Nissan 370Z Forum

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-   -   Buy-Back/Trade-Back (http://www.the370z.com/nissan-370z-general-discussions/19974-buy-back-trade-back.html)

kannibul 06-01-2010 02:47 PM

OK...final explaination

I'd been thinking of selling the Z because I've not been all that happy with it. I've felt for a while now that the 7AT is limiting my options to upgrade the car, and limiting my fun with it. In addition, it's a redundant vehicle for me...I have another vehicle that is just as much fun (if not more so)...the Z is basically a 4-wheeled motorcycle with a cabin and air conditioning. In addition, the Z can't carry anything in it - good luck carrying anything more than..well...nothing.

Truth be told, the motorcycle is more fun on shorter trips. Z is better on longer ones, but, doing longer trips on the bike is still fun...just not for one's rear.

I backed out of the deal for the Vette because the dealer screwed up the paint and a few pieces to the car, and wouldn't take care of all of them. If they called me up right now, and said "we'll fix everything" - I'll go through with it because I like the car.

The price I am paying for the car is $43999, plus $2K for TT&L. plus $2600 for an 84mo warranty, plus what I owe for the Z when compared to the buy-bid.

Had the Z not been "upside down" as much, I'd be out the door at $48599. Had I opted for no warranty and no TT&L...guess what...$43999.

How many here financed their Z and are posting ********? Throw a stone in a glass house....

esfourteen 06-01-2010 02:58 PM

Quote:

Originally Posted by kannibul (Post 558536)
OK...final explaination

I'd been thinking of selling the Z because I've not been all that happy with it. I've felt for a while now that the 7AT is limiting my options to upgrade the car, and limiting my fun with it. In addition, it's a redundant vehicle for me...I have another vehicle that is just as much fun (if not more so)...the Z is basically a 4-wheeled motorcycle with a cabin and air conditioning. In addition, the Z can't carry anything in it - good luck carrying anything more than..well...nothing.

So a corvette would fix that?

Jeffblue 06-01-2010 02:58 PM

Quote:

Originally Posted by kannibul (Post 558536)

How many here financed their Z and are posting ********? Throw a stone in a glass house....


what?

Nick911sc 06-01-2010 03:01 PM

I think these threads should be presented countrywide to help explain the debt problems Americans face on a day to day basis due to their financial decisions.

esfourteen 06-01-2010 03:02 PM

Quote:

Originally Posted by Jeffblue (Post 558548)
what?

he was implying that because a lot of us here finance our Z's, we shouldn't talk **** since we too are paying for them monthly. Which of course is not what anyone was ragging on him for, but for the actual deal he was making on the vette (84month financing) and complaining that it would make his budget tight to go with a shorter term.

Nick911sc 06-01-2010 03:04 PM

Actually, I think Kannibul should schedule a US tour in order to inform high school students about the effects of these decisions. Might help pay off some of those impulse purchases.

Modshack 06-01-2010 03:04 PM

Quote:

Originally Posted by kannibul (Post 558536)
The price I am paying for the car is $43999, plus $2K for TT&L. plus $2600 for an 84mo warranty, plus what I owe for the Z when compared to the buy-bid.

You have an unbelievable ability to rationalize this decision (and the numbers). Face it, they sold you the vette at $3000 more than you could have bought it elsewhere, and gave you $26,500 (wholesale, actual cash value for your Z). Doesn't matter how you play with the numbers, those are the facts. Your upsidedownness is what got you in trouble. Compounding that with another purchase is a fools game........

The dealer's profit on that deal (including the warranty) was around $5,000+, Plus his finance kickbacks, Plus another $3500 if he sells your Z for $30K (about what it's worth retail). In the car Biz, they call that a "Home Run"....right Lou?

In the realm of psychology, there's a word for all this... http://en.wikipedia.org/wiki/Cognitive_dissonance You are a classic example ...

FuszNissan 06-01-2010 03:06 PM

21 people viewing this thread...lol

IDZRVIT 06-01-2010 03:11 PM

This beats watching "The Young and the Restless"!:rofl2:

m4a1mustang 06-01-2010 03:11 PM

If you are going to finance a vehicle it's important to research resale values over time so you know the minimum amount of cash you need to put down so you're never underwater on the loan. I think most of us did this. :D

Sibze 06-01-2010 03:13 PM

This is the best thread ever!

Modshack 06-01-2010 03:17 PM

Quote:

Originally Posted by Sibze (Post 558568)
This is the best thread ever!

:tup:.....:iagree:

m4a1mustang 06-01-2010 03:18 PM

Quote:

Originally Posted by Modshack (Post 558571)
:tup:.....:iagree:

:iagree:

fairladyZ34 06-01-2010 03:28 PM

if someone can briefly summarize what happened, i seem to have missed an epic thread

Jeffblue 06-01-2010 03:33 PM

The only way i can think that selling your car for another car for financial reasons is if you downsized. I think most would agree with me, that unless you were selling your Z and buying a much LESS expensive car, you are making a bad choice. You would have been best off just keeping the Z and enjoying it. At this point it'd have been a financial wash between keeping the Z and enjoying it or buying a camry and not enjoying it.

