Nissan 370Z Forum  

Ridiculous trade-in appraisal...

Has anybody else tried to trade in their Z? I have a 2009 Base w. Sport 6MT with 10,600 miles in excellent condition. I was at an Infiniti dealer in

Go Back   Nissan 370Z Forum > Nissan 370Z General Area > Nissan 370Z Pricing / Ordering Discussions


Reply
 
LinkBack Thread Tools Display Modes
Old 04-30-2010, 09:02 PM   #1 (permalink)
Base Member
 
Join Date: May 2009
Location: Fairfax, VA
Posts: 21
Drives: 2009 370Z Sport/6MT
Rep Power: 16
Krept is on a distinguished road
Default Ridiculous trade-in appraisal...

Has anybody else tried to trade in their Z? I have a 2009 Base w. Sport 6MT with 10,600 miles in excellent condition. I was at an Infiniti dealer in VA and initially got offered 21k for my car!! I was insulted and they then offered me 1500 more...and this was for "excellent" condition according to them too. Blue book value is 26,900 in good condition. I know its hard to get blue book value for a trade but seriously, lowballed almost 6k!? Has anybody else had experiences trading in their Z or does anybody know any dealers in NoVa. that actually give blue book value or close to? Thanks.
Krept is offline   Reply With Quote
Old 04-30-2010, 09:07 PM   #2 (permalink)
Administrator
 
Trips's Avatar
 
Join Date: May 2009
Location: Disneyland, Ca
Posts: 8,730
Drives: 🔰
Rep Power: 10
Trips has a reputation beyond reputeTrips has a reputation beyond reputeTrips has a reputation beyond reputeTrips has a reputation beyond reputeTrips has a reputation beyond reputeTrips has a reputation beyond reputeTrips has a reputation beyond reputeTrips has a reputation beyond reputeTrips has a reputation beyond reputeTrips has a reputation beyond reputeTrips has a reputation beyond repute
Default

Selling it to a private party is almost the best way to sell your car.
Going to trade in your car normally results in you dropping your Pants and bending over and grabbing your ankles.... thats reality sorry.
__________________


http://www.the370z.com/payments.php
Trips is offline   Reply With Quote
Old 04-30-2010, 09:11 PM   #3 (permalink)
Base Member
 
Join Date: Apr 2010
Location: Lubbock
Posts: 214
Drives: 09 Nissan 370z A6
Rep Power: 15
nolan1016 is on a distinguished road
Default

They were trying to help you out, by convincing you to hold on to your z. You should be happy
nolan1016 is offline   Reply With Quote
Old 04-30-2010, 09:14 PM   #4 (permalink)
Base Member
 
Join Date: May 2009
Location: Fairfax, VA
Posts: 21
Drives: 2009 370Z Sport/6MT
Rep Power: 16
Krept is on a distinguished road
Default

Yes of course private party will get you more if you have the time and patience. As for strictly a trade though, I just find it ridiculous that consumers are only allowed access to blue book, NADA, etc. and not what dealers actual use. Why do sites like Kelley Blue Book even exist if dealers don't even come close to matching?
Krept is offline   Reply With Quote
Old 04-30-2010, 09:21 PM   #5 (permalink)
A True Z Fanatic
 
Matt's Avatar
 
Join Date: Oct 2009
Location: Augusta, GA
Age: 41
Posts: 1,680
Drives: 2010 Avalanche LT
Rep Power: 19
Matt is just really niceMatt is just really niceMatt is just really niceMatt is just really nice
Default

Quote:
Originally Posted by Krept View Post
Yes of course private party will get you more if you have the time and patience. As for strictly a trade though, I just find it ridiculous that consumers are only allowed access to blue book, NADA, etc. and not what dealers actual use. Why do sites like Kelley Blue Book even exist if dealers don't even come close to matching?
Those sites exist so you know you're being ripped off. Imagine if they didn't exist, you might think 21k was a good deal!
__________________

"Any man who can drive a 370z while kissing a pretty girl is simply not giving the Z the attention it deserves." Albert Einstein....modified.
Matt is offline   Reply With Quote
Old 04-30-2010, 09:50 PM   #6 (permalink)
Base Member
 
Join Date: Mar 2009
Location: Port Washington, WI
Age: 47
Posts: 183
Drives: 2004 RX-8
Rep Power: 16
mjd77 is on a distinguished road
Default

Quote:
Originally Posted by Krept View Post
Has anybody else tried to trade in their Z? I have a 2009 Base w. Sport 6MT with 10,600 miles in excellent condition. I was at an Infiniti dealer in VA and initially got offered 21k for my car!! I was insulted and they then offered me 1500 more...and this was for "excellent" condition according to them too. Blue book value is 26,900 in good condition. I know its hard to get blue book value for a trade but seriously, lowballed almost 6k!? Has anybody else had experiences trading in their Z or does anybody know any dealers in NoVa. that actually give blue book value or close to? Thanks.
I find this extremely interesting. I'm thinking about looking for a used 2009 Z rather than buying new and I'm looking for base + sport + MT. I found 2 of them within a reasonable distance from me. One was yellow with 13,100 miles and the dealer was asking 30,600 for it and the lowest they would go is 30k even. Had several small chips on the hood and needed new tires. I pretty much laughed and walked away. Found the other one on the internet and it was silver with 11k miles. Didn't really inquire further but they wanted over 30k for that one too.

