Infiniti G37 Prices Paid and Buying Experience

kingpcgeek

Unfortunately it looks like you overpaid by about $1000.

nineballer15

I have a Credit score of 650. Do you think I can lease and what money factor? Residual? G37 Journey with Nav

240zdude

Maybe compared to some parts of the country, but I don't think I could have gotten another $1000 off that price in Texas. Based upon my discussions with other dealers and some price blogs, I know I could have saved a couple of/few hundred more by going to Dallas or Houston where they have multiple dealerships, but at 55 cents/mile (federal mileage rate) to travel there (about 400 miles roundtrip each), I would have used up most or all of that savings. Plus, it would have cost me an entire day in travel. Not to mention being 200 miles from home and maybe having them try to play some last minute games. Austin Infiniti is right on my way home, 10 minutes from work, 10 minutes from the house. Including a couple of emails to set up the deal and the time in the dealership, I invested less than 1 hour in the entire purchase process, which was completely hassle free. All of that is worth some $, at least to me. I'm an extremely busy person these days, so the price/convenience factor worked for me!

240zdude

Nabbed about $1500 of it, thus the comment that I overpaid by $1000....

members78

don't worry about price difference now. just enjoy your new car - the beginning of any love affair is the best part! :P

paulg37x

Infiniti has a deal where you can get a $500 AMEX gift card if you purchase a new Infiniti between August 28. 2009 and November 30, 2009. I (as a current Infiniti owner) get a $150 AMEX gift card for "recommending" Infiniti to you. I did this with a guy when I bought the car a few months ago and now I'm in a position to be on the other end of the deal. You can find out more about the program at InfinitiUSA.com/Rewards. Basically, I need you to provide me with your name, address, and VIN. I enter it along with my name, address, VIN, and redemption code. In 6-8 weeks we both get our money. First come, first serve; so I'm looking for someone who just purchased an Infiniti within the last couple of days or is going to buy one very soon. Please e-mail me at the following address:
paulsg37x@gmail.com

Thanks.
Paul

kingpcgeek

Oh please tell me they are not running that program again. Another 6 months of people posting the complete rules to a program we have already had detailed 100 times.

m6user

Just got the card from Infiniti in the mail today...same program. It will be boring reading all those posts.

rshar1

Pls contact me if interested in pairing up on the AMEX if you recent purchased an Infinity. You get $500 AMEX gift card, I get $150 card.

rshar1

if interested in the AMEX pairup pls send email to rshar1@yahoo.com. tks

dathinker

Just received the referral code from Infiniti today. If you are buying a new Infiniti and would like to get $500, let me know.

psychonut

Moderator, could you start a new forum under Infinity for the "Owner's Reward Program?" The Owner's Reward Program doesn't have anything to do with Prices Paid and Buying Experience and entries about the program clog up an otherwise very busy and useful forum.

kingpcgeek

they could do it, but it won't help. The people that do the award posting are usually first time posters, don't bother to look at even a days worth of posts to see that we know about the program backwards and forwards and post the full program details in every single Infiniti G forum. Kind of like the people that have posted 2,124 times "can you get the $2,500 dealer cash with a lease?"

members78

Can I get the $2500 dealer cash with a lease? :P

So today I did my email attack to eight dealerships. Technically, I should have done at least 10 dealerships, but I was too lazy. So far one has replied for $300 over invoice before the $2500 incentive. Not bad... but I'm hoping for more.

Edit: I forgot to mention I'm looking at the G37X Coupe w/Premium.

stumc1

Anybody who will purchase a new Infiniti between August 28, 2009 and November 30, 2009 please contact me at stumc@yahoo.com to pair up for the Amex Loyalty Reward ($150 for me and $500 for you). Thanks!

kyfdx

Yeah... .what he said..

You are more than welcome to go the general G37 forums and start your own discussion... (you know... if you like that sort of thing.).

chikki123

Please contact me at madhan1m@gmail.com if interested in pairing up on the AMEX if you recent purchased an Infinity. You get $500 AMEX gift card, I get $150 card.

m6user

vs Aug of last year. Probably not that much of a drop in G37 sales and some markets may be a lot better than others but when sales in general are down they will make better deals. Use in your negotiations!

viliv

G37 coupe Nav/Premium/Tech/Sport/4-wheel act/Illum kick plates/splash guards/spoiler/mats

This was the last with Nav & Sport at Infiniti Coconut Creek FL, the rest unnecessary gadgets, maybe too expensive in the end

MSRP 48,410
Inv 44,120
Paid 41,792 +TTL

But this is a great car, I love it.

newmoon9

Sad, I bought my car on August 15th, it doesn't qualify it.

members78

wow looks like checked off all the boxes. i think you did pretty well on the price. dont forget to get your $500 gift card.

thanks for sharing your story, it helps.

sewellgsm

We finished #1 in Nation with 134 New Infinitis (down 31.3% from 2008). We sold 49 G sedans (down 25.8% from 2008) at an average of $1377 below invoice. *Remember - not everyone (like 99%) are not on forums like this.

