The price of my Nissan GTR is Insane!
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- čas přidán 8. 09. 2024
- Here's my 2013 Nissan GTR purchase video that I promised you guys. I've broken down the associated fees and taxes when I purchased my GTR. I hope this gives potential buyers or those whom are curious and idea on how hefty (or light) these payments can be. May all your goals be met. Let me know if you have any questions in the comments section below.
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One day surely I'll have a Nissan GTR
Do u have your gtr
Paid $80k for my 2012 Nissan GT-R in 2014. The value of my car has gone up and was offered $85k in 2022. Will I sell? Hell no I love the car!!
I went to public school and didn't learn this kind of math!
@Shinidoshi I think what you meant to say was, public school taught kids how to work as a slave the whole life, albeit one who can do some basic math.
This video is 100% misleading. Yes, a $28,141.12 loan @ 4.698% amortized over 3 years would only be $2,084.48 in interest, but you're not factoring in all of the interest that you've already paid up until the point that you refinanced. So you'd be paying $2,084.48 PLUS all of the interest from when you paid your loan balance down from $76,978.96 down to $28,141.12.
In your example, you're saying after 2 years you'd refinance the loan. Well in those first 2 years you would have already paid $6,400 in interest, which you don't mention. Then you go on to say you can refinance again 2 years after that, well in those next two years you would've paid another $3,800 in interest. By the time you're coming around to your third refinance you've already paid $10,000 in interest.
This "trick" doesn't work. Refinancing over and over again into the same interest rate makes ZERO sense for anyone to do. You're not refinancing if you're keeping the same rate at every single point in the process, you're simply "recasting" and re-amortizing your exact same loan at a different term length, which saves you NO money. You should only refinance if you're lowering the interest rate OR you're having trouble maintaining the payment amount and need to lower your payment.
Re-do your graphic and include how much interest you would have already paid up until every point that you "refinance" and your total interest figure will come out to the same as you would have had before assuming you're making the minimum payments at each refi term.
This was my first thought. I am deeply disappointed in him for not knowing basic finance.
Would making higher than scheduled monthly payments, help save in interest?
@@Eddy-09 yes, assuming the loan is paid off earlier than the original contract term
I think the idea is to refinance at a lower interest rate after you’ve paid down some principal. Interest rates were substantially higher in 2014, than they were in say 2017. Plus, if you pay ahead or lump-sum along the way, that negates a lot of interest. That’s how I took it anyway.
Refinancing won't save you but increase your total amount in the end. Refi can probably bring down your monthly payment but extend your length of payment. No secret there.
I'll add to this... I picked up my 2017 orange GTR 2 weeks ago for $84,500. Paid another $1,240 to have it shipped in an enclosed trailer. Paid another $7,300 in taxes. Another $1200 for insurance for 6 months. First thing when it showed up I did: oil change / differential flush ~$200 in oil to do it myself. Also needed to replace the brake pads with a set of Posi Quiet pads ($150 self installed) because the stock brakes have such high metal content and are so noisy!!
Not cheap to initially get a GTR but now I don't foresee any further costs for long time.
How the fk u get insured for $1200 for 6 month on a GTR? They wanted that for a used 2005 lotus elise when I was car shopping and more for a evora.
@@sv2697 0 point violations on my record 😀
@@svenstraessle6127 I got a clean driving record too, no speeding or traffic's violation. I know zip code plays a role but there is some other factor involved becuase I lived in a 95% white neighborhood with low crime. College educated, stable job, etc. Check all the boxes for cheap insurance but it was not cheap. $900 for 6 month for a s2k or $800 for FRS. insurance company can go fk themselves becuase there is something that driving the rate up for me.
You must be 25 or younger to be paying that much for insurance.
@@S13KON add 10 yrs+ to that age.
My current plan on getting this car, is buying a wrecked one and fixing it myself. Along with building it at the same time.
this the kind of push I need to hopefully get an evo 8/ evo 9 this year. just as long as insurance rates are better as I'll be 25.
I have dreamed of owning an evo 8 since I was 7 years old.
I believe in your success
This car is a 2013 and still looks fresh today! Well done Nissan!
Go after whatever you want in life. Whatever inspires you to achieve a goal or dream ..just get started.
Holy crap that's some shrewd negotiation skills! Great price!
I wish we knew a "realistic" credit score to be able to finance one with "X" money down, so people that are dreaming, or working to get this car one day, can set a goal to get it one day.
My truck was 90k and I had to have 750 credit score
@@konglor9180 that’s actually pretty reasonable credit score Someone can build up to.
