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Infiniti M35 / M45 Prices Paid and Buying Experience

1142 messages,  Last post on Dec 03, 2009 at 6:58 PM

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

What is this discussion about? Infiniti M45, Infiniti M35, Sedan


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#740 of 1142
Re: 2008 M35X [blov8r] -- new leases [madrad] by blov8r
Apr 05, 2008 (6:23 am)
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Replying to: madrad (Apr 04, 2008 7:08 am)

The shortest term lease I've seen is 24 months but my guess is that a creative sales/lease manager can structure a shorter one if he's so motivated. I have seen 18 months, but that was a "bridge lease" on a MB SUV because the body style was about to change ... that was four years ago. If I had my druthers, I'd sign up for a fixed dollar amount monthly and roll over into a new car every 12 months, but the only way that could/would work would be with a dealer (or leasing company) that deals in a number of different product lines. Drive the Infiniti for a year, a Lexus, then a Jag ... just rotating for the luxury of having new all the time. Bart
#741 of 1142
M35 Leases by djrampage7
Apr 08, 2008 (6:02 am)
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Hey all,
  
   I'm about to start shopping around for a lease on an Infiniti M35 with the sport and tech package. I put some numbers in the calculator leaseguide and am coming up wiht about $630 a month.. thats with $0 down and 7% sales tax.
  
That seems kinda high, considering that I've read some posts on here about people getting lease deals at around $550 a month.
  
Just curious to see what other deals people are getting before I walk into the lion's den.
#742 of 1142
Re: M35 Leases [djrampage7] by ghstudio
Apr 08, 2008 (6:43 am)
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Replying to: djrampage7 (Apr 08, 2008 6:02 am)

You can lower any of the prices given to you by Inifiniti dealers by making multiple security deposits....which drops the Money Factor by .0001 per extra security payment (keep in mind that this is a "loan" which you get back at the end of the lease vs a downpayment which you don't get back and which doesn't lower your money factor at all). Make sure you ask about multiple security deposits and if they (claim to ) know nothing about them, ask for the finance manager. If they still claim there is no such thing, walk out.
#743 of 1142
Re: M35 Leases [ghstudio] by mikesmithtx644
Apr 17, 2008 (1:34 pm)
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Replying to: ghstudio (Apr 08, 2008 6:43 am)

I was just offered a lease rate on a 2008 M35 w/tech package of $630 per month for 36 months nothing down - $0. The dealer also says there in window tint and wheel locks included - for what ever that's worth. This seems pretty good to me, but I broke the cardinal Rule and deviated my negotiation from the purchase price & interest rate to the monthly payment. What do you all think about this deal?
#744 of 1142
Re: M35 Leases [mikesmithtx644] by djrampage7
Apr 17, 2008 (1:40 pm)
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Replying to: mikesmithtx644 (Apr 17, 2008 1:34 pm)

I was offered $0 down $528 a month for a 39 month, 10,000 a year lease.
 
Total due at signing was $3576, which included first month payment, tax, bank fee and destination charge.
 
Tax for me was around $1500.
#745 of 1142
Re: M35 Leases [djrampage7] by ghstudio
Apr 17, 2008 (7:56 pm)
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Replying to: djrampage7 (Apr 17, 2008 1:40 pm)

bank fee and destination charges should be rolled into the lease. Otherwise, they are just giving you a fancy explaination of a down payment. Don't do it. The only things you should pay up front are registration fees, any state required taxes...and, of course, the first months lease payment.
#746 of 1142
Re: M35 Leases [mikesmithtx644] by ghstudio
Apr 17, 2008 (7:59 pm)
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Replying to: mikesmithtx644 (Apr 17, 2008 1:34 pm)

get your eye back on the total cost. This doesn't sound like a great deal to me. What is the capitalized cost (there are incentives right now...check edmunds). What's the interest rate? what's the residual?
 
I think you might find the 24 month lease is, once again, the cheapest way to drive this car.....have your dealer run all the cases....don't focus on monthly payments.
#747 of 1142
Re: M35 Leases [ghstudio] by mikesmithtx644
Apr 18, 2008 (5:06 am)
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Replying to: ghstudio (Apr 17, 2008 7:59 pm)

I left out that the lease was for 12,000mi/yr. (MSRP is 47,815) I was told the residual was 52% with .00152 MF. I was initially quoted 44,700 included the $1,000 incentive with bank fees of $754 (no taxes) and got a quote for $693. After that offer the conversation went to the payment, which dropped to $659, then to $630. I do not put down anything at all - first payment is a month later.
 
Not sure if more was taken off the car or the residual was increased. 52% seemed very low to me.
 
I don't know how these numbers were arrived upon, but I will before I sign.
 
I would welcome comment. Thanks to all for their feedback. I'll provide details if/when I do the deal.
#748 of 1142
$1,000 Conquest Cash by finadv
Apr 18, 2008 (12:34 pm)
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Does anyone know what you need to show to qualify for the $1,000? I'm trying to sell my car privately so I don't get ripped off on the trade in. If I sell it before I buy the M35X, will I then not qualify for the $1,000? Do you need to show a valid title, reg or do you just get the $1,000 no matter what? Anyone have any experience on this?
  
Thanks!!
#749 of 1142
Re: $1,000 Conquest Cash [finadv] by red_emron
Apr 19, 2008 (9:46 am)
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Replying to: finadv (Apr 18, 2008 12:34 pm)

Show a copy of a current registration, they (the dealer & the factory) have no idea if you right that minute own the car. All they need is the registration to cover their (you know what) BTW I got $62539 months with 15000 miles ayear in Atlanta on my M35X. I showed my my registration and got the $1000.
I live in Knoxville Tennessee by the way, Well worth the drive to Atlanta
 
Infiniti of Gwinnett is northeast of Atlanta an hour & half from South Carolina line
 
I got their name from another forum with great results
I did everything over the internet/phone

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