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Infiniti G35 G37 Lease Questions

3406 messages,  Last post on Jul 24, 2008 at 1:51 AM

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What is this discussion about? Infiniti G35, Infiniti G37, Car Leasing, Coupe, Sedan


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#1699 of 3406
Re: July G lease numbers [dwynne] by searchingfor
Jul 26, 2007 (2:19 am)
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Replying to: dwynne (Jul 08, 2007 11:08 am)

I am planning to lease a car today....and need urgent clarifications -
 
2007 Infiniti G35 Sedan
24 Month – Residual 67% of MSRP – .00161 Base Rate
36 Month – Residual 57% of MSRP – .00195 Base Rate
48 Month – Residual 46% of MSRP – .00238 Base Rate
60 Month – Residual 38% of MSRP – .00259 Base Rate
 
This is 15k /yr.
 
How will the residual and Money Factor (MF) change for 18k/year?
 
Basic question - how does the above MF translate it into %? I mean what is the formula?
 
I am planning to put security deposits (SD) to reduce my MF. Is there a situation when I will not get my SD back at the end of the lease. I guess what I am asking is - do we have any fine prints around SDs?
 
Thank you,
#1700 of 3406
Re: help me with the lease situation - [searchingfor] by Car_man HOST
Jul 26, 2007 (3:13 am)
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Replying to: searchingfor (Jul 17, 2007 11:45 pm)

Hi searchingfor. The money factors that you mentioned in your post are right in line with Infiniti Financial Services' current program for the '07 G35 Coupe. The addition of the Premium Package or navigation will not have any impact upon this cat's factor.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1701 of 3406
Re: 2007 G35X lease deal!!! [ripmaster] by Car_man HOST
Jul 26, 2007 (3:16 am)
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Replying to: ripmaster (Jul 18, 2007 9:23 am)

Hi ripmaster. Thanks for sharing the details of your lease with everyone. Make sure to stop by the new Edmunds.com Dealer Ratings & Reviews section of this site to share your thoughts on Infiniti of Denver with everyone. Enjoy your new ride!
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1702 of 3406
Re: My 2007 G35X Lease Deal [mikeoc1] by Car_man HOST
Jul 26, 2007 (3:21 am)
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Replying to: mikeoc1 (Jul 18, 2007 10:48 am)

Hi mikeoc1. The car that you described, an '07 Infiniti G35 AWD with Premium, Navigation, and Technology has a spread of around $5,400 between its full MSRP and its dealer invoice price. That puts the selling price that you were given at around $2,500 over invoice. I am not personally all that familiar with what the market is like for this car in your area right now, but I personally would have shot for a slightly larger dealer discount. You may be able to find out how much other community members have paid for similar cars lately by visiting the following discussion: "Infiniti G35: Prices Paid & Buying Experience". Make sure to share your thoughts on the dealer that you got your car from by visiting the new Edmunds.com Dealer Ratings & Reviews section of this site.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1703 of 3406
Re: Let me know if this correct..... [searchingfor] by Car_man HOST
Jul 26, 2007 (3:30 am)
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Replying to: searchingfor (Jul 18, 2007 11:12 am)

Hi searchingfor. A base 2007 Infiniti G35 Coupe has a spread of around $2,700 between its full MSRP and its dealer invoice price. The capitalized cost that you were quoted for this car looks attractive to me, as long as you aren't making any sort of cap cost reduction. Furthermore, the money factor and residual value that you were quoted for this car are right in line with Infiniti Financial Services' current program for it. If you like the car, I personally don't see any reason not to go for it. If you end up going with this deal, make sure to share your thoughts on your sales experience by visiting the new Edmunds.com Dealer Ratings & Reviews section of this site.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1704 of 3406
Re: 2007 G35X lease deal!!! [rubicon4] by Car_man HOST
Jul 26, 2007 (3:33 am)
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Replying to: rubicon4 (Jul 21, 2007 7:26 pm)

Hi rubicon4. Through July 31st, Infiniti Financial Services' buy rate lease money factor and residual value for a 24 month lease of a 2007 G35 Sedan with AWD and 15,000 miles per year are .00156 and 67%, respectively. The numbers for an otherwise identical 36 month lease are .00193 and 57%. Its 48 month numbers are .00246 and 46%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1705 of 3406
Re: 2007 G35X lease deal!!! [rubicon4] by Car_man HOST
Jul 26, 2007 (3:51 am)
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Replying to: rubicon4 (Jul 21, 2007 7:36 pm)

Here you go, rubicon4. Infiniti Financial Services' current buy rate lease money factor and residual value for a 39 month lease of a 2007 Infiniti G35 AWD with 12,000 miles per year are .00193 and 56%, respectively.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1706 of 3406
Re: Signed Today Pickup Friday [bmulberry] by Car_man HOST
Jul 26, 2007 (3:56 am)
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Replying to: bmulberry (Jul 25, 2007 5:33 pm)

Congratulations on getting your new car, bmulberry. Make sure to stop by the new Edmunds.com Dealer Ratings & Reviews section of this site to share your thoughts on the dealer that you got your new car from with everyone.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1707 of 3406
Re: July G lease numbers [searchingfor] by Car_man HOST
Jul 26, 2007 (4:01 am)
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Replying to: searchingfor (Jul 26, 2007 2:19 am)

Hi searchingfor. Infiniti Financial Services' money factors are the same, regardless of what mileage allowance you go with. I believe that 15,000 miles per year is the highest mileage allowance that it publishes residual values for. If you need to drive more than this, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until the scheduled end of your deal and have to pay an excess mileage penalty.
 
You can convert money factors into approximate interest rate equivalents by multiplying them by 2400. For example, a money factor of .00161 is equivalent to an interest rate of around 3.86%.
 
You will be able to get back all of the security deposits that you made on your lease when you return your vehicle, unless you have to pay an excess mileage or an excess wear and tear penalty.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1708 of 3406
Please check my calculations-G35X by leasingpa07
Jul 26, 2007 (8:26 am)
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hello!-Hope all is well-I've been researching and crunching numbers with various scenarios...
 
I am trying to do the math to make sure I can calculate correctly in case they throw me a curve ball. Can you help me make sure I am calculating correctly? Below I have 2 calcs for a 24month, 10k and 36month, 10k.
 
Financial Proposal w/cash due at signing: Pennsylvania
 
…………………………........…24mos/10K ....VS...............36mos/10K
 
Invoice:……………….....….$33,613
Cap Cost:……………… .....$34,113 ………………………............$34,113
Actual Agreed Value:…...... $34,113...............$34,113
MSRP: ……………….........….$37,455
Residual Value ($):…….$23,879…………...........……………..$20,467
Term:………………………........……24……………………………....................36
Mile Allowance:………….10,000………………………….................10,000
Money Factor (%):…………70%/2400=.000291……...….60%/2400=.00025
Inception Fees include:
Acq/bank fee: …….$595
Acq/bank tax:……..$59(est.)
Title/Tags/Reg:……$152
Docs:……………….........$0
Tire Tax:………….....….$5
Tax at 9%.................$39……………………....………………$35

Monthly Payment before tax:$442.41………………….......……….…..$392
 
Car Details:
National Invoice: .........$31,221
Premium: ...... $1853
Wood: ... $388
Splash: ... $114
Cargo: .. $37
Total Invoice:……...............$33,613
 
Thanks in advance everyone for your input.

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