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Originally Posted by b15 x1000. Do you know how the free market works? Do you ever invest in the stock market? (I sure hope not) I don't understand why you

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Old 07-26-2013, 12:13 PM   #1 (permalink)
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x1000.

Do you know how the free market works? Do you ever invest in the stock market? (I sure hope not) I don't understand why you are so worried about resale value. Do you plan on selling your car tomorrow? That's the risk you take buying new and something you have to learn to stomach.

While I commend you for trying (never hurts right?), I don't think you'll get very far. They don't NEED to do anything. YOU agreed to buy the car for that price. When you buy a TV and a few months later it goes on sale, do you call up the manufacturer and store and demand some compensation because you paid a higher price? A bit ridiculous don't you think? As far as the Mfg to dealer incentives- the dealer doesn't have to pass this along to the customer. It's a business after all and if they can sell for a higher price and profit, why not?
It's not ridiculous, as for the tv comment. That's why most stores have price match. If it goes on sale or a competitor sells it for less they reimburse you the difference. As for do I plan to sell the car. Yes I never keep cars long. I'm always buying and selling them. So resale value is important. I planned on keeping this z till the next version came out then buy that. By them dropping the price the way they did it puts anyone who bought their car this year in a huge hole. A hole that was not there when they made the purchase. If u ask most people would you buy this car at that same price knowing that its gonna loose that much value most people would not buy. I understand depreciation and how it works this z is my 36th car. Basicly they changed all the factors of the cars pricing and what it's worth and for those of us who have done a recent purchase took the loss. Which I'm not ok with. So I will do what I can to recoupe what I have lost. As I said before it was a cooperate decision to change the price. Would you go buy a z for $37000 right now? Of course not nobody would. If u had my car for a year or more then I prob wouldn't be as mad. But it's been a few months and I'm not ok with it. U dont have to agree with me on it. But it's how I feel and I will do my best to get what I think is right. I would o into more detail but I'm doing this from my phone at work and its a pain to try n type long responses
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Old 07-26-2013, 12:16 PM   #2 (permalink)
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That's why most stores have price match. If it goes on sale or a competitor sells it for less they reimburse you the difference.
Oh, for ***** sake. Price matching? On a car?

And if you're concerned about losing money while trading cars every two years, you should lease.
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Old 07-26-2013, 12:21 PM   #3 (permalink)
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It's not ridiculous, as for the tv comment. That's why most stores have price match. If it goes on sale or a competitor sells it for less they reimburse you the difference. As for do I plan to sell the car. Yes I never keep cars long. I'm always buying and selling them. So resale value is important. I planned on keeping this z till the next version came out then buy that. By them dropping the price the way they did it puts anyone who bought their car this year in a huge hole. A hole that was not there when they made the purchase. If u ask most people would you buy this car at that same price knowing that its gonna loose that much value most people would not buy. I understand depreciation and how it works this z is my 36th car. Basicly they changed all the factors of the cars pricing and what it's worth and for those of us who have done a recent purchase took the loss. Which I'm not ok with. So I will do what I can to recoupe what I have lost. As I said before it was a cooperate decision to change the price. Would you go buy a z for $37000 right now? Of course not nobody would. If u had my car for a year or more then I prob wouldn't be as mad. But it's been a few months and I'm not ok with it. U dont have to agree with me on it. But it's how I feel and I will do my best to get what I think is right. I would o into more detail but I'm doing this from my phone at work and its a pain to try n type long responses
Here's my take on this and I'm done after this:

If you buy and resell, why are you buying new and taking the depreciation hit? 36 cars or not, that's not a very good business model. Secondly, yesterday, $37,000 for a Z may have been a good deal. Obviously it isn't today. That's the risk you take. I would be upset too, but you take things to a ridiculous level. Do you sit and second guess every dollar you spend like this?

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I didn't say price match on a car. He brought up the tv thing so I brought up price match on a tv. Don't twist my words.
I don't think you understand this concept either. Price matching is at the time of purchase or very shortly thereafter. Are you telling me you call up a store months later, after the TV has been in use, and demand price matching if it goes on sale?

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Old 07-26-2013, 11:29 AM   #4 (permalink)
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I wonder if contacting a local news channel would help or if they would even care about doing a spot on it.
It wouldn't help at all. Nissan is under no obligation to do anything for you. You bought the car at a lower than msrp price that you felt good about at the time, and they sold you the car. That's the end of the transaction. It really sucks that the price changed, but things change between model years. That's life.
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Old 07-26-2013, 11:31 AM   #5 (permalink)
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It wouldn't help at all. Nissan is under no obligation to do anything for you. You bought the car at a lower than msrp price that you felt good about at the time, and they sold you the car. That's the end of the transaction. It really sucks that the price changed, but things change between model years. That's life.
Trust me I get what u are saying. But it's easy for u to say it when it's not ur money. If they have the dealers the difference in msrp then y not give to the customers? I mean dealers get enough of our money y do they get reimbursed and not us?
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Old 07-26-2013, 11:22 AM   #6 (permalink)
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That's what I do.
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Old 07-26-2013, 11:27 AM   #7 (permalink)
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That's what I do.
Lol, I feel for you, really but a car is an investment.

