hello everyone...after lurking on this wonderful site for the past couple of months, I think I'm ready to pull the trigger on a 350z. After realizing that my budget is about $17-18k and the G35 coupes are a bit pricey, I've been test driving and doing as much research as possible (primarily on financing) and I wanted to see what would warrant a good deal.

Im in the So. Cal area and I found a few cars in my price range with 6mt.

A private Seller is offering to sell an 05 base model with A WHOPPING 6,000 MILES on the odometer and I've yet to test drive it but I know if I do I will want to buy. My only concern is that I got approved for a loan up to $20k at 12 % thru Cap One with no proof of income (commissioned job)and Im trying to keep the payments as low as possible, so considering taxes and registration, I will obviously go over my limit.


There's also a few others from dealers, In which I'm TOTALLY INTIMIDATED TO GO THRU THE HAGGLE PROCESS.

04 base coupe 6mt with 63k miles for $16,875

05 base coupe 6mt with 68k miles for $17,000

05 base coupe red, auto 20" TSW with 30k miles (clean) sticker price is $21k


I just would like some opinions as to what what be an acceptable haggle price on these vehicles and whether or not these are pretty good deals.

Any suggestions.

Also I got approved for a loan thru a credit union at 5% for 60 months with free gap insurance but I'd have to provide paystubs, in which I dont have any with YTD income totals

 

If you haven't already, try what I did. Dealers in my area post internet specials. I kept lurking for months. Last August, I bought a "used" '05 Touring for $26,250 that only had 400 miles on it. I think someone "bought it for his wife" and she didn't want it. I saved 10K off of the original sticker and still got a new car. You might be able to find something similar to this. They had knocked their price way down on the web and I dropped them even more. GL with finding a good one. Don't be in a hurry. A few days wait could save you mucho!

12% is a brutal interest rate. My local credit union is 6.5 for 60 months for the cars that you've posted. I'd shop around for that too. You'll end up upside-down in the car if not

 

Buying can be intimidating. Keep in mind that you will be dealing with a profession seller, and I assume that you are not a professional buyer. Simplify negotiations by figuring out what you are willing to pay, then making a straight out offer.

Be prepared to walk if told no.

 

You cannot afford the car. Do not buy it. 12%? Ouch

 

I'd pass for now and buy a more modest, used car, where 12% won't matter as much. Make payments for 8-12 months and then buy a Z with more reasonable interest later.

 

if you truely have the income to buy a car you should not be paying 12% interest...asumimg decent credit. shop around other places for a loan. If you have tax returns for a few years you can document your earnings.

 

My experience is that when people resort to cap one (subprime), that's usually about as good as it gets for them. This doesn't make the OP a bad person.

btw, 12% interest = $8000 interest on a 60 month loan

 

Which did you choose?

 

Well that idea didn't last long.