September - still have $2500 dealer cash (still not good with lease ) - lowered 60 month special finance rate to 1.9% - other terms stayed the same - still have $1000 lease loyalty if you lease and own an Infiniti - still have tax credits in Texas.

Hope this helps.

thewdwguru

The above sounds good. ie, 1377 below invoice. But, I am sure that is after applying the 2500 dealer cash. So, this dealer is selling about 1200 above invoice - hot good. Now, a good deal is to sell the car 1377 below invoice and then add the 2500 dealer cash on top! This should be doable.

uwnav

What dealership is this?
I'm looking for a g37 coupe preferably with navi, and out here in Washington (State) there's NO competition for the dealers. Also dealer has ridiculously low inventory. How much does it cost to ship a car from another dealership across the US?

thewdwguru

People say the CARS program was a success. But the way I see it it was a failure for dealers. Yes, dealers sold a lot of cars in the short term. BTW - have all dealers been paid yet by the govt? You have to keep in mind that this program only accelerated people's purchase and did not really stimulate someone to go out and buy new. Plus, keep in mind no Infiniti's qualified for the CARS program. So what does all this mean?

Well, the way I see it, car dealers will be struggling the rest of the year. I mean people who were going to buy new this year already did so ,ie, CARS. I realize there will still be some new car sales but way way way down. So, for companies like Infiniti who did not qualify for CARS - sales will down the rest of this year.

So, my goal is to buy a G 1000 below invoice to reflect current situation and then another 2500 from dealer cash. A total of 3500 below invoice. Should be doable!

Rememer, you should be able to buy well below invoice in this economy. You shouldn't buy otherwise. For sure do NOT buy above invoice! Let the economy work for you!

brooke37

What is your point about buyers not being on this forum? I'm not sure that justifies screwing over customers who are not in the know. i'm sick of dealership old school methodologies.

brooke37

I don't understand your point about 99% of buyers not being on the forum. Is this used as an excuse for not giving customers a good deal?

sewellgsm

I'm just letting you know the facts. (yes, it was with the $2500 dealer cash, so yes we averaged $1123 over invoice - it is an average, some higher, some lower).

sewellgsm

Sewell Infiniti in Dallas, TX - you would be better off buying locally - it would cost around $1000 to ship a vehicle to Washington, plus according to this forum - a lot of dealers sell vehicles less than us.

sewellgsm

Brooke37 - if you think making $1123 over invoice is "screwing" customers - you have not been in the real world. We pay salespeople 25% of this - then we have a little thing called "overhead" - things like paying salaries to operators, porters, managers, accountants, etc - then you have small items like a building, taxes, 401k match, electricity, water, loan cars, advertising, telephones, computers, training, interest, upkeep to grounds, insurance - to name a few. If you think some small dealer selling 40 new cars making a few hundred over invoice is making them a profit - your nuts. Yes, there is used cars and finance and service and body shops - but I've seen many dealerships still not break even and eventually close their doors.

Your are probably jumping for joy that over 1000 dealerships will go out of business in the United States alone this year - just think they will all be unemployeed and the rest of us can watch our taxes go to help them out.

Making a $1000 on a $40,000 car (investment) is fair - you could always open a dealership - bring cars over from Japan and sell them for nothing if you want - it is a free country.

