Trade In

ImportConvert

Never pay over invoice. There is still about 2K or so in dealer hold-back that is profit. If you bought at invoice, the dealership still made enough to keep the lights on, pay the employees, and grow, and noone screwed anyone over UNLESS you beat up the sales person. Know what you want, and your sales-person is just filling out paper-work for $1-200.

Basically, they will make about $50/hr for the time they deal with you on this "mini-deal". To me, that is fair. I used to work for Ford, and when I made mini-deals where the customer came in, knew what they wanted, could buy, and just had me fill out papers, I was happy to get my (then) $100 for that little work.

speedworks

^^precisely. I'm not paying invoice, but am asking what the OP payed compared to invoice so we can understand if the trade in $ was exchanged for new car price.

Zsteve

I just traded my Z in for a vette and they tried to give 2600 under excellent condition. My car was 26,500 KBB and they went way under at first. I guess these things are hard to re-sell for what they are worth.

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2010 LS3 C6 Silver coupe corvette

ImportConvert

Yep, I would give the OP 100K for his 370Z if he gave me 108K for my G20

ImportConvert

Well, Nissan has had to cut production of them due to slow sales, and every lot I go to has a ton of them sitting inside, outside, etc. in Nismo, Touring, 40th flavors, etc.

I think the new Camaro, and new mustang have really hurt sales. A lot of people (myself included) are looking at the price-tag, and looking at the horsepower, and going with the other available options and feeling (right or wrong) patriotic about buying an "american" car.

I have seen 370's sitting in ford and gm lots a lot, lately, as well.

fairladyZ34

I am 19, had a 370z and now a G37 needless to say my dad doesn't drive my cars lol, i tell him he can drive his 69 corvette

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From Z to G to BMW and back to a G! Nismo for life

Zsteve

Well GM got another sittin in their lot now. I needed new tires and that was part of the reason they low balled me. The 2010 had been on the lot for awhile so they cam off of it to add to the trade in. They still made money tho.

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2010 LS3 C6 Silver coupe corvette

ImportConvert

GM marks up the 'vette around 9.5-10% above invoice, and above and beyond that, is about 2K dealer hold-back.

When I buy, Invoice is the starting point of negotiations. I have already gotten the manager to commit to a sale at invoice on a new Z. I told him if he wanted the sale--and I wanted to buy local--that was the stipulation, otherwise I would pay $950 and have someone ship it to me that would go to and below invoice. Plenty of GM dealers do.

Snakes709

I got 30,000 even for my 09 370z with 16,000km on it and abit of cosmetic damage.

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2011 Evo-GSR AMS 2.4 stroker/ bore, FP Black build in progress.
Sponsor: DSG Performance

ImportConvert

What did you trade it in on?

Shift

Invoice was 41300 talked they dn to 38. After the differance of my trade dn to 35an change.
One thing I'll never do again is put big money dn on a car.

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2009 Mt Blue 7AT * GTSpec 4 point brace * Berk HFC * Stillen GEN III * Berk CBE * Forgestar F-14 * NISMO S Tuned Spoiler

Shift

Jeep Grand Cherokee Limited

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2009 Mt Blue 7AT * GTSpec 4 point brace * Berk HFC * Stillen GEN III * Berk CBE * Forgestar F-14 * NISMO S Tuned Spoiler

ImportConvert

Money down is nice, but the point I think is good to stop at is where you cover TTL + attain equal-equity. At that point, just finance it. Otherwise you're just waiting, and whats $2-300 more in a note once a month?

Zsteve

exactly what I did with the vette. paid the TTL and then kinda fianaced it, since its 0% financing. But now every penny goes to principle.

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2010 LS3 C6 Silver coupe corvette

Snakes709

i traded it in for my srt-10 ram

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2011 Evo-GSR AMS 2.4 stroker/ bore, FP Black build in progress.
Sponsor: DSG Performance