FuszNissan 06-01-2010 03:36 PM

I say go buy gap Insurance and run it into a tree.

Modshack 06-01-2010 03:36 PM

Quote:

Originally Posted by fairladyZ34 (Post 558585)
if someone can briefly summarize what happened, i seem to have missed an epic thread

http://www.the370z.com/nissan-370z-g...hip-today.html

fullmonty 06-01-2010 03:36 PM

Quote:

Originally Posted by FuszNissan (Post 558595)
I say go buy gap Insurance and run it into a tree.

VDC on or off?

shadoquad 06-01-2010 03:38 PM

Quote:

Originally Posted by fullmonty (Post 558597)
VDC on or off?

:icon18: Better take it off, just to be sure...

fairladyZ34 06-01-2010 03:40 PM

Quote:

Originally Posted by Modshack (Post 558596)

ooh this thread hahaha, i was there at the start then saw it got locked and didnt bother reading thru it:roflpuke2:

Sibze 06-01-2010 03:43 PM

Quote:

Originally Posted by fairladyZ34 (Post 558600)
ooh this thread hahaha, i was there at the start then saw it got locked and didnt bother reading thru it:roflpuke2:


This one is in the countdown. Sooner or later AK will find it...

fullmonty 06-01-2010 03:43 PM

This thread is like one big ol' gangbang

Sibze 06-01-2010 03:43 PM

Quote:

Originally Posted by fullmonty (Post 558605)
This thread is like one big ol' gangbang


HA! :excited: :excited: :excited:

shadoquad 06-01-2010 03:45 PM

Quote:

Originally Posted by fullmonty (Post 558605)
This thread is like one big ol' gangbang

Are you suggesting that's a bad thing? Or asking to get in on the action? ;)

Sibze 06-01-2010 03:47 PM

O he's in on it,








All the way in!

FuszNissan 06-01-2010 03:48 PM

http://rlv.zcache.com/im_here_for_th...163yg7_400.jpg

fullmonty 06-01-2010 03:49 PM

Quote:

Originally Posted by Sibze (Post 558611)
O he's in on it,








All the way in!

I'm balls deep on this hoe

I Run L.A. 06-01-2010 03:51 PM

Quote:

Originally Posted by Modshack (Post 558558)
You have an unbelievable ability to rationalize this decision (and the numbers). Face it, they sold you the vette at $3000 more than you could have bought it elsewhere, and gave you $26,500 (wholesale, actual cash value for your Z). Doesn't matter how you play with the numbers, those are the facts. Your upsidedownness is what got you in trouble. Compounding that with another purchase is a fools game........

The dealer's profit on that deal (including the warranty) was around $5,000+, Plus his finance kickbacks, Plus another $3500 if he sells your Z for $30K (about what it's worth retail). In the car Biz, they call that a "Home Run"....right Lou?

In the realm of psychology, there's a word for all this... Cognitive dissonance - Wikipedia, the free encyclopedia You are a classic example ...


:eek: ........ :bowrofl:

Urzakor 06-01-2010 05:27 PM

Kannibul did pay too much, but you guys kicked him in the nuts when he was down. It's one thing to tell him, but damn... you guys tore him a new one. I'm sure he's well aware that it was a bad deal. Or at least he does now. No need to rub it in.


And the term is "We ripped his head off".

NewlyIMPORTed 06-01-2010 05:48 PM

GM bailout = Kannibul jk ... that does kinda suck

Trips 06-01-2010 06:00 PM

What a Train Wreck!!!

fullmonty 06-01-2010 06:02 PM

Quote:

Originally Posted by Triple's (Post 558793)
What a Train Wreck!!!

Chuga Chuga Chuga Chuga CHOO CHOOOO

NewlyIMPORTed 06-01-2010 06:03 PM

Quote:

Originally Posted by fullmonty (Post 558797)
Chuga Chuga Chuga Chuga CHOO CHOOOO

http://zorvival.com/wp-content/theme...majorpayne.jpg

Trips 06-01-2010 06:05 PM

Why doesn't it surprise me :rolleyes:

fullmonty 06-01-2010 06:08 PM

Quote:

Originally Posted by Triple's (Post 558806)
Why doesn't it surprise me :rolleyes:

Bend over. I'm gonna run a train on you next:yum:

Trips 06-01-2010 06:10 PM

Quote:

Originally Posted by fullmonty (Post 558808)
Bend over. I'm gonna run a train on you next:yum:

I'm not the one buying a vette :stirthepot:

fullmonty 06-01-2010 06:14 PM

Quote:

Originally Posted by Triple's (Post 558811)
I'm not the one buying a vette :stirthepot:

So do you wana get in on this one? I'll be the caboose!

NewlyIMPORTed 06-01-2010 06:15 PM

you better be a gentleman and offer a reach-around or im telling AK!

Trips 06-01-2010 06:17 PM

Monty, I think I came late to the Party!!!

fullmonty 06-01-2010 06:17 PM

Quote:

Originally Posted by NewlyIMPORTed (Post 558820)
you better be a gentleman and offer a reach-around or im telling AK!

Well he'll be balls deep. Kinda hard to give a reach around when ya got nothing to grab onto


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