da mayor

iTrader: (2)

Infiniti G37 Coupe 2009 2dr Journey RWD - New Car Cost of Ownership - NADAguides.com Official Site

look at the NADA guides for vehicles....

the first year the cars take a hit

Year 1 Year 2 Year 3 Year 4 Year 5 Total
Depreciation
$12,068 $2,208 $2,118 $2,028 $1,987 $20,409
Fees & Taxes
$1,474 $0 $59 $0 $59 $1,592
Financing
$2,329 $1,889 $1,410 $890 $324 $6,843
Insurance
$2,095 $2,069 $2,042 $2,016 $1,993 $10,216
Fuel
$2,252 $2,332 $2,415 $2,501 $2,590 $12,090
Maintenance
$153 $453 $1,589 $544 $229 $2,968
Opportunity Cost
$341 $448 $593 $653 $651 $2,685
Repairs
$0 $0 $0 $0 $1,336 $1,336

Yearly Total
$20,712 $9,399 $10,226 $8,632 $9,170 $58,138


data provided by:



Click the pie chart to update the charts shown below



it's a useful information site that can help show why some cars work out better than others to own and why lease rates are typically at that lease term

joey_v

Are you kidding me??

Your MSRP on the ISF was 61K and it is now $41K at trade in? You just lost 20K had you not had a good deal on it.

My G37 was $41K MSRP and I just had it appraised at $30K. I bought it at $36K at the time. Based on msrp alone, my G is worth 73% while your F is worth 67% (trade in value).

So don't give us the notion that the G depreciates any faster than your F.

motocopter

Ditto here. We bought in August 2008 for virtually the same numbers. Wanted to trade on an '09 G37 and trade in was crap. Couldn't justify it. I felt like I stole the car when we purchased and now the dealer is trying to recoup. They certainly depreciate hard the first year but, maybe not as hard as a Cadillac or Lincoln.

Reiki_Rocket

I always try to buy a 1 to 2 year old car to avoid the huge 1st year depreciation, but I was really surprised how far off from the books the actual numbers are on the G37 and how bad the two year depreciation is. It seems like all used sport coupes are taking a really big hit right now though

I bought my '08 G37S 6mt with 19k miles a month and a half ago for $26k (every option except AWS but including the spoiler, lighted sills, trunk mat & net, mud guards.) KBB, NADA, and Emunds all put the car around $32k for a trade in value, and around $36k for retail when I looked it up; but it seems like they're realistically selling for high 20's (even local dealers are listing these for low $30's).

delion21

This is why leasing is soo attractive to buyers. No worries about trade in value and your money going down the tubes. You pay for what you use and get rid of it. Purchasing a brand new car is a complete waste of money. Always better to purchase a used vehicle with low miles.

Also regarding mechanical issues with Infiniti....Mercedes, BMW and Audi all have electrical issues. So far the best manufacuter with the least issues is Lexus and Acura.

goarmyg37

I would agree if it weren't for the discounts some dealers are offering. I never even considered an Infinity until a friend of mine told me what thealer was offering (I am old Detroit muscle car guy - just what I grew up with). After the dealer quoted me figured it couldn't hurt to look and I ended up liking it. No way I could pass on that deal. I still see used ones all the time for more than I paid brand new and getting the G37 for less than a V6 honda (or any of the 3 Detroit retro cars) was a no brainer.

bunluvsvw

iTrader: (1)

You telling me a 08 G37 is worth $30k trade in?? Im calling you bluff,,, my $41k figure is actual trade in value, not suggested value like kbb recommends...

Danny Boy

One can expect to take a bigger hit selling the car during the first year - easily 20%+.

Like all luxurious items, high end cars are harder to sell during bad economic times. That is why the manufacturers give deep discounts like Infiniti to boost sales. When that happens, the resale values tumble. While Infiniti maybe hit hard, the dive in the used car value is across the board among all high end cars.

When the economy fully recovers the resale value will improve.

For those of you who keep the car for a short period and want to avoid the uncertainty, you can lease the vehicle or buy a used one.

bunluvsvw

iTrader: (1)

Bro,, go to a dealer and see what they will actually give you for your G37,,, My G was worth $35,000 at Kbb for trade-in value at the time I called all 5 dealers that offered me $30,000!!!

da mayor

iTrader: (2)

remember it varies with market conditions.... if a dealership can buy your same exact car at a closed Infiniti auction right from Infiniti corporate for a lower price, then why would we pay more for your car.

No one ever will pay KBB value for a vehicle, even for a private sale.

g37rider

iTrader: (4)

+1 on that ^

bunluvsvw

iTrader: (1)

I know exactly what you are saying,, Im in the business myself, its just looks bad when the Infiniti dealer is trying to sell you an Infiniti but the less than 1 year old Infiniti that you have already lost $14k.... Plus, dealers around the tri-state area uses Manheim as a guide but then the guides are very inaccurate,, it only tells you the car and miles doesnt tell you what options are in the car.... Unlike galves back then,, add $250 for leather, add $200 for roof, etc.....

da mayor

iTrader: (2)

We all use Galves as a trade in estimator and obviously see what market conditions are at the time. We actually go all across the country and purchase cars because we need to sell 200+ a month.

The G35 coupes are still holding great value as well but with corporate giving out huge incentives on a new one, it will drive the price down on the year old ones significantly.

PeTeToTe

iTrader: (1)

I just got me my G37s 6MT yesterday for high 20's and its fully loaded

bunluvsvw

iTrader: (1)

Exactly like I said,,, You paid high 20s,, imagine what the owner traded it in for!!! probably low to mid 20s.... Its weird how ppl wont buy a car from a private seller for lets just say $25-26k but they are ok to buy the same exact car from the dealer for $28-29k or even $27-28k to make it sound more fair... oh wells...