I am just saying - you guys - forum readers are getting great deals - you guys and the exception, not the rule - so when a dealer tells you "no" and you have to contact 10 dealers to get the price you want and then they have a $599 doc fee, and hold $500 on your trade, and mark up your financing 1 or 2 points - don't be shocked.

members78

sewell, i understand your points but there is no need to belittle brooke... after all she is a customer and you're a dealer known for quality customer service, right? and to extrapolate that she is pleased that people are losing their jobs at dealerships, from her statement that she dislikes dealership sales tactics, is unfair.

and let's not forget dealerships make tons of money by servicing cars. their mark-ups are incredible - as anyone knows - and can often be had much cheaper elsewhere. also dealerships make money off trade-ins, which you have alluded to many times before.

i think brooke speaks for a lot of us. most times the dealership has all the cards. right now it seems with this economy, the consumer has some leverage. but that doesn't stop the car salesman from trying to squeeze as much profit as they can from consumers.

tlee

At least stay away from Sewell Infiniti of North Houston. They told me they have the car I wanted (colors and options). I confirmed everything with them the night before. The next morning my wife and I took a day off from work (we live in Austin and Houston is 150 miles away) to pick up the car. About 2 hours into our trip, I called them to make sure they have the car ready so that, after signing the papers, we can drive back home as soon as possible. Guss what? They told me they don't have the car! You can imagine how pissed off we were. I thought Sewell is a reputable dealership. They are not!!

sewellgsm

members78 - I agree with you, I may have gotten a little nasty - I know brooke37 is complaining about cars dealers in general - but she did direct it to me: "screwing over customers" - "sick of dealership old school methodologies" - and she obviously knows nothing about us and little about car business in general.

Nevertheless, sorry for my sarcasim.

As for you :P ; well run service departments do generate gross profit, some make enought to make up for failing sales departments - some don't (that is why they are closing their doors). The common buyers has more access to information about cars than almost any other industry, the mistake they make is that they think because they know it - it changes economic factors. Business is down, so since the dealers know they are selling less they have to sell the ones they have for more money (not less) to make the same gross profits or they have to cut expenses (which everyone has done) - so believe it or not we do better deals (in your eyes) when volumn is up and supply is good. Swing by any car lot - they are low on cars - the manufactures have cut the amount of vehicles they are building - demand is down, but supply is even lower - so this leverage you speak of is not there.

But - I will agree, we train our car salespeople to do the best they can at both helping you find the right car and making as much on it as possible (never higher than the MSRP - Manufactures Suggested Retail Price - never seem to get that).

At times, I wish we were like Saturn or McDonalds - price on the sticker is what you pay - then it would be fair to everyone. If you thought the price was too high, you just buy a cheaper priced car. But, that will never happen.

I'm only giving facts and the perspective from this side of the desk - it is meant only to help - you don't have to believe or listen - but I have no reason to make stuff up.

sewellgsm

Sorry about that, if you want I can have the GM from that store call you and try to work something out. If you want, contact me.

rdesman

Do you think that now might be a good time to explain dealer holdback to the group and why "invoice" price is above your actual cost from the factory when all said and done?
My understanding is that if the dealer sells the car for $1000 over invoice they are getting a profit substantially beyond $1000 and if the car is sold at "invoice" there is still profit to the dealer as the real dealer cost is below "invoice".

tlee

Thanks for the offer but I don't think I can ever trust Infiniti people again. Fool me once, shame on you. Fool me twice, shame on me.

sewellgsm

Holdback is different amounts for different manufactures. GM is 3% of the invoice, Infiniti is 1.5% of the MSRP. So, on an Infiniti that has a MSRP of $40,000 - the holdback or the amount Infiniti will send the dealer once the vehicle is sold would be $600. This amount goes to the selling dealer, so if I buy a car from another dealer at invoice and then sell it to a customer - I get the holdback plus whatever profit I made over invoice.

Many people buy both domestic and foreign vehicles, if you buy a $48,000 Yukon for invoice, the dealer made $1440. That is why most foreign car dealers get something over invoice while you commonly here of domestics selling their product closer to invoice.

Keep in mind when you talk "cost" - you are talking "cost of goods" - it is hard to put a "cost" number on overhead - the more you sell, the less per overhead per car you have. I work at a large store - our average overhead to date has been $215k per month - we've averaged 90 units per month this year - so you can do the math. We need to make about $2400 per car at the rate we are selling - if we sell more that number will go down - the $600 holdback knocks it down to $1800 per car - plus Infiniti will have contest or TOE bonuses that helps as well. But, you can see to sell a car for $500 over invoice does not work out for dealers, that is why they let customers walk and hope someone else will come along and pay more.

