Good deal on an M45 if anyone is in the market

Forum for Infiniti M35 and M45, and Nissan Fuga owners.
Bob24
Posts: 171
Joined: Fri Dec 12, 2008 9:12 pm
Car: 2007 M45 Sport

Post

I still look through the listings for M45's to see what kind of deals are out there. This one struck me as being pretty darn good for the miles and equipment. This would be an especially good deal if they were willing to deal a little from their advertised price.

http://www.autotrader.com/deal...34478


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M4T5
Posts: 1219
Joined: Tue Dec 30, 2008 4:42 am
Car: 2007 Infiniti M45

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Seems like a good deal but no tellin what the cars paint condition is in, or if it has been in a mild to bad accident. I have found that the really good deals ARE too good to be true. That was my experience when I was hunting mine down.

J

Bob24
Posts: 171
Joined: Fri Dec 12, 2008 9:12 pm
Car: 2007 M45 Sport

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Well, the ad says no issues or accidents. I think that I got a steal on mine and I think that if a person hunts long enough or deals hard enough they will eventually come out with something nice.

jeostang
Posts: 68
Joined: Mon Jan 26, 2004 3:07 pm

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Here is the carfax info on it.

Tab Vehicle Ownership History Vehicle Ownership HistoryThe number of owners is estimated by CARFAX Owner One Vehicle HistoryYear purchased 2005 Type of owner PersonalEstimated length of ownershipCARFAX One Owner Vehicle History 3 yrs. 4 mo. Owned in the following states/provinces Illinois Estimated miles driven per year 5,840/yrLast reported odometer reading 21,200 Vehicle Title History Vehicle Title HistoryCARFAX guarantees the information in this section Owner One Vehicle HistorySalvage | Junk | Rebuilt GuaranteedNo ProblemFire/Flood | Hail Damage | Buyback/LemonThis vehicle qualifies for the CARFAX Buyback Guarantee GuaranteedNo ProblemNot Actual Mileage | Exceeds Mechanical Limits GuaranteedNo ProblemGUARANTEED - None of these major title problems were reported by a state Department of Motor Vehicles (DMV). If you find that any of these title problems were reported by a DMV and not included in this report, CARFAX will buy this vehicle back. Register | View Terms Other Vehicle History Information Other Vehicle History InformationNot all accidents or other issues are reported to CARFAX Owner One Vehicle HistoryTotal Loss CheckNo total loss reported to CARFAX. No Issues ReportedStructural / Frame Damage CheckNo structural / frame damage reported to CARFAX. No Issues ReportedAirbag Deployment CheckNo airbag deployment reported to CARFAX. No Issues ReportedOdometer Rollback CheckNo indication of an odometer rollback. No Issues IndicatedAccident / Damage CheckNo accidents or damage reported to CARFAX. No Issues ReportedManufacturer Recall CheckCheck with an authorized Infiniti dealer for any open recalls. No Recalls ReportedBasic Warranty CheckEstimated to have 6 months or 38,800 miles remaining. Recalculate warrantyInterested in an extended warranty? Warranty Active Tell us what you know about this vehicleCARFAX Vehicle History Report

CARFAX Hot Listings - Used cars for saleStill looking? Find similar cars just listed for sale in your area. Let us do the work! Get daily updates of INFINITI M45 vehicles for sale in your area.

Email:

Zip: 2007 INFINITI M45 SEDAN/SPORT Listed 1 day agoBody Style: Sedan 4 DREngine Type: 4.5L V8 PFI DOHC 32VFree CARFAX Report CARFAX has determined that this vehicle has had one previous owner Jaguar/Land Rover Of Chantilly, LLCDistance: 35.09 miContact Dealer2006 INFINITI M45 SEDAN/SPORT Listed 1 day agoBody Style: Sedan 4 DREngine Type: 4.5L V8 PFI DOHC 32VFree CARFAX Report CARFAX has determined that this vehicle has had one previous owner Infiniti Of ChantillyDistance: 35.09 miContact Dealer2006 INFINITI M45 SEDAN/SPORT Listed 2 days agoBody Style: Sedan 4 DREngine Type: 4.5L V8 PFI DOHC 32VFree CARFAX Report CARFAX has determined that this vehicle has had one previous owner Jaguar/Land Rover Of Chantilly, LLCDistance: 35.09 miContact DealerCARFAX Vehicle History Report

Get Your Auto Quote from Liberty MutualVehicle History DetailsGlossaryA CARFAX Vehicle History Report is based only on information supplied to CARFAX. CARFAX checked over 5 billion vehicle history events and found 5 record(s) for this 2006 INFINITI M45 SEDAN/SPORT (JNKBY01E46M201721).

Owner One Vehicle HistoryPurchased: 2005Type: PersonalWhere: IllinoisEst. miles/year: 5,840/yrEst. length owned: 6/28/05 - 11/10/08(3 yrs. 4 mo.)

