Not too far from it:
“ Speaking of money, the price increase is not insignificant: $5890 more from the base 2011 to the base 2012 model, which is dubbed Premium and starts at $90,950. There’s also a new Black Edition that runs $96,100 and features a red and black interior, leather Recaro seats, and lighter six-spoke wheels with, of course, a black finish. For the body color, buyers of the Black Edition can choose any GT-R hue.”
Personally, this is not a car I’d want to own outside of factory warranty. I recall rumors back in the day, the transmission grenading is a $25k job.
Furthermore, not a car that was known to be babied by its owners either. Maybe you’ll get lucky and the first owner who bought it for 90k+ took great care of it, but the 2nd owner? The 3rd?
Knowing now that you can score a Supra for $2k off MSRP, even money would get you a 2020 Supra for the same price as this 8-year old 3-owner hoon-mobile. Corvette C8 also a natural option, but it’d be the better part of a year to get your hands on one.
For price, the only way you can get much off a used car is if it’s been sitting for a few months. I’m sure you checked KBB and NADA. But these cars are tough.
Also, I second a proper PPI. I’m sure the buddy knows what he’s looking at, but speaking from experience I had a buddy have his buddy look over his Supra before he bought it. He missed a ton of stuff. Have both your buddy and an independent shop that specializes in high performance enthusiast owned vehicles review the car. The GTR will likely of had a ton of mods on it over its life. I’m assuming they’ve been removed, but only an independent shop that knows what they’re doing can validate the car is sound. It’s a lot to drop on an 8 year old car, but a dream car is a dream car. Good luck!
I was probably thinking of the very first year the GTR was released. I believe the base price was a shade under 70k. Was a bargain then, not so much anymore. With what a new GTR goes for, I’m not sure why I wouldn’t get a 911.
Yea, absolutely. I believe the 2009 first year GTR was $69,995 or thereabouts. A 2020 now starts over $115k and has a Nismo version that starts over $212k. For a car that fundamentally isn’t really all that different than the car that debuted close to a dozen years ago.
Used cars are a different animal but you can usually tell how much room is in a car using a few key metrics.
Age. This is the biggest factor. If it is over 60 days old I can almost guarantee there is no gross left in the car (unless they have a lazy / careless used car manager but that’s rare). Check deal rating on Cargurus. Generally you want to sign somewhere in the “good deal” or “great deal” categories. I use cargurus religiously when pricing my own cars as it leads to faster inventory turn. Lower price = front page, front page = huge increase in srp and vdp, huge increase in srp / vdp = lightning fast inventory turn.
Check price drops in Cargurus. If they have dropped the car more than 2/3k they are likely at cost. They will drop their pants fast on a used car if they have room because it’s all about inventory turn. Nothing else matters. I average about $1,500 front end gross per car. Not much, but I usually do about 80 cars a month and F&I brings total PVR (profit per vehicle retailed) to $3,100 on average. So I bring in 3,100 x 80 = $250,000-ish / month in gross profit to the store from used cars alone. Not to mention I pay full retail on recon (which isn’t cheap) so the store profits a large amount there as well. Obviously it fluctuates but most people tend to have delusional expectations when it comes to discount on used cars. Occasionally we have 1 or 2 $10,000 profit deals but those are unicorns that usually come off trade under allowance.
Tl;dr - Look at age / price drops / Cargurus deal rating and comps within 200 miles. Avoid anything with accidents or damage on a CarFax at all costs. Get a PPI done by a 3rd party, people beat the shit out of GTRs in my experience.
Edit: Also try and finance through a credit union, a large chunk of that $3,100 average that finance gets me is marked up interest
As other have stated these vehicles will require a mandatory PPI from an Indy shop. First item is transmission this is easily 25k for replacement and three owners means it’s due. They are notorious for having tranny problems and getting on a GTR forum and researching is key. Next is the front end, many complaints of issues with it not being able to handle the power being AWD. A good inspection could run 500 - 1500 the $100 - 200 range PPI is for consumer based vehicles.
I have hunted one of these cars as well as helped a friend find one. We both came to the conclusion after starting exactly where you spending a lot of time researching and on forums, as well as speaking to exotic Indy shops…that brand new or under warranty is the only way to go. I personally have never bought a 3rd party warranty have heard good and bad. I can guarantee this car needs some work done and very close to needing tranny service. If that has been replaced already and everything checks out…decision is yours.
That’s mainly the early models that had transmission issues due to many launches in “R” mode. I do believe a report can be pulled to show many launches were done.
You don’t say… you mean successively beating on a car and extending its capabilities beyond design limitations would cause issues down the road on mechanical items?
Why give him kudos…@ethanrs is a lowly sales manager that knows nothing, right? Or at least according to the guy that was on here for 11 minutes before being banned and who personally validated the 1% rule as being a great deal says.
