Infiniti G37 Prices Paid and Buying Experience

homer78749

I'm in Texas

reptile1

Made the following deal and received the car today.

G35x with premium package,splash guards, cargo liner and all season mats.
MSRP: 37,179
Invoice: 34164

Got a sale price of 35350 after much negotiation. Dealer kicked in a year worth of oil changes and wheel locks.
Residual, 58% = 21555

Gave 9 multiple deposits to IFS = $4500
36 month lease, 12000 miles
MF = 0.00207 - 0.0009 = 0.00117
Monthly payment = $449
Besides multiple deposits, cash upfront included tax $1074, 1st month payment $449, Acquisition fee $595, documentation fee $50 and License $495.
Got it for my wife, she is thrilled. It is a great sporty car.

acuraavy

Reptile1,

In your post you claim that you got a cargo liner. Are you referring to the plastic trunk trays or the carpeted liners with the Infiniti logo on it?

Thanks!

reptile1

Acuraavy:
Actually it was a Cargo Net which can hold loose objects like grocery bags in the trunk securely.

jgustov

BUYER BEWARE: To all Bay Area Infiniti buyers

BEWARE OF INFINITI OF MARIN: Dishonest, deceptive dealer sold me car with COVERED UP DAMAGE. Dealer has refused to provide any compensation or repairs on the vehicle.

A couple of weeks ago, I purchased a pre-owned 2004 Infiniti G35 Coupe. The car was sold as a used car under the factory warranty. However, this car had suffered damage in the front & rear bumpers before I purchased the vehicle with the BOTH bumpers being replaced. In addition, the rear cross brace was severely damaged in an accident. Furthermore, it was not properly or completely repaired. Worse yet, the accidents were intentionally covered up with new bumper covers and a paint job. When asked specifically regarding past accidents or damages, the sales people told me it was completely clean. If that isn't bad enough, like many other auto accidents, the car showed up clean on Carfax.

I discovered all these damages when I brought the car to another dealership for service today for warranty repair on the front light that became loose. The front end accident had caused the vehicle's light to not fit properly anymore. I was told the repair couldn't be covered under the factory warranty because it was caused by an accident.

I'm not just angry about this problem but also the fact that my value of this car is now so much lower due to past accidents!

When I contacted the general managers of Infiniti of Marin, they completely blew me off and hung up on me. Is this a dealer you want to buy a car from??? Buyer BEWARE!

delta737h

igustov,

Sorry to hear of your bad experience. Did you run the vehicle's VIN# through the state's BMV to see if it had been involved in any accidents beforehand? That certainly doesn't relieve the dealer of their moral and ethical responsibilities but you must do your part as we live in a society of people that just can't seem to do the right thing. That's life in America the Great where buyer beware rules... CAVEAT EMPTOR!

John

minh2

Hi everyone. I was offered a price of 38.6k for an '07 G35x with these options: Premium, wood, nav, tech, splash guards and cargo net from a D.C. area dealer. This is price before tax and before fees. Is this a good or at least decent deal? Thanks.

Edmunds.com Pricing:
MSRP : 40.8k
Invoice: 37.2
TMV : 39.6

dwynne

A pre-purchase inspection would have cost you $100 to maybe $150 max and would have found this damage and you could avoided this headache.

Run a Carfax and/or AutoCheck to eliminate any cars with a shady record, but before buying ANY used car always pay to get it inspected - it does not cost that much money.

BTW, if you purchased the CarFax report yourself (and did not just get someone else to run it for you for free) I wonder if you could file a claim with them because your car had damage that they did not let you know about?

Dennis

dwynne

That certainly doesn't relieve the dealer of their moral and ethical responsibilities but you must do your part as we live in a society of people that just can't seem to do the right thing.

They only have to disclose the damage if they "KNOW" about it, so they usually tend to not look too close at things like that. If they don't KNOW for sure it has been wrecked then they don't have to disclose anything - and a lot of dealers will do that. I would wonder if you brought that car in to trade if they would not find the damage and either refuse to take it or give you a real low-ball offer - yet when they have it sell they never look at it that closely.....

Dennis

dwynne

$1,400 over invoice and that does not include the dealer doc/prep fee? That does not sound like a hot deal to me, but prices can vary from region to region and in a lot of places deals on the x can be harder to come by.