Date: Mileage: Source: Comments:02/23/2005 NICB Vehicle manufacturedand shipped to original dealer06/28/2005 IllinoisMotor Vehicle Dept.Willow Springs, IL Registered aspersonal vehicle08/02/2005 2,312 IllinoisMotor Vehicle Dept.Willow Springs, ILTitle #X5214628163 Title issued or updatedFirst owner reportedLoan or lien reportedRegistered as lease vehicle11/10/2008 21,119 Auto Auction Sold at auctionin IllinoisListed asa manufacturer vehicleCARFAX Xpert Dealers routinely buy and sell millions of used vehicles at auction each year.12/23/2008 21,200 Dealer Inventory Vehicle offered for salePrint This Page Print this CARFAX Report and take it to your pre-purchase inspection .CARFAX Xpert

* CARFAX 1-Owner vehicle! 1-owner 2006 Infiniti M45 Sedan/Sport vehicles are worth an average of $2,016 more to consumers because 1-owner vehicles tend to be consistently driven and maintained. Use this as a guide when comparing vehicles. Learn More * Low mileage! This owner drove an estimated 5,840 miles per year, lower than the industry average of 15,000 miles. These vehicles can be a better value.


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M4T5
Posts: 1219
Joined: Tue Dec 30, 2008 4:42 am
Car: 2007 Infiniti M45

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jeostang wrote:Here is the carfax info on it.

Tab Vehicle Ownership History Vehicle Ownership HistoryThe number of owners is estimated by CARFAX Owner One Vehicle HistoryYear purchased 2005 Type of owner PersonalEstimated length of ownershipCARFAX One Owner Vehicle History 3 yrs. 4 mo. Owned in the following states/provinces Illinois Estimated miles driven per year 5,840/yrLast reported odometer reading 21,200 Vehicle Title History Vehicle Title HistoryCARFAX guarantees the information in this section Owner One Vehicle HistorySalvage | Junk | Rebuilt GuaranteedNo ProblemFire/Flood | Hail Damage | Buyback/LemonThis vehicle qualifies for the CARFAX Buyback Guarantee GuaranteedNo ProblemNot Actual Mileage | Exceeds Mechanical Limits GuaranteedNo ProblemGUARANTEED - None of these major title problems were reported by a state Department of Motor Vehicles (DMV). If you find that any of these title problems were reported by a DMV and not included in this report, CARFAX will buy this vehicle back. Register | View Terms Other Vehicle History Information Other Vehicle History InformationNot all accidents or other issues are reported to CARFAX Owner One Vehicle HistoryTotal Loss CheckNo total loss reported to CARFAX. No Issues ReportedStructural / Frame Damage CheckNo structural / frame damage reported to CARFAX. No Issues ReportedAirbag Deployment CheckNo airbag deployment reported to CARFAX. No Issues ReportedOdometer Rollback CheckNo indication of an odometer rollback. No Issues IndicatedAccident / Damage CheckNo accidents or damage reported to CARFAX. No Issues ReportedManufacturer Recall CheckCheck with an authorized Infiniti dealer for any open recalls. No Recalls ReportedBasic Warranty CheckEstimated to have 6 months or 38,800 miles remaining. Recalculate warrantyInterested in an extended warranty? Warranty Active Tell us what you know about this vehicleCARFAX Vehicle History Report

CARFAX Hot Listings - Used cars for saleStill looking? Find similar cars just listed for sale in your area. Let us do the work! Get daily updates of INFINITI M45 vehicles for sale in your area.

Email:

Zip: 2007 INFINITI M45 SEDAN/SPORT Listed 1 day agoBody Style: Sedan 4 DREngine Type: 4.5L V8 PFI DOHC 32VFree CARFAX Report CARFAX has determined that this vehicle has had one previous owner Jaguar/Land Rover Of Chantilly, LLCDistance: 35.09 miContact Dealer2006 INFINITI M45 SEDAN/SPORT Listed 1 day agoBody Style: Sedan 4 DREngine Type: 4.5L V8 PFI DOHC 32VFree CARFAX Report CARFAX has determined that this vehicle has had one previous owner Infiniti Of ChantillyDistance: 35.09 miContact Dealer2006 INFINITI M45 SEDAN/SPORT Listed 2 days agoBody Style: Sedan 4 DREngine Type: 4.5L V8 PFI DOHC 32VFree CARFAX Report CARFAX has determined that this vehicle has had one previous owner Jaguar/Land Rover Of Chantilly, LLCDistance: 35.09 miContact DealerCARFAX Vehicle History Report

Get Your Auto Quote from Liberty MutualVehicle History DetailsGlossaryA CARFAX Vehicle History Report is based only on information supplied to CARFAX. CARFAX checked over 5 billion vehicle history events and found 5 record(s) for this 2006 INFINITI M45 SEDAN/SPORT (JNKBY01E46M201721).

Owner One Vehicle HistoryPurchased: 2005Type: PersonalWhere: IllinoisEst. miles/year: 5,840/yrEst. length owned: 6/28/05 - 11/10/08(3 yrs. 4 mo.)

