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Infiniti G35 G37 Prices Paid and Buying Experience

6169 messages,  Last post on Jul 04, 2008 at 11:00 AM

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What is this discussion about? Infiniti G35, Infiniti G37, Coupe, Sedan


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#5487 of 6169
Re: Money Factor [jgrace5] by dwynne
Feb 13, 2008 (9:14 am)
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Replying to: jgrace5 (Feb 12, 2008 8:32 pm)

I ran into this as well. My local dealer marks up the MF and charges $500 or so for the "doc" fee. They also add > $1k in crap-o-la to each car (clear bra, wheel locks, wind deflector, nitrogen fill, etc). So if you walk in with a VPP claim code they expect you to pay VPP + fee + all the dealer add on stuff + a marked up MF. You would be a lot better off to NOT use VPP and buy from a dealer than does not mark up, have a large fee, and/or add extras to the car. I even called the VPP folks and they said you have to pay the doc fee they normally charge, couldn't help on the on the MF mark up, and you would have to negotiate the price of the dealer add ons for yourself.
 
What I would do is shop for the dealer. Contact them in a wide radius from where you live and ask if they mark up the IFS money factor on leases and do they have a doc or prep fee and what it is. Also ask about what they have added to the car, if anything. Once you have the best dealers pin-pointed, then see if they have a car you want and present your VPP claim code. It is VOLUNTARY for them to honor it on the car you want or not. But if you start with dealers with no add ons, no markup, and no dealer fee, you should end up with a much better net deal than working with your current dealer. Even if they refuse your VPP, if you leased at say $500-600 over invoice with no extras you would have a nicer deal. Keep in mind that the dealer that accepts your VPP gets what you pay PLUS a 2.5% of invoice (not counting destination fee) back from Infiniti as a delivery fee. So your VPP may be $300 over invoice, but the dealer is getting say $850 (loaded sedan) to $950 (loaded coupe) back. So the VPP deal would net them MORE profit that leasing at $1k over invoice or less.
 
Harper, over in Knoxville, leased me my G37 at VPP with $0 doc fee and at the lease buy rate. Well worth the trip, for me, to save the money compared to other dealers.
 
Dennis
#5488 of 6169
Re: Money Factor [dwynne] by jgrace5
Feb 13, 2008 (10:26 am)
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Replying to: dwynne (Feb 13, 2008 9:14 am)

That sounds like it would be a better starting point. I have been trying to get the price first with VPP claim code then asking for a breakdown of the lease.
 
I was also wondering are the doc and prep fees usually included in the dealer fees. The quotes i have been getting have dealer fees ranging anywhere from 400-600. Based on what I have read in the forums these seem high. Although, I have received these numbers after the already know I am a VPP customer. All have said they can't waive this fees can't be waived...
 
Should I be happy if I am at invoice or under even if the fees are high?
#5489 of 6169
Re: Money Factor [jgrace5] by dwynne
Feb 13, 2008 (11:10 am)
Reply

Replying to: jgrace5 (Feb 13, 2008 10:26 am)

You can figure the VPP price for yourself, it is not complex but I made a simple spreadsheet to use to figure it.
 
Item Enter Model info here (B1)
MSRP $Enter amount here (B2)
Invoice $Enter amount here (B3)
Less Dest =B3-715
Less Discount=B4 * (1 - 0.0165)
W/Delivery Fee =B5*1.025
Plus Dest =B6+715
 
The text on the left goes in cells A1-A7, the info/amounts/formulas on the right in bold go in cells B1-B7. The you drop in the invoice in cell B3 (B2 and B1 are just for reference) it will calculate the plan C and plan D VPP price.
 
You can take the MSRP and equipment list from a car's window sticker on the dealer's online inventory and find invoice here at Edmunds, KBB, or carsdirect.com. No need to ask the dealer what the VPP price is.
 
Most dealers have a set "doc" or "prep" fee (maybe both?) and by law or by rule they charge the same to every customer, including VPP customers.
 
So use the dealer locator at the Infiniti page and start contacting dealers (preferably by Internet) and simply ask them
  
"What are your dealer doc and/or prep fees?".
 
 You can also ask them
 
"Any other fees added to the price by the dealership that are not actual tax, title, and tag fees?".
 
I would also ask
 
"Do you mark up IFS lease money factors, and if so, by how much?".
 
You could also ask
 
"Do your cars come with any dealer added accessories or are they as delivered from Infiniti?".
 
Keep searching dealers in an ever widening circle until you find some that have no markup and little or no added fees and add on stuff. You can then see if these dealers have the car you want - model, options, and colors. If they do then ask your Internet sales reps
 
"How much over invoice for this car (insert stock number from online inventory here)?".
 
If the prices come back at $300 or less, then you will not need your VPP claim code. If they comes back more than $300 over, then you can either make them a counter offer or ask them
 
"Do you honor VPP pricing on that car?".
 
