Planning Ahead - Purchasing a G37 (hopefully X)
10-28-2011, 10:54 PM
#16
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Hi guys...first post here and felt it fitting as I just bought a used G37x today
. I have been shopping for about six months off and on and was not going to pull the trigger unless the right deal came along. I had no need to replace the vehicle.
I ended up buying a 2010 G37x with 21,000 miles. Premier and Nav packages. Car is in essentially showroom condition. Price I paid was $26,500 before TTL. From what I had seen the past six months I did very well.
Hoping to contribute as I learn the vehicle more.
. I have been shopping for about six months off and on and was not going to pull the trigger unless the right deal came along. I had no need to replace the vehicle.I ended up buying a 2010 G37x with 21,000 miles. Premier and Nav packages. Car is in essentially showroom condition. Price I paid was $26,500 before TTL. From what I had seen the past six months I did very well.
Hoping to contribute as I learn the vehicle more.
10-29-2011, 10:25 AM
#18
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To me, that is definitely one of the reasons why I would be looking to buy used. My salary will be around $47,000 which is quite generous to me considering I will be a recent grad with zero experience other than an internship. 
Like I mentioned, I will probably have to finance some part of the vehicle. Unfortunately that will bring into mind higher IRs as a few people mentioned. I would have to do some more calculations late next year when I'm closing to making the decision.
eljoker: Want to send a private message about that?
Like I mentioned, I will probably have to finance some part of the vehicle. Unfortunately that will bring into mind higher IRs as a few people mentioned. I would have to do some more calculations late next year when I'm closing to making the decision.
eljoker: Want to send a private message about that?
To each their own. By buying a one year old car, we saved at least $7k...much more if the previous owner wasn't a phenomenal negotiator. That means the previous owner paid at least 64-cents per mile in depreciation costs alone to drive a new car...that was really only new until he or she drove it off the dealer's lot.
We pay cash for our vehicles, so we don't need to consider financing costs beyond opportunity cost. I'm not a fan of financing depreciating assets - or "renting" vehicles by leasing.
Certainly if the OP needs to finance the purchase (or lease), the interest rate difference between new and used should be considered. Khaoticdemize brought up a good point.
We pay cash for our vehicles, so we don't need to consider financing costs beyond opportunity cost. I'm not a fan of financing depreciating assets - or "renting" vehicles by leasing.
Certainly if the OP needs to finance the purchase (or lease), the interest rate difference between new and used should be considered. Khaoticdemize brought up a good point.
10-29-2011, 05:04 PM
#20
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10-30-2011, 09:06 PM
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My patience paid off...I think there was some luck in there also.
10-30-2011, 09:34 PM
#22
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100% real. I agree...it was a VERY good price. Like I said, I have been shopping for a while and I had not seen another vehicle even close to this price. I will tell you this. I think the dealer did not know what they had. It was a Jeep/Chrysler dealer. They did not market it very well and did not even mention the Premium or Nav packages. They KBB price they had listed on the sticker is quite a bit less than what I find it worth on KBB.
My patience paid off...I think there was some luck in there also.
My patience paid off...I think there was some luck in there also.
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