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Infiniti M35 / M45 Prices Paid and Buying Experience
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Comments
I can only say that this is a good time for excellent deals on cars now!!!
I an cut a good deal on an M35x in NJ from on dealer but I'd be on my own with finacing,
Also what was the interest rate you got on that deal?
Cant wait!!!!!
The MSRP was $44,365 which included the trunk lid spoiler, trunk mat, splash guards and the dealer threw in wheel locks and nitrogen filled tires. Got the car for $32,250 plus tax, title, plate transfer and dealer fees which they would not budge on and added $599.00. The total paid though was $35,001.83 OTD.
Nice looking and riding car. Wife would have preferred a SUV but heck she already has her 2005 Thunderbird Convertible so she can't complain.
Wanted to lease and get a new car every 24-36 months but buying was only feasible way to go. Looks like leasing is going away.
So, I'm going to look for a deal that's $38,885 plus tax, lic. reg. I know that at that price the 0.0% is not on the table, but it sounds like they want you to finance through them. Does anyone know what their rate is?. This is the first car I ever looked where I feel like I'm in the superior position.
BMN & Drakarula, Congrads! on your new 2007 M from NY-dealership as well that's $19K - $20K off-sticker. Do y'all have the same features on the M Sport.
Adv. Thx.
VeraGen
TIA
I was looking to lease and with various amounts of money down, I have received internet offers of between $500 to $600 per month. If the prices are that low, I would consider purchasing. I'll post what my experience is when I tell them I'd consider purchase instead of lease if the deal was better.
The best financing a dealer offered me for that price was 5.09%, but I can get my own financing through a credit union for 3.9%.
Anyone getting anything better in D/FW? I haven't purchased yet as I am curious to see if prices will go lower as it gets closer to the 2009s coming in.
I was quoted $40K (pre-taxes) for an M35 with tech package from Sewell in Dallas, which is about $9K off the sticker. I have not tried to negotiate this down any farther yet.
On the "final" offer from the dealer (in Pittsburgh), they showed me getting $7500 off of MSRP on the M. I said the rebate (several times they corrected me to imform me it was no a rebate _I knew that but refused to let them think it's their money) is $7500 straight from Infiniti. That means you didn't discount the car at all from the dealership.
Then they showed me the trade value. It was Kelly Blue Book trade value LESS tires and a few small items. Basically they want to give me trade in value less this cost to fix it up, so they spend a few bucks at my expense to turn it into a KBB "retail" value that is about $6,000 higher than what they gave me.
I had purchased an FX45 back in 2004 from this dealer. I don't necessarily expect a great deal, but I refuse to walk out of a dealership without letting them know that I know better.
When I got home I looked at the current trade in value on the 2008M35x with normal milage and it appears that even with the huge discounts the value I would recieve from the car was almost $10,000 less than what I would pay for it.
I'm considering going to used cars
Also, they had a 2007M45 sport with a MSRP of $55,000. It was new with only 188 miles. I asked if they were collecting it or was it for sale? It was RWD he said and it did not move. He said I could probably get $10K knocked off of it. I laughed, it may be new but it's still 2 years old as a 2007 model.
Looks like I'll hunt for a deal somewhere else.
BMN
Did you buy the M35 yet?
Just to clarify, the $39,995(out the door) = $44,237(invoice) - $7500(incentives) plus tt&l. will not apply to someone want to use Infiniti's 0% financing. is that right?
I am also waiting to see if the price of M35 will go lower as the year ends
I was wondering if any one had the details to the December cash/finance/lease programs? I understand that the December programs were to be announced today 12/2 - this is what the Internet Sales Manager told me last night.
Well, I am eyeing an 2008 M45 with the following line items:
Base - 50250
Tech/Nav Pkg - 3350
Sport Pkg - 1650
Trunk Mat - 105
Destination - 815
TOTAL - 56170
I've reviewed the VPP numbers and I am NOT impressed (as a D-plan business associate). Enough about VPP...
As for invoice negotiating this is what I was thinking (with a little help from CR New Car Pricing)
Base - 46978
Nav/Tech - 2887
Sport - 1422
Trunk Mat - 76
Destination - 815
TOTAL - 52178
So far these numbers haven't factored in any dealer cash incentives (in November it was $7000 for the M45)
Any thoughts on how aggressive I can be to get the final price down? And then consider other incentives based on how I acquire the vehicle (cash/finance/lease)?
I would be getting the vehicle in Southern CA.
