VPP Buying Experience (Austin Infiniti) - Price Breakdown, Warranty Worries
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Join Date: Feb 2005
Location: Austin, TX
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VPP Buying Experience (Austin Infiniti) - Price Breakdown, Warranty Worries
After a few months of test driving cars, I ended up getting a 2011 G37 Journey (Auto) with Sport, Nav, and Premium packages for a total of:
$35977 (final VPP price, incl. $2,750 in cash incentives)
+ $2248 Texas Sales Tax
+ $66.16 Inventory tax
+ $100 Doc fee
+ $33 title fee
+ 77.30 license
+ 23.75 state inspection
=
38,525.77 subtotal
+ 1547 extended warranty ($0 deductible, 6 yrs, 84k miles)
=
40,0072.77 OTD @ a 2.44% rate, with $15,000 down.
Overall the buying experience was a pleasant one -- my sales associate (Troy) worked with me to find the exact car / model / color I wanted. The sales manager I worked with played games with numbers (as expected).
My one mistake: I didn't do my homework on the extended warranty.
When I bought my first G35 in 2005, I managed to get a 6 yr, 84k, $0 deductible warranty for $920 (or so) by dealing directly with NMAC. This time around, I couldn't contact the VPP assistance line since they're "out of the office until 1/3/11," so I went ahead and bought the warranty with the dealer.
I eventually agreed to the warranty at a cost of $1,547, but only when the sales mgr lowered the rate on the note to 2.44% @ 60 months (from 2.9% @ 60 months). By my math, this saved about $190 in interest (compared to not buying a warranty at all), so he effectively gave me a $190 discount on the warranty.
Should I invest time or energy into getting a similar $900-ish deal on this warranty, or is the price I paid "set in stone" now that I've taken delivery?
On a sidenote: the sales manager really pushed pre-paid maintenance. The price for the maintenance plan dropped $1,000 during our discussions. This is only the "schedule 1" maintenance, and does NOT include any premium or optional maintenance (like transmission flushes). I declined it because of that. A different dealer (200 miles away) offered to include maintenance for 2 years, by the way.
$35977 (final VPP price, incl. $2,750 in cash incentives)
+ $2248 Texas Sales Tax
+ $66.16 Inventory tax
+ $100 Doc fee
+ $33 title fee
+ 77.30 license
+ 23.75 state inspection
=
38,525.77 subtotal
+ 1547 extended warranty ($0 deductible, 6 yrs, 84k miles)
=
40,0072.77 OTD @ a 2.44% rate, with $15,000 down.
Overall the buying experience was a pleasant one -- my sales associate (Troy) worked with me to find the exact car / model / color I wanted. The sales manager I worked with played games with numbers (as expected).
My one mistake: I didn't do my homework on the extended warranty.
When I bought my first G35 in 2005, I managed to get a 6 yr, 84k, $0 deductible warranty for $920 (or so) by dealing directly with NMAC. This time around, I couldn't contact the VPP assistance line since they're "out of the office until 1/3/11," so I went ahead and bought the warranty with the dealer.
I eventually agreed to the warranty at a cost of $1,547, but only when the sales mgr lowered the rate on the note to 2.44% @ 60 months (from 2.9% @ 60 months). By my math, this saved about $190 in interest (compared to not buying a warranty at all), so he effectively gave me a $190 discount on the warranty.
Should I invest time or energy into getting a similar $900-ish deal on this warranty, or is the price I paid "set in stone" now that I've taken delivery?
On a sidenote: the sales manager really pushed pre-paid maintenance. The price for the maintenance plan dropped $1,000 during our discussions. This is only the "schedule 1" maintenance, and does NOT include any premium or optional maintenance (like transmission flushes). I declined it because of that. A different dealer (200 miles away) offered to include maintenance for 2 years, by the way.
#2
Sounds like a nice deal you worked out. Don't know on the warranty, but what the heck is this maintenance plan that DROPPED $1000?
Is there something more than oil and filter changes in the first 24000 miles? I thought I looked that up at one time and there wasn't much more than that (and there shouldn't be!)
Is there something more than oil and filter changes in the first 24000 miles? I thought I looked that up at one time and there wasn't much more than that (and there shouldn't be!)
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