Need your opinion....Please

BlueZair

Thank you guys. I appreciate all your opinion on this. I'll keep you guys posted tomorrow. Z or No Z.

wilsonp

If its exactly what you want, keep it. If it isn't look for another.

See if they'll throw in an extend warranty - that way they can meet you halfway.

__________________
2014 Cayman S PDK Sport Chrono White/Black
Was 2009 370Z Touring Sport+Nav 7AT Metallic Black/Persimmon
Was 1991 NSX Auto Black/Black

BlueZair

I wish I can,but they are a toyota dealership Wilsonp

gsxr750

$29800 is way too much for the car that is full retail, if you are smart you never pay more than the trade in value for a used car, because it is a well known fact that dealers never really ever pay more than THE WHOLESALE PRICE for a used car when it is traded, unless it is a very low mileage car or a collector item etc.

These are the values for this 370Z 2009 touring

Retail $29,800
Private party - $27,000
trade in -$24,300
wholesale -$21,300

They key thing to remember here is that kellybluebook and edmunds used to list the actual dealer wholesale cost of a used car, but they dropped that figure and replaced it with a private party sale price. The factor for determining the actual whole cost of what a dealer paid for the car is to look at the range between all for prices, the example above shows a $3000 price spread between each of the upper figures. Now take $3000 spread and subtract it for the Trade in price of $24,300 - $3000 = $21,300 actual dealer cost.

The true cost of what you should pay for this car is between the wholesale and trade in price, $22,300 would actually be a good deal on this car. Dealer makes a $1000 profit which is more than enough.

The important thing to remember is that if for some reason you had to sell the car the very next day on a used car or a left over is that no dealer is going to give you more than the wholesale value to take it off your hands.

This is some of the dirty little secrets dealers don't want consumers to know.

wilsonp

That means they can't give you a Nissan extended warranty, but my Nissan dealer was going to give me a third party warranty to start with. As long as its a company that covers any dealer/garage you would be good.

__________________
2014 Cayman S PDK Sport Chrono White/Black
Was 2009 370Z Touring Sport+Nav 7AT Metallic Black/Persimmon
Was 1991 NSX Auto Black/Black

gsxr750

The price you paid isn't to bad if you really wanted the car and it was in perfect condition. As most of the dealers here in Las Vegas are scumbags to deal with, I'm originally from NY and there is no end to the scams dealers try here out west. The nissan dealer up here tried to charge me an extra $1000 for set up and destination and adverstising which is already built into the MSRP already and $450 for documents fee. I had to pay the $450 doc fee but had the price of the car reduced by $450 and I didn't pay the additional $1000 dealer BS charge. Basically at the dealers money talks and BS walks, if you got the funds, you can name your own price as long as the dealer walks way with $500-$1000.

Basically the dealer made about $4000 off you for a used car and my dealer only made $960 on my new 12 370z with sport package manual, $36800 OTD price.

In this example you can see that its always better to buy new than used, specially from a dealer. only buy used if its from family, friends or someone you trust privately.

BlueZair

Gsxr750, i got the car for $25,245.07 no tax,and other fees.

BlueZair

I might want to return the car now.

gsxr750

If they give you that option with buying the used car it might be wise to do so,or at least negociate a few thousand back on the transaction.

BlueZair

I'll try my best today.Wish me luck!

gsxr750

Just make sure you pick up the check in person, they may have a time limit and jerk you around about mailing a check out and its after the time limit and they would say that you never contacted them about the return. Or at least a signed letter from the dealership detailing their promiss to you. Most dealers will kiss your *** before the sale, but after when they have your money, they treat you like sheep being eaten by wolves.

sfearl1

^^ that's what i got from his update

__________________
Scott

Aizen Sosuke

I'm glad it all worked out, your original offer was more than fair for them as well. As gsx-r said make sure about the return check, if possible pick it up yourself

BlueZair

Hi Guys, I've been busy between work,and dealing with the Dealer.I guess I'm keeping the car,since they are giving back the money they supposed to.the Z.

nmjaxx9

Nice congrats