I'm never buying a new car (Infiniti) again!!!!

[zippyslug31]

Just got my 06 coupe last year, all the goodies, etc. Presently it has super low miles and it's a real looker; practically new looking and condition.

On a whim I checked out ebay thinking to myself "so, what are comparable Gs going for" and GRRRRRRRRRR. I still owe more on it that they are selling for (i.e. buy-it-now price); this even after making payment for over a year.

And yeah I know, you can't use ebay to use as a price guide and it's not kelly blue book, but you certainly can get an appreciation for what the market will tolerate.

This was my first NEW car and even though I've heard it before, the depreciation on a new vehicle is almost criminal. In fact I would have thought that with the Infiniti name it would have maintained its value better than, say "a plain old Nissan".

For me, I like having a newer vehicle but I will never buy brand new again.

[USAF_G35_Guy]

I don't blame ya =) That's why I have yet to buy brand new...and probably never will =) Unless I'm just uber rich and pay with cash.

I prefer used anyways...it weeds out the lemons. CARFAX and service receipts ftw

[etschell]

i never buy new cars, its a waste of depreciation.

[joe603]

If you think thats bad....I bought a lancer ES when they first came out in 02 for 16k. After a year I wanted to get something with ABS...so I looked up the value. I was quite pissed when kbb said that it was worth 9k...Thats a HUGE loss!

The weird thing is that after 4 more years, it's worth 8k...just had to survive the initial nosedive!

[USAF_G35_Guy]

OUCH^^

[zippyslug31]

If you think thats bad....I bought a lancer ES when they first came out in 02 for 16k. After a year I wanted to get something with ABS...so I looked up the value. I was quite pissed when kbb said that it was worth 9k...Thats a HUGE loss!

The weird thing is that after 4 more years, it's worth 8k...just had to survive the initial nosedive!

I dunno know Joe, you might win, but I'm seeing my $40k ride going for mid $20ks????????????

Totally ticks me off.

I sure hope to hell this is just the initial dive and then they level out and the value becomes much more based on what the specific vehicle has to offer. In THAT case I know I'll be way up there "as far as Gs go".

[Kendahl]

kbb.com is probably a better source of data than ebay. However, you will still be shocked by the depreciation as well as by the dealers' mark up.

I have gotten the best deal on a one or two year old car. The first owner ate much of the depreciation, but didn't have the car long enough to run it into the ground. Unfortunately, retail prices on G35 coupes are not that good. Local dealers wanted $30k for a very-low-mileage 2004 and $32k for a 2005, both with premium and navigation packages. My new G37, with the same packages, is $42k.

If you plan to keep a car for a long, long time, depreciation isn't so important. I suspect that you are no worse off buying a new car and keeping for 10 years than buying a two-year-old car every five years. Compare my new G37 to the used G35s I mentioned above. The big advantages to buying new are that you can get exactly what you want and you don't have to worry about a previous owner's abuse and/or neglect.

[telcoman]

Just got my 06 coupe last year, all the goodies, etc. Presently it has super low miles and it's a real looker; practically new looking and condition.

On a whim I checked out ebay thinking to myself "so, what are comparable Gs going for" and GRRRRRRRRRR. I still owe more on it that they are selling for (i.e. buy-it-now price); this even after making payment for over a year.

And yeah I know, you can't use ebay to use as a price guide and it's not kelly blue book, but you certainly can get an appreciation for what the market will tolerate.

This was my first NEW car and even though I've heard it before, the depreciation on a new vehicle is almost criminal. In fact I would have thought that with the Infiniti name it would have maintained its value better than, say "a plain old Nissan".

For me, I like having a newer vehicle but I will never buy brand new again.

I think you are looking at this the wrong way. I'll use my prior vehicle as an example.1992 Lexus ES300 5 Speed manual. Paid $28k Kept the vehicle 14 years and sold it for $3500

$28,000 minus $3500 equals $24500 divided by 14 years equals $1750 cost per year. $1750 divided by 12 months equals $145.83 per month. Not bad!

I can count the number of times the Lexus went to the dealer on one hand. Very reliable.

My G35 way outperforms the Lexus but although at my age now I probably won't keep a vehicle as long as I used to, I'm confident I could get 14 years out of my G35?

