Would you buy at this price and spec?
05-01-2017, 12:51 PM
#1
Registered User
Thread Starter
Would you buy at this price and spec?
Let me know if you'd buy this G. Price and Specs below. A friend of mine is considering selling. I bought my G with exact same specs last year for pretty much the same price. Only difference is mine has the rear spoiler.
Just want to see how others view this opportunity, in present day. Thinking of letting my younger cousin know before my friend lists it.
Price: 17,500 CAD or 12,800 USD
2010 G37 xS Sedan Black on Black fully loaded Navigation, Sport, Premium, Technology; with 80,000 miles or (128,000 kms) no accidents, clean title, local vehicle, 2 previous owners, dealer serviced, new tires.
Passed PPI from Infiniti Dealer.
Just want to see how others view this opportunity, in present day. Thinking of letting my younger cousin know before my friend lists it.
Price: 17,500 CAD or 12,800 USD
2010 G37 xS Sedan Black on Black fully loaded Navigation, Sport, Premium, Technology; with 80,000 miles or (128,000 kms) no accidents, clean title, local vehicle, 2 previous owners, dealer serviced, new tires.
Passed PPI from Infiniti Dealer.
05-01-2017, 03:13 PM
#2
Clean trade in for a car meeting those specs is $12,750 USD at the max according to NADA. So, no I wouldn't buy the car at the asking price since it's a bit high and I would have the fees of transferring it into my name to deal with.
I'd be looking at another $1-1.5k here in the states if it was a state to state sale; pending the sales' tax. A dealership would list it around $15k USD if they were selling so I can't see them offering more than $12k USD or CAD equivalent in order to maximize profit and sell quickly - They'd probably accept around $14-14.5 USD at the end of the day for the car. Quick sale, they make $2-2.5k USD and new buyer gets the car for roughly $5-600 under the cars estimated worth. Every one is happy.
So that would being said, the highest I'd go on it is $12k USD.
Edit: Doesn't mean that's where I'd start.
I'd be looking at another $1-1.5k here in the states if it was a state to state sale; pending the sales' tax. A dealership would list it around $15k USD if they were selling so I can't see them offering more than $12k USD or CAD equivalent in order to maximize profit and sell quickly - They'd probably accept around $14-14.5 USD at the end of the day for the car. Quick sale, they make $2-2.5k USD and new buyer gets the car for roughly $5-600 under the cars estimated worth. Every one is happy.
So that would being said, the highest I'd go on it is $12k USD.
Edit: Doesn't mean that's where I'd start.
05-01-2017, 03:30 PM
#4
Registered User
Thread Starter
Thanks guys for the response.
RMB - that's exactly what I am looking for. Obviously relative to US Markets but the information you gave is very helpful.
RMB - that's exactly what I am looking for. Obviously relative to US Markets but the information you gave is very helpful.
05-01-2017, 03:35 PM
#5
Glad I could help. All the bonuses your friend has works greatly to his advantage and will help him - it's still too high though. At the end of the day, cash is king and if someone were to flash enough bills that were 3-4k under asking your friend might be inclined to take that over just talking numbers.
Ex. Friend asks for 17,500 CAD and cash buyer offers 14,000 CAD he might be inclined to take the 3,500 under asking for the cold hard cash that he can put right in his pocket.
Ex. Friend asks for 17,500 CAD and cash buyer offers 14,000 CAD he might be inclined to take the 3,500 under asking for the cold hard cash that he can put right in his pocket.