How'd I do? 2017 Infiniti Q50 3.0T AWD Premium Plus 39/10k for $350 nothing down except first payment

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2017 Infiniti Q50 3.0T Premium Plus

MSRP: [$46,315]
Selling Price: [$35,693]
Rebates: None via VPP, but because they were hitting month end quotas, there was a “$1k rebate” listed.
Trade-in: [$2000] (which brought down the actual monthly payment to $303.17, but my title was to help people compare and title only indicating $350/mo was assuming no trade-in)

Months: [39]
Annual Mileage: [10,000]

MF: Not on any paperwork, but was verbally told to me to be the stand .00003 i think it is?
Residual: $23,620.65 (51%)

Security Deposit: [$0]
Total Due At Signing: They took first month out of my $2k trade-in and put the rest towards capitalized cost reduction along with the $1k rebate they were putting in

Monthly Payment (incl. tax):$350 w/o Trade in. $303.17 with my trade in factored in ($2k)

Zip Code: [07746]
Sales Tax Rate: [6.875%]

I was really hoping to get $2500 for my trade in (2005 Infiniti G35X AWD w/ 130k miles on it) and I know I could probably have sold private party for $3500-$4k, but i didnt want to deal with craigslist people. They were really sticklers on not giving me more than $2k. I tried to even get them to throw in some extra oil changes (before I realized the car goes 10k miles before oil change anyway), but they wouldnt even do that. Wouldn’t give me anything more, no service credits or anything.

So considering the $350 was all in out the door,first payment only, how do you think I did?

I know some people were getting low $300s in december, but those seemed to be usually with some fees due, VPPs, etc. In NJ I was getting quotes of $393-$409. I could have waited until July to see what it brought, but frankly I didn’t want to deal with my older car anymore.

1 Like
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Funny, I have the exact same car on Craigslist now for $4k. 138k miles.

The lease numbers are decent but where they screwed you was trade in. That’s where they will make money.

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Great job! Nice to have a dealer work with you like that.

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how much do you think you will actually get for the car on CL? My time is money, so if i have to spend a month of dealing with diff people who will backout and stuff, that’s -$500 for me. Do you think you’ll get $4k? I assumed I would get around $3500. However, I figured a private buyer is going to want some inspection and then they will come up with a million other things. I maintained my car well, but I know it was likely due for some big ticket items based on pure mileage soon enough. I figured I might get $3-$3200 on the market - $500 in my time, so that’s why $2500 is what i wanted, but they wouldn’t budge, so I took the $2k just to not deal with it later on.

Outside of the trade-in, the deal itself you think is ok?

5

I’ve had good luck selling cars on Craigslist and usually people who want to be a hard-ass about price start with it up front. I offered to let them bring a mobile mechanic to check the car and that usually works fine because it doesn’t take up any of my time. I’m confident I’ll get $4,000 for the car but I’m not really seeing people until after the 4th of July holiday. I was in the same boat as far as condition so I replace the wheel bearings rotors and did some other stuff on my own. It would have been about $1,400 worth of repairs at a shop.

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Do you mind asking me which dealer in NJ did you get the q50 from? or was it a broker? thank you :slight_smile:

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ray catena in edison

pretty sure it was them hedging bets to meet month end quotas with the holiday weekend that was coming up.