Trading 370 for 5.0?

370Z Purist · 02-22-2011, 04:38 PM

Quote:

Originally Posted by kenchan

is that the same car mustang got?

If I recall, he does have a 5.0.

m4a1mustang · 02-22-2011, 04:37 PM

I made the trade in September of last year and it was worth it. If you want the car and the numbers work out for you, go for it.

spearfish25 · 02-22-2011, 06:29 PM

Here are some tips I put together so I don't fall into traps during my next car purchase. Hope this is helpful for everyone:

Car Buying: Things to remember when purchasing

Drive the exact car you want. If a dealer doesn’t have the exact car, find one that does.
Ask for a take home test drive (keep the car for an evening). If they don’t allow it, settle for nothing less than a no-salesperson test drive. They can be distracting.
Don’t be bullied or pressured.
DO NOT SHARE DESIRED MONTHLY PAYMENTS or TRADE IN VALUES. Say you’re only looking to discuss purchase price and you want to hear what their trade value is.
The dealing isn’t over when you’re done with the sales person. Finance managers will push extended warranties, paint protection, etc. Also, carefully evaluate their rates. They will add a percentage point to the bank rate or use rates to steer you into other additional charges to make extra money.
Reply to bullying lines with mirrored answers. “This offer ends at the end of the month” gets “My purchase offer ends tonight.” “I have to put food on the table” -> “I have to keep food on the table.” “I have to check with my manager” -> “I have to check with my spouse”. “We’re already losing a lot of money on this deal” -> “I’m already losing a HELL of a lot of money on this deal.” “I have another offer, this car is in high demand” -> “They have this car down the street or I’ll just order one from someone else.”

b1adesofcha0s · 02-22-2011, 07:25 PM

Quote:

Originally Posted by spearfish25

Here are some tips I put together so I don't fall into traps during my next car purchase. Hope this is helpful for everyone:

Car Buying: Things to remember when purchasing

Drive the exact car you want. If a dealer doesn’t have the exact car, find one that does.
Ask for a take home test drive (keep the car for an evening). If they don’t allow it, settle for nothing less than a no-salesperson test drive. They can be distracting.
Don’t be bullied or pressured.
DO NOT SHARE DESIRED MONTHLY PAYMENTS or TRADE IN VALUES. Say you’re only looking to discuss purchase price and you want to hear what their trade value is.
The dealing isn’t over when you’re done with the sales person. Finance managers will push extended warranties, paint protection, etc. Also, carefully evaluate their rates. They will add a percentage point to the bank rate or use rates to steer you into other additional charges to make extra money.
Reply to bullying lines with mirrored answers. “This offer ends at the end of the month” gets “My purchase offer ends tonight.” “I have to put food on the table” -> “I have to keep food on the table.” “I have to check with my manager” -> “I have to check with my spouse”. “We’re already losing a lot of money on this deal” -> “I’m already losing a HELL of a lot of money on this deal.” “I have another offer, this car is in high demand” -> “They have this car down the street or I’ll just order one from someone else.”

Great advice man! Thanks!

FuszNissan · 02-23-2011, 12:43 PM

Quote:

Originally Posted by spearfish25

Here are some tips I put together so I don't fall into traps during my next car purchase. Hope this is helpful for everyone:

Car Buying: Things to remember when purchasing

Drive the exact car you want. If a dealer doesn’t have the exact car, find one that does.
Ask for a take home test drive (keep the car for an evening). If they don’t allow it, settle for nothing less than a no-salesperson test drive. They can be distracting.
Don’t be bullied or pressured.
DO NOT SHARE DESIRED MONTHLY PAYMENTS or TRADE IN VALUES. Say you’re only looking to discuss purchase price and you want to hear what their trade value is.
The dealing isn’t over when you’re done with the sales person. Finance managers will push extended warranties, paint protection, etc. Also, carefully evaluate their rates. They will add a percentage point to the bank rate or use rates to steer you into other additional charges to make extra money.
Reply to bullying lines with mirrored answers. “This offer ends at the end of the month” gets “My purchase offer ends tonight.” “I have to put food on the table” -> “I have to keep food on the table.” “I have to check with my manager” -> “I have to check with my spouse”. “We’re already losing a lot of money on this deal” -> “I’m already losing a HELL of a lot of money on this deal.” “I have another offer, this car is in high demand” -> “They have this car down the street or I’ll just order one from someone else.”

Sshhhhh.......

Red__Zed · 02-23-2011, 12:50 PM

Quote:

Originally Posted by FuszNissan

Sshhhhh.......

shadoquad · 02-23-2011, 12:47 PM

Quote:

Originally Posted by spearfish25

“I have another offer, this car is in high demand” -> “They have this car down the street or I’ll just order one from someone else.”

lol I was at a Nissan dealership, and a salesperson pointed across the sales floor to a couple who had just walked in. He said to me, "They're here to look at the same car you are." I responded with, "Well then, sell it to them. I'm sure Nissan will make more Z's and I'll keep making money."