If they say yes, you should be done. You could find you would have to travel way too far to get out of all the add ons, if that is the case then just take the dealer(s) that offer the least amount of added on stuff. If your best dealing dealer does not have the exact car, but there are other dealers in their area, they can probably swap cars for free of a small fee (to you) to get the right car so you avoid paying the extras. Heck, if you find a dealer with no fees and add ons, you could probably pay them to haul you the right car from a distant dealer and still come out cheaper. You could also have them order you want you want and do the VPP deal when it comes in.
 
Dennis
#5490 of 6169
Re: Money Factor [dwynne] by waltaz
Feb 13, 2008 (11:39 am)
Reply

Replying to: dwynne (Feb 13, 2008 11:10 am)

Great post! Thanks, Dennis!
#5491 of 6169
Re: g35 buying? [wmaung] by vik_kid
Feb 13, 2008 (12:59 pm)
Reply

Replying to: wmaung (Feb 12, 2008 7:56 pm)

Did you get just the prem + Nav, or do you have other "options" you havnt mentioned...like the splash guards, cargo net for egs... the reason I ask is that I was given a quote with a markup of $170 over the invoice price(acc to edmunds). Just Prm + Nav should invoice just $35422, so if you were quoted $35900, then you prolly have another couple hundred bucks to go.
Now on a totally different side, I am also thinking about the cadillac CTS. Cadillac has a few offers going on and I believe I should get the options that I want for a fairly similar price.... I am not sure how the cadi runs compared to the infi, but I sure would like to give it a shot.
#5492 of 6169
Re: Rate my deal... [dwynne] by wmaung
Feb 13, 2008 (4:30 pm)
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Replying to: dwynne (Feb 13, 2008 9:04 am)

Thanks Dennis..
#5493 of 6169
Re: g35 buying? [vik_kid] by wmaung
Feb 13, 2008 (4:47 pm)
Reply

Replying to: vik_kid (Feb 13, 2008 12:59 pm)

Hi Vik_Kid,
It's was just Prem+ Nav pkgs total 35900. Late I called him and asking which accessories will be included. He told me cargo net and splash guards will be with the price but not included wood trim. I like pearl with black interior brushed aluminum is not in his inventory. I don't know it's good deal or not but I will go Sat and see. They are really aggressive and push to customers to get right away. someone mentioned that Ray Catena didn't make great deal. My rep asking me to put deposit make sure buy now or later.... any advise?.. I don't think will interested in CTS. it's look nice, but in long run, I better choose Jap cars... I also think about Benz C300, after research and talked with my other friends, they recommend infiniti or Luxes.
Regards
#5494 of 6169
Re: Rate my deal... [ymmv] by kman1311
Feb 13, 2008 (4:53 pm)
Reply

Replying to: ymmv (Feb 12, 2008 8:04 am)

Waltaz and ymmv,
Let us know how your Az G deals go. I am also in the initial stages with Pinnacle and Superstition Springs Infiniti on a journey with the sport and premium package. So far I have not seen much movement in price with either one.
 
How long will it take for the car that you ordered to arrive? I am not finding many Journey's with sport and premium. They all seem to have the navigation package as well.
#5495 of 6169
Re: Rate my deal... [waltaz] by straightdope
Feb 13, 2008 (6:32 pm)
Reply

Replying to: waltaz (Feb 10, 2008 5:46 pm)

G35 Journey w/ Premium Package
Per Consumer Reports:
Actual Dealer Cost=$31,450 NOT $32,579
(You forgot to subtract the holdback of $910 from the invoice). So they're 'giving' you $1500 over invoice--a 5% profit on the car.
 
Always ignore any price on the sticker--which you rightfully did with the dealer add-ons. Assuming these flaps and tints really are "extras", and if your valuation of them at $300 is accurate, then your true dealer cost is $31,750.
. Since they were happy to take $600 over their false invoice, offer them their true dealer cost plus $600 for a final offer of $32,350.
NOTE: Infinity sales are down 22% from last year and we are in a recession--hence the 2.9% incentive rate from HQ. They'll take 3% profit.
#5496 of 6169
Re: Rate my deal... [straightdope] by dwynne
Feb 13, 2008 (6:49 pm)
Reply

Replying to: straightdope (Feb 13, 2008 6:32 pm)

Most dealers do not deal into the hold back, unless they are really desperate to move a car. I don't think Infiniti dealers are quite that desperate yet, no matter what CR says (BTW, I like CR but I can't figure out why folks pay for their "info" when you can get it free elsewhere).
 
For the record, Infiniti sales were up 4.5% for calendar year 2007 over 2006, with the G sedan up a whopping 33.4%. for the year. For the single month of January 08 the sedan was down 22% compared to Jan 07, but coupes were up 101.4% for the month. Infiniti overall was down for that one month by 3.6%. The 22% "drop" for Jan is more a feature of the sedan being new last year, if you compare Jan 07 with Jan 06 sales were up 71% for Jan 07. If you compare Jan 08 VS Jan 06, sales in 08 were up 39%. So the 07 Jan number is the "fluke" and the Jan 08 number is not that bad.
 
We are also not in a recession, since a recession is a decline for 3 straight quarters.
 
Dennis

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