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Infiniti Tanking?
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oztiks
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Infiniti Tanking?
«
on:
July 10, 2008, 04:32:12 PM »
Well, it appears Nissan has initially given up on being 'better' than the american dealers and their plentiful 0-2% financing. I just looked at Infiniti's "current offers" and was pretty shocked:
2008 G35 - 1.9% for 60 months
2008 G37 - 1.9% for 60 months
2008 M - 0.9% for 60 months (!)
2008 EX - 0% for 72 months (!!)
2008 QX - 0% for 72 months
Just last month they were staggered at something like 2.6 for 36 months, 3.2 for 48, and 4.X for 60 months...
The fact they are doing 0% on the QX for 72 is not a surprise, but the rest of the rates are honestly a bit of a shock.
Nothing for the FX.. yet.
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helldorado
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Re: Infiniti Tanking?
«
Reply #1 on:
July 10, 2008, 04:43:55 PM »
Sales suck. Need to move cars! Simple enough.
Too bad I'm not in the market for an EX right now.
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oztiks
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Re: Infiniti Tanking?
«
Reply #2 on:
July 10, 2008, 04:45:23 PM »
Quote from: helldorado on July 10, 2008, 04:43:55 PM
Sales suck. Need to move cars! Simple enough.
Too bad I'm not in the market for an EX right now.
Lexus is holding strong at 6.9%....
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helldorado
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Re: Infiniti Tanking?
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Reply #3 on:
July 10, 2008, 04:47:57 PM »
Do you see me running out the door to buy a Lexus?
Then again, even at 0%, I wouldn't.
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oztiks
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Re: Infiniti Tanking?
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Reply #4 on:
July 10, 2008, 04:54:45 PM »
No, because a lexus would tarnish your "bad boy" image.
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Mike_TX
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Re: Infiniti Tanking?
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Reply #5 on:
July 10, 2008, 05:00:30 PM »
I suppose these are only on purchases, and that lease money factors are unchanged?
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2011 Storm Front Grey/Graphite Infiniti M56
oztiks
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Re: Infiniti Tanking?
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Reply #6 on:
July 10, 2008, 05:04:37 PM »
Quote from: Mike_TX on July 10, 2008, 05:00:30 PM
I suppose these are only on purchases, and that lease money factors are unchanged?
I was wondering the same thing.. but who knows. They very quietly removed all lease figures from the pages (For now)
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Liquid Platinum M35
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Re: Infiniti Tanking?
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Reply #7 on:
July 10, 2008, 05:33:04 PM »
I don't think there's anything surprising about this... just like I won't be surprised if Lexus does the same thing next week
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09M35 (yes)
oztiks
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Re: Infiniti Tanking?
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Reply #8 on:
July 10, 2008, 05:36:06 PM »
How much you wanna bet they don't?
Lexus has an image they try to maintain. Infiniti is still a brand that's trying to define itself, IMHO.
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Re: Infiniti Tanking?
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Reply #9 on:
July 10, 2008, 05:41:42 PM »
I won't be surprised if they don't either... but if they did next week or next month, it would be meaningless to me. I suspect a big discount on both price and financing of the LX570 though... guess we'll see.
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helldorado
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Re: Infiniti Tanking?
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Reply #10 on:
July 10, 2008, 05:42:17 PM »
And if you check Nissan, its less popular models have aggressive financing too. They're just trying to move what's currently slow.
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oztiks
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Re: Infiniti Tanking?
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Reply #11 on:
July 10, 2008, 05:44:44 PM »
Quote from: 07G35S on July 10, 2008, 05:41:42 PM
I won't be surprised if they don't either... but if they did next week or next month, it would be meaningless to me. I suspect a big discount on both price and financing of the LX570 though... guess we'll see.
LX is one of their flagships; I dont think they'll do anything with it..
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oztiks
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Re: Infiniti Tanking?
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Reply #12 on:
July 10, 2008, 05:45:45 PM »
Quote from: helldorado on July 10, 2008, 05:42:17 PM
And if you check Nissan, its less popular models have aggressive financing too. They're just trying to move what's currently slow.
Nissan has been doing 0% on cars for years now, Infiniti has not. I was merely noting the fact that Infiniti is now doing it.. not really a good thing to anyone praying to retain any value in their current car.
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helldorado
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Re: Infiniti Tanking?
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Reply #13 on:
July 11, 2008, 05:12:33 PM »
Just looked at my dealer's inventory
3 - 2009 models, all FX35 AWD Base models.
170 - 2008 models consisting of
64 - EX35
16 - FX35
23 - G35
22 - G35x
13 - G37
1 - M35
18 - M35x
4 - M45
9 - QX56
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Re: Infiniti Tanking?
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Reply #14 on:
July 11, 2008, 05:14:17 PM »
Quote from: oztiks on July 10, 2008, 05:45:45 PM
Nissan has been doing 0% on cars for years now, Infiniti has not. I was merely noting the fact that Infiniti is now doing it.. not really a good thing to anyone praying to retain any value in their current car.
anyone expecting to retain value in a vehicle is a fool... cars are the most depreciable items you'll ever own.
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09M35 (yes)
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