Just to clarify, I had negociated a deal on an 08 Sedan base for a lease, I was not able to go below 450/month. Not a good deal at all considering I financed an 08 Sedan with Sport and Premium for 550/month, the 100 dollars difference is well worth it!!!

 

yes my 32600 included the $4000 off. This deal is in NY. Matter of fact i picked up the car today without any issues. they gave the $719 in hold back and also another 400 off or so.

It definately is a buyers market right now, especially if you have the cash. I was trying to get 32k but they told me no thnx and we later agreed to 32600

 

by the way name of the dealership is infiniti of manhasset in ny. Ask for salesperson george he was a nice guy.

 

Hi guys,

All you guys are saying 4000 - 5000 under invoice price. The invoice price for 2008 Journey Sedan is $30,891 according to KBB.Com. Does that mean the new car price is around 26,500 + Tax + Misc. But, I also saw people saying they paid 32000 something.

Could somebody please clarify?

 

That may very well be true but I am looking at a 08 G35X with Sport, Nav and Premium packages which I was told was an invoice of $38136 or so.

 

A local Chicago dealer has 08's for 8500 under sticker, I suspect you could do better. Problem is the regional dealers are loaded with X's, not many RWD's. There are a ton of 09's sitting in holding yards in So Calif, dealers and Infinity agreed to hold them off until Jan to allow clean out of 08's. 2 local non-Infinity old dealers just closed this week, GM 45% lower sales Oct 08 vs 07. It's grim for these dealers, I don't envy their position but think on Jan 2 a buyer with cash will be able to pick up an X msrp of 40 for 28.5 unless Infinity removes incentive money, then the dealers will just die with them.

 

more speculatory guesses as usual.

Guys, please disregard coveredbridge's statements.

 

An Infinity Dealer is advertising in the Chicago Tribune this past Saturday g35 coupes at 7k off sticker, sedans at 8k off and ex35's at 8.5k off with specific stock #'s avail for review of content on the web. If the Chicago area dealers do not sell the hundreds of G's and hundreds of Ex's in stock in the next 60 days, does Mike think they will be more or less in Jan? 2 local large domestic car dealers just shut doors in past 10 days here. Infinity sales are way down here. Let's all ask Mike to make a 50 mile drive to where Infinity is holding huge numbers of 09 G37 Sedans and Coupes in large storage lots in a desperate effort to hold an umbrella over the unprecedented inventory of old stock 08's. I said 2 months ago, when Jan comes and pricing reflects the reality of holding new 08's on the lots when 2010's are 9 months away, I may be a buyer. Who's comments do you chose to disregard?

 

+1

The question becomes how long can you wait though. Some need a car sooner then later. I bought September 24th. If I had bought now I could have saved more then the $1k extra offered between now and then because dealers in the DC area are DESPERRATE. I have a friend I am negotiating an M45 for over the phone. His lease expires in 6 weeks but he's already slightly over the mileage. There are 6 Infiniti dealers I am dealing with and they are all desperate for business. It will only get worse come December/January.

P.S.
I have a friend at Hersons Honda (Rockville, MD) and another at Darcars Toyota (also in Rockville, MD) and both said that Honda and Toyota dealers are feeling the pinch even with the migration of buyers away from SUVs to smaller cars.

December/January will only bring bigger discounts. Just remember though that the cars lose there value over time even if not driven.

 

coveredbridge's statements are not too far out of line. With the inventory that Infiniti dealers on the East Coast have left and the impending winter season, we'll probably see even greater discounts.

08 G35X Premium for under $30,000 brand new is not out of the question by December or January.

 

I called a dealership in Cleveland, oh and they told me the best they can do for a G35X is $30,000 without .9% APR. This is non-premium though.

 

Its InfinitI!!!!!!!!!!!!!!!!!!!!!!!!tool.

 

For anyone trying to sell a house, the market will tell you what they are willing to pay and you won't be happy. It's cyclical, that's just the way it is today. Try to buy a Nissan GTR for the window sticker. Won't happen, too few cars, too many buyers. Supply/Demand. Most car makers and dealers face this today, it's not good or bad, just the way it is. A friend just bought an 09 $40,350 sticker Caddy CTS with arguably more content than an 08 G35 prem for 29,800, the product of sharp dealer discounts and a combination of GM incentives. Different cars? Sure, would I buy one? Probably not. But it's illustrative of what's going on this marketplace. And it's not a leftover 08. This is most backed-up, slowest car sales period in a generation so make your deal because in 5 years it will be sharply different.

 

coveredbrdige.. it's "INFINITI!!

 

Yeah GM is hurting like hell right now, they are probably pretty much selling these cars at cost or close. I wonder what would happen if they had to go BK, how low would they sell the stuff...