Trying to buy a new Z
I currently have a 2010 Altima Coupe with about $10,000 left to pay. Can someone confirm my logic for buying a new 370Z with sports package?
1. Okay so there isn't a single 370Z in the state of kansas, which means any dealership I go to has to order it to be delivered. Will the price be hard to negotiate since there isn't one on the lot? 2. -Trade in my Altima for $20,000. subtract $10,000 from what I owe. -I have $10,000 to go towards the 370Z at $33,000(what I'm hoping to pay) which leaves me at 23,000. -Then I have an $8,500 cash downpayment. Now it's down to $14,500 which will be financed. Does this logic make sense, am I missing something, and what price can I get for a 2011 or 2010 370Z MT w/ sport package? 3. What color should I get?:excited: |
You are missing APR %, can you afford the payments?
Color is your choice. And Yes if the dealer doesn't have one on the lot it will be difficult to negotiate a good price. Last but not least check with Lou Fusz! |
if i remember correctly from past car purchases where i still owed on the car i was trading in, the dealer will add what you owe on your current car to the price of the new car which would make that $33k you are talking about on the Z more like $43k and then they will put the other $10k towards that figure which would make it go back to $33k and with your $8500 cash down payment would lower that $33k down to $24.5k which depending on your credit and the APR they offer you and at a maximum of a 72 month loan would make the payments anywhere from $450 to $600 a month roughly estimating.
P.S. Frogot to add that this does not even factor in taxes on your purchase |
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I'm not following your logic. I'm sure there's something very elemental that I'm missing from your explanation.... The way i see it if the trade in value is 20k, and the OP still owes 10k...then the OP will receive 10k towards the purchase of the new Z. Add 8.5k down in addition to the 10k and you've got 18.5k off agreed purchase price (not including TTT and other associated transportation and dealer fees and detail fees and you've got shorts on today fees). |
You can't add the $10k he owes and only subtract $10k of value - his trade-in is worth $20k so you lost him $10k - do you work at a carnival?
His math is right. |
Ps. Color is a VERY personal choice. Nearly every chump on this site will tell you their color is the shiznit and you're a foo to get any other... If it were my choice...I'd stray from white or black, but not because they don't look sick or anything. My comment is based merely on the maintenance aspect. White and black show EVERY bump, stain or blemish. Silver doesn't show dirt very much.... However, hands down, I think the best colors are the Platinum Graphite and the Monterey Blue..my that's just my opinion FWIW. :tup:
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yeah i just reread my post and it doesnt make sense to me either, it has been a long day at work so forgive my brain being fried at the moment lol. As for OP, if you can work out a good deal in your favor i say go for it! payments will be pretty low and you'll be all the happier for owning a Z :D although i have to say that $20k for your altima coupe is a pretty optimistic figure depending on what engine you have in your coupe.
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i realized my mistake as you were typing this, but do you really have to add in an insult at the end? |
It's okay Zealot, you made me rethink that though lol. Also my car is valued a little more than $20,000. I have the 2.5S with convenience package(new is $27,000)
Anyways, when I go to the dealerships, I should ask for an invoice of a 370Z that they don't have? Also is Papozalsa correct when he said that negotiating would be difficult since they don't have the car? I figure they want me to buy any car from them regardless if they have it or not. I could simply just not do business with them at all or they could make a little bit of profit from me, and a plus would be having another customer telling other people about how good their business is. |
Are you sold on buying a brand new Z? Used is always an option. I bought mine w-10k miles on it...Hell...that's barely past a coupla oil changes.
Just a thought. |
Well just to give you my scenario so you might know what to expect, i had to have the dealer order my Z as they didnt have the color i wanted (Monterey Blue), now being that it is one of the dealers on this forum they still quoted me a good price right at invoice which for the options i wanted was about $32k. As most will tell you on this forum that is still a very good price, but most of the time thats all the dealer will go down down to is invoice if they have to order the car for you as it hasnt been on there lot long enough for them to lose money on it through taxes and such that they pay for the car while it sits on their lot which is why alot of the time you can work a dealer down below invoice as they are already losing money on the car while it sits on their lot. I say if you can work the dealer down to an invoice price on a car they have to order then you have done pretty well for yourself.
