Nissan 370Z Forum

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-   Nissan 370Z General Discussions (http://www.the370z.com/nissan-370z-general-discussions/)
-   -   Buy-Back/Trade-Back (http://www.the370z.com/nissan-370z-general-discussions/19974-buy-back-trade-back.html)

Nick911sc 06-01-2010 03:04 PM

Actually, I think Kannibul should schedule a US tour in order to inform high school students about the effects of these decisions. Might help pay off some of those impulse purchases.

Modshack 06-01-2010 03:04 PM

Quote:

Originally Posted by kannibul (Post 558536)
The price I am paying for the car is $43999, plus $2K for TT&L. plus $2600 for an 84mo warranty, plus what I owe for the Z when compared to the buy-bid.

You have an unbelievable ability to rationalize this decision (and the numbers). Face it, they sold you the vette at $3000 more than you could have bought it elsewhere, and gave you $26,500 (wholesale, actual cash value for your Z). Doesn't matter how you play with the numbers, those are the facts. Your upsidedownness is what got you in trouble. Compounding that with another purchase is a fools game........

The dealer's profit on that deal (including the warranty) was around $5,000+, Plus his finance kickbacks, Plus another $3500 if he sells your Z for $30K (about what it's worth retail). In the car Biz, they call that a "Home Run"....right Lou?

In the realm of psychology, there's a word for all this... http://en.wikipedia.org/wiki/Cognitive_dissonance You are a classic example ...

FuszNissan 06-01-2010 03:06 PM

21 people viewing this thread...lol

IDZRVIT 06-01-2010 03:11 PM

This beats watching "The Young and the Restless"!:rofl2:

m4a1mustang 06-01-2010 03:11 PM

If you are going to finance a vehicle it's important to research resale values over time so you know the minimum amount of cash you need to put down so you're never underwater on the loan. I think most of us did this. :D

Sibze 06-01-2010 03:13 PM

This is the best thread ever!

Modshack 06-01-2010 03:17 PM

Quote:

Originally Posted by Sibze (Post 558568)
This is the best thread ever!

:tup:.....:iagree:

m4a1mustang 06-01-2010 03:18 PM

Quote:

Originally Posted by Modshack (Post 558571)
:tup:.....:iagree:

:iagree:

fairladyZ34 06-01-2010 03:28 PM

if someone can briefly summarize what happened, i seem to have missed an epic thread

Jeffblue 06-01-2010 03:33 PM

The only way i can think that selling your car for another car for financial reasons is if you downsized. I think most would agree with me, that unless you were selling your Z and buying a much LESS expensive car, you are making a bad choice. You would have been best off just keeping the Z and enjoying it. At this point it'd have been a financial wash between keeping the Z and enjoying it or buying a camry and not enjoying it.

FuszNissan 06-01-2010 03:36 PM

I say go buy gap Insurance and run it into a tree.

Modshack 06-01-2010 03:36 PM

Quote:

Originally Posted by fairladyZ34 (Post 558585)
if someone can briefly summarize what happened, i seem to have missed an epic thread

http://www.the370z.com/nissan-370z-g...hip-today.html

fullmonty 06-01-2010 03:36 PM

Quote:

Originally Posted by FuszNissan (Post 558595)
I say go buy gap Insurance and run it into a tree.

VDC on or off?

shadoquad 06-01-2010 03:38 PM

Quote:

Originally Posted by fullmonty (Post 558597)
VDC on or off?

:icon18: Better take it off, just to be sure...

fairladyZ34 06-01-2010 03:40 PM

Quote:

Originally Posted by Modshack (Post 558596)

ooh this thread hahaha, i was there at the start then saw it got locked and didnt bother reading thru it:roflpuke2:


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