Draximus Posted April 10, 2013 Posted April 10, 2013 (edited) Ive been out for a test drive in a 370z GT Edition 7 speed auto, and loved it... So I talked to the dealer about getting a spanking new 2013 edition 370 GT Pack with Premium Connect, + Parking Sensors I was quoted £29000, with a few caveats... I would be paying £400 a month for 36 months, with a balloon payment at the end of £10500. (Nissan Preferences) However after working out the APR it seems its about 10.9% APR which is crazy. Discounted Price: £29000 (£7000 discount apparantly) Part Ex: £7750 Deposit: £500 GMFV: £10465 Sticking this into a car loan calculator at http://www.thecalcul...ncalculator.php and tweaking the APR till the monthly amount equals 400 gives around 10.9% APR... Not good. Am I getting screwed with this deal? Edited April 10, 2013 by Draximus Quote
370Ad Posted April 10, 2013 Posted April 10, 2013 Ive been out for a test drive in a 370z GT Edition 7 speed auto, and loved it... So I talked to the dealer about getting a spanking new 2013 edition 370 GT Pack with Premium Connect, + Parking Sensors I was quoted £29000, with a few caveats... I would be paying £400 a month for 36 months, with a balloon payment at the end of £10500. (Nissan Preferences) However after working out the APR it seems its about 10.9% APR which is crazy. Discounted Price: £29000 (£7000 discount apparantly) Part Ex: £7750 Deposit: £500 GMFV: £10465 Sticking this into a car loan calculator at http://www.thecalcul...ncalculator.php and tweaking the APR till the monthly amount equals 400 gives around 10.9% APR... Not good. Am I getting screwed with this deal? http://www.natwest.com/personal/loans/g1/personal-loan-calculator.ashx Just looked on Natwest's loan calculator and for that amount of money its also 10.9% APR. Quote
Will370z Posted April 10, 2013 Posted April 10, 2013 I'd hold off on buying new - prices of new 370z in europe are coming down by approx 6k euros to compete with the gt86's /brz so there may be some good deals out there soon Also is it the old shape with the fangs or the new shape? This could also prove a good bargaining chip Quote
Draximus Posted April 10, 2013 Author Posted April 10, 2013 (edited) I'd hold off on buying new - prices of new 370z in europe are coming down by approx 6k euros to compete with the gt86's /brz so there may be some good deals out there soon Also is it the old shape with the fangs or the new shape? This could also prove a good bargaining chip Where did you get that information from regarding the price drop? New shape. Edited April 10, 2013 by Draximus Quote
Ebized Posted April 10, 2013 Posted April 10, 2013 I was in Motorline Nissan showroom at Tunbridge Wells today and showed the guys your quote ^^^^^ , as I saw they had a storm white paddler. But they couldn't match your quote and felt the garage had a need to move it on, so on the face of it the offer looks good. Best price from them was just over £30k Quote
Will370z Posted April 10, 2013 Posted April 10, 2013 I'd hold off on buying new - prices of new 370z in europe are coming down by approx 6k euros to compete with the gt86's /brz so there may be some good deals out there soon Also is it the old shape with the fangs or the new shape? This could also prove a good bargaining chip Where did you get that information from regarding the price drop? New shape. http://www.350z-uk.com/topic/69192-huge-price-drop-for-new-370s/ Quote
Jay Posted April 10, 2013 Posted April 10, 2013 I would really struggle to buy a new car these days as the depreciation is a bloody killer. Quote
Will370z Posted April 10, 2013 Posted April 10, 2013 I did it once years ago on a brand new black gti, supposed to beoneof the lowest depreciating cars in the market at the time. I tell you i will never do it again. I lost a fortune in the first 8 months. Quote
Harryjax Posted April 10, 2013 Posted April 10, 2013 Ive been out for a test drive in a 370z GT Edition 7 speed auto, and loved it... So I talked to the dealer about getting a spanking new 2013 edition 370 GT Pack with Premium Connect, + Parking Sensors I was quoted £29000, with a few caveats... I would be paying £400 a month for 36 months, with a balloon payment at the end of £10500. (Nissan Preferences) However after working out the APR it seems its about 10.9% APR which is crazy. Discounted Price: £29000 (£7000 discount apparantly) Part Ex: £7750 Deposit: £500 GMFV: £10465 Sticking this into a car loan calculator at http://www.thecalcul...ncalculator.php and tweaking the APR till the monthly amount equals 400 gives around 10.9% APR... Not good. Am I getting screwed with this deal? Mate buy a 370z with a few miles on you will save a fortune that you can spend on mods Where are you based? Quote
sipar69 Posted April 13, 2013 Posted April 13, 2013 Agreed. Get a low mileage second hand car. There are GT Editions on Auto Trader. Quote
spursmaddave Posted April 13, 2013 Posted April 13, 2013 Agreed thd huge discounts on new 370's will be reflected in the 2nd hand market go get yourself a bargain, you will need at least £1k for a decent exhaust anyway! Quote
Pete87 Posted April 13, 2013 Posted April 13, 2013 Just had a look on the nissan website as I didn't know they jad changed the 370z the new wheels are horrible the old wheels look much better I'd buy a low milage used one if i was you. Quote
dragon Posted April 13, 2013 Posted April 13, 2013 Same as everyone else save your dosh for mods and buy 2nd hand, lots out there. Quote
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