READ BEFORE BUYING: Tips for buying your new G37

DdotRoq · 08-22-2008, 09:32 AM

Hello All,

I've created a few tips and tactics to help the average car buyer get a great deal on a G37 - I'm sure this will help many of you:

Do Your Homework:

Many people tell you to find and research the car you like and make sure this is the vehicle YOU want, and settle on the car, trying to get the best price. This is a direct fail; never settle.

Research its direct competitors. In this case, we want an Infiniti G37, so we are looking at the BMW 335 coupe and the Audi A5. We are going to research the BMW 335i Coupe and the Audi A5, and price it comparabily to our Infiniti G37. Our guide? Edmunds.com. Edmunds.com will give you Invoice, MSRP - basically, it gives you free ammunition for the gun-fight.

First in the line, is our winner, which we already know, is the car we want - the G37; Lets go on Edmunds.com and price it - I want a 2008 Infiniti G37 Coupe Journey with the following packages (Notice how it is priced - TMV is only an indication, we don't care about this)
-

Now that we have the info on the car we want, lets see what its competitors are working with, BMW first up with the 335i coupe:

and we then have Audi, coming up with the A5 -

We have done our homework.. time to play.

First thing you must know, is, regardless of the price, if you get the car for "Invoice", dealerships still get an incentive per car they sell, so if they say they "Make no money off your deal", that is complete BS. They make holdback, which could amount from $800-$1500 per vehicle, depending on the volume of sales of that dealer, so in reality, under invoice is possible - Dealerships have to meet their quota to Infiniti by end of month, so guess when is the best time to shop? Thats right, last days of the month. FYI - The holdback for Infiniti is 1% of the MSRP, so if your vehicle is priced at $46,000 MSRP, Infiniti gets $460.

Go on edmunds.com and price your G37, configured to your liking; when done, Edmunds will give you an option to reach out to dealers near you for quotes - do it. They will all come back to you and ask you to come in to the dealership; tell them you refuse to until they have given you a price you are comfortable with. You are looking for invoice. period. E-shop for a while, to see what is the best deal you can get, use your negotiation skills. For best deals, call the dealerships directly asking for the Sales manager, as these are the people that have direct access to work with the numbers, as the salespeople are just regular employees and have to go to the sales manager anyways - skip the middle man. Some salespeople tell you they need to keep your license while you test drive the vehicle - tactic? you forget, so you have to go back to the dealership after you leave to get your license back. if they have to keep your license during the test drive, tell them to keep the car and leave. The best tactic is, if you get that funny feeling something isn't right, LEAVE. This is ~$40,000, you leave you are hurting them.

When you have a price you are comfortable with (Lets say dealer A quoted you at $500 over invoice), make an appointment. Lets go see him three days from now. You will be going to your appointment expecting to leave WITHOUT A CAR. Yes without a car, unless you get this incredibly great deal, which is doubtly. So we go to the dealer, they have the car you like, you drive it, you like it. You tell him you are not sure, since you are comparing to the BMW and Audi, which are more comfortable and offer much more than the Infiniti; the only thing holding you back is price. After test drive, you guys will sit down and talk numbers. Simple - ask for under invoice or something ridiculous, like $500 under. Assuming you don't get this price, don't accept any counter offers and just get the very best offer he gives, walk away and "THINK ABOUT IT".

2 days from now, you will be visiting Dealer B - why two days? Because Dealer A might call you back and say he MIGHT be able to give you that deal, it is the end of the month. Regardless, you tell him you might see him tmorrow. You go to Dealer B, make sure you tell them you already test drove the car at the other Infiniti dealer and other Infiniti gave you this number, and you want to see what is the best they can do. They say they can beat it, they will give you this number - you tell them you expected a better deal and walk away, you have to think about it. You go back to dealer A and give them the chance to counter what Dealer B just gave you. You are at your best bargaining power right now, so if they said yes, accept their offer. They say no, well their loss, go back to dealer B and buy the car.

Financing - Find alternative quotes prior to signing the documents. You might get a better APR through your own bank. Alot of dealer addons like wheel coverage is BS. I wouldn't get those either.. Except maybe Gap insurance for car buyers (non-leasees).

Hope this helps all of you.

Let me know what you all think.

Dave

MaxToTheG37 · 08-22-2008, 09:37 AM

Stickied...

Blackjack · 08-22-2008, 10:33 AM

Nice Write-up, Dave... Kudos!

MaxToTheG37 · 08-22-2008, 10:35 AM

Now if we can just get the newbers to read this before they post a thread we will be in good shape

DoctorTuna · 08-22-2008, 10:41 AM

Sounds about right to me, after all the goodie add-ons, I rang in at $600 over invoice. I thought that was very fair for all involved. Too many people don't do their research, and pay way more than they should.

MaxToTheG37 · 08-22-2008, 10:45 AM

Quote:

Originally Posted by DoctorTuna

Sounds about right to me, after all the goodie add-ons, I rang in at $600 over invoice. I thought that was very fair for all involved. Too many people don't do their research, and pay way more than they should.

