- #1116 of 4727
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2007 G35 Sport 5AT Pricing
by toddr3
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Mar 19, 2007 (9:53 am)
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I looking at leasing a G35 Sport auto with the Nav, Prem, and Technology packages. Does anyone have any pricing figures on this setup? I am in West Palm Beach, FL any suggestions on Dealers?
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- #1117 of 4727
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Re: Just leased a new 2007 G35 Sedan [imshane54]
by toddr3
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Mar 19, 2007 (10:01 am)
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Replying to: imshane54 (Mar 19, 2007 8:10 am)
I live in Boynton and am looking for a G35 sport 5AT. I am working with Palm Beach Infiniti now. Did you shop all local dealers and Sawgrass was cheaper or did you start at sawgrass?
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- #1118 of 4727
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Re: 2007 G35 AWD lease [jamella]
by sprinkler13
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Mar 19, 2007 (10:24 am)
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Replying to: jamella (Mar 17, 2007 12:22 pm)
That deal doesn't look that good at all. First...when I calculate the numbers, using their cap cost (sale price), money factor, MSRP, Residual, and tax %...I can't seem to get anywhere near their price. It looks like they are charging you twice for the Bank Fee...once in your closing costs, and then adding it to the sales price when calculating the monthly lease payment. The money factor is high, but the don't necessarilly have to give you the best published price, but you should definitely push for it. For 36 months it's .00175. The residual is good. The sale price isn't that good though. You should definitely push for a better sales price. MSRP is $37,290, and Invoice is $34,179...thats about $3k to work with. So, basically, they are only going about $700 off of sticker (MSRP) and then they are adding it back by charging you for the $595 bank fee. You definitely have room to play with. They should lose one of the bank fees for sure. Either you pay for it upfront and it doesn't get calculated in the lease, or you roll it into the lease and don't pay it up front...NOT BOTH. You should also try to get them to come down on the Sale Price and try for the .00175 Money Factor. For example, if you remove the bank fee from the lease payment and get the lower Money Factor, your monthly payment should be about $538/mo. including tax. And that is keeping the same sale price you were quoted ($700 below MSRP). See below.....
Lease Payment
Cap Cost $36,590.00
Luxury Tax $0.00
Acquisition Fee $0.00
Total Cost $36,590.00
Down Payment $0.00
Trade-in
Total Cap Reduction $0.00
Amt Financed $36,590.00 (A)
Money Factor 0.175% (B)
MSRP $37,290.00
Residual $22,001.10 (C)
Residual, Percent 59.00%
Term, Months 36
Sales Tax 6.00%
Monthly Depreciation $405.25
Monthly Money Cost $102.53 (B*(A+C))
Lease Payment $507.78
Sales Tax $30.47
Total Payment $538.25
Now, for every $100.00 you can reduce your Sale Price (Cap Cost), you can expect your monthly payment to drop roughly 3 dollars/mo. The other thing is that the math doesn't add up on your out of pocket numbers, but I am assuming that the small discrepancy is for vehicle registration. Hopefully, now that you have some info, you will be more prepared to deal with them and can get yourself a new car Best of luck!
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- #1119 of 4727
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Re: Just leased a new 2007 G35 Sedan [toddr3]
by imshane54
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Mar 19, 2007 (11:30 am)
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Replying to: toddr3 (Mar 19, 2007 10:01 am)
Sawgrass was better by a long shot! Larry at Palm beach was the second best. He was very nice, but Sawgrass was better. Contact Hassan or Mike in the internet department. Good luck. They will remember my name (I just got the car on Saturday) if you want to use my name. It was my second car from them in 6 months. They made the process very easy.
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- #1120 of 4727
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Re: Just leased a new 2007 G35 Sedan [toddr3]
by urirx98
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Mar 19, 2007 (5:42 pm)
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Replying to: toddr3 (Mar 19, 2007 10:01 am)
I live in Boynton beach aswell, and i leased at Coconut Creek Infiniti, they actualy own sawgrass infiniti aswell as a few other dealerships in the state. I had a friend in teh leasing business call a guy at sawgrass infiniti, and i had CCinfiniti beat the deal, as for ANdrew or Dane if you go. I got good service from them, and if you need any other info, let me know. THe info of my deal is posted in this thread, on the page before. Hope this helps.