Dennis

delta737h

"They only have to disclose the damage if they "KNOW" about it, so they usually tend to not look too close at things like that. If they don't KNOW for sure it has been wrecked then they don't have to disclose anything - and a lot of dealers will do that."

To reiterate, we live in a society where morals and ethics are often compromised. People just can't seem to do the right thing anymore.

John

daveman1

I just bought my '07 G35S from Infiniti of Chantilly, and I recommend you buy from them if you are in the DC area for one reason: "The 500 Club." They do all your maintenance for the first 2 years for free (including 30K, if you get there). Free oil changes for life. Free car washes for life (done by hand, not machine). A couple of other little freebies, too. Because my car is so new, I have only had one car wash and no maintenance thus far, but they did a great job in about 30 minutes, and the service manager seemed friendly enough.

As for the price, I got VPP pricing through my company, which is about $300-400 over invoice, plus doc fee, tags, title, etc. Tell them you want VPP-like pricing, even if you don't qualify. Tell them you're eligible for similar pricing with Lexus, so you're leaning that way unless you can get a steep discount with Infiniti.

andywatty

I would like to buy a new G35x with the following options in the next few weeks:
Premium package
Navigation Package
Chrome Wheels
Looking at previous posts for August 2007, I should ask for at least $1500 under invoice on the 07 due to a cash to dealer incentive. Since the 08's are just around the corner, the 07 will now be one year old. Looking at Edmund's "True Cost to Own" the 07's will take at least a $7,500 hit in depreciation the first year.
So, now my question.
If I can find the 07 I want (It's now August 23, 2007) shouldn't I offer a substantial amount below invoice due to depreciation? If so, what would be reasonable?
If not, will it be worth the wait for the 08 and will there be the cash to dealer incentive?
What would be a good price for the 08? I can't imagine they would be any more than 1 percent of the 07's. :shades:

sprinkler13

Actually, I think you need to read all the posts again. It has been stated MANY times already that the $1500 incentive is for the 2007 COUPES...not the Sedans. The sedans are not that difficult to sell yet and are still going for at least $500 over invoice depending on your location. Granted...as soon as the 08 SEDANS come out there will probably be some incentives to move the 07 Sedans, but since it's not a total re-design, it might not be as attractive as they are for the COUPES right now.

ivanl3

OK, I made my decision that I prefer the G35x over the MB C300 4Matic, but I am not sure it is going to happen. I cannot take receipt of a vehicle until 10/31/07 (date my current lease expires). The dealer tells me that he cannot lock in on lease terms until 10/1/07 (and thus cannot hold a vehicle for me). I need to wait until 10/1 to do the deal. The problem is that by then, there may not be any 2007 models left. I don't want a 2008 b/c Sirius is not available on them, only XM, and that is a deal breaker for me.

I want a 2007 black-on-black G35X w/ the Premium package and Sirius (no other options).

Thoughts?

ocg35man

I am kind of puzzled why you can't get into another vehicle right now?

You only have two months remaining on your current lease. You have few options. You can trade in your vehicle, hopefully mileage is okay and no serious damages on it. Another option is pay remaining payments and return your vehicle. You can even sell your vehicle to a private party,
if you have any equity.

If you are not seriously upside down or vehicle is damaged,
I don't see why you have to wait till 10/31/07 to get into
another buy or lease.

