Need some advice to buy 2011 370z Nismo

Lemers · 02-08-2011, 09:04 AM

I believe If you sell the car out right you have to report it as income and pay taxes on it but if you trade in the car it's not reported as income and you don't need to pay taxes. So if figuring out of you should sell or trade subtract the taxed amount from would you would get for selling the car. That is the amount you need to compare to trade in value.

TWYNBYZ · 02-08-2011, 03:47 PM

I just negotiated a price of $37,500 for a loaded 2011 370Z Nismo. I unfortunately didn't pull the trigger because of my trade in. You should be paying no more than what I stated above being that this price is about $200 to $300 over dealer invoice.

Like another forum member told me, anything above invoice is a rip off.

Good luck with your search!!

Nismo-Z · 02-08-2011, 08:30 PM

I purchased my 2011 Nismo just 2 weeks ago and got the price down to $37,500. Only buy the car if you can afford the monthly payment and required maintenance. Consider that you may have negative equity carried over if you decide to trade the G37x. Since you stated that you are on a limited budget and currently a student, I would hold off on the Nismo until you are more financially secure (example: college degree, place to live, and savings fund). You own a very nice car and i would keep it.

keith4k · 02-09-2011, 07:47 AM

I am an international student, so my parents pay for my g37x by cash, no need monthly payment. My budget is about 6,000-10,000. Do you think it's possible?

Nismo-Z · 02-09-2011, 08:21 AM

It really depends on what the dealer will offer for the trade, the additional coverages you may buy, and whether market price in your area will allow it to be sold for around invoice
You may need to pay for sales tax, licensing fees and any other dealer fees. So figure an extra $2k -3k on top of base price. The negotiations may require you to be patient and firm on price. I know when I was negotiating for my Nismo the dealer was reluctant to let it go; however, I purchased 3 Z cars from that dealer before so it was easier.

fart_cannon · 03-24-2011, 11:16 PM

Quote:

Originally Posted by Nismo-Z

I purchased my 2011 Nismo just 2 weeks ago and got the price down to $37,500. Only buy the car if you can afford the monthly payment and required maintenance. Consider that you may have negative equity carried over if you decide to trade the G37x. Since you stated that you are on a limited budget and currently a student, I would hold off on the Nismo until you are more financially secure (example: college degree, place to live, and savings fund). You own a very nice car and i would keep it.

details on this incredible deal? I am in the market for one as well. Where did you get your nismo from?

keith4k · 02-09-2011, 07:43 AM

37,500? Could you tell me how you can get that good price? Since I am not good at negotiate about the price. Tell me some detail about how, please!!

keith4k · 02-09-2011, 07:41 AM

Thank you your explanation, it helps a lot!!

02-08-2011, 09:04 AM	#1 (permalink)
Lemers A True Z Fanatic Join Date: Mar 2010 Location: Izmir, Turkey Posts: 15,371 Drives: 2012 Traverse LTZ Rep Power: 54	I believe If you sell the car out right you have to report it as income and pay taxes on it but if you trade in the car it's not reported as income and you don't need to pay taxes. So if figuring out of you should sell or trade subtract the taxed amount from would you would get for selling the car. That is the amount you need to compare to trade in value. __________________ 2010 Black Cherry Touring/Sport/Nav Now - 2012 Travese LTZ until I leave for Turkey

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02-08-2011, 03:47 PM	#2 (permalink)
TWYNBYZ Base Member Join Date: Jan 2011 Location: S. Cali Posts: 229 Drives: 2013 Pearl White GTR Rep Power: 16	I just negotiated a price of $37,500 for a loaded 2011 370Z Nismo. I unfortunately didn't pull the trigger because of my trade in. You should be paying no more than what I stated above being that this price is about $200 to $300 over dealer invoice. Like another forum member told me, anything above invoice is a rip off. Good luck with your search!!

02-08-2011, 08:30 PM	#3 (permalink)
Nismo-Z Base Member Join Date: Jan 2011 Location: Charlotte Posts: 21 Drives: 11' 370z Nismo Rep Power: 16	I purchased my 2011 Nismo just 2 weeks ago and got the price down to $37,500. Only buy the car if you can afford the monthly payment and required maintenance. Consider that you may have negative equity carried over if you decide to trade the G37x. Since you stated that you are on a limited budget and currently a student, I would hold off on the Nismo until you are more financially secure (example: college degree, place to live, and savings fund). You own a very nice car and i would keep it.

02-09-2011, 07:47 AM	#4 (permalink)
keith4k Base Member Join Date: Feb 2011 Location: LA Posts: 8 Drives: 10 Infiniti G37x Rep Power: 16	I am an international student, so my parents pay for my g37x by cash, no need monthly payment. My budget is about 6,000-10,000. Do you think it's possible?

02-09-2011, 08:21 AM	#5 (permalink)
Nismo-Z Base Member Join Date: Jan 2011 Location: Charlotte Posts: 21 Drives: 11' 370z Nismo Rep Power: 16	It really depends on what the dealer will offer for the trade, the additional coverages you may buy, and whether market price in your area will allow it to be sold for around invoice You may need to pay for sales tax, licensing fees and any other dealer fees. So figure an extra $2k -3k on top of base price. The negotiations may require you to be patient and firm on price. I know when I was negotiating for my Nismo the dealer was reluctant to let it go; however, I purchased 3 Z cars from that dealer before so it was easier.

02-09-2011, 07:43 AM	#7 (permalink)
keith4k Base Member Join Date: Feb 2011 Location: LA Posts: 8 Drives: 10 Infiniti G37x Rep Power: 16	37,500? Could you tell me how you can get that good price? Since I am not good at negotiate about the price. Tell me some detail about how, please!!

02-09-2011, 07:41 AM	#8 (permalink)
keith4k Base Member Join Date: Feb 2011 Location: LA Posts: 8 Drives: 10 Infiniti G37x Rep Power: 16	Thank you your explanation, it helps a lot!!