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Prices Paid: Buying & Leasing Experiences Infiniti G35 G37 Lease Questions
3698 messages, Last post on Oct 06, 2008 at 8:14 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
| I looked at an Infinity G35 Sport this evening and I asked the salesman to find me a black with the premium package and then we can talk. I plan to negotiate the price before deciding on lease or buy. Because I am not sure if I will lease or buy I need to get up to speed on some of the numbers I should be looking at when discussing a lease? If you could list them with the average amounts that I should get in Miami, FL such as the Money Factor, Residual Value etc. Thanks | |
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I told a dealer in Phoenix I wanted a Blue Slate Premium, Nav, Tech and was told I could get the following deal (if I drive up from Tucson tomorrow of course.) 36 months 12,000 miles 57% residual $500 over invoice doc fees are $369 I'm suppose to get the MSRP in the next couple of hours so assuming there are no bogus dealer add ons what do you guys think of this lease? I'm assumming my cap cost is going to be $35600. Good deal or not?
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Replying to: bbenson5 (May 19, 2007 5:17 pm) |
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Replying to: sprinkler13 (May 17, 2007 4:37 pm) But what is the advantage to the dealer in doing so??? The residual is what you are paying for the car after the lease is up? I leased about 11 vechicle in the last 16 years and I have never see a residual difference from any quote if I use the same leasing company. The only case I see a difference in residual is when I shop for a RX300 from Lexus financial vs Chase (dealer offered Chase instead of Lexus financial lease). I believe Car_man discussed this topic too. |
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Replying to: erinb510 (May 16, 2007 12:41 pm) Do you closed your deal yet? I have a clueless salesman from Inifiti of Oakland (1500 over KBB invoice) and the best quote I have now is from Fairfield for 750 over KBB invoice (they claimed 500 over invoice but it must be over the invoice with the ad fee). The upside is that it is the exact options that I want. I have a guy from Frontier that quote full MSRP (and I am guessing that it is a no go, lol) |
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Has anyone got a 58% residual value on a Prem, Nav, Tech Journey Sedan for 36 months and 12,000 miles? I've been haggling with 2 different dealers and they both are suggesting to me that the best rate is 57%. Neither had a problem giving me a money factor of .00178. I realize the Cap Cost plays a big part in the overall lease but I thought reading through the forum here that you should be able to get 58% residual if only 12,000 miles.
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Replying to: bbenson5 (May 20, 2007 1:48 am) |
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Just closed the deal today and did a 2yr 12K mi lease from Fairfield Infiniti. Here is the details: 07 Journey/Prem/Nav/Tech/Tire lakeshore Slate with Stone interior: MSRP: 38565 Invoice: 35186 Cap cost: 35702.38+595 acquisition cost (516 above KBB invoice) money factor: 0.00022 (after 9 security deposit) residual: 25584.9 (66.34%??) Monthly payment: 437.88 + tax = 474.01 Driver off: 527.05 cap cost reduction + 474.01 + reg fee 299 + 43.48 tax on cap cost reduction +45 doc fee + 8.74 tire fee + 3.71 doc tax + 4950 refundable deposit = 6351 Charge 3351 out of the 6351 on a credit card and rest in a check. It took a while to get to the final price. Fairfield is very straigth forward with their quote but it take some going back and forth to get the final price (wifey did the final negotiation after all the quote is in and she got the last 250 reduction). I got a total of 7 quotes and the quotes are very far apart from each other. One quote MSRP, other play game with money factor and drive off. Most center around 1000 above KBB invoice with some below that. Fairfield have a very young crew (most sales and finance manager are in late 20, early 30) and they are very easy to work with. The buying experience has been great (Let's see whether the sales guy will send us the infiniti mug that he promised. heh heh). Thanks everyone for your help and information. It may leasing this car a lot easier and so far I really enjoy the car after driving it for an hour or so. |
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I have a G35x on order. No money down lease. I hate putting cash down on a lease, but dealer claims that infinity has some special program where you prepay up to 9 months and the money is not a cap cost reduction. (In other words if car is stolen you get the money back) Infinity then gives you money at the end of the lease for the prepayemt. He claims is like a 10+% return. I have not seen any paperwork on this, but was wondering if anyone else has heard of it?
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Replying to: jsarrett (May 21, 2007 7:51 am) Whats the details..price,monthly,down,term.etc.. |
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Prices Paid: Buying & Leasing Experiences Infiniti G35 G37 Lease Questions
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