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Prices Paid: Buying & Leasing Experiences Infiniti G35 G37 Prices Paid and Buying Experience
6173 messages, Last post on Jul 05, 2008 at 7:49 PM
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Dennis (since everyone else seems to want your advice), I wanted to get your thoughts on this deal I just received from a dealer, whch is for a G35x with the navigation pkg, premium package, wood trim, etc. The only thing I would question is their $199 doc fee, but I'm new to this and just need some good advice on whether the numbers are good or bad. Te lease on this is the below and al lease are 15,000 miles per year and include all taxes and fees. $498.00 for 24 months with just inception fees down ($1630.00), money factor is .00131, residual is 70% $489.00 for 36 months with just inception fees down ($1722.00), money factor is .00150, residual is 60% $485.00 for 39 months with just inception fees down ($1717.00), money factor is .00172, residual is 59% 2008 Infiniti G 35x MSRP- $40,175 INVOICE- $36,785 INCEPTION FEE break down: 1st months payment $595 bank fee $199 doc fee $275 or $375 motor vehicle fee (depending on term) $7.50 nj state tire tax $55.58 upfront taxes Please let me know what you think and thanks. If anyone else has any comments, feedback or advice ... I'm all ears. Michael
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Replying to: mpkrasner (May 13, 2008 6:21 pm) Dennis
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Replying to: dwynne (May 13, 2008 6:26 pm)
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Replying to: mpkrasner (May 13, 2008 6:21 pm) You should be able to bring this deal down at least $600-$700. I'm also in NJ and got 2 quotes from Internet sales people. One was at invoice the other was $500 over invoice, so i don't see why you shouldn't be able to get to a similar deal. |
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Replying to: mpkrasner (May 13, 2008 6:32 pm)
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I'm about two weeks out from buying a 2008 G35xS - nav/premium/sports packages. I've had a bidding war for a little bit now between two dealers and I've received - what I believe is going to be - the winning quote for the ladder G35xS (MSRP's at $40.825) The initial quote I received from the dealer was for the following: "Total out of pocket $3000. 12k/yr $443./mo NJ tax included for 39mo term for vehicle that has msrp of $40,825. selling for $37000..." (Infiniti of Willow Grove - PA) After a small bidding war, this same dealer (Infiniti of Willow Grove - PA) came back on top, but the numbers are now: "Assuming NJ taxes, $3000 due  delivery, $435./mo. is the absolute best we can do on a vehicle that we have in stock..." My question is: How can I "backwork" the numbers so that I can be sure that a new quote (for a 24 month lease) only changes in terms of residual and money factor? (I believe the dealer is using May's leasing rates) --> The reason I ask is because I've decided to go with a 24 month lease, but before this dealer reworks the numbers, I want to make sure they use the same cap. cost as they did for the 36month lease. Any help with this would be greatly appreciated! I'm anxious to get my hands on this car XD !!!
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Replying to: bcarter610 (May 13, 2008 8:40 pm) As far as going back and trying to figure out the actual selling price of the vehicle you have in mind, it would be helpful to know what the $3000 down payment includes. If part of the $3000 is the acquisition fee, doc fee, motor vehicle fee and upfront sales tax it is one thing, but if you are putting the $3000 as a cap cost reduction, it would yield completely different figures. |
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Replying to: bcarter610 (May 13, 2008 8:40 pm) Total out of pocket $3000. 12k/yr $443./mo NJ tax included for 39mo term for vehicle that has msrp of $40,825. selling for $37000..." (Infiniti of Willow Grove - PA) After a small bidding war, this same dealer (Infiniti of Willow Grove - PA) came back on top, but the numbers are now: "Assuming NJ taxes, $3000 due delivery, $435./mo. is the absolute best we can do on a vehicle that we have in stock..." |
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Replying to: bcarter610 (May 13, 2008 8:40 pm) I think this is the way to go versus handing them the $3000 and having nothing to show for it if your car ever gets totalled or stolen. Plus you get the $3888 back when you bring the car in after the 39 months. Instead of you giving them $3000 and never seeing it again, they pay you back $3888 and you save $3 per month. |
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Replying to: brodway (May 13, 2008 9:02 pm)
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