Hell of a deal on a new M45 ?

Forum for Infiniti M35 and M45, and Nissan Fuga owners.
yidal8
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Hell of a deal on a new M45 ?

Postby yidal8 » Wed Aug 13, 2003 4:21 am

Fully loaded , minus the navi. graphite on graphite . Sticker comes to $46455. Sell price $39800 . But wait , they also offered to take my (very clean) 91Q with 135kmi. for $2500 on the trade in . This is actually $2712 , with the sales tax savings.What's a guy to do ?


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rydwhite
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Postby rydwhite » Wed Aug 13, 2003 4:21 am

Get the M. What a great car.

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Q451990
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Postby Q451990 » Wed Aug 13, 2003 4:21 am

Probably not bad... Aren't they redesigning the M for 2004 or 2005? I personally would lean toward one of these slightly used Qs (15K miles or less)$35 or 36K and get an extended warranty, but that's just me.

As far as the numbers of that deal, not bad... depressing to see that the trade in value is legitimate. :(

Heath

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maxnix
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Postby maxnix » Wed Aug 13, 2003 4:21 am

For $2712, I would keep the 1991 Q45 unles it is dead or you have no room for it.

yidal8
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Postby yidal8 » Wed Aug 13, 2003 4:21 am

Heath ,Thats what I usually want to do also , I hate buying new cars. On the other hand , if I wait another year , the trade-in deal is gone also . But maybe it will be more like $30K by then for the 2003 M, the 2003 model will be 2 years old by next september when the redesigned M will come out.I don't understand your comment about the Q trade-in numbers . You mean it is too high ?

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PalmerWMD
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Postby PalmerWMD » Wed Aug 13, 2003 4:21 am

The M is an awesome car.Basically a Brand new car at sligthly used price.If I was ready to buy I would.

Fred..: )

yidal8
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Postby yidal8 » Wed Aug 13, 2003 4:21 am

maxnix , yes , that's another option . I was thinking of keeping the Q and letting my daughter drive it when she turns 16 next summer . The problem is , my other toys ( HondaS2000 , Ducati900SS + my wife's Pathfinder ) are in the garage . The Q is already relegated to the driveway , now on top of it the M ? something will have to give . The Q by the way is fine , it is my daily driver for the last 8 years.

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maxnix
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Postby maxnix » Wed Aug 13, 2003 4:21 am

Keep it for your daughter. Like me, you are out of garage space. It is just too expensive in Seattle to keep the cars I want.__________________Brian1995 Q45 & Q45t

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Q451990
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Postby Q451990 » Wed Aug 13, 2003 4:21 am

yidal8 wrote:I don't understand your comment about the Q trade-in numbers . You mean it is too high ?


No, the private party value for your Q on KBB is about $2800 if I remember correctly, so the offer from your dealer is good. I was just saying that it's depressing that the older Q's have depreciated that much. I'm going to be selling one of mine soon, but if I can't get anything for it, it may become a parts car... an even more depressing thought! Depreciation in the last two years has been terrible (unless you're buying) - I had originally budgeted getting $5-6K out of her back in 10/01 - not looking so rosy now...

Heath

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Rex
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Postby Rex » Wed Aug 13, 2003 4:21 am

If an M was in my budget and I was looking, I'd be all over that deal. I think they're great looking cars and does anyone know for sure what the redesign will look like?

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greg_atlanta
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Postby greg_atlanta » Wed Aug 13, 2003 4:21 am

The Fulton County (Ga.) taxable value on my 1992 Q is $1860 (and they don't keep track of mileage). The plus side is I get tag renewal for free! (used to be around $200/yr) Only have to pay $25 for emissions test.

I say go for the M45 if you NEED a new car for some reason but there's no such thing as a "deal" on a new car. New cars are always the biggest waste on money on the planet. It's only a deal if you can turn around and sell it for a profit, but that's not likely. Buying an unpopular car means it's hard to get rid of it if you needed to.

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elwesso
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Postby elwesso » Wed Aug 13, 2003 4:21 am

Keep the old Q, and wait an get a used M when the daugter turns 16.......

The Q will be a good first car...... Well built, reliable, and heavy so its really safe..... If you dont want excessive speeding, just take out the knock sensors..... :D

docsmile71
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Postby docsmile71 » Wed Aug 13, 2003 4:21 am

Don't buy the M unless you plan on keeping it for a looooooooooong time. You will not be able to sell it even if you paid someone to take it. The reason dealers are offering such huge discounts is cuz nobody likes them. If people don't want to pay rockbottom price for them new, nobody is gonna pay for them used either.

