I wouldn't have say it out loud. Big Brother is watching....

 

This is why I leased my 2011 Sedan I'm not planning to trade it in at the end, but if I do decide to, I don't get raped on the trade in like so many dealerships do. It's a pretty dumb system for sure

 

Apparently dealer is saying there is no "book" on this car and they are using 2010 prices and adding 3k.

They say a 2010 G37 Sport is worth 32k trade.

 

If the convenience of not having to sell the car yourself is worse a few thousand......

 

Go to stealership -- inquire about trade value on 2011 g coupe sport 7at

Offered 28k.... MFW ?.???

 

cause they need to sell it for the market value.

you can sell it privately for like 5k more typically, the dealership doesn't take into account any of the options or desirability. they will list your car at like 38-39k. and itll sell at like 38 makig them a quick 4k. I mean saving 6 gs on a car that looks practically new for 4000 miles is totally worth it.

if i'm trading the car into the dealership (same manufacturer) I'll hit them hard on the sale price of the new car because they know why they want your car... they really really do. a well kept used car sells easier than a new car any day.

 

What options on your car and how many miles?

 

2011 G37 Journey

-Premium Package
-Navigation Package
-Sport Package.
-Illuminated Kickplates.
-8700 miles.

 

I understand that there is no love for dealers, but here are a couple of points from a dealer perspective:

Your car probably had dealer invoice of about $42,500. Dealer holdback is about $600, plus right now there is $2,000 dealer cash on all remaining 2011 Coupes (I am assuming it is a coupe, but same goes for sedans). This means that a dealer can sell (or buy) a brand new one for about $39,800. Now ask yourself: would you buy a brand new car for $39,800, or would you buy a used one with 8,000 miles for $34K? Now, they can't sell it for $34K, this would not make any business sense. Even assuming the car is spotless - they will have to spend about $800 to have it certified, otherwise no one will buy it, plus paperwork - now they are in your car for $35K. To make minimal financial sense - they have to sell it for $36K. Now the spread between new and used is about $4k.

What happens if the car doesn't sell in a couple of months? 2013 year model comes out, and the value of the car drops like a bomb. Now they are losing money just to get rid of it.

On the flip side, here are the problems you are going to face selling the car privately:
You can't offer warranty
You can't offer financing
You have to spend time to deal with lookie-loo's and test-drives
People are going to want to take it to their mechanic or no deal
You expose yourself to violent crime.

Remember, the more expensive the car - the harder to sell it privately.

I am not saying you can't get more by selling it on your own - you probably can, I am sure there is plenty of anecdotal evidence, and I have done it myself. But is it worth it?

 

Hmm..did my car come across your desk?

I do agree with OP, I think the G has a larger depreciation then other vehicles. The vehicle in question I was looking for I was willing to buy at asking price - no bargaining. I had a lexus that had a MUCH higher re-sale value. I think same goes for Hondas. KBB/Edmunds prices are ignored. Its wholesale. Dealer offers it up to other dealers, they offer wholesale prices. Example, a similarly equiped 2011 Lexus will go for 36-39k on a dealer lot - check autotrader. (bay area)

Also -- where did you hear the 2013 is coming out in a few months? News to me :P

 

I can't say that I've read every post on this thread, but list your car on myG37 classifieds if you haven't already. Educated customers make quicker decisions as they know what they want and when they want it. I'm sure a lot of members like me have purchased several cars out-of-state. You will reach a lot more qualified buyers than on craigslist.