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I don't think used is an option because I've only found like 1 or 2 370Zs in Kansas, which happens to not be the ones I'm looking for. BTW how much did you buy your used Z for anyways Happytheman?
Okay gotcha, so invoice is my best bet and it'll be difficult to achieve that price I presume. I think I will get the brilliant silver because little dings, scratches, and dirt will not show easily. I really wanted either black or monterery blue though. |
Monterey Blue M/T Sport/Touring w/tints..perfect condition...28k. :tup:
Look outside of your state. Don't limit yourself to just Kansas. Most dealers handle out of state transactions all the time and will be (wouldn't you know it) happy to help you with your purchase. |
Yeah buddy! Kansas is awesome!
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:iagree:
I spent every night SOLID for SEVEN months scouring Carmax, Carfax, Autos, Autotrader and everything in between 'til I found mine.....but DAMN...it was all worth it! Do yourself a favor and make sure you see one in person (if you haven't already) before making your final purchasing decision! |
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Sorry for the bombardment of questions lol, I might be buying from there. |
Oh yeah and thanks guys for your input!
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Really? I see a few 370Zs here at my local dealership. Mine was ordered as well, and this one was headed to Lenexa or something.
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i LoLd
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Dorothy and Auntie Em.... |
Kansas...
...nuff said:happydance:
http://www.the370z.com/members/digit...0-dsc-4051.jpg Sorry no farm land... |
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I would also recommend approaching dealers through their internet sales. I've read that those departments typically have different incentives than the people on the sales floor. I basically bought a yellow manual with every option except the nav system and paid about $1,000 under MSRP. It ended up around $41,000 after tax, title, and fees. I started looking in April of 09 and picked it up in mid-May. I probably didn't get as good a deal as most people but I was more concerned about getting the color and options than the lowest price. I was a little nervous that yellow cars were becoming harder to find by that point in the year. If I'm going to spend this much money, I have no problem spending a little more to get exactly what I want. Yellow is the hottest color! Get a used one so that you can get yellow! The 370Z is pure sex! It is hot, loud, and rough! |
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Step 1: read all the "sticky" threads in the Pricing / Ordering forum
Step 2: find the invoice price on your own and don't pay anything over that Step 3: assuming you have good credit, don't agree to an APR over what PenFed is offering (2.49% right now) |
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Did you ever see the show "Mind Control with Derren Brown"? It was on SciFi a few years ago - in some he played some change games and also turned in a losing horse bet ticket for money. |
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Okay so I got an invoice price of $32,286 for a 2011 370Z MT with sport package, carpeted mats, trunk mat, and splash guards. Should I go for it, or can I do better?
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i think it's possible to do better, but it depends on a few other factors, including availability in kansas and the dealer's offer amount on your trade-in.
for example, i got the same package in '10, minus splash guards, for 30,500, but i took a hit on the trade-in value of the car i traded in. plus, at the time, every dealer around me had a good number of 370z's sitting on their lots. if the dealer is giving you a good trade value, that price could be worth it. i've never once gotten a trade value from a dealer that i really thought was fair, though. if you're patient, or you can temporarily float the funds, you could end up doing better by grabbing the z at a good price and selling the altima private party.. |
the car really went up in price. i paid 28600 for the same car last year
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I'm guessing it was a 2010.
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2009 purchased in mar 2010. I think you can get roughly the same deal on the left over 2010 now
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Yeah I thought so.
I'm still debating on what color to get. *Brilliant Silver = +Looks clean longer, +scratches & dents are not as visible, *Monterey Blue or Pearl White = +Has metallic flake, +/- Not sure how clean it stays *Black = +The color I really want, -Gets dirty quickly, -scratches and dents are more visible Is there anything I'm missing? Btw I hear Nissan's paint quality is garbage. I've had a bad experience with red on my altima. Is it true about all the colors? |
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