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Prices Paid: Buying & Leasing Experiences Infiniti G35 G37 Prices Paid and Buying Experience
6594 messages, Last post on Oct 10, 2008 at 11:07 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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OK, I'm a 36 year old frugal person who wanted something different. I walked into Palm Springs (CA) Infiniti last Saturday and today after much trepidation, my 2007 G35 Journey (fully loaded Nav, Prem, Tech, tinting, black obsidian...) showed up! That's right -- they drove it 45 miles to MY house to bring it to ME b/c I couldn't get back out there (not trading in my current car). yeah, yeah, it's the end of the month crunch, but I have nothing but great things to say about the quality of service from Jay Tulli, my sales consultant. He brought the papers and stayed for over an hour showing me how to use the features of my new car, set up the bluetooth for my cell phone, and was patient and helpful. i've never had this experience with a car sale. I think it's more than just getting into the luxury market...he really knew this car and treated me as the buyer, and didn't focus on my boyfriend who usually got the attention as we were out shopping at other dealerships (uh, hem, VW San Bernardino...) even though we told them it's my money; my car. I haven't even taken it for a spin yet -- I'm scared of this car! LOL  My boyfriend is thankful. i have no excuse backing up over and breaking the sprinklers again in the silly grass strips we have in our driveway -- the rear-camera is sweet! |
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I'm picking up my new Blue Slate G35X today. The options I got are Premium Package, Wood Trim, Splash Guards, Trunk Cargo Net, and wheel locks ($79). The Cap Cost for the car is $34500, which I believe is $98 over invoice. I put $1500 down as a cap cost reduction, I am paying the taxes up front, 12K/yr for 36 months, so my monthly payment is $428.71. I went to Pepe Infiniti in White Plains, NY. My current car, 2004 G35X, was leased from Millenium Infiniti in Manhasset, NY. I tried leasing my new car from them as well but the salesman and sales manager were just horrible to work with while the salesman at Pepe was upfront and honest with me from the very start.
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Replying to: yogiowner (Aug 30, 2007 12:55 pm) Scenario where one does want to drive a new car every 2/3 years, leasing every 2/3 years or buying every 2/3 years? |
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If anyone has any new info on leasing a 2007 G35X in September, please provide. Looking for things like the following : 1.) Any new incentives 2.) New redidual % (15K miles/yr) 3.) Money Factor 4.) Acquisition fee 5.) Disposition Fee 6.) Mileage overage penalty (per mile) 7.) Security Deposit I am looking for numbers for both 39 and 48 months. Thanks in advance.
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Replying to: yogiowner (Aug 30, 2007 12:55 pm) An interest rate is an interest rate.. You can pay a higher rate than you deserve whether you buy or lease.. If you educate yourself on the money factor, then you'll understand how the interest rate on a lease works. Lastly, run away as fast as you can from anyone that tells you to put 30% down on a car. That is the worst financial advise I have seen on this board. Let me give you an example why... If you're purchasing a $35,000 Infiniti, 30% down would be $10,500.. Where would you rather lock up $10,500, a car that will consistently lose value every month, or in some sort of investment that SHOULD consistently show you growth on your money. Please don't listen to anyone that tells you to invest large sums of money in something that loses value. Buying does provide you a little more flexibility, but not much... You can sell a leased car just as easily as a car you are purchasing.. In both cases, you will have to sell it for what is owed on the lease... In my personal opinion, every person should lease their car. On the g35X, if you leased the car, your payment should be roughly $170 less per month. Take that difference and invest it.. If you can't do that, you're shopping for a car you can't afford anyways. Advise other than that leads me to believe the person giving the advise doesn't understand finances.
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Replying to: superman2424 (Sep 01, 2007 9:17 am) I agree with your statement... "Sorry, but telling people that leasing is more expensive in the long and short run is simply wrong!" However, your statement... "In my personal opinion, every person should lease their car." is exactly that "YOUR OPINION". A valid lease v. buy analysis involves examining the incremental costs as well as both the oppotunity cost of money and the opportunity cost of investment. If the future value (as determined by the consumer) of the incremental costs (as determined by the cash flows of lease v. buy) of leasing exceeds the net terminal value of the vehicle after the holding period, then the financials say that it's best to lease. One can either do a net present value analysis or a net future value analysis. Either way, the answers will be consistent. There are also several capital budgeting techniques that one could use to do the analysis as well. Whether leasing or buying is best depends on many things including opportunities for investment and the value that consumers place on the incremental cash flows. Plus a host of a whole lot of others things. Whether one should lease or buy will depend, in large measure, on one's financial position and investment opportunities as well as one's personal preferences. And so, it's best to refrain from making blanket statements. John Medina, Ohio
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Hi guys, I'm in the market to buy a 35x with navi. Went to the dealer today, and although i didn't get the final numbers, but it seems like we were going towards only $37,000. the guy wouldn't budge more! tell me if it sounds like a good deal, if not please tell me how low i should try to get it down to. i will be financing the car, with a small down payment. thanks guys!
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Replying to: gohmdoongee (Sep 01, 2007 8:12 pm) The leases are perfect if you get a business write-off, and want to always have a car under 3 years old. However, from a general financial standpoint, they are NOT a wise financial decision. A wise decision would be to buy a reliable car and drive it for 7+ years, which is completely feasible without spending a lot on repairs. Even more frugal, would be to only buy year old models so you don't take as much of a hit on depeciation. That said, people enjoy driving new cars, and like to change it up. So, if a lease is how they are able to afford the latest and greatest with a lot less hassle when it comes to change cars again, more power to them. Everyone has different values, I put my excess money into my house with a home theater, bar and gameroom. Many people would see that as extremely foolish, but it's what I love. To each their own. |
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Replying to: ivanl3 (Sep 01, 2007 8:07 am) |
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Hi guys, I just recently bought a G35X. I'm waiting to pick it up this saturday. I just can't WAIT! Wanted to see how my deal was compared to others... I got premium, navigation package, splash guards, trunk net, wheel locks. including destination and such, the price that i got was $36000. I believe the MSRP on it was $39300 or something along those lines. Tell me what you guys think! Now i just need to find a cheap bank. any recommendations? I have really good credit and so does my fiance so credit isn't an issue. just a good bank that'll give us the lowest rates possible. |
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