Post by
Larz »
https://forums.nicoclub.com/larz-u216291.html
Tue Oct 28, 2014 7:15 pm
I could not agree more with your 'view' of the value that Infiniti brings to it's owners. You rarely meet an owner who doesn't absolutely love their car. However, in terms of higher re-sale, it's a completely different story.
First, the Infiniti idea was only a idea in 1985 and the name and product weren't chosen until 1987 - hardly a long history, and when they hit the states, an average of one dealership per state was opened and only two models were available - the M30 coupe and the Q45 sedan. Even though these cars were regarded as industry leaders, it was hardly a bold takeover in the states and Infiniti advertising - even today - is certainly not on par with it's competitors.
Because of cutting edge ideas and tech advances like voice-control and intelligent cruise control, the brand was well on it's way to impressing everyone and 2003 the G models were in the top ten driver's cars in the states. Infiniti was also the fastest growing car company in the early 2000's. But that was just over 10 years ago - again, not a long history.
For all the high quality and industry praise, it's still a 'new' car compared to it's competition. BMW, Mercedes, and others had already been around for decades and built a strong pedigree with proud racing traditions. Infiniti didn't even begin to pursue this until just a few years ago.
Having owned or driven BMs and Mercs, I honestly believe Infiniti is a better-built car and a higher quality car as well as more dependable than any of it's competition. How many American cars can go through 200,000 miles without being completely re-built from the ground up at the owner's expense? Virtually none.
Having said that, a previously owned Infiniti is, in my opinion, one of THE best values ever. Because they have no long pedigree and lack the level and intensity of advertising that GM, BMW, and Mercedes invest in their models, the Infiniti's depreciate a little quicker, and you get more car and higher quality for your dollar. Buying one new, not so much.
It takes many many years for a car company to achieve higher than average resale values and Infiniti will most certainly get there, but not for a number of years to come. They are too young a company to command high resale values, but their quality and reliability are still highly regarded.
My advise: Never buy a new infiniti and take a big loss on resale. Buy a near-new one after the big drop in dollars is done.
My 2007 M35 was a total loss after an accident last month. I paid low $20's for it at 63,000 miles. At the time it was totaled, it had nearly 100,000 miles and even after all those miles and 3 years later, my payout was still over $18,000 dollars.