see2k

Hello,

I have a 06 coupe that I am considering trading in for a 08 coupe 6MT/nav/push start/sports package/spoiler; basically everything except for the intelligent cruise control.

My pay off on my current car is 22k, and after I got my initial number of the infiniti dealership, they were going to lease me that new 08 for 650 including tax. (08 Coupe MSRP at 45k)

They appraised my car at 26k which i believe is BS, but the monthly finance charge of 650 for 39 months seems decent.. should I talk them down to 36 months. This is on a 12k/year mileage.

I was considering trying to talk down the MSRP a bit (maybe 2k) and increase the value of my appraisal, since the blue book on my car is 31k for trade in.


So with a debt of the original car of 22k and trade it in for a new 08 Coupe lease at 650 a month, does that seem good?

I was reading this forum regarding lease options, but just got lost with the money factor concept.

G35MC

What's your 06 G35 payment like? how much did you put down back in 06?

26k is too low, i think they can do 29k.

see2k

i put down 5k initial, and my current payments are 650 a month.. So the amount of payments stay the same but the only thing different is the end.

I get to pay off a car vs return a car in 3 years.

And at this point, i have 3 more years left on my purchase finance.

I also have a lojack (which may account for nothing).. but yes, appraising the car at 26k was low ball.

ice350

I thinking they are sticking it to you. You are accustomed to paying 650 a month so that's what they arranged. Tell them you want more for your trade. Check the market. Check KBB.com, cars.com, nada.com, see what these cars are selling for and what the trade in is. If all all consistent, ask for more. If they want a sale, they will deal. Call another dealer. Make them compete. Don't settle. I have a 48K car on lease with 5K down and I'm paying less than 500 per month. Deal man, deal!

see2k

thanks that's what I was basically wanting to hear..

i just got a call from the dealer and it seems that they are actively trying to sell me the car.

So the obvious things I am going to go for are a deal on the MSRP, increase in the value of my car, better interest rate.

I was just assuming that because I still had a loan on my existing car that the payments be similar.. But i guess I am wrong.

Keep adding more opnions though, I plan to talk to these guys today maybe tomorrow at the latest if I can get all my ducks in a row at work.

G35MC

well, think about this.

if you could sell the 06 yourself, and let's say you get 29k cash.

so 29k - 22k = 7k cash on hand.

now if you trying to lease an 08, you will probably put down 2k and payment would be around 600? find out what lease payments like if you lease without a trade in.

I think selling it private would get you few thousand dollars to your benefit.

good luck.

G35_Diva

Check our Carmax also. They paid me $2k more than the dealer offered on my 04 Coupe.

see2k

yeah I am going to tell the dealer to stuff it for a bit, since I'd rather sell the car.. The more I look at it, the more I want to wait purchasing it because i don't care to be one of the first to have the car.

Told the dealer that and they became a little more aggressive.

Anyways, most likely I want to wait.. i like the G35.. hasn't given me any problems yet.

see2k

Carmax offered the same amount as the dealer: $26,000 i was floored =(

Callaway

Run it through Intelliprice. This seems close to what dealerships will typically offer. Keep in mind there is plenty of room to negotiate here. They will try to steal your car for $26K and than put it on their lot for $31K.

http://www.intelliprice.com/intelliprice/home.html