I agree... If you research you can get the deal you want...

I snagged 700 over invoice around the 10th of December of 07 with them shipping in the car from 700 miles away... If I can get that back then... (some people got better btw back then) anyone now can easily do 1-2k under invoice.

Just read and research and things will work out well!

bboysteele · 08-22-2008, 11:45 AM

Nice work. I will need to read this later...you didn't lie when you said it was going to be a big read.

AznEnigma69 · 08-24-2008, 02:57 PM

thanks, very infomative!

TerribleONE453 · 08-24-2008, 04:11 PM

awesome write up..

amazing35 · 08-25-2008, 03:42 AM

sweetness

J.Oh · 08-25-2008, 07:18 AM

man.. i wish i had this before

fdg911 · 08-29-2008, 11:06 AM

While very helpful for negotiating the price of the car, how does this help negotiating the monthly payments on a lease?

pyctici · 08-29-2008, 11:30 AM

good read u put alot a work into this, nice job

DdotRoq · 09-03-2008, 03:12 PM

Quote:

Originally Posted by fdg911

While very helpful for negotiating the price of the car, how does this help negotiating the monthly payments on a lease?

Same way. Lease rates work primarily off of the selling price of the vehicle. While there is the money factor, buyout, etc., i only negotiated my msrp, down to below invoice on a lease. This brought my payment down to my "comfort zone", and like I always say, "The Best deal is the one you are comfortable paying".

go4gr8 · 09-26-2008, 12:33 PM

For leasing information there's a couple of threads on it. Here's one.

Also, GAP Insurance is usually available through your insurance company for free.

08-22-2008, 09:32 AM	#1
DdotRoq Registered User Trader Score: (1) Join Date: Sep 2007 Location: Miami, FL Posts: 407	READ BEFORE BUYING: Tips for buying your new G37 Hello All, I've created a few tips and tactics to help the average car buyer get a great deal on a G37 - I'm sure this will help many of you: Do Your Homework: Many people tell you to find and research the car you like and make sure this is the vehicle YOU want, and settle on the car, trying to get the best price. This is a direct fail; never settle. Research its direct competitors. In this case, we want an Infiniti G37, so we are looking at the BMW 335 coupe and the Audi A5. We are going to research the BMW 335i Coupe and the Audi A5, and price it comparabily to our Infiniti G37. Our guide? Edmunds.com. Edmunds.com will give you Invoice, MSRP - basically, it gives you free ammunition for the gun-fight. First in the line, is our winner, which we already know, is the car we want - the G37; Lets go on Edmunds.com and price it - I want a 2008 Infiniti G37 Coupe Journey with the following packages (Notice how it is priced - TMV is only an indication, we don't care about this) - Now that we have the info on the car we want, lets see what its competitors are working with, BMW first up with the 335i coupe: and we then have Audi, coming up with the A5 - We have done our homework.. time to play. First thing you must know, is, regardless of the price, if you get the car for "Invoice", dealerships still get an incentive per car they sell, so if they say they "Make no money off your deal", that is complete BS. They make holdback, which could amount from $800-$1500 per vehicle, depending on the volume of sales of that dealer, so in reality, under invoice is possible - Dealerships have to meet their quota to Infiniti by end of month, so guess when is the best time to shop? Thats right, last days of the month. FYI - The holdback for Infiniti is 1% of the MSRP, so if your vehicle is priced at $46,000 MSRP, Infiniti gets $460. Go on edmunds.com and price your G37, configured to your liking; when done, Edmunds will give you an option to reach out to dealers near you for quotes - do it. They will all come back to you and ask you to come in to the dealership; tell them you refuse to until they have given you a price you are comfortable with. You are looking for invoice. period. E-shop for a while, to see what is the best deal you can get, use your negotiation skills. For best deals, call the dealerships directly asking for the Sales manager, as these are the people that have direct access to work with the numbers, as the salespeople are just regular employees and have to go to the sales manager anyways - skip the middle man. Some salespeople tell you they need to keep your license while you test drive the vehicle - tactic? you forget, so you have to go back to the dealership after you leave to get your license back. if they have to keep your license during the test drive, tell them to keep the car and leave. The best tactic is, if you get that funny feeling something isn't right, LEAVE. This is ~$40,000, you leave you are hurting them. When you have a price you are comfortable with (Lets say dealer A quoted you at $500 over invoice), make an appointment. Lets go see him three days from now. You will be going to your appointment expecting to leave WITHOUT A CAR. Yes without a car, unless you get this incredibly great deal, which is doubtly. So we go to the dealer, they have the car you like, you drive it, you like it. You tell him you are not sure, since you are comparing to the BMW and Audi, which are more comfortable and offer much more than the Infiniti; the only thing holding you back is price. After test drive, you guys will sit down and talk numbers. Simple - ask for under invoice or something ridiculous, like $500 under. Assuming you don't get this price, don't accept any counter offers and just get the very best offer he gives, walk away and "THINK ABOUT IT". 2 days from now, you will be visiting Dealer B - why two days? Because Dealer A might call you back and say he MIGHT be able to give you that deal, it is the end of the month. Regardless, you tell him you might see him tmorrow. You go to Dealer B, make sure you tell them you already test drove the car at the other Infiniti dealer and other Infiniti gave you this number, and you want to see what is the best they can do. They say they can beat it, they will give you this number - you tell them you expected a better deal and walk away, you have to think about it. You go back to dealer A and give them the chance to counter what Dealer B just gave you. You are at your best bargaining power right now, so if they said yes, accept their offer. They say no, well their loss, go back to dealer B and buy the car. Financing - Find alternative quotes prior to signing the documents. You might get a better APR through your own bank. Alot of dealer addons like wheel coverage is BS. I wouldn't get those either.. Except maybe Gap insurance for car buyers (non-leasees). Hope this helps all of you. Let me know what you all think. Dave __________________ G37 Journey Coupe - Ivory Pearl / Graphite "The Full Package" - Sport Package, Premium Package, Navigation Package, Technology Package, 4-Wheel Active Steer Package, Illuminated Kick-plates, Splash Guards, + All the extras