Just something to think about before investing $40K on a bad investment. If the Q runs well and is reliable, then I don't see why you need to get rid of it.

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Q451990
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Postby Q451990 » Wed Aug 13, 2003 4:21 am

docsmile71 wrote:Just something to think about before investing $40K on a bad investment.


I think Greg made this point a long time but here goes again...

A car is not an investment. It's a necessary expense, and in many cases it can be capital that earns you money (e.g. you can't earn $$ if you can't get to work) but it will rarely appreciate, like a house or land... Minor point, but my point is that a car is always a net loss! You just have to be comfortable with how much you'll loose - and buy accordingly.

My dad was talking about how I should drive my truck more often (better gas mileage, cheap parts, etc.) and I mentioned that he's missing the point - I bought the Q because that's what I want to drive! It makes me happy... The truck makes me happy for entirely different reasons - I can haul stuff and not scratch up the Q!

The fact that a necessary commodity is a hobby for all of us (or we wouldn't be here) just makes it fun! Too bad other things that drain my wallet can't be hobbies... maybe I'll go look for the SSUC (Sanitary Sewer User's Club) :D

Heath

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Postby Metroyed » Wed Aug 13, 2003 4:21 am

(applauds)

beautifully stated Heath

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PalmerWMD
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Postby PalmerWMD » Wed Aug 13, 2003 4:21 am

I don't know folks.. I sense a lot of negative vibes in this thread.

(ok,ok I WAS born in the 60's :D)

Tima and again I think back when I am with a Q and go, "WOW what agreat car , just imagine having this when new, I wish I 'd had a chance to pick one of tehse up new"

Well here is that chance!

Also Since the M's are a great deal to begin with and now all those discounts? Thats at a used car price now.

Arguements about a new one coming out in 2 years?bah, There's always a new one coming out in 2 years of anything.And even if it is much better ( which is not sure thing) I'd still be a while for it to get discounts.

I will likely buy a new ( nearly new) M or G in next 24 months, just cuz I like 'em.

Fred...:thumbup

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Jesda
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Postby Jesda » Wed Aug 13, 2003 4:21 am

I recommend pulling up my review of the M45 from my test drive a couple weeks ago. To sum it up briefly: IT IS FREAKING AWESOME!

Someone made an excellent comparison a week or so ago on this forum, mentioning that the new Q45 is an updated version of the 97-01 Q, and the M45 is an updated version of the 90-93 Q. They are correct. I promise you will love the M.

However, I would wait until the end of the year to see if the 2004 M45 is redesigned and see what you think of it, or get a slightly-used meticulously-adored 2003 dirt cheap.

-Jesda

yidal8
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Postby yidal8 » Wed Aug 13, 2003 4:21 am

All above points are on the money - pro , and con . I don't disagree with you guys .Ofcourse I don't need a new car , or another car right now . I also don't really need my Honda S2000 , or my Bike .It just that I deserve a new car , because I'm a great guy . No , actually , few things are starting to need attention , and I actually got stuck with fried fuel pump + controller - yes all my fault .( I replaced the pump my self, thanks to you guys , and got my colegue at work to fix the controller - my first real DIY on this car) But , still , maybe the Q is trying to tell me something , like she is ready for some rest , semi retirement , or a younger , better looking driver , like my daughter . For me it is a mental thing that tells me it is time to get another car , sometimes not very logical . The 91Q is the longest I have kept any car , obviously it is hard for me to let her go . It as been quite economical to maintain , and very reliable . Total out of pocket cost for maintenance + repairs over 8 years , and my 90Kmi is$9500 for everything . I got her off lease with the 7/100K warranty that saved me a bundle , including chain guides , AC compressor , vacum booster , suspensilon bits , 1st. fuel pump change and many , many other things . I estimate total warranty work on my watch at $6-7K easy .I , like many of you still can't bring myself to buying a new car , specially Q or M . These are or will become still the best used car deals on the market by far , just like the old Q .I will probabely wait another year , and pick a nice 2003 M for $30K or less . Or maybe just wait few more months untill November , when they are now leftovers .

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Postby dougs98Q45 » Wed Aug 13, 2003 4:21 am

Buying new is for lotterry winners and such. Love to be able to myself and jealous of those that do but there are just too many things in life that I feel I should spend new car money on instead (bigger house, retirement, etc). So, your last sentences sums up my feelings exactly. And hey- it's not like you're suffering in an '83 Vovlo in the meantime.....