Is it just me or are those prices way too high? I could use VPP pricing and get a 2010 for that much.

Given the economy I would probably be willing to pay 25-26k for a used base + sport and if 21-22k is really what they are giving for trade, then 25-26 should more than reasonable to pay used.

Last edited by mjd77; 04-30-2010 at 09:55 PM.
mjd77 is offline   Reply With Quote
Old 04-30-2010, 10:02 PM   #7 (permalink)
Base Member
 
Join Date: May 2009
Location: Fairfax, VA
Posts: 21
Drives: 2009 370Z Sport/6MT
Rep Power: 16
Krept is on a distinguished road
Default

If you would like to come down to the DC area I would make deal with you for $26,500. See my for sale thread in the classified section for pics. or PM me if you would like more info.
Krept is offline   Reply With Quote
Old 04-30-2010, 10:21 PM   #8 (permalink)
A True Z Fanatic
 
Join Date: Jun 2009
Location: Jenks, OK
Posts: 2,281
Drives: 370z Touring/Sport
Rep Power: 267
kannibul has a reputation beyond reputekannibul has a reputation beyond reputekannibul has a reputation beyond reputekannibul has a reputation beyond reputekannibul has a reputation beyond reputekannibul has a reputation beyond reputekannibul has a reputation beyond reputekannibul has a reputation beyond reputekannibul has a reputation beyond reputekannibul has a reputation beyond reputekannibul has a reputation beyond repute
Default

There's a reason why unfavorable people can sometimes be referred to as "used car salesmen"

There is way too much profit margin built into used cars these days. It's marketed as "good resale value" - but in all reality, it just means overinflated numbers...
kannibul is offline   Reply With Quote
Old 04-30-2010, 10:30 PM   #9 (permalink)
The370Z.com Sponsor
 
Mike's Avatar
 
Join Date: Jun 2009
Location: Loganville, GA
Posts: 5,944
Drives: 370z
Rep Power: 2186
Mike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond repute
Default

they offer you nothing because they know that a new car purchase is an emotional thing and not a rational decision.

Good for you to walk away, but for every person who does walk away, they probably get 5 sales from people who really want that new car.
__________________
NISSAN: 75 280Z / 86 300ZX GLL /87 Sentra SE / 03 350Z / 23 Z
Porsche: 93 968 / 23 Macan GTS / 93 968
Mike is offline   Reply With Quote
Old 04-30-2010, 10:32 PM   #10 (permalink)
Retired admin
 
frost's Avatar
 
Join Date: Dec 2008
Location: Winterfell
Posts: 106,613
Drives: Your Wife Crazy
Rep Power: 0
frost frost frost frost frost frost frost frost frost frost frost
Default

Quote:
Originally Posted by Mike View Post
they offer you nothing because they know that a new car purchase is an emotional thing and not a rational decision.

Good for you to walk away, but for every person who does walk away, they probably get 5 sales from people who really want that new car.
Well said Mike.
__________________
370z OG

Quote:
Originally Posted by rooftop View Post
<insert snarky, slightly condescending frost joke>
frost is offline   Reply With Quote
Old 04-30-2010, 11:19 PM   #11 (permalink)
Base Member
 
pauley's Avatar
 
Join Date: Mar 2010
Location: Md
Posts: 103
Drives: 09 370Z + 07 G35S
Rep Power: 15
pauley is on a distinguished road
Default

That's how the make money, lowball on trade-in 4k and then sell your trade-in to someone for 4k over kbb. So they made 8k of your trade not including the money they make of the new car you got! Constant screw over.
__________________
2009 370Z Blk/Blk Touring/Sport + 2007 G35SModified
pauley is offline   Reply With Quote
Old 04-30-2010, 11:31 PM   #12 (permalink)
Enthusiast Member
 
buddahson's Avatar
 
Join Date: Jul 2009
Location: Boulder, CO
Posts: 272
Drives: 09 370z, 07 R6
Rep Power: 16
buddahson is on a distinguished road
Default

Quote:
Originally Posted by mjd77 View Post
I find this extremely interesting. I'm thinking about looking for a used 2009 Z rather than buying new and I'm looking for base + sport + MT. I found 2 of them within a reasonable distance from me. One was yellow with 13,100 miles and the dealer was asking 30,600 for it and the lowest they would go is 30k even. Had several small chips on the hood and needed new tires. I pretty much laughed and walked away. Found the other one on the internet and it was silver with 11k miles. Didn't really inquire further but they wanted over 30k for that one too.

Is it just me or are those prices way too high? I could use VPP pricing and get a 2010 for that much.

