G35 Coupe V35 2003 - 07 Discussion about the 1st Generation V35 G35 Coupe

Test drive..

Old Mar 14, 2007 | 04:10 PM
  #16  
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From: Modesto, CA
Originally Posted by mephistomyhero
Try and weigh the difference between a trade and private party sale. Remember, if you trade, you only pay taxes on the difference, if I remember correctly. So assuming 8.25% tax, say you get $22K from the dealer and you got $23.5K from private party and the car 6MT costs you $27K, the tax is $1938.75 for private party and $288.75 (tax on $3500) on the trade-in, and price you get with trade in becomes ($1500 + $288.75 = $1788). So, it costs you more if you sold it private party.
In the great State of California? you are paying sales tax on the entire purchase amount, not on the difference.
 
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Old Mar 14, 2007 | 04:43 PM
  #17  
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From: Torrance, California
Originally Posted by limeg35
In the great State of California? you are paying sales tax on the entire purchase amount, not on the difference.
Right...

Currently California, the District of Columbia, Hawaii, Maryland, Michigan allow no deductions for trade-ins when calculating sales tax. In addition, Alaska, Delaware, Montana, New Hampshire, and Oregon have no sales tax on autos.

I was only using my (Cali) sales tax as an example. Don't know where the OP is from. I forgot to mentioned that
 
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Old Mar 15, 2007 | 09:47 AM
  #18  
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well thx for the advice guys i already got it down to just 5,000 difference easy thats why i think i can get it even lower..... this guy is a young guy he's 22 so if i pressure him i think he might do it lol. I searched on kbb.com and they priced my car at around 24-25,000. He said he did a quick search where the all the dealerships in the area put a bid on my car and it came up to 20,500 for my car and i think thats total bull****. Anyways i'm going up there today to try to deal with him i will keep you guys updated on this..... i know i shouldn't get to excited but that DG 6spd makes me wanna scream!.

Oh yeah i am also located in kansas, Missouri.....
 

Last edited by Is_the_G_in_you; Mar 15, 2007 at 09:58 AM.
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Old Mar 15, 2007 | 09:59 AM
  #19  
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Just sell it on your own, your car has low miles it will sell really fast, and you will make more on it
 
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Old Mar 15, 2007 | 10:13 AM
  #20  
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well what they don't know is my suspension is going bad and so are my brakes... and my back bumper is damaged..... so i think its a good trade in.
 
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Old Mar 15, 2007 | 12:15 PM
  #21  
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Is the KBB value the fair trade-in value or private party? The dealership will always lowball because they will have to spend money and time to recondition your car as well as suffer the depreciation on it. It's not like they will turn around and sell it right off the bat after you turn it in.

Don't forget to factor the 10% for tax and registration on the "new" car.
 
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Old Mar 15, 2007 | 04:39 PM
  #22  
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i think u should make him pay u, because its easier to sell an auto vs mt in the long run with people looking for cars, but if u can bargain him down because of mileage then try that but u definitley should not pay 7k diff, that is rediculous, but gl
 
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Old Mar 15, 2007 | 05:37 PM
  #23  
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Originally Posted by Is_the_G_in_you
well what they don't know is my suspension is going bad and so are my brakes... and my back bumper is damaged..... so i think its a good trade in.
So they have not seen your car then?
 
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Old Mar 15, 2007 | 05:46 PM
  #24  
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Originally Posted by patrickwong
Carmax was giving me $20k for my 58k miles 04 Auto Coupe.

So, yeah, you are getting a low quote.
When did you get that quote?
 
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Old Mar 15, 2007 | 05:50 PM
  #25  
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Originally Posted by Is_the_G_in_you
well what they don't know is my suspension is going bad and so are my brakes... and my back bumper is damaged..... so i think its a good trade in.
Why would you admit that, even here? You never know who looks at this site. Can you imagine? You go in to talk to him and he looks at your bumper and has the service guys look at your suspension. LOL Its like the people that admit they committed insurance fraud on the internet. Doh!
 
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Old Mar 15, 2007 | 08:36 PM
  #26  
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I might be the only one in missouri that goes onto this site....lol but i don't know.... the deal is pretty much set... let you guys know soon.....i my SHI* straight and we are doing a combo deal with a RSX type S.
 

Last edited by Is_the_G_in_you; Mar 16, 2007 at 07:37 PM.
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