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Postby G8R45 » Wed Aug 13, 2003 4:21 am

I agree with most of you guys about a car being a poor investment. There are exceptions ( mostly older, expensive cars that can't be driven mucj in order to protect their value ). In my case I own my own business and drive 30,000 miles a year. I always lease my vehicles, buy the appropriate mileage, and keep them a relatively short term. I can't afford to be in a high mileage vehicle on the way to an appointment and break down. I know it is not most peoples situation but it works for me. By the way I never, ever put any money or trade down with a lease. I use a commercial leasing company and treat it like I am renting ( which I am ). Why people put large sums of money down on leases is beyond me. I guess if you were planning on purchasing the vehicle at the end of the lease it would make sense. Most people never do though.

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Jeff Williams
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Postby Jeff Williams » Wed Aug 13, 2003 4:21 am

Excelent point on the lease, always estimate the appropriate mileage. Nothing worse that haveing a car sit for 6 to 8 months, in the driveway, because the guy underestimated his mileage. I still find it amazing.

I am looking for a 2 year 1000,000 mile lease, that I can afford. Preferrably, a new M45.

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rydwhite
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Postby rydwhite » Wed Aug 13, 2003 4:21 am

That is alot of miles for 2 years. I have never heard of a car lasting a million miles. Even if you just added an extra 0, that is a shiet load of miles for 2 years, 100,000. Damn.

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Jeff Williams
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Postby Jeff Williams » Wed Aug 13, 2003 4:21 am

Damn keyboard. I meant 100,000 miles. I bought my 1994 Q May, 2002, with 105,000 miles on it. It was in the shop, for a month (new power steering lines, front bumper, oil pan, exhaust pipe, etc from a near-collission with a Freightliner - off road excursion at 80 MPH). Now it has 162,000 miles. I put 5,000 miles on the rental car.

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PalmerWMD
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Postby PalmerWMD » Wed Aug 13, 2003 4:21 am

Get it, Get it!

Fred..:thumbup

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elwesso
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Postby elwesso » Wed Aug 13, 2003 4:21 am

Id look into getting one of those sub-10k mile cars on ebay....... A Q premium goes for about 35k...... Golden if you ask me!!!

See if you could get one of those "pep" cars...... The ones where executives use them for like 3000 miles..... my grandpa got a grand marquis with 3000 miles on it for almost 15k below MSRP.....

yidal8
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Postby yidal8 » Wed Aug 13, 2003 4:21 am

Tose Q's on ebay , the $35K offers still are not getting it done . I think the selling prices are like $37-39K

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Postby Q45Viper » Wed Aug 13, 2003 4:21 am

KEEP THAT CAR FOR YOUR DAUGHTER! That's exactly my plan, she is getting her license tommorow and she loves this car, taking the test in it. She has been riding around in it since she was about 6 and the car was brand new, being dropped off at elementary school. She has even named the car, she calls the car Mr. Infiniti. If all the car will sell for is $2700 how are you gonna turn that $ around into another good, safe car for your daughter? And get the M. Prices will never be better. And to the individual above who made the comparison between the Gen 1 Q and the M and the Gen 2 Q and the new Q....thank you, you are sooo right, and I am just gonna have to resolve that inner difference between a brand new M at 38-39 and a 2002 Q at even less. Now, for all those woried about depreciation.....LEASE IT! Either one, Q or M. 2 or 3 year deal. The interest rates and the lease factors and Infinitis anxiety are respectively so low and so high that it's the only way to go. My final argument in that respect is that I believe that the 2005 and up Q and M are going to be sooo much improved because Infiniti has finally found the path that I do not want to be locked into another 15 year keep it forever.

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elwesso
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Postby elwesso » Wed Aug 13, 2003 4:21 am

I dont really understand it......

There arent many luxuary cars that loose their value so quick...... The only one that I can think of is cadillac, but they dont last much past 120k without an explosion of problems......

This is INFINITI people, the second most reliable company in existance today.......!

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Q45Viper
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Postby Q45Viper » Wed Aug 13, 2003 4:21 am

Grasshopper...We can only learn and profit by the opportunities offered to us. If we wait 2 years to buy low mileage used, we save 1/3 the price, AND the depreciation slows waaaay down after 2-3 years. If we lease, Infiniti is subsidizing and throwing in very low lease factors to make payments low, and THEN when the car comes off lease it is still cheap to buy because of high depreciation, and low residual values. It's all good for those of us who understand how GREAT these cars really are, I think the secret is starting to get out though, I can't tell you how many soccer moms in my neighborhood have asked me about the FX cars...I think Infiniti hit that one out of the park as well as the G35.

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PalmerWMD
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Postby PalmerWMD » Wed Aug 13, 2003 4:21 am

I promised myself a new or slightly used (demo?) M45 or G35 in the next 18 months as reward for my hard work in the last few months.

Fred..:)


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