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Infiniti G35 G37 Lease Questions

3408 messages,  Last post on Jul 24, 2008 at 4:09 AM

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, Car Leasing, Coupe, Sedan


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#1594 of 3408
Re: What factors go into the Cap Cost as listed on the lease? [carchic1] by winterdriving
Jul 03, 2007 (1:36 pm)
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Replying to: carchic1 (Jul 01, 2007 8:09 am)

Wheel locks...that is a good question. I have one local dealer adding $170 for wheel locks. Are those supposed to be standard equip, or could it be a dealer add on? If it is, I assume I can just tell th dealer I don't want them?
 
Also, good question about Destination, Acquisition, and Doc fees. Does the biyer have the choice of adding this to monthly payment, or do they have to be paid up front?
 
I ask because the whole purpose of leasing, iMHO, is to pay as little up front as possible, and "pay for use."
 
Finally, I'd like to hear from anyone in the Midwest who has leased a 35x recently. I haven't seen any quotes in WI or Chicagpland that come close to the pricing in SoCal, NJ, and other places mentioned in the forum.
#1595 of 3408
Re: What factors go into the Cap Cost as listed on the lease? [winterdriving] by scottm123
Jul 05, 2007 (9:09 am)
Reply

Replying to: winterdriving (Jul 03, 2007 1:36 pm)

Wheel locks are NOT standard equipment.
If dealers are adding them, you're either paying for them, or their throwing them in to sweeten the deal.
 
Infiniti lists the wheel lock set on their Accessories page for $49-.
 
If you know of a dealer charging you $170- for them, call them out on it.
I agreed to meeting my salesman halfway between MSRP and Invoice, but this was months ago and the price I got was below what others were paying in my area for the exact model and option pack I wanted.
After agreeing to a price, he then tossed in Wheel Locks and All-Weather Floor Mats.
 
The wheel locks were a freebie... the mats were a gift to make up for a mistake they had made upon delivery.
#1596 of 3408
Re: What factors go into the Cap Cost as listed on the lease? [winterdriving] by dwynne
Jul 05, 2007 (9:19 am)
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Replying to: winterdriving (Jul 03, 2007 1:36 pm)

You can roll anything you want into the lease, as long as you don't exceed (by much) the MSRP of the car. The more you roll the more your payment - but the less do at signing.
 
When the lease bank is doing a discounted rate, I always advise to put as little down as possible and use their cheap money and keep yours in the bank.
 
Dennis
#1597 of 3408
Re: What factors go into the Cap Cost as listed on the lease? [scottm123] by dwynne
Jul 05, 2007 (9:21 am)
Reply

Replying to: scottm123 (Jul 05, 2007 9:09 am)

You didn't factor in the labor for installing the locks
 
The MSRP may be only $49 but they had to pay the salary of some highly skilled, factory trained, technician to install them on the car - hence the $170 charge.
 
Right.....
 
Dennis
#1598 of 3408
Re: What factors go into the Cap Cost as listed on the lease? [dwynne] by scottm123
Jul 05, 2007 (9:25 am)
Reply

Replying to: dwynne (Jul 05, 2007 9:21 am)

Agreed, but $121- for wheel lock installation?
#1599 of 3408
Re: What factors go into the Cap Cost as listed on the lease? [scottm123] by dwynne
Jul 05, 2007 (11:23 am)
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Replying to: scottm123 (Jul 05, 2007 9:25 am)

Maybe you and I can get part time jobs putting them on, sounds like a lucrative line of work
 
Dennis
#1600 of 3408
MF calculation? by jamess3
Jul 06, 2007 (10:56 am)
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New to leasing here. My dealer gave a factor of 1.93, but how do I express that in terms of .00xxxx?
 
Thanks,
 
J
#1601 of 3408
Re: MF calculation? [jamess3] by aepheme
Jul 06, 2007 (11:18 am)
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Replying to: jamess3 (Jul 06, 2007 10:56 am)

J, if that's the MF in %APR terms, just divide by 2400.
 
1.93 / 2400 = 0.000804
 
What other terms did they offer you? (Residual %, MSRP, CapCost, months, etc...?)
#1602 of 3408
Re: MF calculation? [aepheme] by jamess3
Jul 06, 2007 (11:27 am)
Reply

Replying to: aepheme (Jul 06, 2007 11:18 am)

I am checking on other fees, but here is what I have so far:
 
G35X with Premium/Nav/cargo net
MSRP $38,950
Cap cost $35,904 (VPP price)
$0 cap reduction
First month's payment due at signing
Residual 57%
Term 39 months
Miles 15k
Money factor 1.93 or .000804
Tax % = 7.56%
 
Monthly payment 502.81
Tax 38.01
Total payment 540.82
 
Is this a good deal?
 
J
#1603 of 3408
Re: MF calculation? [jamess3] by jamess3
Jul 06, 2007 (11:35 am)
Reply

Replying to: jamess3 (Jul 06, 2007 11:27 am)

Sorry, at 39 months, the residual is 56%
The acquisition fee is $595 and the dealer fee is $489.
 
Thanks in advance for comments about this deal.
 
J

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