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The car has navigation, the premium package, sport wheels, and the tech package. Black on Black. Brand new 2007.
2008 G35 Journey, MSRP $32,050 Invoice $29,480
NAV MRSP $2,150 Invoice $1,853
PRM MSRP $2,500 Invoice $2,155
SPT MRSP $1,650 Invoice $1,422 (the new Sport package)
Misc stuff: cargo net $60 sticker/$46 invoice, splash guards $150/$114, and trunk mat $100/$75.
The dealer stated the announced MSRP has already been increased by $150 on all G35 models, so in other words, they are saying the MRSP of the G35 Journey is not $32,050 but $32,200. No way to confirm if this is true or profit.
The 2008 model has 5-speed AT (same as 2007). XM radio is now standard. Like the G37 Coupe, the PRM package now has the "Infinity Interface for iPod" and the "Drivers Audio Stage". The NAV package adds the Rear View Monitor that was in the '07 TECH package.
Dealer is not willing to negotiate much, but they are offering about $2k below MSRP, which makes it about $1500 above invoice. Not exactly sure if it's a "deal" or not...
kc
As the months roll by, the 07's can be had for less.
With the 08's being brand new, I'd assume you'll see the same.
Some dealers with higher sale rates will not budge in the beginning, and most will slowly start to slide toward Invoice as the months roll on.
The dealer has located a car with the color and options I like (PRM/NAV/SPT) and is having it transfered to them prior to arrival at the port (that way it gets shipped to them like normal instead of someone driving it to the dealer). I've been pleased with the sales experience so far so I have no complaints. Just wish the car was here sooner
kc
Thanks in advance
kc
Vehicle price: 37,864
cap cost reduction: 3,192
Adj.Cap cost reduction : 34,671
Residual : 21,513
Depreciation: 13,158
Rent: 5,193
Total of base payments: 18,351
# of payments: 39
Base Payment: 470
Monthly tax(6%) 28
total payment: 498
This deal is contingent on me trading in my car and the dealer giving me 5,000 to cover the following
cap cost reduction: 3,192
Doc Fee: 299
Sales Tax : 245
1st Month payment: 498
Aqustion. Fee: 595
Lic. Fees: 160
Total drive off: 5000
Please any help is great!! I have this deal on the table!!
On the base package the lowest I got was 33300. Im thinking it should be lower or am I wrong?
Especially after the dreaded 1200 mile break-in period.
At least you're already half way there.... let's hope those 600 were easy miles!
Sounds like you paid $500 over invoice.
I paid more like $1,500 over invoice, but that was back in the beginning of the year and I had 10.5 miles on mine.
I also opted for the Tech pack & wood trim, which made the car very hard to find. I was also pretty firm on my color choice.
The special order made making a deal that much more difficult. (X's are VERY popular here in NE)
I've had it since April and the novelty has not worn off at all yet... still look forward to driving every chance I get.
i am glad that folks are thinking about the value of their money. that is the great advantage of forums like this.
mr. superman2424, if you cannot put down 30% you probably should not buy a car at that price. true it is a blanket statement. it is meant to be...guidance. very, very rarely is one able to match the interest earnings rate with the interest and finance charges assessed when purchasing a vehicle. How do i know?
I ran the numbers. I am fortunate in that I have excellent credit and could put more than 30% down. What was the result? A low interest cost..overall lower costs during my ownership of the car. AND best of alll - I AM NOT UPSIDE DOWN in my car loan.
A car is not an asset. It is a possession and a depreciating liability. all one ever does with a car (unless it is used for business) is spend money on it - gas, maintenance, insurance, etc. Assets earn money. Collectable cars may be considered assets, in that it increases in value. However it is simply wrong to think of a car as an asset. It is a possession. It is only assets to dealers, who sell them for profit and spend very little on maintenance, etc.
I would respectfully challenge you to find a financially secure person who understands the value of a dollar, assets, investsments and liabilities to tell you that you should put down as little money as possible on a car, thus maximizing the loan AND risk being UPSIDE DOWN.