michaelnhl

Hi guys.
Need your advise. I am at the end of my lease on 2007 G 35 S manual + premium.Have 2 month to go in payment.Considering buying new 2009 G 37 manual + premium.No Navy.Went to local dealer in Kansas City.It' the only one in town.They told me that they don't have a car I want.But they found a dealer that geting that car in 2 weeks.I will pay $32 400/ for the car/ + $ 1000 send a truck with there trade and bring my car back to Kansas City.total $33 400.Is that a good deal ?
I can wait for 2 month.Return the leasing car and buy new one directly from the dealer.I will pay extra to shipp it to me./$ 500-650/.I don't know may be it will be cheaper to go that rout ?
Thanks for your input.Michael

some3plus

My experience with Sewell North Houston was horrible too. I am from Austin and the sales guy I spoke to in Sewell had horrible attitude. Lack of good color/option combinations and dealer's games in Texas turned me off. I was one more little hurdle away from buying an Acura TL-SHAWD, but ultimately I convinced myself that it was not Infiniti's fault and my experience locally was awesome. Sewell should train their Sales guys that they are trying to sell Luxury cars not used clunkers to an unfortunate soul with poor credit score.

sewellgsm

Please keep in mind that Sewell just bought out Infiniti of North Houston a few months ago - they have to turnover a lot of people and are going through an adjustment period. The GM, Service Director, 2 Sales Managers, and about 4 salespeople transferred from Sewell dealerships everyone else that stayed on are having to be retrained with the way we like to do things.

See the book Customer For Life written by Carl Sewell.

Give us some time to iron things out.

sewellgsm

If you don't mind waiting - I'd ask your local dealer to order you one directly from Japan - that way you can get the exact color combo and equipment you want and save on the $1000 transport charge. The deals will not be any worse, if anything they may be better by the time the vehicle gets here. We are all ordering this week, takes about 3 months to get here. May have to extend your lease one month.

stormmb

Recently attempted to lease a G37 coupe based on the dealer's indication that Infiniti Financial would waive the last four payments under its Pull Forward program. When it came time to really negotiate the deal, we find out the lease maturity date has to be Dec 31 or earlier, and ours is in January. Also told that the program expired Aug 31.

Any info whether Infiniti Financial is renewing this program for September or sometime before the end of the year, and whether the maturity date deadline will be extended?

Thanks in advance, and to the community for the great information provided here.

sewellgsm

Pull Forward Program is running from 7/1/09-9/30/09, so it runs all this month. However, it waives only up to 3 payments (not 4) and your lease has to mature before 1/1/2010. I have not heard of them extending the dates yet, if they do I will post a message.

stormmb

Great - Thanks.

kingpcgeek

I don't think I can ever trust Infiniti people again

Give me a fricken break. If you have bad service at one McDonalds are you never going to McDonalds again? What ludicrous statement.

kingpcgeek

Is it also true that dealer holdback is a sliding scale, that the longer the vehicle has been floored, the less holdback there is?

psychonut

sewellgsm, first of all - thanks for all the good posts in here. You've given us a lot of good info. Above you said "We are all ordering this week." Are you still ordering 2009 models? Also, do VPP customers get treated any differently than non-VPP customers? I'm just wondering if dealers want to pawn off all of their old inventory on VPP customers because there's less of a profit margin for them My plan is to buy in October, and I know that no dealers near me have my preferred color combo, so I'm wondering if I could ask them to order it for me now as a VPP customer and still qualify for the rebate incentive that is in place when the transaction is finalized.

sewellgsm

No - it is a set amount - 1.5% of MSRP.

sewellgsm

Thanks - I realize I represent the "bad guys" here - so I appreciate your comment.

We are ordering 2009 G's probably for 1 more month, the 2010 G's don't come till Jan. Now on QX, FX, M and EX - we are ordering 2010.

We love VPP customers - here is a little secret: since we don't make much profit on the deal - Infiniti reinburses us for doing the VPP deals, so we get our money from Infiniti instead of the customer.

On ordering, you will get whatever incentive is going on at the time the vehicle arrives. Usually, the incentives stay the same or get better as the year rolls on.

Every vehicle except the convertible is eligible for VPP right now.

roy2001

# At times, I wish we were like Saturn or McDonalds - price on the sticker
# is what you pay - then it would be fair to everyone. If you thought the
# pice was too high, you just buy a cheaper priced car. But, that will
# never happen.
====================================================

sewellgsm, could you explain why that won't happen?

Be frankly, I am sick of the game to send several emails, use one offer to ask another dealer to lower price. But I also hate to be fooled by dealer when they rip you off if you are not knowledgable enough. That happened when I bought my 1st car, when my wife bought her 1st car, when my friends bought their 1st car.

Delears/salesman need decent profit to maintain business and provide decent service, but I just don't like rip off game. I would be happy that dealers have a single price, people would buy a car when they need it. Incentive like C4C only change the time frame but won't generate non-exist purchase plan.