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Prices Paid: Buying & Leasing Experiences Infiniti G35 G37 Prices Paid and Buying Experience
6596 messages, Last post on Oct 10, 2008 at 6:51 PM
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After getting lots of info. from reading this forum over and over I felt I would share the price I paid for my new liquid plat. g35X. I offered via email a price of $36245 to 4 dealerships in Md. and Va. JBA Infiniti in Ellicott City,MD. called me with a counter-offer of $36,000 if I bought the car by the end of the month(August). Needless to say, I took a half day off work and drove down(they were 2 hours away)Aug. 31st to buy the car. I got an '07 with prem.,nav.,splash guards,xm radio,cargo net. So far I am very happy with this car. Still learning all the bells and whistles. The power is nice to feel but I am sure it is coming at a price(at the pump)! If any '07s are left on lots by end of Sept. you should be able to get some great deals. |
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I have a dealer in my area selling a pre-owned 2007 G35X w/5700 miles. I believe it has the premium package(Nav & BT). Dealer is asking $34,900. is this a good price(based on what a brand new left over one can be neg.for? What would be a good starting offer?. Its hard to determine using the TMV since it does not break down by pack group, Thanks
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Replying to: frank8040 (Sep 05, 2007 1:08 pm) |
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Replying to: frank8040 (Sep 05, 2007 1:08 pm) |
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Hey guys! I am new to the leasing thing, and I had a few questions: -can anyone give me the current (i.e. sept 2007) residual factor and money factor for the 2007 G35x? I am looking at 24 or 36 months, 12 to 15K miles with little money down. -Does anyone have some suggestions for negociated price on a 07 G35x with Premium Pckge and Navigation (XM sat) [Edmunds MSRP: $39,215 and invoice: $35,858)? If you could give me some examples, that would be great!! Can this car be negociated below invoice? |
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I am disappointed that it does not appear that I can keep a monthly lease payment below $500 (w/out putting money down) on the Infiniti I want to lease. Below are the details: 2007 G35X w/ Sirius, Splash Guards, & Premium Package (and of course destination charge). MSRP $37,255 Invoice $34,157 Sale Price = $34,657 39 mo lease (or woud do 48 mos if it was a better deal), 15K Miles per year, no cap reduction MF = 0.00193 (0.00252 on 48 mos) Redidual = 55% (46% on 48 mos) $0 Disposition Fee $0 Security Deposit $595 Acquisition Fee (paid up front) $93.50 in tags (paid up front) My monthly payment in pa (%9 sales on leases) comes to $511.96 (39 mos) or $540.11 (48 mos) Disappointing. Am I missing something? I really thought I could lease this vehicle for under $500.
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Here is the G37 information, the other was G35. I don't know how much of the below info you need. Car is Blk G37 6MT with premium package and spoiler. Can I do better? Turning in 2006 G35 coming off year lease. Cap Cost Reduction: $3,320.06 Documentation Fee: $45.00 Sales Tax  8.250% $273.90 1st Month Payment: $525.28 License Fees: $327.00 Government Fees: $8.75 TOTAL DRIVE OFF: $4,499.99 CASH DUE ON DELIVERY: $4,499.99 Value of Vehicle + AMO's: $40,375.00 Gross Cap Cost: $40,970.00 Cap Cost Reduction: $3,320.06 Adj. Cap Cost: $37,649.94 Residual: $25,032.50 Depreciation: $12,617.44 Rent: $4,851.72 TOTAL OF BASE PAYMENTS: $17,469.16 # of Pmts: 36 Base Pmt: $485.25 Monthly Tax 8.250% $40.03 TOTAL PAYMENT: $525.28 |
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Replying to: ivanl3 (Sep 05, 2007 9:08 pm) Not sure if it's avail in PA though, you have to ask the dealer. The security deposit is refundable at the end of the lease, so if you have the money avail, or have access to a low interest credit line, it might be something to consider. For example...I put down 9 addl. deposits ($5400) on my current lease. I used a home equity line to get the cash which is fixed at like 7% interest. The MF reduction dropped my monthly payment by over $60/month. I pay only the interest on that loan amount which is under $30. So basically I'm netting a $30 reduction in my payment. At the end of the lease I'll get the money back and pay off the loan. PLUS...the interest that I'm paying is actually a tax write off. So, I didn't have to tap into any cash savings, and used someone else's money to get a tax write off and a reduction in my lease payment  Something to consider.
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Replying to: sprinkler13 (Sep 06, 2007 11:52 am)
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My first post, after lurking in this thread for weeks, and sharing the wealth since it helped me tremendously. Just purchased a 2007 G35x, base model (moonroof only) + mudguards, cargo net in blue slate from Competition Suffolk Cty, NY dealership for 32,600 out of the door (tags, tax extra). I contacted several dealers in PA, NJ and NY, and only happened to stop by at the above dealership because it was close to my place of work. Other dealers would not even match the initial quote of 33,100, and with me countering with 32,000 (thanks to ConsumerReports bottomline and this forum) we agreed at midpoint 32,600. I am financing through the dealreship, although could have shaved .15 of a point through e-loan. Love the car - everything: the appearance, the driving exp -best car I ever owned by a mile City mileage estimator shows under 10 mpg though |
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