Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences Infiniti G35 G37 Lease Questions
3624 messages, Last post on Sep 06, 2008 at 4:30 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
Replying to: devius (Jul 21, 2007 1:18 pm) $36,800 (cap cost) - $8,000 (value of trade) = $28,800 + $12,000 (payoff) = $40,800 Think of it this way, if you weren't upside down, you would take the base price, subtract the value of the trade, and then add back the payoff amount of the loan to get your net. Hope that makes sense, I don't know if I explained it that well or not, but the dealer did calculate it correctly.
|
|
|
Replying to: devius (Jul 21, 2007 1:18 pm) If you owe $12,000, the $4000 of negative equity is going to be added to the cap cost. You effectively believe that owing $4,000 more than your car is worth actually should lower your car payment. If it was only that easy. $36,800 (cap cost) - $8000 (value of trade) = $28,800 + $12,000 (amount you owe) = $40,800 |
|
|
Replying to: jpp5862 (Jul 21, 2007 3:19 pm)
|
|
|
Replying to: ripmaster (Jul 18, 2007 9:23 am) I have been finding different dealers are quoting different residuals and MF on the G35X. These are the numbers I have seen online: Infiniti Financial Services Lease Programs – Effective 7/5/07 2007 Infiniti G35 X Sedan 24 Month – Residual 67% of MSRP – .00156 Base Rate 36 Month – Residual 57% of MSRP – .00193 Base Rate 48 Month – Residual 46% of MSRP – .00246 Base Rate 60 Month – Residual 36% of MSRP – .00258 Base Rate Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms Some dealers are quoting only 58% residual on a 36 month / 12k mile lease. My question is if I were to put together a deal and had the adj. cap cost from them would the final papers show the 58% residual (if incorrect) or would they have to go with what IFS mandates (59%). I realize they can play with these numbers and if you don't know the specifics you'll never be the wiser. |
|
|
Replying to: ripmaster (Jul 18, 2007 9:23 am)
|
|
|
Replying to: rubicon4 (Jul 21, 2007 7:26 pm) Let us know if you find out! |
|
|
Replying to: rubicon4 (Jul 21, 2007 7:26 pm) These forums allow for accurate information to be shared so that when the dealer provides a quote, you can ask to see the actual numbers and see if they are trying to make extra money. I call them out when they do this and I walk away from the dealership. Another big one to look out for is the bank fee. All leases have them. Infiniti charges $595. I've seen dealers say that it's $795. Call them out. By the way, I decided to buy my G35X. It is a fantastic car. Sport, luxury, great options. I absolutely love it and you will to. Compare it to a 335xi. It's about $12,000 less expensive. Awesome car.
|
|
|
Replying to: searchingfor (Jul 20, 2007 10:49 am) 36 months Premium Package no navi no 19" wheels $3,000 down $455 a month 39 months is this a good deal....I need an answer quick ...if is not what can i say when i go in there to day at 1pm.. |
|
|
Replying to: mikeoc1 (Jul 22, 2007 7:28 pm) That is not correct. Dealers can't change the residual percentage, it is set in stone by the lease bank (IFS in this case) and can't be change. The dealers can, and will, try to mark up the lease money factory and/or the lease acquisition fee. If you run into a dealer that does, call them on it as you say and if they don't offer you the "buy rate" find another dealer. Dennis |
|
|
Replying to: rubicon4 (Jul 21, 2007 7:26 pm) Some dealers are quoting only 58% residual on a 36 month / 12k mile lease. Tarry has the residual adjustment wrong, AFAIK IFS now raises it 1% percent to go from 15k to 12k and 1% to go from 12k to 10k miles per year (2% from 15k to 10k). Dealers can't change the residual percentage, so whatever the dealers gives you should be the right number - unless they screw it up  . It that case IFS should catch it and make the dealer re-do the lease. I don't think the percentage will appear on your lease contract, just the residual dollar amount - so you can check this for xx% of MSRP. You do have to watch them on the money factor, however. Dennis |
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Infiniti G35 G37 Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2008 Infiniti G35
2008 Infiniti G37
Browse by Board
Browse by Topic
Today's Chats
