G35 Sedan V35 2003-06 Discussion about the 1st Generation V35 G35 Sedan

Thinking about going upside down on the G

Thread Tools
 
Search this Thread
 
Rate Thread
 
  #1  
Old 03-08-2010, 11:34 PM
Antipd32v's Avatar
Registered User
Thread Starter
Join Date: May 2008
Location: SoCal
Posts: 234
Likes: 0
Received 2 Likes on 1 Post
Thinking about going upside down on the G

As I stated in another post I no longer need awd, since then I have been trying to sell my G. I have an offer for 10k (Very low offer, I know) but I have found the car I want. I have the loan together for the (new to me) car. But I am not going to finalize it until I get rid of the G. I am seriously thinking about taking the 10k offer and taking the loss on it. No one wants an X here in socal in one of my sale ads I made a typo (listed as a G35 instead of a G35X) and I got a lot of interest until people found out it was awd. What do you all think? take the loss and get a new ride or hold out keep putting miles on the G until the right buyer comes along? Money wise I am stable and not really sweating the loss but if I can avoid it I would like to. My friends have suggested holding on to the G until it sells for the right price, but if I keep it I am going to keep driving it (more miles less value).... But 10k for the car feels like a slap in the face...


EDIT: COBRA ESQ has already told me to have some ****ing patience (among other good advice and info) while shopping for a cobra but I got the PP seller to drop on price and I am ready to go.
 

Last edited by Antipd32v; 03-08-2010 at 11:47 PM.
  #2  
Old 03-08-2010, 11:40 PM
lox1985's Avatar
Registered User
iTrader: (5)
Join Date: Aug 2009
Posts: 452
Received 3 Likes on 3 Posts
Why don't you find a car in a nearby state where AWD is valuable and trade it in there. Might be higher trade in value but not to many states nearby that need it.
 
  #3  
Old 03-08-2010, 11:44 PM
Antipd32v's Avatar
Registered User
Thread Starter
Join Date: May 2008
Location: SoCal
Posts: 234
Likes: 0
Received 2 Likes on 1 Post
Originally Posted by lox1985
Why don't you find a car in a nearby state where AWD is valuable and trade it in there. Might be higher trade in value but not to many states nearby that need it.
I have thought about that but finding a 03/04 cobra at a dealer is tough and stealerships want way over market value. The one I have already got financing for is private party and is about 20 miles away...
 
  #4  
Old 03-08-2010, 11:46 PM
DaveB's Avatar
Registered User
iTrader: (9)
Join Date: Aug 2003
Location: Kansas City
Posts: 6,573
Likes: 0
Received 72 Likes on 51 Posts
Selling it at a loss is a poor financial decision. I'd wait. What's the rush? How long have you been trying to sell your G?
 
  #5  
Old 03-09-2010, 12:04 AM
Antipd32v's Avatar
Registered User
Thread Starter
Join Date: May 2008
Location: SoCal
Posts: 234
Likes: 0
Received 2 Likes on 1 Post
Tried selling it in Nd for about a month with no luck and about 2 weeks in socal. I am in a rush because I have found the next car I want, I have been talking with the seller and got him to drop his price.

I have not posted it on this forum since it has had some maint issues and I wouldnt want it to go to a member.. (everything has been fixed correctly but still...)
 

Last edited by Antipd32v; 03-09-2010 at 12:09 AM.
  #6  
Old 03-09-2010, 12:27 AM
SedanManBen's Avatar
Registered User
iTrader: (6)
Join Date: Nov 2009
Location: Indianapolis, Indiana
Posts: 1,407
Received 7 Likes on 7 Posts
Don't try to trade it off somewhere else.. just sell it somewhere else. Buy the car you want, and have 2 until the G sells. The G will sell better at a different location.

PS.. the end of winter is a terrible time to try and sell an AWD car
 
  #7  
Old 03-09-2010, 12:42 AM
Neu Era's Avatar
Registered User
iTrader: (2)
Join Date: Oct 2009
Location: Sterling, Virginia
Posts: 1,656
Likes: 0
Received 1 Like on 1 Post
Yeah see if you can sell it where awd is necessary
 

Trending Topics

  #8  
Old 03-09-2010, 08:00 AM
Mustang5L5's Avatar
Registered User
iTrader: (1)
Join Date: Jul 2005
Location: Taxachusetts
Posts: 8,818
Received 468 Likes on 391 Posts
I'd wait. Cobras aren't exactly rare.
 