good luck

ivanl3

Yes, I know I could do something like that, but I think it will cost me. I am going to walk through it here. My current "lease" is actually a balloon loan (terms were much better from Audi in 2004 when I got the car, compared to a lease). All the typical components (mileage, buyout, condition of vehicle, etc.) still apply. This means several things: 1.) I actually still owe 3 payments, excluding the ballon payment. The 3 payments total $1190.49. 2.) My contract says early termination will cause me to pay a "minimum finance charge". It does not disclose the amount, but I belive it will be $135 (I calculated this by taking the total finance charges identified in the contract and divided by 48 mos. (term of the loan). This may not be completely accruate, but should be close. 3.) I am over in mileage. The loan allows for 60K miles. I already have 61,641 w/ 2 months and a week left. Penalty per mile is $0.25 if the car is returned to Audi 4.) Book value for the car in "Good Condition" (which it is) is $16,652 5.) Ballon payment on 10/31 is $15, 271. 6.) I have a private buyer lined up to buy the vehicle on 10/31 (for book value). I doubt he has the money to do the deal early, but assuing he does, he would have to pay $15,271 + $1,190 + $135 = $16,596 for me to be whole.......Hey, this may work!!!! That is right on book value....If he is willing to do it early and I am right on my assumption about finance charges, this may fly. Thanks for the thought. It is definitely worth digging into.....If the buyer cannot do the deal until 10/31, however, I am stuck b/c I do NOT want to pay the $0.25 mileage penalty that I would have to pay if I turned the car back into Audi. That would cost me about $1100 in overage fees....I will let you know how I make out.....If all this does fly, then comes the fun part, negotiating the terms of my new lease w/ the dealer. I love that part. I especially love telling them that I am not at all interested in the monthly costs only all the other components (sale price, MF, residual %, acq. fee, tags/trasfers, docs fees, residual, security deposit, etc.) and that I intend to neogtiate each one indivdually. That drives them crazy. They insist on talking monthly payment..And I keep telling them I do not care...

dwynne

I want a 2007 black-on-black G35X w/ the Premium package and Sirius (no other options).

Thoughts?

With you limiting yourself to just that car and saying you can't do the deal until the end of October my thought would be: "Good luck with that".

I would really surprised if you could find that exact 07 that later in the year. You will either have to take a different color or more options (or less) or get an 08. You can easily add an aftermarket Sirius tuner to any car and for sure the G sedan - so you may have to go with an 08.

Either get the car now, when/if you can find one, or will be unlikely to be able to get one that matches your limited specs later.

Dennis

andywatty

Apparently missed that. Sorry!
So, can I assume, after the 08's are out, dealers won't make deep cuts in the 07's even though they are technically 1 year model old now? Because they won't take a loss?
I normally keep my cars for at least 8-10 years so I'm way out of practice on car-buying savvy.
Please be kind and help me get the best deal on an 08 G35x black w/premium, nav and chrome wheels when they arrive.

gooddeal2

Well, it's possible that you can get a '07 for around or a little over invoice. For a '08, you might need to pay in the middle between invoice and MSRP. Because you keep your car for 8-10 years, you should get a '07 even if it's only 1000 to 1500 cheaper.

There's no diff. in price after 10 years between the two if they are in the same condition and miles. IMO.

ryanm4

Just got a phone call from the internet sales manager at Nalley in Atlanta about G35s. He told me they can offer $500 over invoice on any '07 G35.

sprinkler13

Here are a couple of things to remember as well. When calculating your "buy-out" payment at the end of the lease you might owe tax on the remaining portion. I'm not positive since yours is a balloon payment and I'm not really familiar with it. However, I know that when I was at the end of my last lease, I considered buying it and then selling it to try to get some equity out of it, however I found out that the residual value of my car did not include the tax I'd need to pay to buy it from the bank since it wasn't leased thru Infiniti. Another thing is that I don't understand why something like Sirius or XM would be a deal breaker on something like a car. I mean, the two will most likely be merging at which point the whole thing is moot. But even if you don't want XM in the interim, you can still plug in an external Sirius receiver if you couldn't live without it until they do merge. Just a thought.

sprinkler13

Well...you know what they say about assumptions....it's really hard to say what they may or may not do in a few months since it all depends on inventory and how bad they want to help dealers move cars. Every manufacturer is different. Maybe you will get lucky and they will have a large inventory of 07s that they really want to move and will have huge incentives on. For example, I just helped my girlfriend lease a new 07 Volvo S40. The dealer only had a few left, but the manufacturer was offering huge incentives to get them out so even with a limited inventory we still negotiated a cap cost that was almost $8k below INVOICE.

ivanl3

Thanks for the thoughts. With a balloon loan, I already paid tax up front (at the lower rate...6% vs. 9% for leases). Of course I paid tax on the full price, not just the leasesd portion. This resulted in a bit more tax, but overall the balloon loan was still a better deal at the time....As for Sirius, what can I say, Howard Stern is a show stopper for me...Only a few years left for him until he retires and I don't want to miss him. I hope that merger goes through, but it is not a risk I am willing to take. As for after market solutions, don't want to ruin that beautiful dash w/ an attachment. I have one in my Audi now. It is OK, but not nearly as nice as an integrated solution. Plus It is a problem when travelling, always searching for a FM frequency not in use so I don't have static....The integrated solution avoids that issue too.

ckitchy

I was offered sales price of 35,300
G35 Journey, Premium, Nav, & Tech packages (standard wheels)

claiming it was 600 over invoice...but i don't think so...and that tech package was included for no xtra $$$...what do you think?

this forum is great, thanx for help everyone...

scottm123

Invoice on an 07 Journey w/ Prem & Nav packages is $33,893.