M35
MSRP > 49770 (Sport and Tech)
Invoice > 45544
Cash Incentive > -7500
TOTAL > 38044
M45
MSRP > 56170
Invoice > 51364
C/I > -8500
TOTAL > 42864
As for leases, the money factors (as of 12/2) were 0.0001, but the residuals are horrendous (for a 35 it is 44%, and for the 45 it is 42%)
Time to consider OPM and not from Infiniti Finance... hmm... Maybe I should offer an even lower cash purchase number?...
I have not made a purchase yet. I'm trying to wait it out as long as I can to see if dealers get desperate to get rid of one for a better price. As it stands, those are great offers and I probably should buy one and be on my way.
For an update, I went to Sewell over the weekend and their final drive-out price was around $40,350 for tech package, splash guards, trunk mat, tint, and wheel locks.
M45
MSRP: 56170 (sport, tech/nav)
Invoice: 51364
C/I: -8500
Dealer's Cash Price Offer: 42864
My Cash Price Offer: 40626 + t.t.l.
The sales manager informed me that they would offer the following items at their cost if the deal goes through:
3 year service package (that covers oil changes and tire rotations every 5k) for $240
Lojack for $599
He also has a friend/contact that could tint the car up for about $100 - he didn't want to offer me the dealer's tint cost of $270.
Let's see how this flies.
For those of you that might current car market better than I, what should I expect to pay for a 2008 M45X (with Nav) that has less than 10K. How about a 2008 M35X (with Nav) with less than 10K. Does anyone know if you have to pay the gas guzzler tax on a used vehicle?
There are some significant cash discounts being offered beyond the invoice price of the car. After doing some math, I found that taking standard financing with the cash discount price was smarter money than not taking the cash discounts and using the special IFS financing of 0.9% for 5 years.
The reason why you are seeing such dump in M45 and M45x used prices is because the public and buyer perception of a V8 is very negative. The economic climate doesn't help matters either.
I have spoken to about 5 dealers in my area and they all say the same thing that the G-sedans and the M35 are far outselling the remaining stock of any M45 that still sits idly out there.
The offer I am asking is below the dealer's wholesale price from the manufacturer. I figure they can reap the profits on the G-sedans and get rid of the "white elephant" that is the M45.
Don't misconstrue "white elephant" of a car not worthy of it's accolades from the media and industry technical analysts. It's still a great car - it just won't sell as quickly in this economic climate - and the dealers know this. You just have to convince them that you know it as well.
If I had to choose a dealership, I would definitely choose Sewell. They are very professional and have been courteous throughout our negotiations. They also have a ton of loan cars available for servicing, and even offer concierge service to pick up your vehicle and bring you a loan car when you need servicing done.
Has the dealership made any searches through out the US for the color and options you are looking for? The cost of them to get a vehicle from almost any where in the US would run around $600 - 800 as dealers trade cars around all the time. I am NOT saying that you pay for it. If they are able to deal on a car for 39,900 drive-out, I am sure they would be eager to get you the car you truly want for the same price you have negotiated.
I just took delivery of an M45, and there were 3 M35 cars that were collecting dust.
One was Blue Slate with a black interior - Sport/Tech
One was Graphite (gray) with a black interior - Sport/Advance Tech
One was White with a black interior - Sport/Tech
If the colors are right for you, maybe you can ask Sewell to trade with the dealership in California. Or you can simply deal with the fine folks at the CA dealership and have them ship it out for you.
I was considering the following:
windshield protection
tire/wheel protection
permaplate
pre-paid maintenance
lo-jack
Anyone have any ideas on if I can get more bang for my buck by going outside of the dealership on any of these items?
The problem with pre-paid maintenance is that it's a discount from what they charge if you follow all the dealer recommended profit (they call them service) packages. Unless you are one of those who just follows whatever the dealer says you should do, you will save more money by selecting the real services you want at the big mileage intervals and ignoring their "prepackaged service packages".
lo-jack may be useful if you are in a high crime area....that's very geography dependent.
The permaplate and windshield protection are pure profit items to the dealer.....
No one knows what will happen tomorrow, let alone January. Manufacturers can and do change their program at any time. Sometimes there is better leasing on the X than the non X cars. The 09's are coming with some engine/transmission changes but no one really knows if the difference will be noticeable. Yes, a little more HP and 7 speed on some models...but at a price.
Generally, when the next years cars come out, they have no promotions or money on them for a couple of months to help sell off the older new cars which still have the money/deals attached. No reason that should change. Likely what you see today on the 08's will continue and the 09's will just sell without any special lease/finance/purchase deals until the 08's are gone.