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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 |
That's not a good price imo
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Figure it could be talked down to roughly $32K if you are a buyer. |
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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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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). |
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. |
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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. |
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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?
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<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:
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