Add $600 to that and you have $34,493.
That does not sound like the Tech pack is free.
Adding the Tech pack to the original invoice price brings the price to $34,841.

Add $600- to the Prem/Nav/Tech car brings the Invoice price to $35,081... so you'd be paying for the Tech pack... and then some.
So, either way, their pricing is off and they're not being truthful with you.

07 G35 Journey with Prem/Nav - $33,893(Invoice)
07 G35 Journey with Prem/Nav/Tech - $34,841(Invoice)

All prices above include Dest fee.($715-)

It's a good price for the car you're getting, but I have reservations on doing business with dealer's who treat people like morons.

Good luck!

ckitchy

Thanks, Scott -- it's good to hear it from someone else. have a good day!

andywatty

Great!
I live near the Spokane Washington area and there is only 1 Infiniti dealer for several hundred miles. They only have 1 G35x on the lot (not equipped the way I would like) but said they could trade with a dealer in Oregon.
Sounds like more $ to me. We haven't even talked money yet.
How does the math work out if I only kept the car 5 years? Still get the 07?
Thanks for your valuable input.
I was a bit disgruntled after the harsh response I got to my first ever post to this site.

sprinkler13

I totally understand you not wanting to ruin the dash...but what I was thinking is that at least in the short term, until the merger goes thru, you could plug one of those portable receivers into the Aux Input that is hidden in the arm rest. No need to do any modifications and then you can worry about getting the best car for you and still have Sirius Personally, I'd rather worry more about getting the best car and not have satellite radio be the deciding factor...especially since the Aux input basically gives you unlimited options.

sweendogy

tough situation-- I would consider talking to dealers in other areas and figuring out what they are offering -then go to your dealer and say this is what i can pay if not I will go to another dealer (if they dont bite then you should 1) think about going outside your area 2) waiting for the 08's).. You need to talk money if your interested in this car-- Now how does the math work out for 5 years?? what does that mean-?- price paid minus trade in plus taxes @ apr rate over 60mths for your monthly payment/. good luck

gooddeal2

I say after 5 years the diff. between '07 and '08 would be around that $1500 (give or take $200 or $300).

If the dealer wants more than $500 over invoice on a '07 AND you might get rid of the car in 5 years or less, you might just get the '08.

ohiogirl

How can I finance an '06 or '07 G35 Coupe or Sedan with monthly payments under 600.00? I would like my payments to be as close to 500.00 as possible. I would be making a down payment of 4,000.

Is this even possible? :confuse:

sweendogy

you can finance over 10 years

kyfdx

At 6.9% over 60 months.. $500/mo. will pay for a loan of $25,311. With $4000 down, you can buy a car that has a total cost, including tax of $29,311.

regards,
kyfdx

ohiogirl

You don't have to be snarky!

I was just wondering if it was at all possible. As I've been out of the car buying arena for a long time. I'll have to get a new car by years end because my current baby in going down.

ohiogirl

Thanks kyfdx. I've also researched leasing I just don't see what the benefit would be for me?

kyfdx

Well.. you should be able to get a lower payment. But, that doesn't necessarily make your total costs any lower than buying, in the long term.

Either buy an older model, or lower your sights a little. An Acura TSX would fit nicely into that price point.

regards,
kyfdx

sweendogy

just answering your question-- your talking about a 35k dollar car and your putting down 4k -- so 10 years works if you do the math

ohiogirl

Thanks Kyfdx.

