So I have been tracking the trade in value of my 05 G35 since November 1st of last year. What I have seen has shocked me! The resale value of my 05 G35 Sedan with Sport, Premium, and Aero packages has gone from $26,325 in excellent condition with 13K miles to $23,750 in excellent condition with 14.8K miles in the last 2 months according to Kelley Blue Book. It was even worse on Edmunds. The resale values of the first gen G35s sedans has just tanked over the winter. In fact, the resale value of my 05 is only $1,750 over the residual of my 39 month lease. I still have 18 months left on my lease and I am currently about 11,250 under my allotted miles but my car is way way under the value they predicted it would have. Does anyone know why the value of the original G35s has dropped so drastically lately? A salesmen said that the resale values always drop considerably in the winter and that it will actually increase in value in the spring. Is that true?

It is to the point now that if the resale value does not increase drastically then I will have no choice but to hang on to it until the lease expires and then just give it back to them. Is anyone else in the same boat? I have heard a lot of people saying that they have taken a major loss on their trade ins lately in order to get a new G. In that case is it better to lease the car since you can just get rid of the car if the trade in value is terrible?

Has anyone faired well when trading an old G for a new G? How bout selling the G private party? Has anyone received fair market value for their G when they sold it private party?

Trade in 11-01-06 13K miles
Condition
Excellent $26,325
Good $24,965
Fair $22,450

11-10-06
Excellent $25,125
Good $23,790
Fair $21,420

11-19-06 13,400 Miles
Excellent $24,925
Good $23,565
Fair $21,250

Trade in 12-21-06 14.5K miles
Excellent $24,325
Good $23,015
Fair $20,700

Trade in 1-02-07 14.8K miles
Excellent $23,750
Good $22,490
Fair $20,225

 

You can thank the introduction of the redesigned 07s for the decrease in value of your 05. I noticed the same when I traded my 03 in over a month ago.

 

I'm in almost the same situation. 16 months left on a 42 month lease. However I believe Infiniti will let you out of your lease up to six months early so long as you purchase or lease another Infiniti.

 

As noted above, it's likely more to do with the intro of a new gen than an annual cycle...

 

On 11-24-06 I traded in my 06 mt6 coupe with premium package, 8200mi, in excellent condition, I was given $30,000 in trade on a new 07 sedan at5 with premium package. I paid $34,500 for my 07 before fees. I couldn't be happier

 

Yes they will let you out of your lease. However, you will have to pay the difference between your current buyout and the trade-in value of the vehicle. In my case that is about $4200 right now. Looks like the 07 G ain’t gonna happen for me unless the resale value takes a turn the other way. So my question is are you guys still happy that you bought your G35 sedans instead of leasing them? You are going to really be taking a big hit when you try to re-sell them. Man that 335i lease deal is actually looking better and better every day. I actually like the G35 better than the 335i but you just can’t argue with the fact that BMW is now heavily subsidizing the leases and their cars always hold their value. The G35 lease is not what it used to be. Unfortunately, buying it is not a very good option either.

 

A number of factors contributed to the trade numbers I got for my 05 coupe 6 speed. I am happy since my dealer gave me more than what Carmax would have paid cash for.

1) Winter time in Chicago and low sales on used 6 speeds with summer tires (everyone wants an auto with the traffic we have).
2) 07 coupes just hit the lot.

 

07 came out, that why, but that sucks

just 2 month ago price on my vehicle on kbb was 32 n change now its 29,360

today just keeps gettin better, i also found out my g is 280 hp when i was buying the car the dood said it was 298

 

u must have an auto

 

I just got a 2007 G35x. I'll have to keep in mind to stop reading this forum and any car magazines in the future when new models of the G35 come out. Otherwise, it will be too tempting to trade it in... :-)

 

I agree with you regarding the lease option on the G35. A G35 with a sticker of around 36K had a lease of 629.00 per month. That is with 850.00 down.

A 335i with a sticker of 46K could be had for 650.00 per month and 900.00 down.

I mentioned to my Infiniti salesman that if Nissan corporate is really trying to unseat the BMW 3 series, then they need to be more aggressive in their lease pricing.

He said that he expects the lease price to be around 550.00 on that same vehicle come Spring.

Time will tell where the price ends up, but I am not making a move for a couple of months anyway.

I am not looking to buy a car this time around. The resale hassle and super low trade-in values from dealers has me leaning towards a lease because I like to change vehicles every few years anyway. And I don't do any modding so that's not a factor.

So for me it comes down to lease prices AND the potential for buying out the lease and making a few bucks if the value of the car AND demand for the car at term end will allow it. Otherwise just turn her in and get a new one.

I have my G picked out unless something unforeseen happens between now and March. Regardless of final lease pricing. But I do see how potential G leasers could jump the fence to BMW to take advantage of their attractive lease offers.