Date: Mileage: Source: Comments:02/23/2005 NICB Vehicle manufacturedand shipped to original dealer06/28/2005 IllinoisMotor Vehicle Dept.Willow Springs, IL Registered aspersonal vehicle08/02/2005 2,312 IllinoisMotor Vehicle Dept.Willow Springs, ILTitle #X5214628163 Title issued or updatedFirst owner reportedLoan or lien reportedRegistered as lease vehicle11/10/2008 21,119 Auto Auction Sold at auctionin IllinoisListed asa manufacturer vehicleCARFAX Xpert Dealers routinely buy and sell millions of used vehicles at auction each year.12/23/2008 21,200 Dealer Inventory Vehicle offered for salePrint This Page Print this CARFAX Report and take it to your pre-purchase inspection .CARFAX Xpert

* CARFAX 1-Owner vehicle! 1-owner 2006 Infiniti M45 Sedan/Sport vehicles are worth an average of $2,016 more to consumers because 1-owner vehicles tend to be consistently driven and maintained. Use this as a guide when comparing vehicles. Learn More * Low mileage! This owner drove an estimated 5,840 miles per year, lower than the industry average of 15,000 miles. These vehicles can be a better value.
If you rely on CARFAX, your an idiot. There are so many ways around not reporting those items listed above. Cash will do the trick every time!

J

Bob24
Posts: 171
Joined: Fri Dec 12, 2008 9:12 pm
Car: 2007 M45 Sport

Post

I would not say you are an idiot. That is a bit harsh. Although I have found AutoCheck to be better than CarFax. If you are serious about buying a good pre-inspection by a qualified tech is a sound investmest.

User avatar
M4T5
Posts: 1219
Joined: Tue Dec 30, 2008 4:42 am
Car: 2007 Infiniti M45

Post

Bob24 wrote:I would not say you are an idiot. That is a bit harsh. Although I have found AutoCheck to be better than CarFax. If you are serious about buying a good pre-inspection by a qualified tech is a sound investmest.
Preferably a third party quality tech! Not an Infiniti tech or a tech from the dealership your buying from. Yeah, I shouldn't had said idiot.... Damn my mouth!!!

J

tytamto
Posts: 245
Joined: Mon Dec 15, 2008 12:39 pm
Car: 2006 Infiniti M45

Post

I almost bought this car almost 2 months ago. He paid 21500 if i remember correctly at the auction (Manheim, I belive). They have had it for a while, and will be willing to deal on it. I checked records with Infiniti, and it had all the services done on time. Should be a good car.

I would offer $23k for it. They will take it. They wanted to accept my $23.5 then...

Bob24
Posts: 171
Joined: Fri Dec 12, 2008 9:12 pm
Car: 2007 M45 Sport

Post

With a clean record and all the services done on time that would really be a nice car for $23,000. Especially considering the mileage.

How did you find out what the car went for at auction? That is great information to get.

On a side note, how would you like to be the guy that paid in the neighborhood of $50,000-$60,000 for an M45 only to come back to the dealer two years and 20,000 miles later and find out that your car has taken a $30,000 to $40,000 hit in it's value. Ouch!

tytamto
Posts: 245
Joined: Mon Dec 15, 2008 12:39 pm
Car: 2006 Infiniti M45

Post

A family member owns a dealership and subscribes to Manheim and ADESA auction houses. Those are two main nationwide used car auctioneers, that are used by most manufacturer's to unload their lease returns, trade-ins, and corporate cars. You can search by VIN to find sale records (up to 30 days) on their websites if you are a member and have a login. Any registered auto dealer can bid either in person, or online. They also offer 'buy-it-now' option on some cars. In addition to that, there are blocks of cars that are typically reserved for official 'new make' dealers, for example Infiniti dealers only auctions. That ensures that only Infiniti dealers will bid on those cars, and that there are no other dealers inflating the wholesale value - allowing Infiniti dealers to make more money on those cars, and have less competing same model cars out in the market at independent dealers. You can also get a market report that will provide general figures on what a particular car typically sells for at auction.

You feel sorry for the guy that paid $50-60k for an M45, but it really does not work that way. Most people who purchase those cars will keep them for a long time. The cars that you see on the market are typically lease returns. They are owned by Nissan Financial, and are being sold at auction by Nissan. The owner only pays what he agreed to for leasing/using the car for the duration of his contract. You know what the cost will be up front (i.e. $750/month x # of months + fees). The amount the car sells for is Nissan's gamble. That is the reason why BMW lost tons of money last year - their residuals on lease returns dropped way lower than what they expected at lease origination.

Ultimately, if you can't afford losing big $ on a car, do not purchase expensive automobiles - after all, they are depreciating assets - unless the expense is tax deductible, or you are being reimbursed by your employer.

The previous owner of my car was co-founder of a decent size local investment firm. Needless to say, he is loaded, and it was his company car.


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