Meh, a girl can dream about the Infiniti. I just don't want to cut into my spending money that much. When I look at the numbers compared to my situation I could pull of a 600 plus car payment. I just don't want to, but I would like to have the G35 Coupe. Maybe I'll get the poor man's G35, the Altima Coupe :shades:

superman2424

I still wonder why people BUY cars.. There's absolutely no benefit to owning a depreciating asset that is not tax deductible. Ohiogirl, do yourself a huge financial favor.. Do not put $4000 down and lease your car. If you're looking at an '06, chances are your lease payment will be under $500 and you'll have the car you want and $4,000 in the bank. What happens if you have an emergency and you purchased your vehicle? If you lease it, you have your $4,000 safety net in the bank and driving the same car. Say by the horrible chance you were in a car accident and the car was totaled.. Most likely you won't recoup the $4,000 unless you negotiated a very good deal from the dealership. Remember, today's dollar is worth more than tomorrow's.. Would you rather have $4,000 today or when you sell your car in 6 years (if you buy)?

ohiogirl

Sup thanks for the reply. I have money for a safety net. I'm just not 'lease' savvy. I've browsed the leasing threads and I get :confuse:

How does leasing affect your credit score? With leasing it just seems to me that your paying more for the car. You're making your monthly payments then at the end if you want to buy it you still have to pay more money? I just don't get it.

Please forgive me yall as I've said I've been without a car payment for 2 years and I bought my car in '01.

kyfdx

I've been without a car payment for 2 years and I bought my car in '01

There is nothing wrong with leasing in the right situation, but if you keep a car for six years, you are much better off buying..

You seem to have a good attitude towards your finances. Better to be safe than sorry.

regards,
kyfdx

stlouisjoe

I've been offered a price of 34,500 (already including dest) for an '07 G35x with the Premium Package and Splash Guards. How does this stack up to what others are getting?

Also, is anyone out there clear on how the VPP pricing works and how they determine the discount. If I have VPP pricing am I better off waiting for an 08 (when will they hit dealership floors?)

Thanks

ivanl3

That is $602 over invoice. A very good deal. You might get another $100 out of them if you push the issue, but that is a good deal. If you are leasing, we need to know all the other components of the lease to make sure the entire deal is a good deal, but as for sale price, IMO you have done well.

cadreamn

I'm hearing 08 sedans will hit floors in October. There is a link posted earlier in this thread to a Nissan website that details qualifications and pricing for VPP. I'm waiting for 08 as I have VPP and I like the tweaks planned.

ivanl3

Everything I have hard and read suggests December for the '08's, not October. But I wuld not bet my life on either one of those dates

stlouisjoe

I know some Nissan/Infiniti vehicles get locked out of the VPP program. Any chance they lock out the 08 G35x for a while?

cadreamn

I dealer in Ohio indicated they expect to receive in October and already have locator service up on them.

jblaze13

I am in the same situation. I was told by a dealer a few weeks back that they were supposed to be here in September. I was hoping the 08 would be here and they woulf offer incentives on the 07. I want the 18" wheel package on the G35x.

yogiowner

for all of you non-accountant's/ financial folks (smile) - just kidding....

these are the reasons to lease:
1. you can separate any liabilities incurred during business use from your personal assets.

2. you get to drive a more expensive car, than you can truly afford.

3. you like driving a new car every two or three years.

4. you can get a lease for a very desirable car, without any money out of pocket, your lease contract is not for more than two years, you are not hit with huge reconditioning (or whatever they call it now) or maintenance fees while you drive the car.

5. LEASING IS A LONG TERM RENTAL CONTRACT THAT CAN BE HARD TO BREAK, IF YOU NEED TO GET OUT OF IT.

I don't care what hocus pocus car dealers tell you, leasing is not cheaper in the long run. It is not even cheaper in the short run, depending on the model you lease, the amount of money you put out of your pocket, expenses the dealer makes you pay for when you return it and the famous money factor.

buying the car gives you more flexibility as to what to do with the car. btw, cars are not depreciating assets. they are liabilities. it is only an asset if you use it directly to earn income. NOT as a mode of transportation while earning income.

Why buy:

1. more flexibility as to what to do with the vehicle
2. tend to buy what you can afford
3. the interest rate (if you have decent credit) is usually cheaper than the money factor and all other miscellaneous costs incurred during the lease process.

Work on negotiating a good deal from the dealer. Also, don't buy a car that you cannot put down at least 30% of the value as a down payment (prevents you from being upside down in your loan, generally speaking).

I may not know a whole lot about cars, but i know how to keep as much money in my pocket as possible.

i know many will disagree with me, but i am living proof and so are my clients.

all the best everyone,

the fan....