Topic: Re-Sale Values

[si]

Just saw a 2002 top-of-the-line current body Q45 with 44km going for 35 grand.  This is a car that was new at over 80 grand.    The car lost almost 60% it's (high) value in 3 years.  Suprising to me considering it's an Infiniti.  And you know the original owner must have suffered even greater losses trading it in to a dealership.  These kinds of losses have been reserved for American cars moreso while Japanese cars have tended to grab onto their value.  Then again there isn't much of a huge market here for Q45s.  Too bad too see a nice car lose value so quickly.  Its not even a Jag!

[smainville]

I'm not surprised at all, all those guzzlers are going to lose value very quickly with the price of fuel.  With the miles I put on in a year, I don't know what I'd do if I was stuck with one of those.

[airbalancer]

I'm not surprised at all, all those guzzlers are going to lose value very quickly with the price of fuel.  With the miles I put on in a year, I don't know what I'd do if I was stuck with one of those.

If you are getting a car of that price you really dont care about fuel cost

i put on over 35000km on my truck a year, if you need to gas to get to work  you just put it in and dont b*tch about it

Q45 was probably leased, and the person only cared price per month

if it was convertible I would be intested

[si]

Doubt it was leased as it wasn't at an Infiniti dealer.


Lexus LS would NEVER see similar drops in re-sale values.  But it is preferrable of the two IMO.

[airbalancer]

Any dealer can lease you any  car , it could have been a 3rd party leaser

[The Mighty Duck]

I would imagine when you start talking about luxury cars automaker isn't so relevent...  the market for a vehicle like the Q45 is limited, and most of the people who would look at it are looking brand new.

People who have $35 000 to spend on a car are probably still at the point where they want something fuel efficient, which the Q45 most certainly is not.  Cars like the Civic et al. hold onto their value so well because they're bullet-proof, economical, and desirable, and practical.

The Q45 isn't as desirable (high fuel costs) nor as practical.  So as the market shrinks, it's bringing less money.  Also, Nissan/Infinti is not at the same point as Toyota/Lexus in terms of brand perception (imo).

All that said, that's a helluva deal for a very nice car.  If I was looking for a brand new luxury sedan, I would seriously consider that (go used) and a nice little sports car to match...

[tangj]

I've been looking at used luxury cars for the past year and the Infiniti Q45 is a great deal. They're well made cars at a bargain, it's essentially the same price of a BMW 325i but it's a lot more car.

Big luxury cars depreciate faster because the rich original owners don't care about how much they sell it for. And real rich guys wouldn't buy them used, so there's a small market for them. They're a great deal.

[mdxtasy]

Upper end luxury cars depreciate a heck of a lot.  I don't see it as surprising at all.  Most of these things (7 series, A8, LS430, Q45, S-class etc) are big losers for depreciation.  The Q suffers more than others because it has always been in the shadows of the more popular cars like the Lexus, BMW etc. 

[articsteve]

I've been looking at used luxury cars for the past year and the Infiniti Q45 is a great deal. They're well made cars at a bargain, it's essentially the same price of a BMW 325i but it's a lot more car.

Big luxury cars depreciate faster because the rich original owners don't care about how much they sell it for. And real rich guys wouldn't buy them used, so there's a small market for them. They're a great deal.

 In another year or so a 2003 G35 sedan will be a nice used car buy.

[traingirl]

We bought in the fall of 2003 with a 4 year lease. The buy-out on our current 2003 G35 is 30,600 so they've held there value quite well it's not often you can get out of a lease after the first two (high depreciation) years and still break even or make a $$.

[Bullet Blue]

I like the Q45. If I were at a different stage in my life, I would probably consider one. It would make a good used car buy as you don't take too much of a depreciation hit.

[mdxtasy]

I think most of these big luxo cruisers....being the flagship of the company is the showcase for their latest and greatest electronic gadgets....but age and bleeding edge electronics could be a concern, and may be a cause for the big depreciation. 

I don't think that rich people don't care about how much they sell for...remember....buy LOW sell HIGH...not vice versa.   

[gta_driver]

The current body Q is bullet proof. Older Q's had some issues with timng chain guides that needed replacement. I'm looking at a used version of the current generation Q to replace my old Q........I likely won't buy till spring '06.

[johngenx]

It was probably leased.  Just becase it wasn't an Infiniti dealer with the car means nothing.  One of our Mazda dealers has been doing a great biz in used Subarus because he buys them at auction from Subaru's finance arm.  The car belongs to the leasing company, not the dealer.

[articsteve]

We bought in the fall of 2003 with a 4 year lease. The buy-out on our current 2003 G35 is 30,600 so they've held there value quite well it's not often you can get out of a lease after the first two (high depreciation) years and still break even or make a $$.

Year: 2003
Make: INFINITI
Model: G35
Model Detail: SEDAN
Price: $30,997
Mileage: 58,000 km
Date: 10/3/2005
Ad Type: Private

PRIVATE
Comment: Black on black leather, 3.5L, V6, 5 spd., auto., with manual mode, sunroof, spoiler, Bose 6 CD sound system, premium pkg., one owner, non smoker, cert. & E-tested. Balance of factory warr. 58,000 km, $30,997.

In 2007 this car will be about 18K with under 100K if mint.

[traingirl]

One on a lot in my neck of the woods at $35,900 (mind you less kms).  Of course, this is someone's wish price no doubt.  OTOH there aren't that many of them around these here parts.  (jeez wish I could shake the hillbilly slang).  Same trim level tho - if it's got the spoiler it has the brushed aluminum interior trim and without the spoiler the fake wood burled crap.

Of course ours is mint mint mint and I'm an above average driver