GraphiteIPL

Hi,

A local dealer has a left over 2011 G37 IPL in Graphite with 7-AT and illuminated side doorsills. It has 151 miles on it. The original MSRP was just north of $52k and they are asking $45,500 for the IPL and $25K as trade on my 2009 G37S with 46k miles on it.

My question is whether $45,500 is a reasonable price for a new 2011 IPL or should I be pushing that figure a bit lower?

Best Regards,

Michael

VossenG37S

iTrader: (16)

That's a damn good deal. Offer less anyway lol!

RaphTheTurtle

I'd try to push it a bit lower since it is a 2011 and they are probably desperate to get it off the lot. My target would probably be something around 42 or 43.

If you can't do any better though, I wouldn't feel bad about it. 45k is not a bad deal.

Tazicon

iTrader: (1)

I would try for 42k but that is a good price. I wouldn't push too hard if they clam up.

Beer Magazine

Push as hard as you can? What is there to lose? Look to see what a used one is selling for if you can find one and think of it as a used car with low miles.

Since I got nearly 6.5K off a NEW 2012 that deal is not that great but it is a good deal. Remember you will have a year old car so the depreciation is a bit more.

Also since you're doing 2 deals in one it's hard to tell what they are doing. If they don't want to take more off the car...have them give you more for your trade. You should always negotiate without ever telling them you have a trade. This way you get the best deal on both sides.

Doc750

personally I would not spend $45k on a car that is about to be redesigned.

Beer Magazine

Who cares, all cars are redesigned and if you like a car you don't need to worry about if it looks different. The redesign might be something you don't like...and 2 years away.

Retromoe

iTrader: (4)

Are you sure you don't want a sedan? tbh I own a 08 coupe for about 4 years and I'm looking for something more spacious with the right power.

Otherwise, I'd try to get atleast get it for $42-43K haggle a bit more if you can.

Good luck.

GTLAW

iTrader: (4)

VEry good deal

Samurai

iTrader: (2)

Its a great price and like everyone says try and get them down a couple of thousand. You can get it down to 42k. Good luck!

GraphiteIPL

Thanks for all of the feedback. Here is the updated deal. They lowered the price of the IPL to $44,500 and increased the trade allowance on my 2009 G37S to $25,500 which I think is a pretty good deal, at least on the trade. The only issue is due to a recent credit hiccup (my own fault) I was given an interest rate of 10.99% which comes out to $721 per month for 72 months with $4,500 out of pocket.

They did, however, say I qualified for a 3.9% promotional rate on a left over 2011 G37S convertible which I would be able to finance for 66 months with $3000 down and a lower payment than the IPL. That totally messed with my head. I was all set on the IPL but the convertible looks to make more sense.

Is there any idea which car would hold it's value better 3 to 5 years down the road?

Best Regards,

Michael

Doc750

Call another bank (or credit union) and get a Better rate


Like I said, if it was me personally I would care.

frty9rsfn

you can def get a better rate... dont allow them to make you think that you cant get a better rate... they were giving my gf a 9% and i told them that that was insane since i had just gotten mine with a 3.9% interest... so they dropped hers to 4% the next time they came back out... you can always push the rate down!!!! keep pushing!!!

didnt you just swap the front and sides on your G37S for the Aero/IPL front and sides?? Why would you trade in for IPL?? i know you get the red seats and few additionals (18 hp)...but its not worth it... IMO...

Beer Magazine

Most "special editions" don't actually offer the best interest rates, and usually have a lower residual value.

Also you might be able to get the rate lower, but if your credit is bad (which it seems like) banks aren't going to run to give you money.

Here's my question.

Are you getting negative off your trade? I assumed you said you where getting that as part of the trade...because 721/moth is a total of 51912...which is stupid.

What are you actually financing..what is the balance on your trade? Seems like you should do the smart thing on that.

kaoticdemize

iTrader: (2)

would actually be 56412 because of the 4500 down. Sounds like negative equity to me plus the fact of the higher interest rate. Keep in mind the max mark up a dealer can do with conventional financing is 2% (generally) I would go with the 2011 vert with the 3.9 (tier 2 rate) which can have no mark up.