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Old 03-16-2010, 02:13 PM   #26 (permalink)
scruffydog
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Quote:
Originally Posted by Rick370z View Post
Hi Everyone,

I have been reading this forum for awhile, but just registered today, because I am officially a Nissan 370z owner, sort of..

I bought a 40th today, instead of picking the one currently in the showroom,..I decide to wait for the second one that plan to arrive around 3/26. Here is my experience and what I encountered, hopefully this can help other future buyers.

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1. Talked to 3 different dealerships around my area during February and I got three different quotes. Dealership A $37,800, Dealership B $37,600 and Dealership C $39,500.

2. I then used AMEX Auto purchase site ( American Express | Car Buying Home Page ) and got two quotes for the 40th. $36,032 and $36,132, but the dealers provided by AMEX NEVER contacted me...oh well...

3. I called all three dealers A,B,C back again around end of Feb..and I said I will take the car, if I can get a $37K deal. All 3 dealership stand firm on their price and told me this is a unique car, their managers will not lower the price.

4. March comes, Dealership B contacted me. I told him $36K, he said he can't..so the conversation ended.

5. I then read on this forum that some member paid $34.8 with VPP and $36.7K without, so I think $36.5K is a range acceptable to me. As I drafting my email to dealership B to offer this price, he contacted me and gave me $36.4K.

6. My OTD price is $36.4K + $3870(T/T/L) = $40.3K

7. I told the dealer I will finance 20K at first, and they gave me 5.99% for 48 and 60 months. In the printout I see the interests will be around $2.5K and 3.3K respectively.. so I decided to pay cash, then he offer me 3.75% instead if I buy the extend warranty 6yr/75K miles which is $1.9K with Costco card membership (w/o is $2.7K).. Anyway, I didn't buy the extended warranty.. but should I?. The dealer told me after the first year of the factory warranty, if something broke, you need to pay service $210 for tech just to look at your car, if you buy this warranty, it is covered... is this true?, anyway.. I still have 2 weeks to decide before the car arrives..

Conclusion.. I think I can get a better deal than $36.4..maybe in the $35K range... since their first 40th has been sitting on the showroom for 3 weeks and not sold. The car still sitting there and they priced it @ $42K when I was there to sign the paper today. I spent 5 weeks to work out this deal..I think I should spend longer to save an extra 1k...
I would wait it out until you get a deal around what you expect, which is around 36K, dealerships are way over there head if they think they can get MSRP. I saw 2 40th anniversary edition in one dealership just sitting around since last month, and the reason I know is because I'm also trying to work a deal on getting a 370z. Not a 40th though since I wanted a Nav, so instead I'm just gonna get a fully loaded one. But I tell you, some dealership may just end up playing ball with the VPP if they're under pressure in just making numbers and not just pure profit off of one car. And if you're telling them you have a VPP that's expiring soon and are ready to buy, you may have an upper hand. Who knows, that's just my 2 cents. I have a dealership right now that's honoring a VPP price for a car that I'm ordering (which means they may not actually make any money) just to meet numbers. So we'll see. I also don't wanna get my hopes up on my end either.

Hope this helps a little.
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