Sup fellas, new to the board & I'm interested in the 05 G35 coupe. I'm not sure if there is a segment where these types of questions are asked, so I thought I'd just ask here.

I want to purchase a blk/blk 05 coupe with OEM Navigation & Aero package. When I built it on the Infinit.com website, the total came out to be $39,760.

Being a college student/business owner my question is, what is a reasonable price that I should try to get my local dealership to sell me the car at. Lastly, how much would you guys recommened to put down, so when I finance the vehicle, it isn't toooo much per month.

Thanks...

 

First question would be is it a 6mt or an Auto? That'll help a lot as far as pricing is concerned.

 

Secondly, what is a good monthly payment for you? When purchasing any car or truck there is a rule of thumb. For every $1000 finance it equals anywhere from $18 to $28 in your payment depending on credit and type of car being purchased. With that said the third question would be since you have your own business why don't you lease instead of purchasing? You can claim at least 80% of that on your business. Like they said purchase something that appriciates in value like a house. Lease something that depreciates in value like a car, but then again that is just my opinion. Goodluck on your purchase you will have fun just like the rest of us on this board.

 

Many are reporting that some areas of the country are more difficult to get a decent price than other areas. I think that you need to be careful in accepting these reports as gospel. In other words, if people try to get a "good" price on their new car and are not successful there may be a tendancy to blame that on the area they are in - rather than other reasons.

I live in the Washington, DC, area and when we ordered my wife's CPE 6MT in January there were reports that dealers in that area wouldn't "deal" or wouldn't deal on MT's. This was not the case in my experience - in less than ten minutes on the phone we had our car for $500 over invoice and others have reported similar experiences. The price we got would apply for either an 6MT or a 5AT.

YMMV.

 

Sorry fellas, should've given you more information. Yes, this would be the 5AT setup. As for the monthly payments, I guess nothing over $600/mth. I hope I'm not being too unrealistic here.

As for location, if it helps I live in Atlanta, GA - so I'm hoping you guys may have heard some good stories about the local Atlanta, GA dealership here.

 

I also live in Atlanta.
I bought my 2004 6MT coupe in Oct 2003 from Gwinnett Infiniti (infinitiofgwinnett.com)
They had the one I wanted on the lot. (Silver 6MT coupe, premium pkg, everything 'cept nav)
My credit is the best they've ever seen, so they beat everyone elses interest rate, even the credit unions, etc, at 3.4%.
I went back and forth with the salesman, and ended up with $34600 "out the door", meaning all taxes, fees, charges, price of car is included in that $34600. That means the price of the car alone was about <$32K
I negotiate ONLY on "out the door" price = no suprises. They will be glad to fill in the numbers retroactively.

"Pay Yourself First"
All that being said, I am 35 years old, and this is my first new car. I've always bought preowned from private party (2 years used). The car loses most of its value in the first two years (most of it in the first year). I always bought cars 2 years old, with 3 years left on the warranty (usually), and kept the car for 10 years. Not having a car payment is an awesome feeling.

For someone just out of college, I highly recommend a "lesser" car, perhaps used. Make sure to max out any 401(k) contribution, max out a ROTH IRA, invest in stocks/bonds/real estate, and keep 3-4 months worth of expenses in cash just in case. Do all this first. If a new car is still in the picture after all that, then go for it.

This is just my personal opinion, and my personal theory.
This is not to be taken as financial advice.
No flames, please.

 

Wow, thanks for the great advice!

 

$500 above MSRP...where do you live? [edit] Guess I should have read the whole thread...

 

For someone just out of college, I highly recommend a "lesser" car, perhaps used. Make sure to max out any 401(k) contribution, max out a ROTH IRA, invest in stocks/bonds/real estate, and keep 3-4 months worth of expenses in cash just in case. Do all this first. If a new car is still in the picture after all that, then go for it.
This is just my personal opinion, and my personal theory.
This is not to be taken as financial advice."

Don't apologize. It sounds like good advice. Cars are nice, but there are other, even more important, things in life.

Overall, I am not a fan of leasing cars (I have done it) unless there are special circumstances.

Good luck with whatever you choose.

 

if G35 coupe is what you're set on, why not get a 2 year old car? Like stated above by Napoleon, very well I must add, cars lose most of their value during the first years. If you're in college and you're making good money, chances are you have no dependents and the govt is taking a good chunk of your money from you. Try to save money, buy a house and use the interest paid on your mortgage for tax purposes. That's what I'm doing/did.

Hooman