After a year I sold the G35 Coupe
Why is the G35 resale value so low?
Dealers are offering $28k for a 2004 6MT with 10k miles. I thought this car had strong resale value. I ended up selling for a decent amount by selling it to a private party, but it was still under KBB.
Last edited by riotgear; Feb 5, 2005 at 02:05 AM.
Originally Posted by riotgear
Dealers are offering $28k for a 2004 6MT with 10k miles. I thought this car had strong resale value. I ended up selling for a decent amount by selling it to a private party, but it was still under KBB.
So how much did you get and what was the KBB for your model/options?
Originally Posted by riotgear
Dealers are offering $28k for a 2004 6MT with 10k miles. I thought this car had strong resale value. I ended up selling for a decent amount by selling it to a private party, but it was still under KBB.
I personally do not know about KBB? I price a used car with three values, KBB, Edmunds and NADA to come up with an average.
$28K for an 04 6MT is REALLY cheap and VERY much under "trade in" value ofr any of the appraisal guys? You also have to consider the market you are in? I know in So Cal, 6mt's hold value very well, not sure about other areas of the country? What options did it have, the options, especially Nav seems to spike the value quite a bit!
I think the resale use to be good regarding the coupe and sedan. It still is compared to other cars, but keep in mind that there are MANY infiniti's on the road. Look at all of the coupes for sale on ebay alone with low miles on them. I remember when i had my coupe, and was looking at an R32, the dealer was really a d*ck and said that many people were trying to get rid of their coupes so i had little bargaining power! Don't know why that is though!
I noticed the G35 Coupe is saturated on eBay. I had every option including NAV. I sold the car in Southern California and got the same quotes in both Northern and Southern California. I wonder why so many people are ditching the G35, it is a nice car.
I replaced the G with a 2005 911.
I replaced the G with a 2005 911.
Last edited by riotgear; Feb 5, 2005 at 01:39 PM.
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It is the dealer's job to offer you the least amount of money for your car. They'll buy your coupe for $28k and then sell it for $34k. Then they'll knock off $1k to make the next person think they are getting a good deal. You have to understand the nature of the beast. Private sale is the way to go. I imagine that the G35 is no more satured in the market than any other car. I have seen numerous sources that said the G35 is among the highest in resale value. A greedy dealership is not an indication of the car's true resale. The market plays significantly on a car's value. For instance, they are hard to find and priced pretty high where I am.
Deang35, I understand that... it's common sense in car buying and selling. However, even private party sales are pretty low. The salesperson at the dealership was speculating that hit Infiniti's are soft on the used car market because of the low interest rates and incentives being provided on new cars.
Originally Posted by riotgear
Deang35, I understand that... it's common sense in car buying and selling. However, even private party sales are pretty low. The salesperson at the dealership was speculating that hit Infiniti's are soft on the used car market because of the low interest rates and incentives being provided on new cars.
Then it's directly market-based. The G35 Coupe with its rear wheel drive and summer tires probably sells better in California than here near Chicago. I commute an hour to work everyday and I rarely see another coupe on the road.
dont feel bad. i traded my 04 6mt for the 05 6 mt. dealer gave my $27,000 for it. $37,000 for the 05. a dif of 10k. i financed for 3yrs w/ a balloon payment of $22,500 (which im not going to pay-because i will be buying a new one).
so my mo payment is only $113. dealer is mailing my a $9000 check ( 27k - 18k). the 18k is what he put towards the new 05. total financed is 22k for 3yrs.
confusing right? i know. all in all, i walk out w/ 9k and a $113/mo payment and at the end of 3yrs, i'll do it all over again with an '08 G35.
so my mo payment is only $113. dealer is mailing my a $9000 check ( 27k - 18k). the 18k is what he put towards the new 05. total financed is 22k for 3yrs.
confusing right? i know. all in all, i walk out w/ 9k and a $113/mo payment and at the end of 3yrs, i'll do it all over again with an '08 G35.
Originally Posted by fastedy1
dont feel bad. i traded my 04 6mt for the 05 6 mt. dealer gave my $27,000 for it. $37,000 for the 05. a dif of 10k. i financed for 3yrs w/ a balloon payment of $22,500 (which im not going to pay-because i will be buying a new one).
so my mo payment is only $113. dealer is mailing my a $9000 check ( 27k - 18k). the 18k is what he put towards the new 05. total financed is 22k for 3yrs.
confusing right? i know. all in all, i walk out w/ 9k and a $113/mo payment and at the end of 3yrs, i'll do it all over again with an '08 G35.
so my mo payment is only $113. dealer is mailing my a $9000 check ( 27k - 18k). the 18k is what he put towards the new 05. total financed is 22k for 3yrs.
confusing right? i know. all in all, i walk out w/ 9k and a $113/mo payment and at the end of 3yrs, i'll do it all over again with an '08 G35.
Originally Posted by fastedy1
dont feel bad. i traded my 04 6mt for the 05 6 mt. dealer gave my $27,000 for it. $37,000 for the 05. a dif of 10k. i financed for 3yrs w/ a balloon payment of $22,500 (which im not going to pay-because i will be buying a new one).
so my mo payment is only $113. dealer is mailing my a $9000 check ( 27k - 18k). the 18k is what he put towards the new 05. total financed is 22k for 3yrs.
confusing right? i know. all in all, i walk out w/ 9k and a $113/mo payment and at the end of 3yrs, i'll do it all over again with an '08 G35.
so my mo payment is only $113. dealer is mailing my a $9000 check ( 27k - 18k). the 18k is what he put towards the new 05. total financed is 22k for 3yrs.
confusing right? i know. all in all, i walk out w/ 9k and a $113/mo payment and at the end of 3yrs, i'll do it all over again with an '08 G35.
Why lose $10k and get pretty much the same car?
good question. i considerd it a learning experience. to 'buy' this car for a 60mo term will cost on avg about $55,000 for anyone. at the end of 5yrs, your stuck with a car that you might get 15k on a private sale for.
buying with a balloon payment allows you to wash your hands at the end of 3yrs and walk out (like a lease,only with smaller payments) or finance the bal and drive the same car.
what i've learned over the years is that eventually, you will have to put more money into the car as it gets older ( i think we all really know this).
if your budget and salary will allow, this is the best way to go. in the mean time, i'll be waxing my baby (for the next 3yrs) tommorow.
buying with a balloon payment allows you to wash your hands at the end of 3yrs and walk out (like a lease,only with smaller payments) or finance the bal and drive the same car.
what i've learned over the years is that eventually, you will have to put more money into the car as it gets older ( i think we all really know this).
if your budget and salary will allow, this is the best way to go. in the mean time, i'll be waxing my baby (for the next 3yrs) tommorow.


