:39 PM

I'm in the same boat. Currently shopping around for a coupe. :)

fecurtis Sep 10, 2007 03:54 PM

x2, if you want to buy a G35 coupe, get one now. Many dealers will be wanting to get the '06's off the lots once they can handle a steady supply of G37s, but for now they aren't keeping them in showrooms for very long, especially since so many delivered to dealers are sold as pre-orders.

SPCK Sep 10, 2007 03:56 PM

I'm actually looking for an 03 in Ivory Pearl. But I understand where you guys are coming from. I just didn't want to go out and buy, and happen to find out that the prices had dropped after making my purchase.

SPCK Sep 10, 2007 04:07 PM

I'm comfortable with current prices. I just didn't to want to experience price drops after a purchase again. I've had it happen plenty of times with other products. Thanks again for the input guys/gals.

limeg35 Sep 10, 2007 11:34 PM

Quote:

Originally Posted by SPCK
I'm new to the site. Loved the G for several years. Now I'm actually ready to purchase one but I'm told that the early G35 models should drop in price considerably when the G37 is released. Is it too early to tell, or is the price just not going to drop ? KBB doesn't seem to show any difference in price.

Anyone have any ideas or knowledge to share on this ?

Why would them? the 03~04's G35 already took bulk of their deprecations, its unlikely they are suddenly going to drop 2k in value next couple of weeks, just cus there is new model on the lot, the demand for them should be same, its not like someone going to cross shop between 20k car and 40k cars.

The 06's will be affected way more than 03~04 G35, you can buy a brand new 07 G35 for 2.5k or more below invoice now, so if you can buy brand new 07 G35 coupe with premium pkg for about 31.5k, why would anyone wants to buy used 06 G35 for similar price? only way for them to sell 06's? is to lower their price big time.

SPCK Sep 11, 2007 12:13 PM

like I said, I am looking for an 03-04 model. And I raised the question on depreciating prices because I'm not familiar with market. I was told the 37 would drop the prices of the older models. So I'm still learning the market. Filanj addressed my issue. So thanks for the input.

mpgxsvcd Sep 11, 2007 02:57 PM

The value of older G35 coupes will drop!
 
I have been tracking the value of my 05 G35 sedan on kbb.com ever since the 07 G35 sedans came out. The drop in value will shock you! Note: this car is an extremely low mileage car. I am over 15,000 miles under my allotment and yet the car is already worth less than the residual with 1 year left on the lease!

Trade in 11-01-06 13K miles
Condition
Excellent $26,325
Good $24,965
Fair $22,450

11-10-06
Excellent $25,125
Good $23,790
Fair $21,420

11-19-06 13,400 Miles
Excellent $24,925
Good $23,565
Fair $21,250

Trade in 12-21-06 14.5K miles
Excellent $24,325
Good $23,015
Fair $20,700

Trade in 1-02-07 and 1-22-07 14.8K and 15.2K miles
Excellent $23,750
Good $22,490
Fair $20,225

Trade in 2-06-07 15.5K miles
Excellent $23,650
Good $22,390
Fair $20,125

Trade in 3-01-07 16.0K miles
Excellent $22,900
Good $21,690
Fair $19,525

Trade in 3-20-07 16.3K miles
Excellent $23,600
Good $22,340
Fair $20,125

Trade in 3-20-07 16.5K miles
Excellent $23,100
Good $21,865
Fair $19,695

Trade in 4-12-07 17.3Kmiles
Excellent $23,600
Good $22,340
Fair $20,125

Trade in 5-08-07 18.0Kmiles
Excellent $23,025
Good $21,765
Fair $19,600

Trade in 5-31-07 18.3Kmiles
Excellent $22,125
Good $20,915
Fair $18,850

Trade in 6-12-07 18.6Kmiles
Excellent $22,525
Good $21,315
Fair $19,150

Trade in 7-12-07 19.5Kmiles
Excellent $23,550
Good $22,290
Fair $20,025

Trade in 7-31-07 20.8Kmiles
Excellent $22,650
Good $21,445
Fair $19,300

Trade in 7-31-07 21 Kmiles
Excellent $22,575
Good $21,340
Fair $19,225

rockd Sep 11, 2007 03:04 PM

here's what i foresee happening -
as soon as the value of older g35 coupes drop below 20k (a sweet spot for many used car buyers, imo), the demand for those coupes will suddenly spike. this spike in demand will push prices back up a bit... the overall effect being a MODEST reduction in g35 values.

RBull Sep 12, 2007 12:39 PM

Quote:

Originally Posted by SPCK
like I said, I am looking for an 03-04 model. And I raised the question on depreciating prices because I'm not familiar with market. I was told the 37 would drop the prices of the older models. So I'm still learning the market. Filanj addressed my issue. So thanks for the input.

G/L with the purchase. A new model most always has some impact on a previous generation albeit not a lot immediately especially on a relatively low number desirable car. Depreciation tends to be pretty linear. Prices drop a little extra when cars enter 6-7 years of age when banks won't finance a used car. On a more expensive car that tends to hurt them a bit more.

When I bought mine in 2004 the G Coupe was predicted to be in the top 10 list for highest future (5 year) resale value. #1 in the luxury coupe category- Kelly Blue Book

jm1fd Sep 17, 2007 11:57 PM

Quote:

Originally Posted by limeg35
The 06's will be affected way more than 03~04 G35, you can buy a brand new 07 G35 for 2.5k or more below invoice now

Do tell...which dealers are discounting them that much? I need to give them a call.

limeg35 Sep 18, 2007 12:56 AM

Quote:

Originally Posted by jm1fd
Do tell...which dealers are discounting them that much? I need to give them a call.

At a dealership nears you, If you had bother to read few posts in first couple of pages in this section? you would've know that you "could" get a coupe for about 4~600 below invoice in last couple of months, and this month there is $2000 Manufacturer to Dealer marketing support, so 2.5k below invoice isnt all that hard to come by, if anything? it should be even lower now.

To add -- There is also an $1000 rebate offer to customers who currently own or lease an Infiniti vehicle. Offer is good towards the purchase or lease of eligible vehicles, and you dont have to trade the old one in to get that rebate!


https://g35driver.com/forums/showpos...3&postcount=16

https://g35driver.com/forums/showpos...6&postcount=16

https://g35driver.com/forums/showpos...43&postcount=3


One dealership's newspaper ad from 7 weeks ago...

https://g35driver.com/forums/buying-selling-leasing-discussion/169846-how-get-deal-07-g35.html


Discussion about the 07 Coupe's pricing two months ago...

https://g35driver.com/forums/buying-selling-leasing-discussion/166391-pricing-new-2007-coupe.html

jm1fd Sep 18, 2007 11:21 AM

Quote:

Originally Posted by limeg35
At a dealership nears you, If you had bother to read few posts in first couple of pages in this section?

Thanks for the attitude! :biggthumpup:

limeg35 Sep 18, 2007 03:00 PM

Quote:

Originally Posted by jm1fd
Thanks for the attitude! :biggthumpup:

Well, you want me to tell you which dealership right? like I fcuking know where you freaking live, if you dint like it? dont ask, search it yourself...:rolleyes:


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