Quote:
Originally Posted by JoeD
I overlooked the fact that is was listed at $35.9K, so merely shaving off $3K puts it at a 32-handle, but of course in the very high 32s.
Regardless of error in semantics...negotiating at least $2,500 off a car listed in the mid-30s is completely within reason. Standing corrected, $33,500 would be the most realistic price for this car, still making the car a good deal for the buyer.
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Arbitrary on you.
If a Nismo is say $40K MSRP, invoice is $37K, a dealer might get away with buying it off your hands for $32K.
Private party or on the street, there's no way you can buy this for even $33.5K with 1,900 miles. I used to be a car salesman, and what I often did was "curb trades." What this is when the customer had a "hot" car to trade, or a car I knew was easy to "flip" on the streets, I'd buy it off their hands instead of letting them trade it in to the dealer; e.g. Honda Civic hatchback EG (1992-95) I'd buy for like $1,000-1500 whereas the dealer would buy for $500, then I'd turn around and sell i for $3,000. A $1,500-2,000 arbitrage. The point, I bought and sold lots of cars on the street as well as retail at a new car dealerships, and you're, politely put--a wishful thinker--who has no grasp nor experience.
If we work on invoice price for a Nismo, starting point $37K, and this Nismo has 2000 miles; 2000 miles of 15,000 is like 13.3% of total depreciation. Thus, I'd REALISTICALLY imagine from historical Blue-Book and Nada depreciation, that this Nismo will lose 20% of value after 1 year or 15,000 miles of use. 13.3% of 20% = 2.6%. 1- 0.026 =97.34%, thus this Nismo is worth about $37K x 0.9734 =$36,000 (based on invoice price).