You can finance just about anything with A 680 FICO credit score. You just have to put a plan together on paper somewhere in your home where you can see it everyday. Its not the amount of $$ its the plan that makes the difference!!
That doesn't make sense. If you refinance after 5 years, you already paid bulk of the interest. Why would I refinance again at that time?
After 5 years, no, there's no point to refinance, but after 2 years, yes you should.
It’s awesome to see you still have it. Looking forward for more videos of it. Never gets old. That car is a dream car for sure. This specific information is gold. Thanks a lot. Special occasion shirt looks great, God bless you. Love the way you joke with the owner manual hahaha
I the real secret is pay %150 of your payment every month... you buy your way down from %4.68 down to maybe %3 without refinancing
Good for you kid!! You only live once enjoy
Definitely appreciate the transparency. Cool stuff man.
This was an amazing video ! Thank you so much for being so open with your information, it was so helpful ! Congratulations 🎉 and enjoy your beauty !!
Thanks for this video. It really helped in my pre-purchase research along with your other videos.
Okay I hit "like" and "sub" solely on your honesty. Great vid. Some many people out there watching CZcams and wanting a "super car" but have no idea exactly how much it cost. Good call on NOT cashing the car out! For my selfish sake I can only hope you're a DAD with kids in collage and still was able to get your dream car eventually. 😃
Dude, be honest... Your CZcams side hustle will help pay it off sooner.
Yes,CZcams pays $500 per 40 views
Thank you for this video. It’s been a dream of mine since I watched the fast and furious movies.
Simple explanation but comprehensive enough to make a difference, awesome tip!
One day I will own a GTR.
Thanks for the info! Never thought that refinances would save money. 👍
Wow u got a pretty good deal. If i had the money i would definitely buy a gtr at these prices.
Pretty cool to share your advice about the GT-R on a financial level. This vehicle isn't cheap... Maybe earlier models are slightly cheaper but 09 thru 11 had major mechanical issues but schooling others was quite informative 👍 👌
Fake news, earlier models are just fine. I’ve had one since 2014. Yes the 2009 model with launch control software version 1 had issues when you did launching on it as it was pretty harsh launch at 4,500 rpms, but they fixed that in 2010 with LC2.
Bro you explained exactly how i feel about buying mine. I'm going Monday to pick up my 2016 Regal Red GTR!!
Wow job well done of putting the price down 🙌 my dream car is the Toyota supra and now extra motivated from watching this video.
This channel helped me a lot -> I never cared about GT-R's but one day I drove one. I felt in love, and I test drove 2009! Option would be to get one this year or wait another year and get 2013+ Work hard, dream hard, get the car you want. life's too short! cheeers!
I got GT-R yesterday,- I still can't believe it- I must be dreaming....
Thanks for the info 😊. God bless you 😉
Thank you for being transparent, very realistic approach! Life is short, enjoy what you can out of it! I'm more shocked of the discount you got out of it. Are they still giving that big of a negotiation/discount off new ones?
Times are different now. The discounts were around the 2014-2015 timeframe.
that price is considered a steal.
a brand new 2020 GTR in Singapore will cost you 588K Singapore dollars excluding the Certificate of Entitlement which will vary from 30K to 50K and that means the car will cost over 600K easily which is the price of a house with a big yard in the US
Dang 😥
This is my life right now... I've been searching for a DBA for less than $70ishK and a good loan... It's possible, i think lol... just waiting for a good enough deal and a car in good enough condition... These videos have helped a lot. Thank you!
Great video, had no idea about refinancing. Nice negotiation on the price.
Awesome deal!!!! When we die only thing we take are the experiences not the money. Enjoy!
As soon as you put on that GTR shirt I hit the like button 👍🏼
Kudos to you for this vital info. I’m in the market hot right now for a 2017 or newer. Looking to get out of my FK8.
Thanks I appreciate this video! Can’t imagine the maintenance too!
i di not even watch 7 seconds of your content and I already subscribed Nice video bro
Great advice! I'm in the market for a GTR, and your videos are GReaT!!
Thanks!
I watched your vids and knowledged myself THEN bought a Nissan GTR. You are so valuable for the car enthusiasts world, Gary🙋🏻♂️ Thank you
Great to hear! Hope you're enjoying your GTR ownership!
@@GTContent Absolutely!
Im gonna buy a Nissan gtr in the near future
Great video Gary!! I did something similar when I bought mine! Like you I had to do a lot of research.
Honestly the price isn't too bad. I was expecting the total price to be over $125,000
Pre-covid the price of a 2016-2017 was just a little more than this was.