08-22-2008, 09:37 AM	#2
MaxToTheG37 Super Moderator Trader Score: (2) Join Date: Dec 2007 Location: Knoxville TN Posts: 7,075	Stickied... __________________ G37S 6mt w/ all options:---RETIRED--- Detailed Image --- Now Rollin in a Ford EDGE Limited

08-22-2008, 10:33 AM	#3
Blackjack Super Moderator 2009 Infiniti G37 Trader Score: (3) Join Date: Jan 2005 Location: The ATL Posts: 8,550	Nice Write-up, Dave... Kudos! __________________ 09 G37S Coupe 6MT -- Moonlight White \| Graphite \| Premium \| Nav \| Tech \| 4WAS \| ClearBra \| 35% FormulaOne Tint \| KW Variant 3 \| SPL Pro Rear Camber Kit \| Vossen VF051 Custom \| RIP -- 08 G37S Coupe 5AT 11.2007 - 02.2009 Maintained with products exclusively from Detailed Image

08-22-2008, 10:35 AM	#4
MaxToTheG37 Super Moderator Trader Score: (2) Join Date: Dec 2007 Location: Knoxville TN Posts: 7,075	Now if we can just get the newbers to read this before they post a thread we will be in good shape __________________ G37S 6mt w/ all options:---RETIRED--- Detailed Image --- Now Rollin in a Ford EDGE Limited

08-22-2008, 11:45 AM	#7
bboysteele Moderator Trader Score: (0) Join Date: Jul 2007 Location: Colorado Springs, CO Posts: 3,447	Nice work. I will need to read this later...you didn't lie when you said it was going to be a big read. __________________ G37 6MT, Premium, Nav. - Berk HFC, JWT intake, Stillen Grounding Kit, Fast Intentions Carbon Fiber Exhaust, KP Technologies Nav Bypass, Magden Performance Computer, HPA HIDs, SPC front control arms and rear camber/toe kit, Cobb AccessPort[/i]

08-22-2008, 10:41 AM	#5
DoctorTuna Registered User Trader Score: (0) Join Date: Aug 2008 Posts: 67	Sounds about right to me, after all the goodie add-ons, I rang in at $600 over invoice. I thought that was very fair for all involved. Too many people don't do their research, and pay way more than they should.

08-24-2008, 02:57 PM	#8
AznEnigma69 Registered User Trader Score: (0) Join Date: Jul 2008 Posts: 12	thanks, very infomative!

08-24-2008, 04:11 PM	#9
TerribleONE453 Registered User Trader Score: (0) Join Date: Oct 2007 Location: Chatsworth CA Posts: 4,457	awesome write up.. __________________ crashed...

08-25-2008, 03:42 AM	#10
amazing35 Registered User Trader Score: (0) Join Date: Apr 2007 Posts: 15	sweetness

08-25-2008, 07:18 AM	#11
J.Oh Registered User 2008 Infiniti G37 Coupe Trader Score: (0) Join Date: Jan 2008 Location: GWB gateway Posts: 2,170	man.. i wish i had this before __________________ 2008 IP G37-- Homelessdrunk -- GT-Spec

08-29-2008, 11:06 AM	#12
fdg911 Registered User Trader Score: (0) Join Date: Aug 2008 Posts: 20	While very helpful for negotiating the price of the car, how does this help negotiating the monthly payments on a lease?

08-29-2008, 11:30 AM	#13
pyctici Registered User Trader Score: (0) Join Date: May 2008 Location: Queens, NY Posts: 205	good read u put alot a work into this, nice job __________________ 08 G37s MT\|Black\|Black\|Fully Loaded\|

09-26-2008, 12:33 PM	#15
go4gr8 Registered User Trader Score: (0) Join Date: Sep 2007 Location: Portland, Maine Posts: 784	For leasing information there's a couple of threads on it. Here's one. Also, GAP Insurance is usually available through your insurance company for free. __________________ G for me?

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