Leasing is a lifestyle choice. It should not be regarded as a financial one.
Thanks for the thoughts and input.
I'm in NC, we have excessive doc fees here too. I read about $45 doc fees in CA and it makes me quite jealous. I have never been successful in getting a dealer to drop or even reduce a doc fee. I've used the VPP pricing, and talked with my sales manager about how the VPP terms omit any reference to required doc fees (it's just the VPP calculated price plus any dealer-added options, plus tax/tag/registration fees....no doc fees). It was fruitless, he said he even had to pay the doc fee when he bought his personal car. I understand that it depends on the dealer and some will negotiate it, but I haven't been so lucky in NC (or even know anyone that has).
Second, it appears we need to go back to accounting 101 for some of the individuals here. A car can be an asset, and expense or a liability. Here are examples.
A single car payment is an expense
A car is an asset if it can be sold for more than is owed
A car loan is a liability
For 95% of the population, their car is a liability, but for those dumping large sums to purchase the vehicle, it is an asset and a depreciating one.
You are correct stating that an idividual should not be upside down in their car. That indeed creates a poor financial situation, but again demonstrates the importance of this forum and negotiating a fair deal as a consumer.
Frankly, telling people to put 30% down on a car is very poor financial advise. A good financial rule is that rich people are those that put their money in assets and poor people put their money in liabilities. So why in the world would you advise someone to put their money in something that eventually becomes an asset with very little value once it is owned??? There is a list of books I can recommend to you if you do not believe me or simply understand the logic.
The individual that stated that every person's situation warrants a different action is 100% correct. But there is rarely a situation in which an individual should dump 30% down on a car in cash. It's poor financial suggestion and one I hope you are not presenting to individuals you know.
Platinum graphite, graphite interior, premium, nav & tech., splash guards & trunk net, stickered @ $38,515, bought for $35,600 plus tax, license & reg.
I'm told I paid $500 over invoice. Another dealer was selling at invoice but I didn't want the black on black and he low balled me on my 350z trade.
The 08's are on the lots. They include the back-up camera.
Bought 2007 G35 Journey with Premium, Nav, wood trim, cargo net, splash guards. Black exterior, wheat interior.
34,680.00 plus T,T,&L.
It is a sweet ride, very happy with the purchase and the price. Now is the time to jump on the 2007s, with arrival of 2008 here or on the way.
36 months
MF = 0.003
Residual = 54%
It would help me whe I start to deal on an 08 G35x.
Anybody else have invoice numbers on the X and the packages for the 08's?
The dealer stated the reason they are going with the Journey + Sport Package vs the previous Sport model approach was to make the 6MT the only "Sport" model of the car for depreciation purposes. Apparently, in 2007 and prior, the G35 Sport w/ AT and G35 Sport 6MT depreciated at the same rate. Now, by having the Sport model only available in 6MT they can set a different depreciation rate compared to the Sport w/ AT (aka Journey w/ SPT package).
Also, the premium package and sport packages on the G35x are cheaper than the non-X version ($2500 vs $2300 for PRM, and $1650 vs $1100 for SPT). I do not know the invoice prices on the X versions.
kc
Car- $31371
Nav- $1853
Prem- $1955
Net- $ 40
Splash-$ 114
Wheels-$ 400
Total- $35733
I'll take one please.
After about 5 min he came back over with the sales manager and to my shock he told me that he would sell it to me at invoice.
I know this is a pretty good deal but I am wondering since the 2008's are going to be hitting show rooms if Infiniti will put some incentives out either the end of this month or in Oct on the 2007's.
kc
I offered $500 over invoice for a fully loaded Black G35x w/ Nav, Prem and rosewood. The salesmen said he could do that so we are going to close early next week. I noticed one post that said the invoice price INCLUDES the destination charge. Is this correct? I guess I should know that for sure when I walk into the dealership with all my internet information to close the deal.
Did they quote you 35745+500 or around that number.
I am in the market as well. Did anybody buy from DC/VA/MD recently - if you could quote your experience that would be of great help.
kc