So obviously the economy sucks...and it is not going to get better over night.

I do not have any experience in purchasing new cars so I do not know the waves they 'typically' run in. For those who have a better guess than me...when do you see Nissan selling the 370Z below MSRP?? With a horrrrrible XMAS retail season coming up, they will have to make some kind of move to sell the 370Z to cover losses. The question is when ??????

This is obviously a market that none of us have ever seen before so its all one big guess but let us speculate.

I think anyone who is going to place an order for delivery in January/February should wait a little while so that Nissan will lower the price sooner.....Just a thought haha

 

Bad Economy = Bad GTR Mark-Ups

 

haha this would be perfect since I'm getting a new car within the next few months

 

Elaborate Please....I understand that they do it but how is that going to affect 370Z prices. Unless a dealer could sell a ton of GTR's

 

That question has been on my mind as well. I'm looking to purchase a vehicle in April or May and the 370z is penciled in at the top of my list. (will write it in permanent marker if all goes well seeing it at the auto show this weekend)

I'm hoping that the diehards get it out of their system in Jan and Feb, and that stock builds up by late April/May to land a good deal. That is probably just wishful thinking.

 

Spread the word haha......I am in the same boat as you and maybe we can come up with the best scam ever on TOP of this economy and all 350Z/370Z's will be a relative steal

 

spread horrible rumors about the 370Z like tire feathering, gear grinding and horrible paint quality... u will get ur deals then.

 

I think that is SMART, not wishful thinking haha....my dad works in banking/finance/etc (he predicted this exact financial crisis to happen around this time....no joke, a verry smart guy) and he swears this crisis has JUSTTT begun and he wants to kick me in the nu&ts everytime I let him know I am looking to buy a car today. Thank god I waited though cause now I want the 370 haha. His only advice is to wait till early spring. Hope he is right

 

Well if your dad is right, then it looks like we are no the right track. I just hope I can hold off till then.

Will we find out the official prices for the touring and sport/nav packages this week? I know they said the base will start at 30k. I'm planning on the touring with the nav package.

 

One dealer told me that a reason the Gt-R is marked up is because of the cost required to build separate facilities to work on them (ie. they require different equipment). I'm not sure though, it could be some bs since every Gt-R is marked up like heck.

 

The 370Z is not a limited production car and is not as special as the 350Z was when first released because there has not been a seven year gap between models. They will build as many as they can sell. All car dealers are hurting and after the first couple months they'll be more concerned with selling anything than trying gouge precious buyers.

There are plenty of members of the "more money than brains club" who will pay more than MSRP just to have the first one on the block. After the newness wears off, which will happen pretty quickly, we'll see this car at discounts by summer, IMHO.

 

^^Agree with all of that, plus the fact that credit is much harder to come by and even if you have a lot of interest in the car, many will no longer qualify for financing.

 

Well cash still works

Seriously tho.. Those people who fail to qualify for credit in these economic times are the very ones who really shouldn't have been financing anything in the 1st place.

 

Talked to a dealer said prices should be out verry soon. It's funny because I have come to my dad like 10x in the past month saying here this is the exaccct one I want I know I wont regret it....he finds some way to make me feel like an idiot for not waiting and luckily I have listened. Its so hard though cause I have recently fell in love with the Z's buttt I guess good things are worth waiting for. I like how they have simplified the line this time. Touring with Nav pack. would be prettttty sweet.

 

3 Months from now I think everyone will be amazed at how hard financing could become......one simple reason: credit card companies are reducing their credit limits like crazyyy, even on customers who have never been late a single payment etc etc. Hypothetical: 5,000 left to pay on a 20,000 credit limit = good for your credit........they cut the limit to 6,000 and credit score goes wayyyy up.

This situation has already happened to a few of my family members......just call the credit card company RIGHT away and let them know you havent been late for payments (if you havent haha) and they will more than likely increase the limit back up a little bit, probably not all the way were it was originally though.

I predict just about EVERY credit card customers credit limit will be cut very soon......banks hope that some simply dont call to raise the limit back up.

Golden rule = Have your remaining payments less than 50% of your credit limit and thats great for your credit, anything above 50% it heads in the wrong direction

 

I hear what your saying.

I know the popular notion is to have some credit balance to keep scores up etc.. But my own personal golden rule has always been to pay off our (non revolving Amex etc..) credit cards in full each month. My scores been the same for over 20yrs.

Played the credit\interest game during my 20's thankfully I'm done with the ripoffs. Other than gas or utilities etc.. I use a debt card most of the time.

 

It can go both ways.

Economic professors will say that lower demand = lower production = higher cost for the product.

But if the cars are already produced and are just sitting there in a lot, then Nissan might reduce cost to try and get rid of them. Otherwise, Nissan will produce less of the vehicle to cut losses. And you will see higher prices.

 

Oh hell ya haha I completely agree. I would like that to be what I want to do and just keep a couple grand on a card or two but with student loans just kicking in I just want to try to get my credit score as good as possible till i purchase the 370Z then I'll gladddly live with hurting my credit score to drive the Z haha

 

Actually, that timeline is completely logical.

Then a few months after that, factor in the upcoming year end, dealers trying to clear out the current year models when the new year models are coming... that's when you'll see cash back and financing incentives.

I think the 370Z will not fair as well as other cars... it's a luxury, with little functionality. Right now, people are looking at 4 cylinder 4 door sedans/wagons... spending their money wisely for utility, not foolishly.

Me, I can afford to be foolish, and am ascertaining the best way to do so...

 

IMO- I wouldn't count on Nissan selling the 370Z below MSRP coming out of the gate due to the economy. And I am sure Nissan is doing this the smart way and taking note of the state of the world economy and adjusting their production accordingly. Don't get excited and expect a fire sale like what GM is doing with the Corvette.