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- #1121 of 4727
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Re: Is this a good deal? [sprinkler13]
by kp22
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Mar 20, 2007 (5:31 am)
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Replying to: sprinkler13 (Mar 15, 2007 9:48 am)
sprinkler13...I was able to finally touch base with my dealership to get a more detailed breakdown of their numbers. The latest and supposedly final offer they put on the table is as follows:
MSRP: $37,740 (Premium, Satellite, Wood Trim, Splash Guards, Cargo net)
Cap Cost: $35,055
Money Factor: .00176
Residual Percentage: 58%
Out of Pocket: $3,000 (Includes Sales Tax, Registration Fees, Acquisition Fee/Bank Fee, $500 deposit (not security...seems like it might be dealer profit) and 1st pmt).
Lease terms:
39 months
10,000 miles
Payment Offered: $423.50
Is this a good deal?
As I have mentioned in previous posts, I only have 22,000 miles on my 04 G35x. My lease allowed for 39,000 miles by September. I was hoping to get some concession from the dealership knowing that they can sell the vehicle for a hefty profit. They are telling me that there is no value to them and that corporate Infiniti takes the vehicle back. I find that hard to believe. Do have any insight on what dealerships do with returned leased vehicles?
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- #1122 of 4727
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2007 g35 sport automatic money factor and residual
by vmontiel
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Mar 20, 2007 (3:24 pm)
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Hi there
can somebody calculate my payments on my car.
Im looking at the new 2007 infiniti g35 sport with automatic tran.
msrp $37,050
my price its $34,062
I like to know my money factor and residual for 24 and 39 months.
Thank you and good luck.
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- #1123 of 4727
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Re: Is this a good deal? [kp22]
by sprinkler13
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Mar 20, 2007 (3:45 pm)
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Replying to: kp22 (Mar 20, 2007 5:31 am)
Well...it looks like they went up 1k in closing costs and higher on the payment since you last posted. Are you paying all of the sales tax up front? Also, that "deposit" is BS, it should either be a refundable security deposit, or it's a cap cost reduction. I wouldn't pay a cap reduction. Your cap cost isn't bad, it's $500 over invoice. The money factor is good. The residual is ok, but honestly, you are probably better off going with a 36 mo./10k lease which should be .00176 and 60% respectively. Your payment is only about 6 bucks more a month but you are responsible for 3 fewer payments. If that payment doesn't include tax, they are burying addl. cap reduction in your closing costs. 3k is way too high IMO for just closing costs. If they are not factoring in ALL of the tax upfront ($1300+ or so) then it's definitely not a great deal...unless you are just dying to break your current lease and want an out. Not sure what they do with your car, but you are well under mileage and if you like the car, you can just ride out the end of your lease and in 6 months be able to work a very good deal on a new one.
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- #1124 of 4727
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Re: 2007 g35 sport automatic money factor and residual [vmontiel]
by sprinkler13
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Mar 20, 2007 (3:52 pm)
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Replying to: vmontiel (Mar 20, 2007 3:24 pm)
Is that MSRP for a sport w/premium and spoiler? If so, $34,062 is very good as it's only 100 over invoice. You need to see what they are offering you for MF and residual and then someone can calculate it. They could say they are giving you 100 over invoice on the car, but then inflate the MF and residual to 'make up' for their discount. Get as much info as you can. Try to get an ITEMIZED breakdown of closing costs too and how much goes to each specific item that is covered by closing costs.
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- #1125 of 4727
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Re: Is this a good deal? [sprinkler13]
by kp22
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Mar 20, 2007 (4:10 pm)
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Replying to: sprinkler13 (Mar 20, 2007 3:45 pm)
sprinkler13...thanks for your reply. As far as I know, the $3k upfront included all of the sales tax (roughly $1,200), the BS $500 deposit (which I will refuse to pay), registration fee ($217.50), acquisition/bank fee ($595) and 1st payment ($423.50). Other than the BS deposit, are the other fees legit? Before I do anything I will confirm that there are not any other buried fees or cap reductions.
Truthfully, I am not too anxious to get out of my existing lease early. I never would have considered it had I not received calls from the dealership trying to persuade me. I figured if I was able to get a great deal, I might as well do it. I told the dealership that I needed the deal to be real sweet in order for me to do it. Otherwise I am going to drive my 04 Infiniti G35x as much as I can until the lease is up in September.
I actually was on the phone with the dealership last night and they got off the phone with me abruptly because they were frustrated. I just received a voicemail from the sales manager hoping to talk more. I plan on calling him tomorrow to discuss further. Given the information that I have given you so far, what would the deal have to be for you to get out of a lease like mine early? I am know that is a difficult question, but any advice you can provide before I call the sales manager tomorrow would be greatly appreciated. Thanks again for all of your assistance so far!
I would appreciate any other input from others as well. Thanks!
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