too expensive?
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Originally Posted by brianyun
2003 laser red infiniti g35. no navi. sports packege. 6 speed. black interior. 33,000 miles.
25,000 dollars. w/o taxes
was it a good deal?
25,000 dollars. w/o taxes
was it a good deal?
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#8
If you're dealing with a dealer, check with the NADA blue book, and print it out. NADA BB values are WAY low compared to both KBB and Edmonds. Tell' em that your bank uses that quote for the value of the car to determin the loan rates.
The point is that the NADA value will likley be a little lower than that price. What this means is that they can't say that their price is a bargain, and that (theoretically) you can go ANYWHERE and get the car for that price. Use it as a bargaining chip.
Try for $25,000k out the door & see what they say. Or NADA value (assuming it's lower)+tax, and they throw in the FULL elite extended warranty for free.
If the car is priced at $25k they already have room in the price for BOTH bargaining and profit. I bet they bought the car for less than $23k. That would be 2k profit. If they drop the price by say $250 and give you that warranty in there for free (not a dealer warranty, the real infiniti warranty), they are still making a $1000 profit on the car. It's not unreasonable.
In the private party market that price would be closer to the top-end for that car, but also not unreasonable.
I am buying mine this week (fingers crossed) that is very similar. '03, 28k miles, premium +Aero, LR/Tan leather. The car needs some cleaning, but was otherwise well taken care of. Very clean. $23.8k (no tax cause it's a private sale)
Brain21
The point is that the NADA value will likley be a little lower than that price. What this means is that they can't say that their price is a bargain, and that (theoretically) you can go ANYWHERE and get the car for that price. Use it as a bargaining chip.
Try for $25,000k out the door & see what they say. Or NADA value (assuming it's lower)+tax, and they throw in the FULL elite extended warranty for free.
If the car is priced at $25k they already have room in the price for BOTH bargaining and profit. I bet they bought the car for less than $23k. That would be 2k profit. If they drop the price by say $250 and give you that warranty in there for free (not a dealer warranty, the real infiniti warranty), they are still making a $1000 profit on the car. It's not unreasonable.
In the private party market that price would be closer to the top-end for that car, but also not unreasonable.
I am buying mine this week (fingers crossed) that is very similar. '03, 28k miles, premium +Aero, LR/Tan leather. The car needs some cleaning, but was otherwise well taken care of. Very clean. $23.8k (no tax cause it's a private sale)
Brain21
Last edited by brain21; 10-01-2006 at 02:24 AM. Reason: typos
#10
Are you sure about the no taxes? In my state they collect the tax when you get the tag. Just bought a $25K Navigator in TX. No tax at the sale, but I had to pay the 5% tax when I got the tag in MS. Nothing I wasn't expecting, just a heads up to the first poster so he isn't mis-lead into thinking all private sales are tax free.
However, there are some states that have 0% used car sales tax, which just freakin rocks. I think all states should do this to encourage used car sales.
However, there are some states that have 0% used car sales tax, which just freakin rocks. I think all states should do this to encourage used car sales.
Originally Posted by brain21
I am buying mine this week (fingers crossed) that is very similar. '03, 28k miles, premium +Aero, LR/Tan leather. The car needs some cleaning, but was otherwise well taken care of. Very clean. $23.8k (no tax cause it's a private sale)
Brain21
Brain21
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