Whats a good deal on a new 05 Z??????
02-12-2005, 09:48 AM
#21
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Originally posted by n8236
Pay no more than 28k otd, and that's financing. If cash, u better be getting under invoice or tons of freebies.
Pay no more than 28k otd, and that's financing. If cash, u better be getting under invoice or tons of freebies.
Thats better than I was hoping for. I'll keep you guy updated.
02-12-2005, 10:11 AM
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Cash does not make any difference, except in those case's where someone has not enough or good enough credit to finance. Dealers lose out on profit in a cash deal. They have no chance of making any $'s on back end. Good luck.
02-12-2005, 10:25 AM
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Originally posted by sunset
Cash does not make any difference, except in those case's where someone has not enough or good enough credit to finance. Dealers lose out on profit in a cash deal. They have no chance of making any $'s on back end. Good luck.
Cash does not make any difference, except in those case's where someone has not enough or good enough credit to finance. Dealers lose out on profit in a cash deal. They have no chance of making any $'s on back end. Good luck.
02-12-2005, 07:17 PM
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Originally posted by Armitage
Either:
1) Its not OTD prices and cost of the car before TTL, which is still good.
2) They're gonna try and rape you with a high interest rate.
I was offered an '05 Track Z for $500 over invoice, whenever I'm ready to buy the car. Push for something like that; it doesn't get much better.
Either:
1) Its not OTD prices and cost of the car before TTL, which is still good.
2) They're gonna try and rape you with a high interest rate.
I was offered an '05 Track Z for $500 over invoice, whenever I'm ready to buy the car. Push for something like that; it doesn't get much better.
02-12-2005, 07:32 PM
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what if you don't have enough money to pay for the car if the trade-in value is that much lower?
Say i have a car to trade in..i need X amount of money from it to pay off the Z. I don't want to finance because i have bad credit, i just want to pay off the remaining balance of the Z in cash. Wouldn't the dealer try to give you a better trade in value or will they rather see you walk out the door with no sale?
Say i have a car to trade in..i need X amount of money from it to pay off the Z. I don't want to finance because i have bad credit, i just want to pay off the remaining balance of the Z in cash. Wouldn't the dealer try to give you a better trade in value or will they rather see you walk out the door with no sale?
02-12-2005, 09:36 PM
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Paying cash vs. financing makes definite differences. It's like buying anything else, if cash is paid, the seller does not have to wait for any transactions to be cleared unlike credit cards or checks. Cash is fool proof and most liquid of any assets. Dealers would LUV cash if they can get a customer to pay in that form, less paperwork and get all the money all at once w/ little to no hassles. But ppl at the dealers know ppl paying cash expect better than financing deals. I guarantee it.
02-13-2005, 05:15 AM
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What do you guys think about this deal...05 Touring Coupe..all the most popular options (no Nav) 34095 sticker...97 Mits Diamante for trade in...NADA value between 2800 and 4000. 5.35% for 72 months...1500 down to help lower payments slightly...they gave me 8860 for my Mits I ended up financing 26500 which give me payments of 419/month
Comments...
RV
RV
Comments...
RV
RV
02-13-2005, 11:10 AM
#32
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Actually, most dealers would prefer that you finance your vehicle. They make more money on the interest. This whole thing about getting your money all in one lump sum is moot to them. I think if you had a fica score of like 200, then they would want you to put a large @ss down payment to ensure that you don't default on the loan.
02-13-2005, 11:56 AM
#33
Originally posted by sokudo9l6
Is not that people who don't pay msrp can't afford the car. The fact is that people know they can buy this car for pretty cheap now. There is no more 350z hype anymore. So people who does research on a car like this will not be willing to pay MSRP. I think if i was a salesman.. it will be better to sell a Z for cheaper. Then the guy who brought it will come online to forums like this...tell the rest of the people what a great deal they got and refer me to them. Just look at the numbers of "going to buy a Z" and "avoid this dealer" threads. You need to please the recent buyers so they will refer you to new future buyers.
Is not that people who don't pay msrp can't afford the car. The fact is that people know they can buy this car for pretty cheap now. There is no more 350z hype anymore. So people who does research on a car like this will not be willing to pay MSRP. I think if i was a salesman.. it will be better to sell a Z for cheaper. Then the guy who brought it will come online to forums like this...tell the rest of the people what a great deal they got and refer me to them. Just look at the numbers of "going to buy a Z" and "avoid this dealer" threads. You need to please the recent buyers so they will refer you to new future buyers.
Agree!!
