should I buy a 2009 or 2010 (with pics of 2010)
#1
should I buy a 2009 or 2010 (with pics of 2010)
should I wait until 2010 comes out to buy a discounted 2009 or should I buy a 2009 now with the $3500 incentive... Do you guys think the 2010 coming out will make the 2009 incentive hit over $5000 on base models?
and here are some pics.. in case you haven't seen the new 2010 as your 2010 G thread is lacking pics..
and here are some pics.. in case you haven't seen the new 2010 as your 2010 G thread is lacking pics..
#2
I very highly doubt there will be an incentive larger than $5000 on the 2009 at any time. Obviously, there will be very little, if any discounting on the 2010 when it first comes out.
I would say it is a matter of personal preference...is paying more worth it to you to have the latest and greatest? It seems to me that since you are even considering an 09, you would be happy with it, thus the extra money required for the 10 would not be worth it.
Personally, if I found myself in the situation of comparing an 09 vs 10, I would wait.
I would say it is a matter of personal preference...is paying more worth it to you to have the latest and greatest? It seems to me that since you are even considering an 09, you would be happy with it, thus the extra money required for the 10 would not be worth it.
Personally, if I found myself in the situation of comparing an 09 vs 10, I would wait.
#3
I more interested in saving $$$ but the KBB value of the 08s just fell to ~$23,500 in trade in value
thats pretty BAD for an MSRP $33,500 to be worth ~$23,500 after 1 year.. keep in mind the 2010s haven't arrived yet and these kbb quotes do not reflect the new models.
Just a couple of months ago the value of an 08 was around $26,000 trade in so I can't justify paying $29,500+++ for a new 2009 anymore knowing the 2010s are going to be here in a week or two.
I'm sure the 2010s might MSRP at around $34,000 with an invoice of $32,000 and some finance incentive of maybe $1000.. I dunno if it's really worth saving the $2-3,000 on an 09 knowing that the car will lose another $1-2,000 as soon as the 2010s hit the lot.
I gotta say that Infiniti has the worst depreciation among all the luxury brands even though their cars have the nicest aesthetics and performance.. I really just dont' get it.
if this year is anything like last year. I recall the 08s were being given away at 25% off MSRP when the 09s arrived.. Fully equipped 08s (~$39,000 MSRP) were being sold for $29-30k
thats pretty BAD for an MSRP $33,500 to be worth ~$23,500 after 1 year.. keep in mind the 2010s haven't arrived yet and these kbb quotes do not reflect the new models.
Just a couple of months ago the value of an 08 was around $26,000 trade in so I can't justify paying $29,500+++ for a new 2009 anymore knowing the 2010s are going to be here in a week or two.
I'm sure the 2010s might MSRP at around $34,000 with an invoice of $32,000 and some finance incentive of maybe $1000.. I dunno if it's really worth saving the $2-3,000 on an 09 knowing that the car will lose another $1-2,000 as soon as the 2010s hit the lot.
I gotta say that Infiniti has the worst depreciation among all the luxury brands even though their cars have the nicest aesthetics and performance.. I really just dont' get it.
if this year is anything like last year. I recall the 08s were being given away at 25% off MSRP when the 09s arrived.. Fully equipped 08s (~$39,000 MSRP) were being sold for $29-30k
Last edited by newg37; 12-22-2009 at 11:36 AM.
#4
I have noticed resale values are somewhat low compared with other Japanese makes. But that makes it good for people like me in the market for used cars!
Are you looking to get rid of it after 1 year? If not, then why worry about the trade in? Obviously, this is when the majority of the depreciation will hit. Have you looked into leasing? If you want to stay in new cars and not worry about trade-in, you should look into it. As long as you can stay under a mileage cap.
Are you looking to get rid of it after 1 year? If not, then why worry about the trade in? Obviously, this is when the majority of the depreciation will hit. Have you looked into leasing? If you want to stay in new cars and not worry about trade-in, you should look into it. As long as you can stay under a mileage cap.
#5
I would get the 2010.. I hate buying older models when the new one is available or just around the corner...
Nehow, I checked my 08 trade in value and it shows $26,075 for good condition.. and up to $27,475 for excellent.. So I'm sure i can still get 26000 out of it since my G sits in the garage most of the time and is in excellent condition..
Nehow, I checked my 08 trade in value and it shows $26,075 for good condition.. and up to $27,475 for excellent.. So I'm sure i can still get 26000 out of it since my G sits in the garage most of the time and is in excellent condition..