Given the economy I would probably be willing to pay 25-26k for a used base + sport and if 21-22k is really what they are giving for trade, then 25-26 should more than reasonable to pay used.


I just bought my 2009 6my base + sport a few weeks ago used. It had 2700 miles on it and the dealer was asking 32k for it. The car was 5 hours away so I spoke to them on the phone. Initially I thought it was a sport + touring and I got them down to 28,500 and was considering it. After looking at the pictures I realised it was not a touring and talked them down to 27k. They had thought it was a touring as well so thats why the price was initially inflated. I feel I got a great deal because prices in the denver tend to be a few thousand more than other areas. I think its due to the fact that there are so few RWD cars here. I say keep looking, anything under 28k for a used base + sport 6mt is worth considering.
buddahson is offline   Reply With Quote
Old 04-30-2010, 11:51 PM   #13 (permalink)
Base Member
 
Join Date: May 2009
Location: San Antonio, TX
Posts: 160
Drives: Nissan
Rep Power: 16
Mercennarius is on a distinguished road
Default

Quote:
Originally Posted by Krept View Post
Has anybody else tried to trade in their Z? I have a 2009 Base w. Sport 6MT with 10,600 miles in excellent condition. I was at an Infiniti dealer in VA and initially got offered 21k for my car!! I was insulted and they then offered me 1500 more...and this was for "excellent" condition according to them too. Blue book value is 26,900 in good condition. I know its hard to get blue book value for a trade but seriously, lowballed almost 6k!? Has anybody else had experiences trading in their Z or does anybody know any dealers in NoVa. that actually give blue book value or close to? Thanks.
Have you not traded a car in before? Having worked in the car business for a short period I can tell you this is normal. Dealers NEVER offer bluebook for a car, they offer the lowest price a car similar to yours fetched at auction recently. If your cars bluebook is $30,000, and they pull up in their system that one like yours sold at an auction for $24,000 they'll offer you $22,000 and see if you take it. If not they will work there way up to the $24,000. Your never going to come out ahead or even close to even when you trade in a car....ESPECIALLY a relatively new car.
Mercennarius is offline   Reply With Quote
Old 04-30-2010, 11:54 PM   #14 (permalink)
A True Z Fanatic
 
FuszNissan's Avatar
 
Join Date: May 2009
Location: St. Louis
Posts: 14,275
Drives: Pure Sex
Rep Power: 542
FuszNissan has a reputation beyond reputeFuszNissan has a reputation beyond reputeFuszNissan has a reputation beyond reputeFuszNissan has a reputation beyond reputeFuszNissan has a reputation beyond reputeFuszNissan has a reputation beyond reputeFuszNissan has a reputation beyond reputeFuszNissan has a reputation beyond reputeFuszNissan has a reputation beyond reputeFuszNissan has a reputation beyond reputeFuszNissan has a reputation beyond repute
Send a message via AIM to FuszNissan Send a message via Skype™ to FuszNissan
Default

Quote:
Originally Posted by Matt View Post
Those sites exist so you know you're being ripped off. Imagine if they didn't exist, you might think 21k was a good deal!
Too bad they don't buy your cars
__________________
Mods: Too Many to list!
LouFuszNissan

ZDAYZ 2012
FuszNissan is offline   Reply With Quote
Old 05-01-2010, 12:23 AM   #15 (permalink)
Track Member
 
Join Date: May 2009
Location: Ohio
Posts: 699
Drives: 370Z-AT7 Tour+Sport
Rep Power: 375
ZKindaGuy has a reputation beyond reputeZKindaGuy has a reputation beyond reputeZKindaGuy has a reputation beyond reputeZKindaGuy has a reputation beyond reputeZKindaGuy has a reputation beyond reputeZKindaGuy has a reputation beyond reputeZKindaGuy has a reputation beyond reputeZKindaGuy has a reputation beyond reputeZKindaGuy has a reputation beyond reputeZKindaGuy has a reputation beyond reputeZKindaGuy has a reputation beyond repute
Default

Quote:
Originally Posted by Triple's View Post
Selling it to a private party is almost the best way to sell your car.
Going to trade in your car normally results in you dropping your Pants and bending over and grabbing your ankles.... thats reality sorry.
What?!!! No Vaseline??!!!!!

ZKindaGuy is offline   Reply With Quote
Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
ridiculous camber 4r3s The Lounge (Off Topic) 8 04-18-2010 04:45 AM
Your Most Ridiculous OCD Move OldGuy Nissan 370Z General Discussions 45 03-06-2010 06:28 PM
**Ridiculous!** 370z_Sith Nissan 370Z General Discussions 53 11-02-2009 11:48 AM
Ridiculous car mods molamann The Lounge (Off Topic) 13 09-01-2009 06:20 PM
Ridiculous driving TheManTheMyth The Lounge (Off Topic) 27 01-02-2009 02:27 AM


All times are GMT -5. The time now is 07:56 PM.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.6.0 PL2