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Infiniti G35 G37 Prices Paid and Buying Experience

6176 messages,  Last post on Jul 08, 2008 at 7:36 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#5912 of 6176
Re: G35 for $1000 under invoice? [cb6] by dwynne
May 09, 2008 (4:31 am)
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Replying to: cb6 (May 09, 2008 1:00 am)

I call bogus on this one.
 
The MSRP on a car equipped as listed is $38,330 with an invoice of $35,010. The IFS residual on a 24 month lease is 69% for 15k miles and 70% for 12k miles (10k miles not available on a 24 month lease). So 70% of $38,330 is $26,831. The IFS MF is 0.00126 .
 
If you plug the residual, MF, and payment into a lease calc and solve for the cap cost you get $33,386 which is $1,624 under invoice. Since they claim "$0 down" then they must have rolled the $595 bank fee into the cap cost which makes it $2,219 under invoice.
 
I don't think that is going to fly. Note that the ads say "from $349 w/$0 down". The $349 may be a base model G and the one shown will be more.
 
Or it could be like the NY "Deal" from a month or two back, an open ended lease.
 
Dennis
#5913 of 6176
Re: how much over invoice should I pay? [denverg35] by loudog2
May 09, 2008 (4:40 am)
Reply

Replying to: denverg35 (May 08, 2008 7:50 pm)

You should be getting goods deals on the TL. The new model gets released this summer in FWD. Then the AWD TL gets released this fall. If your looking at the TL, I'd wait for the AWD model to come out in a couple months.
#5914 of 6176
Is this a good deal for G37? by raizon
May 09, 2008 (4:14 pm)
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I went to the Infiniti dealership and they gave me the following deal:
 
2008 Blue Slate Infiniti G37 Journey with premium, sports and spoiler.
MSRP $41,675
 
Leasing term 39 months with 15k miles:
Final Price: $40,250
Residual: $25,000
Downpayment: $1,500 (includes 1st month payment)
Monthly: $589.84 with tax
 
Is this a good deal? If not, what should I be aiming for?
 
Thanks in advance for your help!
Jason
#5915 of 6176
Re: Is this a good deal for G37? [raizon] by ajb723
May 09, 2008 (7:46 pm)
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Replying to: raizon (May 09, 2008 4:14 pm)

Before anyone can answer, what is the tax rate in your state ? Working backward, and assuming a tax of 7% it seems the MF you are being charged is about .0025, which is too high. The MF should be .0019-.0020. Then, with a tax of 7% (I chose that because I live in NJ) your monthly incl tax and with $1500 down should be about $535.
#5916 of 6176
Re: Is this a good deal for G37? [ajb723] by ajb723
May 09, 2008 (7:48 pm)
Reply

Replying to: ajb723 (May 09, 2008 7:46 pm)

I made about calc using 12K- For 15K per year the total would obviously be sl higher.
#5917 of 6176
Re: Is this a good deal for G37? [ajb723] by raizon
May 09, 2008 (9:17 pm)
Reply

Replying to: ajb723 (May 09, 2008 7:46 pm)

The tax rate in my area is 9.2%. Sorry about being a noob but what does MF mean?
 
I tried to get it down to $550 per month with tax but they wouldn't budge.
#5918 of 6176
Buy 08 G37 now or wait for 09 by krniethamer
May 10, 2008 (8:52 am)
Reply
I just found this forum. What a great resource.
 
I live in Plano, TX. I have decided to go with the G37 Journey, Red/Graphite, w/ Premium Pkg & NAV. My question is do I buy now, an 08, or wait for the 09. How can I find out what, if any, changes there will be with the 09 including price? Thanks in advance for any help.
#5919 of 6176
Re: Buy 08 G37 now or wait for 09 [krniethamer] by dwynne
May 10, 2008 (9:14 am)
Reply

Replying to: krniethamer (May 10, 2008 8:52 am)

Waiting for an 09 will be several months. We don't know anything yet about any changes but since the coupe was just released I would guess they would be small in nature. I would doubt the price would go down and is likely to go up a bit ($200-300 maybe). The later in the model year generally the better the deals and buying at the start of the new model year generally the worse the deals. Buying a left over 08 once the 09 coupes are on the lot would probably net the cheapest price but the least selection.
 
Dennis
#5920 of 6176
Re: Is this a good deal for G37? [raizon] by ajb723
May 10, 2008 (10:20 am)
Reply

Replying to: raizon (May 09, 2008 9:17 pm)

MF is the money factor- essentially the interest rate number used by the leasing companies. You can multiply by 2400 to get the actual interest rate. It is the number you plug into the various available leasing calculators to get the actual monthly charge. Current MF for the G37 is about .00190.
Alan
#5921 of 6176
Re: New G35 in CA (Bay Area) [osodeoro] by partzguy
May 12, 2008 (7:27 pm)
Reply

Replying to: osodeoro (May 01, 2008 6:40 pm)

osodeoro
 
Can I ask how you worked the deal to get to the price you paid? Did you negoiate over the internet, and did you have quotes from other dealers you used as leverage ? I live close to Pleasanton, and the deal you got seems very fair to me. Just wondering how you worked the deal and for any advice you might have.
 
Also, does anyone know the holdback on a G35 Journey with premium and navigation?
 
Thanks, Don

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