  #9  
Old 03-09-2010, 08:05 AM
bluemax189's Avatar
Registered User
iTrader: (5)
Join Date: Sep 2008
Location: Baltimore, MD
Posts: 268
Likes: 0
Received 1 Like on 1 Post
financially not a smart move. but you gotta do what you gotta do. ive taken a hit on cars and its really not the end of the world. remember something is only worth what someone is willing to pay for it.
 
  #10  
Old 03-09-2010, 08:22 AM
Wrathernaut's Avatar
Gentle Manne of Leisure

iTrader: (5)
Join Date: Nov 2008
Location: Pennsylvania
Posts: 7,945
Received 1,036 Likes on 609 Posts
Selling at a 4k loss to get a 5k better deal on its replacement is a good deal.

Selling at a 4k loss to get a 2k better deal on its replacement is not.

The G is not going to depreciate any further unless you drastically increase miles or damage it.

But to echo above too, Cobras aren't exactly rare (not that the G is) and well-taken-care-of ones go on market all the time. Wait until autumn to come around and your G35x will be more valuable than it is now, plus a high-powered RWD will be easier to get a deal on, especially from a dealer. Just be willing to spend a lot of time there and walk away.
 

Last edited by Wrathernaut; 03-09-2010 at 08:27 AM.
  #11  
Old 03-09-2010, 08:36 AM
COBRA ESQ's Avatar
Registered User
Join Date: Aug 2009
Location: L.I. New York
Posts: 117
Received 3 Likes on 3 Posts
Originally Posted by Antipd32v
EDIT: COBRA ESQ has already told me to have some ****ing patience (among other good advice and info) while shopping for a cobra
Well that is not exactly how I put it lol
Originally Posted by Mustang5L5
I'd wait. Cobras aren't exactly rare.
They are somewhat rare, just over 19,000 produced over a two year run and more than a few have been totaled. Many/most have been extensively modded and/or driven hard. The good news is that finding a basically stock one is not hard because there is strong support for them on various forums, especially SVTPerformance and almost always listed for sale on the national car sites as opposed to local newspapers.

EDIT: Forgot the OP wants a convertible, just under 7,000 produced over two years.
 

Last edited by COBRA ESQ; 03-09-2010 at 09:17 AM.
  #12  
Old 03-09-2010, 12:03 PM
FlyingLumpia's Avatar
Registered User
iTrader: (7)
Join Date: Jul 2006
Location: Washington State
Posts: 3,284
Received 38 Likes on 33 Posts
wait a awd in Socal, man you need to talk to Tony at motordyne, we are trying to get sways made. All he need is the front sway for a bit. Hook us up.
 
  #13  
Old 03-09-2010, 03:35 PM
Jeff92se's Avatar
Red Card Crew

iTrader: (24)
Join Date: May 2005
Location: ɐʍ 'ǝlʇʇɐǝs
Posts: 37,810
Received 583 Likes on 496 Posts
How much is the Cobra?

IMHO if you can't swing buying the Cobra and selling the G later, you probably can't afford the hit of selling it now for such a loss.
 
  #14  
Old 03-09-2010, 03:48 PM
Antipd32v's Avatar
Registered User
Thread Starter
Join Date: May 2008
Location: SoCal
Posts: 234
Likes: 0
Received 2 Likes on 1 Post
^^^ do not want two car payments... whats the point? especially if one car is just going to sit and gather dust...(the G)
 
  #15  
Old 03-09-2010, 03:58 PM
Jeff92se's Avatar
Red Card Crew

iTrader: (24)
Join Date: May 2005
Location: ɐʍ 'ǝlʇʇɐǝs
Posts: 37,810
Received 583 Likes on 496 Posts
That wasn't my point. Buy both and sell the G later for more money. If not, then accept the thousands in the hit and by the cobra.

Seems like whatever good deal you got on the cobra seems offset by the crappy deal you are getting on the G.
 


You have already rated this thread Rating: Thread Rating: 0 votes,  average.

Quick Reply: Thinking about going upside down on the G



All times are GMT -4. The time now is 09:49 PM.