The "going prices" right now are $3 to $500 over INVOICE except for the 35th AE. Make sure its all listed and with any extra "surprise cost" before you sign. Good Luck
02-13-2005, 12:06 PM
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a good price for a z is paying right around sticker price otd (this is states with 7%+ sales tax). I cant recall the exact markup, but its only about 8.5% over invoice
02-13-2005, 12:09 PM
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Originally posted by n8236
Paying cash vs. financing makes definite differences. It's like buying anything else, if cash is paid, the seller does not have to wait for any transactions to be cleared unlike credit cards or checks. Cash is fool proof and most liquid of any assets. Dealers would LUV cash if they can get a customer to pay in that form, less paperwork and get all the money all at once w/ little to no hassles. But ppl at the dealers know ppl paying cash expect better than financing deals. I guarantee it.
Paying cash vs. financing makes definite differences. It's like buying anything else, if cash is paid, the seller does not have to wait for any transactions to be cleared unlike credit cards or checks. Cash is fool proof and most liquid of any assets. Dealers would LUV cash if they can get a customer to pay in that form, less paperwork and get all the money all at once w/ little to no hassles. But ppl at the dealers know ppl paying cash expect better than financing deals. I guarantee it.
wrong. when you finance through the dealer, lets say using Nissan. the dealer gets a flat fee. Using $100 avg for the flat@1,000 new cars financed a year is $100k.
do you think i would want you to finance or pay cash???
02-13-2005, 12:09 PM
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Always check the APR
Dealerships and big corporations know how to work the figures to relieve any loss of profit in the end.
When I bought my 2002 Maxima SE new, the sticker price was $30,850. The stealership came down to $25894.08 Sounds like a great deal right? Keep reading...
MFR's rebate to dealer -$1000.00
Trade In -$1404.50
Which brings us to a total purchase price of $23,489.58
But wait!
Sales tax, ispection, title +$634.70
APR 7.24% (ouch) financed for 6 years leaves us with a total finance charge of $5,688.00
23,489.58 + 634.70 + 5,688.00 = $29,807.28
Which is almost exactly $1,000 less than the sticker. They did very well on this particular sale, even though it looks great on paper.
Remember, you pay off interest on your car first. So the bigger the payments you make early in your car ownership, the less interest you pay for the next month. Food for thought.
Jesse
When I bought my 2002 Maxima SE new, the sticker price was $30,850. The stealership came down to $25894.08 Sounds like a great deal right? Keep reading...
MFR's rebate to dealer -$1000.00
Trade In -$1404.50
Which brings us to a total purchase price of $23,489.58
But wait!
Sales tax, ispection, title +$634.70
APR 7.24% (ouch) financed for 6 years leaves us with a total finance charge of $5,688.00
23,489.58 + 634.70 + 5,688.00 = $29,807.28
Which is almost exactly $1,000 less than the sticker. They did very well on this particular sale, even though it looks great on paper.
Remember, you pay off interest on your car first. So the bigger the payments you make early in your car ownership, the less interest you pay for the next month. Food for thought.
Jesse
02-13-2005, 12:13 PM
#37
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Re: Always check the APR
Originally posted by 02MaximizedVQ
Dealerships and big corporations know how to work the figures to relieve any loss of profit in the end.
When I bought my 2002 Maxima SE new, the sticker price was $30,850. The stealership came down to $25894.08 Sounds like a great deal right? Keep reading...
MFR's rebate to dealer -$1000.00
Trade In -$1404.50
Which brings us to a total purchase price of $23,489.58
But wait!
Sales tax, ispection, title +$634.70
APR 7.24% (ouch) financed for 6 years leaves us with a total finance charge of $5,688.00
23,489.58 + 634.70 + 5,688.00 = $29,807.28
.
Jesse
Dealerships and big corporations know how to work the figures to relieve any loss of profit in the end.
When I bought my 2002 Maxima SE new, the sticker price was $30,850. The stealership came down to $25894.08 Sounds like a great deal right? Keep reading...
MFR's rebate to dealer -$1000.00
Trade In -$1404.50
Which brings us to a total purchase price of $23,489.58
But wait!
Sales tax, ispection, title +$634.70
APR 7.24% (ouch) financed for 6 years leaves us with a total finance charge of $5,688.00
23,489.58 + 634.70 + 5,688.00 = $29,807.28
.
Jesse
02-13-2005, 12:19 PM
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Re: Re: Always check the APR
Originally posted by jackie chan
the dealership is not holding the loan on your car. DO you understand they don't get paid the interest charges for your loan or if they do it is a very small %?
the dealership is not holding the loan on your car. DO you understand they don't get paid the interest charges for your loan or if they do it is a very small %?
I do!
02-13-2005, 12:23 PM
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I financed through NMAC. The dealership gets a $1000 kickback from Nissan who will get approx $1634.70 less (including financed charges) than the sticker price of the vehicle if I make all scheduled payments at the exact amount stated in the contract. A corporation and their dealerhips will scratch each others back one way or the other. Great deals are harder to find in the new car market than some may think.