ProfessorDave · 02-23-2011, 12:50 PM

Quote:

Originally Posted by shadoquad

lol I was at a Nissan dealership, and a salesperson pointed across the sales floor to a couple who had just walked in. He said to me, "They're here to look at the same car you are." I responded with, "Well then, sell it to them. I'm sure Nissan will make more Z's and I'll keep making money."

m4a1mustang · 02-22-2011, 07:28 PM

Get your car appraised at Car Max before you accept a dealer trade as well. Always a good idea.

Red__Zed · 02-22-2011, 07:32 PM

Quote:

Originally Posted by m4a1mustang

Get your car appraised at Car Max before you accept a dealer trade as well. Always a good idea.

For sure. Every once in a while they will surprise you with a good offer. If nothing else, it gives you more room to negotiate if you don't have a trade in.

b1adesofcha0s · 02-22-2011, 07:40 PM

Quote:

Originally Posted by m4a1mustang

Get your car appraised at Car Max before you accept a dealer trade as well. Always a good idea.

Yeah, that might be a good idea. My cousin did that and he said Car Max usually gives you an offer that is more than a dealer trade, without the hassle of having to sell the car on your own.

m4a1mustang · 02-22-2011, 07:48 PM

Quote:

Originally Posted by b1adesofcha0s

Yeah, that might be a good idea. My cousin did that and he said Car Max usually gives you an offer that is more than a dealer trade, without the hassle of having to sell the car on your own.

At the very least the dealer will (usually) match the CarMax appraisal.

Red__Zed · 02-22-2011, 07:50 PM

Quote:

Originally Posted by m4a1mustang

At the very least the dealer will (usually) match the CarMax appraisal.

and raise the price of the new car to compensate

m4a1mustang · 02-22-2011, 07:52 PM

Quote:

Originally Posted by Red__Zed

and raise the price of the new car to compensate

Negotiate the price of the new car before you work out the trade agreement.

NYBladeZ · 02-22-2011, 07:46 PM

As some have said if you can get a good deal do it! I've already driven 2 Stangs and while I wouldn't personally make the trade it is undeniable that the new 5.0 is very nice.

02-22-2011, 04:37 PM	#2 (permalink)
m4a1mustang A True Z Fanatic Join Date: Feb 2009 Location: Northern VA Posts: 55,385 Drives: on two wheels Rep Power: 6963	I made the trade in September of last year and it was worth it. If you want the car and the numbers work out for you, go for it. __________________ - Steve Zs & Coffee - Saturdays at 10AM in Fairfax, VA and Columbia, MD (Click the banner!) LIKE us on Facebook!

02-22-2011, 06:29 PM	#3 (permalink)
spearfish25 A True Z Fanatic Join Date: Mar 2009 Location: Naples, FL Posts: 4,117 Drives: to work Rep Power: 1857	Here are some tips I put together so I don't fall into traps during my next car purchase. Hope this is helpful for everyone: Car Buying: Things to remember when purchasing Drive the exact car you want. If a dealer doesn’t have the exact car, find one that does. Ask for a take home test drive (keep the car for an evening). If they don’t allow it, settle for nothing less than a no-salesperson test drive. They can be distracting. Don’t be bullied or pressured. DO NOT SHARE DESIRED MONTHLY PAYMENTS or TRADE IN VALUES. Say you’re only looking to discuss purchase price and you want to hear what their trade value is. The dealing isn’t over when you’re done with the sales person. Finance managers will push extended warranties, paint protection, etc. Also, carefully evaluate their rates. They will add a percentage point to the bank rate or use rates to steer you into other additional charges to make extra money. Reply to bullying lines with mirrored answers. “This offer ends at the end of the month” gets “My purchase offer ends tonight.” “I have to put food on the table” -> “I have to keep food on the table.” “I have to check with my manager” -> “I have to check with my spouse”. “We’re already losing a lot of money on this deal” -> “I’m already losing a HELL of a lot of money on this deal.” “I have another offer, this car is in high demand” -> “They have this car down the street or I’ll just order one from someone else.” __________________ 2013 Cadillac V-Wagon, RIP Z

02-22-2011, 07:28 PM	#9 (permalink)
m4a1mustang A True Z Fanatic Join Date: Feb 2009 Location: Northern VA Posts: 55,385 Drives: on two wheels Rep Power: 6963	Get your car appraised at Car Max before you accept a dealer trade as well. Always a good idea. __________________ - Steve Zs & Coffee - Saturdays at 10AM in Fairfax, VA and Columbia, MD (Click the banner!) LIKE us on Facebook!

02-22-2011, 07:46 PM	#15 (permalink)
NYBladeZ A True Z Fanatic Join Date: Apr 2009 Location: New York Posts: 2,158 Drives: Lotus Exige S Rep Power: 21	As some have said if you can get a good deal do it! I've already driven 2 Stangs and while I wouldn't personally make the trade it is undeniable that the new 5.0 is very nice. __________________ 2009 Carbon Fiber/Red 370z aka Trish: Sports Package, Meisterschaft full catback, Fast Intentions Longtube Headers, Injen Long Tube Intakes, UpRev Tune: Sold 2008 Lotus Exige S Club Racer aka Bella, always leaves me smiling

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