Think if you paid $500 for Google stock and then the next day, it crashes down to $50, will people go crazy asking for a refund?




Sadly, yes they probably will. American mindset these days. It's always someone else's fault but their own.
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Old 07-26-2013, 11:28 AM   #8 (permalink)
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Not really the same thing. This was a decision made by cooperate people. Not a chance of the stock market.
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Old 07-26-2013, 11:35 AM   #9 (permalink)
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THe only thing you're affected by is potentially the resale value. You bought your car below the new MSRP. There's no guarantee that you would have been able to get the same deal on a 2014, so you can't really say I would have only paid X for a new one. Nissan refunded the dealers because the dealers pay Nissan. You pay the dealer. They have to buy the car in order to sell it to you.
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Old 07-26-2013, 11:37 AM   #10 (permalink)
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The dealer still got their money back on cars that they had pre purchased from Nissan. So what they got is no different than what I'm asking for. Same principal. It doesn't have to be the full amount but they need to do something. A voucher towards my next purchase money off what I owe on mine anything.
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Old 07-26-2013, 11:58 AM   #11 (permalink)
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italy you have to look at your car purchase as a sunk cost. choosing to sell it now because the price of 2014s is lower than when you purchased your 2013 is not rational. other factors such as depreciation hit when selling, potential to be upside-down on your current loan, cost of purchasing a different car, etc. are far more important.

Sunk costs - Wikipedia, the free encyclopedia

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In traditional microeconomic theory, only prospective (future) costs are relevant to an investment decision. Traditional economics proposes that economic actors should not let sunk costs influence their decisions. Doing so would not be rationally assessing a decision exclusively on its own merits. Alternatively, a decision-maker might make rational decisions according to their own incentives, outside of efficiency or profitability. This is considered to be an incentive problem and is distinct from a sunk cost problem.

Evidence from behavioral economics suggests this theory fails to predict real-world behavior. Sunk costs do, in fact, influence actors' decisions because humans are prone to loss aversion and framing effects. In light of such cognitive quirks, it is unsurprising that people frequently fail to behave in ways that economists deem "rational."

Sunk costs should not affect the rational decision-maker's best choice.
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Old 07-26-2013, 12:03 PM   #12 (permalink)
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Frankly I find people complaining about the price drop pathetic. You all obviously saw the value in it in the price you paid for. I doubt most even looked at the resale value before the purchased. Not only that, but trying to get money back is even more ridiculous. So example, Italy, since he's so vocal about it; He bought his base sport Z for $32k. The retail listing is about $37k and change. If he got all the mats, mud spats, glowey Z door thing, w/e, the true market price is the average selling price of each new vehicle with those particular options. Frankly, I bought my car for $32k and change, it's a base/sport in 2011. Logic tells me, the new selling price is in line with what we both thought it should be. I don't see how anyone's argument about devaluation is going to stick. For anyone to bjtch and moan about it because they thought they got a screaming deal and loved it, to turn around and say they wanna get rid of it after it took this claimed depreciation hit, is an idiot. People doing this will only lose more money and it will not matter how "pretty" you sit, if there wasn't a hefty deposit dropped, chances you are upside down are high. Not only that, factor in the miles put on, it's pretty much guaranteed you will still be paying out of pocket. It's short sightedness of the whole picture. The way I see it, you did not buy this car "Because Race Car", because if you did, you wouldn't be complaining about the money you really didn't lose.
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Old 07-26-2013, 12:49 PM   #13 (permalink)
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Frankly I find people complaining about the price drop pathetic.


especially when you've done retail like i have as a teen, some of these dumbarse customers come back to the store with their 2 month old used electronics DEMANDING to credit the difference between wat they paid vs the latest sale price the store was offering.

store declines, then the dumbarse calls the cops telling them the store stole money from them. the cop was like why the f- was i called here again?
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Old 07-26-2013, 12:53 PM   #14 (permalink)
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So example, Italy, since he's so vocal about it; He bought his base sport Z for $32k. The retail listing is about $37k and change. If he got all the mats, mud spats, glowey Z door thing, w/e, the true market price is the average selling price of each new vehicle with those particular options. Frankly, I bought my car for $32k and change, it's a base/sport in 2011. Logic tells me, the new selling price is in line with what we both thought it should be. I don't see how anyone's argument about devaluation is going to stick.


Also, you can't convince me that you could talk down a base sport $5K now. You would probably be lucky to get a couple of thousand off, which is approx what I paid for my 2011 base sport. While some people are smart enough to negotiate significantly down from MSRP, I'm sure the dealers have plenty of customers that aren't so smart. I don't think Italy has enough of an argument to get $$$ back from Nissan. Those customers that paid near MSRP have a better argument, but the only complaint they can make is that dealer's are guilty of acting like dealers by trying to rip customers off
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Old 07-26-2013, 12:12 PM   #15 (permalink)
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I leased my 13 and got a great price on it. I am in love with the car, no mater the price since I am the one who chose to buy it, and sign the contract. I could have waited, but it was my choice not too (although I got it Oct of last year). Just like buying a plane ticket to Hawaii. In the winter, the prices go up, in the summer the prices go down. I buy a plane ticket knowing the price might go down, but I still enjoy the trip anyways!
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