Your greatest depreciation is in the first few years. Some vehicles actually appreciate after bottoming out. A 1955 to 1957 Chevy is a good example.

Just my $.02

Telcoman

[grantman240z]

That is exactly why I will never buy a brand new car...let someone else take the depreciation hit!

[joe603]

I'm soooo happy I found my 05 G when I did. I got a good deal on a low mileage (5k) car. If I sold it tomorrow, I'd make money...that's hard to do with most brands. The Infiniti G35 is one of the few cars that have good resale value.

It could be worse...GM cars (except for the vette) are some of the worst in the market!

[zozoka1212]

I don't want to scare you guys but if you are planning to keep the car for a longer period of time it is worth. Just think this way. Would you like somebody else to drive the car for braking it in. NOOOOO. So how do you know he/she was driving it a way you would?

just a thought.

zozo

[gwoods]

I keep my cars 3 years and try to buy a used current model year lease return. Most leases require maintance some provide it.

My 07 is used I bought it for $32 k out the door with 14,000 miles on it.

I'll be upside down the next two years and I'll trade it the third year when I can break even.

My 2 cents.

I would lease but I drive 60 miles a day.

Jeff

[telcoman]

I don't want to scare you guys but if you are planning to keep the car for a longer period of time it is worth. Just think this way. Would you like somebody else to drive the car for braking it in. NOOOOO. So how do you know he/she was driving it a way you would?

just a thought.

zozo

You are correct! Too many people are either not aware of the proper care of an automobile or do not care. Do your research, buy the best vehicle you can afford, Negotiate, get a good deal, pay cash and keep it for 10 to 15 years or more. This is the cheapest way to own an automobile. For those that think leasing is cheaper add up all your payments after 10 years and what you have to show for all that $$$$.Just my $.02

Telcoman

[soul_hfk]

good points im wit u zozo if your going to keep the car for a little go new but if your 1 that like a payment and a new car every3-4 yrs then i would lease and every1 knows that if u lease that if u add up what u spend in a lease u could of bought the car out rite but some people like new cars every so many yrs but wouldnt lease

just my 3 cents

[gday]

and the fact that mostly HS kids want to purcahse the car, aint helping the resale value either. kids with no money will always lowball you.

[adren77]

Why are you blaming it on Infiniti? This is the case with any car you buy. I think everyone knows if you're looking for the best deal, buying a brand new car is not the best way to go about it. Also, the fact that the new model G37 came out had a lot to do with the depreciation. Same happened to the 3-series.

Also, buying a brand new car, so you can sell it or trade it in 3 years down the road is also a huge dump of money. If you want to get your money's worth, you gotta keep it for like 10 years, and keep repairing it, rather than get rid of it the first time you get a serious problem. G is a Nissan so you're almost guaranteed 200k + miles before any major repairs... and even then you should invest into these repairs and keep driving the same car. I put 40-50k miles a year on my car, and I plan to do an engine swap when my car dies (hopefully not soon)

Anyways, G is an awesome car, so once you get that steep drop in price, it should stop there. Think about the 300zx... 15+ years old, and they still go for $10k. The same is going to be the case with the G. Especially for people who buy them now, for $25k, and 10 years later they want to sell it.

[J-Owner]

My J30t was 10 years old and had 133K miles on it when I sold it to buy the G35. I could have gotten easily another 75K miles out of it but I got the new car fever.

I had only one big thing go wrong with it (outside of normal maintenance) in 10 years that cost me $1,600. That is not bad on a 10 year old car.

Infiniti's are very reliable cars. Not keeping them for the long haul is a waste.

[keithjack]

If you plan to keep the car a long time it matters less. When I was buying I had the budget to buy a new 350Z or a one year old G35. I bought the G35 like I bought the previoius BMW 528/5sp and before that the Acura Legend. I have usually opted for a low mileage partially depreciated higher level car.

That's how I got so rich. (Just kidding, I would be better off if I just drove Honda Civics.)

[Tampa G35 Sedan 6MT]

My INFINITI is great! But I had a Lexus before the Infinit that was priceless to own.