#6
I looked into leasing it's too expensive..
the best cars to lease are the ones that don't depreciate as much (VW, Accord V6, etc) because you pay for the majority of the depreciation during the lease. Comes out to too much $$$
I can't buy used because I have no idea who the driver was and what he did with the car. It's a gamble and I can't be stuck with those large repair bills after a year or two that it's out of warranty.
Still it's unsettling that a top luxury brand like Infiniti is so bad on resale. Lexus on the other hand keeps their value really well too bad their cars look like crap
the best cars to lease are the ones that don't depreciate as much (VW, Accord V6, etc) because you pay for the majority of the depreciation during the lease. Comes out to too much $$$
I can't buy used because I have no idea who the driver was and what he did with the car. It's a gamble and I can't be stuck with those large repair bills after a year or two that it's out of warranty.
Still it's unsettling that a top luxury brand like Infiniti is so bad on resale. Lexus on the other hand keeps their value really well too bad their cars look like crap
#7
I would get the 2010.. I hate buying older models when the new one is available or just around the corner...
Nehow, I checked my 09 trade in value and it shows $26,075 for good condition.. and up to $27,475 for excellent.. So I'm sure i can still get 26000 out of it since my G sits in the garage most of the time and is in excellent condition..
Nehow, I checked my 09 trade in value and it shows $26,075 for good condition.. and up to $27,475 for excellent.. So I'm sure i can still get 26000 out of it since my G sits in the garage most of the time and is in excellent condition..
I expect once the 2010s arrive the 09's will go down to $23 and the 08's will hit around 20 or 21k for trade in
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#9
#10
I looked into leasing it's too expensive..
the best cars to lease are the ones that don't depreciate as much (VW, Accord V6, etc) because you pay for the majority of the depreciation during the lease. Comes out to too much $$$
I can't buy used because I have no idea who the driver was and what he did with the car. It's a gamble and I can't be stuck with those large repair bills after a year or two that it's out of warranty.
Still it's unsettling that a top luxury brand like Infiniti is so bad on resale. Lexus on the other hand keeps their value really well too bad their cars look like crap
the best cars to lease are the ones that don't depreciate as much (VW, Accord V6, etc) because you pay for the majority of the depreciation during the lease. Comes out to too much $$$
I can't buy used because I have no idea who the driver was and what he did with the car. It's a gamble and I can't be stuck with those large repair bills after a year or two that it's out of warranty.
Still it's unsettling that a top luxury brand like Infiniti is so bad on resale. Lexus on the other hand keeps their value really well too bad their cars look like crap
I understand your hesitation on buying used, to each his own.
#11
It's highly unlikely you can get the KBB value for trade in at this point, since the 2010s are almost here. You could have gotten that price before the incentives arrived last month or they'll give you that price if you pay MSRP on your next car.. but to get that high trade in value and then the invoice on a new 2010 is probably impossible.
I expect once the 2010s arrive the 09's will go down to $23 and the 08's will hit around 20 or 21k for trade in
I expect once the 2010s arrive the 09's will go down to $23 and the 08's will hit around 20 or 21k for trade in
Yes, you cannot depend on the KBB but if you look at the listing prices on cars.com, you will get an idea on how much your car should be worth at trade in.
#12
that's exactly how much it drops.. $3g a year.. Not including the year of a redesign in which case it drops more because it's considered completely outdated and the old models have to be greatly discounted to sell.
anyway the G is tricky because the car comes out in Jan (late production) not Mar/Apr like other manufacturers so it's hard to compare it to other makes and models. They are 6-9 months behind other manufacturers on this one not to mention if they plan to get back on track and release the 2011 it will happen next Oct/Nov/Dec, that would put them at a 9-10 month cycle this year, making this year's cars depreciate even faster.
#13
Wow, there are many things you can look at to try and figure it out, but in the end it is just a best guess. One of the best ways is to look at leasing residuals because these are calculated based on what Infiniti thinks they could get from an auction at the end of the lease for the car. If you look at 2009 residuals, in 24 months the car will be worth 55% (on a sport) of MSRP. Let's say MSRP is $40,000. That gives $22,800 as residual in two years which would be 2011.
If what you are saying is correct, then Infiniti will be losing TONS of money because you are saying in 2010, this car will only be worth $23,000. So in 2011 there will be no depreciation?!
Plus, I wont even mention we are dealing with wholesale black book values at auction.
If what you are saying is correct, then Infiniti will be losing TONS of money because you are saying in 2010, this car will only be worth $23,000. So in 2011 there will be no depreciation?!
Plus, I wont even mention we are dealing with wholesale black book values at auction.