:icon14: Then how can you believe your info is correct?

omg, car dealerships are in business to MAKE MONEY?!?!?! :eek: Holy crap! You learn something new every day, I guess.

Sales employee.:roflpuke2:Panda :roflpuke2:

That's the very challenge. The whole idea here is to provide estimates and information for people on this forum to use as a tool. The more people are posting, the more trends you see in OTD and selling prices. I plan to purchase a 370z Touring with Sports Package in the LA area and will post all my information; on what selling price they agreed to, how much I financed, at what APR, terms, Tax rate, Dealership fees total.

Because obviously if i went through with financing it for 72months that the dealership would make close to 12k in profit? From the salesguys perspective I would count that as a win..until I paid the car off early.

I'd love to see your credit score if the dealer is making 12k in profit off of your loan.

Just playing with the numbers, but if the purchase price is 32K with 6% tax (i dont know what it is in Connecticut) and ~500 in fees, you are looking at 34.5k OTD. Put down 15k that leaves 19.5k for the loan. Add 12k in "dealer profit" and you get 31.5k. Divide that by 72 months and you get 437.5. To get to a monthly payment of 437.5 you would need to be approved for 72mo @ 17.25%. :eek:

LoL, that's like my credit card rate.
Anyways the Edmund, kbb, etc. sites invoice prices are fairly accurate because they get the numbers right from dealerships employee's or other people in the business. They maybe a percent or two off but that's about it. There are other factors that can help the dealer sell under invoice price but they are small not on the order of 20% below.

@NCSU
When I was at the dealership I was just playing with numbers as well trying to see how low they would go and that's what it came out to. But as far as paying goes I'd essentially pay it off close to 2 months after leaving the lot.

*Edit*
If it helps the dealership that I went to was Barberino Nissan.

*Edit2*
@Nismo
One of the factors of the dealership I went to as well was that at least in CT they sell Pathfinders/Xterras/every nissan SUV/Truck under the sun and especially Versa's like it's going out of style, but as far as Z cars go they have a handful of 2009's and 2010's sitting in their auxiliary lot. I'm not saying it's fact that it dropped the price or maybe because they just want to push it so they don't end up like the other cars on the lot.