Need your opinion....Please
 

Guys give me your opinion on this, I currently bought also 09 370Z MB 6speed Sport Touring 22,617miles at a dealership in IA. I offered them 27K OTD. But now I have to pay the Registration,and title fees,etc.The dealer sent my money back only for the tax . They cant process the tax and the rest, reason being they are out of state. Asking or advertise price was $26,499. The dealer said I can return the car.What do you think I should do? I want them to pay the Reg.and fees,and the under tax that thet estimated.

What city in Iowa

Yes Eggerstout

What does your paperwork document for title and registrations fees, taxes, this is what i would check, if it comes down to how you feel about the deal, by all means take the car back, if the car makes you happy and you are willing to take the $300-400 dollar hit for reg and title then keep it

I feel like,I was being deceived after the sale.the salesman told me when I was dealing with him on the phone,that I will receive the L plate in a week after the sale.I like the car,that is why I don't know what to do.I'm not sure if the price is fair?

Too much its better off to buy new, just got a 2012 manual and sport package for $34k plus tax and fees, $36,800 OTD. Dealer mark up on 370z is 9.6% off MSRP including dealer hold back of around $950.

I think 27k is a little high for a 09 with close to 23k miles on it. However, if it is a matter of paying a couple hundred more dollars to keep the car, and you like the car, I say just pay it and be done with it.

Tomorrow,Ill decide whether to keep it or not.Both the Salesman,and the manager told me that they already lose on this sale:ugh2:

Highly questionable

they always say that lol. i say eat the bill, keep the Z and be happy ;)

Yeah thats their way of trying to make it seem like you are getting a better deal than you are actually getting. :icon17:

Regardless, please do update on what happens.

Thank you guys. I appreciate all your opinion on this. I'll keep you guys posted tomorrow. Z or No Z.

If its exactly what you want, keep it. If it isn't look for another.

See if they'll throw in an extend warranty - that way they can meet you halfway.

I wish I can,but they are a toyota dealership Wilsonp

$29800 is way too much for the car that is full retail, if you are smart you never pay more than the trade in value for a used car, because it is a well known fact that dealers never really ever pay more than THE WHOLESALE PRICE for a used car when it is traded, unless it is a very low mileage car or a collector item etc.

These are the values for this 370Z 2009 touring

Retail $29,800
Private party - $27,000
trade in -$24,300
wholesale -$21,300

They key thing to remember here is that kellybluebook and edmunds used to list the actual dealer wholesale cost of a used car, but they dropped that figure and replaced it with a private party sale price. The factor for determining the actual whole cost of what a dealer paid for the car is to look at the range between all for prices, the example above shows a $3000 price spread between each of the upper figures. Now take $3000 spread and subtract it for the Trade in price of $24,300 - $3000 = $21,300 actual dealer cost.

The true cost of what you should pay for this car is between the wholesale and trade in price, $22,300 would actually be a good deal on this car. Dealer makes a $1000 profit which is more than enough.

The important thing to remember is that if for some reason you had to sell the car the very next day on a used car or a left over is that no dealer is going to give you more than the wholesale value to take it off your hands.

This is some of the dirty little secrets dealers don't want consumers to know.

Gsxr750, i got the car for $25,245.07 no tax,and other fees.

That means they can't give you a Nissan extended warranty, but my Nissan dealer was going to give me a third party warranty to start with. As long as its a company that covers any dealer/garage you would be good.

The price you paid isn't to bad if you really wanted the car and it was in perfect condition. As most of the dealers here in Las Vegas are scumbags to deal with, I'm originally from NY and there is no end to the scams dealers try here out west. The nissan dealer up here tried to charge me an extra $1000 for set up and destination and adverstising which is already built into the MSRP already and $450 for documents fee. I had to pay the $450 doc fee but had the price of the car reduced by $450 and I didn't pay the additional $1000 dealer BS charge. Basically at the dealers money talks and BS walks, if you got the funds, you can name your own price as long as the dealer walks way with $500-$1000.

Basically the dealer made about $4000 off you for a used car and my dealer only made $960 on my new 12 370z with sport package manual, $36800 OTD price.

In this example you can see that its always better to buy new than used, specially from a dealer. only buy used if its from family, friends or someone you trust privately.

I might want to return the car now.

If they give you that option with buying the used car it might be wise to do so,or at least negociate a few thousand back on the transaction.

I'll try my best today.Wish me luck!

If this is a base model you overpayed a 1.5k invoice on the base with sport is roughly 32.5k. If it's a touring then it's a killer deal.

OP it sounds like they tricked you into getting the car before the details were ironed out. This is a common tactic in hopes you let them charge you the extra money cause you now love the car. Stick to your original deal. What's your state tax %? and tag and title fees?

There were other options that the dealer added but they were minor they added up to around $500, once there added to the car the dealer can't really remove them.

One thing on renegociating the price you paid leveraging the return policy. Make sure you don't fall prey to the dealers tactic of showing some print package which shows how much they have into the deal, when they took the car in trade.

Whenever a dealer takes a car in trade , the dealer never gives the new buyer the lowest possible price on a the new car he buys.

Example a leftover 2011 vette I ws working a deal on last week the best cash deal I got on it was $45K, couldn't get the dealer to go lower. Called later on in the week, when my dealer on the 2012 vette fell through. The dealer told me it was sold and a guy traded a 2009 vette on it and they ended up making $4k more than I would have paid on the clean deal.

Just rember stick to the wholesale figures I gave you, this is what the dealer actually paid no matter what and if they have a return policy, believe me they would be willing to pay you more money than they owe you to keep the car.

Right now you have the dealers family jewels in a vice tightening.

The Final Price
 

Guys, This is the update,The manager at dealership fold his card. He is sending me back a check for $1,960, which covers all the taxes,the reg. title and fees here in IL. So the final price of the 2009 Nissan 370Z with 22,617 miles is $25,040. Adding to 27K my offer OTD. I was firm about returning the car today. I also know that they need to move their inventory as well. Sometimes if you strongly believe on something that is not right, at least try to fight for it.

Just make sure you pick up the check in person, they may have a time limit and jerk you around about mailing a check out and its after the time limit and they would say that you never contacted them about the return. Or at least a signed letter from the dealership detailing their promiss to you. Most dealers will kiss your *** before the sale, but after when they have your money, they treat you like sheep being eaten by wolves.

So this means you are keeping the Z or no?

^^ that's what i got from his update

I'm glad it all worked out, your original offer was more than fair for them as well. As gsx-r said make sure about the return check, if possible pick it up yourself

Hi Guys, I've been busy between work,and dealing with the Dealer.I guess I'm keeping the car,since they are giving back the money they suppose:owned:d to.the Z.

Nice congrats

Thank you man!

Glad you got the money, better in your pocket than the stealership's

Congrats man, I think you got a great deal. I paid 26 OTD but it was a base sport, you have the touring so that's gotta account for another 2K at least IMO. Enjoy the Z

Thank you
 

Thank you all again for your very good opinion.It did help me a lot,and made me stick to what is right. I hope everyone here learn something what OTD really means to other state when buying a car. Pay attention to Purchase Agreement before signing any more paperwork.

Finally :owned:....THE ZZZ.:driving:

:tup: