Question

inland2000 · 06-07-2009, 09:32 AM

Hello i'm new to this site, and I'm trying to buy a touring sport 370z. I'm 19 years old with no credit but i'm willing to downpay 15,000 in cash. I've been to a dealer near my neighborhood and they are saying they will sell a Z of my choice in invoice price how much do you think they'll sell me a touring sport if I downpay 15,000?

racerxj17 · 06-07-2009, 09:40 AM

Quote:

Originally Posted by inland2000

Hello i'm new to this site, and I'm trying to buy a touring sport 370z. I'm 19 years old with no credit but i'm willing to downpay 15,000 in cash. I've been to a dealer near my neighborhood and they are saying they will sell a Z of my choice in invoice price how much do you think they'll sell me a touring sport if I downpay 15,000?

um, my first guess is, well, invoice minus your 15k down

inland2000 · 06-07-2009, 10:09 AM

what? I don't get it how does the invoice bring it down?

Attaboy · 06-07-2009, 10:18 AM

inland... i think you misunderstood racerxj17... the "invoice" price is a lower starting point than MSRP. dealers usually start you at some price above the MSRP and start haggling from there.

edit: if you're 19 with no credit and able to put 15k down you should still have a good deal of haggling power. i suggest taking a buddy with you who's bought a new car or two before... and check out the new car buying threads on the forum

Cjanik · 06-07-2009, 11:26 AM

what kind of car with what options? touring sport w/ nav? no nav? no sport? what optional options?

you should not be paying any more than 37500, which is invoice for a fully loaded Z. with 15k down you should not pay more than 22,500. if its more, they are not giving you invoice. (this does not include tax so add that).

inland2000 · 06-07-2009, 11:37 AM

I'm looking for a touring sport, kick plates, carpet floors, carpet trunk, and without a navi 6mt, or a 7at how much would that be in invoice price with my 15,000 downpay? and thanks you guys are really helpful i appreciate it

ChrisSlicks · 06-07-2009, 09:21 PM

The invoice price of the car is listed here.
http://www.the370z.com/nissan-370z-p...ice-price.html

Just subtract your $15K from the price and that is the amount that will need to be financed.

Zvengeance · 06-07-2009, 09:44 PM

i think the issue that you will have is getting the rest of the loan with an acceptable interest rate.

you have 0 credit so will be hard to keep it low.

flash7613 · 06-07-2009, 10:50 PM

Quote:

Originally Posted by Zvengeance

i think the issue that you will have is getting the rest of the loan with an acceptable interest rate.

you have 0 credit so will be hard to keep it low.

agreed...is there any family members or anyone who can co-sign a loan with you....cuz adults with good credit can get you an unbelievable deal that a 19yr old could never otherwise get

06-07-2009, 09:32 AM	#1 (permalink)
inland2000 Base Member Join Date: Jun 2009 Location: va Posts: 5 Drives: . Rep Power: 15	Question Hello i'm new to this site, and I'm trying to buy a touring sport 370z. I'm 19 years old with no credit but i'm willing to downpay 15,000 in cash. I've been to a dealer near my neighborhood and they are saying they will sell a Z of my choice in invoice price how much do you think they'll sell me a touring sport if I downpay 15,000?

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06-07-2009, 10:09 AM	#3 (permalink)
inland2000 Base Member Join Date: Jun 2009 Location: va Posts: 5 Drives: . Rep Power: 15	what? I don't get it how does the invoice bring it down?

06-07-2009, 10:18 AM	#4 (permalink)
Attaboy Base Member Join Date: Apr 2009 Location: Olathe, KS Posts: 130 Drives: '09 370Z 6M Black Rep Power: 16	inland... i think you misunderstood racerxj17... the "invoice" price is a lower starting point than MSRP. dealers usually start you at some price above the MSRP and start haggling from there. edit: if you're 19 with no credit and able to put 15k down you should still have a good deal of haggling power. i suggest taking a buddy with you who's bought a new car or two before... and check out the new car buying threads on the forum

06-07-2009, 11:26 AM	#5 (permalink)
Cjanik Track Member Join Date: May 2009 Location: Las Vegas Posts: 578 Drives: N/A Rep Power: 16	what kind of car with what options? touring sport w/ nav? no nav? no sport? what optional options? you should not be paying any more than 37500, which is invoice for a fully loaded Z. with 15k down you should not pay more than 22,500. if its more, they are not giving you invoice. (this does not include tax so add that).

06-07-2009, 11:37 AM	#6 (permalink)
inland2000 Base Member Join Date: Jun 2009 Location: va Posts: 5 Drives: . Rep Power: 15	I'm looking for a touring sport, kick plates, carpet floors, carpet trunk, and without a navi 6mt, or a 7at how much would that be in invoice price with my 15,000 downpay? and thanks you guys are really helpful i appreciate it

06-07-2009, 09:21 PM	#7 (permalink)
ChrisSlicks A True Z Fanatic Join Date: Mar 2009 Location: North East Posts: 6,203 Drives: 09 370Z Sport M6 Rep Power: 653	The invoice price of the car is listed here. http://www.the370z.com/nissan-370z-p...ice-price.html Just subtract your $15K from the price and that is the amount that will need to be financed.

06-07-2009, 09:44 PM	#8 (permalink)
Zvengeance Base Member Join Date: Mar 2009 Location: FL Posts: 31 Drives: 370z Nismo Rep Power: 16	i think the issue that you will have is getting the rest of the loan with an acceptable interest rate. you have 0 credit so will be hard to keep it low.