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-   -   Anyone In GA Want A Nismo 370? (http://www.the370z.com/nissan-370z-general-discussions/10633-anyone-ga-want-nismo-370-a.html)

SgtGoldy 10-27-2009 09:07 PM

Anyone In GA Want A Nismo 370?
 
Check it out, good price IMO

Its a Magnetic Black Nismo 370 with only 1,809miles.
Just thought I would put that out there for the people who are users of the370z and still haven't bought a Z

2009 Nissan 370Z NISMO, $35,900 - Cars.com

CrownR426 10-27-2009 09:27 PM

That's not a good price imo

JoeD 10-27-2009 10:00 PM

Quote:

Originally Posted by CrownR426 (Post 255430)
That's not a good price imo

Of course not...because that is the price where it is listed. One would be foolish to list a car at a price where there is no room for negotiation.

Figure it could be talked down to roughly $32K if you are a buyer.

Smallywood 10-27-2009 10:13 PM

NAVI :bowrofl:

http://images.cars.com/main/MDC/51/7...itPad/b:dddddd

Matt 10-27-2009 11:14 PM

Quote:

Originally Posted by CrownR426 (Post 255430)
That's not a good price imo

2-3k less than what you'll pay at the dealership, with less than 2k miles....while it's not a stellar deal, it's certainly not bad, especially considering the possibility of some negotiating like the OP said.

edeeZee 10-27-2009 11:22 PM

Quote:

Originally Posted by JoeD (Post 255475)
Of course not...because that is the price where it is listed. One would be foolish to list a car at a price where there is no room for negotiation.

Figure it could be talked down to roughly $32K if you are a buyer.

You really think ~ $32K is realistically what you can buy this car for?

Matt 10-27-2009 11:46 PM

Quote:

Originally Posted by edeeZee (Post 255578)
You really think ~ $32K is realistically what you can buy this car for?

You should come to expect unrealistic from JoeD by now.

JoeD 10-28-2009 12:41 AM

Quote:

Originally Posted by edeeZee (Post 255578)
You really think ~ $32K is realistically what you can buy this car for?

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.

edeeZee 10-28-2009 02:35 AM

Quote:

Originally Posted by JoeD (Post 255620)
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.

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).

mattkim85 10-28-2009 02:49 AM

hmm from what i have heard, once you sign all the paperwork
the car depreciates in value 20%. That is the main reason experts recommend putting down at least 20% for the car just so that if you run into financial instability, you would not be hurt by it as much.

20% of $40k is $8000

so IMHO $32,000 - $33,000 sounds about right.

edeeZee 10-28-2009 03:06 AM

Quote:

Originally Posted by mattkim85 (Post 255681)
hmm from what i have heard, once you sign all the paperwork
the car depreciates in value 20%. That is the main reason experts recommend putting down at least 20% for the car just so that if you run into financial instability, you would not be hurt by it as much.

20% of $40k is $8000

so IMHO $32,000 - $33,000 sounds about right.

Ask Fusz if my reasoning is correct.

And nooooo, you heard wrong. Cars don't deppreciate 20% "once you sign all the paperwork." :rofl2: "That is the main reason experts recommend putting down at least 20% for the car just so that if you run into financial instability, you would not be hurt by it as much."-if you're gold-balls credit, make lots of money, have a high 'revolving availability'--you can roll outta the Porsche dealer with just drive-off's i.e. ~10.5% in state of CA.

JoeD 10-28-2009 02:53 PM

Quote:

Originally Posted by edeeZee (Post 255679)
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).

Sure. :ugh2:

shabarivas 10-28-2009 04:18 PM

So you are saying edeezee that if i got a brand new nismo off the dealer lot... put one mile on it... it would fetch pretty much what I paid to the dealer?

Modshack 10-28-2009 04:35 PM

Quote:

Originally Posted by edeeZee (Post 255679)
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. .

So you were basically stealing from your employer??...Nice..

Quote:

Originally Posted by shabarivas (Post 256338)
So you are saying edeezee that if i got a brand new nismo off the dealer lot... put one mile on it... it would fetch pretty much what I paid to the dealer?

Edeezee will give you $25K for it...Not to worry!....

370Zsteve 10-28-2009 05:23 PM

Quote:
<table width="100%" border="0" cellpadding="6" cellspacing="0"> <tbody><tr> <td class="alt2" style="border: 1px inset ;"> Originally Posted by edeeZee http://www.the370z.com/images/buttons/viewpost.gif
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. .
</td> </tr> </tbody></table>
So you were basically stealing from your employer??...Nice..

Quote:
<table width="100%" border="0" cellpadding="6" cellspacing="0"> <tbody><tr> <td class="alt2" style="border: 1px inset ;"> Originally Posted by shabarivas http://www.the370z.com/images/buttons/viewpost.gif
So you are saying edeezee that if i got a brand new nismo off the dealer lot... put one mile on it... it would fetch pretty much what I paid to the dealer?
</td> </tr> </tbody></table>

Quote:

Originally Posted by Modshack (Post 256373)
So you were basically stealing from your employer??...Nice..



Edeezee will give you $25K for it...Not to worry!....

:owned:


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