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Prices Paid: Buying & Leasing Experiences
Infiniti G35 G37 Prices Paid and Buying Experience
6210 messages, Last post on Jul 24, 2008 at 10:17 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: happycamry (Feb 22, 2008 4:55 pm) I agree. Holdback is pure profit so why would anyone ignore it when negotiating a price? I tried to tell the forum earlier that determining Actual Dealer Cost, not just "invoice" is the way to proper starting point for negotiating your final offer, but it fell on deaf ears. When doing the remote bidding process ('fax or internet attack') ask for and get the dealer's final, out the door, bottom line price including any doc. prep and destination fees but excluding mandatory gov't taxes & fees (tax, title, license, registration, which are constant). That way they can't surprise you when you show up to sign. Tell them that if that's not the price on the paperwork, you'll walk. Obviously, the fax attack isn't very effective in one dealer towns--but even then you can still use it to bluff you're way into a good price. [The Des Moines Iowa Infinity fleet manager doesn't know that you don't want to drive to metro Chicago to get a better price. Call his bluff. ] |
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Replying to: mrv1 (Feb 23, 2008 2:32 pm) |
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Replying to: dwynne (Feb 23, 2008 11:55 am) I am in the process of leasing a new 2008 INFINITI G35x/ Premium Package/ Splash Guards/Cargo Net. I am using VPP number. Here is what I got form a dealer (Hartford, Connecticut area): Retail Value: $37,325 Savings: $2,838 Adj. Sales Price: $34,487 Conveyance Fee: $299 Tax: $2,087 Tag Fee: $165 Net Sales Price: $37,038 They want me to pay $1,800 down that includes: Bank Fee: $595 Registration: $165 First Month Payment: $477 Conveyance Fee: $299 Cap Cost Reduction: $264 Based on this price the lease for 36 month/15,000 miles per year is: $477/month I do not think this is a good deal, but it seams that I cannot find where they are cheating me Please, help! Any advice would be greatly appreciated.
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Replying to: nazarenk (Feb 26, 2008 9:59 am) The lease residual on a x for 36/15k should be 59% and the buy rate for top tier lessees is 0.00149. Plugging all that into a lease calc show a payment of $430.45 IF you paid everything up front and not including tax. Since you dealer is suggesting that you pay all that up front and a $264 cap cost reduction, that makes your payment $422.73 per month not including tax. I assume you live in CT? It looks like they tax on the payment at the rate of 6%. So adding that to the payment I figured I get $448.10 per month which is a lot lower than your dealer's payment. Based on the tax amount you posted, I am guessing that you do not live in CT but in another state that charges a much higher amount of charges tax on the whole car and not just the depreciation or payment. If I had that tax amount shown on top of the car the payment comes out close to your dealer's number. Dennis
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Replying to: nazarenk (Feb 26, 2008 9:59 am) |
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Replying to: almatti (Feb 26, 2008 6:33 am) |
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Does anyone know how to reset the trip miles so I can see how far a tank of gas will get me?
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Replying to: allbiz (Feb 26, 2008 12:48 pm) |
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Replying to: allbiz (Feb 26, 2008 12:48 pm) I sat at the gas station after my first fill up looking for this as well - and finally had to pull out the "FM" to see. The reset is on the left side of the dash on the front behind the steering wheel. Where *I* sit and have the wheel set it is perfectly hidden and on subsequent fill ups I had to hunt for it each time Dennis
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Replying to: dwynne (Feb 26, 2008 11:28 am) Thanks a lot for your quick posting. I really appreciate it. I do live in Connecticut Hartford area and the sales tax is 6% Since $34,487 is correct and you confirmed that, I assume that something is off on the rest of their calculations. I plugged all the numbers you gave me into Edmund's lease calculator (59% residual value, .000079 money factor - assuming that 1.9% is the rate, then 1.9/2400=.000079) and my number was $465/month. Still lower then what they want. I do not understand why am I paying tax twice? I am paying $2,087 tax on the car price and then every month I am paying tax on my monthly payment??? Thanks again, nazarenk
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