If you can afford it, buy it!! If you can't afford it, buy it used lol 😆
Didn’t know about that refinance trick! Will have to try this. Was considering a GTR vs F-Type R, ended up with the F-Type. Keep it up!
Jaguar? It's ok.
@@TheSushiandme It’s a pretty darn fun ok this first month of ownership IMO lol
I don’t blame you for jumping on that deal if any of us had that chance I’d do the same thing. All about the timing and jumping on it.
I'd like to see an update video on why you got and are sticking with the GTR
That's a good one.
I’m thinking of making the leap to a GTR. Most people complain about the price I’m one of them, I been looking into a c8( only because it’s 60k) zl1 same reason(hate how it looks like a matchbox) c7 z06 because it manual option (Sucks no back seats like c8) and well has 650 hp on paper....Also I don’t like American cars feel like they are too prone to issues and low quality to me. Gtr well because it’s a monster in every way let’s be honest, it has turbos its fast AWD and well a GTR! for me that alone will make me happy how good it will sound with BOV sucks it’s not manual but I never had a dct, let’s see if I get bored..I like the fact that it can do what all the cars on my list can do and maybe better only down side no MANUEL🤡 oh and it’s $1100+ a month but I kno I can do it I just need to go to the dealership and pull the trigger...I just want more then 310Hp that my subie(affordable dream car) has I don’t drag race and in my area I kno I’ll have the fastest thing on the road 90%of the time that alone makes me happy. Not to mention the turbos and flex fuel, exhaust and tune it will get, yup I’m a RICER.
I brought my 370Z the same time you brought your GTR. I got it it 2014 and its a 2013. I also go mines refinanced it left the dealership at 3.5% APR, I got it financed the next day through my bank for 1.39%. I gave the dealership the check and their jaws dropped, they were like! We could of negotiated for a better interest rate. And then they saw what my interest rate was. Needless to say they couldn't go that low.
I actually did it lol!!!! I will buy one this Summer 2021
I highly recommend getting one!
I bought my GT-R a month ago. So far I love it!
How much you have paid
I am stuck between this and shelby can't decide which one should I go with
@@cant8160 Short Answer: $70k. Long Answer: The used car market is as high as it have ever been. I got an incredible deal, mostly because the seller was in a tight spot and I was a ridiculously shrewd negotiator. The car had $40k in upgrades with carbon fiber parts every where and a flex fuel tune cranking out 750hp. And luck played a huge role....so while $70k might seem like a lot, it was a steal. I could easily sell it for $85k today, but I won't, because I like the car too much!!!
@@cant8160Get the GT-R. The 4 wheel drive and ease of upgrades make this a much better experience than the Shelby.
I'm glad you realized that your life wasn't complete without a GTR and purchased one again. Should have gotten a 15 or 16 though.
Finally another person who agrees that paying cash is not optimal lol. Definitely would want to refinance with those loan terms tho
I have my sights on one of these but the extra 200 hp on the Mustang GT 500 is deterring. The R35 is a nicer looking vehicle especially in white. The way the red taillights pop on the white is damn nice.
After selling my AMC I.m golden!! Dream car!!
I just bought a 2016 Nissan GT-R!!
How many miles. And how much you paid
@@StreetDrivenDaily 32,000 miles and I paid 69K
@@brackendouglas3433 I'm thinking to wait another year and get 2017. But I can't wait any longer so 2013 may happen.
How much did you put down? I’m about to buy a 2017
@@AVENTUS7777 $15k
In my country used 2015 gtr with 40k kilomiters cost 140k euros which is like 155k dollars😥😭
I need to move to america...
Refinance is key! Do it as soon as possible without penalty.
I went in the dealership put 0 down for a 2017 GTR.. I got kicked out the dealer.... I will try again in a month.
hhahaha :)
Great video! I’m actually shopping for a gtr and this video helps! How did you get the dealer to come down on the sale price? Did you buy it during a certain month where they maybe had employee pricing or specials?
Yes, 2014-2015 was a different time. Nissan dealerships were giving deep discounts.
I own one...great info👍
Me too:)
Awesome deal!
You should drive down here in socal on Saturday for one of our big cruise of the year
Simple drive it on Saturday and Sunday only get a daily driver car you will save money and kilometres
What do you do for a living?
These things are expensive, but so worth it, I pay $599 for mine, and $106 for insurance with statefarm, I also have a 72 month but with a 2.49% I put down 30k on a 70k car after tax and fees
Definitely the person i need to talk to about buying a gtr
Hit me up in Facebook if you have any questions.
I'm literally about to pay MSRP for a 2014 GT-R .... Inflation yo T.T
Is about 60K more than the price in the Caribbean.