I had a 2001 Is300. I paid 12k cash in 05 with 60k miles.. It was taken care of and in perfect condition. I drove it for exactly 26 months then i sold it outright. It had 116k miles on it when i sold it and i took really good care of it so it was still like brand new. Never once did i do any type of repair to the car and it never left me stranded. I only did brakes, tires, oil change, flushed all fluids once (tras, radiator, ps, brake fluid), and one timing belt. All maintenance cost. I did most of the work myself... Not the oil change lol (walmart mobil one Synthetic extended preformance [15k mile oil]...$60.00)

I sold it for 10,500 dollars!

So in 26 months i cost me about 58 dollars a month to own.

I paid more than than in insurance lol

And yes Lexus is number one to hold value lol.. I just wanted a fast 6mt sedan... That is what i have but I am paying for it

MY DOLLARS



DJ

[MagicM]

HAHAHA you think that depreciation is bad, go buy a Range Rover and feel what REAL DEPRECIATION MEANS.

[Tampa G35 Sedan 6MT]

That is the truth....

[soul_hfk]

i would never buy a Range Rover id rather a Yukon Denali or the QX56 better resale and the QX is just HOTT! .. but i like to keep my cars for a little i had my 98 grand prix 9 yrs be4 it had to go for the G and my Durango is going be 8 soon but that thing only has 60k on it so im going to hold onto it BUT the QX looks soooooo damn good

[Turkishs14]

So this is why you are not going buy an other Infiniti?? Is with any car out there....soon as you drive off the dealership the value goes down dramatically....not just Infiniti

[MagicM]

The QX56 to me is more of a hate it or love it truck, Personally i think it's way too big for me, and the styling is goofy. On the weekends i usally do offroading, while the qx56 i'am sure can offroad pretty good, i don't think it can be the same as a RR. If i do ever purchase a full size suv i would get the Land cruiser . In the range of Value, reliablity and offroad wise, the qx56 can't match it. On the other hand the land cruiser does look boring styling wise compared to the qx56.

[Tampa G35 Sedan 6MT]

Thats Right...

The LandCruiser is the Bomb!

My Parents have one. We took it up to vermont to go skiing over last Xmas. It snowed really bad. I had never seen snow like that, Maybe that is becasue i am from Florida. But you couldn't even see the truck. I dug my way to the door. It fired up the first time, and then i put it in drive and drove right out of the Hill of snow. It is a tank like the RR but more reliable for sure!

DJ

Oh and wait for the 2008 to come out.. It has that fabulous V8 that is in the tundra. 380 HP 5.7L V8 Baby!




Modified by Tampa G35 Sedan 6MT at 5:12 PM 11/7/2007

[Dural03]

i know what you mean about buying new new cars. its just how yu plan for the future, ifyou wnat to sell it later on. for the past year, i bought a brand spanking new 2006 honda civic si, drove that around for 6 months than got deployed, in the middle of deployment i sold the car, i lost a lot on it, and i wasnt even driving it and not to mention that i put leather seats on it. than i bought my wife a brand spanking new scion tc, now she wants to sell it - lol i said hell no, you keeping that car. im not going through with that ever again, and now coming back from deployment recently bought a house and now i own a g35 no new but good enough. and im still happy. less than my si insurance.....but i guess we learned the hard way. but yu can check out the new cars for the ferrari's. not saying that im a ferrari buff but check out the year it comes out and than the next, i think that is a big loss there. buy for 200+ and next year sell it for 180+, thats a big deal. but im not rich so i guess it doesnt phase the people that can actually afford something like that. well just wanted to put in my 2 cents.

[gsti]

you are right

[soul_hfk]

ummmm i dont know about u but u dont take a 55+k suv MUDDING maybe its just me...if your going to go offroading u get something more like 10-20k to bet the hell out of

[MagicM]

ummmm i dont know about u but u dont take a 55+k suv MUDDING maybe its just me...if your going to go offroading u get something more like 10-20k to bet the hell out of

Maybe you don't ,but i take both of my trucks "Mudding" all the time They're built to do it, and it's great fun. unfortunately most suvs closest to offroading is the curb the soccermom hits. The majority of the offrading vehicles here are those jeep tjs,and it's funny because it's always the same 2 lines that come out of thier mouths 1. DUDE! what's wrong with you taking that offroading", and i just give them a couple blinks. 2. "OMFG a Range Rover not getting groceries, did you loose your way?"

[soul_hfk]

like i said 55+k isnt worth betting the hell out of