Appraise my G37...

[chasemyaccord]

Just curious how much you think I should ask for my car if I were to sell it...not that I'm planning to right now, but who knows in the near future...I'd find this information interesting...

Here are the facts:
- Premium/Nav/Tech/Spoiler
- Formula 1 Pinnacle Tint included ($350 value)
- All weather mats included
- Putting on about 750 miles per month
- No exterior imperfections whatsoever
- Oil changed as recommended
- OB/Graphite

[shumby]

Why you selling so soon?

[mal_TX]

I'd say about $5k less than what you paid as soon as it left the dealership and then $2-5k less per year. In my experience it doesn't really matter if you have tint, perfect exterior, etc. It matters if the exterior is all screwed up but if it's reasonable to perfect I've seen the cars treated the same in appraisal.

I based my numbers on Infiniti financing says the 2 year residual value on the g37 is 72%. That means if the car was worth $42,000 when purchased, it will be worth $30,240 two years later for an $11,760 dollar deprecation, or $5880 per year for the first two years. From that I estimated a bigger chunk comes off when the car goes from being new to used.

[AdamJ]

kbb.com

/thread

[cskubis]

Originally Posted by AdamJ

kbb.com

/thread

They don't list 2008 Infiniti's yet. Do you have a link?

[Dave ISM]

It's tough to call at this time however residual from the banks won't be accurate for trade and private sell value. I will say that these "great deals" everyone is getting on these vehicles will affect trade and resale values in the marketplace later. This is why Ford for example has horrible resell value; why buy used when you can get new with a $4k rebate. There is insufficient data to accurately appraise these coupes today with only repos and unwinds in the bank and dealer auctions available now. It should start populating and you'll have an idea for value within a few months.

[HP_John]

Regarding residual values, I read that they set them at a rate with a margin to 'protect' themselves. For example, if they think the G37 will lose 40% of its value in 3 yrs, they'll set the residual at 57% (meaning you pay for 43% of the car instead of 40%). Of course it's not an exact science, as things don't always happen the way they think they will. The extra margin is to minimize their risk.

[chasemyaccord]

Originally Posted by shumby

Why you selling so soon?

thought just crossed my mind...i'm not selling the car right now. just in case i do decide to sell it in the near future. put it toward a down payment on a house if the right opportunity presents itself.

[TerribleONE453]

il take it as my daily for >10 grand

[think-g]

You can check out what other people are asking on autotrader.com - I saw a few people asking for about $39K

[DrJones]

Its all about supply and demand

[GiGGaplease]

Originally Posted by chasemyaccord

thought just crossed my mind...i'm not selling the car right now. just in case i do decide to sell it in the near future. put it toward a down payment on a house if the right opportunity presents itself.

if you have another car, than you should do it now or something. do not wait till the housing market it back up and running. do not take my word for it though.

[joeposter]

My calcs come up with about $28,428.40 trade and $33,707.96 selling it outright. Just a guess and prolly a little conservative since the G37 is a current model.
Give it a try it with your actual milage...

2007 g35 with similar equip
Invoice: 35,807.00
Excellent trade in w/ 12k mile $24,975 or 70% of invoice
Excellent Private sale w/ 12k mile $29,595 or 83% of invoice


2008 g37s
Invoice 40,612
X 70% for trade in = $28,428.40
X 83% for private sale = $33,707.96

[kid21kg]

I did a trade in on my G37 with every option except 4 wheel steering a month ago and got $36k for it. At first they came with $33k but i got them to give me $36k.

[chasemyaccord]

Originally Posted by kid21kg

I did a trade in on my G37 with every option except 4 wheel steering a month ago and got $36k for it. At first they came with $33k but i got them to give me $36k.

Holy crap, how many miles did you have on it? I'd be stoked if I could sell for that price.

...and again, not that I'm planning on doing it right now...at least that's what I think...still love my car