I was just checking the value of my 2003 6Mt. My Kelly Blue book Private party value is $25,465. My purchase price was $29,900 (includes tax, lic, registration). I had my car for 25 months.

$29,900 - $25,465 = $4435 depreciation

$4435 / 25 months driven = $177.40 per month

So basically if I bought the car with cash and sold my car tomorrow for blue book, I would be paying only $177.40 to 'lease' my car!

 

Yup. G35s are hot cars. Depreciation values are small for this vehicle.

 

LOL, unless you rack up like 97k on an '03, I saw one advertised with that mileage for $19k, guess that's still not bad considering!

 

Another reason to own a G35. I hope it stays that way when they new models come out.

 

How many people have been able to sell their cars for KBB private party? Just because KBB says it is worth that much doesn't mean that there are buyers out there ready to pay that much. I am not doubting that the car holds its value. I just don't have any experience with resaleing this car.

 

That's true but if you go on auto trader you can do a search for the G35 you can see what they are going for in your area. Around here they are going for much over what KBB says is the Retail Value. Check it out as that may give you a better idea. One thing to note if you ever _have_ to sell your car the places like CarMax and Driver'sWay will buy your car for the KBB trade in value. A handy piece of info in a money crisis

 

Bought my loaded (no nav) 03 with 22K miles back in January of this year for $25K. Currently 03 G35 sedans with more miles than mine and less options have asking prices of $25-27K or so within 150 miles of Kansas City. The lowest price one I could find was $24K and it was the no frills cloth model. I figure you could talk the owner/dealership down $1,000-1,500 on any of the cars. As of right now, it's as if my 03 hasn't depreciated at all which is quite surprising seeing that the 06s will be here in a few weeks.

 

Theoretically speaking, what would make the G35 go and depreciate heavily like for example a GM vehicle?

 

Any number of different factors. Whenever a new generation starts to his the streets, the previous generation almost always takes a tumble of some sort.

Another factor is fleet sales. If Infiniti made them so cheap that they could compete with other mid-size sedans in the rental car space, that would hurt.

Cheap financing options on new models often hurt resale value as well, especially on cars with already high resale value. Fortunately that hasn't happened to our cars yet, but it's a possibility. If a new buyer were in the market for a slightly used 03/04, with a financing rate of 8 or 9 percent interest, or he could get a brand new 05, with the color and options of his choice, for a few thousand more at a much lower rate, often many buyers will choose to go the new route.

Another big factor we've recently seen is this Employee Pricing that Chrysler, GM, and Ford have all been doing. Same principal as above. If people are buying new, then the prices on the similar used models must be reduced to provide a purchasing incentive. When that happens on a large scale, the overall value of those used models drops quickly.

 

When I purchases my new '04, 6mt with everything (prem, nav) for 28.5k plus ttl, I saw some used 03's, fleet cars going for 24k or so with about 15k miles.

 

i bought my 03 in june for $22k with 33k miles on it, w/ nismo loaded w/out navi, and the cars in my area CHICAGO are around $24-27k so im pretty happy with my purchase and the stuff that came with the car

 

Bought my 2003 6MT Premium Aero Sedan for about $41K -- local auto trader has 2003's listed from $30.5K to $34.5K -- that's about 16% drop over 2-1/2 years -- prices are in CDN dollars.

 

There are some interesting things going on with the used values of the G35s. First off KBB now lists the used value of an 05 Sedan. Here is the problem. They don’t offer anyway to distinguish that the car has the sport, premium, or aero packages. These packages tack on a huge amount to the price of the car. I checked the trade in value of my car and it is only $29,050. That is pretty low considering I only have 2500 miles on it. Heck the selling price was about $33,700 and the sticker was $36,200. It might be a good thing that I leased this car instead of buying it. I don’t think the 05’s are going to hold their value as well as the 03’s. As for the 03’s, look at carmax. None of the 03 sedans are going for much over $25,000. I doubt you are going to be able to sell an 03 for more than $24,000 private party. If you have a buyer for it at that price then you might as well sell it and pay the few extra grand to step up to a low mileage 05 that has already taken a huge hit in depreciation. It looks like the ideal thing to do is to either buy one of the many 05 sedans from Carmax where they don’t give any credit for the different packages or to buy a stripped down 6 speed manual 05 G35 and then sell it to Carmax after 1 year or so. It appears the worst thing to do is to buy an 05 fully loaded automatic sedan and then try to sell it based on KBB(Carmax bases their offer solely on KBB). They are not going to give you anywhere near what you paid for it. They also give you almost no credit for the navigation system. Heck look at the difference between a 6 speed and an automatic! There is no difference in what KBB lists for those two cars! Yet the selling prices are like $1000 lower for the 6 speeds. Check it out for yourself.

KBB 2005 G35 Sedan
http://www.kbb.com/kb/ki.dll/kw.kc.l...5%20Sedan%204D

Carmax G35 cars
http://www.carmax.com/dyn/searchengi...2&SearchType=0

 

^^^^ dude you're an idiot stop posting, its one bad post after another

 

Now your last post was useful now wasn’t it? Tell me what you don’t agree with in that post.