Ok, that's fair enough I guess. But when I mentioned $3-$4k...I was referring to the used car prices I had seen, not the new price. So you are actually confirming my point more than anything. All that aside, find me one equivalently equipped sedan for anywhere near the price you mentioned in the US and I will be surprised. I've been looking for over 4 months, and even now with the holidays and end of year and dealerships trying to move these older cars off their lots, the sedans that are equipped with the packages this one has are at least $28-$29k.

So I guess at the end of the day, all I was really trying to say was...coupes tend to be more than sedans used, true. However, this particular sedan seems to be a really good find for the price since there hasn't been another car like it priced like that in the few months I've been looking. That being said, I still wanted to get some expert opinions from people who have been dealing with these cars for years, or who perhaps work in the industry and know what these cars should be going for. It felt like a good price, but I just don't know enough to be 100% sure. Of course, all of that is a moot point now since I already purchased the vehicle.

 

Congrats on the purchase. Used prices fluctuate dramatically depending on the market and the options desired. Since you were firm on wanting some of the more uncommon options such as the technology package and the factory installed spoiler, it limits how many cars there are in the market to allow the supply to affect the price. A used car is really worth what you're willing to pay. There's a wide range of prices that are fair for that car, i'd say $24-$30k is the fair range for that car pending specific details on service/maintenance history, remaining tire life, remaining brake life, etc. The goal is obviously to stay away from the high end of that range and realize that the dealer has between $20-$24k in the car. My top dollar would be $26,850 for an above average example.

 

2012 G37xS CPO car from dealer with every option should be around 28k. Same car from private party: 24k. In fact you could get it for 23-22k if you wait one month till it's 2015 and use that to negotiate the price. Got the numbers from KBB if you want to double check. That's why I said dealer overcharges you by 4k MINIMUM. If you strike them as a sucker they might overcharge you by 6k so they might make about 8k total off of you plus all of the labor when you bring car in for service. That's why I personally stay away from stealerships, not only are they crooks, they don't know how to take care of the car properly either and their hourly rates are insane.

 

Wait, the $130/hr my local dealership charges isn't reasonable?!?!?

 

Hey Ryne, thanks for the further information. I felt like this was a good deal since the car is CPO and as part of the CPO checklist, they did put a new original set of Dunlops on the car, and they put new brake pads/shoes on it. They of course also did tire alignment, and some other things that should be expected. The car has had all scheduled maintenance performed and from the history and records appears to be meticulously taken care of. We won't really know until I put some miles on it, but I think I got a good ride. Of course, I'd be dumb to think the dealership didn't make some money off of me...but the only way I can buy used with peace of mind, is to buy manufacturer CPO from a dealership that sells that particular make. No used, non-CPO Infiniti from a Honda dealership for me.

I totally agree with you that private party sales price is way lower than dealership, just like both dealership and private party sales are higher than trade-in value. Everyone has a "price" to pay so to speak to get what they want. I wonder though if now is the best time to get discounts on previous model years because of the holiday markdowns, and the fact that all 2015 models are already on the dealership floors. Yes, there will be good deals going into the new year, but I was "advised" (and not by the dealer) to start looking in October and keep looking up through the Christmas season. But they could have been full of it haha. It could very well be that the "deals" we see now will just be the norm come April of next year. But like anything, you have to just jump in at some point. If you keep waiting for that next deal, or that next quarter to come around so prices go down more, you will never get what you want. But ultimately, that's why I posted here. To get good info and hear (read) people's thoughts. I will of course watch the prices through spring and see if there are significant changes in price for similarly equipped vehicles. More for my own knowledge and education than anything.

Saying that $27.5k is $4k too steep for this car with all options and manufacturer CPO...just based on what private party sales are, I guess I can go with that. But I think it involves more than that. The car is worth more than say $23k but people aren't going to be willing to pay more than that since it comes "as is" so to speak from someone who most of the time, doesn't know anything about cars. Let's be honest, the typical person driving a car doesn't work on cars for a living. Enthusiasts and such are a very small percentage of our population. Most people drive the car hard when and why they want, fill it up with whatever gas and oil is cheapest, and get mad when it breaks down because they didn't check fluid levels.

I think one of the issues with KBB is that it doesn't give you the option to add all the options. For me, it only allows me to add the "Premium Package". That's a horrible depiction of this car, since the other packages add approximately $4,700 to that price (exclusive of the $2,250 sport package, since I presume they calculate that in the G37xS selection). So yea, KBB might see this car with some options, but only the dealership and other people selling the same optioned cars can really tell you how much that car goes for.

That's why I was using other dealerships and other cars in the US to try to gauge what it should be priced at. Problem with that is location. Heck, a 2012 G37xS sedan with just Nav in my area is $31k which is why I chose to buy out of state. We have 1 Infiniti dealership and they are way overpriced. I called them back after getting the "final" price on the out of state one, and they told me point blank on the phone that if I found a car with all those options for that price, then I hit gold. They said they would never be able to offer a car like that for that price. I found that weird since they aren't sister dealerships or part of the same group, but who knows? I would have expected them to fight for my business more.

In my mind, even though the dealership marks things up beyond what is "fair"...you get more with that as well if you're getting manufacturer CPO. It might not be like new, and you might even run into issues before a non-CPO vehicle, but you get some peace of mind from the warranty and manufacturer perks. That's what I'm paying for, and I don't think I could ever buy a car used without being CPO unless it had less than 10k miles on it.

Lol I know nothing about how much dealerships charge etc. My first car never went to the shop in the few years I owned it, and my last car was only in the shop due to being rear ended, which was covered by the responsible party's insurance. I've had a pretty good ride thus far with my cars, but those were both Mazda's. I was actually looking at the new Mazda6, but thought I should get something that can "grow" with my career. As long as the dealerships don't blatantly lie to my face about the current condition of the car, I'm fine. If they do, well then they are actual crooks, and that is a no-go. I know some of them are, but I don't think they all are. Not telling EVERYTHING about the car is one thing, but lying deliberately about something the prospective buyer specifically asks, is something else entirely.

That being said...I wish I made $130/hr. :P

 

I think you must be using a different KBB, I've added every single package and then added every single option on top of that. Then I took good condition of the car and thats how I got to 28k. The only thing is, dealers almost never have fully loaded cars, they are rear. Also I do my own maintenance on my 3rd Infiniti which I know very well so I don't need some idiot at the dealer to check "fluid levels" on my car so I might be different from most other buyers in that respect.

 

Well I definitely wasn't calling you one of the people that need a dealership to check their fluid levels for them. But yea, my KBB doesn't give me all those options. I mean, there are a lot of options, but not the actual packages. I have selected all of the options as well, but there is nothing like illuminated kick plates, rear spoiler package, interior accent package, etc. Those are the items I was referring to.

Yes, I would agree these fully loaded cars are rare, and as it was stated earlier, this is probably why they are able in some sense to "name" their price and see what happens. Supply and demand. I just happen to be that sucker that wanted all the options haha. But I also do most of my own "basic" maintenance, even though I'm not a diehard "car" guy per se...so we will see how it goes with this one.