Wow, you got ripped a new one. I paid €78,900 for my 2019 Black Edition with 16k kms on it. So at the time right around $83,000. I'm in Germany.
If you can afford it, go for it. If you want it but cant afford it, either go for a second hand, or a cheaper brothers or cousins, 370z & subies
Godzilla, one of the best vehicle's with a powerful 3.8L twin-turbocharged VR38DETT V6. These engines are hand built by only four specially trained mechanics called "Takumi Craftsmens" on a special line at Nissan Yokohama plant, their names are badged on ever GT-R engine. The cars are built at their Tochigi plant on a shared production line.
Hi Gary, sounds like you need to get a microphone for the garage videos. The volume was a bit low.
Yeah, I was concerned about the garage and echo. I've also noticed that phone's speaker/microphone can sound differently also. Thanks for the heads up.
I paid 123k after taxes and fees, paid cash 2020GTR you got a great deal pack then
Paid cash? Mind I I ask what you do for a living?
He’s a stripper in Vegas.
you have to tell us how did you get 20k off. That's the real trick
You get a quote from nissan ($105,000) haggle and act like you're super interested say its too much. Then they will ask you whats your price say something stupid like (80,000) then theyll say no walk away. They will call you cause they want the sale. Dealer will call you with a price 90,000
Then they'll will say 90,000.... then you take that info to another dealer and tell them hey I'm looking into a gtr, the best price dealer A can do is $88,800... then dealer B will say i can match that possible knock dowm another $3-5000 how does that sound. By then that sounds really really good lol worked on my truck 55,000 got it for 42,000, worked on my porsche 70,000 and got it for 56,000
Love the special occasion shirt!!! Any shirts with Supra? :)
I do have my Superman shirt for that. Lol
If you got the money, spend it and enjoy.
Great discount from Msrp.
Interest rate is nothing special.
Refinance is only good if it will get you a lower rate.
Launch control!!!
YOU PAID 2000 INTEREST IN THE 1ST 3 MONTHS SILLY MAN
Great info Gary, How much is the monthly insurance on a Gtr for some one like your age (around 30 yrs old 😉) and good driving record.
Since you asked nicely 👌 Around $350/6-months.
Greatly appreciate the breakdown! How much is the insurance?
wow, lucky guy, the real car, will always be an R35 GTR, I would if good guy, believe me
I believe you, now convince my wife I need a GT-R!
Tell her it's a dream car you've always wanted or a bucket list item 😉
4% interest is high. I would rather pay cash and no never refinance first of all don’t finance at all. I know people don’t have $30k laying around to drop on a car but you can simply get an 09-12 GTR for $45k-60k. It’s better to wait and pay for it cash
What about a leasing a car then refinancing at the end of the lease term? Are there any benefits to that?
Got mine used. But low interest loan made my note 876. Not bad and yes agree... in two years since it won't depreciate ill refi for 5 more years to lower note
Thank you! Love my R35!
I love your GTR 😍
im sorry bro this video made me laugh lol i had to sub
I’m so close to getting one. It’s just a matter of, if the dealership can ship it to Cali.
did you end of getting it
you definitely forgot the Insurance
Great video. Can you tell me where you got your car cover? I can’t find one for the GT-R
After how many months/years did you refinance? When do you think is the best time to refinance?
Buy a beat to shit 09 like I did and build the engine and trans to 1k whp for 70k total.
YOLO so why not if can afford it lol. Personally I would never get a loan like that.
Still cheaper then an R-34 which is what I would have gone for so there's that still.
Yes, I would like and R34 one day also, bit it's unreasonable at this point.
Same here! I'm still happy with my used R35.
What's also stupid is, people also talk about a 30 year mortgage loan and a 15 year mortgage loan. Not everyone one can pay a 15 year mortgage loan because the monthly payment would be almost double a 30 year loan. I've recently bought a house at $1700/month and if I were to get a 15 year loan for my house, I would be looking at $2800/month or so. Why would I want to pay $2800/ for a mortgage loan? Same exact thing for a car that you want.
@Home Phomm It does, and it depends on how much the house cost. My house is $390k, I downed $25k and still paid a little over $1700/month on a 30 year loan. If I were to cut that in half to 15 years, I would be paying $2500+/month. It could be $3000/month, and I don't want a mortgage that's $3000/month.
After 6 month of waiting, my gtr is going to be here in couple weeks. I won’t get the good pricing you got tho, at this time of chip shortage, best I got is paying msrp.
Congrats on your purchase!
More GTR vlogs please!